Business Law Quotes

“IP is not just an idea; it’s an intangible asset that does a specific job for you.
Each one is different—patents, trademarks, copyrights. The specific way you get that job done is what you’re protecting, and the way you do it affects the asset value.”
― JiNan George, The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business

“IP filing is a race. The first person to file and get accepted wins and can shut you down, even if the idea was yours in the first place. Waiting too long means you don’t get a patent. Too many companies do just that.”
― JiNan George, The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business

“In a small company, the CTO, R&D, the COO, and even the CEO or cofounders or owners can be responsible for reviewing documentation. Don’t rely on your memory; write it down. Ideas become reality when we speak them and write them. So document them in an idea journal (digital or traditional) without judgment at the time. Inventors (and especially software developers) tend to edit or judge ideas and conclude they are not patentable because they were simple—even though they solve important problems and do not exist elsewhere.”
― JiNan George, The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business

“To thrive in business, it's good to have a clear understanding of the laws that affect business.”
― Hendrith Vanlon Smith Jr

“Regulatory compliance is critical to managing risk.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“The law provides a foundation for trust in the marketplace, allowing businesses to thrive.”
― Hendrith Vanlon Smith Jr.

“The legal system protects property rights, allowing entrepreneurs to innovate and take risks.”
― Hendrith Vanlon Smith Jr.

“In a litigious society like ours, the law is both an asset and a liability – a hedge against risk, and a source of risk, simultaneously.”
― Hendrith Vanlon Smith Jr.