When time is of the essence and work needs to be executed, we often forego formalities and hop right into execution. Hiring a contractor or friend to help you with the work.

This was the case with my friend Pat (name changed) who paid a friend to build a proprietary software product for her company. A lot of problems came up in the process and the relationship was terminated. Pat wanted the IP to finish the product but there was no formal agreement in place and Pat did not own the IP.

Long story short, the relationship went south and it ended up in litigation. The end result was an additional 7 figure payout to obtain the rights to the code so the company could finish & release the product. A very costly encounter for Pat that would have been circumvented with a written agreement.

Today we discuss:

Challenge today?

Why is this important to the company?

Rick’s Nuggets

How do we solve the problem? 

Rick’s Nuggets

Key Takeaways that the Audience can plug into their business today!  -Value:

Guest Links:

LinkedIn: https://www.linkedin.com/in/millerip/

Company: https://milleripl.com/

LinkedIn: https://www.linkedin.com/company/miller-ip-law/

Host Links: 

LinkedIn: https://www.linkedin.com/in/rick-girard-07722/

Company: https://www.stridesearch.com/

Podcast: https://www.hirepowerradio.com

Authored:  "Healing Career Wounds"  https://amzn.to/3tGbtre

HireOS inquiry: [email protected]

Show Sponsor:

Criteria Corp: https://www.criteriacorp.com/