Wednesday, February 6, 2019

Protecting My Intellectual Property


Protecting My Intellectual Property

Ideas come in the form of a dime a dozen. What essentially matters is the execution and minimal time frame to get the application or product to the market first to seize a sizable amount of the market share. In regard to my business idea, the functionality of the software and what problem my application aims to solve is the primary focus. Although there are competitors, I believe the simplicity of connecting customers with freelance/professional photographers starts with the User Interface.
            In today’s modern age, the average human must instinctively know how to use an app without having to read a manual or go through documentation to understand the purpose of the application. Otherwise, they will simply delete the application or go to other means if it is too complicated. Although the software might start with connecting local photographers, the overall goal would be to connect other specialty jobs that facilitate Peer to Peer transaction, using my application as a third-party medium which provides reputation amongst clients and contractors.
            From my tech entrepreneurship class, a software patent seems to be a very expensive and non-necessary tools to protect my application. What would help would be meticulous documentation of the application creation process and possibly getting some trademark/copyright implemented. Another idea to protect myself from others stealing my idea would to simply keep the details to a minimum (trade secrets about implementation and market to dominate). Just how Uber and Airbnb seized the taxi and hotel business respectively, I hope to create an application that will allow users to become their own boss. I also hope to allow customers to connect with needed specialty people that can help solve their problems for a decent and reasonable price.
            Touching bases on all of the ways to protect my intellectual property, I even think of implementing a loyalty/rewards program dealing with customized tokens created by the Blockchain data structure which rewards early adopters be paid well early on. I hope that this will incentivize early adopters of the application, either customer/free-lance employers to use my application over others which will capture the majority of the market.

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