Four legal issues in your crowdfunding campaign.

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You are a creative entrepreneur with a massive vision expanding every day. Some of your friends have run successful crowdfunding campaigns for their businesses and you’ve wondered if you should do the same. Before President Obama signed the JOBS Act in 2012, you could only give your crowdfunded investors (or backers) rewards. You know? A signed t-shirt. An autographed print. Limited edition tote bag. Now, with the JOBS Act, Title III equity crowdfunding rules approved by the Securities and Exchange



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[#PrinceTaughtUs] Legal lessons we can learn from Prince about creative entrepreneurship

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Prince was no stranger to legal matters and doing what was necessary to protect his intellectual property ownership. In 1993, we saw him change his name from Prince to The Artist Formerly Known As… in order to get out of a contract with Warner Brothers. Then, there was the 2008 Coachella débâcle where he sent similar takedown notices to YouTube demanding removal of his performance of Radiohead’s song “Creep.” In 2013, we saw him send DMCA takedown notices to Vine for six



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[Creative Entrepreneurs] Why I care about you so much + how I landed here.

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photo by Ten LaShon “Maybe creative entrepreneurs wouldn’t have to always work so hard because one day, their intellectual property would start to work for them.” -Patrice One of the questions I’m asked most often when people find out what I do is “How did you get here?” Initially, it seemed as if a random lightbulb moment landed me here (as an attorney for creative entrepreneurs) but that’s not the case at all. My ultimate decision to dedicate my life’s work



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[Building a Brand] The #GIRLBOSS Intellectual Property Strategy

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Just ten years after the launch of an e-bay store with a highly curated selection of vintage threads, Sophia Amoruso has turned both Nasty Gal and #GIRLBOSS into a serious creative empire. I’ve been watching the evolution of her company and brand for quite some time now. When I learned the latest news — that we’ll soon see a #GIRLBOSS original series on Netflix — I had to write about the intellectual property strategy behind the brand. I think her story showcases an



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Why you should hire a Trademark Attorney + the real cost of DIYing your trademark.

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You probably read the title:  Why You Should Hire a Trademark Attorney + The Real Cost of DIYing Your Trademark and wanted to click that little x, close out and read some feel-good story of the day. But, stick with me and I guarantee you’ll appreciate the raw honesty. If you’ve been reading my blog for a while, you probably understand just how important it is that you own the trademarks for your brand. You may be toying with the idea



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How to Stop Being a Starving Artist in 2016.

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Typically, when we hear the phrase, “starving artist” we think of an artist in the traditional sense — visual artists, poets, writers, right? But, when I talk about the starving artist mentality I am referring to it in a broader sense as it applies to entrepreneurs of all disciplines. How many times have you: Charged less than your product or service was actually worth because you were too scared to charge more? Held on to a client or customer longer than



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My top six resources for overcoming fear and doubt as a creative entrepreneur.

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Being a creative entrepreneur is not about being “fearless” but it’s about pushing through fear even when you want to run. The ability to keep trudging along during tough times is what separates those who “make” it from those who do not. Not magic. Not favor. Sticktoiveness. I wrote this post for the creative geniuses who are launching a business while working. Is that you (if so, you should check out my strategic planning system The Quit Kit)? I know



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The three huge lessons The E-Myth Revisited taught me about starting a business.

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I never win anything (seriously). But, there was this one time when I was the lucky recipient of a free copy of Michael Gerber’s book The E-Myth Revisited: Why Most Small Businesses Fail. If I could rewind the clock and start my business over I would have done so — armed with this book. The E-Myth Revisited is a must-read for any new business owner. If you’re launching a business while working you’re probably focused on how you’re going to get



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What are the most important investments you can make when launching a business while working (and a behind the scenes look at my business)?

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If you’re launching a business, no one can give you an exact list of every area you should invest in as you are launching your new business. These decisions must be aligned with your specific business goals. I think the most important investments you can make are when: You don’t have the skills to do something on your own. You don’t have the time to do something on my own (if your launching a business while working your time is a



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What key things do you need to know about Limited Liability Companies?

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If you’re launching a business while working, you need to set up a formal business structure after consulting with an attorney, of course). I’ve explained the number one reason why you must take that step here. Owning a business isn’t just about setting up any business structure at random. There is no one-sized fits all approach to this decision. What’s best for your entrepreneur friends may not be what’s best for you. Start educating yourself on the differences between the various business



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