Protecting Your #1 Asset : Creating Fortunes from Your Ideas : An Intellectual Property Handbook (Rich Dad's Advisors),   ISBN:9780446678315

Customer Rating: 

I have a great idea but stopped reading this book because patent lays only protect things that are going to be actively produced and as I am not trying to actively produce my product idea yet I have no need to obtain a patent for my idea. This is a good book for business owners or future business owners who really want to safe guard there product in local and global markets.

Customer Rating: 

I read this book 3 yrs ago, and it helped to explain the different legal mechanisms available to protect a company and its products.

There's no single source of information nor one person (not even if you're willing to pay a lawyer) who will explain it all to you.

However, this book set me off in the right direction to thinking about the aspects of my products that I could patent, what I should trademark and what copyrights I had with my products.

At least, I was able to ask the right questions when I got around to consulting a lawyer. I think the lawyer also appreciated that he did not have to spend time and explain to me (what was obvious to him) the different strategies to protect intellectual property. I think this made him willing to help me with better advice.

Of course, I needed to learn more about drafting patents, and also the different geographic regions granting protection to different patents. I had to learn more about trademarks and the right strategy to registering trademarks in different regions. All this is important since they come with a cost, so you want to control your costs and budget for the time you incur those costs. But it does make a difference in the value, credibility and sustainability of your business.

Customer Rating: 

I wonder if the creators of that operating system had this book, would anyone know of Bill Gates or Microsoft; or if Xerox held its research and development of the paperless office, would the Information Technology field be totally different- yeah you know where I am going with this.

If you are a creative mind searching for a way to protect your hard work and development, GET THIS BOOK for it is a sound minded investment for your greatest assets: ideas that move the world and generate money.

This book explained all the types of Creative Assets Protection out there. Granted it does not read as the other Rich Dad books, not as personal, but its lessons and information are vital not only to understand various intellectual properties, but also to seeking the best legal representation in both the physical and cyberspace.

Customer Rating: 

I think I know how this book was written. A whole lot of cut and paste from U.S. Law code with some mediocre story telling sprinkled in. If you want to be technical and write in the language of professional law, fine. But this is not the series to do it in.

Customer Rating: 

Unlike the rest of the Rich Dad books that I've read -- which were for the most part fantastic -- this book was terrible. Michael Lechter may indeed be a very bright guy and a star in his field, but he is an absolutely horrendous writer. The intro by Robert Kiyosaki was the only really enjoyable part to the book. Lechter immediately jumped into complex explanations of the various types of IP protection available without really clarifying anything for the lay person like me. And no real life examples of anything -- just references to a couple hypothetical "horror stories" that he relays at the beginning of the book. The only reason I gave this book 2 stars and not 1 is because at the very least I was able to get some basic definitions of IP terms down. But I guess I could've gotten that from a dictionary too.