Andrei Mincov's Trademark Factory Update - October 2017

Andrei Mincov - Founder & CEO

Trademark Factory®

news@trademarkfactory.ca
778.869.7281
https://trademarkfactory.com

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Lisa Sasevich: Choose Your Regrets

 

Early this month, I shared the stage with Lisa Sasevich at her 3-day Monetize Your Mission™ event.

This event was definitely one of the brightest highlights of the year for me, for several reasons.

First of all, I wasn't the only one who represented Trademark Factory® at the event.

I was helped by my 11-year-old daughter Masha.

That's the beauty of homeschooling: she could just come to Las Vegas with me and be surrounded by hundreds of mega-successful people and learn from them.

To see her absorb all that wisdom was priceless.

To see her interact with people was absolutely amazing. She even made a couple of sales for Trademark Factory®!

As an aside, I get a kick out of naysayers whose main argument against homeschooling is that homeschooled children don't "socialize" enough. My take on that? Socializing is not about placing children in a totally artificial environment where the only thing common among kids is their age and locality. Socializing is not about having to go through an adult to resolve all your disputes and grievances with other kids. Socializing is about being able to enjoy the company of other people and about having intelligent conversations with them. From this perspective, I wish I was as "sociable" as Masha is!

On top of it all, of course, was that it was the first time Masha and I spent so much one-on-one time together. It was great!

The other thing great about the event is what I learned there. You see, even when I am one of the speakers at an event, I always try to learn something new from successful people in different industries. 

I got two main points from Lisa.

A part of her seminar was about understanding your customers' motivation. Money, of course, is an easy one. She said, "If you think the only thing driving people is money, think about all your prospects and customers who have been trying to build something successful for months—even years—without making any serious money! Why do they keep doing what they do?"

This made me go, "Hmmmmm, I never thought about it this way!.." And then it became clear that for most of our prospects and clients the motivation is the desire to create a legacy. To build something that will transcend them personally. To leave a trace. 

That's really what brands are for and that's why it's so important to protect them. By trademarking your brand, you're not really protecting the name or the logo. You're protecting your legacy. 

The second nugget I got out of Lisa's seminar is her idea of choosing one's regrets. Human life is all about making choices. Even not making a choice is a choice. And every time you say yes to one option, you are saying no to some other options. When it's difficult to make a choice as to which is a better option, think about it from the perspective of which will you regret more.

When it comes to trademarking, the choices basically are, what will you regret more: investing in protecting a brand that doesn't get as big as you'd hope OR losing your brand because you chose not to protect it while it was still possible. As Lisa says, choose your regrets!

Finally, I want to share with you the video of me on Lisa Sasevich's stage and also another video I shot after the event: Trademarking Strategies For Life And Business Coaches.

I hope you find this helpful!



Trademark FAQ

 

Twice a week, I'm posting my short, specific, no-B.S. answers to commonly asked questions about trademarks

Do any of these apply to you?

Trademarking Strategies For Life And Business Coaches

How To Trademark a Name and Logo | Trademark In Canada And USA

Canadian Trademark Law Amendments 2017

What does using a trademark mean?

How Do I Choose a Great Brand for my Business, Product, or Service ?

What Is Weekly Confusion Watch Service?

Supplemental register

What Are Ornamental Trademarks?

What Happens If I Don't Renew My Trademark In Time?

What Does Confusingly Similar Mean?

What Is a Trademark Assignment Agreement Title?

What Does Date of First Use Mean?

What Is a License Agreement?

Why is search so important?

What Are Incontestable Trademarks?

Asian Domain Name Scam

What Are Two Biggest Branding Mistakes?

Are Dead Trademarks a Problem?

What Is The Difference Between a TM and an R in a Circle Symbols?

What Are Generic, Descriptive, Suggestive, Arbitrary, and Fanciful Trademarks?

What Is UDRP Uniform Domain Name Resolution Policy?

How Do I Trademark Product Names?

When Am I Allowed to Put TM Next To My Brand?

How Do I Trademark Service Names?

What Are Word Marks, Design Marks, and Combined Marks?

What Should I Know About Trademarking Slogans and Taglines?

Should I Trademark My Name Or My Logo ?

Adding Elements to My Trademark to Overcome Confusion or Descriptivness

Are Famous Trademarks Treated Differently From Regular Trademarks

Received an Invoice For International Publication of Trademark

If you caught someone infringing on your trademark

Do Trademarks Protect Their Foreign Equivalents?

What Should I Do If Somebody Accuses Me of Infringing Their Trademark?

What Is An Acceptable Specimen of Use?

What Are Generic, Descriptive, Suggestive, Arbitrary, and Fanciful Trademarks?

What Is UDRP Uniform Domain Name Resolution Policy?

How Do I Trademark Product Names? 

When Am I Allowed to Put TM Next To My Brand?

How Do I Trademark Service Names?

What Are Word Marks, Design Marks, and Combined Marks ?

Should I Claim Color as a Feature of My Trademark ?

What Is the Difference Between Trademarks and Patents?

How Should I List Products and Services in My Trademark Application?

What Is the Difference Between Trademarks and Copyright?

When Should I Trademark My Logo?

What Are the Two Main Reasons My Trademark Application Can Be Rejected?

What Is the Trademarking Process?

Can I mention someone else's trademark on my website?

When Should I Trademark My Brand?

Why is Google the Textbook Example of What Not to Do with Your Trademark?

You Received an Office Action  Now What ?

How Long Is a Trademark Registration Good For?

Trademarks vs. Trade Names

Look-alike and sound-alike trademarks

Will the Trademark Examiner Check Other Applied For Trademarks ?

Trademarking Words in a Fancy Font ?

Will the Trademark Examiner Check Unregistered Trademarks?

You Received an Office Action Now What ?

Can You Trademark Book Titles? 

Andrei Mincov's story

Is registering a .COM domain name enough to secure trademark rights?

Why Is It Important to Preserve Evidence of Use of My Trademarks? 

Do I need an agreement with my logo designer?

What is Madrid Protocol?

Trademark Factory All-Inclusive package

Trademark Factory Ultimate package

What Are Official Marks in Canada?

Trademark Factory I Feel Lucky package

How Will a Trademark Examiner Examine My Trademark Application?

Does My Trademark Need to Match My Company Name?

What Is a Trademark?

Can I Add More Products and Services to My Trademark Application After It's Been Filed?

Where Should I Register My Trademarks? (Deciding on Jurisdictions in Which to File Trademarks)

What Is Conventional Priority?

Can I Change the Trademark Itself After My Trademark Application has been Filed?

How Long Does It Take to Register a Trademark?

Can I Trademark Dictionary Words?

Can I Trademark the Same Brand for Different Products or Services?

Do All Countries Protect Unregistered Trademarks? (Common-Law Trademarks)

Can I Trademark a Brand Before It's Launched? (Intent-to-Use Trademarks)

Is My Trademark Available?

Should I Trademark My Startup's Brand?

In Whose Name Should I Apply For My Trademark?

Will the Trademarks Office Help Me Enforce My Trademarks?

Should I Trademark a Logo Done On Fiverr?

How Much Does It Cost to Register a Trademark?

Should I Trademark My #Hashtags?

Are There Annual Trademark Maintenance Fees?

If I Register My Trademark, Does It Mean No One Can Use It?

Four Things Most Commonly Trademarked (The Trademark Dance)

How Does Trademark Factory's Guarantee Work?

What Are Nice Classes of Goods and Services?

Do I Have to be an American Resident to File in the U.S.?

How Are Service Marks Different From Trademarks?

What Are Oppositions?

3 Most Important Benefits of Registering Trademarks

Why Register a Trademark in Canada to Get a .CA Domain Name?

What is Post-Allowance Statement / Declaration of Use?

Am I Protected Between the Filing and the Registration of My Trademark?

What Is Post-Registration Statement of Use?

How to use trademarks to create a sense of uniqueness for your business?

What Goes Into a Trademark Application? 

What happens if you don't respond to correspondence from Trademarks Office in time?

What Makes a Brand Valuable? 

New & Improved "I Feel Lucky" Package



Scared?

 

Even though they weren't interested in carving pumpkins this year, they've been waiting for this day for months!

They've gone through multiple costume options—until they found the perfect ones. 

Presenting: Patricia, Masha, and David Mincov, all ready for Halloween tonight...

Trick or Treat!



Interviewed by Huffington Post

 

In my recent interview for Huffington Post, I shared some things I've never shared before.

I thought you may find it interesting:

5 Things I Wish I Knew Before Becoming CEO: Andrei Mincov, CEO of Trademark Factory

You may also watch the video that accompanied the interview: https://youtu.be/C1TQQM4Sdgw

Let me know what you think!



Our Best Month Ever!

 

October 2017 marks a very important milestone for Trademark Factory®: it was our first 6-figure month.

It brings me back to when I was just starting out.

At that point, it was a one-man show, with no money left in the bank and no clients.

After I attended a dozen seminars about building a business and read Michael Gerber's "E-Myth," I realized I had a business to build, not just legal wisdom to sell in 6-minute increments.

That led me to setting a goal that I knew I couldn't accomplish on my own, by selling my own time through "billable hours."

That goal was $50,000 a month. It looked out-of-this-world unreal!

Back then, I didn't have the courage to charge $500 an hour (as I do now) and I didn't believe I could attract enough clients to generate 200 billable hours a month! At that time, a $10,000 month seemed like a dream!

The goal I set in front of me made me think of people whose help I'd hire and of systems I'd build to grow this business beyond just me being an intellectual property lawyer.

It is what allowed me to come up with the idea of Trademark Factory®.

Yes, we're still a relatively small business.

We've still got a lot of growth ahead of us.

But today, we're celebrating!



Trademark Screw-Ups of the Month

 

Velcro’s video takes trademark protection to a catchy new level Hilariously brilliant song that explains the dangers of your brand becoming generic. With the example of Google having to defend its brand in the U.S., many other businesses now realize that they have allowed their brands to be used in a generic sense, which is usually the end of your monopoly over your brand. Watch the video, learn, and get some laughs!

Parrot food manufacturer squawks over trademark infringement If your trademark is borderline descriptive, you will have a hard time enforcing it against your competitors who might choose to use what you consider your own brand in a descriptive fashion. FruitBlend is a good example of this situation.

Celebrity chef Jamie Oliver in hot water over gluten-free food label Certification marks give you a lot of power in forcing those who may want to use them to play by your rules. As explained in the article, Gluten Intolerance Group of North America (GIG) is not suing Oliver because his gluten-free recipes may or may not contain gluten. They are suing him because his using their (GF) logo without their certification.

Netflix and Escobar Family in Bitter Trademark Dispute Over 'Narcos' This is an absolutely fascinating story on so many levels. Without retelling what the dispute is about, it demonstrates the importance of having valid specimens of use when you claim past use of the mark. Claiming use of the mark in connection with "operating a website" and "game services provided online from a computer network" all the way back in 1986 is a lot more serious than it seems. It may sound funny, but in actuality, it means that the the trademark applicant knowingly provided false information, which may lead to invalidation of the application. Unfortunately, trademark owners are sometimes tempted to fabricate evidence of first use. And while these untruths may go unnoticed by the Trademarks Office, the danger is that any attempt to actually enforce the trademark may lead to its invalidation by the defendant.

Take-Two Interactive to seek Red Dead Online domain name ownership claiming trademark infringement When you own a trademark, forcing a transfer of a hijacked domain name that is clearly based on your trademark is usually a simple formality. In many cases, you won't need to go to court or even initiate a Uniform Domain Name Resolution Policy (UDRP) dispute. A demand letter is often all you need.

Yoko Ono sues John Lemon lemonade in trademark row over Beatles legend John Lennon's name Another one of those "What were they thinking?!" moments. Indeed, this is pretty clever. And could be great marketing. But if you base your branding and your marketing campaign on parodying someone with very, very deep pockets, be prepared to find yourself on the receiving end of their legal wrath.

Rubik's Brand launches US trademark fight This case is a perfect demonstration of the differences between patents and trademarks. Patents protect the underlying idea behind the invention, while trademarks protect that which allows customers to tell products of one company from identical or similar products of everyone else. Trademarks can last forever, while patents are very short-lived. That's why every IP owner who can use trademarks to preserve their monopoly tries to get trademark protection for their IP. Courts in many cases will, however, state that what the IP owners are trying to secure should actually be protected through a patent, which, by that time, has long expired. Rubik's cube trademark is not about what the toy does and how its sides rotate—that is strictly the realm of patents. They are claiming trademark protection over color combinations. Their position is that the same principle can be used by other toy manufacturers, but there is no reason for them to use the same color combination that is unique to Rubik's cube. Different jurisdictions have decided this case differently. We're about to see what decision the U.S. courts will reach.

Gorilla Glue adhesives company reaches settlement with cannabis business So basically, under the settlement, the marijuana brand will gradually transition away from using the brand of the glue. My assumption is that they decided not to drag the case through the court system because it would have cost both parties significantly more than what they will lose as a result of the settlement. Too bad. It would have been interesting to see how broadly the glue company's trademark would extend.

Levi's Does Not Want Other Brands Using Tabs on Their Pants This is fascinating. I remember my school days in Russia in the late 1980s, and Levi's jeans were all the rage! Everyone was dreaming of getting not just any Levi's jeans. Everyone was dreaming of getting a pair of authentic Levi's jeans. And the red tab at the back pocket was one of the most valuable attributes to prove to the rest of the school that you're megacool. What's interesting though is that having started to place the tab in their jeans back in 1936, it took Levi's 81 years to realize they wanted to stop other jeans manufacturers from placing tags at the side of a back pocket? For 81 years it was OK, and now it's not? It would be interesting to see if this case ever gets to trial.

Is Uggs a Generic Name or Not? While it blows my mind how a footwear item so unattractive ever managed to become so popular, the question here is not whether you like Uggs' fashion statement. It's whether the name "Uggs" is a valid trademark or, alternatively, if it's a generic name for every foot fetishist's worst nightmare. As we have seen with many examples, Google being the biggest and the most recent one, the more ubiquitous the name, the higher the risk of the brand losing its ability to function as a brand and becoming a common term for any product or service of a particular kind. In this case, the question is, when someone refers to these hideous sheepskin boots as uggs when they are NOT released under the UGGS brand, is it a trademark infringement or is it simply calling a thing for what it is, like calling a pencil a "pencil"? We will soon find out...



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