Positioning Your Business for the Future with IP and AI ft. Paige Hulse

I sat down with Paige Hulse of Paige Hulse Law, PLLC, to discuss intellectual property as it relates to AI and business succession planning. If you are a leader, who wants to better position your business for the future, this episode is for you. Paige Hulse is an intellectual property attorney, business strategist, and serial entrepreneur. Since forming her own law firm in 2017, Paige has built 5 additional companies. As an entrepreneur herself, she finds the deepest fulfillment in practicing law as an advocate for fellow entrepreneurs. In addition to assisting clients with the creation and protection of their intellectual property, she focuses a majority of her work as an outside general counsel. In this role, she assists businesses in implementing intellectual property strategies for legacy-building succession plans. KEY MOMENTS 00:00 Introduction and Background 01:28 The Role of Intellectual Property in Business Succession Planning 05:38 Identifying IP Assets 08:55 Importance of Securing IP 12:54 Positioning Your Business for Future Opportunities 17:41 The Dangers of 50/50 Partnerships 25:47 Processes and Methodologies in Succession Planning 31:11 Social Media and Proprietary Information 36:42 Artificial Intelligence meets Copyright Laws and Trademark Laws 39:01 The Wild West of AI and Creator Responsibility 45:38 Transparency and Value Preservation through AI Disclaimers 53:50 Barriers to Switching Between AI Tools 55:30 Maintain Leverage in Your Business 01:01:16 Small Business and AI Responsibility Outside Intellectual Property Counsel Securing registration is the first step in your business’ ongoing intellectual property plan, but it’s just that- the first step in an ongoing plan. Maintaining those rights are as critical as obtaining those rights in the first place. Our OIPC option protects your time and peace of mind, along with your legacy and intellectual property. This has been a glaring need in the online business world. In the past 24 months, we’ve seen 60% drop in successful due diligence searches, a 40% rise in likelihood of confusion office actions, and at least 3x the amount of infringement disputes within our firm. In other words, the USPTO is quite literally running out of available trademarks, and businesses are collecting trademarks. We currently have three OIPC spots available for Q2. [learn more] --- Thank you for listening to this episode of Lead with Excellence! For additional resources, visit ⁠theceoffice.co⁠ Enjoy the podcast? Share it with a friend and/or leave a review sharing what you enjoyed most and why someone else should listen to it. Let’s go lead with excellence!