Lesson 7: About Copyrights, NDAs and Protecting Your Ideas
Let's go.
#MentorDiaries
God, I wanted to hit somebody.
But wait, let's go back to the genesis.
At a point I didn't want to do the live events anymore...
My two partners agreed it was a great idea. So I spent the next one month...
Shortly afterwards, our non ratified, non registered...
Imagine my shock then, when that morning I bought a copy of Success Digest, and in there was a full page advert advertising the same CDs I had laboured for nearly one month creating.
The feeling...
The paper the advert was published in was my mentor's paper. The manager was his employee. He responded by telling me he forwarded my email to my mentor and shortly I received a call asking me to come see him.
My mentor looked at me and smiled, then got serious.
Here's the conversion that followed.
Dr. Ojeagbase: Ronalddiii!
Dr. Ojeagbase: This partnership you talked about, is it registered?
Ronald: No Sir (Now I knew I was in trouble with that answer)
Dr. Ojeagbase: Where was this video created?
Ronald: In his office.
Dr. Ojeagbase: His office! How can you prove you created...
Ronald: Sir, (Partner 3) can vouch for this, and his (offending partner) employees know I created it for our venture.
Dr. Ojeagbase: Ronalddiii!!!! Can you say categorically his employees will testify on your behalf?
Ronald: (SILENCE)
Ronald: Into his business account Sir.
Dr. Ojeagbase: Ronald, I am not saying you are not saying the truth, matter of fact, I believe you. However, the fact of the matter is...
1. Your partnership is NOT registered.
2. The DVDs were created in his premises, so he can claim it as his.
3. You cannot get anyone else to testify aside Partner 3. he can get more than 1 person.
4. Previous sales were paid into his bank account!
But here's what I will do."
So he...
He said:
Dr. Ojeagbase: Ronald, simply take his offer, , and learn your lesson.
If you want to be a great business person, you must learn how to cover your flanks...
Later on I met with Dr. Ibrahim Jimoh (via my mentor) and asked him this question. He told me a story echoing the same thing (I'll tell that story another day).
That day though I learned a great lesson: The law doesnt care about your feelings.
Peace 👍🏾