MYTH #1: If I paid someone, then I own the IP   (This Is False!)

I'll be busting myths that even experienced entrepreneurs believe. Did you know that most IP rights are not transferred automatically, just because you pay someone to create it for your startup? At best, your company might have a limited, non-exclusive implied license, or worse. In fact, you could be sued for infringing the IP rights of the person you paid or someone that acquires the rights from them, even a competitor. Yikes! That's easy to fix up front, but can get expensive later, when your business takes off.

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