Dyson's Patent Protection Story - An Intellectual Property Lesson For Us All

by: Tim Bishop

Most people have heard of a Hoover, but almost as many have now heard of a Dyson, too, as the brand has become synonymous with innovation in vacuum cleaning, and in other household products, too.

Dyson's success - the company now has more than a third of the UK market for vacuum cleaners - has not been without conflict. One major factor in its advance has been make sure that its product innovations - in combination, the company's intellectual property - were carefully protected.

The story goes that James Dyson's inspiration for his cyclonic vacuum cleaner technology was the air extractor at a coating plant. And the initial frustration that had led him to seek inspiration, was the way that his regular vacuum cleaner became less efficient as its dust bag filled up.

Dyson had the good sense to consult an experienced intellectual property (or IP) lawyer who advised him to ensure his new technology was patented. And, thanks to that important step, he was in the ideal position to be able to defend himself against a much larger rival, when they developed a product that looked remarkably similar to his cyclone vacuum. That rival was Hoover, who Dyson took to court in 2000 to sue them for patent infringement. It is understood the successful claim meant around $5 million in damages - but more importantly, it stopped Hoover and others from copying the Dyson design and ensured his leading design had no clear rivals in the marketplace.

Hiring a specialist IP lawyer as Dyson did will make sure you are informed about the best way to protect your intellectual property, whether through use of a patent, or another route such as registering a trademark or a copyright. Early advice and action is vital; had Dyson waited until his first model was selling well, he could have laid himself open to having his proprietary design copied, without any legal protection or comeback against those benefiting from the sales of a product with a similar design.

With patents, the rules of patentability are specified by the law, with certain discoveries disallowed from the process. These exemptions include items already existing in nature, scientific theories, and some diagnostic methods. And to qualify, a new product must be capable of actual manufacture; and it has to be obviously new.

Taking advice on your intellectual property from an experienced, qualified IP Lawyer is hugely important when considering whether a patent is the best way forward for you, as well as when making sure that you have filed the documents properly and so afforded yourself the best commercial protection. Taking the right IP advice could mean your invention turns you into the next James Dyson!

For intellectual property advice you can trust, contact a specialist IP Lawyer (http://www.intellectual-property-lawyer.co.uk ) at Bonallack and Bishop. Tim Bishop is senior partner at the firm, responsible for all major strategic decisions. He has grown the firm by 1000% in 13 years and has plans for continued expansion.

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Choosing a Network Marketing Company

by: Troy Rocavert

Choosing a network marketing company can be a difficult task. There are Literally hundreds of network marketing business opportunities to decide from and you could spend hours, even months finding the best one. Many people who search for a network marketing business will not get past the first step as the amount of opportunities and misleading information presented on the Internet is confusing.

We support you to keep strong, go after your dreams and keep on your journey to finding a home business that is right for you. The optimum way to keep on-course is to read through this article and apply our simple six step process.

1. Where to start?

The Direct Selling Association (DSA) web site is a great place to start when choosing a network marketing company. The Direct Selling Association (DSA) is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. In fact, you will find 70 different categories of products and services, and over 200 different companies you can potentially choose a home based business from. These categories contain everything from financial services to Animal Care industries.

This means you automatically have a list of 200 companies and 70 different products and services that you could potentially partner your self with. You are not just limited to this list either. There are many more companies in network marketing who are not members of the DSA and there is a good reason for this. So we strongly recommend that you choose a company who is a DSA member for your own good.

2. What do you love to do?

One of most significant criteria when choosing a home based business opportunity is; will you love it? The most successful people in the world become successful because they really love what they do. Donald Trump, for example - property investor, over 60 years of age and still working, not because he needs to but because he loves to, there is a major difference.

Imagine a MLM business where you can wake up in the morning feeling energised and thrilled to go to work. Most people that are searching for a home based business do not enjoy their current employment, under paid or would prefer to be at home with their family. Whatever the reason, you must love what you do.

3. Look for a trend

In addition to working out what you love to do, you must look into the service or product the company has to offer and in particular the opportunity it has to grow. If you do some study into this topic you will find that one of the driving forces behind many of the economic trends over the past 60 years was directly related to the baby boomer’s spending. Why you may ask? Well, the baby boomer period accounts for one third of the world’s population and two thirds of the world’s spending. Leading economic forecasters have used these trends to predict where the baby boomers will next spend their dollars, namely Health and Wellness, and Financial Service industries.

4. Compensation Plan

What you need to look for is a lucrative Compensation Plan that allows anybody to succeed and succeed equally, not just those who are at the top. Personally we are big advocators of the Binary System, not because it is the most lucrative of compensation plans, but rather because it is the fairest compensation plan. If you been in the industry for numerous years and you are a power house, which only accounts for 1% of the network marketing population, then the Stair Step Breakaway plan will be the most lucrative for you, but for the rest of us regular people, we suggest that you stick to the binary system.

5. Choose a solid company

If you are going to put all your blood, sweat and tears into a MLM business, you want to choose a company that is going to be around for the long term. Research suggests that 90% of all MLM companies FAIL within their first 2 years, slightly stronger than a traditional small business where 80% will fail within their first year. There would be nothing worse than putting four or five years into a home business for it to fold, leaving you with no business and no residual income. So we strongly recommend you choose a MLM company that has been around longer than 5 years and is still growing.

6. The Product

There is two criteria that your product must meet, (1) your product must be consumable and (2) would you use it yourself? If the product meets these two requirements then the MLM Company receives a tick in this section.

Once you have finished this six step process, you will observe that you will be able to abolish 99% of the MLM companies and make your decision quite easy. But always remember, even the best MLM deal in the world will not make you wealthy without consistent hard work. We wish you all the best in your journey.

Troy Rocavert is the author and webmaster of http://www.network-marketing-business-school.com also, be sure to check out his http://www.network-marketing-business-school.com/network-marketing-blog.html blog.

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The Daegan Smith and Maximum Leverage Scam Exposed

by: Steve Hawk

Have you heard of this guy, Daegan Smith? He calls himself the King Of Never Having To Call A Single Lead.

Is Daegan Smith And Maximum Leverage A Scam?

After my research, I have to answer that question with a resounding "NO"! As with any internet marketing "Guru", you will see a ton of negative press. It's no different with Daegan Smith. I am not a member of his Inner Circle, but am investigating it for myself, so I thought I would provide you with a thorough and unbiased review of my findings regarding Daegan Smith and Maximum Leverage to determine if it's another internet scam or worth investing in.

What Is Maximum Leverage?

Daegan Smith's business is Maximum Leverage, an internet marketing training site for network marketers that he launched back in October 2009. His membership has been growing, with very few drop-outs, which is a positive sign.

He also shows a lot of video proof of his success, which indicates that he's being honest about his success. He's been an online marketer for 6 years and has made enough money working online to recently relocate to Maui from the Washington, DC area. I have to admit I'm jealous but being able to relocate to Maui is a good goal for the rest of us!

Maximum Leverage is all about teaching internet network marketers how to generate leads. Internet marketing is all about generating leads and there are many sites and systems that teach and help network marketers to do this.

What makes Maximum Leverage Different?

My answer to this question is Deagan's presentation style, which is very down to earth and easy to follow, along with his transparency with his business. I have attended a few webinars that he's put on for free and always walk away learning something new. Daegan opens up his business and shows attendees exactly how he generates leads (and he generates a lot of them!). This makes following along and understanding how to implement a new strategy very easy.

To find out more about Maximum Leverage, just click the link in my resource box.

Steve Hawk is a Network Marketing Leader, Success Coach and Entrepreneur. He specializes in Lead Generation and Business Building Strategies that help the network marketer with their online marketing efforts. He works to help build their global network marketing empire.

You can learn more about Steve at WhoIsSteveHawk. You can finish reading this article HERE

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Making Money In Ireland - Internet Marketing & Property With Conor McKeown!

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Some Tips When Purchasing Property On PEI

by: Vishal Dwivedi

PEI is a little island paradise situated off the Canadian east coast in an area known as the Maritimes. PEI has a year round population of approximately 140,000 people but as it is a vacation destination in the summer, this number greatly increases. PEI is characterized by green, rolling hills and pastures and has a very rural feel to it. Many people come to PEI in the summer and decide that they would like to purchase a summer home here, so that they can spend all their free-time on the island or they are looking for a permanent home so they can move here, as homes and property on PEI represent a much better value than other places. Seniors can sell a home in Toronto or other large metro area and free up valuable investment capital by purchasing on PEI. When purchasing your PEI real estate you should consider some of the following tips.

You should retain the services of a PEI real estate agent. Ensure that your agent is well versed in both the laws (as there are some special laws that apply to non-islanders buying land) and the actual area. Most real estate agents specialize in certain areas. You may find agents who specialize in a city, such as Summer side and are knowledgeable on the areas and properties there, while others may specialize in the Borden/Charlotte Shore area, or West Prince etc. Do not be afraid to ask your prospective real estate agent questions to ensure that he/she is knowledgeable in your area.

Before looking at properties it is a good idea to fix your budget. There are many online calculators that will take your household income and debts and work out your maximum monthly payment, the amount of principal that payment will service and with the addition of your down payment, give you a final budget. Of course you can and should go to your lending institution and they will be able to help you determine your budget. Remember that with tight credit and many lenders being very careful about their lending practices, you will have to have a down-payment, zero down is really not in most cases an option. If you are relocating and purchasing a primary home you will need a minimum of 5% down - if you are buying a second home it is likely that you will need 25% of the home value as your down-payment in order to qualify for your mortgage.

As I referred to earlier there are special regulations that apply to those who are from off-island and wish to purchase property on the island. The Island Regulatory & Appeals Commission (IRAC) governs the purchase of land by non-islanders. The Commission was setup to prevent large tracts of land being bought up by outsiders creating a monopoly on the land. There are regulations pertaining to how much land a non-resident can own and the amount of water-frontage. This is simply an extra process that non-residents must go through and usually is not a problem. However non-resident offers should add the proviso, subject to IRAC approval. There is a fee of $500 or 1% of the agreed value of the property.

When purchasing a home on PEI, as anywhere, one should have a PEI real estate inspector do a thorough assessment of the home to ensure that you are not buying a home with expensive problems lurking below the surface. Many island homes are quite old, some 100 years or more. Some older homes still have a clay basement. While there is nothing wrong with a clay basement, people unfamiliar with them can find it quite scary and opt to raise the home and pour a concrete foundation. The cost of this should be considered when comparing a home with clay foundations to one that has already been placed on concrete. Naturally you should consider the age and condition of the roof, furnace, electric service, etc

If you are purchasing vacant land, be sure that a Perk Test is done before closing. A percolation test determines the absorption rate of soil for a septic drain field. The results of a perk test are needed to design a septic system. Without an acceptable Perk Test you could not build on your property. In addition to a Perk test make sure that the property is not contaminated. You can check on the web as the government has recently posted properties considered contaminated.

With the exception of IRAC the process of purchasing land and home on PEI is not much different than anywhere else in Canada. So go ahead, its a great investment in quiet living and enjoyable family holidays

Vishal Dwivedi is a consultant for PEI real estate. You can get more information about PEI real estate at here http://www.homesforsalepei.com/

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