When it comes to physical products, everyone talks about patents. And today we’re going to cover the Number One question regarding patents and trademarks, as well as basic patent terms and lingo, what protection patents actually provide, and how you go about applying for one. I am not an authority on patents or trademarks, so my goal here is just to help you out with the basics and share my experience with you so that you have a good initial understanding of patents and the process. That said, I end the episode by sharing exactly how much the patent and trademark cost me, and how long they each took to be issued.

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