Don’t laugh. Many businesses began from nothing more an idea, and those melodies you have rolling around in your head just might be as good as any other ideas. When you write down or record your new song, you are essentially starting to own your own music business. Your idea has become a piece of intellectual property, as real and potentially as valuable as any physical property you own. Most businesses have at their heart some piece of intellectual property.
This used to be a known fact in the popular consciousness — check out a few Perry Mason reruns and you’ll see that “trade secrets” and “patents” were important enough to be motives for murder. With the coarsening of the public perception — all crimes and all plots on daily television seem to revolve around merely passion or pathology — we have lost the sense of the power of ideas. Continue reading →
