Be Capable
Kevin Fream
America's Cyberist Helping Financial & Professional Services Avoid Loss, Improve Business, and Eliminate Doubt
T - Minus 91 Days
Yesterday another trademark was renewed and several Risk Exams scheduled before year end.
All of the magnates of the technology industry made their money on intellectual property and not product.
When Bill Gates developed DOS for IBM, he had his lawyers create an agreement that he tore up and then created the first licensing agreement.
For a nominal cost per machine IBM rented the software and Microsoft owned the rights. Microsoft took this same approach with every product and still dominates the industry today.
Intangible assets offer unique value that don't depreciate and may earn royalties with tax advantages in perpetuity.
I've written every type of software and implemented solutions for the largest companies in the world, but I've also always known that combining business expertise is the secret to extreme capability.
Daily Mission:?Write your own short story of your capability.
For more thought leadership, follow?Kevin Fream.