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Consulting Tip #7: Beware of Other People Using Your Intellectual Property for Their Exposure

Johanna Rothman

No payment for my time or my IP (Intellectual Property). They wanted my intellectual property for their exposure. For example, I'm doing a webinar on November 30 where the value is primarily promotion for my new book. Even though their offer will cost the consultant time, money, and intellectual property.

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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

For example, “My rate ranges from $185 to $225 an hour depending on the scope, duration, and complexity of the work.” For example, shift from an hourly rate to a fixed fee so you’re compensated for your intellectual property. Second, quoting a range instead of one rate leaves room for negotiation that you’ve planned for.

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Ready to Create Your Intellectual Property?

Chad Barr

Creating intellectual property is truly easier than most think. The top three ways of resolving this challenge supported with examples. The post Ready to Create Your Intellectual Property? The action you want them to take right away. That’s it. No need to complicate it. © Chad Barr 2012. © Chad Barr 2012.

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An Insight into Special Services: Transfer Pricing

Tom Spencer

A showcase example are royalties paid for patents and other intellectual property. Most of Apple’s intellectual property and patents are owned by a subsidiary located in Ireland, where the corporate tax rate is only 12.5%. Multinational corporations like to take advantage of any ambiguity.

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Time for Instantiation

Chad Barr

Yet, one of the key challenges they face and struggle with is how to take their ideas, experiences and wisdom, stored in their heads, and convert them into their intellectual property that manifests itself it in a variety of media formats. I work with some of the smartest individuals in the world.

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Use Work Samples to Seal the Deal

Successful Independent Consulting

For example, a PowerPoint deck, a sample work plan, a graphical timeline, an assessment summary, project communications, work instructions, project branding and logos, a coaching plan, etc. Avoid leaving them with the client because it’s your intellectual property. I can’t think of a time when this tactic didn’t work.

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How to Get an Economic Consulting Job

Tom Spencer

For example, if you have 4 interviews for the final round at Cornerstone, you should be prepared to talk about 4 different research projects. In preparing for your economic consulting case interview, the best practice is to look at examples provided on the company’s website.