I've had a few friends say to me recently "Check out my Coach bag, it's totally fake!" I used to think, 'Wow, it really looks like the real deal...how can I get one?' But I have to tell you, the more I remain in this business and deal with the inventors, small business owners, and entrepreneurs who are trying to come up with the new ideas that make our lives easier, I feel a little bad that I once had that sentiment. Because the fact of the matter is, somewhere along the way, Coach entrusted a manufacturer with their design and it was stolen. Just like all the jeans, bags, watches, and other fakes we find out there, overseas, and on E-bay. People are stealing ideas, and what's worse is we are buying them without any twinge of guilt anymore.

I'm not here to point fingers....I'm guilty as well. But I am here to caution. If you are coming out with a new design or new invention, PROTECT yourself.

Please note, I am NOT a lawyer or patent specialist, but speak from experience dealing with buyers.

And here is what I've heard.

The first major mistake I'm hearing with new buyers is that in their eagerness to manufacture their product for less, they decide to go overseas. Just remember, the laws of the US sometimes don't hold merit in other countries and may NOT protect you.

Buyers should be familiar with what a Non-disclosure agreement is and how it can protect your information. This is the simplest way to start protecting yourself. Patents are another way....

Do your DUE DILIGENCE on all suppliers who are viewing your information....do this BEFORE they view your documents. Find out who they are doing business with, how long they have been in business, do a credit check, etc.

Feel free to add to this blog about great websites to reference on how to protect yourself. I would like to know more myself.