Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit
Share on telegram
Share on email

How Entrepreneurs Can Protect Their Secret Sauce

How Entrepreneurs Can Protect Their Secret Sauce (1)

As an entrepreneur, protecting your secrets is what will keep your company alive. By keeping your confidential information as safe as possible, you will be able to ensure the longevity of your business. However, in a world of instant information and Internet hacks, protecting your secret sauce may be harder than ever. But there are a few easy steps you can take to keep your business processes secure.

 

Keeping it Confidential

Keeping your secrets to yourself is simple enough, but running a business without giving away important information is impossible. The key to ensuring your information’s security comes with knowing who to trust and understanding how to protect it. Read on to find out how to make your secrets safer.

 

Patent Protection

Image Credit: Traskbritt Patent Attorneys

Companies that manufacture and sell their own products are excellent candidates for patents. You can likely invest more time in designing, producing, and marketing your product when you know that your secrets are patent protected.

If your company is licensing your product to another business, the patent is a valuable asset when negotiating terms. Additionally, having a patent for your product will let others know it’s not a copy of someone else’s idea.

 

Lock Up Physical Documents

The easiest way for people to get a hold of sensitive information is through physical paperwork. Whether you improperly disposed of your documents or you left confidential papers lying around, anyone can easily access your physical documents if you haven’t taken measures to protect them.

An easy way to keep your paperwork safe is by simply locking physical copies of your documents in a filing cabinet, lockbox, or safe. Alternatively, you can prevent the theft of any physical documents by keeping all your sensitive information on the computer.

 

Protect with Passwords

It doesn’t take a genius to understand the importance of a password for anything that may contain confidential information. This means that everything from your phone and laptop to your wifi and office should be protected– either with a password or through other methods of identity authorization.

Image Credit: Tudor Reilly

Similarly, when taking measures to protect your digital information, it is important to put safeguards in place to prevent anyone from hacking into your system. Invest in protective software that will allow you to keep all of your data as safe as possible.

 

Taking specific steps to keep your information safe is the best way to secure your company’s future. By making sure your confidential documents are protected, keeping your electronic devices locked, and patenting your ideas, your intellectual property will remain safe.

Get on the IInside
Receive our latest content, strategies, secrets, tips and product updates sent straight to your inbox
Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest

Bryan McNeil-Walker

Bryan "Don Suave '" McNeil-Walker is a marketing strategist and music producer. Through his digital marketing agency Alavon365, Bryan has generated over a million dollars in revenue for his small business clients. Coming from a musical family, (his father was lead saxophone player for Rock and Roll pioneer Little Richard) Bryan has always had a rare talent for making music. Along his journey he found that artists like him who have a disdain for the music industry have to master marketing as a necessity. His passion has lead to falling in love with marketing and coming up with the S.A.M. Method; a digital marketing framework that any creative entrepreneur or business owner can use to grow their business. Bryan is also co-founder of Uncord Technologies which has built an order ahead app for food trucks.