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The Economy of You by Kimberly Palmer

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CHAPTER

3

Banking on It

THE DAY AFTER EMILY BEACH, THE FIELD HOCKEY COACH FROM Chapter 2, stayed up late chiseling away at her rotating hockey stick concept, she refused to show it to anybody except her parents. In fact, she didn't let it leave her house. Instead of celebrating her invention, she focused on finding an intellectual property attorney who could make sure her work was protected.

The father of one of the girls on the team she coached at Georgetown arranged a call between Emily and a patent attorney, who first explained that filing for a patent would cost between $10,000 and $15,000. “At that point, I was like, ‘I can't do that,’” Emily says. Then the father, who was also on the call, stepped in, and asked if the attorney could cut ...

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