Former Senior Advisor to the Under Secretary of Commerce, Mike Razavi, breaks down patents, trademarks, copyrights, and why IP matters for your wallet—and America’s security. This is your clear, real-world guide to protecting ideas and turning innovation into income.Learn More about Mike Razavi and his company IP Consulting Group: www.ipconsultinggroups.comBook a farm-fresh second opinion with Eric Kearney and Retirement Wealth Advisors to build a plan that protects your wealth—and your intellectual property roadmap.On today’s Farm Truck Financial, Eric Kearney sits down with intellectual property expert Mike Razavi (former Senior Advisor to the Under Secretary of Commerce) to demystify patents, trademarks, copyrights, and trade secrets. You’ll learn what IP actually is, how long protection lasts, why patents can be worth billions, and how AI is accelerating filings and reshaping review at the patent office. We also connect the dots between IP strategy, business value, and national security, including why certain patents are kept out of the public eye.What you’ll learn:The difference between trademarks, copyrights, patents, and trade secretsWhy patents matter for entrepreneurs, retirees with side businesses, and investorsHow licensing works (and typical royalty ranges)Historic IP milestones (first U.S. patent to 10,000,000+)How AI is driving a surge in applications—and how examiners may use AIWhy IP affects GDP and America’s competitive edgeIf this conversation sparks questions about your retirement plan, business, or how to align your IP strategy with your financial plan, connect with Eric Kearney and the Retirement Wealth Advisors team for a personalized review.