But it can be very important in most other contexts, as, for example, the value of a literary work may have greatly increased since the transfer of rights. It may be, as described above, that the only option available is the transfer of rights route. But, more so than anything, it is important that you understand the risks and rewards of both. To fully appreciate these factors, you should consult a competent intellectual property attorney. For, as a wise man once said, Success brings money, and money changes everything.
Friends become competitors and goodwill goes out the door.
That wise man was my father. And he is almost single-handedly responsible for my success. He taught me early and often to focus on the little things because they are the foundation for the big things. The profound nature of his advice hit me hard a few years ago when I came to know an incredibly talented author who was within a week of being homeless. I never worried about the little business things, he told me.