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The Mike Dillard Show

Dealing With Lawsuits and Legal Compliance with Peter Hoppenfeld.

The Mike Dillard Show

Mike Dillard

Education, Entrepreneurship, Business, Self-improvement

4.8583 Ratings

🗓️ 18 September 2019

⏱️ 49 minutes

🧾️ Download transcript

Summary

Today we’re going to talk about one of the most difficult topics when it comes to life and business…

Having to sue someone, and getting sued.

When I was young and naive’ one of my goals in life was to literally never have to deal with their of those situations.

Well, guess what? Within the next few years, I found myself having to sue two different people for the first time in my life.

Unfortunately, both of them had mental health problems. Their actions were unreasonable, their motives were to intentionally cause myself and my business harm, and they had no desire to find an actual remedy to the situation.

They were not healthy people. They wanted conflict and that was their goal.

So I called up some of my older and wiser mentors at the time, and they all said the same thing… Don’t pursue a lawsuit unless you absolutely must, but if you must, then go all in.

So that’s what I did… It took almost a year in one case, and several years in the next, but I eventually won both cases.

So why am I bringing all of this up?

Because my goal of going through life without ever getting involved in a lawsuit, while putting myself in front of millions of people was naive.

As someone who conducts business with other people and companies, you are going to run into conflict, and you are going to run into mentally unstable people no matter how well you run your business.

It is an unfortunate part of life, so my goal today is to simply prepare you for that day which can be one of the most difficult experiences you’ll ever have.

To help me do that, we’re joined by the attorney who helped me handle those cases, Mr. Peter Hoppenfeld.

Today Peter’s going to make sure you have your legal basics in place and covered, and to give you some sound advice when it comes to doing business in a litigious world.

Resources:

PeterHoppenfeld.com

Music:

Track: Domastic & Anna Yvette - Echoes [NCS Release]
Music provided by NoCopyrightSounds.
Free Download / Stream: ncs.io/EchoesD

 

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the Mike Dillard podcast where we help entrepreneurs like you get the knowledge and skills that you need to bring your dreams to life.

0:12.4

Well, gang, today we're going to talk about one of the most difficult topics when it comes to life and to business, which is having to sue someone or getting sued.

0:20.5

So when I was young and frankly naive,

0:22.9

one of my goals in life was to literally never have to deal with either of those situations.

0:28.7

And guess what? Within the next year or two, I found myself having to sue two different people

0:33.9

for the very first time in my life. Unfortunately, both of them had mental health

0:40.1

problems. Their actions were unreasonable. Their motives were to intentionally cause myself and my

0:46.8

business harm, and they had no desire whatsoever to find an actual remedy to the situation.

0:53.4

They were not healthy people. They wanted conflict,

0:55.8

and that was their goal. So I called up some of my older and wiser mentors at the time, and they all

1:00.5

said the same thing. Do not pursue a lawsuit unless you absolutely must, but if you must,

1:07.0

go all in and win. So that's what I did. It took almost a year in one case and several years in the

1:13.0

next, but I eventually won both cases. So why am I bringing all of this up? Well, because my goal of

1:19.6

going through life without ever getting involved in a lawsuit, while also putting myself in front

1:24.1

of millions of people, was once again naive. It was silly. As someone who conducts

1:30.0

business with other people and companies, you are going to have conflicts and you are going to

1:35.2

run into mentally unstable people no matter how well you run your life or your business. It's

1:40.9

an unfortunate part of the world these days. So my goal for you is to simply

1:45.7

prepare you for the day in which this will probably happen and it will end up being one of the

1:50.8

most difficult experiences that you will ever have. At least your first go-round after you've

1:56.0

gone through it once, you realize that you're not going to die, that the world is not going to end,

2:00.3

and it becomes a little less shocking to die, that the world is not going to end, and it becomes a

...

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