Episode 094: Protect Yo’self Before You Wreck Yo’self

The Mind Your Business Podcast

James Wedmore

Entrepreneur, Business, Businessmindset, Entrepreneurship, Entrepreneurialmindset, Management

4.8 • 1.8K Ratings

🗓️ 1 May 2017

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today I’m speaking with Annette Stepanian, a lawyer for entrepreneurs and creatives. The topics we’re talking about aren’t sexy or flashy, but they are absolutely essential for business owners to think about NOW, before something happens. This is about protecting you, and your business, and about how to be smart as you grow. Have no worries, Annette is breaking it all down on this episode of The Mind Your Business Podcast!

In this episode you’ll learn:

As business owners, we have a responsibility to proactive when it comes to legal issues
The first steps you should take (and some common mistakes made by entrepreneurs)
There are special considerations for online businesses versus brick and mortar ones
Your biggest asset is your content – protect it and don’t infringe on content belonging to others!
Which actions you can take if someone has stolen your intellectual property, and the mindset I have around this issue
Why a contract is a necessity, especially for entrepreneurs with service-based companies
Independent contractor or employee? Classifying wrong can be an expensive mistake…
The decision on becoming an LLC is a personal one that you don’t need to rush!

Transcript

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0:00.0	You're listening to the Mind Your Business Podcast, episode number 94.
0:07.0	Today we're talking all about how to protect yourself before you wreck yourself. Be foe, you wreck yourself.
0:14.0	Hi, I'm James Wedmore and I've built a multiple seven-figure internet business that offers
0:20.4	the financial freedom to do what I want when I want.
0:24.6	And I'm the first to say that hard work and hustle are not essential ingredients for your
0:29.9	success.
0:31.3	So how do you build a thriving business from the inside out?
0:35.0	Now with over 800,000 downloads, this is the Mind Your Business Podcast.
0:40.0	All right, hello, ladies and gentlemen, James Wedmore here and welcome to the Mind Your
0:46.5	Business Podcast. This is a very special edition because we're doing an interview and it's a good one. It's on a topic that I think is absolutely crucial
0:57.7	absolutely essential. It is important. It is imperative all those fancy words yet unfortunately it's not sexy it's not flashy
1:06.5	it's not that five-step three secret ninja strategy to ten x your growth kind of
1:12.1	of conversation.
1:13.4	But every entrepreneur and business owner needs to hear this.
1:16.2	This is about protecting you and protecting your business.
1:20.3	This is the legal conversation of how to be smart as you grow and who else to have a better conversation with
1:29.6	than with an actual lawyer and a business owner, right?
1:33.7	So you need to drop everything and listen to this.
1:36.9	This was a phenomenal interview, and the best part was
1:39.8	is it's not going to scare you, it's not going to freak you out, it's not going to overwhelm you or confuse you.
1:45.3	Annette Stuponion, our special guest, just breaks it all down for you,
1:49.4	makes it easy and digestible and fun and light and doable. And don't ignore this. and
	...

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