Flexing Legal Strength For Profits with Scott Smith

Entrepreneurs on Fire

John Lee Dumas

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4.8 • 4.1K Ratings

🗓️ 13 September 2018

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott is the founder and CEO of Royal Legal Solutions out of Austin, TX. He graduated from Albany Law School and began his career in high-stakes corporate litigation. As a real estate investor and asset protection attorney, he has spent the last 8 years of his career working with thousands of clients all over the US and Canada to protect and grow their hard-earned assets.

Top 3 Value Bombs:

1. There’s no cap on losses. People can sue you for as much as they want.

2. If you own a property in your own name, that’s the absolute worst way of possibly owning a property. That means that if anything happens in your life, they take everything that you own.

3. What you always have to do as a business or as an individual is to separate all of your assets from all of the operations.

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Transcript

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0:00.0	Boom! Shake the room fire nation! JLD here and I have an audio master class that you better
0:09.3	believe that I'm going to be taking notes on and you're about to find out why this audio
0:13.3	master class is flexing legal strength for profits. Now I'm bringing Scott Smith on the
0:20.2	show here because he's going to be breaking down how we can use a series LLC to hold our
0:26.2	assets in scale for free. We're going to talk about how to isolate all your risk into a shell LLC.
0:33.2	We're going to talk about how using a solo 401k can maximize an extra $50,000 a year tax-free
0:40.6	and how to organize your life so you can take care of those you love when you die. Now I know that
0:45.8	might sound a little morbid at the end there and I know that some of these things might be like
0:49.4	really John like really like do we need to talk about this off and the answer is absolutely yes
0:55.3	because so many people work so gosh darn hard and they generate revenue you make money you do all
1:00.4	these different things and then you just didn't set this type of stuff up right one time and you're
1:06.5	not protected and something happens and it all comes crashing down I've seen it happen over and
1:12.2	over and over again so you need to listen to this episode to protect yourself and your family fire
1:18.0	nation. So who has Scott? Well he's a founder and CEO of Royal Legal Solutions out of Austin, Texas.
1:24.5	He graduated from Albany Law School and began his career in high stakes corporate litigation.
1:29.2	As a real estate investor and asset protection attorney he spent the last eight years of his career
1:33.7	working with thousands of clients all over the US and Canada to protect and grow their hard earned
1:39.4	assets and fire nation you want to protect your hard earned assets you want to grow your hard earned
1:46.0	assets so don't you go anywhere because we're going to dive in and when we get back from thinking
1:50.1	our sponsor which you can shine a spotlight on your top candidates when you post a job great news
1:56.2	Zip Recruiter will do just that Zip Recruiter identifies the right people and actively
2:00.6	invites them to apply to your job then as applications come in they analyze each one and spotlight
	...

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