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Technology Revolution: The Future of Now

Legal Lessons for Women Business Owners - Part 1

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 9 March 2016

⏱️ 56 minutes

🧾️ Download transcript

Summary

The buzz: It’s the law. Women entrepreneurs are one of the fastest-growing U.S. economy segments! But you’re also five times more likely than men to shutter your business. Why? A lack business management and legal savvy, more than a lack of capital. Do you need a law degree? No. Our 2-part special features attorneys’ insights on navigating legal pitfalls all entrepreneurs (men, too) encounter. Today we'll cover the foundation. Take notes! The experts speak. Nina Kaufman, Esq.: “You must be willing to be someone you haven’t yet been to build something you haven’t yet built” (Clara Chorley). Nance L. Schick, Esq.: “You can have everything in life you want, if you will just help enough other people get what they want” (Zig Ziglar). Renée L. Duff, Esq.: “Each of us has been put on earth with the ability to do something well. We cheat ourselves and the world if we don't use that ability as best we can” (George Allen, Sr.). Join us for Legal Lessons for Women Business Owners – Part 1.

Transcript

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0:00.0

Welcome to the most nutritious hour of business talk all week.

0:13.6

This is Coffee Break with Game Changers, presented by SAP.

0:17.5

The best run business is run SAP.

0:20.1

Your host and moderator is Bonnie D. Graham. You'll hear from

0:23.0

the innovators who have learned to use game-changing technologies to shake up the status quo and help move

0:28.2

today's businesses in new directions. Now, here's Bonnie D. Graham. Welcome, welcome, welcome. If you want to

0:35.4

run with the game changers, I promise you're in the right place.

0:38.8

What a great show we have for you today. The buzz on the street, it's the law.

0:43.9

Ooh, watch out. Let's see what we're talking about. I have great news for women entrepreneurs.

0:48.9

If you don't know this, you should. You are one of the fastest growing segments in the entire U.S. economy. That is good news. However,

0:58.0

there's always a flip side. You are also five times more likely than your male counterparts,

1:04.7

meaning men who own businesses, to close your business, shutter the door, pack up, leave town,

1:12.0

wherever you're going.

1:13.8

That can't be too good.

1:20.8

Why you wonder, well, you might think women are lacking capital, not a lot of sources to fund their business ideas, not true.

1:23.4

It really boils down to a lack of business management and legal savvy skills.

1:28.9

OMG.

1:30.1

Isn't that learnable?

1:31.5

You bet it is.

1:32.8

But you might be wondering, do I need a law degree to understand the legalities of having a business?

1:38.7

No, you don't.

1:40.1

How can you learn?

...

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