SPI 609: Useful Legal Tips for the New Entrepreneur from My Attorney, Mark Stansbury
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn
4.8 • 3.8K Ratings
🗓️ 7 September 2022
⏱️ 41 minutes
🧾️ Download transcript
Summary
#609 As entrepreneurs, we often have legal questions but don’t even know where to start looking for answers. That’s why I wanted to create a go-to resource for us and shed some light on the common issues we might encounter in our businesses. I’m very excited about this episode because I’m chatting with my attorney, Mark Stansbury. He is a partner at Stansbury Weaver, where they’re rejecting the traditional law-firm model and have come up with fantastic new ways to serve entrepreneurs and startups. So when is the right time to register an LLC, and what about trademarking a name? What if someone is already using a similar name? Can you use other people’s content in your videos or podcast? And what can you do if someone else is using your content and making money off of it? Make sure to join us for this incredibly informative chat with Mark to find out more. Show notes and more at SmartPassiveIncome.com/session609.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is often lost when you get a cease and desist from big corporate company and it seems nasty. |
| 0:05.7 | The rule of trademarks is if they don't enforce it, they stand to lose their trademark. |
| 0:10.5 | And so they actually have to do something to enforce it, which includes sending out cease and desist |
| 0:14.8 | and sometimes filing lawsuits. And so if you get one of those, it's not necessarily their nasty lawyers, |
| 0:20.9 | although they might also be nasty lawyers, but they have to do it. |
| 0:24.3 | That is Mark Stansbury. He's actually my attorney. He's been helping me with my business for a number of years now. |
| 0:31.6 | I wanted to bring him on the show to take the things that we often think about when it comes to like the legal things of starting our business |
| 0:38.8 | that are often complicated, overwhelming, scary, and make them easy to understand. |
| 0:44.1 | We talk about things like trademarking and incorporation. When is the right time to incorporate your business? |
| 0:49.1 | And how would you go about doing that? What about trademarking a name? |
| 0:52.1 | What if somebody else has a name that you're interested in using and can you change it slightly? |
| 0:56.8 | What about fair use, right? That means using other people's IP, but how much of that is okay? |
| 1:03.2 | Right? Can you use up to 30 seconds, 15 seconds of somebody else's video inside of your podcast or in your own YouTube videos? |
| 1:09.5 | How does that work? What if somebody uses your stuff? What might you do in that regard? |
| 1:14.6 | What if you're like me and somebody takes your courses and sells it on another website for much cheaper? |
| 1:19.4 | What kind of legal things can you take action on and how might you go about solving that problem? |
| 1:25.3 | That and more we're going to talk about today with again, Mark. |
| 1:28.0 | Stan's Berry, you can find him at stansberryweaver.com. |
| 1:31.6 | He's got a load of information just to bring dump on you. And again, not in an overwhelming kind of way. |
| 1:36.0 | I'm hoping that this episode becomes sort of a pillar for us to like, hey, if you're starting a business, |
| 1:41.2 | make sure to listen to this episode because this is going to help you as you're getting started. |
| 1:46.4 | That makes sense of a lot of the stuff that can often seem very, very confusing. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Pat Flynn, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Pat Flynn and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.