SPI 796: Don’t Skip These Legal Tips from Yasmine Salem Hamdan—SPI Pro Expert In Residence

The Smart Passive Income Online Business and Blogging Podcast

Pat Flynn

Business, Emailmarketing, Entrepreneurship, Videomarketing, Podcasting, Affiliatemarketing

4.8 • 3.8K Ratings

🗓️ 21 June 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

#796 The legal ins and outs of running a business are a mystery to most beginner entrepreneurs. Fearing a huge bill, we don't reach out to a professional who could help protect us from the start. But here's the thing. Doing damage control is always more expensive than being proactive! So where can you get legal advice for your business? Also, as online creators, can we find and use contract templates for most of what we do? Listen in on today's episode because our newest SPI Pro Expert in Residence, Yasmine Salem Hamdan of Coaches & Company, is here to answer your most pressing legal questions! You'll hear us uncover the three-part framework to establish a legal foundation for your brand. We also explore trademarking, copyrighting, contracts, and the implications of AI-generated content. Yasmine is a master communicator who makes these scary topics fun and easy to understand. Enjoy! Show notes and more at SmartPassiveIncome.com/session796.

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Transcript

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0:00.0	A lot of people are scared of a huge legal bill, which is totally understandable.
0:05.0	Even as an attorney, I'm like, I really don't want to have to pay my lawyer to clean up a mess.
0:10.0	And it's always more expensive to do that damage control and clean up the mess, which is why I encourage that proactive action earlier the better in your business so that you're not having to do that damage control. It's always more expensive, it's always more time consuming.
0:23.7	Being proactive might require a bit of an investment of your resources, but it's a tiny fraction of what
0:30.1	would be required if you were having to come back around and you know and clean up that mess later on.
0:35.6	Have you ever met somebody and after chatting with them you begin to understand that you wish you met with them
0:44.0	a long time ago. Like, wow, I could have saved so much time, so much money, and just a lot of headache.
0:49.0	And that's exactly how I felt after talking today with Yasmin Salem Hamdan who you can find at coaches and
0:57.3	company.com and the reason why I said what I just said is because she is in the world of attorneys and legal intellectual property,
1:09.4	trademarks, copyright and all the things that I didn't know anything about in fact I probably
1:15.9	purposefully avoided learning about those things because they sounded big and
1:19.4	scary but I now understand you, almost 20 years later, that that stuff's kind of
1:25.9	important and if only I'd met her a long time ago when I had gotten cease and
1:30.5	desist letters, thought I was getting sued, all these kinds of things.
1:34.5	I would have had much more peace of mind.
1:37.4	And I love Yasmin's approach with being proactive about this stuff.
1:40.8	A little bit of investment in time and a little bit of
1:43.9	investment in money can save you a lot of time down the road, give you a lot of
1:48.8	peace of mind, and also save you from potentially, you know, your business going downhill or something even worse.
1:58.0	So let's chat with Yasmin, Salem Hamden.
2:01.6	You can find her again at coaches and company.com and I'm proud to say that she is one of our brand new EIRs inside of
2:10.0	SPI Pro, our experts in residence. And it is so key it is so perfect that we have a
	...

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