Top 10 'Must Do' List for a Startup with Scott Royal Smith
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 9 July 2022
⏱️ 30 minutes
🧾️ Download transcript
Summary
Scott Royal Smith is a real estate investor and asset protection attorney in Austin, TX. He became an entrepreneur while still in law school, purchasing and running an auto mechanic shop to pay his way through school. After graduating, he begin his law career as a high-stakes corporate litigator.
He has spent the last 8 years of his career analyzing real estate investment and asset protection. Today, he is the Founder and CEO of Royal Legal Solutions, a firm he built to offer tax, business and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protecting strategies to help circumvent debilitating lawsuits for his clients.
Top 3 Value Bombs:
1. An LLC creates a barrier between you and your money, and anybody who tries to come after you.
2. Before you start the day, write down the one thing that you have to do today - that if you only do that one thing, you can say that the day was a success.
3. As an entrepreneur, you can't allow cash to stand in the way of you being able to create value for your customers.
Sign up for your $149 Roadmap Consultation with Scott and after the consultation you'll receive an Anonymous LLC for free! - Royal Legal Solutions
Sponsor:
HubSpot: Customer expectations are at an all-time high, and making things easy is how you'll win. Learn more about how HubSpot can help your business grow better at HubSpot.com.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Boom! |
| 0:01.0 | Shake the room, Fire Nation! |
| 0:05.0 | JLD here and welcome to Entrepreneurs on Fire, brought to you by the HubSpot podcast |
| 0:09.7 | network with great shows like Being Boss. |
| 0:12.4 | Today, we're pulling a timeless EO Fire classic episode from the archives and we'll be |
| 0:16.9 | talking about the top 10 must-do list for a startup. |
| 0:21.4 | To drop these value bombs, I have brought Scott Royals Smith into EO Fire Studios. |
| 0:26.5 | What is a real estate investor and asset protection attorney in Austin, Texas? |
| 0:30.2 | He became an entrepreneur while still in law school, purchasing and running an auto mechanic |
| 0:33.8 | shop to pay his way through school. |
| 0:36.0 | After graduating, he began his law career as a high stakes corporate litigator. |
| 0:41.2 | In today's Fire Nation, we will be talking about how an LLC creates a barrier between you |
| 0:44.9 | and your money and anybody who tries to come after you. |
| 0:48.0 | We'll also talk about how you can't allow cash to stand in the way of you being able to |
| 0:51.4 | create value for your customers and how to make sure that doesn't happen and so much more |
| 0:56.2 | when we get back from thinking our sponsors. |
| 1:00.2 | Business Made Simple, hosted by Donald Miller, takes the mystery out of growing your business. |
| 1:04.7 | Recent episodes like How to Attract and Retain Top Talent and How to Make More Money |
| 1:08.8 | With Your Current Products are Straight Fire. |
| 1:12.1 | Listen to Business Made Simple wherever you get your podcasts. |
| 1:17.4 | Scott, say what's up to Fire Nation and share something interesting about yourself that |
| 1:22.0 | most people don't know. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from John Lee Dumas, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of John Lee Dumas and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.