- Is Your Business in Violation of The New Affiliate Nexus Tax Rules? - July 6, 2011
- Copyright dangers lurking in your staff’s work product - March 29, 2011
- Ladies: Getting Your Legal Foundation in Place is Sexy! - July 13, 2010
This one is especially for the ladies, because I think this is an epidemic issue with us. But men, you are warmly welcome here! I hope everyone gets something from this post….read on!
There are so many programs out there that talk about marketing, sales, Social Media, finding your bliss, etc…. All of these things are really important to be sure, but there is one area of launching a business that is so critical that is can be the difference between long term success or, well….at the risk of sounding dramatic…losing everything. And amazingly, it routinely gets skipped, shortchanged or ignored. That one critical step is creating a solid legal foundation for your business.
I think it gets overlooked for three main reasons:
First, it is pretty intimidating to think about, especially when you are new in business or don’t have experience with the legal side of running a business. Most of us avoid what we don’t feel comfortable with, and this is no exception.
Second, I think we not only feel intimidated, but we feel scared often when talking about lawyer stuff. For most of us, this is outside of our comfort zone and we don’t know what we don’t know. Plus, the idea of hiring lawyer, someone who does know, is scary in and of itself, and it threatens to be an expensive process. For many startups or small businesses, it seems like an expense that can’t be justified.
Third, I think the process of getting your legal foundation in place gets overlooked or put off because it is, well, just plain boring. It is so much more fun to think about the creative side of launching a business, especially when you are doing something you feel passionate about. I know that legal issues can be pretty dry – enough to make most people’s eyes glaze over. It certainly doesn’t feel sexy or exciting.
Or is it? Actually, while the process of getting your legal foundation in place might not be the most fun you have ever had, the act of it is incredibly sexy, smart and exciting.
Why? Because the point of getting your legal house in order is that it frees you up to then get on with the fun part of running a business. You will have the peace of mind that you have done all you can to protect your hard work. Peace of mind is the best food for creativity, and it gives you mental and emotional freedom to take your business to the next level and to focus on what you love to do and what you are best at. By taking the time to focus on it, you are making the choice to be smart, and to honor yourself, honor your gifts and honor your hard work. I’d say that is pretty sexy!
For more information on how to get your legal foundation in order easily and without hiring an expensive business lawyer, visit http://www.businessbrillianceuniversity.com.