Have you ever heard advice that sounded too good to be true? You're not alone! In this episode, I'm sharing the real truth behind some of the most common online business myths.

I asked people on Instagram what was the biggest myth they believed about starting an online business and the answers were enlightening. From people who believed starting an online business would be easy to those who thought starting a business would be hard, the range of responses was fascinating. I'm also discussing legal myths such as LLCs, business insurance, scope of practice, and contracts. We'll be taking a look at why people believe myths, the truth behind them, and how to protect yourself and your online business.

In this episode, you’ll hear…

1. The danger of believing and spreading online business myths
2. Myth: You don’t need business insurance AND an LLC
3. Myth: You NEED a website for your online business (or you don’t)
4. Myth: It’s best to register your business in another state for tax purposes
5. … and more!

Click here to find the full show notes and transcript for this episode.

RESOURCES:

1. Click here to watch the free workshop so you can get legally protected right now!
2. What's inside the Bundle video walkthrough: https://www.loom.com/embed/ad4bbbb112ec48f49a013e269f565230
3. Episode 81. Do You Really Believe In Your Business? (You're Not Alone)
4. Episode 83. Legally Protect Your Online Biz: The Bare Minimum that Produces Results
5. Easy Email List Sign-Up: https://www.samvanderwielen.com/easy-emails/
6. Episode 2. Scope of Practice for Coaches (What You're Legally Allowed to Do)
7. Episode 69. What Coaches Can Legally Do (Scope of Practice Part 2)

Resources & Links:

• If you’d like a shoutout (and a chance to win a $20 gift card), just leave a review on Apple Podcasts and send a screenshot of it to me on Instagram via DMs!
• Read Sam's Blog for the latest legal tips, podcast episodes & behind the scenes of building her seven-figure business.
• Listen to our customer stories to see how getting legally legit has helped 1,000s of entrepreneurs grow their own businesses.
• Follow us on social media: Sam on Instagram, Facebook, On Your Terms on Instagram
• Subscribe and follow on all podcast platforms and activate notifications for new episodes
• Kajabi // use Kajabi to sell your course, program, or even build your entire website. Get a 30-day free trial with my link.
• SamCart // what I use for my checkout pages and payment processing and LOVE. And no, not because it’s my name.
• ConvertKit // what I use to build my email list, send emails to my list, and create opt-in forms & pages.

DISCLAIMER: Although Sam is an attorney she doesn’t practice law and can’t give you legal advice. All episodes of On Your Terms are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The info you hear here isn’t a substitute for seeking legal advice from your own attorney.

AFFILIATE LINKS: Some of the links we share here may be affiliate links, which means we may make a small financial reward for referring you, without any cost difference to you. You’re not obligated to use these links, but it does help us to share resources. Thank you for supporting our business!