Before you hire your first employee, file your first patent or bring on a co-founder, there are a few legal decisions that can determine whether your startup succeeds—or struggles.

In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Philip Crowley, startup advisor, attorney, founder of Crowley Law LLC and author of Avoid Startup Failure. Drawing on decades of experience at Johnson & Johnson and advising technology startups, Philip shares the legal pitfalls entrepreneurs commonly overlook—and how avoiding them can protect both their innovations and their equity.

In this episode, you will learn:

• Why founders should establish the right legal entity early—and how the choice between an LLC and a corporation can impact both liability protection and future tax benefits.
• The costly mistakes entrepreneurs make when negotiating term sheets, protecting intellectual property and waiting too long to seek legal guidance.
• Why written agreements with employees, contractors and co-founders are essential for protecting your company's intellectual property and attracting investors.
• How vesting schedules, founder agreements and thoughtful planning can prevent disputes and preserve long-term value as your business grows.
• And more!

Tune in for practical legal strategies every entrepreneur should know before launching, hiring, raising capital or bringing a new product to market.

Resources:

Episode Transcript & Blog | Avoid Startup Failure: Learn the Top 10 Causes of Failure for Technology Startups and How to Turn Them to Your Advantage by Philip Crowley | https://crowleylawllc.com | Email: [email protected] | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

Want to be a guest on The Agent of Wealth? Send Marc Bautis a message on PodMatch, here: https://tinyurl.com/mt4z6ywc