Law Chat with Girija

Grab Your FREE Legal Audit: https://yourcontractbuddy.com/5-day-free-legal-audit-challenge/

If you're an entrepreneur who's looking to get all their systems in place, tune in to today's episode of Law Chat with Girija to find out about the top investments you should be making as a beginner entrepreneur.

Episode Introduction:

Girija Patel shares the top investments you should be making as a business owner as well as their significance in your business.

Episode Summary:

In today's episode. Girija Patel walks us through every single investment that needs to be made by a beginner entrepreneur while sharing her own experiences with those investments and how they help you scale your business.

Investments to Make:

• Invest your time in your business intentionally.
• Invest in a planner with a layout that works for your business.
• Invest in legally protecting your business.
• Invest in a financial advisor.
• Invest in a coach/ network that'll help guide you in scaling your business.
• Invest in someone who can help you with the admin tasks.
• Invest in a marketing strategist.
• Invest in the tech equipment needed for your industry.

Get the visual experience, watch the videocast for this episode: https://youtu.be/AxRyuGKmo-g

Connect With Girija:

Join Law Chat for Entrepreneurs Community: https://www.facebook.com/groups/lawchat

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

Our guest today is a celebrity chef who's made his name in the big leagues. Tune in to find out his success story and insider tips from the man himself.

Episode Introduction:

From being fascinated with food as a little boy who watched his grandma cook to being a world-renowned celebrity chef, Guy Vaknin walks us through his journey of success, the challenges he faced, and how he got to where he is today while throwing in some fun anecdotes in the mix.

Episode Summary:

Guy Vaknin shares his journey of being a celebrity chef with us along with all its obstacles and milestones. He talks about his childhood, his early life in Israel, moving to America, becoming a chef, his time at Hell's Kitchen and ABC's Shark Tank, and building a niche business in the food industry with his two restaurants Beyond Sushi and Willow. Our listeners are in for a fun-filled ride with this episode.

Main Takeaways:

• If you spend too much time contemplating something, you often end up not doing it altogether. If you find something you're truly passionate about, just go for it.
• As a business owner, you should evolve along with your business.
• Part of growing a successful business is to listen to your customers' feedback and grow.
• It is important to diversify your business model in a way that serves vivid interests.
• As a business owner, you should be clear on what are the deal breakers for different aspects of your business, what you can compromise on, and what's non-negotiable.
• As a business owner, you need to be present for your employees, leading the path you want them to walk on.

Fun Facts About Guy Vaknin:

• One of his favorite books is Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink and Leif Babin.

Find Guy Vaknin:

Beyond Sushi: https://beyondsushi.com/about/

Willow Vegan Bistro: https://willownewyork.com/

Instagram: https://www.instagram.com/chefguyvaknin/

Facebook: https://www.facebook.com/chefguyvaknin

Get the visual experience, watch the videocast for the episode here: https://youtu.be/JabjRlqh0lE

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

Our guest today is all about non-profit life. Tune in to find out how you can adapt it for yourself.

Episode Introduction:

What started as a spiritual journey has now become her life's motive, Kele Pandolfe talks about her journey of finding her true purpose in life and how she set it up to do good for several people around her.

Episode Summary:

Kele Pandolfe walks us through her story of empowering at-risk youth globally, through education, awareness, vocational training, and biblical discipleship. She shares her motivation, the challenges she faced, and the success she has achieved. She also talks about starting a non-profit and leading a purposeful life.

Main Takeaways:

• Remember to be fully present in each of your life's experiences because they're all leading you towards your true purpose in life.
• Every state has a different procedure to file for a non-profit, be sure to look into the requirements of where you're filing yours.
• Be careful of how you use your speech because it can be both life-giving and life-damaging for someone.
• If there's something positive that you really want to do, there are no limits to achieving it.
• Our fear usually stems from those things that we do not know the outcome of.
• Be sure to share your dreams with the people who'll be supportive and not try to smash them.
• Your purpose is always going to have its people. It's important to remember who you are serving and why you chose to serve them.
• You can do a quick Google search in order to understand the requirements of starting a non-profit in your geographical region.
• The first three steps to take when starting a non-profit:

1. Meditate or pray - take some time to think through your vision and your goals. Understand the requirement for your non-profit, your demographic, why are you starting, and write it down to get a clear idea.
2. Find three people who are going to support your vision and your dream.
3. Start by laying the groundwork yourself initially and then reach for professional help later.

Recommended Resources:

• When Helping Hurts: How to Alleviate Poverty Without Hurting the Poor . . . and Yourself by Brian Fikkert and Steve Corbett.
• The Ask: How to Ask for Support for Your Nonprofit Cause, Creative Project, Or Business Venture by Laura Fredricks.

Fun Facts About Kele Pandolfe:

• One of Kele's favorite non-profits is Casa de Luz Ministries in Mexico.
• Her favorite book is The Language of Flowers by Vanessa Diffenbaugh.

Find Kele Pandolfe:

Website: https://www.dogoodministries.org/

Instagram: https://www.instagram.com/dogoodministries/

Facebook: https://www.facebook.com/dogoodministry

Kele's Instagram: https://www.instagram.com/kelewrites/

Buy Purposefully Woven: https://bit.ly/2T3FxzO

Buy Purposefully Rooted Devotional: https://bit.ly/3vQrevW

Get the visual experience, watch the videocast for the episode here: https://youtu.be/-GUu3p0-1oo

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

If you have a membership program or plan to launch one, tune in to this episode to get all your legal ducks in a row.

Episode Introduction:

In today's episode of Law Chat with Girija, we talk about the foundational measures to take in order to ensure that your membership subscriptions are legally secure as well as discuss the pitfalls you want to avoid at all costs.

Episode Summary:

Girija Patel walks you through the step-by-step legal checklist that you need to ensure in order to make your membership program's security impenetrable. She covers best practices, what to avoid and what to double-check. By the end of this episode, you will leave with a bulletproof legal strategy for your membership.

Main Takeaways:

• Make sure that your website efficiently conveys who your membership program is going to serve.
• Your website copy should cover the following:

> Terms & Conditions

> Privacy Policy

> FAQs

> Disclosures

• Elements of a Membership Agreement:

> Term of the Membership

> Price of the Membership

> Payment Schedule

> Deliverables of The Membership

> What is Expected of the Subscriber

> Intellectual Property

> Refund Policy

> Termination Clause

> Notice Provision

> Assignment & Transferability

> Disclaimers

• Make sure you are not commingling your funds with another one of your business.
• Take advice from your CPA and lawyer to make sure your membership adopts the correct business model.

Get the visual experience, watch the videocast for this episode: https://youtu.be/SycOisEdiUo

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

From being a physical therapist to a makeup artist to now managing several digital businesses, our guest today truly has a vivid palette of professional experiences.

Episode Introduction:

Kari Roberts is a business integrator who helps manage online businesses by systemizing them for rapid functionality. Today she joins us on Law Chat to share her favorite tips for online business owners to simplify their business operations.

Episode Summary:

Kari Roberts walks us through her journey of becoming an online business manager along with the wins and failures she had on her way as well as how those failures helped her. She tells us the various business areas that a digital COO works on and how she serves her client efficiently as she shares some pages from her experiences. This episode is truly resourceful for every online business owner.

Main Takeaways:

• You should price your services based on the transformation that you offer your clients.
• If you're not confident about charging a certain price for your product, do what you need to - get experience, get more educated, network with people and put yourself out there.
• Failure isn't always a bad thing. Sometimes it gives you the clarity you need in order to move forward.
• How an OBM starts their work for your business:

1. Understanding the goals of your business.
2. Understanding what you need help with and whether it can be systemized or do you need to hire someone.
3. Brain dump everything about your business that your OBM can streamline and simplify.

• An easy way to systemize your business is to document your business processes in real-time as you do them as opposed to sitting down at once to write them down. This ensures that you aren't missing any steps.
• Make sure you're communicating your needs to your support staff properly in order to function together in sync.
• As a business owner, it is extremely important for you to learn to prioritize your time away from the business.
• Take the help of personality tests such as enneagrams to understand what is the best way to communicate with your team members.

Recommended Resources:

• Quiz: https://www.karirobertscoaching.com/quiz-2
• Time Blocking Template https://view.flodesk.com/pages/5ec179d3ab499000265f0e69

Fun Facts About Kari Roberts:

• Her favorite TV series are The Real Housewives franchise and 90 Day Fiancé.

Find Kari Roberts:

Website: https://www.karirobertscoaching.com/

Instagram: https://www.instagram.com/kari.and.company/

Facebook: https://www.facebook.com/karirobertscoaching/

Get the visual experience, watch the videocast for the episode here: https://youtu.be/BW0Eqjj3U0g

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

Who needs to build a business from the ground up when you can purchase one and scale it your way?

Episode Introduction:

Our guest today is an acquisition entrepreneur and an expert at purchasing businesses and making them succeed. Tune into today's episode with Devina Bhojwani to learn some tricks of the trade.

Episode Summary:

Today's episode of Law Chat with Girija talks about business acquisition from A-Z. Right from the mindset shifts, you need to make to the research you need to do and the business plan you have to make, Devina Bhojwani walks us through her journey of being an acquisitional entrepreneur while sharing her methodology with us.

Main Takeaways:

• Owning a small business opens multiple pathways for you to move forward on. It truly provides you with an abundance of opportunities.
• Navigating synergy at home plays a huge role in making a business successful.
• Important mindset shifts to adopt when venturing into a new business field:

1. Have a risk appetite.
2. Be a leader.
3. Visualize the growth.

• Things to consider when buying a new business:

1. Your passion for the business.
2. Growth opportunities available for the business.
3. Existing profit numbers of the business.

• Make a detailed business plan with quarterly, six-monthly, and yearly projections and plans for your business.
• Talking to a business broker can also really help you find the right business for you to invest in.
• Competitor analysis is a great way to understand whether or not the business you're looking to invest in is viable.
• Devina's top tips to establish authority after purchasing a business:

1. Build trust.
2. Reiterate communication.
3. Listen to your team.

• When you're planning on investing in a business, think your exit strategy through and include it in your business plan.

Recommended Resources:

• Buy Then Build by Walker Deibel.

Fun Facts About Devina Bhojwani:

• Her favorite business tool is Clubhouse.

Find Devina Bhojwani:

Website: https://idealabkids.com/

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/devina-bhojwani-3452053/

Get the visual experience, watch the videocast for the episode here: https://youtu.be/k1K-CHvLTDU

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

Today's episode of Law Chat with Girija is to hook you up with a solid legal foundation in your business in all necessary aspects.

Episode Introduction:

Girija Patel shares the foundational knowledge of business planning, legal planning, and financial planning that you need to adopt when starting a business.

Episode Summary:

Girija Patel walks us through the step-by-step process of starting a successful business. Right from brainstorming for business ideas to actually launching a business and covering all the bases, this episode is your ultimate guide to designing an intentional and successful business model.

How to Start a Successful Business:

• Step One: Brainstorm. Write down the various ideas that you have. Dump all your thoughts on a blank sheet of paper.
• Step Two: Integrate your brain dump into a business plan. Conduct market research and format a plan that accommodates your ideas.
• Step Three: Research and finalize a business name. Make sure that the name isn't already being used by another business.
• Step Four: Choose what kind of entity your business is going to be based on the risk factor, liability exposure, and tax benefits.
• Step Five: Sign up for EIN (Employer Identification Number) that is going to be needed for various purposes such as IRS and Federal Taxation.
• Step Six: Get a separate bank account for your business regardless of what business entity you identify as. This will help in keeping your personal and business financial statements separate.
• Step Seven: Get any licenses or permits that your business might need in order to comply with the legal structure of your local, state, and federal region.
• Step Eight: Get a bookkeeper or a CPA to keep all your finances sorted. You need to make this investment in your business from day one.
• Step Nine: If you're certain about your business' name and are committed to it, trademark it as soon as possible for added protection.
• Step Ten: Get a DBA (Doing Business As) or Assumed Name to let your state know that you are operating your business as the business name and not your own legal name.

Get the visual experience, watch the videocast for this episode: https://youtu.be/mGF0-NTnIvc

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

Our guest today is going to help you ensure a jitter-free entry on the stage the next time you walk in front of a crowd.

Episode Introduction:

Marti MacEwan walks us through the journey of overcoming stage fright herself and how she's taught hundreds of people to successfully do so. An author, a therapist, a singer, and the queen of curing stage fright, she's here to share her favorite action tips with us.

Episode Summary:

Marti MacEwan shares her journey of dealing with stage fright right from her first conscious experience of it during a singing lesson to then intentionally using a psychological technique on herself to deal with the fear. Full of practical steps, this episode is fine-tuned in a way to help you embark on a journey to overcome your own stage fright.

Main Takeaways:

• The fear to put yourself front and center sometimes stem from an internal conflict nurtured by one's childhood experiences.
• Energy Psychology focuses on changing the state of your energy first and then emotional, psychological, and physical changes follow naturally as a result.
• Client feedback is a great way to improve and streamline your services. Market research helps you strategize better.
• Anytime you're disrupting your industry, there is going to be some resistance and skepticism. The important thing is to keep moving forward.
• If you're facing pushback doing what you believe in:

1. Find people who align with your vision.
2. Test it out and come up with tangible evidence in your favor.

• Marti's tips on overcoming challenges and moving forward:

1. Get objective about it.
2. Create safety for yourself.
3. Learn the Rapid Relief Process.

Fun Facts About Marti MacEwan:

• Her favorite movie is The Philadelphia Story.

Find Marti MacEwan:

Website: https://stagefright.com/

Rapid Relief Class: https://stagefright.com/rapidrelief/

Energy Psychology: https://www.energypsych.org/

LinkedIn: https://www.linkedin.com/in/yourstagefrightcoach/

Twitter: https://twitter.com/stagefrightcure

Email: [email protected]

Get the visual experience, watch the videocast for the episode here: https://youtu.be/cFJA_3H42CM

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

Our guest today chose the career of his dreams back when he was in fourth grade - tune in to see how he followed through!

Episode Introduction:

From getting his undergraduate degree in physics to his varied experiences at law school, Trevor Schmidt walks us through his journey of becoming a trademark expert who helps you establish your brand's identity.

Episode Summary:

Trevor Schmidt delivers this value-packed episode where he talks all about the importance of protecting your intellectual property. He shares the vivid experiences that he's experienced as an attorney and how he ended up practicing corporate law. This conversation is filled with valuable tricks of the trade and actionable tips that you could put into use for your business right away.

Main Takeaways:

• When getting your contracts done, ask your attorney to draft them from thinking of how these contracts will hold up in court.
• Makes your business operational and transactional through a contract.
• A business is more likely to need legal assistance in the beginning phase than it is years later.
• How Trevor educates his clients about the importance of legal protection:

1. Explain to them the risks involved on a practical level.
2. It saves you a huge cost in the longer run.
3. Tell them about the resources available to them.

• How to know if you need to invest in a trademark:

1. Ask yourself if you have enough protection through the common law or do you need added protection from the federal law?
2. Consider your geographical area, do you plan on functioning locally or do you plan to expand nationwide?
3. Understand whether you need a trademark or a standard character mark based on your business' needs.

• If your business is based online, it's best to get a trademark registration once you're firm that you aim to continue growing your brand in its current form.
• Legally protecting your company with the help of trademarks, copyrights and contracts make your business a prime opportunity for investors.
• Analyze the risks of a company based on the severity as well as its likeliness to occur.
• When you're saying "No" to something, always be prepared with alternative choices for it.

Fun Facts About Trevor Schmidt:

• His favorite book is Ender's Game by Orson Scott Card.
• His business book recommendation: The 4 Disciplines of Execution: Achieving Your Wildly Important Goals by Chris McChesney, Jim Huling, and Sean Covey.

Find Trevor Schmidt:

Website: https://www.hutchlaw.com/

Twitter: https://twitter.com/inretrevor

Email: [email protected]

Podcast: https://podcasts.apple.com/us/podcast/founder-shares/id1526357098

Get the visual experience, watch the videocast for the episode here: https://youtu.be/6xH2OxTE1BA

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/

It's time to scale your business amidst a global pandemic. Here's how!

Episode Introduction:

In today's episode of Law Chat With Girija, we'll be talking about the action steps that you can take today in order to successfully navigate your business on its path to flourish even during Covid-19.

Episode Summary:

Girija Patel walks you through the various tips and tangible steps for being able to efficiently evaluate your current business structure as well as how to properly analyze it and make the needful tweaks so that it works for the growth of your business.

Main Takeaways:

• Ask yourself "How am I feeling in my business right now?" - Use this question to evaluate the gaps in your business, what's working and what's not, what's missing, what needs to be changed or fixed.

• Divide your business elements into the following columns:

1. What's Amazing: These are the things that are working perfectly in your business.
2. What's Mediocre: These things are not bad but they aren't the greatest either. I like them and I can tweak them into something better.
3. What's Not Needed: These are the things that you completely want to eliminate from your business structure. They do not need to be changed or fixed, these just need to go.

• The aspects that you should evaluate in your business are Operations, Client Experience, Team Building, Manufacturing, Distribution, and Business Relationships.

• Having open conversations with the people in your business network is a powerful activity. Talk to them, get feedback and work on making the overall experience better.

• You should re-do your contracts annually.

• If you're committed to something and it's generating revenue for you, register the copyright for it as soon as you can.

Action Steps:

1. Evaluate your business.
2. Find out your pain points and analyze why you haven't fixed them yet.
3. Think about the different business relationships you have and how they can be cultivated for growth.
4. Actively grow your network by meaningfully interacting with people.
5. Re-evaluate all your contracts to make sure there isn't a misalignment in them.
6. Take a look at your Trademark and Copyright Registrations.
7. Finally, take a look at your Standard Operating Procedures and fine-tune them to align with your business goals.

LINK TO THE 5 DAY LEGAL CHALLENGE: https://www.gbplaw.com/links

Get the visual experience, watch the videocast for this episode: https://youtu.be/_Mac8nmXfK0

Connect With Girija:

Website: https://www.gbplaw.com/

Instagram: https://www.instagram.com/gbplaw/

Facebook: https://www.facebook.com/GBPLaw/

Get Ready To Use Contact Templates At: https://yourcontractbuddy.com/