Category Archives: Legal Planning For Growth

Four legal issues in your crowdfunding campaign.

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You are a creative entrepreneur with a massive vision expanding every day. Some of your friends have run successful crowdfunding campaigns for their businesses and you’ve wondered if you should do the same. Before President Obama signed the JOBS Act in 2012, you could only give your crowdfunded investors (or backers) rewards. You know? A signed t-shirt. An autographed print. Limited edition tote bag. Now, with the JOBS Act, Title III equity crowdfunding rules approved by the Securities and Exchange



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[#PrinceTaughtUs] Legal lessons we can learn from Prince about creative entrepreneurship.

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Prince was no stranger to legal matters and doing what was necessary to protect his intellectual property ownership. In 1993, we saw him change his name from Prince to The Artist Formerly Known As… in order to get out of a contract with Warner Brothers. Then, there was the 2008 Coachella débâcle where he sent similar takedown notices to YouTube demanding removal of his performance of Radiohead’s song “Creep.” In 2013, we saw him send DMCA takedown notices to Vine for six



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Why you should hire a Trademark Attorney + the real cost of DIYing your trademark.

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If you’ve been reading my blog for a while, you probably understand just how important it is that you own the trademarks for your brand. You may be toying with the idea of just handling it yourself. You’ve searched Google for identical brands. You’ve searched the United States Patent and Trademark Office website for your brand name. You’ve peeked at the trademark application and it looks simple enough. Plus, you have friends who’ve told you how easy it is and that



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How to stop being a starving artist.

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Typically, when we hear the phrase, “starving artist” we think of an artist in the traditional sense — visual artists, poets, writers, right? But, when I talk about the starving artist mentality I am referring to it in a broader sense as it applies to entrepreneurs of all disciplines. How many times have you: Charged less than your product or service was actually worth because you were too scared to charge more? Held on to a client or customer longer than



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The three huge lessons The E-Myth Revisited taught me about starting a business.

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I never win anything (seriously). But, there was one time when I was the lucky recipient of a free copy of Michael Gerber’s book The E-Myth Revisited: Why Most Small Businesses Fail. If I could rewind the clock and start my business over I would have done so — armed with this book. The E-Myth Revisited is a must-read for any new business owner. If you’re launching a business while working you’re probably worried about how you’re going to get customers



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What are the most important investments you can make when launching a business while working (and a behind the scenes look at CGL)?

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If you’re launching a business, no one can give you an exact list of every area you should invest in along the way. These decisions must be aligned with your specific business goals. The most important investments you can make are when: You don’t have the skills to do something on your own. You don’t have the time to do something on my own (if your launching a business while working your time is a precious commodity) Your time would be



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What key things do you need to know about Limited Liability Companies?

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There is no one-size-fits-all approach to selecting a business entity and what’s best for your friends may not be what’s best for you. This post explains the key characteristics of a Limited Liability Company (LLC) because it’s a popular option among creative entrepreneurs. As a sole proprietor you are doing business as you, the individual. Legally, this means that your personal business is mixed up with your actual business. If something goes awry there is no liability protection for your personal assets. A



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Why you need a legit business structure (even if you’re an artist, creative or not sure what this business really is yet).

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There’s a common misconception amongst the creative entrepreneur community and it’s high time to set the record straight. You’ve probably heard it. You may have even whispered it to a fellow creative because you unequivocally believed it to be true. For some reason, you’ve believed that since your business isn’t big yet, or since you are just taking clients here and there, or because you’ve only sold your [insert cool thing] to a few people that you don’t need to formally set up a



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If you’re launching (a biz) while working you must know 3 things about your employment agreement.

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I know what it’s like. You’ve been job hunting forever (and ever). Finally, you land a gig that is the perfect fit (for right now). You can relax a bit. You’re beyond ready for that first paycheck. You don’t even mind that your new company has a three week waiting period… In the frenzy and excitement of new jobship, you can’t wait to sign those papers. All of the papers. Yesss. When you sign that dotted line the stress line



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What is the biggest risk of launching a business while working?

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You are working a 9 to 5 with ambitions of entrepreneurship. You’ve had a few signs that now is the time. You’re ready to make real traction towards your move. Let’s call it your grand escape. I get it. You don’t even hate your gig. But, that draw to launch your own business is more compelling than what you do every single day. You read your favorite industry magazines. Visit the best blogs for entrepreneurs. Read the books that everyone



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