3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP474: Building 4 Unicorn Companies with Celebrity Partners W/ Brian Lee

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

LegalZim - We Never Hit a Deficit, Right?

We never really hit a deficit at LegalZim. We grew 10 to 25% year over year profitably, and when you look back 20 years later, because of sizable business, right? And so for us, we always just kind of knew that we hadn't remained profitable. There is one time where we couldn't pay payroll, right? Because we sunk all our money into proxy law. Make sure that you're incredibly strong at your foundation before extending, right? Don't extend until you're ready.

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