On Your Terms® 4. The 5 Most Dangerous Legal Myths I See Online
The online world can be a messy place for legal advice. I’m going to discuss some of the biggest and most dangerous legal myths I’ve seen, such as LLCs versus sole proprietorships, using free contracts when starting out, whether it’s true that the online world is a Wild West, and whether you really need an LLC or business insurance – or both.
In this episode, you'll hear…
- 02:21 - The dangers of following anonymous online advice
- 05:20 - Know-it-all Facebook ad comments
- 07:50 - The myth of waiting
- 13:58 - LLCs vs. sole proprietorship
- 16:32 - Copy-pasting someone else’s contract
- 21:36 - The internet is not The Wild West
- 22:53 - The difference between LLCs and business insurance
RESOURCES:
- Top Legal Mistakes to Avoid for Online Businesses (blog post)
- Top Legal Mistakes to Avoid for Online Business Guide (PDF downloadable guide)
- Episode #2: “Scope of Practice for Coaches: What You're Legally Allowed to Do” (podcast episode)
- 7 Legal Myths Keeping You From Being Legally Legit (blog post)
- Why Free Legal Contracts Wouldn't Cut It for Kristen Zavo (interview recording)
LEARN:
- Join my free Legal Workshop “5 Steps to Legally Protect & Grow Your Online Business” here
- Read Sam's Blog for the latest legal tips, podcast episodes & behind the scenes of building her 7-figure business.
- Listen to our customer stories to see how getting legally legit has helped 1000s of entrepreneurs grow their own businesses.
CONNECT:
- Follow Sam on Instagram for legal tips, business-building advice & daily food + Hudson pics.
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- Follow my podcast, On Your Terms®, on Instagram so you catch all our episodes
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- 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.
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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.
On Your Terms® is a production of Crate Media.
Mentioned in this episode:
Legal Workshop
Do you feel lost thinking about how to legally protect your online business? Head to mylegalworkshop.com to sign-up for immediate access to my free 1-hour legal workshop, 5 Steps to Legally Protect & Grow your Online Business.