BUSINESS INSIDE OUT
NORMALIZING THE ENTREPRENEURIAL EXPERIENCE ONE REAL CONVERSATION AT A TIME. GET COMFORTABLE, GRAB YOUR FAVORITE BEVERAGE, AND JOIN ME FOR A BEHIND-THE-SCENES LOOK AT THE MINDSET, GRIT, AND STRATEGY THAT CREATES BUSINESS SUCCESS FROM THE INSIDE OUT.
I don't know about you, but when I started my business there were a gazillion things I was focused on and legal protection wasn't really one of them.
I got a contract for my private coaching services and that was about it. Turns out, there are a few other things we need in place as entrepreneurs to protect ourselves.
I was lucky enough to sit down with entrepreneurial lawyer, Diana Chen to get clear on all things legal. Diana shared a wealth of legal information we all need as entrepreneurs at any stage of the game and her personal journey to her version of business success and freedom.
For those of you who don't know Diana, she's an attorney, traveler, and online entrepreneur from Chicago.
Diana's story has taken her from law school, to a startup and $20,000 business investment turned sour, to the corporate world, to starting the business she has now: helping travel-loving online entrepreneurs learn more about how they can live out their life of freedom by ensuring they have the proper legal protections in place.
Fun fact: Diana walks her freedom talk. In the last year or so, she's traveled to 30-40 countries, including a trip where she climbed Mt. Kilimanjaro.
Diana was generous enough to give us a crash course in legal and managed to make it human and accessible!
Join Diana and me for a conversation about the ups and downs of the entrepreneurial journey, living life to the fullest, confidence, freedom, and how to get our legal ducks in a row. Diana's breaking it down for us and outlining how to protect our personal assets, our intellectual property, and our audience and customers.
Grab a coffee, your notebook, and let's dive in!
CLICK BELOW TO LISTEN TO THE FULL INTERVIEW:
(You can also download the interview and listen to it anytime.)
I’d love for you to join us for the entire conversation, but here are the 'Cliff Notes' if you want to jump around:
{3:07} Diana shares her version of success and what freedom means to her.
{6:07} A message of inspiration for anyone listening who hasn’t started their business yet, is seeking freedom, and wondering how the hell to do this!
{7:41} Diana shares her journey and some of the bumps along the road including a $20,000 investment that didn’t turn out as expected and how that's gotten her to where she is today.
{12:01} A near-death experience that affected Diana's beliefs. How Diana stays in the game when the going gets tough.
{14:46} The bare minimum we need in place to protect ourselves as entrepreneurs legally online (MY disclaimer: I’m not giving you legal advice!). Diana breaks this down into three prongs.
{16:30} What's an LLC and do you need one?
{17:37} We talk about the "worst case scenario", give it a positive reframe, and how legal plays a role in all of this.
{19:17} What walking tightropes and legal protection have in common.
{23:36} How to protect your intellectual property online (your brand, logo, designs, and content).
{24:20} What you need in place to protect your clients.
{29:44} What disclaimers can do for your business.
{30:49} The biggest myth Diana hears.
{37:00} Where to find Diana online and her generous free gift: a checklist of 6 ways that bloggers, online marketers, coaches, and entrepreneurs can protect their businesses.
Once you’ve had a chance to listen, I’d love to hear from you in the comments below. Let me know your biggest takeaway!
I hope this conversation will motivate you to protect yourself legally and see legal protection as a positive way to increase your confidence and give you the freedom to build a business you love.
Diana, thank you again for taking the time to share your experience, your inspiring story, and zone of genius so generously!
Wishing you your version of success!