Sunday, July 01, 2007

[New Biz] Cobbler With Holes In His Shoes?

It's fairly common among entrepreneurs, especially for those in a service business, that the work you perform for your clients, you tend to slack-off on when it comes to yourself.

For example, I have a friend who is a very prominent and trustworthy CPA, and she doesn't pay her own bills on time or balance her personal checking account.

Well, this month, I started [another] new business, and when it comes to making sure that the legal foundation of the business is sound (like I preach to my clients), I don't want to be the "cobbler walking around with holes in his shoes."

So what I thought would be a great idea was to give you some perspective about running the legal side of a start-up business from the perspective of a business lawyer! (Frankly, it's also a way to force me to "keep it straight" when it comes to getting the legal stuff right for this new business.)

The line of posts relating to this business will have "[New Biz]" in the subject line.

In the next few posts I will be talking more about the concept, incorporating, taking on partners, raising investment capital, signing a commercial lease and vendor contracts.

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