Episode 45: Three Powerful Legal Moves to Make Your Business Thrive for Generations with Scott Reib
“If you wait to call professionals until you're in trouble, it's often too late or it's going to cost you a whole lot more money than it would have if you'd gone before.” —Scott Reib
Building a successful business requires more than just a great idea— it needs a strong legal foundation to withstand any challenge. Without the proper legal protections in place, even the most promising venture can crumble under the weight of lawsuits, disputes, and unforeseen liabilities. Establishing a shatterproof business structure is essential for entrepreneurs who want to create lasting value and a lasting legacy.
In this insightful episode, Scott shares the three "power moves" every business owner needs to safeguard their brand, protect their assets, and ensure their company thrives for generations to come. Tune in now to fortify your business for long-term success!
Connect with Scott:
As the official Zig Ziglar Small Business Lawyer and a Ziglar Legacy Certified Trainer, it’s no wonder that Scott Reib is known as “America’s Legal Coach.” For the last two decades, Scott has been helping business owners, entrepreneurs, and coaches “shatterproof” their businesses by implementing specific strategies for structure, growth, and protection.
Episode Highlights:
04:47 The Importance of Proactive Legal Approach
07:18 Statistics and Risks in Business
14:33 Brand Protection and Authenticity
24:39 Legal Structures and Asset Protection
30:34 Siliong and Anonymity in Business Structures
37:06 Estate and Succession Planning
40:07 Stay Proactive and Focused
Tired of your business being a house of cards? Time to build a legal fortress! Join @reiblaw as he shares “3 power moves” to shatterproof your business. #Podcast #TheShatterproofEntrepreneur #ReibLaw #LegalFoundations #BusinessStructure #BrandIdentity #SuccessionPlanning #EntrepreneurTips
Quotes:
03:16 “The thing that always breaks up partnerships is money.” —Scott Reib
05:36 “The right information at the right time is the difference between success and failure.” —Scott Reib
06:12 “If you wait to call professionals until you're in trouble, it's often too late or it's going to cost you a whole lot more money than it would have if you'd gone before.” —Scott Reib
09:15 “Defense wins championships.” —Scott Reib
12:30 “The first thing you have to do before you make a change to your business or your life is assess where you are now so you can make decisions to move forward.” —Scott Reib
14:03 “Your branding is the sum of everything you stick out in the world.” —Scott Reib
19:58 “As the leader of your organization, you're in charge. You're the guard of the brand. Make sure everyone knows the importance.” —Scott Reib
23:24 “Millionaires don't go halfway. They go all the way, and they're excellent.” —Scott Reib
31:22 “Asset protection planning has to be done before the liability event occurs.” —Scott Reib
38:05 “If you don't have a will, then your business is going to go through probate court. Nothing good happens in probate court.” —Scott Reib
39:50 “You've either got to build up a team or give up the dream. Your team has to know you have a plan for them, otherwise they're just floating around wondering what's going to happen next.” —Scott Reib
WATCH IT LIVE!
Thank you for tuning into our latest podcast episode!
If you're ready to take your business to the next level or need expert legal advice, we're here to help. Click the links below to get started:
Contact Us Today: reiblaw.com/contact - Let's discuss how we can support your business goals.
Learn More About Access: reiblaw.com/access - Find out how which level of access is right for your business. So, you can have the resources and tools designed to grow and protect your business on demand.
Get Your Shatterproof Score: reiblaw.co/shatterproof-score - Discover how resilient your business is and learn ways to make it unbreakable.
Don't miss out on the opportunity to transform your business. Reach out now and let's make your business shatterproof together!