Legal Bits Episode #38 – Put Pen to Napkin
Many entrepreneurs have the passion and work ethic to make their ideas work, and still the bank accounts sit stagnant. The problem is in the balance between hours worked and paid hours worked. Running a business, built from the ground up, takes a lot of sweat equity, and most of those hours are not making money. A successful entrepreneur has the guts to start a big project, and the know-how to get the money flowing toward a positive outcome.
Julie is teaming up with Nicole Fende, The Numbers Whisperer, to help entrepreneurs make the leap from good ideas to good business. Nicole is an actuary by trade, and worked as the Chief Financial Officer for Aetna Philippines when she was just 26 years old. She orchestrated a joint venture between the largest bank in Indonesia and one of the largest insurers in the world, and understands how to use past records to accurately plot future action.
We will also address the importance of a contract. When relationships get messy, businesses get expensive. Contracts help settle issues before they arise. We’ll also touch on why a poor LSAT result didn’t keep Julie from going to law school, and why an unreasonable boss pushed her toward new goals.
Plus, are you offering a warranty? Don’t make promises you can’t keep.
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If you want to learn more about making your business succeed, visit the Crack the Code website for Julie and Nicole’s tips.