EPISODE · Aug 16, 2021 · 26 MIN
4. The 5 Most Dangerous Legal Myths I See Online
from On Your Terms®
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 advice05:20 - Know-it-all Facebook ad comments07:50 - The myth of waiting13:58 - LLCs vs. sole proprietorship16:32 - Copy-pasting someone else’s contract21:36 - The internet is not The Wild West22:53 - The difference between LLCs and business insuranceRESOURCES: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)CONNECT:Get Sam's weekly newsletter, Sam's SidebarFollow Sam on InstagramFollow Sam on YouTubeSubscribe to Sam's Substack, Beyond BusinessTake Sam's free legal workshop "5 Steps to Legally Protect & Grow Your Online Business"DISCLAIMER
What this episode covers
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.
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4. The 5 Most Dangerous Legal Myths I See Online
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