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 advice
05:20 - Know-it-all Facebook ad comments
07:50 - The myth of waiting
13:58 - LLCs vs. sole proprietorship
16:32 - Copy-pasting someone else’s contract
21:36 - The internet is not The Wild West
22:53 - The difference between LLCs and business insurance

RESOURCES:

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)

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DISCLAIMER

4. The 5 Most Dangerous Legal Myths I See Online