Episode 96: Smart solopreneur contract creation with Riz McDonald
Solopreneurs face challenges such as business plans, goals, invoices, paying taxes, paying contractors and managing contracts. In this episode I chat with Riz McDonald on how you can simplify entering into contracts with your clients and protecting your intellectual property at the same time.
She knows from experience how difficult and time consuming it can be to build a business from the ground up, and making sure you’re doing everything the right way can be daunting. This inspired her to share what she has learned with other brilliant, like-minded individuals.
Riz Provides legal support & services to startups, entrepreneurs, influencers and brands that use them. She is the founder of Foundd Legal which helps simplify the world of law and empower small, independent, creative business owners to use legal practices to grow their businesses.
In this episode you will learn:
How to clearly communicate with your clients and set payment expectations
How to protect your intellectual property
Simplified and straightforward contracts you can use as a solopreneur when entering into a business partnership
Scale up your business by learning all aspects of it
About our Guest: Riz McDonald
Riz is a lawyer with over 16 years of experience, She is an entrepreneur and passionate about all things creative! Which is part of what led her to start Foundd Legal.
Over the years working as both a lawyer and as the founder of an ecommerce business, she discovered that there were a huge number of amazing designers, creatives and fellow entrepreneurs out there who had fantastic ideas and business models, but had no access to the legal ins and outs that are imperative to running a fully legitimate, successful and protected company.
She started Foundd Legal as a way to make all of that boring, scary, overwhelming legal stuff both accessible and affordable to entrepreneurs, creatives and designers, so they can have the best shot possible of creating a legal, lucrative, kick-arse brand and business they can share with the world.
Resources mentioned in this episode:
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Quotes of the show:
“It is important to work with your strengths.”
“Technology is pointless if you don’t have the right processes and understanding of how to use it to the best advantage.”
“It’s important to understand all aspects of the business even if you’re not an expert in all aspects.”
“A little bit of research and understanding go a long way.”