Matt Thiry joins Karen Rands on the Compassionate Capitalist Show to discuss the legal steps Founders and Investors can take to protect their interest in the event of an unexpected change of status in the company. Nobody enters into a marriage expecting it to fail. Neither do they start a business or invest in a business expecting it to fail. Although it may seem 'negative' to enter into a pre-nump before getting married, getting these legal docs and contracts in place before your business gets complicated by success is a wise move. Contract law isn't exciting but can be the source of fireworks when suddenly a business finds itself in the situation with a founder or key operational person suddenly exiting the company, either over a disagreement or catastrophic event.
Listen to learn about the tips and tools entrepreneurs and investors use to protect their business interests and mitigate the risk of trigger events that can lead to business failures.
As a business lawyer, found at http://mattthirylaw.com, Matt Thiry provides advice to existing businesses and start-ups regarding issues including risk management, covenants, business formation, and other day-to-day matters encountered by businesses. He also routinely assists clients by reviewing, negotiating and drafting contracts keeping business objectives and with the goal to avoid the disruptions in business due to legal challenges and lawsuits. Matt is also the host of THE BUILDING BUSINESS PODCAST.
Karen Rands is a top podcaster and speaker focused on creating wealth through building and investing in successful entrepreneur endeavors. She wrote the best selling primer for Angel Investors: Inside Secrets to Angel Investing. To learn more about the programs and services that Karen and her team offer to entrepreneurs and investors, visit http://karenrands.co