Episode Summary:

In this episode of Enterprise Unleashed, host Kevin Rosenquist and business strategist/trial attorney Richard P. Corey discuss the universal application of legal reasoning for entrepreneurs. Richard explains how legal reasoning skills can help business owners make better strategic decisions, manage risks, and scale their operations effectively. He emphasizes the importance of proper contracts, risk management, and taking a calculated approach to business growth.

Key Timestamps:

00:07 – Introduction and welcome

00:56 – Why legal reasoning is crucial for entrepreneurs

02:17 – Impact on day-to-day business decisions

03:16 – IRAC equation explanation and application

05:50 – Common contract mistakes and importance of proper agreements

08:11 – Risk management fundamentals

09:05 – Key agreements for scaling businesses

13:35 – Coaching approach for different clients

16:23 – Working with experienced vs. new entrepreneurs

About the Show:

Enterprise Unleashed: Business Law and Innovation features experienced business strategist and trial attorney Richard P. Corey, nicknamed “the closer.” The show explores essential legal and business concepts for entrepreneurs, offering practical insights for business success. Connect with Richard at rcentrepriselaw.com.