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When To Seek Legal Help For Your Startup With David Postolski Of Gearhart Law

Every creator and business founder reaches a point where they need to lean on the advice of a legal professional. But how do you know when the time is right? At what point in the evolution of your venture do you need to consult a lawyer, and how do you make sure that you're being as resourceful and pragmatic as possible? We thought the best person to talk to about this was someone that truly cares about entrepreneurs, someone that left a massive law firm to join forces with a legal partner whose mission was aligned with his - to help inspire innovation by working with brilliant founders from inception to help them navigate complicated legal issues. 


In our interview with David Postolski of Gearhart Law we dive into many of the same questions that first time entrepreneurs have when starting a business. The first half of the interview focuses on what to consider when thinking about Intellectual Property for your business, detailing what you need to do in the first year of your business and the costs you can expect around patents. 


We then cover more common questions, like when you should incorporate, how to avoid personal liability, when to create founder agreements with your partners, and why you should never pay for an initial consultation with a startup lawyer. David speaks with us from the perspective of an entrepreneur to make sure that you limit your costs early on while avoiding major problems in the future. 

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5/13/2020

From Running Three Companies At Once To Finding A Singular Passion With Michael Fenchel Of Paradox Ventures

Entrepreneurship is hard, but one of the basic tenets of being a creator is knowing that you can build something completely on your own terms. For Michael Fenchel, a young physics major out of Wisconsin who loved being a creator, that meant starting companies - three of them at once, to be exact.All three of those ventures ended up being successful, eventually leading him to start his newest company Paradox Ventures (prdx.co), a program providing personal development for entrepreneurs and leaders. But before that Michael stumbled with various failed projects, until he figured out something important - focus on adding value first, and making money second.In this episode Michael talks about how he was able to build one of the largest co-working spaces in Madison, WI (100State), while starting a software company that supported live music events (Prism.fm) and running product at BlueTree Network. In each example he was able to get the business off the ground and identify talent in his network that would then take over leadership responsibilities in the businesses.He also talks about how his experience launching and growing an education company called Breathe For Change inspired him to create a founder and leadership development business called Paradox that provides a true community for likeminded entrepreneurs that recognize the need to balance personal development with audacious professional goals.