"Quick to realize if someone used one of our machines and got injured, we need a proper release form" - Greg Odom
We are bringing you the "Don't Skip the Legal" podcast. A place where you can learn how to grow your business and build a better future for yourself and your business through the lessons and experience of other business owners, just like you. You know there are legal hurdles on the horizon that need to be taken care of before they grow out of control. This podcast will help you learn to make a strategic response to the constantly changing business landscape during stressful situations reassures, and empowers you with a framework to respond and take smart actions so that you can protect yourself, your customers, and your business's future
SHOW NOTES
What is a trimming company [1:31]?
How did you decide this trimming niche was the entrepreneurial way to go [4:23]?
How Andy & Greg met 12 years ago [5:32]?
Quick to realize if someone used one of our machines and got injured, we need a proper release form [6:03].
Now that I had a business partner, I needed an operating agreement
Making sure people who were using the trimming equipment for marijuana were lawfully using it. [8:15]
Waiver protected us , if the cops confiscated it, you still owe us the funds [8:49]
So much regulation in the grow industry [10:01]
Our biggest problem was banking [11:45]
What’s going through your mind as you build in this risky industry ?[13:03]
A learning experience in a new industry [17:00]
Built a brand. Now considering licensing vs. partnership [18:00]
Business partners have skin in the games [22:00]
How are you managing brand management as your brand grows? [23:00]
What are you doing to maintain Greg Odom work-life balance? [24:00]
3 ways how a lawyer has helped you in you business [26:44]
Where can they find you Greg? [28:00]
MORE GUEST QUOTES FROM THE INTERVIEW
"(We were) Protected if the equipment got stolen they were still liable"
- Greg Odom
"We were able to recover the money because the contract said that even if the equipment gets confiscated by the DEA you still owe"
- Greg Odom
"I worked hard to be able to work hard part of the day and play the other part "
-Greg Odom
"Do more when you are younger and enjoy life a little bit more" -Greg Odom
"A lawyer guided us on what's legal and not legal" -Greg Odom
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