"It's not necessarily what the contract says, it’s how the other person understands it sometimes"
- Rob Grieve
The episode was filmed pre-pandemic in the Nylund shop.
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
Who is Nylunds collision repair [1:01]
Using an attorney doesn’t have to be only in times of bad [1:42]
How did Nylund start? [2:51]
Explain your decision to buy a business [3:03]
How did you find the business? [4:22]
Problem with a handshake deal [5:56]
How did you rebuild your relationship with that dealership? [7:59]
Just because a relationship deteriorates doesn't mean you can’t get it back [9:44]
Issues with the lease [10:33]
We created a win-win [16:40]
Conditions of the contract [19:10]
Handshake Deal [21:56]
Vision you go to think the long game [25:41]
How you decided to structure things [28:00]
Your business pays you rent [28:30]
The most important thing you learned [29:37]
The single piece of business advice every entrepreneur needs [31:00]
More Quotes from the Guest
"Everybody won and everybody lost" - Rob Grieve
"The vision, you got to think the long game" - Rob Grieve
"Our contract is a living document"- Rob Grieve
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