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December 7, 2022 19 mins

"One problem that people run into is co-mingling their business and personal assets"
-Andy Contiguglia 

Show Notes 

Mistake # 1-  Piercing the corporate veil, mixing business and personal assets [1:51]
Mistake # 2 - Not having a formal business structure [3:35]
Mistake # 3- Ignoring securities law, before people invest in your business Gofundme, friends or family, investors make sure you're not violating securities laws [6:00]
Mistake # 4- Not creating founders' agreements [8:00]
Mistake # 5- Lack of legally binding contracts [11:00]
Mistake # 6 -Poor hiring practice [12:00]
Mistake # 7- Neglecting shareholders [12:50]
Mistake #8 Failing to create your intellectual property, every contractor or employee, should be required to assign the IP rights to the company [13:53]
Mistake #9 Data breaches[16:00]
Mistake #10 Starting your business without a lawyer [17:00]

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