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Ep 54 // The Legal Landscape of Building a Business

Teagan Rowland

Legal landscape of building a business
Learn the legal side of building a business



Episode Description // 

Welcome back to the We Grow Together Podcast! After sitting down to share her advice for building a business from the ground up in episode 49, Laura further explains the legal side of creating a business from an idea to the physical product. She discusses the importance of idea generation, creating a solid business plan, securing funding,  building a team, and effective marketing strategies. Laura shares her personal choices when building her businesses while emphasizing the need for commitment, the value of self funding, and the significance of community for a successful business  She also highlights resources available for aspiring entrepreneurs, particularly women, to help them navigate the complexities of starting and running a business.


Topics Discussed //

// Building a business requires a solid foundation.

// Idea generation is a muscle that can be exercised.

// Commitment to your idea is essential for success.

// Self-funding gives you more control over your business.

// Failing fast and forward is key to learning and growth.

// Family and friends can be valuable sources of funding.

// Legal representation is vital when fundraising.

// Quality and community engagement are critical for business success.


Episode Highlights //

[00:00] Building a Business from the Ground Up

[03:05] Idea Generation and Qualifying that Idea

[10:11] Coming Up with a Business Plan

[11:53] Securing Funding for Your Business

[12:30] Self Funding

[17:02] Family and Friends

[20:40] Loans

[24:01] Hard Money Lenders and Private Lenders 

[24:45] Investors

[28:58] Angle Investors

[31:19] Crowdfunding

[35:25] Funding Questions 

[37:33] Building Your Team and Developing Products

[41:00] Marketing and Launching Your Business 


VISIT THE MILL AT ETHEREAL FARMS TO ENJOY PENNSYLVANIA WINE COUNTRY // https://etherealfarms.co  


Please subscribe and like the video if you want more content like this!  If you have any other Q's, drop them below. 


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personal website // https://lauradifrancesco.co

ethereal farms website // https://etherealfarms.co

flourish website // https://flourishcoworking.com

dean street law website // https://deanstreetlaw.com

ethereal farms instagram // https://www.instagram.com/etherealfarms

dean street law instagram // https://www.instagram.com/deanstreetlaw

daily inspirational texts //https://my.community.com/lauradifrancesco


SIGN UP for my daily inspirational texts!!  https://my.community.com/lauradifrancesco


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Comments


Reviews from people who loved flourish

"I attended a networking event at Flourish and it was fabulous. I loved meeting so many forward thinking women and the space was beautiful. Laura and Shelley were so kind, attentive, and generous with sharing and problem solving using their unique entrepreneurial backgrounds during a round table discussion with the attendees. Would highly recommend!"

Sara Fitz Lindquist

"Flourish is a beautiful space! I rented part of the space for an hour to do a photo shoot for work pictures. Lots of natural light which was great for pics. Easy to schedule and great communication with owner to make the reservation seamless."

Marci

"Perfect space for ANYTHING! I've had photoshoots here, events here, and even come twice a week to meet with my team. The space is stunning and I couldn't recommend it more. The owner Laura is the sweetest human ever AND you can bring your furry friends!"

Rileigh McPhillips

"We hosted headshot mini sessions here and it was perfect. Beautiful interior, relaxed environment, easy to get to, convenient parking. The whole process was super easy. Thank you!!"

Allison Barto

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