Hello and welcome to today's episode of Empire school today. I am joined with someone who's going to be talking about something that you probably have not thought about before her name is Bob's Jemison, and I'm pretty excited because not only are we in my house right now, but Babs is also a client of mine and things started a little bit differently. She was building a business in a slightly different Niche doing things that well a pretty different what she's doing that. So badass welcome to impact school. And yeah, John just give everyone a bit of a background about what you are doing and why you're doing it sure. So when I started working with Lauren, I joined your course we back and I've actually been in Empire school for months now and but I joined as an online fitness coach trying to build an online Fitness business and I have a background as a lawyer. I've worked as a lawyer for years and years and Running is a bit qualifying five and a half and four fights like seven a half its total weight. So you have a good level of knowledge and expertise in that field. Yeah hundred percent, but I was just like so like probably many online business owners are I was just so done with like the world of like law firms and big corporate and stuff. I worked for law firms. I worked in the highest in businesses and I was just like done with like the politics and I just wanted to be my own boss and I love to go to the gym and things like that and I loved like I used to be a dance teacher like yours goes. Well, so I was like really into fitness anyway, and so I kind of saw that the way I did for me was to be working as an online fitness coach. So I did that for a few. Well, I see about a year and a half I felt was at that for and I was working with you and building my my Fitness business through impact school for a few months and then I kind of realized that it wasn't really what I wanted to do. It wasn't really the way that my business seemed to be going and what I was Finding was that every day I was Eating in the fitness world was asking me all these legal and business questions. And what I discovered was it like there is so many people out there that didn't actually fully understand what they were meant to be doing and yeah, we're going to talk about the importance of that today on the episode because my arm I have I learnt a lot of Since since you've made this pervert Yeah. Yeah. I don't think it's something that a lot of people are doing or like Noah baton things that obviously happen people are asking you for advice when it came to legal things. Yeah. Yeah, let's just dive in on that for a bit. So you obviously basically listen to the market. Yeah, it was you listening to your friends or whatever for sure, but you were basically taking on the feedback that was out there and I think this is so important because like I think often times our very best business idea can be right in front of us and a similar thing happened to me. Actually. I was really good at Fitness coaching and I built a really successful online Fitness business. What I found that more people were coming to me for was actually learning. How did you build this business? Yeah, right. It wasn't necessarily so much about the how how do I check my girls and all that anymore it then became that people were coming to me for something else. Yeah, which is what I realized that what I was really good at and you had so much experience in that. Yeah. I think that's what it was and I definitely felt more confident and it as well and I was getting people kind of knocking on the door a bit more about the fitness stuff. Yeah. So everyone listening today you are going to be getting some amazing information. So if at any point along the way of this podcast you realize wow, this is insane. I need this information in my life and everyone will at least one person who's following me would find this valuable to make sure to just take a screenshot share it on your story and tag the both of us do and tell them your exact handle is just bad Jameson. Would you want to see that out for them? Yes. It's ba ba sgem IES or n exactly and then I'm just at Lauren ticknor just share and then we'll Share on our stories, but I think the information that you're going to be hearing on this episode here today is going to be so valuable because I know that even as a business owner who's been in business by myself, since I was 18 19 years old, I really didn't take the legalities behind having my own business seriously for a very long time. And I know that we basically had a conversation. How does it how did you finally decide? You know that this is what you were going to go all in on I think like I was getting such a lot of satisfaction and like kind of just drive and happiness from seeing people coming from like they're growing their businesses. They're doing really really well. They're excited about the money. They're coming in the clients are bringing in but then they don't realize that there's all this whole other world of stuff that they have just not been paying attention to right and I was getting a lot of satisfaction from helping my friends from like running only businesses and things like that get things in order and I found it like a really good way to connect with people. I find it a good way to be like Involved in other people's businesses. I think that really kind of interesting and something that I really enjoy doing. It's like I get to into your business. I know you're letting this but you were like I'm losing about was like super nosy. Yeah, I could put into your business and be like, right. So this is what your business does you need to do. It signs in that's going to sort out. Yeah, and it means that you can it's guess I Fitness coach like it goes into the lives of all the individual people that they're working with for me. I just find actually a lot more interesting to go into the businesses that everybody's running and help them Hannah make it legit and Not have to worry. I feel there's a lot of people that were setting up at night. Wondering am I doing this? Right and I can't watch tax. Am I what happens if somebody takes my business ideas what happens if someone steal my clients what happens if someone doesn't pay me all these questions that are actually really really easy to answer but that people who don't have a background in it find it really overwhelming. Yeah, because there's so much legal. Jargon. Yeah, just like when someone gets into online marketing, yeah and they start seeing all these different things like Facebook. As and campaigns and and like PBC and let all these different like toms and terminologies. It's super confusing and super overwhelming. And so that's why I think what you're doing is highly valuable time of when you mentioned to me that it's something that you would be interested in doing. I was just like whoa, because no one's doing this. Yeah, no one's doing it and not only people that you here talking about the legal side of businesses literally old men in America. Yeah, and the problem is I have been trying to find out information and and when getting contracts made and things like that and I like to hire people who I can listen to on a book laughs right? I don't like to do things in the typical way in which you phone up a company and then they give you a quote and then they do the work because how do I know if they're good? I kind of Judge it based upon how good they sound on podcasts and what content I've seen on theirs and I think that's interesting because I would say I'm sort of the new age of business owner and I'd say a lot of people operate how I do as my dad he would do it way differently. Yeah, and he would just do some Googling and probably find what's the best book based on SEO almost on referrals? And so I think it's really cool that this opportunity is here for you now, and I think that you're making the most of it. Yeah, and I think that you know, the time is only going to keep going by and so people listening to us right now be like Babs and make the most of the opportunity that is here right now. Now and actually start something and I'm rude you're going to be able to help so many people. Yeah it is. So this is obviously what you're doing. Now. I know that everything that you're doing is in such high demand and so because of the fact that it's in such high demand, would you be able to give us a bit of inside of information right? I want to share with our listeners about how they can protect that Empire legally so that let's just say someone tries to sue them they don't lose. Dane go bankrupt and their business crumble. So I feel like every really valuable if we could just start from the beginning. Let's say they just don't have any legalities in place in that business. Yeah, what are some of the most important things to have in place for a client business AKA someone who is an online coach or a consultant or their own agency? Yeah. What's the most important things for them? So the first thing absolutely first thing is this the thing that I always do my clients is to make sure as you see that everything is set up properly. Up early. So whether you choose to work as a sole Trader IE, just you just learn techno just me or if you want to work as a partnership with somebody else or if you want to stay up as a limited company and I feel like people don't really feel you understand what the difference is between all of those are so if you're running as yourself or just like in a kind of informal partnership with someone else what you have to realize and appreciate is that if you get sued for something if you do something wrong someone fight if you get fined by the way, Ricci body which people think it doesn't happen really does and or if you get sued that's all your money. That's so that's what they're going to come to you Lauren ticknor and take all your money because you are a sole Trader you're not protected yourself in any way that's fine as a kind of way to start I and it's quite informal and there's not a lot you need to do but it does expose you to this extra risk. Okay, so I have a question on this. I was a sole Trader when I was first doing my online fitness kitchen, then I was told us Soon as I was making 80 grand a year, I needed to register as a limited company. Yeah, so that's that's kind of true but not fully true. Okay, so it's kind of true because you have to be in start when she hit eating and a year you have to start charging for that. So that's why it makes sense to roadsters limited company. However, you can register as a limited company to deal with no money. You need like 30 quid to register a limited company and the benefits of having that is like you only lose what you've put in so if you put 500 closer into your company Crank that is my personal investment as a shareholder in the company and I'm going to use that to say out this company. That's all you're going to lose. So if someone Sue's you they can't come after your house your car everything's in your new hairstyle Bank can only come after what's in your company bank account which could still be a lot of money. Yeah, but he can't make you bankrupt got you'd only shut down your company. Yes. So this is really interesting. So first thing I want to say on that and just about this episode of impact school in general is that we obviously We talking based upon the UK laws. However, I can imagine that it's probably pretty similar around the world whether you're in America and things like that, but Babs has examples I guess pretty much that's what we did this. Are there going to be based on UK law. But at the same time it probably is quite similar or around the world. Just if you're in another country, make sure to do your own research, but Babs is going to be highlighting the importance and sort of some first kind of steps. And so this is going to be valuable for every single person. Listen all around the world. If you've ever made 1 pound 1 dollar 1 Yen, how you say it from anything online or whatever. So just on this topic a sole Trader. So if I let's just say I am going to do some selling some stuff on eBay. Do I need to register as a sole Trader to do that? If you're going to sell like some old shoes and I don't know hold handbag something like that. I really really wouldn't bother like you're not conducting it by way of business. You're probably going to meet I don't know a couple hundred quid if you're being really honest hmrc aren't really going to cure but the tax authorities aren't really going to care too much about by the way. Those quit means pounds just a thing. You can fish Scottish fellow Americans probably don't know what it means. Well, I'm actually qualified me years as well. Oh I can also help me. Yes stuff. Yeah, that's cool. Yes. Okay. So in order to answer that no, I okay. So hang on hang on so, okay. So fine selling stuff on eBay whatever so I am an online coach and I don't have any clients. I still set up some to Company Limited. Yeah. Okay. Tell me why because whatever you do you are protected. Okay. So even if you only ever get three clients and you only ever make 1,500 quid something like that, but somebody Sue's you can still sue you that one but one of those clients could still sue you and it means that the money that's in that akane the stuff they're assets and the money that your business orange that's the only thing we can go in and kind of have recourse against okay, so if I'm a limited company and I'm making I have these three clients making fifteen hundred or whatever. Well does that mean I have to still submit my VA T returns know you only need to charge beauty or in America sales tax? Once you've hit a certain threshold, so I can't remember off the top of my head what it is in the States but in the UK, it's like eating and dozen a year interesting. Okay, that's really good to know. Okay, so just on the topic of getting sued, right? So anyway, so hang on we spoke about sole Trader. Yep, which really people probably shouldn't do. Okay. So in America, that's the sole proprietor. Yeah. So in America, they can either be an LLC and escort a c-corp is the same things apply that That I feel like it's a bit different. I feel like maybe no one else has this is this type of thing specifically, it's probably maybe better for an accountant as to whether you should be an LLC and Escobar C Corp. Yeah, you can work with a lawyer or an accountant. Okay, either of it. Like if it doesn't matter people normally go to accountants because they're a little bit cheaper for this kind of thing like think and this is one of the reasons that I provide the coaching that I do as well is because law firms are inherently very expensive this kind of stuff. Yeah, we're as accountants can Which is why you're you're also teaching people how to expand. It's such a valuable thing to know because it's also not only is it helpful for you, but it's also, you know, it's kind of a cool thing to be able to tell your friends there. Oh, yeah. This is what you should be doing in this area. Like I just feel like it's such a valuable skill to know the law because unfortunately, it's just something that none of us have any control over we have to play by those rules. This is the thing and if you have everything in place and you have everything sorted and you've particularly as much as you can it doesn't Keep the risk, but it really reduces your risk. Yeah, because then if someone comes if someone threatens to sue you, you know how to act and when you understand the law, so okay. So I guess like when it comes to the difference tune, LCS, corpse Eagle Panola. Do you personally to have any sort of understanding of how people should go about making the decision to be honest if it is like you're setting up an American company go to an American painter. Yeah, but I found generally an LLC or fit for me. Most purposes but I would speak to an American accountant. Yeah, because like that type of specific thing is more so about like your tax it helps with your tax. Yeah Okay cool. So I feel like we've got Clarity that so talking about getting sued again. So one thing which I feel people don't purchase is Insurance. Yes. Okay. So can we talk about having insurance as a Us owner. Yeah, and if you're running a business at the moment and you don't have insurance in place, you are running an incredibly incredibly high risk. So as I spoke about before it when you have a company in place, it means that we course Colonel biggest company and not use an individual that recourse shouldn't even happen to you as a company. If you're paying your insurance premiums and something happens. It's covered by your insurance. So you want to make sure that you've definitely got like professional Indemnity cover in place. If you're selling a product tell me what that means, sir. Looks like your services your Professional Services that you're providing are covered by Insurance. What does covered by Insurance actually means so it means like I think this those sweet like easy, I forget how to make a dime right? And so it covered by Insurance means that you basically pay a premium amount every month to insurance company and you are if you're sued for instance you'd be covered up to like a million pounds if that's what the cover on your insurance is, so So if you're sued for 500 Grand you're covered if you're sued for 1.5 like five you're covered up to a million. Yeah, so the extra 500 K is on you. It's on you. Yeah, got you. Okay. So professional Indemnity insurance. Yeah. Okay. So can you tell us what Indemnity actually means? Yes law Indemnity means putting you back in the position you were in before. Oh, okay. Yeah, so actually you'll see Indemnity and like contracts and things if you sign up for terms conditions if you do like it. Brand deals or client contracts that kind of thing. You'll see the word Indemnity and it basically means putting somebody back in the position they were in before. So if you indemnify me and you've done something wrong and you've cost me a thousand pounds, you have to put me back in that position. So it's like okay. This makes perfect sense now Okay, cool. So insurance is that any sort of other insurance that people might need yeah. It just depends definitely you need professional Indemnity insurance and most insurance. These providers will just provide kind of General business insurance. But if you are selling products, you need product liability insurance. Yeah public liability as well public liability. Generally. Yes, if you're working with the general public. Yeah, right. Okay. So I guess like the majority of people who do client work with that will be covered should be covered in your kind of General business insurance. So she usually covered in that and then you'll have employers liability insurance if you have employees, there's people who wouldn't yeah, can we talk about the yeah. Most startups won't have people working for them. And then when they eventually do it will probably be more on a kind of contractor basis. So don't really need employee employer and liability insurance. But if you eventually have people that you take on as employees you need that. Okay, so let's dive into this because I know that we've been having quite a lot of conversation about this lately because Bob's help me with all my contracts for my contractor's. Yeah, so This is an interesting one because I only recently realized that it made more sense for me to have my team members be contractors. Yeah, rather than employees after I had a conversation with my accountant. Yeah, so I didn't really understand this before. So can we highlight the difference for people so that they understand this so contractors basically people are King on a self-employed basis for you, so they can work in the same way that this wasn't for they can work as a sole Trader or they can work through their own limited company, but they're working on a self-employed basis. So you're not their employer you give them work and you pay them a fee for that work and but that's kind of weird ends. If you have an employee you are responsible for things like maternity P sick pee-hole DP any other kind of obligation that goes a long? Along with employment you have to make sure there's certain employment rates their people have to have yearly appraisals. There's the whole kind of rail the whole world that most of us have probably experienced being in the workplace. But you have to have if you have an employee. Yeah. It also means you have to pay income tax and National Insurance or Social Security payments in the US and on behalf of your employees, whereas if you just have them as contractors, you don't have to deal with any of that stuff and they pay for their own tax. Yeah, I mean it sounds very much. Like it's way more beneficial to have them as contractors. Yeah, the same time something that I have found is like well if there are contractor they can't just be committed to your company. You can't legally force them to only work for your company, right? Yeah. So are there any other negatives to having them as contractors? It's basically you just need to make sure if you have contractors, but they don't look like employees to the tax authorities so you can have them do. Do things like the can have to turn up to your place of business every day? You can have to you know, you can't make them comply with your policies and procedures, you know, like health and safety and things like that because it just doesn't make sense. Right and you can't basically have them integrated into your business. You have to purely look like a third party supplier and there's like changes. There's actually tax law changes that are coming in and equal to 20. So it's not long over six months away. This is in the UK. And maybe heard some their cold ir35 changes that it basically means that the tax authorities are going to become a lot more stringent on this stuff. And if a contractor is providing Services through a limit the one limited company to your limited company, which is a thing and that if you look at all like an employee that everybody there can be fined by the tax authorities. So it's about to get a whole lot scarier cell. Damn. That is crazy. Okay, so see this is why it's important. Want to know these things because like yeah, I would have no idea. Otherwise, what is the I have no idea and that's in very interesting. I feel like a lot of people who have online businesses a very liable for this type of thing. Yeah, so, okay, so we obviously spoke about that now, I think that one thing here is that we need to talk about contracts between these two parties. So first of all, let's talk about the agreement between a contractor and you and then also the agreement Doing you and your clients. Yeah, because I feel that this is just so important and it's something that so many people just don't do you go by email or they go by just like messages and it's just not good enough. So let's first start with talking about I'd say because it's probably more relevant for them dry to people but the agreement between a client and then also, you know between the client and then you because I know that you helped me. Out a lot when it came to me helping my clients with this particular topic. So can you help the listeners of this episode so that they can understand you know, what needs to be in place for them to be backed and enjoy that their clients can't disregard their agreement. Yes or something. I hear a lot from people is all but my clients would just get annoyed if I sent them stuff and I don't want to hang them and I don't want to make them print something out and saying it and scan it. I can and actually if you speak to someone who knows that the stuff you realize that that's not even essential and actually the protection you get from just annoying them for 2 seconds is actually we like it. We outweighs the cost and you're not even really going to annoy them from what I'll make sure to tell you which is you don't actually have to have them print stuff off sign it scan it back. It's a lot of people think that you need to do. You can literally just say to them here are my terms and conditions. If you don't agree to these you don't need to go ahead with these are But since you don't need to purchase this program, whatever it is, you're selling or you can have like an online kind of signing program as well. If you want them to have an actual signature to it. But basically when you have that document in place, it's going to make sure that they can if they are going to ever sue you for anything that they're only going to sue you up to certain amount you want to limit that so again, we spoke about having the insurance in place. You don't want to use all that insurance on one client. So you want to make sure that that's limited and as low down as you possibly can but you also want to make sure that They have kind of requirements in place to make sure that you pu at a specific time because if you end up having to like go for people for payment if they've not made their subscription payments that kind of thing to you. If you've got paid for products that they've purchased you just want to make sure that you have something in writing that says that they were meant to do that so that if you ever have to take this further here, I have to go to court or goes to some kind of like credit agency that kind of thing that you have something in place that says that you're entitled to yeah. Can I Just say as well. This is one thing that people don't think is ever gonna happen to them. So people think oh, but my clients are amazing. They'll never do this. I'll never not pay me. But unfortunately when it comes to money people act way out of character and so I've had it multiple times where my really good clients have not paid. They've gone off the radar. They just vanish and fortunately we have really good. Thanks to you. We now have really good, you know contractual terms and conditions and everything like that in place. And we also have a full-on team of people who are going to go ahead and Chase those payments, right? So obviously when you're first starting out, you don't have that team to chase the payments, but if you have the correct terms conditions in place, then you don't actually need that team because if then you were just like going to get a lawyer on them, then you're going to be winning, right? So for me, I have the team because I you know, it's Easier for me to spend a bit of money every month to have that dealt with because that for me it's like a lot of efforts after I should take one client corn this probably you are not going to be so worth it. I don't know but at the same time like if I didn't have that tons of dishes in place, then I'd be screwed because there's no reason for them to actually pay me exactly and if it ever did go to court and it's unlikely, but it could yeah, if it ever did go to court you then have to prove that you were meant to deliver a service right? What time? School becomes very complicated if you have all written down and they've said yeah, this is fine by agree to this. There's no regulating out of that. Mmm. Okay, so let's talk about writing it down. So would it count if it was in like Facebook messages or Instagram DM's so it's not a legally binding. Well, it is a legally binding contract technically, but it's important because it's written down but it's not easy for a court to ever look at it and see this is exactly what the parties agreed. So it would make any court process more time consuming. Aiming for more expensive. Yeah and much less certain as well because there could be obviously different interpretations of what somebody men and iMessage and some might say yeah, I'm totally up for that and you've taken that as I am paying for the program, but they didn't mean that at all. They just meant yeah, that sounds good. Whereas if you've got this all written down the contract that someone's either said to you by email. Yeah, that's good too happy with that or the signed it then there's very little room for error there. Okay, but surely it would make more sense. If when you're signing a contract to a client the client can actually understand the contract rather than having all these this ton of legal. Jargon in there or a hundred percent and that's final eight lawyers like me and other lawyers that work with online businesses. They really make an effort to make them kind of easy to read and as user-friendly as possible because there's another argument itself like a client. If you ever did have to go to court if there's ever a dispute they would have to go to the judge and then they could even have a very good arguments trying to see why I don't understand what was in that contract. So I think it's really important to make sure there's like a happy medium that the contract covers you in every way that it needs to but that it's also easy for everyone to understand because also if you don't know what you're saying up to a lawyer might have told you it's fine, but you need to understand what's going on in your business as well. Yes, so true love. Well, that's yeah, it just goes to show the importance of actually doing things properly. Yeah, right. So figure Empire. Yeah, Liz you can take some time by know. I love it. And that's the name of that. His business by the way, if you didn't already got that so cool. Okay. So right so you need to obviously have this in place with your clients. How about with your contractors? So with your contractors as I mentioned before an important point of having a contract in place with them is to make sure that they are definitely contractors and they don't look like employees so you don't get fined by any tax Authority. So that's a big part. But another part is as well that you want to make sure that they're not taking your clients. They're not taking your work. A big thing with Fitness coaches that I've seen a lot of is like they start to grow your online business easily bring in people to help them other pts other nutritionist and then they take like their nutrition plans and their training programs and things like that and nobody has anything written down to stop them doing that. And even if that one went to court they could probably argue that they had something to do with creating it in the first place and it all becomes very messy and it all starts from a good place of but I really trust that person that I got on with them really well and they would never do that to me. Unfortunately in business that's just not the way that it goes a lot of not just business but also life like let's just say, you know, sometimes you're married to someone 20 years. Yeah, you have kids together. You have a life together friends. You've maybe even got business together. Then the woman decides to cheat on the man and the man decided to like take her voice. She's worth and just like take her to the ground and these things happen right in love. So of course, I gotta happen in business as well. Imagine this right you have been working for five years to build up your business to a level. Whereby you have contractors you have coaches working for you. Those coaches have relationships with your clients. You have all this content. You've been working on tons of stuff and then suddenly one of those coaches leaves takes all kinds of they've been working with take all the content that they've been working on and tries to basically say that now they they were doing their own thing. They didn't have any requirements before filling anything for you. That's what can happen. If you don't legally back and protect the things that you're doing. Okay, this stuff is so important a hundred percent and this is what I always say to my clients is the money you put into protecting yourself now is we we list then if somebody does exactly what you just said and takes all your clients all your work or your everything you spent five years building up it can go overnight. Yeah, it's just like the cost of not taking this seriously. Yeah, and so it's it far outweighs. That so Bob's I'd love to ask you just one more on this. I've got a couple more things that I can think about when it comes to what I think is important for our listeners here today here on impact schools podcast make day make sure to hit subscribe if you have not done so already but would you be able to quickly just share a couple of other things that you feel are really important people to pay attention to? Yeah. So why not that is my biggest bugbear ever and that is and dealing with the new GED. Our loss of come into place know that is the new decent protection rules that are affecting everyone all around Europe and the UK, but also people in the states as well as basic and everywhere else and everywhere else and but it's basically it impact in a body that holds any personal data of any use of certain so it could be I don't know I company based in New York, but there has a client in London. There's still going to impact them. So it's business relevant for everyone and so many online businesses don't It seemed to be registering with the data regulatory Authority in the country that the operation so the UK that's the Ico the information Commissioner's Office it cost 40 pounds a year and it basically says to them that you're holding personal data and you have to do certain things when you're holding people's personal data know that can be like Bank details. If you're a fitness coach, it could be like measurements before and after photos that kind of thing, but it can hear it can also be things like name and email address. That is pure. So beta if you hold that you will parcel data you need to be registered with the Ico. But you also need to have in place certain things. So you need to have a privacy policy and a cookie policy. If you've got any online presence and by that, I mean website landing page Facebook ads that kind of thing funnel anything like that, but you also need to have like an internal written down process that you actually stick to to do with personal data. So you need to know when you're going to delete personal data after how much time and you need to justify why you need to actually do that. You need to encrypt certain information. You need to password protect certain information you basically if you if you're working on your laptop at home and leave it open in a house where other people are and ghost bathroom. You've reached the dish protection rules while is things like that. The people just don't think about somebody can come to you and see can you give me all the personal data you all done me and you have to give it to you have to have a process in place to be able to do that. So you need processes. You need to be registered. I'll make sure I'll leave the link to the I see you I see. Oh, yeah, first time Bob said it to me I was thinking about like blockchain and I was like going I thought she meant and if you want to bring so funny because I got all different ballgame. Yeah. Yeah, definitely. So the other thing that I wanted to touch upon is like, okay. So back in the day I used to sell tons of e-books, right and I got a massive load of scale on that now, I don't believe this is the best methodology to build your online business anymore. Yeah, I now believe in obviously the impact Chopper that I know, you know all well and good about from info schools Academy, but what I'm doing about is like I had all these ebooks all this content courses all that and then what I found out was that my ebooks had been put on some illegal torrent website. Okay. So the ebooks have been put on this torrent website and people would just download them for free and like exchanging them. And so I was really annoyed about that. I emailed a couple them. I had a response back from someone. But what can I do because here's the thing. I had copyrighted these ebooks by putting the copyright symbol and the address at the back of the page. And so yeah, what are you do that? So the thing with all this legal stuff is that it can't stop people doing stuff. It just gives you something to do a course of action if they do it, right? So like if someone's feeling on the road, you know, you'll speak you can still see if you want but if you're going on Caught speeding then you can get fire. Yeah, you can get points on your license. You can go to jail that kind of thing. So that is the recourse that the government has against you if you speed and if somebody takes your work that you've written you if you have copyrighted it then you have better recourse against them. And if you ever had to go to court if you like made a lot of money off of it and you wanted to sue them for that. The thing with copyright is actually it automatically arises as soon as you write something. Page so if I ever ate a little short stories myself right now, that's my copyright. I own that I don't even need to write copyright on it. It's better. If I do I if I write copyright property of births Jameson and you can even register copyright if you want not a lot of people to it, but you can do it all of these things help protect your work a little bit more so that in the event you did have to go to court. It's again easier to prove right? So sort of like different levels of protection right here. Okay in Arresting so where do you kind of draw the line? So with copyrighted work? I would like to just make sure that in all of your terms and conditions on like your website and things like that that it says everything on this website or everything in this funnel or whatever is my copyright and you can't be produced that you can't copy it you can't send it to anybody else unless you give me credit for it. Mmm interesting Okay, cool. So I feel like I just wish people would take these things more seriously a hundred percent because what I always say to my clients You can take three years to build something that can be destroyed overnight. And that really is what it means. Like there's you should see them. I've like cases out there legal cases or finds things like that. I mean the ICU the protection authority in the UK, they can find you up to hundreds of millions of Euros, or I'd like a certain percentage of your annual turnover and these are big big numbers and the more kind of renowned and Prevalent, you becoming your industry the more well-known you are the more successful you are the more likely you are to attract attention and it is the stuff is just so so important and you can put all this time and money and effort into and it could all be gone because someone finds you that someone steals your stuff a client doesn't pee have one massive P inclined and they just stop peeing and you crumble all of these things can happen. There's a list of about this lens. So why are you so passionate about now building your business based upon this Because I feel like this is an area that is so untouched for so many people people just don't understand it. People are going out there and being really entrepreneurial and creative and everything. I working from home and build these amazing businesses and this is unreal, but they could lose it all and I feel like if people put the protection and the security and police early on when let's face it. We probably got a little bit more time and they have the actual opportunity to set us up properly. They don't need to worry about it. Later. During the line. That's what I really really want to promote. We don't want small business owners and entrepreneurs with other night thinking. Oh my God, like what if this like, you know things have gone a little bit wrong that relationship starts school, but sir, what if we steal things from me? What if this happened what you don't play me? Like we want to make sure that everybody is in a really solid position with this stuff. Yeah. I mean it's like, you know clients like being slanderous and social media. Yeah, maybe if you do one thing wrong, yeah. You know, that's something that you need protection against a hundred percent message gets out people just think all it's never gonna happen to me that happened to me. This is why I love what I do so much because I get to help people let you build businesses that kind of help other people hundred percent and it's so cool. And so I'm super grateful for that. So maybe just on that topic just because you've had a taste of impact schools Academy before everyone else Babs. You just be able to share with our listeners how it's been helping you actually get all of this done and have clarity. On moving your business forward. Yeah, so I run this business at the same time as working Freelancers Allure. So it's like that's more than fill time errors trying to run a business on the side as well. It's a lot and one of the biggest things that impact skills given me is a CD of structure to follow to make sure actually do it and that I get shows that if I do it in a very nice way and because we hold you accountable, that's the thing like I'm a very hard worker I'll get up and do my work but I want the time I'll be doing the most urgent. And I'll be doing the thing where the deadlines coming up and actually the most urgent thing should probably be growing my own business and that's the biggest thing. Absolutely and what should I help me is having the coaches on board as well because they've all got a kind of definitely of expertise and a different slant they be looking at things in my business or a different perspective and but also just having like the systems and the processes in place like that for me. I'm not super up on the tick stuff. It helps me to kind of have a full through of Like where I start in what my funnel looks like at the beginning how I'm going to get clients through that funnel and home going to provide the coaching services at the end. So it's really helped me a lot. And I also think it's interesting hearing you say about how you like that there's different coaches something that I get often times from people who are actually scaling they're like mu but people because I work with some higher-level people as well people who have like been in business for a while and now they're trying to scale past sort of like 10 or 15 grand a month trying to get to like 25 30 40 Grand a month, you know and Beyond these people there at the stage now where they need to bring on other coaches and Consultants into their company so that they don't have to do all the client delivery. And so they say to me. Yeah, but lot like one of my clients Emily's perfect example, she'll say to me. Yeah Butler and they come they come to this program for me. They want me and so what do you say on that? Because I know that for example, you've done some cause they're like cash. And Mary Louise and so cash is really good on when it comes to mind set marie-louise on productivity. Yeah, so I know for sure that I don't have the patience to optimize your schedule as much as Marie Louise my right so how what's your opinion on that? And how is it made you become something bigger about your business as well? Well, the thing is as well is that you're not going to be able to deliver that level of service as one human to everyone which I as a business owner. I understand and other business owners, I would think. We understand that as well. You'd be surprised. Yeah be surprised but also like everybody has their own specialty exactly your specialty might not be what one of your other quotes our specialty is and that's why you would bring those people on and that's why I guess as your skill in your own business you want to bring you on people who kind of pull you up and said bring up that offering more like and I actually just like having the different personalities involved in my business as well. No, I totally agree like for me I'd say my my zone of Genius is really Helping those people scale from like 10K a month aren't words to you know, hitting like a hundred gay, but that cuz that's what I've done more recently. And that is what I feel like I can really Thrive at and that I understand my can see that sort of bigger picture. Whereas like I can't deal with those like intricate details, which is why I as a business owner. I bring on those contractors you help me do that for our clients. And so it's super interesting because like I think just hearing you say that I think it will help. People understand that maybe when they want to get a coach doesn't necessarily have to be that one coach or when they're building their coaching companies. It's going to be fine for them to hire other groups as well hundred percent and I also think if you bought into that culture you trust that person you have to you're trusting your beer judgment with your business. You have to trust their judgment with how their that they'd be gone like that. That's amazing. Awesome. Well, it's been so cool having you on is there any any last thing that you want to tell people? I know that you obviously have this awesome new program that you've developed with protect your Empire and you know that you're currently like maxed out. So, how can people join your waitlist come they just message you on install something. Yeah. So if you just get me at Babs Jameson or Instagram or a bad Jew Muslim LinkedIn as well and they are but just drop me IDM on either of those. Yeah as Lauren mentioned and my weakness is getting quite long. So get your name on it Hallie. I know absolutely because I know for sure that you're going to be extremely successful. I'm just I'm so excited by everything that you're doing and it's something that everyone needs right? The industry needs it so bad. And so yeah, be sure to just you know, just get on this then Bob's a message. You will not regret it. And yeah, so thank you so much for tuning in today. Remember to share this poker as I'm sober just one person and if you want to jump in to the program that Babs is on right? Now you can just go to new online coach.com for stash workshop and then you'll be able to watch a workshop which is basically going to give you the old way of doing online coaching and Consulting, you know, typically selling check-ins and selling like ebooks and just things that are going to leave you stuck in the bottom 80% of all online coaches and consultants and then I'm going to show you the new way right the new way of doing online coaching and Consulting so you can build an extremely successful business like Babs. I'm really take your income to that next level, you know, maybe get to your first 10K per month, but then scale Way Beyond that so I'm going to show you the new way. That is new online coach.com forward slash Workshop. Be sure to check that worked up is going to change the game for you. Thank you so much for tuning in. Make sure you hit subscribe. Be sure to share this episode with someone and we'll see you next week.
You CANNOT afford to miss this! In today's episode host Lauren Tickner is joined by lawyer and Impact School student Babs Jamieson for a deep dive in to the legalities of running your own online business so that whether you've just started or you're already up and running, you can make sure that your empire is protected. Here’s a FREE training for anyone who wants to START an online coaching business, and avoid the 3 biggest mistakes that cost virtually every new online coach time and money: https://newonlinecoach.com/workshop  The Information Commissioner's Office : https://ico.org.uk/  In this episode, Lauren and Babs discuss:  (0.45) Babs' background working in law and fitness (8.10) Where to start with protecting your business legally (12.08) Should new online coaches set up as a sole trader or a limited company? (15.26) Having insurance as a business owner (18.56) The difference between hiring contractors and employees (21.35) Creating agreements the right way (30.50) GDPR regulations Link to ICO (33.25) Copyrighting your content  JOIN the Impact School facebook community: https://www.facebook.com/groups/impactschool/  Follow me, Lauren Tickner, on social media: Instagram: www.instagram.com/laurentickner YouTube: www.youtube.com/c/laurentickner LinkedIn:  https://www.linkedin.com/in/laurentickner/  Follow Impact School on Instagram: Instagram: www.instagram.com/impact_school 