Today in the studio, Glen McCluskey is back for a second mentoring conversation. We discuss buy/sell agreements, nonprofits status, and licensing inventions. Writing a business plan before starting a business is the best time to sort venture ideas out on paper. If you start your business without a plan, it is never too late to begin the process.

Organizational skills are taught. Where did Glen learn his organizational skills? Here is a hint, it wasn’t in school. We also discuss his contributions to the Hennepin County Bar Association, his view of technology and his favorite apps. One app is good for vacationing where you can track where you have gone. You will find out what parts of the law he stays away from, what parts of his law practice bring him great satisfaction, and a few group connections where he helps and drums up new business.

Lastly, in contract disputes we rely on the law to help us resolve them. It is important as a business owner to know your rights and responsibilities when putting contracts together. Hear why. Download 

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Mentoring Tips:

• Read the two articles Glen published on LinkedIn listed below, under the Mentoring Conversation Resources.
  • The first article is about licensing your idea entitled License Your Idea, Sell the Brooklyn Bridge.
  • The second article is about business planning, Get It In Writing.

• Assess what kind of agreements you need in place to protect yourself and protect your relationships if you own a business with other partners.

• In your work, what brings you the greatest amount of joy and satisfaction?

• Solopreneurs, a new group is forming in April. If you are in a solo practice, consider joining. Go to https://wementor.com/e-l-m-labsmentoring/ to find out more information.

• Get INVOLVED Wednesday, March 8^th, on International Women’s Day. A General Strike in the United States: A Day Without A Woman. (www.womensstrikeus.org) It is an opportunity to act together for equity, justice, and the human rights of women and all gender-oppressed people. Four things you can do:
  • Men and Women, Wear RED, in solidarity,
  • Do not engage in paid and unpaid work (cooking, cleaning, and caring for children),
  • Avoid Spending Money, except in women-owned or minority owned businesses, and
  • 5:00 p.m. Participate in Rally at Mayday Plaza – 301 Cedar Ave., Minneapolis.
    • 5:45 p.m. March to Republican Party Headquarters on Franklin Avenue.

• The Department of Labor reports that women own close to 10 million businesses, accounting for $1 Trillion receipts (www.blog.dol.gov). Support women business owners this week: volunteer to help a woman with, or in, her business; buy a product from a woman-owned business each day this week; donate to my podcast program. Do one activity a day to raise show women you appreciate their economic contributions!

• This is also America Save Week. The Department of Labor has put together information on Retirement Plans for Small Business. Call 1-866-444-3272 or go to www.dol.gov/ebs for more information.
• Beginning Friday, if you notice a sudden energy shift drumming up a range of feelings. Watch the movie, Moon Struck. It will fill you with joy, laughter, and romance. Sunday the Full Moon is scheduled on the Lunar calendar. We feel the energy of a Full Moon 2-days before, the day of, and 2-days after the date. A Full Moon, or Hunger Moon by Native Americans, is known to stir up emotions of conflict or you can experience an energy surge full of opportunity. Either way, treat yourself well as the week progresses.

Legal Agreements with Glen, Episode 63   http://www.glen-law-office.com

Next Monday’s Mentoring Conversation

You will meet Jodi Standke, founder and CEO of Talon Performance Group and Talon Business Center. Learn of her life and how she has built a successful legal recruiting firm.