So what is a poor entrepreneur to do when a key client or partner breaches a contract or fails to pay you? Former trial attorney and current mediator/arbitrator Ellen Malow joins us for a great discussion around how early-stage entrepreneurs can take advantage of mediation and arbitration to lower legal costs and achieve their objectives.
As an added bonus, learn how Mike got into trouble performing an emergency appendectomy with an old saw and some vodka while doing venture capital deals in the former Soviet republics.
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What are mediation and abitration and how do they differ? How can they be used to achieve your objectives? Do you need to also use an attorney? What are the cost ramifications and savings over a trial? How are findings enforced? Do these things enter into public record like the court system? Can you appeal the result of an arbitration? How do you find a good mediator or arbitrator in your area?
Links referenced within this episode:
- Malow Mediation & Arbitration
- PwC Moneytree Report
- The Bottoms Up!
- Adams Capital
- National Personnel Services
- SON Capital
- Technology Association of Georgia
Tune in and find out!
Our format is a little out of the norm as far as podcasts go. We treat our efforts as a true “show” rather than a super-concise (limited) vehicle for delivery of information. Therefore, the podcasts can run a bit long. While we try to have very substantive discussions, we also try to have a lot of fun along the way (and that tends to elongate the programming a wee bit.) Our theory is that if we are having fun during the show, hopefully, you will be having a little fun listening as well.
Here is the breakdown for the show, in case you want to hop around.
|Intro||00:00 to 01:04|
|Smalltalk and introductions:||01:04 to 15:51|
|Commercial/Comedy Break:||15:51 to 18:23|
|Main Discussion Topic||18:23 to 46:52|
|Commercial/Comedy Break:||46:52 to 47:38|
|Wrap-up/Analysis:||47:38 to 50:43|
We’ll be back next week with Mitch Free, the founder and CEO of MFG.com, one of the great B2B startup success stories of the past few years. Learn how Mitch took his company from bootstrapping in his garage to landing Jeff Bezos as a key investor and having a global presence in just a few short years. You won’t want to miss it!
We welcome your continued feedback as well! If you have an interest in appearing on the show, becoming a show sponsor (hint, hint), have some suggestions for topics, have feedback, or would just like to email us and tell us to “shove off”, we invite you to contact us.
And don’t forget – the StartupLounge.com message forums are up and running. If you need help with any aspect of your venture, we welcome you to jump in and get the help you need!