512One of the most challenging and confusing things about setting up your business can be the legal aspects. Should I form an LLC? Should I be an S Corp.? What about trademark and copyright? All of these things and more are answered on today’s episode with my buddy David Lizerbram.

David, who works with the entrepreneur on fire team as well as the $100 NBA team shares a ton of great advice with us on today’s episode. Went to have a partnership agreement versus an LLC.  How to trademark something without going through the trademark office. What will stand up in court and what won’t. And, one of my favorite topics we discussed today: the difference between a pile of money, and a budget.