Reib Law - November 2019

POINT BY POINT

REVOLUTIONIZE YOUR BUSINESS WITH BULLET JOURNALING

to the smallest logistical details, or it can break down a single, complicated aspect, such as vendor tracking, into one journal. The look and function of your bullet journal is completely up to you and your process.

When you’re an entrepreneur or a business leader, your to-do list can feel more like a novel than a manageable list. But what if you could order your thoughts, track your accomplishments, and maintain organization all on your own terms? It may sound too good to be true, but bullet journaling does just that.

HOW DO I DO IT?

Despite the versatility, every bullet journal shares a couple key components. First, you need a legend or key to identify what symbols mean throughout your journal. For example, a square next to a task may indicate it is a high priority, or a star may mean a task has been completed. Any group of symbols will work, but consistency keeps you organized. Second, you need a calendar in your bullet journal. That way, you can organize your goals by year, month, week, or day and keep track of smaller goals along the way. Throughout your journal, create separate sections for as many breakdowns as you want, but the key is to keep it all connected. No longer do you need to carry around a to-do list, a planner, and a calendar. Turn to bullet journaling to revolutionize the way you organize. For more tips, inspiration, and information on how bullet journaling can help you and your business, visit BulletJournal.com. correctly. That way, your business is separated from your personal assets, and no one can take from your personal assets if you are sued. 3. Document everything . If it’s not written down, it didn't happen. In your day-to-day business, document even your small deals. Keep copies of proposals and signed agreements, and don’t settle for handshake deals. A text message counts, but only if you keep it. 4. Don’t use anyone else’s intellectual property (IP). This is something created by another person or business, and using it can put you at risk of a lawsuit. Don’t use others’ content, photos, or work and call it your own without explicit written permission. 5. Protect your intellectual property . Register names, logos, curriculum, content, and other intellectual property so you can protect what you’ve spent time and money building. 2. Start your business on a solid foundation. Set up a corporation or limited liability company and do it

WHAT IS IT? Despite what the name may suggest, bullet journaling has little to do with writing out your feelings — unless you want to do that! Instead, it’s a log of all your to-do lists, reminders, and tracking systems in one convenient place. The goal is to complete tasks and update your journal each day. You can even download a companion app to digitally stay on top of your tracking. The beauty of bullet journaling is customization. If you’re a visual person, create drawings or tape down pictures to represent your tasks. If you prefer precise outlines, use ruled pages to order each goal and its subtasks. A bullet journal can include every aspect of your business down Recently, on the podcast “School for Startups,” founder Jim Beach spoke with our own Scott Reib about the five ways to shatterproof your business. Here are the key takeaways from their conversation. What does shatterproofing mean? As Scott explains, shatterproof glass was invented for gas masks so that if something hit the glass, it may mark it but wouldn’t break it. This allows the wearer to make informed decisions instead of acting in a panic. In the same way, shatterproofing your business is about putting systems in place and having the right information so you can make informed decisions instead of just being a reactionary businessperson. Here are the five proven strategies that every business owner should be implementing: 1. Have a set of key advisors in your corner. These should be made up of four key figures: your banker who helps with cash flow and credit lines; a certified public accountant who manages business finances and charter accounts and guides you from a business standpoint; an insurance broker who gives you independent advice on coverage for your business; and a lawyer who understands the business side of the law. GO FROM REACTIONARY TO PROTECTED

5 PROVEN STRATEGIES TO SHATTERPROOF YOUR BUSINESS

You can hear this podcast episode in full at ReibLaw.com/podcasts.

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