Wade Law Group June 2018

JUNE 2018

WADE LAW GROUP

THE LEGAL ISSUE 408-842-1688

www.WadeLitigation.com

THE BEST PART OF BEING A DAD

My former spouse and I divorced when my son was 5 and my daughter was 10. It was a hard period to go through, but one good thing that came out of it was the chance to step up my game as a dad. I had 50-50 custody, and I learned to carve out my own connection with my kids. It gave me more time to nurture that relationship. I could no longer defer to my spouse to handle all the discipline or help the kids with their homework assignments, so my options were to step up or lose the opportunity to have a great relationship with them. It wasn’t even something to think about, really. My kids and my work are the two most important things in my life, and I’ve always found time for them. For me, one of the most challenging areas of parenthood has been learning how to implement discipline. I love my kids, and I know I need to discipline them, but it’s hard to see them sad or upset. You walk a fine line between making them happy and initiating discipline. When they were younger, it was rare that they’d have to go into timeout, so as they got older, I had to figure out how to walk that line successfully. I know that for the benefit of our relationship and as the parent, I have to lay down some rules. I’ve watched them get sad at times because I told them they were grounded. It hurts me to see them sad, but I also know it will help them be stronger people. When they do something wrong, I don’t resort to yelling or getting angry. Instead, I talk to them. There’s more power in an open conversation than there is in a yelling match. Even when they misbehave, my kids know that I’ll love them no matter what — they’re going to get unconditional love from their dad. I’m lucky to have two incredible kids with whom I have great relationships. I’m so grateful for that. The best part of being a dad is having an unbreakable bond with these two people I brought into the world. For Father’s Day, it’s a tradition for the kids and me to go to a Sunday brunch somewhere nice. We may spend some time at the park afterward and walk around the neighborhood — all that really matters is that we’re together.

My dad was an auto body mechanic, and he worked a lot. I was disappointed that I didn’t get to have a strong relationship with him, and I made it a point to promise myself that, if I ever had kids, I wouldn’t be like him. I love to work, but I never wanted it to leave my kids wanting for attention. I always keep that at the forefront of my brain when I think about them. Today, I’m grateful to say that I have a strong relationship with my two kids. Parenthood is similar to many aspects of life in the sense that you have to invest time to make it successful. It takes effort, and it takes love. Any time you prioritize it, it strengthens your bond. “Even when they misbehave, my kids know that I’ll love them no matter what — they’re going to get unconditional love from their dad.”

Amiel Wade

1 408-842-1688

A cohesive vision for the future is central to any thriving company; it’s the road map by which you and your team steer the business to success. But a set of lofty goals isn’t quite enough to motivate and unify an organization. It’s important to have an overarching aim for the coming years, but you also need to provide some guidance on how your business should conduct itself today . You need core values that encourage a certain spirit for your team and hold them to a high standard of excellence. To build a set of core values that’s unique and valuable to your business, you must first decide whose input you want during the process. This should be a panel of the key players in your business and employees skilled at providing new and powerful ideas. Ensure that each of the members of your think tank embodies the qualities you want to see throughout your organization. Next, get everyone in a room to start brainstorming. Set a date for a meeting and encourage everyone to come prepared with a list of values they feel are the most important for your business. Ask your think tank which values are central to them as individuals and expand that to include values that are vital to your entire company. After you’ve got a healthy list of good ideas, combine and define them. Look for commonalities. It’s likely that many of them will orbit just a few key principles. After a bit of pruning and rewording, these principles become your core values. Once you’ve got your set of 5–10 main ideas, outline 3 KEYS TO MAKING CORE VALUES COUNT ESTABLISH THE GUIDING HEART OF YOUR BUSINESS

exactly what each of them means in a few sentences or a paragraph. You may want a skilled writer on board during this step to nail down a set of clear and compelling definitions. The process may be difficult, but once you’re done, you and your team will have a set of powerful, unifying core values. These will state your company’s purpose and drive your team to excellence. Core values may seem like a small consideration in the midst of day-to-day operations, but they can make an enormous difference.

‘THE ORIGINS OF HAPPINESS’ CHANGING OUR IDEAS OF SUCCESS

What is happiness? How can we encourage well-being in others? These are the sorts of questions that have kept philosophers busy since the dawn of human history. In “The Origins of Happiness,” a team of the world’s leading social scientists tackles these age-old mysteries. Their groundbreaking findings may change the workplace and public policy.

charm, and wisdom in spades. With their down-to-earth prose, the authors dissect complex arguments and strip long-held beliefs to their core assumptions. The result is a methodical yet enjoyable exploration of what it means to live well in today’s world. While it’s designed to help policymakers quantify and boost the satisfaction of their citizens, there is something for everyone in “Origins.” The chapters on success and happiness in children are of particular interest to parents and educators, for example. Business owners and managers should be especially interested in the book’s data-driven reimagining of wealth and happiness. The paycheck is no longer the universal incentive for employees we once thought it was. One has only to look to Silicon Valley to know that some of the most successful companies on the planet have prioritized the well-being of their employees. The quirky perks and benefits offered by Google and Amazon make much more sense from a business standpoint after reading “Origins.” This is one of those rare works that captures the prevailing winds of the business world and puts them into easy-to-understand terms backed by hard data. Far more than vague platitudes about money not buying happiness, “Origins” will change the way you think about everyone’s well- being — including your own.

Listed as one of the top five books Business Insider was excited about for the year 2018, “Origins” does not disappoint. If you want to better understand your own happiness or the happiness of others, you’ll find the book to be an enlightening page turner. Even though it’s based on years of research and filled with graphs and data to support the authors’ arguments, it doesn’t read like a heady scientific report. On the contrary, this fairly short book is surprisingly accessible. Between the charts and equations, you’ll find “Origins” has wit,

www.WadeLitigation.com 2

When you’re excited about the hot new product that’s going to launch your business, you want to get it to the ears and inboxes of investors as quickly as possible, right? Not so fast. As a venture capitalist and angel investor for many years, Richard Harroch has heard his share of poorly produced pitches, and he cautions against reaching out to an investor before you’ve perfected your pitch. Based on some of the mistakes Harroch commonly sees in investment pitches, here are four ways to differentiate yourself from the competition and up your appeal to a potential investor. PERFECT YOUR PITCH You want to get it just right before you put it in front of the person holding a checkbook. Practice on friends, family, and your team. If you’re presenting the pitch with your team, make sure they all have something to contribute. According to Harroch, “Investors want to know that you have a good team.” This should include highlighting each team member’s experience and background. DEFINE HOW YOU’RE DIFFERENT Your investors have probably heard the same pitch within your industry dozens of times and have a good sense of the competition — after all, if it’s the right investor, they’re already putting money into the industry. How is your business going to bring something different to the marketplace? How is it better than the competition? Why HOW TO PERFECT YOUR PITCH TO INVESTORS PITCH PERFECT

should they put their money into your idea? Come with a defined but concise plan to wow your investor and prove that your idea is worth the dough.

KNOW YOUR INVESTOR’S NICHE If you take your mobile app idea to an investor who’s only interested in biotech, they’re probably not going to bite. Do your research before you reach out to an investor to make sure that they have documented stake in your industry and you can pique their interest. UNDERSTAND AND ACKNOWLEDGE YOUR LEGAL RISKS An investor will want to know if you understand the risks involved with your business and how you are mitigating them. Do you understand the legalities of filing your LLC? Are you working with an attorney? How are you protecting your intellectual property? Be ready to outline your risk minimization plan. Another way to perfect your pitch is to consult an attorney who is familiar with the complexities of business law. When you are looking for such an attorney, turn to Amiel Wade. As a lauded attorney specializing in business law in the state of California, Mr. Wade recognizes that corporate litigation requires a careful balancing of many factors, including costs, principles, and potential liabilities. Contact the offices of Wade Law today to see the Wade Law difference.

SUDOKU

FATHER’S DAY CHILI LIME CHICKEN WINGS

This Father’s Day, spice up your wings with this zesty recipe that’s sure to please the whole family.

INGREDIENTS

1 lime, halved

4 pounds chicken wings

Extra-virgin olive oil

1 stick unsalted butter, softened

Kosher salt and freshly ground black pepper

1 1/4 tablespoons Thai red curry paste

1/4 cup honey

Chopped cilantro for garnish

1/4 cup soy sauce

DIRECTIONS

inspired by foodnetwork.com 1. Heat oven to 425 F. 2. Rinse wings under cold water and pat dry. Season liberally with salt and pepper, and drizzle with olive oil. Roast on a baking sheet for 25 minutes or until skin becomes crisp and brown. 3. Blend butter, red curry paste, honey, and soy sauce in a large mixing bowl. 4. Toss wings in butter mixture. Squeeze lime juice on top, transfer to serving plate, and garnish with cilantro. 3 408-842-1688

408-842-1688 www.WadeLitigation.com

PRST STD US POSTAGE PAID BOISE, ID PERMIT 411

WADE LAW GROUP

84 West Santa Clara Street, Ste. 750 San Jose, CA 95113

INSIDE THIS ISSUE

1 2

What I Invest My Time In

Core Values Are Vital — But How Do You Create Them?

Business Must-Read: ‘The Origins of Happiness’

3

4 Ways to Strengthen Your Pitch to Potential Investors

Father’s Day Chili Lime Chicken Wings

4

Cut Down on Flight Costs With This Simple Rule

THE BEST TIME TO BOOK A FLIGHT

Save Big on Airfare With This Simple Rule

Still, a $600 summer flight to Honolulu isn’t exactly pocket change. What’s worse, flight prices are slippery; CheapAir.com’s 2017 Annual Airfare Study determined that the fares for any given trip go up or down an average of 71 times, about $33 each shift. When you purchase your flight is nearly as important as where you’re going. But how do you choose a booking window that will maximize your savings? According to the CheapAir.com study, in which they evaluated 921 million airfares, the best time to book is 21–105 days in advance of your flight, on average. If you want to get even more specific, try to book 55–75 days out, and book on a Sunday. Many travelers swear by Tuesday and Wednesday bookings, but as Condé Nast Traveler reports, Expedia and the Airlines Reporting Corporation say that Sunday is the way to go, based on data from billions of flights. Tuesday and Wednesday are usually the cheapest days to actually fly, though. The CheapAir.com study also pinpoints the absolute best windows for specific seasons: 54 days for winter trips, 75 days for spring, 76 days for summer, and 45 days for fall. Of course, these are averages, but if you stick to these rules and check fares regularly on sites like Kayak.com, SkyScanner.com, Momondo.com, and on the handy app Hopper, you can rest easy knowing you’re getting close to the best price possible.

In case you haven’t noticed, traveling is expensive . It can feel like you’re signing away your soul when you sit down to plan a vacation. But when it comes to flights, there’s good news: They’re getting cheaper! According to a 2017 report published by online travel company ODIGEO, long- distance trips across Europe fell 7 percent last year. Luckily, the same trend is reflected in North American airlines as they engage in a price war to woo a growing base of ultrafrugal travelers.

4

www.WadeLitigation.com

Page 1 Page 2 Page 3 Page 4

Made with FlippingBook - professional solution for displaying marketing and sales documents online