What are the top 3 legal mistakes that creators make that can lead to them losing their business, their channel, savings and even their home?
1) No LLC or general liability/media insurance;
2) No contracts for their team, brands or partners; and
3) No IP protections like trademarks which are so important—do not lose your handle or company name.
These are simple fixes but why do so many creators ignore them?
If you missed my latest video about copyright strikes, claims and demonetization catch it here:
https://youtu.be/SL1jJn1GHug?si=qNQe5d81CO7KYshy
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TimeStamps:
1:00 #1 Legal Mistake--No LLC and Insurance
2:26 General Liability and Media Insurance
6:18 #2 Legal Mistake--No Legal Agreements in Place
6:30 No Team Agreements
7:13 No Brand Deal Agreements
8:48 No Partnership Agreements
9:49 #3 Legal Mistake--Not Protecting your IP (Intellectual Property)
Trademark
11:53 Roadmap Revealed
12:32 Do not be Scared--How often do Creators Get Sued?
13:15 How to Prevent Lawsuits? Run a Clean Business?
14:46 Big Warning to Creators: Do not use one email for all your channels!
I have been gone the last 9 months supporting the biggest YouTubers as their fractional CEO, but I want to make sure I am still able to give advice to all levels of creators.
I am help creators think beyond relying on AdSense and brand deals because that is a recipe for burnout.
You need to diversify revenue streams by:
1) launching and selling your own products;
2) having your own community;
3) taking equity in brand deals....
all with an eye to an exit and an acquisition by a private equity fund. Creators are the new media companies.
Follow me on LinkedIN where I am on a 90 day chalenge with my amazing client @zoeunlimited: https://www.linkedin.com/in/thecreatorsattorney/
You will succeed or fail based on your systems (or lack of). Make sure you have a CRM!
I love HighLevel: https://gohighlevel.com/tylerchou
I started my channel with Ali Abdaal's Part Time YouTube Academy and I highly recommend it, it was so helpful and I wouldn't have been able to do it without PTYA.
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Current subscriber count as of 2/22/25: 36,834. This is long Video #54 What a dream come true, ❤️❤️ Thank you!
Disclaimer: this is not legal advice. I am a licensed attorney but I am not providing legal advice. #paypal #creatoreconomy #honeyscam
#branddeals #paypal #honey #honeyscam #creator#brand #creatoryoutube #hollywood #law #lawyer #creatorsattorney #paidadvertising #ad
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