Listen to Episode 198
Today, we’re talking about disputes and litigation. We’ve come up with these tips to solve a problem early. Any litigation is a costly and emotionally draining process. So if you can avoid it early that’s a great thing for you and your business.
When you get into a dispute with someone we start to get stressed, and the hormones start flowing through our bodies. When that happens you can fly off the handle and make mistakes. So stay calm and take a deep breath.
Listen to understand
You have to consider where the other side is. You may need to compromise in some way to resolve the dispute. They’re just as passionate about the dispute as you so you need to listen to understand.
Don't get emotional
If you actually state your case, tactfully you can resolve the issue much sooner.
Accentuate the positive
Don’t dwell on all the negative aspects of the dispute. Try saying a few positive things as well. Hopefully the other side can say something positive as well!
Don't get personal
Attack the problem, not the person. Problems escalate when people get personal.
Focus on the future
If you’re focusing on the future and not dwelling on the past it will help you to see the possibilities.
More about this Show
We started Business Legal Lifecycle to create a simple way for you to understand complex legal terms. Most importantly we want to help you to develop a plan to take your business successfully into the future. There’s a startling statistic the underscores the importance of developing a solid plan. The majority of business owners are just seven months away from losing everything. A single aspect of your business that is not set-up correctly can shut down your whole operation very quickly. Legal advice is not cheap and even when you can afford it there is often a divide between lawyers and their clients. We want to close that gap once and for all. We want to put legal knowledge and tools into your hand to prevent the worst from happening to you.
Twice a week we are going to deliver those tools right to your home or office with Business Legal Lifecycle TV. We’ll start the week with Fast Fix Monday, a short 5-10 minute video that will tackle a single issue that businesses have to deal with. Then on Wednesday’s our main show will feature with more fulsome discussions and interviews all delivered in a straightforward and easy to understand format.