Getting sued is one of the business owners' worst nightmares, making it a must to learn to protect yourself and your business to avoid this scenario.David and Ken share their experience getting sued, the challenges they have to face as business owners and how they have settled by avoiding the trial, and all the headaches that come with a lawsuit.[00:01 - 11:42] Opening Segment Ken and David recall the time they were sued one of their great service providersThey spent 200 hours sorting things out when they could have been used for income-generating activities[11:43 - 23:50] A Training to Become Better BusinessmenSeek legal advice to determine the validity of the lawsuitMake decisions not based on emotions but a logical business perspectiveWhen you start looking at things that way, that’s when you can pivot to a better pathKen and David decided to self-represent considering these:High professional feesThe impact on business exposureHow much is the overall cost going to beNo one knows the case better than the duoUnderstanding the other person’s perspective: The lawsuit is an inconvenience to both partiesSettling things out and avoiding trialWant some Amazon refunds? Check out GETIDAPromo code: FTM400[23:51 - 29:21] Lessons Learned from The LawsuitA phone call is convenient but email is preferred as it’s documented and can be presented as evidence in courtAlways aim for a prompt communicationCompare several service providers' offerings with a track record of successBeing sued means your business is providing value and the other party thinks it’s worth itSeparate your emotions from what’s best for the business[29:22 - 32:24] Closing Segment Ken and David’s advice on business owners who have been suedFinal wordsConnect with the duo!Quotes  “I would say that getting sued can happen to anybody. And it kind of goes along with operating a business. That is telling your business to create value. And there are people that want to go after that value. I think it's just part of doing business.”Send us a voice message and let us know how we can help you fire the man! FacebookYouTubeInstagramResources MentionedGETIDA Email us --> [email protected] Leave us a review as it really helps the show!   Ready to scale your Amazon business? Click here to book a strategy call.  https://calendly.com/firingtheman/amazon Support the show

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