Michael Woodward: Jumble your Thinking

06/19/19 • 25 min

The Millionaire's Lawyer - JP McAvoy

Previous Episode

Stephanie Stierhoff: Power & Balance Fitness

In this episode, JP and Stephanie Stierhoff discuss:

The importance of following the regulatory process of bringing a product to market for distribution.
The market and customer research required to retool a product and the current feedback on packing size.
The necessary steps for laying a foundation and thinking about future growth when building a business.

Key Takeaways:

There may not be monetary penalties assessed for regulatory violations. However, the customer’s trust and loyalty could be compromised.
The three keys to a healthy lifestyle are fitness, nutrition and sleep.
When considering names for a new business entity, both legal consultation and product branding must be part of the process.
"I was all about the the design and the packaging but I was unaware of the compliance that had to be built into it." — Stephanie Stierhoff

Connect with Stephanie Stierhoff:

Twitter: https://twitter.com/PBF_AWOL
Facebook: https://facebook.com/powerandbalancefitness
Website: https://powerandbalancefitness.com
Email: [email protected]
YouTube: https://www.youtube.com/channel/UCsvJN3OEczu1YZiLJ0UJ9nA

Connect with JP McAvoy:
Twitter: https://twitter.com/jp_mcavoy
Facebook: https://www.facebook.com/ConductLaw/?ref=bookmarks
Website: www.jpmcavoy.com
Show: The Millionaire's Lawyer
LinkedIn: https://www.linkedin.com/in/jeffrey-j-p-mcavoy/

Next Episode

Michael Woodward: Jumble Your Thinking

In this episode, JP and Michael Woodward discuss:

Understand who you are and how you operate, and focus on that
Use the scientific method to figure out what you want to do
Seeking funding is not always the best way to grow
Your business, family, faith and community lives all affect each other

Key Takeaways:

Be truly Honest with yourself
Surround yourself with the right people
Make sure your business can facilitate the lifestyle you want to live

"If you bootstrap...You can actually build a much leaner and better business." — Michael Woodward

Connect with Michael Woodward:
Twitter: https://twitter.com/mlwoodward
Facebook: https://www.facebook.com/jumblethink/
Instagram: https://www.instagram.com/jumblethink/
Website: https://www.jumblethink.com/
Email: [email protected]
YouTube: https://www.youtube.com/channel/UCKNp7Q-ijzs-PnrVSWjQXLA
Podcast: https://podcasts.apple.com/us/podcast/podcast-jumblethink/id1200281336