Have you ever played Dungeons & Dragons (D&D)? It’s a popular game that’s been around since the ‘70s, and one I enjoy playing to this day. The premise of D&D is to venture into the unknown as a team, facing dragons, goblins, and evil wizards waiting to rob you at every turn.
Embarking on a new business venture is much like D&D, as entrepreneurs willingly go into the unknown with courage and inventiveness. They frequently have to navigate uncharted territory without the benefit of historical data. This only emphasizes the importance of forming a team with a diverse set of strengths to overcome the challenges they’ll face along the way and achieve success.
While entrepreneurs are oftentimes willing to take risks, legal mistakes can have severe repercussions. For example, violating securities law, failing to protect your intellectual property, or working with partners without proper legal protections in place can all lead to legal troubles that can haunt you for years to come. Just like in D&D — it is one thing to have the guts to jump off a cliff, it is another to have a team there to make sure you’ve properly prepared a parachute and received the training needed to survive the landing.
Our team at Adams Corporate Law can help you embark on your business journey with courage and a legal strategy. Our California business lawyers can team up with you to ensure your business is structured properly, protected as it grows, and prepared for sale or IPO opportunities when the time is right. We’ll bring together legal professionals with various strengths and experience to help you navigate potential pitfalls and maintain your success.