029 - CONTRACTS ARE THERE FOR WHEN THINGS FAIL
Episode description
Contracts are there for when things fail, so always have one in. It's really easy when you're in a startup to ignore the basics. You know what I'm talking about? It's fine. Let's get them started. We can sort out the paperwork later. They're fine. I've worked with them before. We don't need to do anything in writing.
I've been in situations chasing people to sign off contracts after I've already begun working with them and learned quickly never to make that same mistake. it is incredibly dangerous because whilst things may go right, even 99% of the time, you want to be co covered for the 1% of the times that they don't.
And a contract is there to detail what should happen and what happens in the event that things do go wrong. And heaven forbid, you get into a place where things do fall apart, but you want a contract in place to make sure that you know how to navigate them. Pray you'll never use them, but always have a contract in place.
