The Legal Growth Scale by Andrea Henry

Quiz Questions

• 1.
  Why would you contact a business laywer?

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  • A.
    I can't believe I've made it this far without talking to a lawyer! I've been smart and lucky – now I want to be secure.
  • B.
    I've cobbled together some contracts and borrowed language from other websites, but I don't know if they will truly protect me.
  • C.
    I'm pretty new to this, and I've never even thought about what legal support I might need. 
  • D.
    I have a complex situation that my tried and trusted lawyer can help me solve.
• 2.
  What does your Business Crew look like?

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  • A.
    I'm currently on my own but am looking at the next steps – Do I build a team? Plan a launch? I'm not sure how to prepare for either one.
  • B.
    I've got contractors working for me and a treasured #BusinessBestie, but I'm still doing the bulk of the work.
  • C.
    I have a small team, plus my accountant and my business coach. I'm searching for a lawyer who can vibe in the same positive mindset as me, and respects that I got this far on my own.
  • D.
    My team is growing faster than ever and I'm finally able to work ON my business rather than IN it, and all of my foundational contracts are in place.
• 3.
  What is your immediate goal for your business?

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  • A.
    To find more clients, gain social media followers, and create more offers. 
  • B.
    To get to a place where I have employees and a plan in place for the future. I'm ready to start thinking about my business proactively.
  • C.
    To leverage what I have built to make a million dollars – and beyond!
  • D.
    To plan for whatever the future holds – exit plans, holding companies or even investor and equity strategies! I have big goals and even bigger dreams!
• 4.
  What is your current level of revenue?

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  • A.
    Between $0 - $100,000
  • B.
    Between $100,000 - $250,000
  • C.
    Between $250,000 - $500,000
  • D.
    More than $500,000
• 5.
  What is your holistic, long-term goal for your business?

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  • A.
    I want to create a legacy of wealth for my family and community, both financially and by contributing to my industry in a meaningful way.
  • B.
    I want to turn my passion into my day job, allowing me to get out of the 9-5 race and really be present with my family and/or community.
  • C.
    I want satisfied clients, happy employees, and a steady 6-figure annual revenue without working 60+ hours a week.
  • D.
    I want to prepare to scale my business so I can continue to grow sustainably and achieve my goals!
• 6.
  What level of customization speaks to you right now?

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  • A.
    I am a trailblazer in my industry - I need customized help to leverage my intellectual property, explore exit planning, tax strategies, and legal advice on speed dial for contract reviews.
  • B.
    I need some customized support (like a customized client contract or partnership agreement) but I am happy to DIY where I can.
  • C.
    I do need industry specific legal advice, but I don't really need custom legal support yet. 
  • D.
    I'm looking to up my contract game with customized support, working with a lawyer who is invested in my business and my growth!
• 7.
  What portion of your precious resources can be used for legal security?

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  • A.
    I need a bargain, and I'm happy to DIY for now.
  • B.
    I will spend where customization is necessary, and I'm happy to DIY the rest in order to be cost-efficient. 
  • C.
    I'm happy to start investing more of my precious resources to ensure my legal security and really up my game when it comes to legalities!
  • D.
    My business is a valuable asset, and it deserves my time and resources so that I can build wealth and go after those BIG opportunities.  
• 8.
  What do you plan to do with your business when you're ready to hit the beach for good?

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  • A.
    No idea! I'm just getting started and I don't even know what my business will look like at that point.
  • B.
    I want to leave it to my family or protégé to run, while collecting dividends to pay for my travels.
  • C.
    By then, my business will have multiple revenue streams from my IP.... licensing deals, certifications or franchises... or be a brand that I can sell... whatever best funds my lifestyle.
  • D.
    I will have built a business on systems and a sizeable team which can run without me so I can sell but I won't have to.

Quiz Outcomes

• 1.
  You’re in the... Roots Stage!  

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  You’ve just started your business and are transitioning from being an employee or moving on from side hustle status. You’re worried about making it but are also excited to be your own boss and follow your dreams. You have zero team, or maybe work for a few hours a week. You’re still doing everything yourself and have limited systems because it’s all in your head. Most of your expenses are on marketing, networking and perfecting your service or product.
• 2.
  You’re in the... Sprout Stage!

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  Your business is in the explosive growth stage! You’re more confident in your signature offerings, there’s higher revenue and you are actually starting to struggle with keeping up with demand. Your brand is much more visible and valuable and you’ve hired and trained your first employee.
• 3.
  You’re in the… Growth Stage!

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  Your business is still growing quickly but with an expanded team and systems, you’re better able to manage the increase. You’re increasingly the face of your business, appearing on stages, podcasts and in the media. You’ve understood the exchanging time for money trap and are starting to create products and other assets that can generate revenue for your business without you spending more of your precious time. Prepare for Scaling!
• 4.
  You're in the... Blossom Stage!

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  You are at or are on your way to the 7-figure mark. Your team and foundational contracts are in place. You may be bringing on C-suite employees as you increasingly act as a business owner rather than operator, and you may wish to offer equity to key team members. If you have your sights on even bigger goals you may be bringing on investors to inject the capital you need for more rapid growth.