What EVERYONE Needs to Know About the New Clubhouse “Gifts” Feature (giving money to others)

First, I’m a fan of being able to monetize digital platforms, especially Clubhouse. Having said that, there are issues everyone needs to understand.

Regarding what is happening on Clubhouse, most of the details can be found in your profile. Simply click your profile, click the settings button (top right), drop down to the “What’s New” tab and read. You can also see this post.

During my room earlier today, we had a good discussion on this new update to Clubhouse. The extremely smart lawyers and professionals who joined me on stage shared their thoughts around the following related issues that I think we all need to pay attention to. For the lawyers reading this, you may want to share your recommendations with clients who are using Clubhouse and plan on monetizing the platform.

Issues Recognized and Discussed:

How are our profiles created? As individuals or through our business entities?

Ethics and conflicts of interests issues?

Is the payment an actual gift or is it consideration for value? (substance over form issue).

State/Federal/Bar/Regulatory issues?

State, national and international tax liability issues?

For the lawyers, doctors and accountants reading this post, are you creating an actual attorney/client relationship or the appearance of a professional relationship?

I am a big fan of being able to monetize the Clubhouse platform. However, there are major things for everyone involved to take into consideration including those topics above.

If you have questions, please check with an experienced lawyer and accountant in your state. For purposes of interviews, I’m available to be a guest speaker on your Clubhouse stage if anyone has questions.

Make each day your masterpiece!

Social Media Influencer Liability Safety Tips

Over the years I’ve created and shared a few popular posts and videos to help influencers, agencies and brands make smart online business and marketing decisions. Based upon some of the conversations I have had this week on the new Clubhouse (audio only) platform, here are several posts everyone will find helpful. [see disclaimer as to all content shared at this website]

Social Media Influencer Liability
https://streaming.lawyer/2017/03/14/influencer-liability/

21 Clauses That Should Be In Every Influencer Marketing Contract
https://streaming.lawyer/2018/02/02/influencer-marketing-contracts/

Hashtags No Longer Protect Influencers. Actually, they never did! https://streaming.lawyer/2017/08/04/influencers-hashtags/

Influencer Marketing FTC Update (FEB 18, 2020)
https://streaming.lawyer/2020/02/18/ftc-influencer-marketing-update/

FTC Disclosure Requirements
https://www.ftc.gov/system/files/documents/plain-language/1001a-influencer-guide-508_1.pdf

Influencer Marketing- Tips for Influencers, Social Media Agencies, Brands and Consumers https://streaming.lawyer/2017/05/25/influencer-marketing-tips/

Six Reasons Why My Online Business Friends Need to Incorporate or Become an LLC
https://streaming.lawyer/2017/01/16/six-reasons-why-my-friends-doing-business-online-need-to-incorporate-or-become-an-llc-in-2017/

9 Legal and Entrepreneurial Tips To Help You Start and Build Your Online Business
https://streaming.lawyer/2016/06/27/online-biz/

How To Protect Your Digital ASS(ets) With Estate and Business Succession Planning
https://streaming.lawyer/2016/06/22/digital-assets/

Video: How Brands Can Protect Themselves From Influencer Mistakes, Wrongdoing and Liability (Part 1 of 3)
https://youtu.be/pncOEv_Kzr4

Video: How Social Media Agencies Can Protect Themselves From Influencer Liability (Part 2 of 3)
https://youtu.be/1Mxc2WdZMvs

Video: How Influencers Can Protect Themselves (Part 3 of 3)
https://youtu.be/BguswiHRe3I

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I talk about these, and other issues on my live video shows, interviews and in my Clubhouse Rooms. If you’d like a short text or email update as to when I go live, click here.

Meet Nick Rishwain, LegalTechLIVE founder and VP of Business Development & Relations at Experts.com

The topic is law, tech, client expectations, and what you need to do moving forward in 2021. We go live TODAY at 2pm PDT (5pm ET) on all the top platforms or you can watch above on YouTube or here on Facebook!

Between now and show time, connect with Nick on LinkedIn and over at Experts.com. 

8 Books to Level Up Your Legal Marketing

Social media marketing and branding wiz, Nicole Abboud-Shayan of WordRake, rounded up these highly recommended marketing and business development books written by lawyers that will elevate your law firm marketing efforts. Take a look at the list and let me know which books are your favorites.

Are there other books that you recommend? If so, please share in the comments below. Thanks!

The New “Force Majeure Clause” EVERY Professional Speaker Should Have in His or Her Speaking Contracts

COVID-19 has disrupted the conference and speaking industries as we know them, in 2020 and moving forward. To that end, I’ll be sharing exactly what professional speakers need to know and do with respect to modifying the important Force Majeure clause all speaking contracts (you do use contracts right?) should now include moving into 2021.

Join me live on Monday at 1 pm PST (4 pm ET). Bring your questions!

I’m @mitchjackson on ClubHouse and you can join this show here. Join us!

Post show update: I shared a template clause/provision with my Community via text. If you’re not part of it, join me via 949-577-7456 and hit me up with a text reminder. I’ll send over the password protected post. Thanks!