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ARTICLE · 30 NOVEMBER 2023

Balancing Risk With Compliance

Entrepreneurs are a different breed of individual. The time, effort, and resources are never able to be fully calculated. So why do companies get lazy when it comes to execution...

United StatesCorporate/Commercial Law

Entrepreneurs are a different breed of individual. The time, effort, and resources are never able to be fully calculated. So why do companies get lazy when it comes to execution after investing so much? This edition of the Thoughts A Brewin' Newsletter will discuss one of the most common statements I receive from clients: Company A is doing X, so I want to do X.

While it's crucial to stay informed about industry trends and competitors, blindly following what other companies are doing can be a recipe for mediocrity or even government scrutiny and subsequent failure. Startups should embrace their individuality, leverage their unique strengths, and focus on innovation rather than imitation. The motto for any company should be guided by charting their own course in doing it right as opposed to doing it quickly and sloppily or trying to recreate the "success" of another. The amount of times Company A has later been sued or shut down because of what they were doing is,

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