The Law of Compensation Explained by Robert Kiyosaki In Success Magazine Reach Kristen Darkenwald @ 914-552-1773 Visit http I share a great article I read In the September 2010 Issue of Success Magazine. “The Law of Compensation” by Robert Kiyosaki. Robert Kiyosaki explains the Law of Compensation and shares his own personal experiences of how the law of compensation applied to two particular circumstances of his life. In The Law of Compensation article found in the September Issue of Success Magazine, Robery Kiyosaki shares what the Law of Compensation Is.

The law is explained as- (as applied to any activity) initially you will put out maximum effort for minimal results and eventually you will hit a point of minimal effort for maximum results. He shares how this applied to his successful NY Times Bestseller, Rich Dad, Poor Dad and his Cashflow 101 the board game. As well as he shares his personal experience with loosing weight and regaining his health once he turned 50.

One important job of the such law attorneys is the formation of a new business. If there is more than one owner, they will advise them on the type of business they are forming. It could be a partnership, corporation, or limited liability company. When forming a business of any type it entails a concrete understand of the liability and tax implications of each kind of business. Click here if you want to get more about the business attorney.

Many times businesses will use such a law attorney when they want to terminate or dissolve their business. This is done to ensure that the pre-established dissolution guidelines are followed correctly. The attorney may also handle new issues like a lien, a big number of assets, or an outstanding debt. Business law attorneys may also give advice on some of the daily happenings in a business.

They may be asked to develop guidelines for human resource staff regarding the firing and hiring of employees. If an employee feels that they have been sexually harassed, discriminated against, or wrongfully terminated they may handle the lawsuit if one has been filed. They could work on the behalf of the employee or employer.

Sometimes business owners will call business law attorneys if they have questions about specific ways to save money such as whether they should own or lease a building. They may also want advice on where they can conduct their business to avoid having to pay high taxes, which is particularly true if they are thinking of expanding their business internationally.

Some business law attorneys are familiar with patent laws so if a business has developed a product they may contact an attorney to help protect their interest by filing a patent. If the attorney has an understanding of intellectual property laws, they may be asked to help a business trademark the name of the product or their business name. Business law attorneys may act as the businesses spokesperson if a lawsuit they are involved in catches the attention of the media.

Business transactions can be complex, so it’s important to have an experienced business attorney on your team to make sure your interests are protected and the transaction runs smoothly. If you are regularly involved in business transactions, it’s a good idea to use one law firm for all of your business law needs.

Working with the same firm on a regular basis helps you to develop a relationship with your attorney and can prevent vital information from slipping through the cracks because you worked with one attorney on one transaction and then a second attorney on another transaction. Knowing when to use a business law attorney can help you avoid costly mistakes that can make business more difficult.

In all, in anything, as the law of compensation states, you will put forth maximum effort and only receive minimal results, put eventually if you follow through, you will hit a point of only needing to put in minimal effort to receive maximum results. Whether you’re starting a new business, loosing weight (both which Robert Kiyosaki gives personal examples of) in the beginning you will be putting forth a lot of effort and only getting minimal results, but if you have the determination to follow through, you will come to a point where you only have to

About Doug Firebaugh

Doug Firebaugh is the CEO of PassionFire International, a success and leadership development company for the Home Business industry. Doug is one of the most sought after speakers / trainers / authors and consultants in the Home Business / MLM profession. With over 25 years of Success and experience, plus a Billion Dollar Success story, his trainings and coaching have helped CEOs and Presidents of Home Business corporations to experience unprecedented growth. He has coached numerous organizations and downlines worldwide beyond their barriers and limitations, to a level of success they only once dreamed of. What can Doug Firebaugh DO FOR YOU?

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