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Ep 124\\xa0Derek Bluford of QuickLegal joins Nathan. Derek Bluford is the founder of Quicklegal, Inc., A new company that provides attorneys on demand via Facetime, voice call and instant messaging. Mr.Bluford has a history of entrepreneurial success in the legal service markets, and has won business awards such as California TechWeek, Entrepreneur Magazine Growth Conference, Legal Innovator and more. Mr.Bluford has a degree in legal studies and graduated Cum Laude. Mr.Bluford\\u2019s companies have been seen on publications such as Business Journal, California Lawyer, Landlord, Daily Journal and Porsche\\u2019s \\u201cThe Drifter\\u201d.

Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive

3 Key Points:

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1. Due diligence is key to decision making
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2. Create a stellar team and build upon partnerships
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3. There are lots of contributing factors in the decision to sell
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Episode Notes:\\xa0

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• 01:15\\xa0 \\u2013Nathan\\u2019s introduction to today\\u2019s Show with Derek Bluford
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• 01:34 \\u2013 QuickLegal
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• 02:00 \\u2013 Founded January 2014
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• 02:14 \\u2013 Why did you start Quick Legal?
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• 03:10 \\u2013 Sold last company for $424,000 when he was 26 years old
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• 03:41 \\u2013 Funding came from last company
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• 04:10\\u2013 Launched February 215 after one year of beta testing
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• 05:00 \\u2013 What does QuickLegal provide?
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• 04:13\\u2013 How do you make money?
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• 06:04\\u2013 Bootstrapped company up to 600,000 and raised about 750,000
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• 06:31 \\u2013 Evaluation hopes of $12 million
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• 06:58 \\u2013 65k per month, 800k annual rate
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• 07:44\\u2013 Offers to purchase
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• 08:31 \\u2013 Growth before selling
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• 09:30 \\u2013 Use offers for credibility for evaluation
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• 10:00 \\u2013 Will not sell for $14 million
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• 10:08 \\u2013 Why won\\u2019t you sell?
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• 11:30\\u2014Shark Tank
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• 12:09\\u2014Biggest concern
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• 14:12 \\u2013 The Famous Five
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Resources Mentioned:

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• QuickLegal, Derek\\u2019s new company that provides on demand legal service
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• Growth Geeks \\u2013 The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects without hiring full time employees.
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• The Success Principles\\u2014By Jack Canfield
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Famous 5

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• Favorite Book?\\u2014 The Success Principles by Jack Canfield
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• What CEO do you follow?\\u2014 Jack at Cleo
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• What is your favorite online tool?\\u2014 Google Analytics
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• Do you get 8 hours of sleep?\\u2014Absolutely not, probably closer to 8 hours per week
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• If you could let your 20 year old self know one thing, what would it be?\\u2014Always be humble and realistic. Follow the data.
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Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop

The Top is FOR YOU if you are:

A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

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Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that\'s like an audio version of Pat Flynn\'s monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop