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This business coaching lesson teaches business owners ways to avoid getting sued.

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Featured Coaching Excerpt - Notes & Transcript, Part 1
  • Lesson Nugget: It is important to expect events to occur that are out of your control, but not to worry so much that it negatively affects your health or productivity.
  • Lesson Nugget: If you run your business to the best of your ability and walk in integrity, there is no need to stress out about being sued.
  • Lesson Nugget: Share the burden and stress of being sued with your spouse or a close friend who can walk with you during the difficult times.
  • Life Fact: If you're in business long enough, you will be sued.

digitaltutors for legal and time management tips

-My name is Clay Clark, and today I'm joined by with the NBA hall of famer, seven foot living legend, David Robinson on Thrive15.com, the online platform that provides training for sales, marketing, branding and time management tips. Now if you get a chance to Google David Robinson, you'll quickly see he's been featured in Forbes and Fast Company, not for his success on the court, but for his success as a business person off the court. And today he's going to be teaching us a little bit about something that no one wants to talk about, but it's going to happen to you.

He's going to talk about being sued. And if you're in business long enough how it's going to happen. He's going to be teaching us specifically about how he deals with the process of getting sued, how it feels like to be sued, what you do when you're sued. All that stuff that you don't want to have happen, but it will happen. I'm telling you, if you're in business long enough, you are going to get sued.

And he's going to be teaching us about specifically, how to deal with the emotions and the specific issues that arise when you do find yourself getting sued. Remember at Thrive15.com we believe that knowledge without application is meaningless. So as you're watching today's episode, take the time to ask yourself, what do you need to do to specifically apply these principles in your own life and business? Otherwise, today's episode may prove out to be more meaningless than naming a baseball team, The Hoops.

-Super Dave, how are you sir?

-Hey, Clay, how are you doing? Good to see you .

-Hey, I'm excited to talk to you about getting sued.

-Getting sued-- oh, you're excited?

-Well, I've always dreamed of interviewing you about being sued. This is sort of a life goal of mine. So here we go. But seriously, every business owner-- this isn't a fun topic.

-Right.

-But the reality is, if you're in business long enough, you're just going to get sue.

-Well that is true. I can say I've had that experience, and that's very true.

-And I want to say, when you get sued, you do feel alone. Because you don't really want to go tell people, like, hey everybody, I'm getting sued.

-Right.

-You know, you kind of want to keep it close to the vest and not really tell. I remember when I found out I was getting sued the first time, I didn't even want to tell my wife really. I did, but I didn't even want to tell her because I didn't want to worry her.

-Yeah.

-And you kind of feel alone. And so, David, I mean, since you've retired from professional basketball, you've gone out and started the Admiral Venture. It's not a venture but it's a private equity fund.

-Right.

-And you've gone out there and you've started the Admiral Center, which is a neat way to allow us celebrities to sort of leverage their celebrity to help others.

-Right.

-Then you've gone out and started Carver Academy. And so, have you ever been sued?

-I have been sued, yes. We were sued at the Carver Academy.

-Did it feel awesome?

-It felt awful.

-Awful.

-Nah, you know, I mean, it's a part of business. It really is. I mean, there are sometimes when things are out of your control. In that particular situation we had an employee that was not happy about the way that his job ended and decided to go through the legal system to find some comfort. And so it is a part of business. You have to expect-- sometimes there are things that are out of your control. We didn't feel like we did anything wrong, but sometimes that's not going to be in your control to decide.

-I want to share this though, for anybody watching this who's-- I meet people who say, I want to start a company, I just worry that my idea might already be out there, or I worry about-- and there is a certain due diligence you want to do. I mean, you want to have an attorney look stuff up to make sure you're not creating problems for yourself. But I just want to bring some clarity. YouTube, the founders of YouTube have been in a lawsuit for a long time. The founders of Airbnb-- it's a online, basically a travel booking website. They get sued.

Everybody's been sued. You've been sued. I've been sued. We've all been sued. So if you have a business and you're getting sued, there's no need to really lose sleep over this. Just kind of focus on the action steps you can take. But for me personally, I've gotten to a point where I no longer frankly care about getting sued.

-Well, if we try to do the right things-- I mean, if you're walking in the right direction and you're trying to take care of your business correctly, then I would agree with that. I think it's when you start to cut corners and you start to make mistakes is when you need to start worrying about being sued.

-Do you-- when you are being sued, it kind of relates to worrying, but worrying doesn't add another day to our life.

-It does not. You know, that's plucked straight out the Bible there, but true. We can worry ourselves to death. And there's all kinds of possibilities, and sometimes like I said, you don't have control over that. I think that it's a part of business, and you have to learn how to manage that part of that business.

-So if I'm out there, and I find myself right now, as I'm watching this, I'm getting sued. We have, on Thrive we have actual attorneys that are going to teach you the brass tacks of what to do and file this and call this guy and do that. But just from a strictly non-legal and emotional perspective here, if I am getting sued, what do you recommend that I do with the feelings of stress that I'm feeling? I mean, if I know I'm in the right, what do you recommend I do with those feelings of stress? If I feel stressed right now because I'm getting sued, what do you recommend I do with that?

-Lots of workouts.

-Really.

-Well, nah, I mean, I would just share it will your wife and those closest to you and just try to talk through those things, because it's not the end of the world. We tend to put a lot of pressure on ourselves when we bottle those things up. And we tend to think it's all on us. But it's not all on you. And yes, it may threaten everything that you've built. But if you have someone to share it with, and in a private manner, then you should talk through it. You should be able to open up yourself to someone and be able to let some of that stress go. Because it's not the end of the world. Win or lose it's not the end of the

world.

Are you looking for online trainings for branding, sales, marketing, or time management tips?

Featured Coaching Excerpt - Notes & Transcript, Part 2
  • Ask Yourself: What relationships or systems do I have in place to help alleviate the stress of being sued?
  • Lesson Nugget: Don't waste time worrying about things out of your control. Find a system that helps eliminate stress from your life.
  • Lesson Nugget: Conduct your business with integrity and efficiency and you will not need to worry about these unforeseen legal issues.
  • Lesson Nugget: Don't let negative people steal your joy.

[MUSIC PLAYING]

-Have you ever lost sleep over being sued, or the potential of being sued? Have you ever lost sleep?

-I've woken up early thinking about the lawsuit. But yes, I would say I've lost some sleep over it. And it's a very stressful situation.

But fortunately, I had my wife. I had those closest to me where I could sit down and kind of work through some of the things. And I knew I had tried to do things the right way.

-One of the things a mentor of mine told me-- this guy was phenomenally wealthy, just ridiculously successful-- and he said, Clay our company's got to a point where it's a billion dollar business. And every day in one of our stores, somebody's getting hurt, and I hate that. But every day, in one of our stores across country, somebody's going to get hurt at least once a day. And there's people that their professional job in their mind is to sue people.

And he said, you can't let people take your joy. Because you only live this life once. And if I did that, I would probably have 100 days a year I would lose to frustration because people are suing me, or stress.

So I guess, what would be your encouragement to somebody right now, who is in the middle of this lawsuit. They're right in the middle. They've been in like a six month or a year long lawsuit. They're worried about losing the family business. Things like this happen all across the country.

Or maybe it's an eminent domain situation, maybe they have a family property and the government's trying to take it to build a highway. And they're just stressed about it. What would you say? Do they just need to kind of give that to God. Do they need to go work out a lot? What would be your advice for that?

-One of the things I like to do in the morning is get up and pray. And it gives me a good perspective. And it takes those things, those worries out of my hands. You can only worry about the things that you have control over. You cannot worry about the things you don't.

So yeah, that would be my suggestion is just get up in the morning. Just pray about it, and let it go. If you've done, what you're supposed to do. Then you can't worry about the outcome. The outcome is out of your hands. But if you're trying to do the right things and you're taking care of your business, you're going to be blessed in the end.

But I truly believe that all things work together for good for those who love God and who are called according to his purpose. So that's what I would suggest. Not everybody's on board with that, but I would suggest that.

-I would say one thing, if you're watching this right now and you say I don't know if I buy into the religious philosophies that a one, David Robinson, is sharing right now-- I think the one thing we have to look at is if you judge a tree, you want to judge the tree based on the fruit it produces. And I think that one thing is that you have three dynamic boys who are doing well. You have a wonderful wife.

DAVID ROBINSON: 22 years.

-22 years. You're not on the cover of some scandal magazine for your third divorce. You're not out there doing crazy things. And I guess I'm saying this because a lot of people who've been given the gift of celebrity, or success, or of height, or athletic skill they can't say the same thing.

-Well, just like anybody would listen to a motivating speaker. Why would you listen to them? Because they've studied people and they've seen success. Well, I think for me, what you are listening to is just my opinion, but I can tell you there's 20 years of real blessing to follow that, to back that up. So people can say what they want to say. But I know for sure, in my life, it's made a huge difference.

-David I appreciate you speaking with clarity. And bringing a lot of specific things that we can do and the right mindset we need to bring to this concept of being sued. Because it's not fun.

And there's really nothing out there that you can find where anybody's really mentoring you on how to deal with of these pressures and how to do that. And I just appreciate you taking the time. And I'm going to let you go ahead and kick me out of your abode so you can go hang out with your super wife, OK?

DAVID ROBINSON: All right, well, thanks Clay. Appreciate it.

-Thank you, sir.

DAVID ROBINSON: All right.

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