Building a Business That Lasts

Podcast > Building a Business That Lasts

Ep. 12 Business

Building a Business That Lasts

May 6, 2024 28 min

In this episode we sit down with entrepreneur John Peterson to discuss the principles behind building a resilient, lasting business — and the insurance strategies that protect it.

About the Guest

J

John Peterson

Serial Entrepreneur & Business Advisor

@ johnpeterson
Episode Transcript Show / Hide

John Peterson: When I started my first business, I didn't think about insurance at all. It wasn't until we had our first incident that I realized how exposed we were.

Host: That's such a common story. What happened?

John: We had a slip and fall on our property. No one was seriously hurt, thankfully, but the legal costs alone were enormous. That's when I started taking commercial liability seriously.

Host: So what advice would you give to founders just starting out?

John: Get your insurance in order before you need it. Don't wait for the incident. Talk to someone who understands your industry — not just a general broker.