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Outsourcing

Internet Lawyer: Jinky and the Frozen Fischer

By Internet Lawyer

Chess grandmaster Bobby Fischer was a weird duck until he kicked the bucket two years ago and was buried in Iceland. But they just dug Fischer’s frozen corpse up for DNA testing. Even to an Internet lawyer like me, that’s just damn strange.

Why the DNA test?

There’s a Filipino woman who claims that Fischer engaged in some hanky panky with her and now there’s a daughter named Jinky.

Because Fischer didn’t leave a will, Jinky stands to inherit his estate if the DNA tests prove Fischer was her dad.

Fischer could have prevented this simply by putting the right legal documents in place before he died. Instead, he didn’t get to rest in peace.

Best wishes,

-Mike the Internet Lawyer

P.S. To learn how to legally prevent the 5 biggest outsourcing mistakes from costing you thousands of dollars and many hours of lost time, click here now.

Internet Lawyer: How to Pwn Your Own LeBron James

By Internet Lawyer

outsourcing bballWhile the media buzzes about how much LeBron James is going to make with his next NBA contract, the dirty little secret is how every pro basketball player gets the short end of the stick.

Did you know that the average NBA career lasts just five years? So if you’ve busted your hump on the court, and become one of the best, you’re only spending a few years as an adult doing what you love. You’re trading time for dollars and hope you don’t get injured or caught in a scandal that ends your career early.

The long-term money isn’t made trying to become the next LeBron. Look at who really wins. The guy who owns the team.

LeBron’s employer might be able to dribble a basketball but certainly can’t dunk it. But the employer doesn’t need to because there are millions of kids just waiting to apply to do that for him on the court.

Think about what this means in your Internet business.

There are skill sets that you don’t have that you need to win…but you can bring them on board, with the help of your Internet lawyer, by outsourcing to a freelancer who has the skills. You pay for the skills and profit from them. The freelancer sells irreplaceable time that puts more money in your pocket.

Best wishes,

-Mike the Internet Lawyer

P.S. You only win when your contracts are tilted in your favor. The NBA does this with their player contracts. You can do the same with your outsourcing contracts. Learn more now at InstaSourcing.com

Outsourcing: Do you make these 5 deadly mistakes?

By Internet Lawyer

Outsourcing is one of the best ways for Internet entrepreneurs to grow their businesses. If you’ve got plenty of good ideas for new products and services but not enough time in the day to implement, you either need to hire employees which cost a lot — often more than than they’re worth — or outsource the work as projects to independent contractors. When you outsource with work-for-hire contracting, you can focus on growing your business instead of  getting trapped in the day-to-day details.

Over the years, I’ve seen entrepreneurs make some fundamental legal mistakes when outsourcing. These mistakes cost time and money to fix. And sometimes they can’t be fixed because the business was destroyed.

Although I’ve been able to help clients one-on-one avoid these outsourcing mistakes and profitably outsource work, there simply isn’t enough time in the day to personally do this for everyone. Even the attorneys who work with me don’t have enough time to meet the demand.

Because of this, I’ve decided to identify the 5 biggest mistakes that you can make when outsourcing and show you how to avoid them. Simply click this link right now to learn more.

Outsourcing: Do Your Independent Contractors Get Paid Like Today’s James Bond?

By Internet Lawyer

With a license to kill, a hit team took out a Hamas terrorist leader while he was staying at a Dubai hotel. If he were alive today, Ian Fleming would probably have considered the hit as a plot for one of his James Bond novels.

As the hunt continues for the those who carried out the hit, it appears that the majority of the agents involved used Payoneer pre-paid credit cards.

I’ll confess. When outsourcing, I use and have recommended Payoneer for paying overseas independent contractors. They are a good solution for compensating those who do work for you when you can’t get the funds sent via PayPal.

However, like PayPal, Payoneer undoubtedly faces scrutiny because of the potential for abuse for money laundering, tax fraud, financing terrorism, and other illegal activities.

That being said, both companies are useful tools to have in your oursourcing arsenal. You can use them for good or bad purposes.

And if you’re using them to pay your independent contractors abroad, be sure you’ve got documentation on file regarding identity, etc. that will reduce the likelihood of spending time dealing with either the Internal Revenue Service or the Department of Homeland Security.

When in doubt, make an outsourcing paper trail showing what you’re doing is legal.

Outsourcing is just one of the many important issues covered in “Internet Marketing Legal Secrets Revealed,” my book that’s currently offered as a bonus for those who invest in Website Legal Forms Generator software.

India Outsourcing Killed by PayPal?

By Internet Lawyer

If you’re paying for computer programming, web design etc. to India via PayPal, think again for the time being. In response to the Indian government’s crackdown on international money laundering, PayPal has suspended “personal payments to and from India and transfers to local banks in India…Customers can still make commercial payments to India but merchants cannot withdraw funds in Rupees to local Indian banks.”

India-based affiliates for online marketers who pay commissions via PayPal are probably going to have a difficult time getting paid now too.

In this case, you shouldn’t shoot the messenger. PayPal is going to have a difficult time verifying the identities of those who send payments. Until it comes up with a solution that satisfies India’s government, don’t expect resumption of payments.

One hopes that the issue is simply one of fighting money laundering rather than India looking for a way to track payments for income taxation and other regulatory purposes.

If you send funds by PayPal to India and the money gets returned, at least you’ll know why. Although a hassle, one temporary solution is to use international bank wire transfers because you’re providing your identity via your bank when sending the funds. Of course, that may mean renegotiating your agreements with Indian independent contractors to cover the additional transfer fees and modifying your affiliate program operating agreement to take into account additional costs too.

Hat tip: Personal Payments and local bank transfers in India (PayPal blog)