In this episode, host Kevin Griffin addresses a question from his friend Sean regarding whether to opt for errors and omissions insurance or general liability insurance, the process of obtaining them, and their cost. The discussion covers the significance of insurance for consultants, freelancers, and contractors to mitigate risks like lawsuits for professional mistakes. Kevin elaborates on general liability and professional liability (errors and omissions) insurance, sharing personal experiences with client requirements and the aftermath of a challenging project. Additionally, the host recommends using techinsurance.com to find insurance quotes and concludes by emphasizing the importance of protecting one's business and personal assets.

Insurance: techinsurance.com

00:00 Introduction to Insurance Queries

00:26 The Basics of Insurance for Freelancers

02:08 Understanding General Liability and Professional Liability

03:20 The Importance of Errors and Omissions Insurance

05:27 Real-World Insurance Requirements and Negotiations

07:18 The Cost of Insurance and Its Value

07:57 A Personal Client Experience and the Safety Net of Insurance

11:55 How to Acquire Insurance for Technical Consulting

13:25 Conclusion and Invitation to Join the Community

This conversation with Clark Sell, founder of THAT Conference, delves into the intricacies of organizing community-driven tech conferences. Clark shares his journey from working in the tech industry to starting and running THAT Conference, along with another company called Unspecified. The discussion covers the challenges and changes in conference organization post-pandemic, including financial hurdles and attendee engagement. Through his story, listeners gain insight into the dedication required to run successful community events and the impact of such gatherings on personal and professional growth.

00:00 Opening and Guest Introduction

00:12 Conference Experiences and Accolades

01:56 Clark Sell: Beyond Conference Organizing

04:33 The Genesis of 'That Conference'

08:02 Navigating the First Event's Financial Challenges

10:55 The Intricacies of Conference Planning and Venue Negotiation

15:15 Sponsorships, Ticket Sales, and Financial Realities

24:58 Expanding to Texas: A New Frontier

27:58 The Unique Challenges of Event Planning

28:17 Innovating the Event Experience with Custom Tech

33:11 Exploring the Personal Journey: From Microsoft to Entrepreneurship

37:57 Navigating the Pandemic: Challenges and Adaptations

40:24 Envisioning the Future of Community Events

45:57 The Value of Community Conferences: A Call to Support

Creators & Guests

• Kevin Griffin - Host
• Clark Sell - Guest

In this episode of Multithreaded Income, host Kevin Griffin focuses on utilizing a Master Service Agreement (MSA) for freelancers and consultants, especially when dealing with clients. Kevin shares his experience and insights on why having an MSA is crucial for outlining the scope of work, setting expectations, and protecting both parties in a professional engagement. He discusses various sections of the MSA, including the statement of work, warranties, fees and payment, intellectual property ownership, term and termination, handling disputes and governing law. Kevin emphasizes the necessity of working with a lawyer to ensure that the MSA is legally solid and tailored to specific needs. He touches on the process of negotiating terms through redlining. The episode intends to provide listeners, including those new to freelancing or consulting like his friend Sean, valuable information on creating and managing contracts effectively.

00:00 Questions from my friend, Sean

00:37 The Importance of Master Service Agreements

01:37 Breaking Down the Master Service Agreement

02:18 Key Sections of the MSA Explained

07:13 Intellectual Property and Termination Clauses

10:59 Navigating Legalities and Client Negotiations

12:48 Final Thoughts and Discord Invitation

Creators & Guests

• Kevin Griffin - Host