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21st Century Entrepreneurship

21st Century Entrepreneurship

#553 Joe Prencipe: What Legal Traps Hit $1M/Year Firms?

Oct 23, 2026 · 24m

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Joe Prencipe is an attorney who began his career at a leading international law firm and has worked on more than $100 billion in transactions, and we spoke about the costly legal mistakes entrepreneurs make when their businesses reach $1 million in annual revenue. Having represented billionaires and growing startups, Joe explains why founders often bring their "minor league habits into the major league" when negotiating multimillion-dollar contracts, raising capital, or facing litigation. Joe...