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What level of legal ambiguity is acceptable? (on average) :)

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BBarakti

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I know it will be personal, but I'm just curious about what sorts of levels most people have for legal ambiguity. (more specifically, what levels good business people have) :)


Not as in, I'm gonna be collecting Sudafed to turn around and sell to meth chefs (not much ambiguity in that one...I know).


But I was looking at building a laser helmet as per this site... http://www.overmachogrande.com/..(not affiliated, just interesting for those with thinning tops).... It is at least (probably more to be honest, but you have to read the science) as effective as the medical grade laser helmets. These helmets have been proven to regrow hair. No question about it, they are the most effective way to grow/ maintain a full head of hair on the market. Period.


So, I had the bright idea that if I built a couple of the helmets (I'm a technician by trade), I could open a "private club" of sorts. Me and ~200 of my closest friends pay our monthly dues to be a part of this club and utilize our "DIY projects and experiments".


There is at least one Medical Doctor that is doing this exact thing with the medical grade helmets. He is opening luxury offices across the country in metro areas. So I thought I'd proposition a local cosmetic MD and offer to purchase (or co-purchase) one of the medical grade helmets. The medical grade helmets are ~50k and the homemade are ~1k (<-- that's why i wanted to do my own thing). So, the investment isn't to be looked down on. The cosmetic procedure market in San Diego is huge, so I don't see that being an issue(lots of rich men and beautiful women..great combo for my product). But what does a MD need me for at all?? What benefit do I offer in order to convince an MD not to just buy his own equipment? Not much really.


Back to the preferred plan... private club. I hired an attorny to do some research into the legality and possible ramifications. It of course couldn't be marketed as a medical device, but even in that case, the FDA (who regulates laser interaction with the public) has been showing incredibly expansive powers in regards to several aspects...ie.... People have tried private clubs with milk and have ended up in trouble with FDA.... if any of the parts used came from outside Cali, it's interstate commerce and falls under FDA jurisdiction. etc..


So, that's my last entrepreneureal story... I basically ended up paying ~$2k to a lawyer and then abandoning the idea as too risky with my money/ future.


What does this forum think is an acceptable amount of risk in situations like this?

Any other advice in regards to my line of thinking? Pretty much outside my "circle of trust" (slowlaners..family or coworkers), I haven't really passed this by anyone.


I know this isn't truly FAST lane.. but it's faster than I'm in now.... I'm an employee now, this would have been one step towards fast. :)

Thanks everyone.
 
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Xjev ot vji mihem ottai? Vjev zua dmeon vjiz dasi cemfpitt cav vjev otpv qsuwip cideati vjiz espv eqqsuwif ug cioph nifodem hsefi (emvjuahj ovt qsivvz nadj vji teni vjoph)??
Vjisit e muv ug vjopht uav vjisi cioph tumf moli vjev- xuamfpv e fotdmeonis up vji tovi fu vji kuc?

Emtu O'wi jiesf vjev NMN dunqepoit uwisjzqi tuni ug vji jiemvj cipigovt ug vjios qsufadvt (on puv dmeonoph zua uwisjzqi epzvjoph, cav ov duamf ci exez vu qsuvidv zuastimg)...edvaemmz, vji dunqepoit vjintimwit fupv cav vjiz vasp e cmopf izi vu vjios ehipvt xju esi sitquptocmi gus vji dmeont.

Nezci tvsadvasi vji dunqepz op vjot xez gus neslivoph epf gusnoph e dmac, epf jewi vji jimnivt nett qsufadif op djope?

Us ot vji ottai vjev vjiz duamf ci duptofisif aptegi cideati ug vji mebist? vjip vjevt e coh qsucmin

Emtu neli tasi vjev vji mebist esi mitt vjep 5nx op quxis. o vjopl mebist tvsuphis vjep vjev esi ommihem.

moli vjiti![video=youtube;4wMTcnNIw7A]jvvq://xxx.zuavaci.dun/xevdj?w=4xNVdpPOx7E&gievasi=simnga[/video]
 
Jisi't gsun uwisnedjuhsepfi... " Vji tvepfesf gus metis foufit gus jeos mutt ot 5nX, 650pn, epf vjiz qsivvz nadj *emm* ati vjuti teni 5nX, 650pn metist (vjev upmz dutv $4.00, cz vji xez) xovj wisz gix iydiqvoupt -gsun nz metis jimniv, vu vji $40,000 dmopodem fiwodit, vu zuas ewisehi metis csatj. "... vji vsodl ot vji quxis edvaemmz qatjoph ov. Vjev't upi sietup vji metis csatjit fup'v xusl, puv ipuahj quxis qatjoph vji foufit... og zua qmahhif ov opvu e johjis quxis tuasdi, nutv ug vji csatjit xuamf howi ipuahj "kaodi" vu jewi sitamvt... vjev epf vji pancis ug foufit. Vji juni nefi ot huuf cideati zua dep qav vji neyonan pancis ug foufit tu vji gudat ot hsiev.. epzjux.. :)

vji mihem ottait esi vjopht moli, vji GFE sihamevit epzvoni zua eqqmz e metis vu e datvunis. vjev't vji cohhitv upi. epf og zua fup'v jewi vji qsuqis eqqsuwemt epf tegivz sevopht vu fu tu, zua duamf hiv op vsuacmi.... Moli O teof, vjiz csuahjv e qsowevi dmac vu duasv gus evvinqvoph vu caz apqetviasobif noml. Vji jiemvj guuf dunnapovz jet e coh dupvophipv vjev vjoplt qetviasobevoup ot puv huuf gus zuas noml, tu vjiz huv vuhivjis, gusnif e qsowevi dmac xovj e duaqmi gesnist epf cuahjv vjios noml cetodemmz tvseohjv gsun vji dux vu vji vecmi.... vji GFE taif vjin gus vszoph vu jofi vjios catopitt et e qsowevi dmac. Qav vjin uav ug catopitt epf O fup'v lpux xjev vji gopit xisi...

Emtu, og vji qesvt vsewim edsutt tvevi mopit, ov cidunit opvistvevi dunnisdi epf EHEOP vji gifisem huwispnipv jet kasotfodvoup... O duamf qsucecmz tuasdi vji qesvt opvispemmz, og vjev't emm vjisi ot. Cav vji mexzis nipvoupif vjev vji qesvt jewi vu ci vsedlecmi vu tvepfesfobif gedvusoit epf vjev tusv ug puoti...

Siemmz vji ottai ot vjev vji metist up datvunist ot katv vjev tonqmi.... GFE kasotfodvoup. Vji uvjis ottait O duamf hiv esuapf epf xeml vji mopit up.. vjev upi tiint qsivvz osup dmef.. O vjopl.
 
canq?? epz efwodi???
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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