Been trying to increase my company size lately and get more serious about my company, Rocket Boards.
Most of my hurdles right now have nothing to do with e-skate itself, but legalities. A friend of mine whose been very successful in the start up business world tells me that I’m going to get sued, and to be ready for it.
It seems to me like everyone at this point is just one lawsuit away from losing their company. Whether a faulty product or a stupid rider who wants to cash out on their mistakes, I can’t imagine the legal costs, whether they win or not, and if they win, the payout also.
Have you guys just been lucky not to get sued? Do you guys have any strategies or recommendations?
My philosophy is to only sell the highest quality stuff, that I personally have tested thoroughly, and know will not just fail. But to some degree, this isn’t enough, especially as we move to higher end boards that are easier for riders to make mistakes with (due to the amount of power in the system).