Daily General Counsel, PLLC received a Bronze award at the 2015 reSET Impact Awards, an annual event that honors winners of the Impact Challenge and recognizes innovative, impactful and viable early-stage ventures and startups from all industries.
Impact Award winners shared information about their companies and their experiences with Innovation Destination: Hartford. Read the interview and watch a video with Jan A. Glassman, Esq., Founder & Managing Member of Daily General Counsel.
IDH: When did you start the company and how did you develop the business concept?
GLASSMAN: I founded Daily General Counsel in 2012.
Prior to founding DailyGC™, I had spent 15 years as Senior Vice President, General Counsel & Director of a national management consulting company that focused exclusively on small businesses. I had done just about everything I had set out to do and I needed to figure out what was next. In October 2011, I jumped off that cliff into the great unknown and resigned from my job without any idea of what I was going to do next. I left that job a month later.
At that time, the number one domestic economic issue was the creation and preservation of jobs, and that’s what small businesses do. It was clear to me that many small business owners were unaware that a single day’s input from a sound and experienced business lawyer can reduce or eliminate a multitude of business problems. But these companies often are overwhelmed with operations, sales and survival. They can’t afford or are afraid to hire counsel on a typical hourly or retainer basis and they are not large enough to support an in-house lawyer.
From my years “in the trenches” resolving countless legal problems on a daily basis, I knew that all small business owners needed this legal help but most could not afford it. I founded DailyGC to help this underserved community, because a small business that succeeds will contribute to job growth and make a positive difference in its community.
IDH: What services does DailyGC provide?
GLASSMAN: DailyGC helps the underserved community of small businesses and startups that cannot afford to hire a lawyer for their basic legal needs by providing affordable general counsel services on a One Day and Done™ model. An experienced business attorney spends a full business day at the client’s place of business and, for a very affordable flat fee, either resolves the legal issues or educates and empowers the client to proceed independently. For follow-up or hourly work, DailyGC offers very aggressive, below-market rates and rapid, effective service.
IDH: How did you get involved in the reSET Impact Challenge?
GLASSMAN: We were very fortunate to be a 2015 Impact Entrepreneur with Root Cause/Social Innovation Forum’s Social Impact Accelerator in Boston. As we were completing the SIF Accelerator, our cohort was urged to apply for the reSET Impact Challenge for a chance to receive a grant to help us grow our business to the next stage. Since my co-founder, Joel Sowalsky, is from West Hartford and still has extensive connections in the Hartford community, we couldn’t resist the opportunity.
IDH: Where do you see your company in the next few years?
GLASSMAN: To bring our new legal product to the more than 15 million small businesses in the U.S. that do not use lawyers, DailyGC is creating a two-sided marketplace, where business owners can find the lawyer of their choice at a price they can afford and experienced attorneys throughout the country who share our social mission can run their own businesses through our turnkey operation.
Within three to five years, we see our marketplace hosting 25 to 50 DailyGC-branded companies in New England, New York City, Chicago and Washington, D.C.
IDH: What’s your advice for entrepreneurs or startup business owners?
GLASSMAN: Go lean. Spend as little as possible to build your minimum viable product. Test your riskiest assumptions thoroughly, so that you can see your product through your customers’ eyes (i.e., make sure they want what you are creating). Ask for help, be a good listener, have an open mind to pivots and pay it forward.