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Contract<br />

LARRY GOINS AND SHAUN MCCLOSKEY<br />

The contract is one of the most important things you need for every<br />

single speaking event. There is no way <strong>to</strong> tell what might go wrong<br />

and as Murphy’s Law suggests, what can go wrong will go wrong.<br />

Experience has proven <strong>to</strong> me that it is always better <strong>to</strong> plan ahead<br />

and avoid potential miscommunications along the way. The last<br />

thing you need <strong>to</strong> deal with is a speaker showing up claiming that<br />

you promised <strong>to</strong> provide something which you expected them <strong>to</strong><br />

bring. Since the contract outlines every last detail, you can simply<br />

refer back <strong>to</strong> it. As a binding legal agreement, there is no way they<br />

can argue.<br />

The contract will also need <strong>to</strong> outline any consequences if the<br />

speaker fails <strong>to</strong> follow the agreement. How severe these<br />

consequences are will be up <strong>to</strong> you. Try <strong>to</strong> avoid the urge <strong>to</strong> include<br />

huge monetary penalties, because it will cause the speaker <strong>to</strong> think<br />

twice about agreeing <strong>to</strong> it.<br />

If the speaker has been doing this for a while, they may already have<br />

a contract they can send <strong>to</strong> you. As with any contract, make sure <strong>to</strong><br />

read and understand it before signing.<br />

If your speaker doesn't have a contract then you can either search for<br />

one online or reach out <strong>to</strong> us and we'll get you one<br />

(help@lifeonaire.com or Kandas@LarryGoins.com). Most <strong>REIA</strong><br />

groups are well networked, and many of them will share what they<br />

use with you, or of course a lawyer can write one up for you. No<br />

matter what you choose <strong>to</strong> do, however, never book a speaker<br />

without having something in writing so that both parties know what<br />

they're agreeing <strong>to</strong>.<br />

Some of the most important aspects of a contract are:<br />

1. Date, location, and time of the event.<br />

2. Product specifics<br />

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