Martial Arts Professional Magazine

Classical martial artists spend much time and energy to learn timing, as part of their training. For example, in traditional Japanese swordsmanship, when the warrior defeated his enemy, based on the moment in time, he became aware that an attack was imminent.Go No Sen is the name for a warrior who saw the attack and defended himself. Sen No Sen is when he became aware of the attack and launched a counterattack at exactly the same time (a stop hit, per se). Eliminating an attack before it is launched is the highest level of strategy.I am amazed at the martial artists that understand this self-defense theory, but fail to understand that this is a universal principle and must be applied to all areas of their lives.

Most of them tend to spend all their time learning self-defense techniques to teach their students, instead of studying business, marketing, sales and wealth “self-defense”. This can result in them being vulnerable to lose it all with one lawsuit, if they don’t understand entity structuring and asset protection.

With eighty million lawsuits being filed every year, an instructor is more likely to be sued than being assaulted on the street. Seventy percent of the world’s lawyers are in the U. S., and almost 50,000 new law school graduates enter the profession each year! More lawyers mean more competition for clients and that leads to new and creative theories of liability and methods to extract profits from profitable school owners.

Here are some more interesting lawsuit facts:

• Contingency fees by trial lawyers exceed $10 billion annually.
• For personal injury litigation, more than $96 billion is spent or lost each year in America to pay $41 billion in compensation to injured parties and their attorneys.
• Lawsuits are a real threat to a martial arts school owners and their financial wellbeing. Imagine a punk sticking a .357 magnum at your throat and demanding your wallet, credit cards, jewelry and keys to your luxury car. You would recognize that your wealth and personal wellbeing is being attacked and maybe you’d even feel vulnerable and violated.
• You will experience the same feelings if you are sued, but that will be legal. As a Black Belt businessperson, you must learn skills to help you avoid ambulance-chasing attorneys who might target you and your hard-earned assets.
• Do you own the building that houses your school or do you plan to own it someday? This is one of the key elements to build wealth. If you are ever sued, then the jury (who are more likely to consist of people who pay rents as tenants and are usually jealous of those that have a little wealth and own real estate) may consider your trial as a “pay back” opportunity to even the score with any hard-nosed landlords.
• Consider this: most judges may earn less than you. How sympathetic could they possibly be? Do you think it’s likely you’ll receive a fair trial? You might as well just hand the court your checkbook and the title to your house or commercial building, unless you have studied asset protection self-defense strategies!

Lawsuit versus Asset Protection

You can’t prevent all lawsuits, but you can design a wealth self-defense plan to protect yourself from personal liability. If there is a lawsuit, are you or a corporate entity currently liable? If you lose a lawsuit, then what assets could be seized? Asset protection is the last line of defense against those that will try to take what you have worked so hard to earn.

Be A Proactive Wealth Warrior

Do not rely on counterattack strategies; instead, be proactive and put your action plans to work in advance, before trouble happens. Once a lawsuit starts, it is too late to move or hide assets. It must be done in advance. Now is the best time to start to learn wealth self-defense. You must incorporate specialized knowledge and plan, on paper, exactly how you have designed you entity self-defense plan to protect you and your family.