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Dealing with my first entrepreneur legal fight: how do we emotionally handle it? (alien.top)

submitted 11 months ago by wellthatwasashock@alien.top to c/entrepreneur@indiehackers.space

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Not asking for legal advice here, more how to handle things emotionally.

Long story short, we started a joint venture with another company last year and they stiffed us on payment and walked off with the IP we built. I won't go into details, but they've got deeper pockets than us, and are trying to intimidate us into walking away.

I've got lawyers working on it, and we're taking all the steps to handle it well. But fuckingdamn if it's not an emotional load. Sleepless nights, angry days, the works.

While I'm hopeful we'll have a good outcome (we were solid about documenting everything), it looks like it'll be a long road.

I'm using it as a solid learning curve. But: How have you guys handled similar situations emotionally? Especially when it looks like it'll take another 1 - 2 years to sort out. Feels like it's taken the wind out of my sails.

[Edit: Grammar]

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[–] wellthatwasashock@alien.top 1 points 11 months ago (1 children)

Hey! I so appreciate you taking the time to message me. Mine is a fraction of the time and size, so I can barely imagine how you’re feeling.

That sounds very wise, and makes a lot of sense. I think part of it is getting over the sense of loss, and realizing that if you’ve built something once — you can build something else valuable again. But man is it a kick in the stomach.

I hope your situation turns out well. But I’m very glad to hear that you’re finding ways to move through it. I’ll absolutely take that input. Thanks again!

[–] shadeville82@alien.top 1 points 11 months ago

No problem! These things happen unfortunately but the real value is in your creative imagination, your mind. We all fall down and get back up again. Even if that company seems as strong as an oak tree, remember that tree can produce millions of match sticks, but with time and patience, one of those match sticks can burn down that entire tree. You can always rebuild and most importantly, continue to create. Karma is very real, for motivation, look at the lost "and found again" interview of Steve Jobs... Take care!