Derek Blueford New York

Derek Bluford : When you’re an entrepreneur, I have found that there are plenty of organizations, companies, and people who swear to help you grow your business and make it a success. Most tend to end up just being an expense and lesson learned.

From left: Kings owner Vivek Ranadive, Derek Bluford and Velocity Capital General Partner Jack Crawford. Bluford’s business, Quicklegal, won the Sacramento Kings Capitalize competition in April. (Photography courtesy of John Jacobs)

Derek Bluford, CEO of Quicklegal, sat down with us this week to chat about what it takes to be an entrepreneur, being named the Techweek Los Angeles LAUNCH Competition champions and the future of Quicklegal.

Ep 124 Derek Bluford of QuickLegal joins Nathan. Derek Bluford is the founder of Quicklegal, Inc., A new company that provides attorneys on demand via Facetime, voice call and instant messaging. Mr.Bluford has a history of entrepreneurial success in the legal service markets, and has won business awards such as California TechWeek, Entrepreneur Magazine Growth Conference, Legal Innovator and more. Mr.Bluford has a degree in legal studies and graduated Cum Laude. Mr.Bluford’s companies have been seen on publications such as Business Journal, California Lawyer, Landlord, Daily Journal and Porsche’s “The Drifter”.
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3 Key Points:

Due diligence is key to decision making
Create a stellar team and build upon partnerships
There are lots of contributing factors in the decision to sell

Episode Notes: 

01:15  –Nathan’s introduction to today’s Show with Derek Bluford
01:34 – QuickLegal
02:00 – Founded January 2014
02:14 – Why did you start Quick Legal?
03:10 – Sold last company for $424,000 when he was 26 years old
03:41 – Funding came from last company
04:10– Launched February 215 after one year of beta testing
05:00 – What does QuickLegal provide?
04:13– How do you make money?
06:04– Bootstrapped company up to 600,000 and raised about 750,000
06:31 – Evaluation hopes of $12 million
06:58 – 65k per month, 800k annual rate
07:44– Offers to purchase
08:31 – Growth before selling
09:30 – Use offers for credibility for evaluation
10:00 – Will not sell for $14 million
10:08 – Why won’t you sell?
11:30—Shark Tank
12:09—Biggest concern
14:12 – The Famous Five

Resources Mentioned:

QuickLegal, Derek’s new company that provides on demand legal service
Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects without hiring full time employees.
The Success Principles—By Jack Canfield

Famous 5

Favorite Book?— The Success Principles by Jack Canfield
What CEO do you follow?— Jack at Cleo
What is your favorite online tool?— Google Analytics
Do you get 8 hours of sleep?—Absolutely not, probably closer to 8 hours per week
If you could let your 20 year old self know one thing, what would it be?—Always be humble and realistic. Follow the data.

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Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.
 
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Quicklegal Practice Management, Inc is a new app that allows users to instantly video chat, audio call or private message an attorney anywhere in the nation. Now consumers can obtain instant, reliable legal advice on demand – all from the comfort of their mobile devices!

Derek Bluford Quicklegal: The Law Firm of the Future. March 4, 2015, 5:30 PM. Room 180, Stanford Law School.

Derek Bluford, QuickLegal’s owner, took some time to reminisce and discuss his experiences at LAUNCH with us.

So what happens if I'm not a great salesperson. "Shark Tank" star Barbara Corcoran offers advice to this pitch with what to do if you can't sell. Some say great salesmen and saleswomen are born, others say their made. Either way, check out this great video for advice on what to do if you can't sell.

Want legal help at any time of the day on your mobile? Quick Legal promises this and more. Quick Legal connects you with a vetted legal counselor for quick advice via video almost like having the phone number of a trusted lawyer. We interview Derek Bluford, CEO and Founder of Quick Legal, who describes his new mobile legal service. Give it a view.

Founder Derek Bluford talks about Quicklegal, a new company that provides attorneys on demand via FaceTime. To vote for this company, tweet Quicklegal along with the hashtag #KingsCapitalize. More info about the Capitalize Startup Contest can be found at Kings.com/Capitalize.

If Derek Bluford hadn’t come down with strep throat, he never would have tried a smartphone app that allowed him to immediately access a doctor.

The application links people who have legal questions with attorneys seeking clients. Users can ask some questions for free. They can also pay $39 for 15 minutes of legal advice in real time on the app. The app puts the customer face-to-face with the attorney in an on-demand video chat.

The app seeks an attorney near the user, and then it allows the user to select a legal specialty.

Attorneys pay $500 a month to be on the app. The service pays for itself if the attorney takes one call a day, and more than pays for itself if the attorney gets retained by a client, said CEO Derek Bluford.

It's Friday! I hope everyone had a great National Small Business Week. Celebrate by kicking back and watching this week's batch of essential videos for entrepreneurs, which includes digital marketing expert Kevin Ryan's advice about taking on the big guys, Brendon Burchard on the power of habit, and Jack Ma's 10 Rules for Success. Plus, Barbara Corcoran gives advice to an entrepreneurial newbie and David R. Bell discusses how the offline world affects online sales.

Sacramento Mayor Kevin Johnson's State of the City address included a proposal for the city to invest in between 4 and 6 entrepreneurs, but a venture capital group is ready to invest even more in area businesses.

Dave McClure is a founder of 500 Startups. He says the company has invested $200 million in 1,500 companies worldwide since 2010 and will invest more in Sacramento. He says startups are volatile, which means it's a good idea to invest in many of them.

Derek Bluford is a name that stands tall in the list of budding entrepreneurs in Sacramento, California. Founder and investor of several companies in the city. A man who is barely 30 years old has made a mark in the industry. Derek has gained unprecedented success as an entrepreneur.

When you’re an entrepreneur, I have found that there are plenty of organizations, companies, and people who swear to help you grow your business and make it a success. Most tend to end up just being an expense and lesson learned.

Derek Bluford was in eighth grade when his single mom got into legal trouble. She had gotten injured at her prison job and couldn’t work full-time. Disability assistance wasn’t enough to cover utilities, food and rent, and they were about to get evicted from their duplex rental in Elk Grove.

Derek Bluford, CEO of Quicklegal, sat down with us this week to chat about what it takes to be an entrepreneur, being named the Techweek Los Angeles LAUNCH Competition champions and the future of Quicklegal.

Derek Bluford of QuickLegal joins Nathan. Derek Bluford is the founder of Quicklegal, Inc., A new company that provides attorneys on demand via Facetime, voice call and instant messaging.

Quicklegal Practice Management, Inc is a new app that allows users to instantly video chat, audio call or private message an attorney anywhere in the nation. Now consumers can obtain instant, reliable legal advice on demand – all from the comfort of their mobile devices!

The law as a profession is quickly giving way to law as a business as new technologies have placed unprecedented pressures on lawyers and law firms to adopt not only modern technologies but also modern best business practices to reduce inefficiency, improve quality and meet the expectation of the customer.

Techweek is a weeklong convention and festival held in five of the most innovative cities in America: Chicago, Detroit, Los Angeles, Miami, and New York. It draws people from a plethora of industries and job roles from all over the country. They have fun, learn from the presentations, and network with potential bosses or clients. Companies send representatives to scout for the next big business and new ideas to invest in.

Want legal help at any time of the day on your mobile? QuickLegal promises this and more.QuickLegal connects you with a vetted legal counselor for quick advice via video almost like having the phone number of a trusted lawyer. We interview Derek Bluford, CEO and Founder of QuickLegal, who describes his new mobile legal service. Give it a view.

If Derek Bluford hadn’t come down with strep throat, he never would have tried a smartphone app that allowed him to immediately access a doctor.

He did, and within minutes, the doctor sent him a text with the address of a pharmacy where he could pick up his prescription. Bluford’s mind started spinning, and he thought to himself, “Why don’t I do this in the legal field? People need legal advice all the time.”

A Sacramento-based smartphone app for people with legal questions recently made a splash by winning a tech contest and signing up users.

In October, Quicklegal Inc. just launched its app for Apple and Android users.

The application links people who have legal questions with attorneys seeking clients. Users can ask some questions for free. They can also pay $39 for 15 minutes of legal advice in real time on the app. The app puts the customer face-to-face with the attorney in an on-demand video chat.