You may or may not know this already, but there are a lot of misconceptions that people have about owning a law firm as a business rather than just doing well in your practice. There is a lot that goes into lawyering and there is a lot that goes into owning a law firm. The lawyering part you know already, but owning a law firm and knowing the cold hard truths of what it really takes to be successful is a whole new realm with which you may be unfamiliar. Lots of people will give you advice, most likely leaving out the cold harsh truths, but not me.

In this episode, I want to talk about the cold hard truths of being the owner of a law firm and the journey of transcending the business to becoming the CEO of the business. 

In this episode, I’ll discuss:

• Four hard, cold truths about owning a law firm
• How broke is a state of being, more than it is a reality
• Why you can’t save your way out of being “broke”
• The positive results of evolving your thinking and your patterns
• Why you can’t punish your employees that are screwing up
• The mindset of the employee versus the entrepreneur versus the CEO
• Why you can’t expect the mediocre to evolve into rock stars
• The value of using an assessment when hiring
• A common tie between lawyering and self-esteem
• How committing to being the CEO will mean having to redefine yourself
• Balancing the energy of being a manager and the energy of being a leader
• Leadership versus management