Have you ever felt like the more money your law firm makes, the more stressful it becomes?
I’ve been there, and I remember the panic I felt whenever our bank balance dropped below a certain number; that one simple thing would send me into full-blown anxiety. Even worse, I didn’t know what I was doing when it came to managing money.
A financial plan would have kept me from spiralling (and spiral I did, sometimes), and this is exactly why, in this episode of Crushing Chaos With Law Firm Mentor, I decided to share with you the financial system that helped me go from terrified to in control.
Listen now and learn:
- The one number every law firm owner should always have at their fingertips
- Why cutting expenses isn’t the answer
- How to plan for income just like you plan for expenses
- Why financial anxiety creeps in even when there’s money in the bank (and how to overcome it)
- How focusing on producing more revenue leads to true financial freedom
… and so much more!
If you’ve ever felt overwhelmed by money or don’t know where to start when it comes to managing your law firm's finances, this episode is for you.
Tune in now!
Key Takeaways:
Introduction (00:00)
Know your “one” number (04:03)
Create a plan (08:25)
Manage your expenses (11:42)
Make more, don’t spend less (20:38)
Additional Resources:
⚡ [Free Training] 5 steps to never stop growing: https://lawfirmmentor.net/go/
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Crushing Chaos With Law Firm Mentor is a podcast aimed to help lawyers and law firm owners scale their business, make more money, and escape the 60-hour week grind for a life they love. Follow us wherever you get your podcasts so you don’t miss a thing!
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