"When you invest the time and energy to think through and test and refine and install and improve and maintain your policies and your procedures and your systems, it's not necessarily going to show up in your profit and loss statement right away. But clearly you've created something of value, haven't you?" – RJon Robins
Welcome inside the vault. This is a collection of previously unreleased lessons from eight-figure entrepreneurial mastermind RJon Robins. And in case you didn't see the warning label, this content can be explicit and is for serious entrepreneurs only.
In this interactive lesson from January 2018, RJon addresses what many lawyers run from...their business finances. He simplifies three financial fundamentals through a practical exercise for law firm owners to understand:
- The critical difference between passive/static overhead and dynamic overhead and its impact on business growth.
- How profit and loss statements differ from balance sheets and how to analyze ROI on every team member.
- The fair and very real market value of business systems, processes, and procedures.
RJon demonstrates how these financial distinctions can transform your approach to business financials and help build real equity in your law firm.
Let's go to the vault!
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