Profit First for Lawyers
Reality, Ego, and Your Finances
This is an eye-opening episode on a critical yet often uncomfortable topic: the role of ego in law firm management. Featuring exclusive content from RJon Robins’ audiobook recording sessions, this episode serves as a stark reminder of the importance of facing financial facts head-on. With an emphasis on the need to confront realities, no matter how unpleasant they may seem. By sharing anonymous real-world examples and offering practical advice, RJon provides a wake-up call for law firm owners to make decisions based on data rather than ego.
“Truth is reality. Reality is truth. Truth does not depend on us to approve of it…Truth doesn’t depend on us to like it. Truth doesn’t depend on us to agree with it. Truth is what truth is. It is just reality.” – RJon Robins
Key Takeaways
- The danger of confusing positive cash flow with profitability
- The importance of looking beyond surface-level financial indicators
- The risks of ignoring financial realities in your law firm
- The value of seeking objective opinions and trusting data over gut feelings
- The necessity of checking your ego when making business decisions
Links & Resources
– Ep 45: Secrets To Bookkeeping That Does Not Suck with Sherri Mansell
– Profit First for Lawyers curated resource page
– Leave us a review on Apple, Spotify, Audible or wherever you listen to your favorite podcasts
– Buy your copy of Profit First for Lawyers
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