The Necessity of Growth - Replay from March 2021

Today we are sharing a previously recorded episode that is just as timely as it was when it was first recorded. In it I wanted to talk about the need for growth and how it ties into the subject of intake.   You want more clients and more money, which means you need to grow.   However, growth is often destabilizing.   How can you and your law firm successfully work through the ‘growing pains’? Stay tuned to find out!   In this episode we discuss: How growth can be destabilizing, yet necessary. 5 principles of why we need to grow. The necessity of having a CEO and the CEO’s responsibilities. How opportunity is the fuel that propels a business forward. The money math of growing and investing in your business while experiencing inflation. How clearing clutter removes energy, making room for new energy. Why growth can trigger a fear of abandonment. How growth can help to overcome entrepreneurial burnout. Allison Bio:   Allison C. Williams, Esq., is Founder and Owner of the Williams Law Group, LLC, with offices in Short Hills and Freehold, New Jersey. She is a Fellow of the American Academy of Matrimonial Lawyers, is Certified by the Supreme Court of New Jersey as a Matrimonial Law Attorney and is the first attorney in New Jersey to become Board-Certified by the National Board of Trial Advocacy in the field of Family Law.    Ms. Williams is an accomplished businesswoman. In 2017, the Williams Law Group won the LawFirm500 award, ranking 14th of the fastest growing law firms in the nation, as Ms. Williams grew the firm 581% in three years. Ms. Williams won the Silver Stevie Award for Female Entrepreneur of the Year in 2017.  In 2018, Ms. Williams was voted as NJBIZ’s Top 50 Women in Business and was designated one of the Top 25 Leading Women Entrepreneurs and Business Owners. In 2019, Ms. Williams won the Seminole 100 Award for founding one of the fastest growing companies among graduates of Florida State University.   In 2018, Ms. Williams created Law Firm Mentor, a business coaching service for lawyers.  She helps solo and small law firm attorneys grow their business revenues, crush chaos in business and make more money.  Through multi-day intensive business retreats, group and one-to-one coaching, and strategic planning sessions, Ms. Williams advises lawyers on all aspects of creating, sustaining and scaling a law firm business – and specifically, she teaches them the core foundational principles of marketing, sales, personnel management, communications and money management in law firms.  Contact Info:   Allison references that the scheduler will be in the show notes to reach out and schedule time to speak with a member of our team.   https://go.oncehub.com/LawFirmMentor   Contact Law Firm Mentor: Scheduler: https://meetme.so/LawFirmMentor     Snippets   00:43:44 Allison Williams (50 Seconds) The fifth reason why growth is a necessity in business is that most entrepreneurs do not burn out from doing more. They burn out from accomplishing less. Ok, hear me when I say this, I'm going to say it again, because I think it's one of the most profound things that you can come to terms with as a law firm owner. Most entrepreneurs don't burn out from doing more. They burn out from accomplishing less. Ok, think about that for a moment. It's not really that we are tired, that we are kind of chasing our tails, if you will. A lot of people don't mind putting in the work if they're getting somewhere. It's that emotionally deflating feeling of putting in the work year over year over year without having that return on the investment of your time, that you're putting in, and what you're getting out is a few pennies more.