What Nike’s Founder Can Teach You About Running a Law Firm (Ep. 118) episode artwork

EPISODE · Jun 9, 2025 · 29 MIN

What Nike’s Founder Can Teach You About Running a Law Firm (Ep. 118)

from The Lawyer Millionaire® Podcast: Business & Financial Planning for Law Firm Owners

If you’re a law firm owner, chances are you’ve faced your share of uncertainty, sleepless nights, and moments where it feels like you’re flying by the seat of your pants. Maybe you’ve wondered if you’re making the right moves or if you’ve really got what it takes to build something lasting—not just profitable, but truly meaningful. That’s exactly why you’ll want to tune in to this week’s episode of The Lawyer Millionaire. Host Darren Wurz takes listeners behind the scenes of Nike’s legendary rise as chronicled in Phil Knight’s “Shoe Dog.” It’s not just about sneakers or sports—it’s about how one scrappy entrepreneur started with a wild idea and a $50 loan, and built a business empire. And trust me: the takeaways for law firm owners are both practical and powerful.   Darren discusses: The importance of starting before you are ready How to overcome imposter syndrome The three phases of law firm growth Why profitability and cashflow are the two lifelines of business. How to use systems to manage your cash flow How hiring for passion over pedigree can create a loyal and winning team culture   Resources: Book – Shoe Dog: A Memoir by the Creator of Nike by Phil Knight Book – The Joy of Running by Thaddeus Kostrubala MD   Connect with Darren Wurz: Schedule a Call with Darren The Lawyer Millionaire Founders Network The Lawyer Millionaire: The Complete Guide for Attorneys on Maximizing Wealth, Minimizing Taxes, and Retiring with Confidence by Darren Wurz LinkedIn: Darren P. Wurz Join The Lawyer Millionaire Founders Network and Book Club for Free The Lawyer Millionaire Money Mastery Assessment Financial Advisor Decision Checklist

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What Nike’s Founder Can Teach You About Running a Law Firm (Ep. 118)

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This episode was published on June 9, 2025.

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