Work ON your business
A thought from Alan Weiss, consultant: “If Hollywood’s collective genius can create a $100 million film which flops at the box office, I don’t see reason to exactly beat yourself up if you choose a lousy vacation spot, cook a poor meal, or scratch the side of the car. Stuff happens. Get on with your life, and don’t let a momentary poor judgment create a lifelong depression.”
And in your law practice, the fact that you haven’t paid sufficient attention to “The Business of Law”® doesn’t’ mean you shouldn’t/can’t start now. Today is Labor Day, hopefully a day of rest for you … start tomorrow to work “on your business,” not just “in your business.” And build something of value (otherwise known as goodwill) that can be passed on to your family, your estate, when you’re ready to retire. You don’t have to just close the doors and walk away.
Tags: Buying and Selling a Practice, Cash, Management
Categorized in: Management