A Law Firm
is the art of finding profitable solutions to problems. Every successful
entrepreneur, every successful business person, is the person who has been able
to identify a problem and come up with a solution to it before somebody else
did, and got paid for it. In A Law
Firm, money is the goal-the goal is to make money-and any action that moves me
toward making money is entrepreneurial; and any action that takes me away from
making money is non- entrepreneurial. This is the definition of a law firm,
‘selling things for profit.’
Indeed,
‘the only evil thing is a law
firm that does not make profit’
Rich lawyers
are business people. A rich lawyer is hence a business person.
A law firm is an activity that
involves me selling a product and earning profit. The product can be either a
good or service.
To the lawyer,
‘law is a lifestyle’.
The rich lawyer tells
herself: ‘the money I want is in someone’s pocket, so I need to determine what
value I will offer to obtain the money; in other words, ‘what will I sell?’.’
What then differentiates rich
lawyers from other people is the ability
to identify opportunities.
The
ultimate goal of actualizing my idea is to make money while at it. Hence, rich
lawyers are amongst the wealthiest persons in the world today. There
are eight ways of acquiring money. I can inherit
(relations); beg (relations, etc); borrow it (relations, etc); steal it (God forbid); win it (competition); marry into it; sell my skill, effort & time-S.E.T. (Staff, self-employed); or create a money making machine (investment or A Law Firm (big-law firm )).
Law
Firms, that is, selling legal solutions, is one of the ways of acquiring money.
A Law Firm is about making money.
A Law Firm is about profit. When I have positive, money making thoughts, I will
start thinking like a rich lawyer, I will develop, as Rockefeller said, ‘the
art of finding profitable solutions to problems’.
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