AOL 051: Keane Ng on the Qualities of a $5 Million Dollar Law Firm Owner
Building a Law Firm
English - July 28, 2015 04:52 - 1 hour - 127 MB - ★★★★★ - 22 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this week's The Art of Lawyering Podcast interview I sit back down with Keane Ng to discuss the qualities of a five million dollar law firm owner.
The thing about starting a law firm and building a profitable law firm is that there's no mystery to success. There is a formula that, if followed, will essentially guarantee your success.
In this week's episode we deep dive into the traits of a profitable law firm owner making $200K to $500K and making $500K to $5 million.
From the first time I met Keane I knew he was someone I wanted to get to know better. He embodies these traits and motivates me every day to continue to push forward. I hope in this talk today we did the same thing for you.
Traits of a Law Firm Owner Making $200-$500K
When you are thinking about how to start a law firm and the qualities you want to have to create the law firm of your dreams, this is a great place to start.
Quality leadership skills;
Good with money;
In control of emotions;
Clear ethical boundaries;
Well respected by peers;
Have mentors; and
Prospect 20-28 hours/week.
Traits of a Law Firm Owner Making $500K-$5 Million
One thing you'll notice here is that the traits of high earners don't increase as their success increases, they actually decrease.
Why is this? Because success is simple.
Here are those traits:
Have a coach;
Multiple sales people on the team;
Implement quickly;
Don't overthink things;
Leverage sales activity; and
Prospecting 30+ hours.
Show Resources
Episode 029 with Keane Ng
The 21 Irrefutable Laws of Leadership
The 5 Levels of Leadership: Proven Steps to Maximize Your Potential
Start with Why: How Great Leaders Inspire Everyone to Take Action
Steve Jobs
The Richest Man in Babylon
The Total Money Makeover
Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine.
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
The Go-Giver: A Little Story About a Powerful Business Idea
The Compound Effect
The Entrepreneur Roller Coaster
In this week’s The Art of Lawyering Podcast interview I sit back down with Keane Ng to discuss the qualities of a five million dollar law firm owner.
The thing about starting a law firm and building a profitable law firm is that there’s no mystery to success. There is a formula that, if followed, will essentially guarantee your success.
In this week’s episode we deep dive into the traits of a profitable law firm owner making $200K to $500K and making $500K to $5 million.
From the first time I met Keane I knew he was someone I wanted to get to know better. He embodies these traits and motivates me every day to continue to push forward. I hope in this talk today we did the same thing for you.
Traits of a Law Firm Owner Making $200-$500K
When you are thinking about how to start a law firm and the qualities you want to have to create the law firm of your dreams, this is a great place to start.
Quality leadership skills;
Good with money;
In control of emotions;
Clear ethical boundaries;
Well respected by peers;
Have mentors; and
Prospect 20-28 hours/week.
Traits of a Law Firm Owner Making $500K-$5 Million
One thing you’ll notice here is that the traits of high earners don’t increase as their success increases, they actually decrease.
Why is this? Because success is simple.
Here are those traits:
Have a coach;
Multiple sales people on the team;
Implement quickly;
Don’t overthink things;
Leverage sales activity; and
Prospecting 30+ hours.
Show Resources
The 21 Irrefutable Laws of Leadership
The 5 Levels of Leadership: Proven Steps to Maximize Your Potential
Start with Why: How Great Leaders Inspire Everyone to Take Action
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
The Go-Giver: A Little Story About a Powerful Business Idea