Dr. Jean, The Results Queen, and her special guest, Lawyer Ryan P. Smith, discuss how lawyers need to be masters at law but also at business development. Ryan runs a niche practice serving broker-dealers and registered investment advisors. Ryan, driven by entrepreneurial spirit and respect for small business owners, started his own law firm after working in other law firms previously. Ryan’s firm helps smaller RIAs navigate complex financial regulations, allowing them to focus on clients rather than compliance. Dr. Jean and Ryan discuss how lawyers make natural business developers, but many struggle with fear of rejection. They encourage a process-driven, relationship-building approach, providing value before expecting payment. To aspiring lawyer-entrepreneurs, Ryan advises deep self-reflection on what you enjoy and can improve. He treats his firm as a client, rigorously managing matters and cashflow. They discuss how having a specialized, relationship-focused mindset can build a thriving legal business, even for a new solo practitioner. Ryan’s key advice: focus on the process, not just outcomes, and make it easy for clients to pay you.
Mindset:
Being able to navigate the mental obstacles that occur in business growth is what differentiates those who are successful.
- Right Thoughts
- Right Attitude
Expansion:
What gets measured gets done. Having a few simple metrics will propel your business growth.
- Right Metrics
- Right Acceleration
Alignment:
By knowing your ideal target client like a science project and speaking to them with the right messaging, you will attract your ideal client faster and easier.
- Right Client
- Right Messaging
Accountability:
Creating a customized process that builds confidence is the only way to drive business growth.
- Right Actions
- Right Time
It’s not magic. It’s a system we have tested and optimized. It can work for you.
Below are the resources I mentioned on the podcast. Please use them as our gift to you. If we can be of any service to you, don’t hesitate to contact us.
Dr. Jean Oursler, The Results Queen®, Ph.D.
Our Mission is to Leave You Better than When We Found You TM
The Caveman Brain Business Growth System