In today’s episode of the Wealthy Woman Lawyer® podcast, I cover a phenomenon I’ve discovered over the years as I’ve coached hundreds of lawyers in scaling their law firm businesses. I call it “January Panic.” It’s that feeling some people get in January—kind of like a holiday hangover—where they worry about cash flow, feel like money is tight, and start trying to “fix” financial problems without clearly thinking through the source of them first.
Often, it can result in taking actions like buying software you don’t need, buying a course to learn a new practice area in the hopes of making more money, or drastically pulling back on marketing initiatives (or implementing the wrong ones) out of fear.
Listen in to this episode as I share with you:
- A short quiz that will help you identify if you have “January Panic.”
- 5 real reasons you may feel pinched in January.
- 3 ways to avoid a cash flow crunch in January 2025
- 3 steps you can take NOW to improve the rest of your January and set yourself up for an excellent first quarter of 2024.
- And much more!
Links to Love:
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Want to Scale Your Law Firm to 1MM or More?
The Wealthy Woman Lawyer® Podcast is sponsored by Wealthy Woman Lawyer, LLC. We help women law firm owners scale their law firm businesses to and thru 1MM with total ease. If you’d like help to scale your law firm business, we invite you to JOIN US IN THE WEALTHY WOMAN LAWYER LEAGUE or, if you have already reached $500K or more in gross annual revenue, but haven’t yet hit that $1M mark, to apply for private coaching with me.