How You Can Successfully Navigate Business Divorces in Small Family-Owned Businesses with Margeaux Thomas

The Maximum Lawyer Podcast

Nội dung được cung cấp bởi Tyson Mutrux and Jim Hacking. Tất cả nội dung podcast bao gồm các tập, đồ họa và mô tả podcast đều được Tyson Mutrux and Jim Hacking hoặc đối tác nền tảng podcast của họ tải lên và cung cấp trực tiếp. Nếu bạn cho rằng ai đó đang sử dụng tác phẩm có bản quyền của bạn mà không có sự cho phép của bạn, bạn có thể làm theo quy trình được nêu ở đây https://vi.player.fm/legal.

3M ago 26:07

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Are you thinking about becoming your own boss and starting a law practice? In this podcast episode, Jim and Tyson interview Margeaux Thomas, a seasoned lawyer who specializes in business divorces. Margeaux shares her transition from working in a large firm to establishing her own practice.

Margeaux provides some insights on establishing her own practice and some things she had to consider beforehand. One thing was connecting with other lawyers in her circle who provided some tips and tricks to getting started on her own and what was needed to become her own boss. Another thing was understanding that as a lawyer, you can always pivot and work at another firm if starting your own doesn't work out. This mentality helped Margeaux in becoming more confident in her ability to succeed.

Margeaux shares her thoughts on how to partner up in a law firm and what to focus on. Looking at a business partnership like a marriage is something Margeaux tells people that come to her for advice. It is important to communicate to a potential business partner about the roles each person will have, finances and each other’s risk tolerance to decide if it is something to move forward with. It is also crucial to get a prenup or operating agreement to ensure both individuals are on the same page.

Listen in to learn more!

Jim's Hack: Read the book “Already Free” by Benjamin Hardy. It is about the intersection of psychotherapy and Buddhism and talks about the value of therapy.

Margeaux Tip: Read the book “Domestic Assistant Advantage’' by Steve Riley. She learned to hire a personal assistant to help with personal tasks to expand her reach. https://amzn.to/3TmuDS8

Tyson's Tip: Use TEMU to order office supplies.

2:17 Discussion of learning curves

9:24 Insights on partnering in a law firm

14:26 The importance of building a team earlier when starting a business

Tune in to today’s episode and checkout the full show notes here.

Connect with Margeaux:

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