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The Balanced Practice - Episode 48
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This isn’t the episode about “leading a balanced life” (whatever that means to you). Instead, we’re talking about whether your practice itself is balanced - what that means, how to assess your practice, and what to do if it’s not in balance.
We dive into the three aspects of a balanced practice: The Work, Marketing and Sales, and Firm Culture. When each one is taking up the time and effort it should, no more and no less, your firm will grow with ease. If your practice is out of balance, here’s how to recognize and remedy.
Highlights:
- Time is a finite resource
- Spending more time in one area necessarily means another area gets less time
- Allocating time and resources equally to the three areas of practice will yield more consistent and effective results
- The importance of viewing the balance of the firm as a whole over time, not whether an individual’s daily or weekly schedule is in balance
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