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In this episode of the Maximum Lawyer podcast, host Tyson Mutrux and guest Chelsea Williams talk about money management and its relevance to law firms. Chelsea shares financial lessons to cover common mistakes such as: lack of financial education, overlooking the interconnectedness of personal and business finances, advocating for frameworks like "Profit First" to manage finances effectively and more.

The discussion also explores the psychological aspects of money, the importance of aligning personal values with business goals, and strategies for achieving financial freedom and sustainable growth in law firms.

Listen in.

02:35 Impact of Personal Finance on Business

06:28 Profit First Framework

09:51 Addressing Money Psychology

12:14 Retirement and Financial Freedom

20:51 Lines of Credit: Pros and Cons

35:18 Starting a Law Firm with No Money

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

Connect with Chelsea:

• Website
• Instagram
• LinkedIn
• Facebook
• YouTube

MaxLawCon ticket on sale here: https://maximumlawyer.samcart.com/products/maxlawcon2025

Watch the YouTube version of this episode HERE

In this episode of the Maximum Lawyer podcast, host Tyson introduces "Inbox When Ready," a Chrome extension designed to enhance email management and minimize distractions. Tyson shares his personal experience with the tool, highlighting its ability to hide the inbox, allowing users to focus on composing emails without the temptation of incoming messages. He shares various features, including the "show/hide inbox" button, "impulse check," and "time budget," as well as the benefits of the pro version. Tyson emphasizes the importance of reducing distractions for productivity and invites listeners to explore the tool and share their feedback.

02:01 Searching for a Solution

03:04 Features of Inbox When Ready

03:48 Pro Version

04:01 Demo

05:02 Email Distractions

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

Resources:

• Join the Guild Membership
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Watch the YouTube version of this episode HERE

Are you a lawyer who is looking to become a firm owner in the future? In this episode of the Maximum Lawyer podcast, Tyson engages in a conversation with Jayden Doye, a CPA and business owner, who shares their journey from a financially constrained upbringing to establishing a successful firm.

Transitioning from employee to business owner comes with a lot of hard work and lessons learned. Jayden speaks to the need for coaching when going from working for a firm to owning and operating a firm. Using a sales funnel, Jayden learned through coaching the importance of using social media, like Facebook to market to potential clients. Though coaching takes time and money in investments, it can turn you into a high valued attorney down the line.

Coaching has also helped Jayden change his thinking when transitioning to a business owner. One of the things he changed was the need to niche down to lawyers. It is important to try to understand early on what type of law you want to get into. From that point, you network and talk with lawyers in that space to understand how best to work in that space.

Listen in to learn more!

• 02:0 Artificial ceilings on income
• 13:19 Common blind spots for law firms
• 24:00 Mental Health and Work-Life Balance
• 30:49 Profit First Mindset
• 32:41 Becoming Debt-Free
• 36:31 Employee vs. Owner Mindset

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

Connect with Jayden:

• Website
• Instagram