🔍 Here’s What They Cover:The Power of FocusFinding ClarityGaining MomentumIn this powerful episode of Let's Get Rich, Shawn and Hillary Walsh break down why having a business plan is crucial for law firm success. Drawing from their experience growing New Frontier Immigration Law to #859 on the Inc. 5000 list, they share how proper planning leads to focus, clarity, and unstoppable momentum. Whether you’re already rocking a business plan or starting from scratch, this episode will give you practical tips and inspire you to refine your strategy. Key Moments: 00:00 - Introduction and importance of business planning 04:30 - Discussion of targeting backwards strategy 10:15 - How business plans create confidence and clarity 15:20 - Connecting revenue goals to mission and vision 17:27 - Inc. 5000 ranking discussion and growth strategiesKey Takeaways:Business plans need regular updates, not just one-time creationRevenue goals should stem from mission and impact goalsPlanning should include both short-term and long-term vision (up to 10 years)Employee wellness and benefits should be part of planningBusiness plans should reflect company's "soul" and purposeAction Steps:Create or update your business planSet clear revenue targets based on impact goalsBreak down annual goals into monthly, weekly, and daily targetsInclude employee benefits and growth in planningSchedule regular plan reviews and updatesConnect all planning to core mission and purposeConsider attending business planning workshopsBusiness Plan Components:Core valuesMission & vision statementsRevenue targetsEmployee growth plansClient experience goalsImpact metricsResource allocationNotable Quotes: "Those who fail to plan, plan to fail" - Hillary Walsh "Most people underestimate what they can accomplish in 10 years and overestimate what they can accomplish in one year" - Bill Gates (referenced) "Your business needs a soul, and that soul needs focus, clarity and purpose" - Hillary WalshResources:Click here for a Free Cheat Sheet for Business MeetingsNew Frontier University Business Planning Workshop (Oct 21-22)Excel spreadsheet planning templatesVision board creation toolsInc. 5000 rankingsCouples goal setting workshop (November)Follow us on social: Hillary & ShawnLearn more about New Frontier University here.Thanks for listening, and please subscribe and share with a friend!Keywords: immigration law firm growth, law practice business plan, legal practice development, immigration lawyer success, law firm strategic planning, immigration law firm scaling, legal practice management, law firm growth strategy, immigration law business development, law firm revenue planning

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