S5:E25 - The Final Stretch of the Year & Dealing with Firm Finances

🌟 Episode Highlights 🌟

In this episode, you'll get a seat at the table where Seth and Jay share their personal experiences and strategies concerning the fiscal health of their firms. Here's what you can look forward to:

- Financial Clean-Up: Seth Price discusses the critical practice of financial decluttering to identify potential issues before they snowball.

- Lending and Investing: Jay reveals his considerations for reinvesting in the firm versus seeking external return opportunities.

- Financial Struggles and Fears: Jay gets candid about the need for expert guidance in managing firm finances.

- Bonuses vs. Base Salaries: Engage in the bonus-versus-base-salary debate and its psychological impact on staff.

- Staff Retention: Seth suggests that competitive salaries might be key to keeping talent from exploring greener pastures.

- The Mini Summit: Discover how Seth's mini summit aims to unite his firm's global team under one roof for collaborative growth.

- Onboarding Excellence: Jay examines structured training's role in creating a consistent, quality onboarding experience.

🔊 Listen, Learn, and Join the Conversation

This episode isn't just about dissecting problems; it's about practical outcomes. Learn from the hosts as they consider their approach to bonuses, the recruitment challenge, and the critical role of middle management in a firm's growth trajectory. Plus, they don't shy away from the big question: When is it time to profit from your firm versus reinvest?