Maximum Lawyer Law Firm Finance w/ Jessica Gonifas
In today’s episode, Jim and Tyson chat with CPA, Jessica Gonifas! They dive into the journey behind the finances of your law firm. If you’re interested in learning more about normalizing the talk around money, feeling more confident in your financial situation, and strategically planning for the future, check out this week’s episode.
Jessica is a CPA and the owner of Silver Peaks Accounting Services. Before starting her own firm in 2018, her accounting career adventures included working in a public accounting firm, for a large publicly traded company and in both local and state governments.
Most recently, she spent over a decade working as a deputy city manager, finance director, and treasurer for the city of Evans, Colorado. During her time with the city, she tripled the cash reserves from $10M to $30M, acted as project manager for a $40M wastewater treatment plant, and managed the finances of a $12M flood recovery project.
Jessica is also a mom of three kiddos. Her home base is in Colorado, where she spends most of her free time watching her active teenage boys play sports and travel around the country showing their Quarter Horses – Banjo and Jake.
4:35 climbing the ladder
7:06 vision and planning
10:13 point A to point B
14:14 potential tax consequences
17:22 driven by the way you run your firm
21:18 mastermind approach
23:52 not sure how to get there
Jim’s Hack: The Obstacle Is The Way: The Timeless Art of Turning Trials into Triumph
by Ryan Holiday is a good intro to the Stoics.
Jessica’s Tip: The mindset work is the most critical piece when it comes to accomplishing any goals in your business.
Tyson’s Tip: If you have a Mac and iPad, you can use the iPad as a second screen. It’s very handy when you travel or if you’re working from home.
Watch the podcast here.
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