Startups in Stilettos How Latrice Smith Integrates Legal and Business Strategies for Medical and Service-Based Professionals
“Try to help them understand why we're doing what we're doing and let them see how it's going to benefit them in the long term, why we have to be compliant, why we have to be profitable, why we need to market our business. And really talk to them—always going back to what we called in school the ‘Three Legged Stool.’ So, we're always trying to balance profitability, access, and quality care.”
With a master's in public health, Latrice Smith noticed the massive gap between healthcare and the legal world. After pursuing a law degree, she founded her own firm to combine both fields, providing high-quality care and services while handling the intricacies of legal and business strategy. Today, she is the founder and principal attorney at Thomas Law and Consulting LLC, where she empowers entrepreneurs with strategic legal and business solutions. Under her leadership, Thomas Law and Consulting has become a pivotal partner for medical providers and service professionals, helping them navigate complex legal landscapes and achieve business growth. As a respected business consultant, she empowers professionals to build strong, ethical businesses that leave a lasting impact on audiences. Tune in to hear about Latrice’s unique perspective from a family of healthcare professionals, the program she developed for a more holistic approach to healthcare, and her work with agencies like Medicare and Medicaid.
What we talk about:
- The perfect marriage of law and healthcare (06:20)
- Hard conversations that must be had as an advisor (14:36)
- Balancing profitability, quality, and access (18:42)
- Working with legal early on in the founding process (21:11)
- Instilling confidence in clients (28:58)
Connect with Latrice:
Members of our Entreprenista League get access to live Office Hours with top founders that have been on our show! Join the Entreprenista League today at entreprenista.com/join. We can’t wait to welcome you, support you, and be part of your business journey!
Get Featured on Startups in Stilettos
Want a chance to be featured on Startups in Stilettos? We’re currently accepting applications from our Entreprenista League members to be featured on the show! Think of the Entreprenista League as your team members in what can be a lonely startup founder’s journey. You’ll have access to a private community of like-minded female startup founders who are making an impact in business every day, special discounts on business products and solutions, exclusive content, private events, the opportunity to have your story featured on our website, social channels – and, of course, the Startups in Stilettos podcast – and so much MORE!
Grow Your Startup with Startups in Stilettos
Thanks for tuning into this week’s episode of Startups in Stilettos, powered by the Entreprenista PodcastNetwork. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.
Apple Podcasts|TuneIn|GooglePlay|Stitcher|Spotify|iHeart Radio
Be sure to share your favorite episodes on social media to help us reach more startup founders, like you, and have a chance to win a one-on-one mentor and strategy session with Stephanie Cartin.
Join us on Facebook, Twitter, Instagram, and LinkedIn. And for even more exclusive content and information – and to get access to the 8 Secrets to Success in Your Business video course and worksheet – visit our website.