Taj Smith

Taj Smith is a Chicago-based attorney and owner of The Smith Law Group.

The Stress of Entrepreneurship

“You never feel like you figured it out. As an entrepreneur you are in a steady state of uncomfortableness”

• How did you figure out how much to charge?

  Ask people that are currently offering those services or selling those products. Early on you may offer lower prices just to get started

• How do you set goals for yourself?

  Set a target for yourself, but be open to discovering what is wrong with your target

• What is a challenge you face with your business?

  Collections. Many people think that lawyers don’t need your money. Sometimes you have to turn down clients or walk away from clients because they haven’t paid on time, you’ve gotta be gangsta with it

Through self-awareness, a helpful skills assessment test, and a desire to make more money, Taj Smith opened his own law firm 9 years ago. While embracing the discomfort of entrepreneurship, The Smith Law Group continues to thrive with limited marketing and an endless supply of lawyers within Chicago. In this episode we explore Taj's experience of being a black lawyer and a "solopreneur". Our discussion highlights the rewards and the anxieties that entrepreneurs face on a regular basis. Additionally, we talk about ways to find balance and manage the mental stress that comes with owning your own business.

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