Getting nine women pregnant

How long does it take to build a successful law practice?

It takes as long as it takes and you can’t rush it.

As Warren Buffett said, “No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.”

It also takes focus.

You may have heard this Buffett story:

One day, Buffett’s long-time pilot asked him for career advice. Buffett suggested he make two lists.

First, make a list of your top 25 career goals, Buffett told him. Once he’d done that, Buffett told him to circle his top 5 goals.

His pilot then had two lists and told Buffett that he would begin working on his top 5 goals. Buffett asked him about the other list, the 20 items he didn’t circle.

The pilot said those goals were also important to him and he would work on them intermittently, as and when he could.

Buffett told him that was a mistake. “Everything you didn’t circle just became your Avoid-At-All-Cost list. No matter what, these things get no attention from you until you’ve succeeded with your top 5.”

Buffett knows a thing or two about focus. In his long career, he has achieved extraordinary investment returns investing in a handful of companies at a time.

“Diversification is a protection against ignorance,” Buffett said.
“It makes very little sense for those who know what they’re doing.”

So, if you know what you’re doing as an attorney, if what you’re doing is working, even though it may not be working as quickly as you’d like, stay the course.

Be patient. Stay focused. Your baby will be here when he gets here.

If you like the information on this site, you'll love my free daily newsletter, "The Prosperous Lawyer," Sign up right here and get my free report, "Marketing for Lawyers Who Hate Marketing: How to Build a Successful Law Practice Without Networking, Blogging, Facebook or Twitter"