there are times where you are busy and loaded with work but there are times where you have spare times to write in your blog.
as a lawyer, we tend to write, since we are used in making legal opinions, and legal advices or making reports upon the legal due diligence that we are required to do
it has been 11 years since June 1998, than I had been practicing as a free lawyer running this boutique law firm shop.
there are the ups and the downs of the condition of the cash flow
but at this present moment I am really feeling rather hard situation since I had missed the prediction of the cash flows particularly to cover the cash outs for the operational costs which bills are coming at the end of this month.
It is really hard to run this boutique law firm, because at a certain level you are also trained to have a tough mentality, especially when the cash in are not as you have expected to be.
It feels that you are in the edge of a cliff.
You really do not know where to go, because there is no way back but you have to go straight ahead and face the reality of life.
by having this out of cash situation you are really forced to think clear and face the reality of life.
By this experiences you can feel how if your Client are in a deep cash flow situation.
they are taking their risks to save the live of their company
I think whatever the commodities that you are selling, whether it is a hard product /tangible product or services such as legal services you are really facing the similar reality.
In this kind of situation you have to really think hard.
Every entrepreneur appears to face the same situation
so mentally you have to be really strong and tough
the air or the blood of a firm is cash flows and cash flows are from Clients
but if your legal fees are attached to the condition of your Clients waiting to receive funds
it is really hurting your cash flow
Well, I am hoping that there will be a "miracle" to help this short cash flow situation