Everything Your Kids Wish You Knew About Owning a Business

Welcome to another episode of the Profit with Law Podcast! In this episode Moshe Amsel sits down with Adam Williams, the founder of Rust Belt Business Law and Pennywise Tax Strategies. Adam shares invaluable insights on embracing an entrepreneurial mindset, the importance of resilience, and the transformative power of taking risks. From his diverse business ventures, including a bestselling book and launching a board game, Adam's journey is rich with lessons for current and aspiring law firm owners. Moshe and Adam also delve into personal stories of overcoming adversity and the crucial role of mindset in achieving success and freedom. Whether you’re a seasoned business owner or just starting out, this conversation is packed with inspiration and practical wisdom to fuel your entrepreneurial journey. 

Tune in now to this insightful episode!

 

Episode Highlights

[00:00] Introduction to Adam Williams

[07:01] Adam's Journey

[12:45] Overcoming Entrepreneurial Challenges

[15:51] The Resilience Mindset

[22:12] The Shift from Problem-Avoidance to Opportunity-Pursuit

[32:29] Family and Business: Generational Lessons



Resources 

Take the Law Firm Growth Assessment and find out how you rate as a law firm owner! 

Check out our Profit with Law YouTube channel!

Learn more about the Profit with Law Elite Coaching Program here

 

Connect with Adam Williams: Facebook | Tiktok | Instagram | LinkedIn | YouTube

Rust Belt Business Law

Pennywise Tax Strategies

Everything Your Kids Wish You Knew About Owning a Business: Lessons from Generations of Entrepreneurship

 

About Adam Williams

Entrepreneur, turned lawyer, turned entrepreneur. Adam launched Rust Belt Business law in 2010, and has turned it into one of the fastest growing companies in the country.

He has used the law firm as a platform for new ventures, including Pennywise Tax Strategies, which he launched with his wife in 2023. Pennywise helps entrepreneurs make their tax bills more predictable and palatable.

Adam additionally works as a speaker, author, and coach, helping entrepreneurs grow businesses that work for them.

Adam is an expert on failure - in 2018, he spent $25,000 on cheese for his food truck, and somewhere in Erie, Pennsylvania there is a warehouse full of board games from an unsuccessful launch in 2016.

He believes that life is too short to make all of the mistakes on your own, and loves sharing the lessons he's learned the hard way.

 

Connect with Adam Williams on his Facebook. You can also follow him on TikTok, Instagram, LinkedIn and YouTube.

 

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