I have been a lawyer for a startup and am currently a lawyer for a small corporation. I’ve been considering starting my own business for a while now but I don’t know what type of business (not a law firm though). I’ve sat down with my spouse and brainstormed ideas. If I put my head down and focus I can be successful at most things I attempt so I want to get this right on the first attempt. I’m just curious what type of start up do you guys see a lawyer being successful at?
Consider how you can monetize your skillset. Businesses with a high barrier for entry are less saturated, and have more room for innovation. Think about your experience and consider things that you can do that others can’t, and how you can introduce and monetize that ability.