The Financially Fit Couple
Hey there, and welcome to the Financially Fit Couple! This podcast is all about answering the questions busy, married couples find themselves asking about their finances. I’m Matthew Gray, your host and a Certified Financial Planner. Join me as I interview topic experts and other couples just like you to find out how to pursue your goals and live financially healthy lives. Let’s get started!
The Financially Fit Couple
S2 E7: Becoming a Business Owner with Michael Sharp
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Matthew Gray interviews attorney Michael Sharp about the risks and process of leaving stable employment to start a business while married with young children. Sharp, owner of Sharp Litigation, PLC in Harrisonburg, Virginia, describes moving from associate to partner and managing partner at a larger firm, then realizing partnership has a different vision of ownership, values, teamwork, and strategic business focus he expected.
After clarifying essentials such as connected teamwork, a narrowed civil-litigation focus, and a supportive culture, he planned the transition with his wife—including a detailed financial/time presentation—and launched his firm in January 2024 with two colleagues. He discusses early infrastructure challenges, managing time with family, hiring operational support to free him for revenue-generating legal work, building and formalizing systems as the team grows, unexpected community support, and a client-as-hero philosophy applied to intake and communication.
00:37 Meet Michael Sharp
02:20 From Associate to Partner
05:05 What Partnership Really Means
08:22 Essentialism and Values
11:18 Building a Team Vision
13:53 The Leap and Family Buy In
18:35 First Months in Business
21:02 Time Freedom and Hiring Help
23:49 Systems Growth Pains
27:49 Unexpected Wins and Advice
32:25 Client as the Hero
37:19 Who They Serve and Wrap Up
Resources
Michael Sharp
https://www.sharplitigation.com/
https://www.linkedin.com/in/michael-sharp-279013288/
https://www.amazon.com/Essentialism-Disciplined-Pursuit-Greg-McKeown/dp/0804137382
Matthew Gray
https://www.linkedin.com/in/matthew-gray-cfp%C2%AE-5a2144134/
https://schrockfin.com/
Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC