Apr 22, 2025
In this episode of Grow a Small Business, host Troy Trewin interviews Margeaux Thomas from Thomas Law Office, who shared her entrepreneurial journey of growing her law firm specialising in "business divorces". Starting from her kitchen table in 2016 with a single client, her firm has grown to a team of nine members over nine years. Thomas discussed the transition to a niche practice, the demand she experienced, particularly during COVID, and the various aspects of building and scaling her business, including the challenges of hiring and the importance of marketing in a non-recurring service industry.
Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let’s get into it by clicking here.
Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice.
And a snapshot of the final five Grow A Small Business Questions:
What do you think is the
hardest thing in growing a small business?
One of the hardest things in growing a small business is learning
to let go and trust others. In the early stages, founders do
everything themselves, but real growth requires delegation—handing
off control, hiring the right people, and stepping back from daily
operations to focus on strategy. As Margeaux Thomas shared on the
podcast, bringing on a managing attorney and leaning into growth
and marketing instead of staying in every case was a major shift.
It's also tough to manage cash flow, hire well (especially for
remote teams), say no to misaligned clients—which she calls "the
best money we never made"—and keep believing in your vision before
it becomes reality.
What's your favorite
business book that has helped you the most?
Margeaux Thomas mentioned that the business book that helped her
the most is The Personal Assistant Advantage. It inspired her to
hire a personal assistant, which turned out to be a game-changer.
She shared how it helped her offload life admin tasks so she could
focus on being present with her family and grow her firm—saying her
assistant is better at it than she is and actually loves the work.
For Margeaux, that support created space for her to lead more
effectively and avoid burnout.
Are there any great
podcasts or online learning resources you'd recommend to help grow
a small business?
Margeaux Thomas shared that the most impactful learning resource
for her has been business coaching—both group and one-on-one. She
said it’s been the best investment she’s made since starting her
firm. Coaching gave her clarity, accountability, and someone to
help her “see around corners.” As for podcasts, she previously
listened to Maximum Lawyer, especially in the early stages of
growing her law firm. While that podcast has since evolved, it
played a big role in her initial professional development.
What tool or resource
would you recommend to grow a small business?
Margeaux Thomas recommends having a great bookkeeper as one of the
most important tools to help grow a small business. She admits that
numbers and finance aren’t her strength, so bringing on a solid
bookkeeper early helped her stay focused on what she does
best—building the business, serving clients, and leading her team.
It gave her the clarity and confidence to make smarter business
decisions without getting overwhelmed by the financial side.
What advice would you give
yourself on day one of starting out in business?
Margeaux Thomas said if she could give herself advice on day one of
starting her business, it would be to reassure herself that this is
the best decision she’ll ever make. Despite the fear and
uncertainty she felt when leaving her job with no clients lined up,
she emphasized that she never looked back and is incredibly
grateful she took that leap. She’d remind herself not to
catastrophize the risk—because even if it didn’t work out, she
could always get another job. Taking that first step was the
hardest, but it led to the most rewarding journey of her life.
Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights!
Enjoyed the podcast? Please leave a review on
iTunes or your preferred platform. Your feedback helps
more small business owners discover our podcast and embark on their
business growth journey.
Quotable quotes from our special Grow A Small
Business podcast guest:
Rest is just as important as work if you want to lead and grow well
– Margeaux Thomas
Capacity precedes growth—take the risk, and the reward usually
follows – Margeaux Thomas
You need to step away from the grind to see the big picture –
Margeaux Thomas