197 - Building A Legacy with Shirley Diaz of Diaz Vidales

The DMV (Washington, DC | Maryland | Virginia) Business Show

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Join us on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The DMV Business Show⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ with ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Otto Sevilla⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ as we share the journey of Shirley Diaz, Managing Attorney of Diaz Vidales, to dig into her professional and personal journey from Southern California to her thriving law practice in Washington, DC. Shirley shares the story of her upbringing as a first-generation American, detailing her family’s entrepreneurial background, from running a laundromat to her mother’s bold purchase of a bakery after her parents’ divorce. These formative experiences sparked Shirley’s own interest in business and law early on. Listeners learn about Shirley’s academic path, beginning with her studies at the University of Nevada and evolving through a stint in economics at graduate school, her work at Goldman Sachs, and eventually law school in California. Shirley offers candid insights into the ultra-competitive world of “big law,” describing her work in securities litigation and high-stakes investigations and how networking played a pivotal role in her career progression.The conversation shifts to Shirley’s current passion: estate planning and helping everyday people, especially other entrepreneurs and new parents get their affairs in order. She demystifies estate planning in simple, accessible terms, explaining essential concepts like wills, trusts, power of attorney, and the importance of planning ahead, particularly for business owners and young families. Shirley shares practical advice, typical costs, and why it’s a crucial but often overlooked responsibility, especially within immigrant and minority communities. Shirley talks about the leap from big law to starting her own firm, Diaz Vidales, and the challenges and rewards that have come with entrepreneurship. She highlights the importance of networking, social media, and staying hands-on in all aspects of her business, from market research to client service. The episode wraps up with Shirley’s reflections on life in DC, her love for D.C. United soccer, and the habits and mindset that have fueled her career. She encourages other aspiring business owners to plan strategically, build strong networks, and have confidence in their abilities. Whether you’re a business owner, new parent, or just starting out on your professional journey, this episode offers valuable lessons on resilience, planning for the future, and building a business rooted in service.

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