From the Courtroom to the Boardroom: Legal and Financial Wisdom from Mona Reza
On the latest episode of Pivot to Profit, I had the pleasure of sitting down with Mona Reza—an experienced attorney, entrepreneur, and founder of Stellar 5 Legal and Stellar 5 Consulting. With over 25 years in legal practice and a remarkable journey from aspiring cardiologist to powerhouse business strategist, Mona brings a unique blend of heart, hustle, and strategic insight to the table.
Reinventing the Traditional Legal Path
Mona's career path has been anything but conventional. With a background in communications and a brief stint pursuing journalism, she eventually found her calling in law. But her pivot into entrepreneurship came from an even more personal place—helping her husband grow and eventually sell his medical practice. Within 18 months, they tripled his revenue and secured a 7-figure exit. That hands-on experience was the catalyst for launching her dual ventures: Stellar 5 Legal and Stellar 5 Consulting.
The Power of a Money Mindset Shift
Mona opened up about a transformative realization she had around money. Growing up, she internalized the belief that humility and wealth couldn’t coexist. That belief held her back until just a few years ago when she began to reframe her relationship with money—especially as it related to pricing and value in the healthcare and legal industries.
“There’s power in charging appropriately for your expertise—especially when you know you’re creating transformational outcomes.”
Legal Wisdom for Entrepreneurs
Mona offers clear, compassionate legal guidance for entrepreneurs, particularly women navigating major life or business transitions. She emphasized the importance of estate planning—not just as a legal checkbox, but as a strategic financial move. Her top recommendations?
Use trusts for asset protection and tax planning
Involve your family in conversations about inheritance and legacy
Understand the differences between revocable and irrevocable trusts
Strategy Meets Profit
Mona also echoed one of my favorite mantras: “It’s not what you earn, it’s what you keep.” She’s a fan of the Profit First methodology and encourages business owners—especially in healthcare—to know their numbers, review finances regularly, and make intentional financial decisions.
From tightening up billing operations to trusting her gut on contract negotiations, Mona’s consulting practice now helps others do the same.
What’s Next for Stellar 5
With Stellar 5 Legal, Mona is building a distributed law firm model designed to support not just clients—but also the next generation of transactional attorneys. Her consulting arm offers healthcare-focused business strategy and education for entrepreneurs looking to scale smartly and sustainably.
Final Thoughts
Mona Reza is proof that legal strategy and business success aren’t mutually exclusive—they’re deeply connected. Her journey is a reminder that with the right mindset, smart systems, and solid strategy, you can build a business (and a life) that’s profitable and protected.
Want more from Mona? Find her here: https://www.linkedin.com/in/smonareza/