Episode 389 — AMMA — Stop Fixing $5 Problems and Start Solving $1M Ones
If you keep fixing $5 problems, don’t be surprised when your $1M problems never get solved.
In this episode of The Game Changing Attorney Podcast, Michael and Jessica Mogill tackle one of the most common growth killers in law firms: spending your most valuable resource, your time, on the least valuable tasks. From fixing printers to negotiating minor contracts, too many leaders are stuck in low-leverage work while the big opportunities for growth go untouched. Michael shares how to calculate the true value of your time, overcome the guilt of outsourcing, and focus on the decisions that actually move the needle for your business and your life.
Here’s what you’ll learn:
- How to calculate your buyback rate to decide exactly what to delegate
- Why solving $5 problems keeps you from solving $1M ones
- How to shift from “I can do it” to “I shouldn’t be doing it”
Stop trading your time for pennies while your million-dollar opportunities pass you by. The future of your firm depends on where you focus next.
Listen & Subscribe
Show Notes:
Small tasks come at a big cost. “While you’re solving $5 an hour problems, who’s solving million-dollar problems?”
Your time has a price tag. “If you’re making $100 an hour, why would you spend that time on a $5 task?”
Buying back your time is an investment. “You don’t hire someone to lose money. You hire them so the business can grow.”
The guilt of outsourcing is a mindset trap. “It’s not about being too important for certain tasks. It’s about freeing yourself to do the work only you can do.”
Leverage is the name of the game. “The goal of a business is not to see how much you can do yourself. It’s to increase the total output of the organization.”
RESOURCES & REFERENCES
Connect with Michael
- Text directly at 404-531-7691
