237. AMMA — Breaking Out of Complacency: Transformation Through Innovation

The Game Changing Attorney Podcast with Michael Mogill

Michael Mogill

Management, Business, Marketing, Entrepreneurship

5.0 • 538 Ratings

🗓️ 13 February 2024

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As the saying goes, “What got you here won’t get you there.” The most successful leaders of the fastest-growing organizations know that they must constantly reinvent themselves to stay on top. In this episode of The Game Changing Attorney Podcast, Michael and Jessica Mogill discuss: How to maintain a competitive advantage in a rapidly changing market Why the most innovative firms accept a high risk of failure How to combat complacency and embrace new challenges ---- Show Notes: 04:57 – Check your blindspots 06:30 – Two must-have traits: paranoia and pain tolerance 10:00 – Reinvent yourself 14:08 – Think ahead and move faster 15:54 – Be willing to fail ---- Links & Resources Sears Blockbuster Blackberry S&P 500 University of Alabama Football New England Patriots Only The Paranoid Survive (Book) Bill Gates Floyd Mayweather Google LSAs TikTok Peter Principle Formula 1 Elf (Movie) Motel 6 The Four Seasons ---- Listening to this episode but want to watch it? Check it out on Spotify. Do you love this podcast and want to see more game changing content? Subscribe to our YouTube channel. ---- Past guests on The Game Changing Attorney Podcast include: David Goggins, John Morgan, Alex Hormozi, Randi McGinn, Kim Scott, Chris Voss, Kevin O’Leary, Laura Wasser, John Maxwell, Mark Lanier, Robert Greene, and many more. ---- If you enjoyed this episode, you may also like: #158 Alex Hormozi – The Power of Humility in Achieving Entrepreneurial Success #172 Marcus Lemonis – The Three Keys to Business: People, Process, and Product #210 AMMA – Failure Isn’t Final: Lessons Learned from Setbacks and Struggles

Transcript

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0:00.0	Sometimes you've got to blow up the whole thing.
0:04.1	And I know that's tough for a lot of people to hear, but sometimes the organization that exists today is not the organization that needs to exist into the future.
0:10.2	And if you try to do it a little bit at a time and you try to piecemeal it, you're going to experience a lot of down years because you're moving too slow.
0:25.8	I'm Michael Mogul, founder and CEO of Crisp, the nation's number one law from growth company.
0:28.5	I've built my business through practice, not theory.
0:33.9	Crisp started with just $500 to my name and has grown to over eight figures in revenue over the last few years,
0:37.9	earning a spot on the Inc 500 list of the fastest growing private companies in America. Our approach has been to take everything we've learned about generating massive growth
0:42.1	within our own organization and help the country's most ambitious and committed law firm
0:46.0	owners do the same for theirs. In each episode of this podcast, I sit down with innovative market
0:50.6	leaders from the legal industry and beyond to learn from those who thrive
0:54.2	in the face of adversity, challenge the status quo, and define what it means to be a true
0:58.6	game changer.
0:59.9	This is Jessica, head of coaching strategy at Chris, and today we're flipping the script
1:04.5	for another special edition episode to get Michael's take on, how to maintain a competitive
1:09.1	advantage in a rapidly changing market, how to
1:12.1	break out of complacency and embrace new challenges, and why the most innovative firms accept
1:17.2	a high risk of failure. What do you want? I want them to innovate. I want them to be better. I want
1:22.3	all fresh ideas. But usually, here's the problem. I usually hear this type of stuff, but then
1:26.2	what that person really wants is they want to hit some home runs. That's what they're looking for. But they don't respect or appreciate the process is required to hit home runs and grand slams because they don't see all the things that won't go your way.
1:39.1	That's coming up on the game Changing Attorney podcast.
1:51.2	Welcome back to another AMMA.
1:52.8	How's it going?
	...

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