The 80/20 Principle

The 80/20 Principle

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The 80/20 Principle episodes

  • 195: The 2 Levels of Knowledge (Physicist & Chauffeur)
    There are dangers in getting caught up in the minutiae of technology, and not thinking deeply enough. We need to not let technology confuse us. The most important things lie beyond the realm of "chauffeur knowledge." We need to go beyond superficial knowledge ourselves, and we need to be able to detect it in others. Show Notes
    • The Two Types of Knowledge: The Max Planck/Chauffeur Test, by Shane Parrish

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)
    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity
    17 min
  • 194 - Effective Information Processing for Lawyers
    Lawyers need to learn the new rules for effective, efficient information processing. These rules have arisen because the information we deal with has become increasingly digital. That part is obvious, but learning how to deal better with digital information is definitely not obvious. Show Notes
    • A Lawyer's Guide to Processing Digital Information (YouTube video)
    • Episode 13 - Paperless Practice - Document Management
    • Episode 98 - Essential Search Skills
    • Episode 107 - Managing Information in Age of Digital Disruption
    • Episode 117 - Frameworks, Tags & Two Books
    • Episode 139 - Information Sherpas
    • Episode 178 Mental Models (Charlie Munger)
    • Episode 179 Mental Models - Part II
    • Axios - daily email newsletter
    • Morning Brew - daily email newsletter
    • Milk Road email newsletter (about cryptocurrencies)
    • The Hustle - an email newsletter about tech/startup news

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)
    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity
    29 min
  • 193 - The 3 Keys to Successful Delegation
    If you want to delegate more effectively (even to VAs) here are three vital keys. They may seem obvious at first, but they aren't common practice. So you need to make a strong commitment to using them in your delegation processes. Show Notes
    • My 2-minute YouTube video on the 3 keys to effective delegation
    • An example of well-documented procedure (which can, of course, be improved over time with feedback)
    • Check out my Working Smarter with Technology course (with a limited time special discount)

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)
    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity
    23 min
  • 192: Be Your Own Gatekeeper

    You need to protect your valuable time from people who want to steal it. Develop strategies for saying no more often, and for filtering out useless information masquerading as news - do this for your sake and the sake of your clients. Show Notes

    • Free To Focus: A Total Productivity System to Achieve More by Doing Less, by Michael Hyatt (see pages 91 - 113)
    • LFA Episode 190: Text Automation for Lawyers (with TextExpander)
    • TextExpander (the best tool to automate saying no to common requests)
    • Axios (important news & expert analysis by award-winning journalists)
    • Morning Brew (all the key daily news that you can read in 5 minutes or less)
    • Instapaper (save articles for free, even ones that are behind a registration wall, and read them later)
    • Pocket (free, just like Instapaper)
    • Feedly (free RSS reader, with paid version that includes some A.I. features)
    • What is RSS? Here's a helpful article.

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)

    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it.

    Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat.

    They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai.

    EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

    Find out more at EmeraldCity Pro

    32 min
  • 191: Invisible Fences

    Mental blocks are like invisible fences that keep us from progressing and from achieving what we most want in our practices.

    Or has the old saying goes, "whether you think you can, or you think you can't, you're right." In this episode, we'll get clear about what invisible fences are holding you back, and how to get past those mental barriers.

    Show Notes

    • Blog post about Professor Regales (my high school Physics teacher)
    • Special discount on my Co-Pilot coaching program

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)

    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity Pro

    26 min
  • 190: Text Automation for Lawyers (with TextExpander)

    If you want to turbocharge your text output, and triple your typing speed, you need to know about a powerful tool called TextExpander. This is the key to text automation on steroids.

    Show Notes

    • TextExpander free trial
    • Brett Burney's TextExpander courses for lawyers
    • YouTube video demonstration of TextExpander

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)

    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity Pro

    15 min
  • 189: How to Create and Effectively Market a Flat Fee Offer

    If you're looking to save money, increase revenue, attract better clients, and gain more freedom in the long run, then offering flat fee pricing is one of the best things you can do for your practice.

    But how do you figure out the flat fee? And how do you market your flat fee offer in a way that gets more clients to sign up, especially the higher quality ones? That's what this episode will help you understand.

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)
    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish. If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of. Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all receptionist and live chat plans including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at EmeraldCity
    18 min
  • 188: The '5 Whys' is a Powerful Problem Solving Tool

    As knowledge workers, we need to think well to solve important problems. Asking the right questions is how we find root causes for problems versus superficial ones.

    The "5 Whys" is a powerful interrogative process for asking better questions. What is the 5 Whys process? That's a great question!

    Show Notes

    • Overview article on The 5 Why's (blog post)
    • Mental Models explained (blog post)
    • Lawyers As Knowledge Workers (blog post)
    • The Power of A System, by John Fisher
    • Email Newsletter Marketing course (referenced in episode)
    • Co-Pilot Coaching program (referenced in episode)

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)

    Thanks to Our Sponsor Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish.

    If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of.

    Plans start at $210/month for 30 calls and pricing starts at $140 for 20 chats, with overage at $7 per chat. They offer a risk-free start with a 14-day money-back guarantee on all plans, including add-ons (up to $1000). And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a risk-free start with a 14-day money-back guarantee now (and learn more) at smith.ai. EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

    He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

    Find out more at EmeraldCity Pro

    20 min
  • 187: Automated Scheduling

    Working out the best time to talk or zoom with someone is annoying, but not if you automate the process. Lawyers who do this are flabbergasted at how amazing it is.

    In this episode, you'll learn about the two best software options for automating your scheduling. And you'll have a clearer idea of why scheduling automation is so powerful.

    Show Notes

    • Calendly (best scheduling system for most people)
    • Acuity (if you want to collect money for appointments)
    • Book a free call to chat with me in person

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)

    Thanks to Our Sponsors

    SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly.

    The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don't even have to enter a credit card to get started.

    Just navigate to SweetProcess.com/ernie to start your 28-day free trial today.

    And thanks to the other sponsor of this podcast…

    Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish.

    If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of.

    Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.

    EPISODE CREDITS:

    If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

    He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

    Find out more at EmeraldCity Pro.

    36 min
  • 186: Everything is Figureoutable (including how to create your dream practice)

    How do you create a rewarding law practice that earns you a good living, and is also enjoyable? And what's the role of technology in trying to do that?

    Well, the key is to start with the right frame of mind. If you see this goal as monumental then you'll probably be intimidated. But if you believe that you can figure it out then you'll find the challenge less monumental.

    Show Notes

    • Everything is Figureoutable, by Marie Forleo
    • Working Smarter (The foundational program for using technology effectively and creating systems to run your practice)

    General Resources

    • The 80/20 Principle (my email newsletter)
    • The 5 Pillars of a Tech-Powered Law Practice
    • The Inner Circle (an online community for law firm owners)

    Thanks to Our Sponsors

    SweetProcess is a great way to document your important workflows. Doing so will help make your practice run more smoothly, and require less involvement on your part to keep things running smoothly.

    The best way to understand how SweetProcess will help streamline your firm is to start using it. The company offers a 14-day free trial, but as a loyal listener of this podcast, you can try it for 28-days free of charge. And you don't even have to enter a credit card to get started.

    Just navigate to SweetProcess.com/ernie to start your 28-day free trial today.

    And thanks to the other sponsor of this podcast…

    Smith.ai is an amazing virtual receptionist service that specializes in working with solo and small law firms. When you hire Smith.ai you're actually hiring well-trained, friendly receptionists who can respond to callers in English or Spanish.

    If there's one great outsourcing opportunity for your practice, this is it. Let Smith.ai have your back while you stay focused on your work, knowing that your clients and prospects are being taken care of.

    Plans start at just $140 a month for calls or chats. And they have a special offer for podcast listeners where you can get an extra $100 discount with promo code ERNIE100. Sign up for a free trial now (and learn more) at www.smith.ai.

    EPISODE CREDITS:

    If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.

    He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.

    Find out more at EmeraldCity Pro.

    17 min

About The 80/20 Principle

From the publisher's feed

Tech and AI recommendations for solo and small-firm lawyers. The 20% that actually matters, not the hype and shiny objects that don't.

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