421. AMMA — Scaling Your Firm Starts With the Decisions You’re Afraid to Make

What if the hardest years of your life turned out to be the ones that made you unstoppable? In this episode of The Game Changing Attorney Podcast, Michael and Jessica Mogill break down why your greatest advantage is not your wins but the wisdom you have gained along the way. Drawing on Warren Buffett’s final shareholder letter, he explains how reflection, long-term thinking, and the ability to navigate uncertainty shape the leaders who endure. Whether this year felt like a breakthrough or a struggle, you will see why your future can still be greater than your past. Here’s what you’ll learn: Why your setbacks, mistakes, and “learning years” compound into your most valuable advantage How to think beyond the next month or quarter and make decisions that hold up years from now What it takes to stop punishing your past self, extract the lesson, and move forward with clarity If you’re ready to enter the next year wiser, stronger, and more intentional, this episode shows you how. ---- 02:08 — The lesson from Warren Buffett’s final shareholder letter and its relevance for long-term thinkers. 04:51 — Understanding the difference between a winning year and a learning year. 05:06 — How shifting from short-term decisions to five- and ten-year thinking changes your outcomes. 06:45 — The Navy SEAL “no finish line” analogy and why uncertainty shapes the strongest leaders. 08:10 — Why you must stop punishing your past self and evaluate decisions based on the information you had at the time. 10:13 — The real timeline of results and why growth depends on your starting point and expectations. 15:33 — How to know when your firm is truly ready to scale and why waiting to feel “ready” keeps you stuck. 20:23 — Making tough personnel decisions and why keeping the wrong people holds your entire team back. ---- Links & Resources: Warren Buffett Warren Buffett’s Final Letter to Shareholders ---- 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: 412. Why Doing Hard Things Is the Ultimate Advantage with Joe De Sena 383. AMMA — Why Comfort Will Quietly Destroy Your Law Firm 370. Why Playing It Safe Is Killing Your Growth with Verne Harnish