073: How You Can Make More Money by Taking Additional Time Off with Mark Powers
Imagine stepping out of your office on a Friday and not looking back until Monday, all while your law practice thrives more than ever. That’s not just a daydream but a reality Mark Powers and Steve are excited to share.
On this episode of Great Practice, Great Life, Mark, the founder of Atticus, joins Steve in unwrapping a counterintuitive approach—positive constraints. It’s about creating firm boundaries that boost your bank balance and replenish your zest for life. We tackle managing workloads, securing weekends off, and aiming for a staggering 175 days of freedom every year, changing grinding days into a profit-driven business model. Steve recalls a powerful moment when he first attempted to peel himself away from his desk after a relentless decade of work, and it all started with a “movie day.”
This episode is about strategies for a successful law firm, a personal journey into taking breaks, and the personal growth that comes with it. We talk about how setting constraints is a strategy for financial health as well as for personal well-being. Hear candid stories and actionable steps that can lead you to cultivate a sustainable business that supports you, your clients, and the life you want to lead, all while savoring the success and happiness you deserve.
Join Mark and Steve as they guide you through this process that might redefine what it means to have a great practice and a great life.
In this episode, you will hear:
- How to increase income and personal well-being by setting positive constraints in law practices
- The importance of setting boundaries to prevent law firms from depleting resources
- Strategies for lawyers to manage workloads and refrain from weekend work
- Aiming for a sustainable work-life balance and 175 leisure days a year
- Personal growth through taking systematic breaks, beginning with simple steps like a “movie day” to foster a healthier work-life balance
- The paradox of working less yet earning more by focusing on profit-driven business models instead of income from direct work
- Some examples of positive constraints, such as the story of Dr. Seuss and his creative challenge
- Starting with manageable goals, like taking weekends off, to build toward more substantial time off while maintaining a profitable business
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Supporting Resources:
Mark Powers: President, Shareholder, & Certified Practice Advisor
If there’s a topic you would like us to cover on an upcoming episode, please email us at steve.riley@atticusadvantage.
Steve Riley
Certified Practice Advisor & Attorney
Steve Riley has coached attorneys for more than 20 years. His one-on-one coaching focuses on a limited number of top producing attorneys committed to taking their practices to new levels of excellence, profit, and personal success. He also presents at group coaching workshops around the country for individual law firms, state bar associations, and other legal organizations.