Dan Martell - December 20, 2023


The $50 to Fix It Rule

Hosted by
Dan Martell
Episode #3 is Live @DanMartellVlogs The time I almost too my life…

Episode Stats


Length

35 seconds

Words per minute

203.05

Word count

120

Sentence count

10


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The 50 to fix it is a simple and elegant solution to allow people to solve problems where they should be solved at, which is your frontline worker. Anybody that sees a problem can spend up to $50 to solve it without any person's approval. The only thing I ask is that within a week, you tell your leader that you did it, and they can't get mad at you for it. They can just give you some coaching. That way you don't create bottlenecks for problems to get solved.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 What's the 50 to fix it?
00:00:01.980 The 50 to fix it, it's a simple and elegant solution
00:00:04.900 to allow people to solve problems
00:00:06.860 where it should be solved at,
00:00:08.200 which is your frontline worker.
00:00:09.500 Anybody that sees a problem can spend up to $50
00:00:11.760 to fix it without any person's approval.
00:00:14.260 The only thing I ask is that after you do that,
00:00:16.400 within a week, you tell your leader that you did it
00:00:18.840 and they can't get mad at you for it.
00:00:20.360 They can just give you some coaching.
00:00:21.580 Maybe there was a different potential solution.
00:00:23.380 That way you don't create bottlenecks
00:00:25.500 for problems to get solved.
00:00:27.060 50 to fix it for frontline workers,
00:00:28.800 500 for leaders,
00:00:30.000 $5,000 for managers, $50,000 for sea level.
00:00:33.460 Sam actually got me in trouble once.
00:00:35.380 I was going to do that.
00:00:36.620 He was working on a project
00:00:37.940 and the designer didn't get back to him fast enough.
00:00:40.560 So he was like, hey, I'm blocked.
00:00:41.960 I need to get these done.
00:00:42.880 So he hired an external designer off Fiverr
00:00:45.620 because it was like 25 bucks to get the thumbnails done.
00:00:47.900 He got them done.
00:00:48.860 And then the video went live.
00:00:50.200 The designer saw the videos
00:00:51.880 that didn't follow the templates.
00:00:53.700 He's like, I didn't create these.
00:00:54.600 Who created these?
00:00:55.300 But what's beautiful about that
00:00:56.660 is that it allowed the marketing manager
00:00:59.140 to be aware.