Dan Martell - October 06, 2024


Difference between millionaires and billionaires


Episode Stats


Length

32 seconds

Words per minute

187.5

Word count

100

Sentence count

6


Summary

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

The best CEOs spend half their time on talent, identifying talent, developing talent, and talent retention. The problem is, people forget to transition into building the business that builds the people. That's the machine that runs the machine.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The best CEOs spend half their time on talent,
00:00:03.400 identifying talent, developing talent, talent retention,
00:00:06.380 because those people are gonna build
00:00:08.000 the systems and processes.
00:00:09.320 Think about the leverage you get
00:00:10.560 when you have the right person in the right seat on the bus.
00:00:12.940 The difference between billionaires and millionaires
00:00:15.140 is billionaires focus on building people
00:00:17.320 and millionaires focus on building processes and systems.
00:00:20.320 The problem is people forget to transition
00:00:22.500 into building the business that builds the people.
00:00:25.320 That's the machine that runs the machine.
00:00:27.400 Billionaires focus on the product being the business
00:00:30.000 organization, not what they're selling.