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Dan Martell
- November 13, 2024
Different ceilings in business
Episode Stats
Length
56 seconds
Words per Minute
240.55104
Word Count
227
Sentence Count
10
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
(
turbo
).
00:00:00.000
Most businesses have these ceilings, first ceilings at 300K because they could never get somebody else to do anything for them.
00:00:06.780
That's too much fear.
00:00:07.960
The next ceiling is about 2 million.
00:00:09.640
And the reason why is because they can delegate, but then everybody has to report to them.
00:00:13.140
They have to manage it all.
00:00:14.200
The next ceiling is 10 million.
00:00:15.920
To go from 2 to 10, you have to learn to work through people.
00:00:19.080
And that is the skill.
00:00:20.240
How do I make a bet of 100K on a person knowing logically if they could do what I'm doing, they will produce themselves,
00:00:27.400
me not involved three million dollars in top line revenue through their activity how do i support
00:00:32.440
nurture train hire retain it and invest in that person because if i don't they're gonna go work
00:00:37.980
for somebody else that's willing to pay them 150 it's understanding the human psychology is what
00:00:42.840
needs to be true for somebody who want to be on your team not have to be on your team none of
00:00:46.380
these people have to work for dan so then what needs to be true for them to decide to wake up
00:00:50.460
to help me push and create this future is i need to create a future big enough for their dreams and
00:00:54.920
goals that fit inside of. That's leadership.
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