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.