Dan Martell - Don't buy back your time to do nothing

Length

40 seconds

Words per minute

262.24

Word count

175

Sentence count

Summary

This episode is a mashup of a conversation I had with a guy I used to work with in the early days of my business and how he was wrong about one of the biggest mistakes I've ever made, and how to fix it.

Transcript

00:00:00.000 Buying back your time to do nothing is fucking stupid. 1.00

00:00:02.480 Had a buddy, lived in New York, 1.00

00:00:03.860 implemented the buyback principle,

00:00:05.500 the buyback loop, replacement ladder,

00:00:07.440 never felt freer, made more money.

00:00:09.300 And he's all like, hey, Dan, I just need to let you know.

00:00:10.980 Other than this call,

00:00:12.160 I have nothing scheduled the whole week.

00:00:13.820 And I go, what part of my strategy did you not understand?

00:00:17.600 There's no part that says buy back your time

00:00:19.800 and then do all.

00:00:21.140 Get your time back to go invest it to make more money.

00:00:23.940 Get your time back to invest it to become better

00:00:26.180 so you can be better for your team.

00:00:27.480 I said, who's the person's name?

00:00:28.820 He goes, what?

00:00:29.280 who's the one person's name on your team if they left your whole life would be he gave me your name

00:00:33.420 you didn't buy back your time dude you just created yourself a single point of failure

00:00:36.600 that you would have to be pulled back into the business in a heartbeat that person left

Dan Martell - December 02, 2024

Don't buy back your time to do nothing

Episode Stats

Summary

Transcript