Dan Martell - February 06, 2024


Entrepreneurs are Addicted to Chaos


Episode Stats


Length

59 seconds

Words per minute

222.668

Word count

222

Sentence count

9


Summary

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

In this episode, we talk about the importance of having a solid team and structure in your business. We discuss how important it is to have a good team and a solid structure in order to grow a business. This episode is a must listen if you want to learn how to run a successful business.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 I remember one of my clients, he worked with me
00:00:01.740 and implemented a lot of the systems
00:00:03.360 and then was like, hey man, I'm taking a month off.
00:00:05.820 I'm going to Thailand.
00:00:07.100 Let's see how my team does.
00:00:08.520 Yeah, and I reply, I go, hand grenade?
00:00:10.920 When did I ever tell you taking a month off
00:00:13.500 from being the CEO of the business was a good idea?
00:00:16.240 When I speak to entrepreneurs back in the day,
00:00:18.060 I'd always ask everybody to close their eyes.
00:00:19.900 And I'd say, raise your hand if you ever went through
00:00:21.520 some chaos between the ages of like 11 and 14.
00:00:24.520 And 70% of the hands went up.
00:00:26.040 And what I discovered, it's not a prerequisite,
00:00:28.200 but it was high correlation.
00:00:29.320 if you grow up in a world where you had a lot of uncertainty a lot of chaos it actually prepared you
00:00:35.680 to be an entrepreneur because the definition of entrepreneurship is making decisions with
00:00:40.340 imperfect information but in a business once it gets going you've got team members and processes
00:00:46.900 and structure that same approach will literally be the achilles heel to you growing because when
00:00:52.020 things start to go you want to throw a hand grenade in your business you go like hey everything's good
00:00:57.660 Let's start a new company.
00:00:58.880 Let's change our offer.