Dan Martell - February 06, 2024


Entrepreneurs are Addicted to Chaos

Hosted by
Dan Martell
Become the person you would like to attract. Lead Your Kids by Example

Episode Stats


Length

59 seconds

Words per minute

222.67

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).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
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.