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Dan Martell
- March 16, 2026
Give Me 20 Minutes and I’ll Make You Insanely Rich
Episode Stats
Length
20 minutes
Words per Minute
214.56909
Word Count
4,489
Sentence Count
248
Misogynist Sentences
2
Hate Speech Sentences
1
Summary
Summaries generated with
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.
Transcript
Transcript generated with
Whisper
(
turbo
).
Misogyny classifications generated with
MilaNLProc/bert-base-uncased-ear-misogyny
.
Hate speech classifications generated with
facebook/roberta-hate-speech-dynabench-r4-target
.
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I'm going to share with you 20 quantum cheat codes that took me from broke to $100 million
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plus CEO. I spent the last 29 years in the trenches. I've exited three software companies.
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I've helped people make millions of dollars. I've been advising entrepreneurs all around the world,
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and I've learned that succeeding in life is actually pretty simple, but not easy.
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That's why you need these cheat codes. Starting with the first one,
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fix problems people already pay for. The money's already flowing. There's proven demand. A lot
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people say there's competition i can't do this no that's proof you should do it for example if
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somebody's already going to the gym or they're paying for accounting or they need a cleaner
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or there's software out there exists that they pay for every month that is proof that people
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want it competition means there's a market that's a good thing just sell and be better and the good
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news is you don't have to be the first apple wasn't the first one to build a computer google
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was the first search engine facebook wasn't the first social network you just got to be better
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so here's a way to prove to yourself that people already pay for things just open up your bank
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statement and go through and circle everything that's reoccurring that you currently pay for
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that should be proof that there's a market out there that they want what you got to me those
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are always a good place to start what do you currently spend money on and do you have a
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passion around it cheat code number two sell before you do any work selling proves there's
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actually a need if you just do the work it doesn't prove anything pre-selling protects your time and
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your money because there's nothing more expensive than have people saying you should do that you
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should do that you should do that that's what happens late night friends being like oh my god
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that'd be a great idea i would go to your restaurant no they won't not every day for 365 days to pay
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your freaking mortgage show me the money have them pre-buy a table at your restaurant for the year
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the biggest mistake that most founders make is building something nobody wants so what you want
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to do instead is sell the result first start with the offer then work backwards figure out what
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what you're gonna sell, find the customers,
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talk to them and sell it to them.
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You can do it as a simple as a one page offer.
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The hard part is finding the person,
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talking to the person,
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convince them they should buy and taking their money.
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Everything else is backwards.
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Cheat code number three, solve problems for rich people.
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Rich people care more about time than money.
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So they'll pay more to solve the problem fast.
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A business owner that's got money
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will pay thousands of dollars to save time
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or a broke student can't.
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So what you wanna do is you wanna find the buyers
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that got the money, find out where they spend their time,
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what events do they go to, what groups are they part of,
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who influences them, get to know those people and places
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and show up there and have those conversations
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to sell what you've got.
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Cheat code number four, never discount, always add value.
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Discounting makes it look like
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you don't believe in your product.
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If you're trying to build a brand,
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trying to build something of value,
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the discount does the opposite.
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If you need to move some product
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or you need to give somebody a deal, add to it.
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Now all of a sudden, you're firm with your price,
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then you can add extra stuff
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to get somebody to make a decision faster
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or get people to buy a lot more.
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When you cut your price,
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you train customers to wait for the next sale
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instead of buying now.
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Apple never discounts.
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They just add features.
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They might do some bundles, but they don't discount.
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The easiest way to do this
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is just create what I call a bonus bank.
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Have five to 10 valuable things
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that you might have within your company
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you've created for other people
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and have them ready to go.
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That way, when you're having a sales conversation
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and they're like, well, I don't know,
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that's pretty expensive.
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You say, well, know what we could do?
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And you go to the bonus bank and you go,
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here's what we can do.
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We can do this plus this so that you have this.
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These can be product bonuses, support bonuses,
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exclusive access bonuses, whatever it is,
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you have the bonus bank ready to go to get the deal done.
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Cheat code number five, price anchoring.
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This one will make you a lot of money.
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Right now, what you sell might feel expensive,
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but only because there's nothing else to compare it to.
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Think of it like this.
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Having a $200 steak on the menu
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makes your $30 steak feel cheap as fuck.
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So what you wanna do is show you have a high price first.
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When somebody asks you like how much it is,
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just say, well, we have a few options.
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At the highest level or VIP level, we have this,
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and that should be three to five times more expensive
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to the next level.
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Then we have this level,
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and this is where most people start.
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I like to do that so that I anchor them there,
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because then if they don't wanna be like most people,
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they might be like, no, I want the high level.
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That'll make that option just feel so much more approachable
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because you've anchored against a higher price.
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Cheat code number six, sell less stuff.
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If you wanna kill a business, I'll tell you how to do it.
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Add a bunch of stuff to the business.
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Complexity kills companies.
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Being decent at everything just stops you
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from being great at one thing.
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Anytime I think of this, I go back to Japan
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because that is a country that focuses
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on being excellent at one thing.
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If you go to a food court at a mall in Japan,
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each specific place only does one thing.
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I mean, some of them don't even sell drinks
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because they're like,
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we're not gonna be the greatest at drinks.
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So you gotta go buy your drink from the drink person
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because they're masterful at that.
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So here's what you need to do.
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You need to cut your product line down to the top 20%
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that makes 80% of your money and profit,
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always use gross margin and say no to everything else.
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Number seven, sell painkillers, not vitamins.
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I know, you think what you've got
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is like the coolest thing in the world.
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The problem is, is it doesn't solve a pain.
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It's a nice to have.
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You know what the easiest thing in the world to sell is?
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Money.
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That's why people that sell anything around sales, marketing,
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they make a lot of money because they're selling money,
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which is the number one pain in most people's lives.
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So it's easy to sell.
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Just think about what you sell and just ask yourself,
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where's the pain?
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Where's the problem?
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It's like if you have a leaky roof, you get it fixed today.
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A nicer looking roof, maybe in 15 years
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when you decide you got to upgrade your house.
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Not a now thing.
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People only buy what they need right now,
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not what will help them later.
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So here's my advice.
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Ask your customers around what you solve for them.
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What keeps them up at night?
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Use their exact words in the pitch.
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It's called echo marketing.
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Then show them what happens if they wait.
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If you can do that, they will buy a lot more today.
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Cheat code number eight, make your offer irresistible.
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Great offers beat fancy marketing every day.
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Most businesses fail because their offer is weak.
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Not because of their ads, not because of their website,
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not even because of their team.
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They just haven't communicated strongly
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exactly how they can help the customer.
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So your offer should only have four things.
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One, a clear promise.
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Nobody buys coaching or software.
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They buy the transformation.
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The second is risk reversal.
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What is the risk of me making a decision
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or not making a decision?
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And how can you give me a guarantee?
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Maybe you make it performance-based fees
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or you do a done for you
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where you structure it in a way that removes their fear.
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The third is you have to stack value.
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They wanna feel like they're getting a good deal.
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So then you go into the bonus bank
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and then you think about how can I make this an exclusive?
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How do I use the value to get them
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to make a decision today?
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It has to amplify the perceived value
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of what you're selling.
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The fourth is we wanna build scarcity and urgency
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because if you don't, they're just not gonna do anything.
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They're just gonna put it off to another day.
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I always say, I wanna help you take it off your to-do list.
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And that's where you have to use language
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like limited spots, deadlines,
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or maybe you have a real, don't lie,
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capacity cap to force the action of making a decision.
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Now, if you're a business owner and you want my complete offer template, including my internal
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sell by chat playbook, plus my content strategy that took me years to develop, it's yours for
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free. Just go find me on Instagram and message me the word YouTube offer and I'll send it over.
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Cheat code number nine, partner at the point of sale. This one will change the game for you.
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If you start a business and you got no credibility, if you find somebody that has a lot of credibility
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in the market and you partner with them, you can go from zero to hero in one partnership.
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The way I do business all the time is ask myself who has access to my customers because the fastest
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way for me to grow my business and build my credibility is to find people who have done
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all the heavy lifting, partner with them and have them tell their community about me. For example,
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products sell faster on Amazon than any other website. Why? Because they've built the trust
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and they have the traffic and you want to find other people in your industry that influence your
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buyers that have the trust and the traffic. It sounds hard, but it actually is not that bad.
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you just have to do the work. So here's my very tactical advice to you. Find three businesses
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that already sell to your dream customers, but don't compete with you and offer them a cut of
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every sale to promote your stuff. You can go from 10% to 20% to 50%. You got to look at your margin
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so you don't go broke. But at the end of the day, the sweeter the offer, the more they're going to
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want to promote, the more customers you're going to get. And it could be just something you do for
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a year to get some momentum and then decide to build your own marketing strategy. Cheat code
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number 10 build momentum not motivation motivation fades momentum is contagious it's about building
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a system that runs whether you feel inspired or not while motivation requires constant refueling
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i have a system i follow my feelings don't matter i follow it i get results i create momentum
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if i have to ask myself do i feel motivated to shoot this video guess what i don't always but
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it doesn't matter i created a commitment that builds momentum so here's how we do this in a
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very tactical way the way i design this for my company is i use this framework called the business
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flywheel by jim collins in his book good to great you essentially identify four to six different
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steps that you do over and over and all of a sudden it creates a flywheel takes a while to
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get going but once it's going it's really hard to stop maybe it's creating content that gets customers
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then you deliver results then they give you referrals and then you repeat that would be the
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most basic one now you want to create a custom one and you can go online to see a bunch of different
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examples of a business flywheel but the whole idea is follow those steps and keep spinning it
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and spinning it and it's going to create that momentum the whole point is that every step makes
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the next step easier and that's how we build momentum that keeps going on its own cheat code
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number 11 think in constraints this is how i scale companies i always do this i always go what is the
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bottleneck most businesses say everything's broken that's not true there's one thing that's broken
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more than the rest. Fix that bottleneck first and your business will grow. The challenge is most
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people are trying to solve things that are just not now problems and the right action at the right
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time is actually how we win. That's why I always say that sequencing equals success. I have to
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spend more time analyzing the game to figure out what's my right next move so that I use the
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resources I have to solve the biggest problem to unlock the next level of resources. If I had to
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visualize it, think of it like a traffic jam. It always happens at the most narrowest point.
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When you solve that narrow point, widen it up,
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the whole thing frigging flows.
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Then all of a sudden the highway
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doesn't feel so frigging congested.
00:10:40.880
Another way to ask yourself the question
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is if your business grew by 3X next month,
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what's the first thing that would break?
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Fix that and watch your revenue grow.
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Cheat code number 12, subtract before you add.
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Less things make it easier to grow fast
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because you have less pieces that could break.
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My rule is you can't pick something up
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until you put something down.
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And that's why our core value in my companies
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is simple scales.
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When I look at products that people build
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and they add all these features,
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I'm like, the interface looks complicated.
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Why not focus?
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It reduces your support costs, your maintenance costs,
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and your complexity debt.
00:11:15.100
If you don't, you'll hit the complexity ceiling
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and wonder why you can't grow.
00:11:19.160
My favorite example is Elon Musk.
00:11:21.360
He has these five things.
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He calls it like five optimization algorithms.
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And one of them is remove stuff out of the process.
00:11:27.580
And his rule is if you don't break things
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as you remove stuff out of it,
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then you didn't remove enough.
00:11:33.260
So here's what I need you to do.
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Cut what doesn't work.
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Only keep the bare minimum.
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Kind of think of it like a spring cleaning.
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I would just list all your processes,
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all your products, all your systems,
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and figure out which one are just there
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from old things that you were doing
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that don't really add value today,
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and just clean them up.
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See what breaks.
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Add it back to the breaks.
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Sometimes businesses to grow need to trim,
00:11:55.700
they need to clean, they need to get ready to grow.
00:11:58.420
Cheat code number 13, have very high standards.
00:12:01.900
Standards are guiding principles.
00:12:03.960
It helps people understand how to interact with you
00:12:06.480
from team members to customers.
00:12:08.740
But standards aren't what you say they are,
00:12:10.900
they're what you accept.
00:12:12.360
A standard is finishing this sentence,
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I will always, I will never allow.
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If you can go dot, dot, dot, this or that,
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that is called a standard.
00:12:21.500
Systems tell people what to do,
00:12:23.400
but standards tell them what good looks like
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so that they can self-correct.
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Here's a trick to know what your standards are.
00:12:29.480
What happens when you're not there?
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How do people react?
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How do people respond?
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How do people show up?
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That is a standard.
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There's not what you wish they would do.
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It's what they actually do that tells you the full story.
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So here's how you set a standard.
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Define what good looks like.
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Focus on the outcome, not just the process.
00:12:45.600
And then hold people to that standard.
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Just show them.
00:12:48.240
Teach them, train them, and then go, here's your work.
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Here's the work I expect.
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That's the standard.
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Map it.
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It's not there.
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Can you do that next time?
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You got to be super clear.
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Cheat code number 14, buy back your time.
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Yes, I keep coming back to this,
00:13:01.220
but it is the thing that's made me
00:13:02.340
the most money ever in my life
00:13:04.180
because time is your most valuable resource.
00:13:06.580
The truth is, is you can always make more money,
00:13:08.760
but you can't buy more time.
00:13:10.560
Hiring a cleaner saves you hours every week,
00:13:12.960
giving you more time to focus on the business.
00:13:15.840
Having an assistant join your team
00:13:17.580
to take over the administrative tasks
00:13:19.260
so that you can do more marketing
00:13:20.660
and make sure the customers are happier
00:13:21.960
and do some sales processes.
00:13:23.560
To me, that is a great use of your time.
00:13:25.640
So here's something very tactical you could do.
00:13:27.980
Outsource any task that doesn't make you money.
00:13:30.840
Free yourself from the admin work.
00:13:32.820
My brother had a big issue
00:13:33.960
when he first started his home building company
00:13:35.400
because he was spending 12 hours a day
00:13:37.260
just running around grabbing stuff for people.
00:13:38.940
And I was like, bro, you can hire a runner
00:13:41.180
to run around and do that to bring people stuff on site
00:13:44.180
so that you could be on the phone talking to clients.
00:13:46.780
You're gonna make more money selling a house
00:13:48.000
than you are going to get somebody a brick
00:13:49.420
they forgot to buy.
00:13:50.540
Cheat code number 15, build a business that doesn't need you.
00:13:53.560
When you build a business that doesn't need you to grow,
00:13:56.700
that is a great business to run.
00:13:58.680
And the truth is, real wealth is only created
00:14:01.760
when your business generates income
00:14:03.700
that can happen without your presence.
00:14:06.640
Think about McDonald's.
00:14:07.800
It runs the exact same whether the owner's there or not.
00:14:11.320
I've been all over the world with my kids buying McDonald's
00:14:14.220
and I will tell you in Japan to New Zealand to the US,
00:14:17.560
it's the same and the person who owns a McDonald's
00:14:20.560
isn't in the building.
00:14:21.780
He's probably on the beach somewhere.
00:14:22.880
So here's the experiment.
00:14:25.140
Imagine you took a four-week vacation
00:14:27.460
and you weren't allowed to check Slack or your email.
00:14:30.680
What would break?
00:14:31.600
What wouldn't get done?
00:14:32.800
That essentially is your hit list of things
00:14:34.860
that you need to start thinking about
00:14:36.140
creating system around and delegating to other people.
00:14:39.280
Because great leaders,
00:14:40.740
they run as fast as they can to not be needed.
00:14:43.780
You might have to learn to let go.
00:14:45.760
Cheat code number 16, look at your numbers every day.
00:14:49.260
Numbers tell the truth.
00:14:50.640
If you want something to get better,
00:14:52.620
you need to know where you're at.
00:14:54.280
Most people won't step on a scale
00:14:56.000
because they don't wanna know they're overweight.
00:14:57.920
But the truth is the numbers tell the truth.
00:15:00.460
And once you know the number,
00:15:02.300
then attention, or what I like to say,
00:15:04.040
sunlight will sanitize all things,
00:15:05.920
which means it'll get better.
00:15:07.960
When we measure things
00:15:09.180
and we increase the frequency of measurement,
00:15:11.660
the number gets better.
00:15:13.220
And daily tracking prevents those small little problems
00:15:15.980
from becoming massive disasters.
00:15:17.940
If you think about it,
00:15:18.600
a fitness tracker changes how people exercise.
00:15:21.120
When they start measuring and they look at it,
00:15:23.540
all of a sudden they're gonna make different decisions.
00:15:25.340
How often do I go?
00:15:26.360
How heavy do I lift?
00:15:27.720
What did I eat?
00:15:29.060
Those are all ways to measure daily.
00:15:31.640
So what I want you to do in your business
00:15:33.200
is build a simple one-page dashboard
00:15:35.700
where you track your top three to five numbers
00:15:38.480
that you check on every day.
00:15:40.540
I'm talking the first thing before you open your email,
00:15:43.400
before you check your Slack post, before you do anything.
00:15:46.220
For me at Martell Ventures,
00:15:47.440
it's enterprise value created per dollar spent.
00:15:49.580
I have one metric where I look at my dollars deployed
00:15:52.780
to create enterprise value.
00:15:55.100
That way I can focus on supporting the team
00:15:57.600
to increase that.
00:15:58.500
I'm just asking you to write down three to five,
00:16:00.360
but if you can distill it into one, even better,
00:16:02.940
just make sure you're looking at it every day.
00:16:04.880
Cheat code number 17, measure what leads to money,
00:16:08.120
not vanity.
00:16:09.200
Oh my gosh, people will waste their time.
00:16:11.360
They'll measure things like website traffic
00:16:13.260
because they think they're rich.
00:16:14.620
Guess what?
00:16:15.180
Your strike transactions is how you get rich,
00:16:17.420
not the amount of traffic you get to your website.
00:16:19.120
oh my god i had a viral video did you get any customers no those don't matter the vanity metrics
00:16:25.280
will get you off on a tangent and distract you and your team doing stuff that doesn't matter
00:16:30.640
make sure you get everybody focused on the thing that actually moves the needle stop obsessing over
00:16:36.400
likes views team size that's another one oh how big's your team who cares that's not impressive
00:16:41.600
you know what's impressive a million dollars a profit per team member that's impressive track
00:16:46.400
that figure out how you can improve that get your team involved on increasing that and watch your
00:16:50.960
whole life expand cheat code number 18 pay for results not time i have people tell me they have
00:16:57.120
software installed on computers that track people they're like i monitor my team using software
00:17:02.800
that's crazy i don't track my team's time i don't care what they do when they go to the gym how they
00:17:07.200
get it done i track the output and the way i make it so that it's win-win is i ask myself what result
00:17:13.280
I want, and then I tie their pay to that result. I make it simple. These are your personal goals.
00:17:19.260
These are the business goals. Here's how I'm going to measure your success, and they're aligned.
00:17:23.440
Terrible bosses track hours. Great leaders track output. I care about the results,
00:17:29.560
not the effort to get the results. So here's what I want you to do. I want you to think about ways
00:17:34.620
where you can pay people for the results, not their hours. If you hire somebody to do social
00:17:38.680
media for you, maybe you give them a lower base and then you give them a variable compensation
00:17:43.500
based on their growth of followers. That way, the worse they perform, the less they make so they can
00:17:48.780
self-correct. And also, it's a great way to give them an unlimited compensation. Just make sure
00:17:54.160
you give them clear goals tied to their pay that's easy to measure. Cheat code number 19,
00:17:59.820
fire based on expectations, not feelings. Most people, by the time they got to fire somebody,
00:18:05.360
there's a lot of emotional shrapnel involved my philosophy is i set the expectation on day one
00:18:11.680
i explain to them what that looks like if i see them fall short i remind them in private i coach
00:18:16.800
them up to deliver if they can't then i explain to them there's no place for them on this team
00:18:21.600
it's just like a professional sports team if i hired you to be a quarterback and you can't
00:18:27.120
throw the ball and actually get a reception then i can't keep you on the team because there's a job
00:18:32.240
called quarterback that needs to be done so that everybody else on the team as a team can win.
00:18:37.280
There's no emotion about that. I'm just very clear. So take the feelings out of it, make the
00:18:42.140
expectations clear, and let people transition onto other teams where they might be world-class at.
00:18:47.180
They're just not going to win on your team. So here's how you do that. First off, you set clear
00:18:51.300
agreements. Sometimes I call these SLA, service level agreements, for every person on your team.
00:18:56.340
These are the non-negotiables. This is, here's how we function in that role. That way, if somebody
00:19:00.940
keeps missing them it's probably feedback that it's time to let them go cheat code number 20
00:19:05.160
build moats most important if you want to dominate in business as a cheat code is you need to
00:19:10.860
understand how to create a competitive moat around your business so that it doesn't make you so easy
00:19:16.580
to compete against if you don't have a moat then it's really easy for people to come in take your
00:19:20.420
customers and then leave you defenseless moats protect profits many people say that monopolies
00:19:25.680
is the best way to make a lot of profit that's why you have google you have facebook because
00:19:28.820
Technically, they've built this wild moat
00:19:30.980
that makes it so that nobody can attack their margins.
00:19:33.880
Coca-Cola's got their secret formula.
00:19:35.840
Tesla's got their charging network.
00:19:37.780
Nobody can copy those overnight
00:19:39.540
because they have these moats.
00:19:41.120
So I wanna give you something very tactical.
00:19:43.220
You need to build a moat by owning something
00:19:45.160
other people can't copy easily.
00:19:47.180
So think about your network,
00:19:49.020
investing in your expertise, the systems,
00:19:51.760
maybe you're creating AI system prompts
00:19:53.860
because that's intellectual property.
00:19:55.800
And most importantly, as you've seen,
00:19:57.460
just your personal brand.
00:19:58.820
because you will take you with you
00:20:00.420
for the rest of your life.
00:20:01.640
Make yourself the only obvious choice.
00:20:04.220
That's how we create a moat.
00:20:05.460
I know that's a lot.
00:20:06.620
I just went over 20 quantum level cheat codes
00:20:09.560
that I've learned over the last 29 years of business.
00:20:12.700
And it can feel a little overwhelming,
00:20:14.100
but here's what I want you to do.
00:20:15.440
Don't aim for mastery.
00:20:17.360
Just ask yourself what resonated the most for you,
00:20:20.100
and then just choose that one and say,
00:20:21.800
I'm gonna go work on that.
00:20:23.100
And you can keep coming back to this message
00:20:25.740
to review those 20, to ask yourself how you're doing.
00:20:28.500
but I want you to leave me a comment below
00:20:30.400
and let me know what's the one
00:20:31.920
that you'll commit to this week.
00:20:34.060
And again, if you're a business owner
00:20:35.600
and you want my internal sell by chat playbook
00:20:37.620
with my internal offer template, how I create content,
00:20:40.760
the exact sales strategy that I use myself
00:20:43.180
to chat with people on social media,
00:20:44.820
just find me on Instagram and message me the word
00:20:46.940
YouTube offer and I'll send it over to you.
00:20:49.380
Now, if you wanna learn to build systems
00:20:51.580
that make business easy, click the video
00:20:53.740
and I'll see you on the other side.
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