Dan Martell - April 21, 2026


Giving out some free business advice @theschoolofhardknocks


Episode Stats


Length

1 minute

Words per minute

232.72403

Word count

348

Sentence count

35

Harmful content

Toxicity

1

sentences flagged


Summary

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

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
00:00:00.000 Excuse me, sir.
00:00:01.320 Quick question for you.
00:00:02.520 Have you ever been broke before?
00:00:04.840 Yeah.
00:00:05.560 And what line of business are you in?
00:00:06.880 I'm an angel investor.
00:00:07.840 What was the most amount of money that you've made in a single year?
00:00:10.160 Over $100 million.
00:00:11.360 Over $100 million.
00:00:12.260 Yeah.
00:00:12.520 What took you from making eight to nine figures in your business?
00:00:14.960 Here's where people get wrong.
00:00:16.160 Most people, when they start, they're trying to make money and they focus on building systems,
00:00:19.820 which is cool.
00:00:20.580 Millionaires build systems, but billionaires build people.
00:00:22.860 So if anything, my job is talent development.
00:00:25.940 Talent's the end game in business.
00:00:26.860 It's everything, man.
00:00:27.760 You build the people, the people build the business.
00:00:29.240 Did you go to college?
00:00:30.220 No, self-taught.
00:00:31.120 Self-taught?
00:00:31.600 Yeah, self-taught.
00:00:32.180 Do you come from a lot of money?
00:00:33.340 No.
00:00:33.840 I mean, my story is crazy because I actually ended up in prison twice by the time I was 17.
00:00:37.120 I learned how to code.
00:00:38.600 It saved my life in rehab.
00:00:40.120 You didn't go to college, but you made more than 99.9% of business professors that ever will.
00:00:44.500 Give them a real quick, a 30-second, a 60-second business masterclass that's not taught in school.
00:00:49.500 A quick 30-second, 60-second business masterclass.
00:00:52.280 Okay, cool.
00:00:53.120 This is the biggest thing.
00:00:54.320 Most people that suck at business only start when they think they got a winning recipe.
00:00:58.540 Real entrepreneurs start knowing they're wrong. 0.76
00:01:01.160 And what they do is they rush out into the world
00:01:03.220 to try to validate the riskiest assumptions
00:01:05.380 as fast as possible to then know what's broken
00:01:08.220 and then fix it.
00:01:09.120 They actually start with the assumption,
00:01:10.680 I'm probably, not probably, I'm wrong.
00:01:12.760 There's something about my business idea that's wrong.
00:01:14.960 So that's why most business professors are broke
00:01:17.420 because they have a mindset that like,
00:01:19.100 oh, most businesses fail.
00:01:20.220 Yeah, guess what?
00:01:20.880 That mentality is gonna cause you to fail.
00:01:22.600 That is business in a nutshell.
00:01:23.940 Guys, if you wanna get mentored directly
00:01:25.460 from the millionaires that I interview,
00:01:26.760 how to start and scale your business, comment the word mentor down below.