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Dan Martell
- July 04, 2024
Here's why some of the biggest companies are started in a down market
Episode Stats
Length
32 seconds
Words per Minute
229.90654
Word Count
123
Sentence Count
4
Summary
Summaries generated with
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.
Transcript
Transcript generated with
Whisper
(
turbo
).
00:00:00.000
best time to start a business when there's a down market because then there's a high concentration
00:00:03.780
of just talent. Over the years, you come across these groups of people, they're disproportionate
00:00:08.720
because they all came together and they learned a lot of things fast. Why did they come together
00:00:13.520
in the first place? They had a high concentration of IQ per square foot and the reason they could
00:00:17.720
do that is because it was started in a down market when people weren't pulled away to do
00:00:22.080
other things because the market was hot. When the market is hot and people have opportunities to go
00:00:26.380
an accelerator or to do their own thing because there's capital flowing, then there's no high
00:00:31.340
concentration.
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