Dan Martell - December 28, 2024


How do you make a business?


Episode Stats

Length

57 seconds

Words per Minute

246.5326

Word Count

237

Sentence Count

14


Summary

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

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 How do you make a business?
00:00:01.760 What business do you want to be in?
00:00:03.260 Like real estate or something?
00:00:04.940 But what kind of real estate?
00:00:07.080 How about land?
00:00:08.600 Does that make sense?
00:00:09.420 Yeah.
00:00:09.840 The way you make money in real estate, you buy something here and you sell it for here.
00:00:15.040 So here's how you could start being in business today.
00:00:19.180 Is there anybody in this room that wants to buy some land?
00:00:22.140 Ask the room.
00:00:22.960 Is there anybody here that wants to buy any land?
00:00:25.560 Yeah.
00:00:26.380 See all the hands that went up?
00:00:27.700 Yeah.
00:00:27.940 You go up to the person and you go, what kind of land do you want?
00:00:31.240 And they're going to say, I don't know, I need like four acres in this part of town.
00:00:34.520 Go door to door.
00:00:35.380 Hey, do you want to sell these four acres?
00:00:36.480 Do you want to sell these four acres?
00:00:37.220 Do you want to sell these four acres?
00:00:37.840 They go, maybe what you offer.
00:00:39.740 And you come back to the person that had their hand up and say, I've got these four acres
00:00:42.960 that I could sell it to you.
00:00:44.080 But if you buy it, you've got to give me $1,000.
00:00:46.560 Can you sell the land without owning the land?
00:00:49.880 Yes.
00:00:50.600 And as soon as he finds somebody to buy the option of the land he found, he is now an
00:00:56.000 entrepreneur.
00:00:56.540 He's made a business.