Dan Martell - How do you start a business？

00:00:00.000 My name is Nicholas. I'm wondering how do you like make a business? What business do you want

00:00:05.060 to be in? Real estate. Essentially the way you make money in real estate, you buy something here

00:00:10.080 and you sell it for here. Does that make sense, Nicholas? So here's how you could start being in

00:00:15.840 business today. Is there anybody in this room that wants to buy some land? Ask the room. Is there

00:00:20.960 anybody here that wants to buy some land? See all the hands that went off? You go, what kind of land

00:00:25.400 you want? And they're going to say, I don't know, I need like four acres in this part of town. And

00:00:29.360 And then you go and you try to find somebody that's got four acres in that part of town.

00:00:33.400 Go door to door.

00:00:34.400 Hey, do you want to sell these four acres?

00:00:35.400 You write it all down and you come back to the person that had their hand up and say,

00:00:38.040 I've got these four acres that I could sell to you, but if you buy it, you've got to give

00:00:41.800 me $1,000.

00:00:42.800 Well, you know where it is.

00:00:43.800 I don't know where it is.

00:00:44.800 I'm willing to pay you $1,000 to find me that four acres of land.

00:00:47.120 Does that make sense?

00:00:48.120 And then I say, sounds like a deal.

00:00:49.500 Shake your hand.

00:00:50.500 Boom.

00:00:51.500 Can you sell the land without owning the land?

00:00:54.820 as soon as he finds somebody to buy the option of the land he found, he's made a business.

00:01:00.260 How fast can I go from idea to a sale? Usually never requires me to have possession of a product,

00:01:06.940 a service, or anything. I got to go find a customer and I got to give them to give me money.

00:01:11.080 But once I got that money, guess what just happened in that moment? Business starting.

00:01:14.060 For Nicholas, three, two, one.

Dan Martell - March 16, 2025