Dan Martell - March 18, 2025


How to start making money

Hosted by
Dan Martell
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Episode Stats


Length

31 seconds

Words per minute

195.53

Word count

102

Sentence count

12


Summary

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

In this episode, I talk about why my revenue has dropped from $1 million to $8.50 a month since I took over my company and why it's so important to add 100 new clients each month to keep your revenue growing.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Revenue has dropped from $1 million to $8.50 since I took over.
00:00:04.820 Okay.
00:00:05.380 Don't tell Dad. Don't tell Dad.
00:00:06.760 I will not tell.
00:00:07.860 Do you know why the revenue drops?
00:00:09.820 I don't.
00:00:10.940 There's only a handful of things that make revenue go up.
00:00:14.500 The number of clients you had at the beginning of the month,
00:00:16.780 how many new clients you added, how many clients stayed.
00:00:20.980 It's called churn.
00:00:22.020 If you have 10% of clients that leave and you had 1,000 clients,
00:00:25.380 well, 10% is 100 clients.
00:00:27.000 So if you don't add 100 clients each month, then you're going to lose money.