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Dan Martell
- June 27, 2023
“I don’t want to spend money on that”
Episode Stats
Length
35 seconds
Words per Minute
235.6289
Word Count
138
Sentence Count
7
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
(
turbo
).
00:00:00.000
I know a lot of rich people that can't allow themselves
00:00:03.140
to spend money because they always think about
00:00:05.460
what they could buy with that money,
00:00:06.880
especially folks that are in real estate or software.
00:00:09.240
Your next level exists in your ability to buy back your time.
00:00:12.880
Even things like flying private,
00:00:14.420
a lot of people don't consider this
00:00:15.680
because they're like, oh, that costs too much.
00:00:17.220
The problem is not the cost of something,
00:00:19.480
it's how do you turn an expense into an asset
00:00:23.120
by looking on how to buy time or buy leverage with it.
00:00:26.660
If you just hire a team to do all the work,
00:00:28.580
then you just sit at home scrolling TikTok.
00:00:30.400
You didn't buy any leverage.
00:00:31.560
The whole point is to deploy capital
00:00:33.200
to free up your time to go do more.
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