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.