Dan Martell - August 02, 2023


I lost $80,000… here’s what I learned.


Episode Stats


Length

42 seconds

Words per minute

226.33553

Word count

161

Sentence count

14

Harmful content

Misogyny

1

sentences flagged

Hate speech

1

sentences flagged


Summary

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

The squeakiest wheel gets paid. The one with the most trouble is the one that gets the most money. This episode is about the importance of being persistent and aggressive in trying to get your money back.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 had a woman in New York city owed me $80,000.
00:00:03.000 And all of a sudden it went from, I'll get to it.
00:00:05.320 I'm sorry, to no response.
00:00:06.980 I'd love to say there was a happy ending, there wasn't.
00:00:09.020 I never got paid.
00:00:10.080 I learned a lesson.
00:00:10.940 I created a checklist for escalation.
00:00:13.480 Day zero, day three, day seven, day 10.
00:00:16.240 I just don't let it go.
00:00:17.320 Here's what I've learned about accounts receivable.
00:00:18.940 The squeakiest wheel gets paid.
00:00:20.980 So if they're a business owner and they're sitting there
00:00:23.080 and they've got X amount of cash
00:00:24.500 and they've got all these payables to get paid,
00:00:26.340 they're gonna choose who they pay 0.73
00:00:27.580 based on the pain of not paying,
00:00:29.900 based on who's being the most aggressive
00:00:32.100 or persistent or whatever,
00:00:33.640 I wanna be on the top of that list.
00:00:35.480 When things get into 30 days over, that's red zone.
00:00:38.760 I'm sending a message on Facebook to their wife 1.00
00:00:41.300 saying, is Bob okay?