Dan Martell - September 22, 2023


I used to think you had to go bankrupt…

Hosted by
Dan Martell
Mentioned
Donald Trump
Stop using the wrong F-word in your business School doesn’t matter

Episode Stats


Length

43 seconds

Words per minute

226.28

Word count

163

Sentence count

12

Harmful content

Toxicity

1

sentences flagged


Summary

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

I used to think you had to go bankrupt to ever be successful. I was 25, 26 years old, and I was worried that I was going to lose it all. I looked around at the people that have the best financial stability and I thought, what did they do that I could do? And that's what I did.

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 I used to think you had to go bankrupt to ever be successful.
00:00:03.420 I was like 25, 26.
00:00:05.400 I was building my company, finally had success,
00:00:07.480 made my first million.
00:00:08.560 And the whole time, I'm worried
00:00:10.540 that I'm gonna go bankrupt.
00:00:11.780 There was this pattern I kept hearing about.
00:00:13.680 Wealthy people go bankrupt.
00:00:15.160 Donald Trump famously went bankrupt.
00:00:16.720 Other billionaires, they lose it all,
00:00:18.640 but then they come back. 0.98
00:00:19.520 And I thought, well, this is gonna suck,
00:00:21.140 but I guess it's just part of the journey.
00:00:22.420 If I talk to the people
00:00:24.200 that have the best financial stability,
00:00:27.020 and I say, what did they do that I could do?
00:00:29.680 And that's all I did. I started building relationship and I just started to look at the pattern at that level before I was at that level.
00:00:36.200 That's been the journey is just have good legal infrastructure, good insurance structure so that you never put yourself in a position to lose it all.