Dan Martell - December 15, 2023


I will give anybody 5% of anything that has potential upside.


Episode Stats

Length

47 seconds

Words per Minute

243.78947

Word Count

193

Sentence Count

10


Summary

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

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 So I don't care about giving up 5%.
00:00:02.380 I will give anybody 5% of any revenue
00:00:05.520 they bring into my life.
00:00:06.800 Unlimited, billion dollars.
00:00:08.500 So the issue is not that.
00:00:09.540 The issue is in supporting you
00:00:11.160 to create that outcome for me,
00:00:12.700 how much of my time and resources that I invest,
00:00:15.320 and then I didn't get the increase in revenue.
00:00:17.140 I care more about getting the increase in revenue
00:00:18.880 that compounds, not the fact that I saved myself
00:00:20.960 because I paid you a low base.
00:00:22.120 This is what happens with salespeople all the time.
00:00:23.700 They're like, oh, you know what?
00:00:24.460 I'm only paying on top line commission.
00:00:25.860 Yeah, but you're also not getting the best of the best
00:00:27.900 because you're not paying top of market.
00:00:29.420 so it means that you're getting people willing to take a trade which means they're technically
00:00:33.020 not that good because they're actually being sold on a the opportunity just saying is this
00:00:38.300 person the right hire if they are then who gives i'll give you five percent up to five million
00:00:43.900 revenue and then we'll have to renegotiate i care more is this the right person