Dan Martell - April 21, 2023


If you want to be rich, be lazy. Let me explain…


Episode Stats

Length

58 seconds

Words per Minute

224.79564

Word Count

220

Sentence Count

15


Summary

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

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 There's this philosophy that if you want to be rich, be lazy.
00:00:02.580 And if you want to be wealthy, be incompetent.
00:00:04.360 And here's why.
00:00:05.080 If I bought a restaurant and the chef quit,
00:00:07.380 do you think I'm running in the kitchen to be the chef?
00:00:10.560 Zero fucking chance.
00:00:11.900 What I would do is start calling recruiters to find me a chef,
00:00:14.880 to call my friends that are chefs,
00:00:16.040 to ask for a favor, to come in to be the chef,
00:00:17.820 to ask somebody else on my team to be the chef.
00:00:19.380 Because out of all the people that could probably cook,
00:00:21.360 I haven't cooked myself a meal in years, dude.
00:00:23.520 Why?
00:00:23.800 I am the most incompetent person as it retains to being a chef.
00:00:28.320 And oftentimes I see people because they can do the work.
00:00:32.540 Their immediate response when there's somebody
00:00:34.880 that departs from the company is to jump in.
00:00:37.300 And what happens is you then bottleneck
00:00:39.960 because there's no problem to fix
00:00:41.760 with the urgency that it would.
00:00:43.160 If I don't have a chef, I can't open tomorrow.
00:00:45.680 My level of urgency to solve that problem is now.
00:00:49.000 If I can be the chef, it gets punted.
00:00:51.520 Six weeks, eight weeks, 12 weeks.
00:00:54.000 And guess what?
00:00:54.800 Subpar food, no leadership in the other restaurants,
00:00:57.280 the whole thing sinks.