Dan Martell - June 05, 2024


Learning the skill of working through people will be the biggest unlock in your business


Episode Stats


Length

57 seconds

Words per minute

239.8317

Word count

228

Sentence count

10


Summary

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

In this episode, I talk about how to go from a $300k company to a $10M company, and how to make a bet of $100k on a person, and why you should invest in that person.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 Most businesses have these ceilings, first ceilings at 300K because they could never
00:00:05.020 get somebody else to do anything for them.
00:00:06.780 That's too much fear.
00:00:07.940 The next ceiling is about 2 million.
00:00:09.640 And the reason why is because they can delegate, but then everybody has to report to them.
00:00:13.120 They have to manage it all.
00:00:14.200 The next ceiling is 10 million.
00:00:15.920 To go from 2 to 10, you have to learn to work through people.
00:00:19.080 And that is the skill.
00:00:20.240 How do I make a bet of 100K on a person knowing logically if they could do what I'm doing,
00:00:25.980 they will produce themselves me not involved three million dollars in top line revenue through their
00:00:30.500 activity how do i support nurture train hire retain it and invest in that person because if i don't
00:00:37.380 they're going to go work for somebody else that's willing to pay them 150 it's understanding the
00:00:41.700 human psychology is what needs to be true for somebody who want to be on your team not have to
00:00:45.340 be on your team none of these people have to work for dan so then what needs to be true for them to
00:00:49.700 decide to wake up to help me push and create this future is i need to create a future big enough for
00:00:54.320 their dreams and goals to fit inside of.
00:00:55.960 That's leadership.