Dan Martell - September 03, 2024


Millionaire CEO Explains: 8 Steps to Get Your Sh*t Together

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Mentioned
Short term greedy vs long term greedy People don’t quit companies, they quit bosses.

Episode Stats


Length

21 minutes

Words per minute

228.47

Word count

4,855

Sentence count

188

Harmful content

Misogyny

1

sentences flagged

Toxicity

1

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Summary

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

In today's episode, I'm going to show you how you can actually get rich and even run a multi-million dollar business with a complete normal schedule without sacrificing your health, sleep, or time with family and friends.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
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'm going to share with you how you can actually get rich and even run a multi-million dollar
00:00:04.100 business with a complete normal schedule without sacrificing your health, sleep, or time with
00:00:09.400 family and friends. These are what the top 0.1% of people use to do more in a day than most people
00:00:15.440 do in a complete week. And they're what I use every single day as a multi-million dollar CEO
00:00:20.460 despite having crippling ADHD. I'm going to show you everything you should and shouldn't be spending
00:00:26.040 time on and even go over my complete calendar so you can immediately implement this process
00:00:31.400 into your life. The first time rule is spend money to save time. See, most people spend time
00:00:37.080 to save money. They mow their own lawn, they get their own groceries, they drive to Costco to save
00:00:41.180 on gas. They're offering their time to anybody, strangers, then they have no time to actually
00:00:46.040 invest in themselves. Rich people spend money to save time. Delivery services, lawn care. I mean,
00:00:51.580 I don't even put gas in my own car.
00:00:53.800 I didn't start there, but I got to that place
00:00:55.880 because what I learned a long time ago
00:00:57.040 is the difference between a broke person
00:00:58.660 and a rich person is a broke person
00:01:00.600 prioritizes things differently.
00:01:02.280 They prioritize their money over their time.
00:01:05.620 They value their money way more than they value their time,
00:01:08.700 but rich people value their time
00:01:10.940 more than they value money.
00:01:12.680 Only spend time on activities
00:01:14.260 that are gonna make you money.
00:01:16.160 Either they make you better, they teach you new skills,
00:01:19.240 they give you more time.
00:01:20.400 The key is to reinvest that time
00:01:22.480 into other money-making activities.
00:01:25.120 If you're CEO, you gotta protect your time
00:01:27.360 because if you don't, people won't value it, right?
00:01:29.880 So you literally have to say no
00:01:31.760 to the current activity sometimes
00:01:33.820 to say yes to the big dreams and goals,
00:01:36.080 but it starts with first valuing your time.
00:01:39.000 You'll never get a penny more than you think you deserve.
00:01:41.240 And some of you, the biggest opportunity
00:01:43.100 for being more productive
00:01:44.140 is just putting a dollar amount on your hour.
00:01:47.120 Call it $100, call it $500,
00:01:49.200 dollars. Just give it a dollar amount so that when you're looking at things, you can say,
00:01:53.100 is this worth it? Will I get that return? If not, you can be polite, just politely say no
00:01:58.820 to create the space to become more. The second time rule is big rocks first. Now I know you've
00:02:04.420 probably heard people talk about eat that frog or productivity hacks, but I'm going to share
00:02:08.800 something that most people get wrong about all that. When I was in my twenties, I used to just
00:02:13.000 sit there and write a list of things I want to get done. And I just kind of run through it. If I felt
00:02:17.200 like doing something i'd do it and if i didn't i wouldn't and that list just kept kind of snowballing
00:02:21.980 forward every day and it never actually get done what i changed that absolutely not only affected
00:02:27.980 my ability to get stuff done but it affected my energy affected my ability to be effective is i
00:02:34.340 started with the big rocks the challenge was i was doing it completely wrong then one of my mentors
00:02:38.800 explained the jar analogy to me see most people their day is like a jar it's a glass jar and if
00:02:44.440 you look at it and you start and you put the sand in there you know the little things that you got
00:02:48.700 those little micro hey got a second minute so slack messages those distractions and then you
00:02:53.020 put the pebbles those could be like some errands you got to run you put that in the jar then you
00:02:57.200 put the bigger rocks these could be projects you're trying to move forward and then you got
00:03:00.940 like these boulders which are kind of like the big goals for the year the vision for your life
00:03:04.740 you try to stuff those in the jar by the time you put everything else in and you stack it up
00:03:08.500 nothing fits because all this space is taken up there's a lot of white space all around it what
00:03:13.660 he shared with me he's like you take that same jar and you start with the big rocks so you put
00:03:19.080 those big massive rocks in your vision your goals you put those in then you put the pebbles you know
00:03:23.300 the projects the meaningful things that you have to create then you can pour the sand in on top of
00:03:29.420 it and then he said let's see this glass of water this is just even more stuff and just pours the
00:03:33.340 water in it it just kind of goes into the jar when you start with the big rocks first you will get
00:03:38.020 all of it done if you start with the little things none of it will get done it's death by a thousand
00:03:42.700 paper cuts it affects your energy your emotions your ability to drive towards outcomes because
00:03:47.900 you're doing it in the wrong order so for example i've got this document called the preloaded year
00:03:52.540 and it's essentially a one-page document with each month as a line item and each day as a little
00:03:57.580 square and what i do is i use this to put all the big rocks on the calendar the vacations the
00:04:03.420 birthdays the big events the money moving activities i like schedule it into my calendar
00:04:08.940 and i look at the energy i used to make this mistake all the time where i would organize a
00:04:12.540 three-day event and then go on vacation right before it well i was not present on vacation
00:04:17.500 with my family because i knew coming back i had this massive event that probably had a lot of
00:04:21.500 loose ends i was getting pulled into while i was on vacation so this one little tweak of moving
00:04:26.140 the vacation after the event changed my whole family's experience around us going away so when
00:04:32.060 i look at my life i take all these big rocks all these boulders all these pebbles and i put them
00:04:37.580 them into the calendar. And then all the other little things, the wake surfing with friends,
00:04:42.340 then it's here, the concerts, et cetera. Those go there because then I know the big important
00:04:47.220 things are going to get done. The birthdays won't get missed. There's all these things that if you
00:04:51.700 don't make them a priority, they create emotional shrapnel. Emotional shrapnel is like reaction.
00:04:57.360 People upset at you. You got to deal with that. And you don't understand how much time that sucks
00:05:01.980 up. Going in proactively, looking at my year. And here's the coolest part about doing it this way.
00:05:07.420 is that when the year's done,
00:05:09.320 I've got this one pager document
00:05:11.480 that I can evaluate all the things I said yes to,
00:05:13.780 all the things I wanted to do and ask myself,
00:05:15.920 do I wanna do those again this year?
00:05:17.400 Do I wanna do that snowboard trip again with those guys?
00:05:19.480 Do I wanna do that mountain bike trip?
00:05:20.800 Do I wanna take that much time off with the family?
00:05:22.760 And those are real questions that you can evaluate
00:05:24.840 and pull forward into the current year.
00:05:27.420 I've been doing this process for over a decade
00:05:29.500 and every year is like a work of art.
00:05:31.500 I'm just designing, sculpting, tweaking, editing,
00:05:34.840 removing, adding stuff.
00:05:36.180 it's the most energy giving activity because it's my life and it's not by default it's by design and
00:05:42.340 right off the bat if you add more intentionality into your calendar into your time you will live
00:05:47.220 a more fulfilled life and by the way you'll get way more done the other benefit is it also makes
00:05:51.700 it easier to say no because i know what everything's going on i can just say yes or no in real
00:05:55.940 time somebody texts me like hey do you want to come keynote this event i'm like sorry already
00:05:59.460 got a commitment which brings us a time rule number three which is no white space i once was
00:06:04.260 was working with a client and he was a very successful entrepreneur. And I remember he said
00:06:07.880 to me, he goes, man, I'm like dying right now. I've got way too many meetings and I just don't
00:06:13.280 know how to get my head above water. And I said, well, just show me your calendar. And he shows me
00:06:17.420 his calendar. And did he have a lot of meetings? Yep. Was there a lot of white space all over the
00:06:22.560 place? Uh-huh. Could he take those five, 10 minute white spaces and batch a bunch of stuff together
00:06:28.980 so that he got similar meetings done in a shorter period of time? Absolutely. When I saw it, I was
00:06:33.800 like, that's a big no-no. So here's my strategy to compress your calendar. I need to recharge like
00:06:39.880 everybody else. So you schedule your breaks, you schedule your meals, you schedule your workouts.
00:06:44.760 You have to actually schedule the decompression time so that you have the energy to show up better,
00:06:50.800 more focused, on point. If you don't do that, then you're always playing catch up or you have this
00:06:55.460 thing called bleed time where you go for lunch with a friend and you just like, you're talking,
00:06:59.780 and you're having a blast,
00:07:00.780 and next thing you know,
00:07:01.360 a 60-minute lunch turns into a two-hour catch-up,
00:07:04.700 and then you're playing catch-up in the afternoon
00:07:06.820 trying to get all your work done.
00:07:08.140 So I'm a big fan of batching and blocking my time
00:07:11.820 so it creates a forcing function for me
00:07:14.160 to not allow bleed time.
00:07:15.780 I know a lot of people right now,
00:07:17.080 you're thinking, well, scheduling's gonna restrict me.
00:07:19.580 I don't like that.
00:07:20.480 I like the freedom.
00:07:21.480 I started a business because I want freedom.
00:07:23.540 I've heard freedom's the thing.
00:07:25.020 The truth is, is that scheduling will actually set you free
00:07:28.920 to be in the moment because I know that everything I need
00:07:32.340 for the next meeting and it's scheduled
00:07:34.200 and I've reviewed it is in the calendar,
00:07:36.480 I can be with the person I'm with.
00:07:38.100 I can literally sit here, no worries, no concern
00:07:40.640 and no open loops and I'm just present.
00:07:43.180 The value of that is immeasurable because people feel it
00:07:46.240 and people don't buy from you for what you know,
00:07:48.240 they buy from you for how they feel
00:07:49.900 when they spend time with you.
00:07:51.300 And for me, the ability to be here now
00:07:53.560 because my calendar is dedicated and committed to
00:07:56.240 is priceless.
00:07:57.620 Which brings us to time rule number four,
00:07:59.820 which is optimize for energy.
00:08:01.800 Everyone has different energy flows.
00:08:04.260 You know, I've learned a long time
00:08:05.120 with some people have morning energy.
00:08:07.500 Some people, they prefer to stay up late.
00:08:09.480 It actually doesn't matter which type of person you are.
00:08:12.360 I think when you have what I call human alarm clocks,
00:08:14.840 your life might change.
00:08:16.040 And all of a sudden those late nights
00:08:17.560 to two, three in the morning
00:08:18.580 and those sleep-ins till eight or 9 a.m.
00:08:20.520 kind of go away
00:08:21.280 because you have these little people that wake up
00:08:23.160 and they're gonna come get you.
00:08:24.160 But when you understand how your mind works
00:08:26.860 and what parts of the day you get certain types of work done
00:08:30.000 and you optimize for that,
00:08:31.660 that's where the productivity comes from.
00:08:33.380 There's no person, no high-level person
00:08:35.420 that you've ever met that doesn't understand this
00:08:37.880 and use it at the fullest degree possible.
00:08:40.360 So a few things that I believe in,
00:08:41.900 you don't manage your time, you manage your energy.
00:08:44.700 A lot of people think about time as this constant,
00:08:47.240 but the truth is, is like art class for me
00:08:49.160 felt like time was in warp speed.
00:08:51.000 Math class for me felt like time stood still.
00:08:53.380 So if you even think about the energy
00:08:55.100 of the type of work you do,
00:08:56.440 Time doesn't feel the same
00:08:58.940 because the type of work you do in that time matters.
00:09:02.400 So if you know that some of the most critical creative work
00:09:04.860 is best done in the morning,
00:09:06.300 when your mind is fresh and your ideas are ready to go,
00:09:08.700 then you have to bring those creative ideas to the morning.
00:09:11.340 If you know that your favorite time to have collaboration
00:09:13.860 and conversation with other people is in the afternoon,
00:09:16.360 then schedule those meetings in the afternoon.
00:09:18.660 But the problem is, is most people,
00:09:20.280 they just put it all wherever it goes.
00:09:22.280 You know, the morning has 30 minutes of creative work
00:09:24.420 and then 30 minutes of a meeting
00:09:25.620 and then 30 minutes of a sales call
00:09:27.060 and 30 minutes of a conversation with my team
00:09:28.920 and it's just all wacky on the energy side.
00:09:31.840 So for me, I'm always looking at the energy
00:09:34.100 throughout the day, the type of work I'm doing,
00:09:36.320 how it makes me feel and I'll even go as far as saying,
00:09:39.200 okay, this type of work feels best after I work out.
00:09:42.360 Let's batch that after I work out.
00:09:44.380 This type of work feels best, you know,
00:09:46.240 right before the end of the day
00:09:47.720 when everybody's kind of done
00:09:48.880 and we're doing just creative brainstorming
00:09:50.700 so they're not trying to worry about work.
00:09:52.320 Planning, best to do it on a Friday for the Monday
00:09:54.940 versus Monday morning because Monday morning people are ready to get the work done. They're
00:09:58.440 not thinking strategically and wanting to plan. That level of awareness on your energy will change
00:10:03.920 the game for you to be way more productive. Which brings us to time rule number five, which is
00:10:08.300 batch work. One of my favorite exercises to show clients when I'm working with them around
00:10:12.700 productivity is the idea of counting to one to 26 and also saying out the alphabet. So if I ask you
00:10:18.820 to count one to 26 and you do that and then I say, okay, now say out loud ABC all the way to Z and
00:10:24.820 you do that and I measured you to do those two things as fast as possible in order. Most people
00:10:30.080 could get them done in about 45 seconds to a minute. As soon as I ask you to go 1A, 2B, 3C
00:10:39.020 and onward, all of a sudden the time takes two to three times more time. Most people are context
00:10:45.080 switching all day long versus what I teach people is to dump all of the activities, all the projects,
00:10:50.840 Just dump it down on a piece of paper
00:10:52.460 and a note file on your phone
00:10:53.920 and then group similar activities together.
00:10:57.340 Then we sequence them by blocking them into your calendar.
00:11:01.180 So the best way to do this
00:11:02.500 that most people are never taught
00:11:04.020 is to dump, chunk, and sequence.
00:11:06.900 So what we do in step one
00:11:07.820 is we dump everything on our minds.
00:11:09.520 When you're feeling overwhelmed,
00:11:10.880 there's a lot of loose ends,
00:11:11.920 just get it out of your brain onto pieces of paper.
00:11:14.520 Your brain is not meant to be a storage place
00:11:16.820 for information.
00:11:17.520 Then what I wanna do is I wanna chunk
00:11:18.840 those similar activities together so that I can look at.
00:11:22.220 If it's phone calls, I'll put those together.
00:11:24.060 If it's meetings I'm gonna have with other people,
00:11:25.720 I put those together.
00:11:26.620 If it's creating content, I put that together.
00:11:28.700 If it's saying no to things,
00:11:30.180 I'll put all those phone calls together.
00:11:32.200 What I'm doing is I'm grouping them to similar type energy
00:11:34.820 and putting them together.
00:11:36.040 Now, this is where sequence comes into play,
00:11:38.320 where I take all those activities
00:11:39.980 and I block them into my calendar in a sequence
00:11:43.020 that respects my energy
00:11:44.380 and has the highest probability of being absolutely awesome.
00:11:47.800 If I'm shooting content, you're better off shooting three videos, not one today, one tomorrow,
00:11:52.680 the one the day after. If you're already in the zone for creating content, you've already ramped
00:11:56.820 up, shoot the content. Same thing for like project management. Same thing for like creative work.
00:12:01.760 Look for things that are similar headspace and energy. Example would be writing, drawing,
00:12:06.640 content creation, planning, being creative, strategic work, vision work. Put those pieces
00:12:12.600 of work together so you can be in the energy and bring it to completion. Which brings us to time
00:12:17.320 rule number six, which is net time. Easily one of my favorite things. I'm like a nerd when it comes
00:12:22.560 to net time. Net time stands for no extra time. So what you do is once you've got all the stuff
00:12:28.460 laid out and your energies match into your calendar, you want to start asking yourself,
00:12:31.960 is there opportunities for me to merge these things together? For example, a lot of my phone
00:12:36.700 calls, I make them when I'm in commute in transit because I'm in the car and I can do them. So my
00:12:41.860 team has this little notes file called at calls, a little Google doc puts all the calls in there,
00:12:46.540 adds it to my calendar with a link before I start driving I open it up it's got the numbers in there
00:12:51.060 and I just with the details of why I've got a call and I just click them and I call the person
00:12:54.860 and the cool part is because I'm driving they know that I don't got 30 minutes to just catch up so
00:12:58.640 it's like almost like a trick to just do it now let the person know you're busy we just got this
00:13:03.420 really quick conversation to have and then we move on so that way I'm not taking up extra time when
00:13:07.920 I'm at my desk being creative or meetings with other people I'm doing it when I'm doing something
00:13:12.080 else other fun ways I do this to give you some inspiration a lot of my in-person meetings my
00:13:16.520 one-on-ones i do them on scooters i know it's kind of weird electric scooters i just love it
00:13:21.320 we have this great path we get on the scooters i have a list in my mind of things i need to talk
00:13:25.160 to them about we scoot around for 30 minutes we come back it's fun it's disarming and it
00:13:29.400 just makes everything better i mean i don't feel like i'm working when i'm on an electric scooter
00:13:33.880 i also use founder's hikes so i have a founder's hike i do every tuesday the whole world is invited
00:13:38.680 we meet at knox mountain park in colonna bc at 6 25 a.m in the parking lot and that way when
00:13:44.200 people message me and they're like hey dan i'd love to take you out for coffee and pick your
00:13:47.480 brain or hey dan i'd love to meet up and tell you about my idea or hey dan i'd love to get your
00:13:51.080 advice on this thing and a lot of these people are folks i do not know i've never met but they
00:13:54.840 follow me on social media i just say sure meet me at the founder site and it does a lot of cool
00:13:59.000 things it allows me to still get my workout in my cardio have great conversations with people i
00:14:03.480 otherwise wouldn't have the chance to meet and it doesn't take time away from my team or my family
00:14:08.280 another one is hot tub reading i love going in the hot tub almost daily because i feel like i'm on
00:14:12.600 vacation if i've spent time in the hot tub it turns out that reading in the hot tub is a lot
00:14:17.480 of fun so i have a waterproof kindle now they used to not be waterproof and i'd probably go
00:14:21.800 through one or two a year because i'd accidentally knock it into the water where i do most of my
00:14:25.960 reading i also like for some reason texting people podcasts i'm doing travel stuff requests i just
00:14:32.440 like to do it in the hot tub i don't know if it's because i just feel really good about life and that
00:14:36.760 energy is felt over my text messages but i know that about me so i do it ig lives while hiking
00:14:41.880 or on the treadmill i love to go live for my audience but i don't want to take away from my
00:14:46.440 family or my team so when i got to go hike with my dog blaze and go kick the ball down the hill
00:14:50.440 for him to run back or i'm on the treadmill downstairs doing zone two cardio i just go live
00:14:55.080 i pretty much have a phone mount in all the different places i spend time so i'll just put
00:14:59.000 the phone on the mount hit go live and just answer questions so i'm getting my sweat on and i'm being
00:15:04.360 helpful to other people i even do this with my iron man training because when you're doing you
00:15:07.960 you know, 15 to 25 hours of training a week,
00:15:10.860 it starts to eat things up.
00:15:12.200 So I would schedule all my internal meetings with my team
00:15:15.220 to be done while I was on the bike on Zoom.
00:15:17.480 I even got this cool little table
00:15:19.080 that would roll right over the bike for my indoor training.
00:15:21.520 And I would go for three, four hour bike rides
00:15:23.740 while I was doing my internal meetings with my team.
00:15:25.960 Now, is that optimal?
00:15:27.240 It actually made my brain better.
00:15:28.680 It might not have been fun to watch me,
00:15:30.340 you know, huffing and puffing,
00:15:31.280 especially if I was trying to attack a hill,
00:15:33.080 but it didn't take away from other areas of my life,
00:15:35.880 which is always key.
00:15:36.880 which brings us to time rule number seven,
00:15:39.100 which is to negotiate the needs.
00:15:41.220 I've got these three things.
00:15:42.240 Anytime I'm making a decision, I always go to.
00:15:44.260 First one is business fundamentals,
00:15:46.440 whatever I gotta do to be successful.
00:15:47.760 My success habits for me,
00:15:49.580 so that I can be the best version of me.
00:15:51.160 And the third is commitments I make to other people.
00:15:53.940 And sometimes I get myself in trouble
00:15:55.880 where I say yes to a lot of people, get overwhelmed,
00:15:58.780 and don't realize it's gonna impact the calendar
00:16:00.900 of people I love in my life.
00:16:02.460 Business partners, family members.
00:16:04.080 Many times it's my wife or my kids.
00:16:05.820 So I've just learned over the years,
00:16:07.460 before I make any big decisions about starting a company,
00:16:10.440 buying a company, or things that are gonna impact my life,
00:16:12.720 I always go through this filter.
00:16:14.120 So for example, when I was deciding to start Martell Media,
00:16:17.500 which is to create the volume of content we do here,
00:16:20.180 we're putting out hundreds of pieces of content every month,
00:16:22.840 I realized it was gonna require
00:16:24.360 a completely different calendar
00:16:26.280 for me to be able to do that.
00:16:27.680 Meaning that like 80% of my calendar
00:16:29.900 would have to be changed
00:16:31.240 so that I had the space to be able to do this.
00:16:33.220 So I remember I was hiking one day
00:16:34.900 And I started making phone calls.
00:16:36.540 I called obviously my wife to let her know 1.00
00:16:38.440 what I was making commitment to.
00:16:39.720 And she gave me her concerns and I took those.
00:16:41.840 I called my business partners at SaaS Academy
00:16:44.080 and I said, here's what I'm thinking to do.
00:16:45.800 They were crazy supportive.
00:16:47.040 I was worried.
00:16:47.720 They said, why are you not doing this now?
00:16:49.700 I called my other business partners
00:16:51.020 where I buy software companies and said,
00:16:53.340 here's what I'm thinking of doing.
00:16:54.380 It's gonna affect these things.
00:16:55.640 And they said, I think we can manage.
00:16:57.180 I called other people that I'd made commitments to,
00:17:00.000 advisory roles, business partners,
00:17:02.020 and just pretty much told them, I used to do this.
00:17:04.360 I can't do this anymore.
00:17:05.640 If that's gonna impact us, let me know.
00:17:07.740 And I just took all that feedback,
00:17:09.340 most of it positive, all the issues,
00:17:11.680 and I just resolved it.
00:17:12.760 And because I did that,
00:17:13.920 it allowed me not to have to deal
00:17:15.740 with the emotional strain of feeling guilty
00:17:18.240 for letting people down.
00:17:19.920 And I think oftentimes in life,
00:17:21.420 we just don't negotiate our needs.
00:17:23.320 We're not clear about what we want out of life.
00:17:25.960 One of my favorite things to tell people
00:17:27.820 is to express your preferences.
00:17:30.140 If you want to do more,
00:17:31.680 but it's gonna require you to say no to other people,
00:17:33.880 express that talk to them sit down review your goals have them explain to you how they think
00:17:40.360 it's going to impact them so that you can actually offer a different solution or help them overcome
00:17:45.360 that fear some of it is not even a reality yet it's just a concern look at your calendar and
00:17:50.920 ask yourself whatever your goals are does your calendar match your dreams match your desires
00:17:57.080 are they aligned see most people tell me what's important to them family their business the
00:18:01.880 community work they do.
00:18:02.820 And I just say, show me your calendar
00:18:04.060 and show me your bank account.
00:18:05.600 And unfortunately, most of the time,
00:18:07.360 the things they said are priorities to them
00:18:09.320 are not in their calendar
00:18:10.300 or their bank account doesn't reflect those investments.
00:18:13.080 So be quick to negotiate with people,
00:18:15.340 reset expectations and manage the needs
00:18:18.080 that they have to deliver on your goals.
00:18:20.320 Which brings us to time rule number eight,
00:18:22.320 which is to look for leverage.
00:18:24.160 The name of the game of being productive is leverage
00:18:27.320 because you can only do so much in an hour.
00:18:30.020 So this is the equation.
00:18:31.020 The output that you're able to create is your time multiplied by leverage equals the size of
00:18:38.020 your output. You have the same amount of hours as Elon Musk or Jeff Bezos or Richard Branson
00:18:42.880 or Mark Zuckerberg, except they have a lot more output per unit of time. Why? They have leverage,
00:18:49.260 they have teams, they have capital, they have relationships, they have experience, goodwill.
00:18:53.920 I remember when I moved to San Francisco after selling my first company, I met this guy named
00:18:57.680 Naval Ravikant, and he introduced me to this framework that I now call the four C's of leverage.
00:19:02.500 The first one is content. If you think of creating a standard operating procedure or a training video,
00:19:09.000 you create that content once, and it can be seen by a bazillion people, and it takes no more of
00:19:14.300 your time. Huge amount of leverage. Think about this video. I'd shoot it once to teach people
00:19:18.500 stuff, and everybody could watch it in the world, and it wouldn't take any more of my time than the 0.58
00:19:22.360 initial shooting. The second C is code. Code stands for like automation, tooling, software. There's a
00:19:29.020 lot of small businesses, a lot of individuals that don't have the tools for productivity. They don't
00:19:33.260 have a way to capture information. They don't use tools like a Notion or an Asana for project
00:19:37.660 management. They don't have a CRM system for their business so they can track their customers and
00:19:42.640 what they've bought and what they've said to them. Some people are still sending around faxes instead
00:19:47.000 of using slack for communication think about code is opportunities to automate or build tools to
00:19:53.640 manage workflows for moving information and projects forward the third c is capital right
00:20:00.440 as much as i think it takes resourcefulness to be successful not money certain things like inventory
00:20:06.600 requires dollar bills to pay somebody to give you that inventory to turn it into a finished good
00:20:11.640 that you can sell to a customer or for you to invest in you know a computer so that you can be
00:20:16.920 more productive or the latest iphone or the camera that you're going to need to create content so
00:20:21.560 there is capital and you want to make sure that you're always asking yourself like how do i get
00:20:25.160 more efficient with the use of capital because then i get more leverage the fourth c is collaboration
00:20:30.280 and that really comes down to people and this is where most of you guys probably have experienced
00:20:34.040 this right if i want to get more done i need somebody to help me how do i enroll that person
00:20:39.080 into helping me without it taking more of my time because i want it done right you know you hear this
00:20:43.240 all the time. I should do it myself. That's a failed strategy. To the degree that you can master
00:20:47.980 these four C's, content, code, capital, and collaboration, anything you envision could come
00:20:54.180 true. That's how we increase our leverage and our productivity and our output. If you don't
00:20:58.760 understand this, then you're just going to be working really hard, long hours, and you're not
00:21:03.560 going to get a lot done. You need a better way to create output using the four master skills of
00:21:08.320 leverage. That's how I schedule my day as a multi-million dollar CEO. But if you want to
00:21:11.880 watch this play out in real time. Click the link and I'll see you on the other side.