Dan Martell - November 15, 2024


Millionaires build systems, billionaires build people


Episode Stats


Length

31 seconds

Words per minute

191.84953

Word count

102

Sentence count

6


Summary

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

The best CEOs spend half their time on talent, identifying talent, developing talent, and talent retention. The problem is, is people forget to transition into building the business that builds the people. That's the machine that runs the machine.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 The best CEOs spend half their time on talent,
00:00:03.400 identifying talent, developing talent, talent retention,
00:00:06.360 because those people are gonna build
00:00:07.960 the systems and processes.
00:00:09.300 Think about the leverage you get
00:00:10.500 when you have the right person in the right seat on the bus.
00:00:12.920 The difference between billionaires and millionaires
00:00:15.020 is billionaires focus on building people
00:00:17.200 and millionaires focus on building processes and systems.
00:00:20.300 The problem is, is people forget to transition
00:00:22.240 into building the business that builds the people.
00:00:25.320 That's the machine that runs the machine.
00:00:27.480 Billionaires focus on the product being the business
00:00:29.900 the organization, not what they're selling.