Dan Martell - September 18, 2024


Selling the business will not break your complexity ceiling


Episode Stats


Length

52 seconds

Words per minute

271.05667

Word count

236

Sentence count

13


Summary

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

I get a call every week from friends of mine that are like, "I love what I'm doing, but it's getting crazy. I think I'm going to sell the business." And I say, "Well, if the issues you were having weren't issues, would you want to sell?" And they go, "No, here's what I just discovered. Here's what my complexity ceiling is." And selling to go start something new means you're going to get to the same place you're at right now and just experience your complexity ceiling.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 I get this call every week, friends of mine that are like,
00:00:01.980 you know, Dan, I love what I'm doing, but it's getting crazy.
00:00:04.220 I think I'm going to sell the business.
00:00:05.560 And I say, well, if the issues you were having weren't issues,
00:00:07.820 would you want to sell?
00:00:08.480 And they go, no.
00:00:08.920 And I say, well, here's what you just discovered.
00:00:10.360 I call it your complexity ceiling.
00:00:11.780 My buddy Chad comes out with us in the winter
00:00:13.540 and we go out in the mountains and he owns a shop
00:00:15.240 and we text him at like six in the morning.
00:00:16.720 He replies, don't text me at six in the morning, I'm sleeping.
00:00:19.560 You know, you can put your phone in do not disturb.
00:00:21.780 Well, that must be nice for you.
00:00:23.100 I have to have the alarm notify me
00:00:24.900 if somebody gets into my shop.
00:00:26.280 Chad, do you think the CEO of the other retail stores
00:00:29.280 on your street have their phone tied to their alarm system or do you think maybe it goes to
00:00:34.560 the authorities? That for Chad was his complexity ceiling. See whether you do it in this business or
00:00:40.860 the next business you will figure out what your complexity ceiling is and decide to stop. And
00:00:46.160 selling to go start something new means you're just going to get to the same place you're at
00:00:49.380 right now and just experience your complexity ceiling.