Dan Martell - November 13, 2024


Stop Wasting Your Life - 7 Things I Quit to Go From Broke to Millionaire


Episode Stats


Length

12 minutes

Words per minute

232.37323

Word count

2,864

Sentence count

154

Harmful content

Toxicity

4

sentences flagged

Hate speech

2

sentences flagged


Summary

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

7 things I quit to go from being broke to a multi-millionaire. 1. Don t spend time with people who suck your energy. 2. Don't ask for advice from people who haven t done what you wanna do. 3. Spend time with those who want more for you, not more from you. 4. Cut out the people who make it hard for you to win.

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.420 Stop wasting your time.
00:00:02.160 I'm gonna share with you the seven things that I quit
00:00:04.220 to go from broke to multi-millionaire.
00:00:06.260 When kids come up to me in my supercars,
00:00:07.940 they always ask, what do you do?
00:00:09.620 But I always share with them, it's not what I do,
00:00:11.640 it's what I don't do.
00:00:12.940 Starting with, number one, 0.99
00:00:14.620 don't spend time with people who suck your energy. 0.99
00:00:17.260 I call them energy vampires. 0.98
00:00:19.080 So I grew up with this friend
00:00:20.200 that I've known since elementary school,
00:00:21.920 and I realized that he'd only ever call me
00:00:24.240 when he needed something from me.
00:00:25.660 Never called me when I had something to share
00:00:27.920 that was good, he never called me
00:00:29.020 when he heard that I was having a hard time.
00:00:30.340 He never called me for any other reason
00:00:32.200 than he needed somebody to help him move something
00:00:34.360 or maybe borrow some money or he was bored.
00:00:36.500 And I realized that is not the kind of friend
00:00:38.680 I want in my life.
00:00:39.620 So I just decided to stop responding to his calls
00:00:41.940 to create some space, to not respond so quickly.
00:00:44.500 I asked myself one day,
00:00:45.680 what does a great friend look like?
00:00:48.060 And it occurred to me,
00:00:49.060 there was no part of the characteristics
00:00:50.920 of what a great friend would act like.
00:00:52.760 He was acting.
00:00:53.760 And yet I just believe
00:00:54.660 because I sat next to him in math class
00:00:56.320 that I had to be friends with him for the rest of my life.
00:00:58.200 That's crazy.
00:00:59.340 Spend time with people who want more for you,
00:01:01.980 not more from you.
00:01:03.420 There's a lot of people out there
00:01:04.520 and if they're not a good friend when you're winning
00:01:06.640 and an ear when you're not doing well,
00:01:08.640 you don't want those people in your life.
00:01:10.180 And that's why I call it a friendventory.
00:01:11.600 You wanna audit the people around you and cut them out
00:01:14.720 if they're not supporting your dreams.
00:01:16.460 If they make it hard for you to win,
00:01:18.200 why would you want those people in your life?
00:01:20.200 And the cool part is if you say no to somebody,
00:01:22.380 you eventually say yes to a new friend.
00:01:24.060 You create the space for somebody new to come into your life
00:01:27.160 that can support you and propel you forward.
00:01:29.020 The way I think about it is today's energy shapes tomorrow's reality.
00:01:33.020 So I have to protect my energy.
00:01:35.140 If you want your life to get better, you have to change your energy.
00:01:38.240 You have to show up with more positivity and opportunity and positive expectation.
00:01:43.240 That's how you change your life.
00:01:44.740 And the truth is, is your environment is everything.
00:01:47.540 Think about it.
00:01:48.000 You could have the most positive attitude and wish that everything is hot.
00:01:51.860 But if I put you in a commercial freezer, you're going to freeze to death.
00:01:55.180 Your environment sets your internal thermostat,
00:01:58.020 not your positive attitude.
00:01:59.780 So make sure that you really audit the people around you.
00:02:02.240 If you wanna stop wasting your life,
00:02:03.720 the first thing you need to do
00:02:04.940 is cut out everyone's sucking your energy. 0.83
00:02:07.260 Which brings us to number two,
00:02:08.800 which is don't ask for advice
00:02:10.360 from people who haven't done what you wanna do.
00:02:12.980 I have these people that come up to me at the gym.
00:02:14.880 They see me working out
00:02:15.640 and they start to try to give me advice on how to work out.
00:02:18.320 And I look at them and I'm not being rude.
00:02:20.540 It's just, if I do the pushup the way you're telling me,
00:02:22.980 will I look like you?
00:02:24.020 because you don't look like my trainer.
00:02:26.300 My coach, Alan, looks like Superman.
00:02:28.580 That guy, I listen to all day long.
00:02:30.760 Somebody else, I don't.
00:02:32.040 Not because I'm trying to be rude,
00:02:33.460 but because what if I listen to them
00:02:35.580 and they don't mean to be harmful
00:02:36.880 and then they cause me to get off track?
00:02:38.940 So here's some of my life principles.
00:02:40.580 I don't take fitness advice from a fat life coach.
00:02:42.840 I don't take business advice from a business coach
00:02:45.400 who has no business.
00:02:46.240 I don't take parenting advice from Elon Musk.
00:02:48.380 The guy's been married three times.
00:02:50.380 He has 12 kids.
00:02:51.420 He's a world-class engineer.
00:02:52.760 If I was building a rocket or any company,
00:02:55.420 he's the guy I want to talk to.
00:02:56.680 How to be in a marriage
00:02:57.720 and how to have great relationship with their kids?
00:02:59.840 No, you got to choose.
00:03:01.360 So this is where everybody makes the mistake
00:03:03.080 because they don't know anybody else.
00:03:04.660 So when they have big life decisions,
00:03:05.960 they usually turn to their parents.
00:03:07.660 The challenge with that is the strategy is flawed
00:03:09.980 because if your parents haven't achieved the thing you want,
00:03:12.520 then they're going to give you the advice
00:03:13.860 that got them what they've got.
00:03:15.460 And if it isn't where you want to end up,
00:03:17.040 then you're just going to follow what they tell you to do
00:03:19.080 to get to exactly where they're at.
00:03:20.540 If you want to be an Olympic athlete,
00:03:21.960 go get advice from somebody who's been to the olympics not the person that's a weekend warrior
00:03:25.640 surround yourself with people who have what you want and don't be afraid to ask them questions
00:03:30.440 success leaves clues if you know how to ask to figure out what the clues are same thing
00:03:35.080 goes for your friends your co-workers your boss if the person hasn't done the thing that you want
00:03:40.200 to do if you don't admire the area of the life that you want results in don't internalize their
00:03:45.640 advice which brings us to point three which is don't blame anyone or anything for your situation
00:03:51.400 When I was younger, I used to blame everyone for anything, any situation that happened in my life.
00:03:56.640 It was somebody else's fault.
00:03:57.880 I was late for work.
00:03:58.820 Somebody cut me off in traffic, didn't get the deal.
00:04:01.280 It's because somebody didn't like me on the call.
00:04:03.360 Nobody else was responsible for my situation.
00:04:06.340 I was the person that became me.
00:04:08.800 I was the one that had the call.
00:04:09.800 I was the one that was driving my car.
00:04:11.060 I was the one that couldn't prepare early enough to show up on time.
00:04:14.440 So what I realized is that when I blamed other people, I lost the ability to control my situation.
00:04:19.620 I can't control other people.
00:04:20.680 I can control me, and if everything is my fault,
00:04:23.820 I have control over that.
00:04:25.020 Blaming other people is another way 0.99
00:04:26.400 of just giving away your power.
00:04:27.860 When you take responsibility, you take control.
00:04:30.560 Imagine cooking a meal, and it doesn't turn out as planned.
00:04:33.700 Blaming the ingredients won't help.
00:04:35.740 Instead, take responsibility as a chef.
00:04:37.800 You cook the meal.
00:04:38.900 You can't control what happens to you,
00:04:40.560 but you can control how you respond.
00:04:42.360 The ability to control your emotions, your feelings,
00:04:45.000 it's the number one predictor of success in life.
00:04:47.320 If any person can easily get you on tilt,
00:04:50.680 get you to react, then they control you and you're not going to be able to manipulate the
00:04:55.940 situation the way you need to get the results you want if other people can get you upset really
00:04:59.900 easily. One of my favorite quotes that I heard is we're not creatures of circumstance. We're
00:05:04.440 creators of circumstance. We control the ability to shape our reality. The world isn't as it is.
00:05:10.840 The world is as we are because if our internal feelings are set right, then everything external
00:05:15.760 can either feel great or feel really hard.
00:05:18.480 If you wanna stop wasting your life,
00:05:20.180 taking ownership of everything in your life
00:05:22.740 will give you power to change it.
00:05:24.480 Which brings us to number four,
00:05:25.840 which is don't say yes to every opportunity
00:05:28.340 that comes your way.
00:05:29.360 When I started, I used to say yes to everything.
00:05:31.720 I was so worried if I didn't,
00:05:33.020 I would miss out on big opportunities
00:05:34.920 because I didn't have a whole lot going in my life.
00:05:36.920 But then what happened is I said yes to so many things
00:05:39.260 that I couldn't actually get anything done.
00:05:41.020 So everything I was committed to got done poorly
00:05:43.900 and then people started getting mad at me.
00:05:45.760 And I realized that saying yes is easy.
00:05:48.140 Saying no is hard.
00:05:49.660 A person that never says no, I can't trust their yes
00:05:52.220 because eventually they're gonna let me down.
00:05:53.840 You don't wanna be that person.
00:05:55.160 I have a buddy.
00:05:55.920 He always says yes to me.
00:05:57.380 And because he's always saying yes,
00:05:58.560 I can't trust his yes
00:05:59.620 because I'm assuming he's saying yes to everybody else
00:06:01.480 and eventually something's gonna fall through the cracks.
00:06:03.260 He can't possibly do it all.
00:06:05.220 Steve Jobs always said,
00:06:06.380 sometimes the most productive thing you can do
00:06:08.340 is to say no.
00:06:09.340 Think of your responsibilities like items in a backpack.
00:06:11.880 If you keep adding more items without removing anything,
00:06:14.960 it becomes too heavy to carry. You only want to say yes to things that align with your goal and
00:06:19.620 your vision. Saying no to a very cool opportunity today is saying yes to your dreams and your goal.
00:06:25.560 If you want to win the biggest way possible and you haven't had success yet, pick one thing and
00:06:30.180 decide to do it for a decade. I call it a dedicate. Decide to go 10 years all in. Put your heads down
00:06:36.740 saying no to everything else. Be maniacal. Be focused. Decide to be the tip of the spear to 0.97
00:06:42.160 become the best in the world at that thing and trust in the process. If you want to stop wasting
00:06:47.700 your life, saying no will make sure you don't spread yourself too thin. Which brings us to
00:06:51.920 number five, which is don't be a prisoner to your device. I do a youth program called King's Club
00:06:57.040 and I'm always talking to young men. And recently I was talking to one of them about their number
00:07:00.920 one vice. I was like, what's your thing? What's stopping you? What's making life hard? He looks
00:07:05.060 at me, holds out his phone, he shakes it. He said, my phone. Every time I know I got to get something
00:07:09.240 done, I go on my phone and I start scrolling. Two, three, four hours later, I put off all the
00:07:14.340 stuff I know I need to do and I don't get it done. And it occurred to me the reason why is because
00:07:18.900 he doesn't have a plan for his life. He doesn't know what the scrolling is robbing from him
00:07:23.620 because he hasn't built a real plan for a vision for his life. Think of your attention, your focus
00:07:28.640 like a car on the road. If you get stuck in traffic of notifications and apps and doom scrolling on
00:07:34.180 social media, you'll find yourself going nowhere instead of cruising towards your goals. Go turn
00:07:39.220 off all your notifications like right now your attention is way too valuable think about it your
00:07:44.000 focus your energy your productivity it's worth way more than a red jewel notification some person
00:07:49.180 snapchat to you the truth is if you're addicted to your phone your life's just not that interesting
00:07:53.600 go make it interesting go create big plans go have a vision for your life that pulls you forward
00:07:59.000 that scrolling on social media isn't even an option because you're too excited to go create
00:08:03.900 the thing that you see yourself doing in five years just have more fun things scheduled in
00:08:08.260 your calendar and if you're really having a hard time schedule them with other people if you are
00:08:12.360 committed to go to the gym with your buddy i guarantee you're not going to miss going to the
00:08:15.520 gym if it's just you you'll probably skip out just because you want to scroll on social media
00:08:19.340 turning off all notification is the simplest and most effective way to stop wasting your life
00:08:24.100 which brings us to number six which is don't read books study them when i started reading i was so
00:08:30.440 hungry to read books and to get them off my to-do list because people are giving me you got to read
00:08:34.420 this you got to read this you got to read this that i would just speed read these books i didn't
00:08:38.760 write anything down i didn't highlight anything i didn't make comments or anything i was just
00:08:42.460 reading to have read and then it occurred to me that the real value from a book is not the
00:08:47.140 information it's the application it's actually executing the things that you're learning so i
00:08:52.180 started to develop this muscle the jfdi muscle just effing do it which is as soon as i read
00:08:57.400 something actionable in the book i took action even better than that was start to teach other
00:09:02.860 people around me what i was learning why in reading knowing i'm gonna teach i read completely
00:09:08.380 different oftentimes we already know what we should have done we've read that book but did
00:09:12.380 you do the things in the book so my recommendation is figure out where you're stuck in life and only
00:09:18.380 read books that can help you unlock the next skill you have to acquire the belief around the world or
00:09:23.420 implement a habit in your life that'll get you incredible results i call it just in time not just
00:09:28.460 in case. You can recommend a book to me. I'll buy it. It'll probably sit there until I have the need
00:09:33.180 and I go, oh yeah, somebody recommended a book on that topic and then I'll go study it. Same goes
00:09:37.860 for all my information. My YouTube videos, my podcast, resources, courses I buy. I queue them
00:09:42.840 up and I study them when I have the problem, not just because I bought it. Most people read or
00:09:48.280 consume courses or hire a coach just so they can feel good about themselves because the easiest
00:09:52.580 decision to spend money. I call it shelf help. You're just consuming knowledge to put on a shelf
00:09:57.440 to have a badge that you can tell people,
00:09:59.240 I read that book, but are you doing what's in the book?
00:10:02.140 If the answer's no, stop, study, execute.
00:10:05.580 So if you wanna stop wasting your life,
00:10:07.040 take action on the things you learn instantly.
00:10:09.440 Which brings us to number seven,
00:10:10.840 which is don't compare yourself to anyone but yourself.
00:10:14.340 I used to compare myself to people my age,
00:10:17.100 people in my city,
00:10:17.940 people that were more successful than me.
00:10:19.660 And honestly, all it did is made me depressed.
00:10:21.640 I was worried, I was behind, I wasn't moving fast enough,
00:10:24.640 I didn't think big enough.
00:10:25.640 I wasn't that impressive.
00:10:27.180 Nobody should take the time to talk to me.
00:10:29.240 And then it occurred to me one day
00:10:30.580 that the only person that I'm actually competing against
00:10:33.680 is me from yesterday, me from last year.
00:10:36.620 Because over time, I'm not anybody else.
00:10:38.980 I don't have their brain, I don't have their body,
00:10:40.940 I don't have their relationships,
00:10:42.040 I don't have their environment, their situation,
00:10:44.040 but guess what, they don't have mine.
00:10:45.340 And the only thing I can do is take who I am
00:10:47.860 and ask myself honestly, am I getting better?
00:10:51.080 Am I focused on the things that I can control?
00:10:53.640 And if I can get 1% better every day, that compounds like mad over a year, over a decade,
00:11:00.820 change your life.
00:11:02.240 And comparing yourself to somebody else will just steal your confidence.
00:11:06.420 Think of your experience as a Spotify playlist.
00:11:08.660 Comparing to someone else ignores the value of your own unique taste, who you are, what
00:11:13.540 you love.
00:11:14.320 Focus on curating your own playlist that resonates with you.
00:11:17.540 I always say to people, why would you compare your chapter three to somebody else's chapter
00:11:21.960 27?
00:11:22.840 I've been in business for 27 years.
00:11:25.380 If you're just starting off six months, a year,
00:11:27.500 three years in, why would you compare yourself to me?
00:11:29.880 If anything, know that I've been doing this for 27 years
00:11:32.500 and when you're at 27 years
00:11:33.800 because you're watching this or you're listening to this,
00:11:35.680 I expect you to be way further along
00:11:37.540 because you have access to people
00:11:38.980 that I didn't have access to
00:11:40.300 and the biggest thing you can do is just be yourself.
00:11:42.680 It's the most unique thing that you have.
00:11:45.120 Everything that you're insecure about
00:11:46.440 is what makes you, you.
00:11:48.060 You may not like the sound of your voice,
00:11:49.920 the way your nose is shaped,
00:11:51.100 the way your ears are shaped.
00:11:52.160 You might think that you're not very smart,
00:11:53.860 but I'm telling you, if you lean into it,
00:11:55.920 that's what makes you you.
00:11:57.680 It's what makes you memorable.
00:11:59.420 Trying to pretend that's not who you are
00:12:01.020 or trying to compare yourself to somebody else
00:12:02.480 or be somebody else is just gonna steal all the potential
00:12:05.520 of you standing out in this world.
00:12:07.260 And we live in a world where you wanna be unique,
00:12:09.680 you wanna be authentic, so take advantage of it.
00:12:12.020 Those are seven things I quit to not waste my life.
00:12:14.620 But if you wanna learn the 40 brutal truths
00:12:16.600 I wish I knew in my 20s, click the link
00:12:18.500 and I'll see you on the other side.