Dan Martell - February 14, 2022


The #1 Skill You Need to Succeed in Business


Episode Stats


Length

14 minutes

Words per minute

197.80452

Word count

2,805

Sentence count

142

Harmful content

Misogyny

2

sentences flagged


Summary

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

In this episode, I talk about the story of how I met my wife, Renee, and how she helped me grow my company into a multi-million dollar company. I also talk about how I was able to connect with Michael McDermott, the founder and CEO of FreshBooks, to help him build his company from the ground up.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
00:00:00.000 A lot of people, they stop themselves from creating value
00:00:03.660 or offering value to other people
00:00:05.060 because they think that it's like,
00:00:06.500 I don't know anything, I'm not good at anything.
00:00:21.180 So today I wanna talk about a mindset belief that I have,
00:00:26.940 which is hustle to help.
00:00:28.960 I think when I look back at all of the incredible things
00:00:33.060 from, you know, raising venture capital from Mark Cuban
00:00:37.040 to spending a week with Richard Branson
00:00:39.040 to growing my social media followers over a million people
00:00:42.480 to, you know, being involved in 40 plus companies,
00:00:47.420 four of them being billion dollar companies,
00:00:49.040 all of those incredible, you know,
00:00:51.900 even the fact that I know probably north of 50 different
00:00:55.820 New York Times bestselling authors,
00:00:57.680 I still remember when I read my first book ever.
00:01:00.720 All of those things was on the back of relationships and conversations.
00:01:06.460 And one of them that transformed my life was how I met my wife Renee.
00:01:14.000 And I get asked this all the time.
00:01:15.220 People want to know, like, how did you meet your wife?
00:01:16.840 How did you guys meet?
00:01:18.300 And I'll tell you the story because it fits right into this.
00:01:21.660 And I know for some of you guys, you're like, well, I don't know how to create value for
00:01:25.620 other people so why would they take my call and like I get nervous when I talk to other people
00:01:30.500 and I was I came from those same places okay like I used to write code and I'd sit behind my desk
00:01:36.820 and I didn't want to talk to anybody and then I realized if I wanted to be successful in business
00:01:40.540 I needed to learn how to ask questions how to be curious how to have a little bit of energy
00:01:46.520 so no matter where you're starting today I'm going to encourage you to push forward because
00:01:51.060 it's possible for you and it could just like me you know transform the person that you meet that
00:01:57.620 literally will shape your life you know back in um this would have been when i was maybe 27 28 i was
00:02:05.220 at an event on the east coast of canada i think it was it called think something it was like this
00:02:11.380 interactive digital marketing event in halifax nova scotia and one of the speakers there was
00:02:17.220 was a guy named Michael McDermott,
00:02:18.560 the founder and CEO of FreshBooks.
00:02:21.460 And I had known of Mike.
00:02:23.340 I mean, he was a very well-known
00:02:25.080 Canadian software entrepreneur.
00:02:27.340 This was back in the days of like Basecamp
00:02:29.820 and 37 Signals and Ruby on Rails and all this stuff.
00:02:33.360 And like, he was speaking, so I was excited.
00:02:36.280 And what happened was, is after he got off stage,
00:02:40.560 we were transitioning the whole group of people,
00:02:42.900 it was maybe 150 people there, to the lunch setup
00:02:45.640 to where everybody was having our boxed lunch,
00:02:50.300 sit down and eat.
00:02:51.340 And I just happened to be walking on the path with Mike.
00:02:56.540 And as we were walking, I made some small chat.
00:02:58.740 Hey, I really appreciate your talk.
00:03:00.140 I like this aspect.
00:03:01.320 He's like, oh, what do you do?
00:03:02.200 And I told him, and I just happened to ask him,
00:03:04.860 I said, is there anything that you guys
00:03:07.880 are facing some challenges?
00:03:09.500 And he mentioned something about building
00:03:11.280 kind of a marketplace for payments and invoices.
00:03:14.620 So trying to keep all the transactions on the platform.
00:03:18.700 And I said, well, I actually know somebody, my buddy Stu.
00:03:22.020 He's done this before.
00:03:23.260 He used to work in finance and I can make an introduction.
00:03:26.220 He said, I'd love that.
00:03:27.080 And that's how I got Mike's email.
00:03:28.860 So I went out of my way to offer some help to Mike
00:03:31.420 and he got my email.
00:03:32.800 And then he actually saw that I was speaking
00:03:34.580 later that afternoon.
00:03:35.420 He must have seen me speak.
00:03:36.840 Because what happened was is four months later,
00:03:38.560 I get an email from Mike asking me if I want to speak
00:03:41.860 at an event that he was helping produce
00:03:43.920 called Mesh Marketing in Toronto.
00:03:46.340 Which, no, so this must have been 2009 timeframe,
00:03:52.680 because it was after Spheric.
00:03:54.640 So I met him then, maybe it was after Spheric,
00:03:57.460 but I was living in San Francisco,
00:03:59.020 and I flew up to Toronto.
00:04:01.180 And when they announced the speakers,
00:04:03.380 I had a bunch of people reach out and say like,
00:04:05.380 hey, you know, I noticed you're speaking in Toronto.
00:04:07.560 And one of those people was this young lady, okay, 0.92
00:04:11.280 on Twitter and asked me, when you're in town,
00:04:14.320 would you be willing to sit down with me?
00:04:15.560 I'm doing interviews with some of the speakers
00:04:18.120 for my blog.
00:04:19.180 And I was like, of course.
00:04:20.240 Now I click, click, click.
00:04:21.580 I look at her profile.
00:04:22.500 I'm like, wow, she's really beautiful.
00:04:24.640 And you know, don't think anything of it,
00:04:26.540 but I'm in Toronto now and I'm on my way
00:04:29.240 to the Mars Center.
00:04:30.400 If you've ever been to the Mars Center,
00:04:31.460 there's like these escalators that go down.
00:04:34.120 And I like stopped at a Starbucks on the way.
00:04:37.600 I wasn't too into the health and fitness
00:04:39.780 and high performance back then.
00:04:40.860 I was eating a muffin.
00:04:41.700 I had muffin crumbs all over my t-shirt.
00:04:44.100 I was wearing a float.
00:04:45.180 So I was building Floatown because I had a Floatown
00:04:46.720 t-shirt on and I was coming down the escalators
00:04:49.060 and I could see this beautiful woman
00:04:53.240 that I was supposed to meet at the bottom of the escalator.
00:04:54.900 And I got down there and I went over and I was like,
00:04:58.600 hey Renee, I'm Dan, you know?
00:05:01.220 And she kind of brushed me off.
00:05:03.500 I'm not gonna lie.
00:05:04.340 If you ever hear my wife tell the story, she brushed me off.
00:05:06.880 And I thought it's because like, you know,
00:05:09.340 She really didn't want to interest me.
00:05:10.840 I thought maybe I had something in my teeth or whatever,
00:05:12.880 but what happened was, and she'll tell you this,
00:05:15.680 not me talking to this, I made her nervous.
00:05:17.800 She thought I was a good looking dude.
00:05:19.380 Made me feel good.
00:05:20.520 She told me this literally years later
00:05:22.380 and denied that we actually met on Twitter
00:05:24.020 and that she reached out to me first,
00:05:25.400 which are all things that are provable, luckily.
00:05:28.580 I'm just kidding, but I share that story
00:05:31.420 because I still remember, I think it was like 2012,
00:05:35.060 our first son was born.
00:05:37.080 And when I think back at all the things that align
00:05:43.440 for me to be in a place to help Mike McDermott,
00:05:47.160 to get invited to speak at an event, to meet Renee,
00:05:50.220 to eventually see my first son born,
00:05:53.540 and then 11 months later, Noah, my other son,
00:05:56.300 it was just crazy to think that all of that happened
00:05:59.520 because I went out of my way to help somebody.
00:06:03.260 And I think, you know, when I look back
00:06:05.620 on all the cool things that have happened to me in my life
00:06:09.400 that on the surface look like frickin' miracles,
00:06:13.060 they were based on relationships.
00:06:14.780 I wanna share kind of like three beliefs and mindset hacks
00:06:18.400 that I think will really help you unlock this, okay?
00:06:20.760 Because I think it could transform your life.
00:06:23.080 The first one is to make the offer.
00:06:25.460 Get used to saying things like, how can I help?
00:06:31.600 What are you working on?
00:06:33.200 Is that something that you'd love to talk to somebody
00:06:35.460 in this industry that has experience on that?
00:06:37.360 I remember the way I met Mark Cuban
00:06:40.580 was because there was a guy named Alex Bard
00:06:43.980 who built a company called Assistly.
00:06:45.940 I'm living in San Francisco, 2009, 2010, same timeframe.
00:06:50.200 And we had just happened to meet at a coffee shop.
00:06:54.860 Somebody introduced us, hey, I'm Alex,
00:06:56.700 I'm working on Assistly.
00:06:57.540 I'd heard of Assistly, it was a support software.
00:06:59.820 And I think a lot of people in the tech space
00:07:02.920 for using the product.
00:07:04.420 And I just asked him like,
00:07:05.860 hey, what are some of the struggles you're dealing with?
00:07:07.700 And he's like, oh, onboarding activation.
00:07:09.460 And I just finished doing a bunch of research
00:07:11.400 for our software, Flowtown.
00:07:12.700 And I gave a talk on lean product development
00:07:15.340 and how to do activation and all this stuff.
00:07:17.760 And I just made an offer.
00:07:19.500 I said, hey, if you ever want me to come over to your office,
00:07:21.680 sit down with your team and share what I've learned,
00:07:23.240 I'd love to do that for you.
00:07:24.140 And he's like, wow, really?
00:07:25.180 And I'm like, yeah.
00:07:26.180 And he took me up on the offer.
00:07:28.120 And I went down, I met his co-founders
00:07:29.940 and I shared everything.
00:07:31.140 I hadn't, you know, like, that is just who I became.
00:07:36.680 It's not where I started, but it's who I became.
00:07:38.580 And it's because I helped Alex.
00:07:40.620 Years later, I'm building Clarity,
00:07:43.300 and we launch our fundraising on AngelList,
00:07:47.700 and Mark Cuban sees it,
00:07:49.300 sees that we're mutual connections,
00:07:51.480 and then I actually, I'm not sure if I didn't raise money
00:07:54.760 from Alex, I should have,
00:07:56.640 but, you know, Mark reached out to Alex and said,
00:07:59.060 hey, this Dan guy in Clarity, is he the real deal?
00:08:01.280 And Alex said yes.
00:08:02.440 And then Alex told me that he had talked to Mark.
00:08:04.980 And all of a sudden, Mark signed up for the product.
00:08:07.020 And that's how we ended up connecting
00:08:10.000 and getting him involved in the business.
00:08:11.720 And I just, like every crazy thing
00:08:15.040 that's ever happened in my life
00:08:16.080 happened because of somebody that I connected with,
00:08:19.660 I went out of my way to create value for.
00:08:21.980 And I think that leads me to my second thing
00:08:24.400 that I wanna share with you, which is the who, not how.
00:08:27.760 A lot of people, they stop themselves from creating value or offering value to other people
00:08:32.860 because they think that it's like, I don't know anything.
00:08:35.360 I'm not good at anything.
00:08:36.880 And I have seen some of my best friends, not necessarily talented at any specific skill,
00:08:43.360 but just because they're just such kind human beings and people enjoy being around them,
00:08:47.760 that they've created this network.
00:08:49.900 And what I've discovered when I was living down in San Francisco for almost five years
00:08:53.000 was that the currency was in your relationships.
00:08:56.220 Being able to help people was not,
00:08:59.300 can I solve the problem?
00:09:00.540 It's, do I know the person who would be perfect
00:09:03.060 to solve this for you?
00:09:04.680 So as you go out through life
00:09:06.480 and you interact with people on planes,
00:09:09.300 at conferences, at a dinner, at a house party, right?
00:09:13.920 I want you to go out of your way
00:09:15.500 to try to be curious about other people
00:09:17.580 so that you can build these relationships
00:09:19.800 and kind of create a mental note
00:09:21.700 of what are they challenged with
00:09:22.960 so that if you ever run into somebody
00:09:24.280 that seems to be the solution holder for that problem,
00:09:27.900 you can make that introduction
00:09:29.180 because that is what the world is built on.
00:09:33.440 It's the who, not how.
00:09:34.860 And oftentimes people, you know,
00:09:36.900 and I learned this, I was lucky.
00:09:38.460 Oftentimes people hold themselves back from doing this
00:09:40.780 because they don't feel like they're talented.
00:09:42.300 It has nothing to do with talent.
00:09:44.020 Tim Sanders wrote a great book.
00:09:46.780 It was the first book I ever read
00:09:47.820 called Love is a Killer App.
00:09:48.940 And in that book, there was three premises.
00:09:51.200 And one of those was your network is your net worth
00:09:53.560 and you wanna consume knowledge and experience.
00:09:57.320 And this is the big idea that he taught me at 23 years old
00:10:00.440 was not even for yourself, but for your customers.
00:10:05.400 Wow.
00:10:06.380 And think about it this way.
00:10:07.300 If you don't have customers, you're not a business owner,
00:10:09.340 what if you read and listened to things for your market,
00:10:13.720 for the people you wanna spend time with,
00:10:16.040 for the next level of relationships?
00:10:18.060 When people say you're the average of the five people
00:10:19.700 you spend time with, and you're going,
00:10:21.300 well, these are the people I wanna become,
00:10:22.820 and my friends right now today,
00:10:24.620 I'm not, they're not supporting that,
00:10:27.880 but I don't have anything to offer those people.
00:10:29.740 What if you started consuming videos, books,
00:10:34.300 trainings for those people?
00:10:36.560 Because that could be your value add, right?
00:10:39.100 Getting to know the people that created these books
00:10:40.880 and trainings and courses and events
00:10:42.680 and then being able to introduce them to those people.
00:10:45.400 That is the big idea of the who, not how.
00:10:47.720 And then finally, it's the follow-up, okay?
00:10:50.400 You know, in business,
00:10:51.240 they say fortunes are made in the follow up. When you build relationship with people,
00:10:56.280 it's not that one interaction. It's not the first time you meet them on a plane that's
00:10:59.660 going to change the game. I met the CEO of Pepsi on a plane flying from Toronto to Kelowna. Okay.
00:11:07.460 And like, that was a crazy coincidence. But did I just like leave it out there? No, I asked them,
00:11:14.560 what are your some of your challenges? What's going on? And they said around social marketing,
00:11:18.380 I said, I know some people in the space.
00:11:20.380 Let me know.
00:11:21.280 I don't wanna like send people blindly.
00:11:23.140 So I'll follow up with an email.
00:11:24.260 You can introduce me to somebody on your team
00:11:26.180 and I'll help out.
00:11:27.100 And I made those connections,
00:11:28.880 not for them, but for their team members.
00:11:30.800 But then what I did is I followed up back with them
00:11:33.100 to let them know that I helped them out
00:11:34.420 because maybe that person was never gonna tell them.
00:11:37.140 But really just make myself available
00:11:39.320 as a trusted resource.
00:11:40.800 And guess what?
00:11:41.600 In the future, I was working with one of my companies
00:11:43.740 and they needed a connection to Pepsi.
00:11:45.300 How crazy is that, that I was able to make that introduction?
00:11:49.740 I'm in tech, but because I look at every conversation
00:11:53.900 as an opportunity to build a relationship
00:11:55.760 and be curious about other people,
00:11:57.860 then I have more context.
00:11:59.740 And so it doesn't matter if it's sending a text message,
00:12:03.000 you know, after you meet somebody,
00:12:04.380 you get their phone number, it's like,
00:12:05.360 hey, give me your phone number and we'll keep in touch.
00:12:07.160 I'll make that introduction.
00:12:08.400 It could be, you know, sending introductions.
00:12:10.920 That's a great way of following up, you know,
00:12:12.820 and not just like introductions at the point to help them,
00:12:16.240 but in the future, thinking about them
00:12:18.900 and then doing a double blind intro and saying,
00:12:21.240 hey, are you cool if I introduce you to this person?
00:12:23.260 You know, they have this really cool technology.
00:12:25.000 Like this happens to me every week
00:12:26.480 and that's why I share it.
00:12:27.460 These are, this is literally how I live my life
00:12:29.980 that has allowed me to kind of hustle through the world
00:12:33.500 by helping other people and create incredible value.
00:12:37.300 And it's just because you become the connector
00:12:39.280 and it costs you nothing and it requires zero skill
00:12:42.060 other than being curious and putting yourself out there.
00:12:46.840 But like, you'll go to an event, meet some people, right?
00:12:50.180 Try to meet 15 new people.
00:12:51.880 Be genuinely curious about them
00:12:53.540 and try to figure out what are some of their challenges.
00:12:55.580 And what I've discovered is while I'm at an event
00:12:57.700 trying to do this, I'll like talk to this guy
00:12:59.860 and realize he needs to meet this person.
00:13:01.800 I go, do you know Mark?
00:13:03.060 He's like, no, who's Mark?
00:13:04.260 Mark's at this company.
00:13:05.420 And he was just telling me about this thing.
00:13:07.160 You need to meet Mark.
00:13:08.060 Come on, let's go. 0.98
00:13:08.680 I'll go meet Mark.
00:13:09.300 I do this all the time.
00:13:10.760 Anybody who knows me has seen me do this in real time.
00:13:13.700 And it is super fun.
00:13:15.300 So that is the big idea.
00:13:17.460 If you go out of your way to help other people,
00:13:20.540 I believe that it could be the most impactful thing
00:13:23.600 to ever happen to your life.
00:13:25.480 And it was true for me, meeting Renee
00:13:27.440 and having two beautiful boys
00:13:28.640 and creating an incredible life together.
00:13:30.640 But it all comes back to a quote
00:13:32.480 that I wanna leave you with
00:13:33.320 that I learned when I was in rehab at 17.
00:13:35.920 If you don't know my story, you can Google.
00:13:37.680 I've shared it online, plenty of places.
00:13:39.520 but you know we had this philosophy you know and it went something like you can only keep what you
00:13:45.600 give away if you want more relationships you want more um positivity if you want more um power like
00:13:57.520 supportive influential people in your life then give it the more you give the more you get the
00:14:04.240 more you get to keep that is the message i hope this video finds it incredibly well
00:14:08.320 And we'll be talking soon.
00:14:10.000 Cheers.
00:14:10.580 Peace.