Dan Martell - November 02, 2015


The 3 Ways Entrepreneurs Self-Sabotage Their Success


Episode Stats

Length

4 minutes

Words per Minute

241.89978

Word Count

1,202

Sentence Count

49


Summary

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

Transcript

Transcript generated with Whisper (turbo).
00:00:00.360 Three ways entrepreneurs make it way harder
00:00:02.840 on themselves than it needs to be.
00:00:05.120 You know, today I want to share with you guys
00:00:06.400 three different areas that I see entrepreneurs
00:00:08.760 that are challenging themselves for no good reason.
00:00:11.400 Like, these are things they need to stop doing
00:00:13.800 that'll just make their lives so much better.
00:00:15.360 And I get it because when I started off as an entrepreneur,
00:00:18.640 I did all three of these.
00:00:20.200 And the first one I want to share with you guys
00:00:21.560 is throwing hand grenades,
00:00:23.160 lobbing hand grenades into their business
00:00:25.680 when things are going good.
00:00:27.080 Check it out, like I've seen entrepreneurs,
00:00:29.080 They've worked on their systems, they've hired some great people, and things are scaling up.
00:00:33.220 And they go into business one day, and they feel like things are good, and they kind of don't feel needed.
00:00:39.020 So they'll actually throw a hand grenade, a verbal hand grenade into their business.
00:00:42.680 Here's what I mean by that.
00:00:43.960 It's essentially a new strategy, a change.
00:00:46.860 They just feel like things are going too good, and they don't even realize they're doing this.
00:00:50.200 Maybe you've done this, and you don't realize this is a thing.
00:00:52.920 So that's what I want to share with you guys.
00:00:54.400 I remember when I was building Sphere, it was a big company.
00:00:57.520 We had about 25 employees at the time.
00:00:59.080 and I just thought, oh, we're a great service organization.
00:01:01.760 Maybe we should build software.
00:01:03.200 So I was like, all right, we're building a new software product
00:01:05.400 and I took a team of two or three people
00:01:06.940 and we worked on the software
00:01:07.920 and there was no good reason to do this.
00:01:10.160 Strategically, it wasn't on our plan.
00:01:11.780 It wasn't something that we should have been doing
00:01:13.480 and it really just added a lot of confusion and challenge
00:01:15.960 and then the rest of the business suffered.
00:01:17.700 So I don't know if you guys have ever done this,
00:01:19.240 but when things are going good,
00:01:20.900 you gotta check yourself
00:01:22.040 and make sure that you don't come into work
00:01:23.960 just for the sake of chaos.
00:01:26.680 Throw a hand grenade in your business
00:01:28.000 so that you feel like it's gotta be harder than it should be
00:01:31.420 and you gotta fix things.
00:01:33.100 The reality is most entrepreneurs feel that
00:01:35.980 because that's what they're used to,
00:01:37.620 that they're always in fixing mode.
00:01:38.820 But you can get to a point where things are growing
00:01:40.580 and they're going really well
00:01:41.920 and you don't wanna add a big change at that point.
00:01:45.200 You wanna implement and enhance what you're currently doing.
00:01:47.820 So that's one.
00:01:48.360 The second thing when I see with entrepreneurs
00:01:49.880 is typically, and we're going to level deep
00:01:52.220 because maybe this is the reason
00:01:53.480 why they throw those hand grenades,
00:01:54.920 is they don't believe they deserve the success.
00:01:57.280 I'm going to throw that out there, and some of you guys have been like, whoa, that's so
00:02:01.100 me. Think about this. You have success in your business, and for whatever reason, you
00:02:05.440 have certain beliefs that just don't align with that, and you do things that bring down
00:02:10.420 your success, or that you just, internally, you don't feel like you deserve to be wealthy,
00:02:15.440 or to have success in your business, or even to be happy. And I'm not judging, because
00:02:19.840 I totally get that those are real things that a lot of entrepreneurs have, and they might
00:02:23.660 not even realize that that's the reason why they're acting a certain way, or whether they're
00:02:26.780 taking certain decisions is because they don't believe
00:02:29.360 they deserve it.
00:02:30.200 I wanted to share that with you guys because I really
00:02:32.060 want to challenge you to dig deep when you're thinking
00:02:34.040 about should we grow or should we stay the way we are?
00:02:37.380 Is that a belief about you deserving that growth
00:02:39.840 or that success or is it just strategically makes
00:02:43.040 a lot of sense?
00:02:43.880 I wanted to share that with you because I think
00:02:44.720 it's sometimes it's actually the underlying belief
00:02:47.880 that's driving people to throw hand grenades
00:02:49.540 in their business where they just,
00:02:51.060 they build something amazing and then for some reason
00:02:53.180 they don't even know it's on the subconscious level
00:02:55.220 that they don't deserve it, so they take those actions.
00:02:57.880 Now the third one that I want to share with you guys,
00:02:59.760 because I think it's really important to understand,
00:03:01.240 is that they don't share their challenges with other people.
00:03:06.360 And the result is they feel lonely in their business.
00:03:08.480 I don't know if you've ever felt like this,
00:03:09.660 where every day you wake up to make your business,
00:03:12.140 your life, your personal growth better.
00:03:15.500 You're on this mission, you're climbing this mountain
00:03:18.100 of being better at business, being a better leader,
00:03:20.100 being a better person, but at the same time
00:03:22.800 you feel completely lonely, like nobody really gets you.
00:03:25.640 And a lot of times people do that
00:03:27.380 is because they don't want to feel judged.
00:03:29.360 You know, maybe in their circle of family and friends,
00:03:32.560 they're the most successful financial person
00:03:34.540 and they don't want to talk about those challenges at work
00:03:36.800 because they don't want to feel like they're bragging
00:03:38.800 or that they're talking out of school or whatever it is.
00:03:42.440 They just don't want to create that friction
00:03:44.820 amongst their peer group or their family.
00:03:46.500 And I want to challenge you guys
00:03:47.420 is the result of that is you feel lonely,
00:03:49.640 that you're not really getting the support
00:03:51.400 that you need to really feel alive
00:03:53.220 and thrive in your business
00:03:54.360 because of some fear of judgment
00:03:56.580 of other people around you.
00:03:58.060 So that's the one I wanted to challenge you guys
00:04:00.200 and a big one is just thinking about
00:04:01.920 how do the people around you affect your ability
00:04:04.080 to build a bigger business,
00:04:05.960 to think about life in a more exciting way
00:04:08.160 or to really grow and thrive as an individual.
00:04:11.220 And to me, those are the three big things
00:04:12.480 I've seen a lot of entrepreneurs do.
00:04:13.960 One, they throw hand grenades in their business.
00:04:15.700 Two, they do things because they truly fundamentally
00:04:17.980 don't believe they deserve to be successful or wealthy.
00:04:20.160 and three, they don't share with other people around them
00:04:23.840 because those people will maybe judge them
00:04:26.040 and they don't wanna feel that way
00:04:27.220 or they don't wanna feel like they're bragging.
00:04:28.620 So I wanted to share those with you guys
00:04:29.740 because if you're not getting the level of success
00:04:32.060 that you want or you feel like you keep hitting a plateau
00:04:34.600 and you come down and you come up and you come down,
00:04:36.720 it's likely one of those three reasons.
00:04:38.180 So I wanna ask you guys to first like the video
00:04:40.700 so more people get to see it,
00:04:41.860 but ask you to leave a comment below
00:04:43.300 and let me know how has that materialized in your life?
00:04:46.060 Do you believe that you have some of those beliefs?
00:04:47.620 Let me know below.
00:04:48.680 Maybe you have other beliefs that you had
00:04:50.040 that you've overcome, I'd love to hear from you all below in the comments. I want to challenge
00:04:54.080 you guys to live both a bigger life and a bigger business, and I'll see you guys next Monday.