Dan Martell - The reason most entrepreneurs are broke

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00:00:00.000 Most business owners don't make money.

00:00:01.880 And if they actually look at the amount of hours they worked,

00:00:04.200 they're making less than working at McDonald's.

00:00:05.900 I think most people make a million a year in revenue,

00:00:08.820 had 1.1 million in expenses, so they can grade off.

00:00:11.720 You didn't make any money.

00:00:13.260 Your financials are essentially a reflection

00:00:16.320 of your decisions.

00:00:17.340 Unfortunately, most entrepreneurs don't want to learn

00:00:20.120 the number side of the business

00:00:22.280 that would give them the insight to make the business better.

00:00:25.260 They're not connecting the decisions they're making

00:00:28.060 to the financial impact of their business.

00:00:30.060 Without that feedback loop,

00:00:31.780 you're not becoming a better entrepreneur.

Dan Martell - September 28, 2024