Dan Martell - November 10, 2024


Where you should actually invest your money


Episode Stats


Length

33 seconds

Words per minute

225.94142

Word count

126

Sentence count

3


Summary

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

If you're 18 years old and you run a company generating over six figures worth of income, and you're not old enough to buy a house, invest, or build credit for yourself, what would you do with your extra capital to make it work for you? Do you know what the bottleneck is in your business from growing right now? I got too much work and I can t do it all myself. Your problem is to figure out how to hire, train, and delegate the work. If you have extra money and you invest it in anything other than solving that problem, it's actually not very efficient because what are you going to go make 8% in a market

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 If you're 18 years old and you run a company generating over six figures worth of income
00:00:05.160 and you're not old enough to buy a house, invest, or build credit for yourself,
00:00:10.300 what would you do with your extra capital to make it work for you?
00:00:13.420 Do you know what the number one bottleneck is in your business from growing right now?
00:00:17.400 I got too much work and I can't do it all myself.
00:00:19.480 Your number one problem is to figure out how to hire, train, and delegate the work.
00:00:23.880 If you have extra money and you invest it in anything other than solving that problem,
00:00:28.580 It's actually not very efficient because what are you going to go make 8% in a market or something?