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Dan Martell
- February 03, 2024
Why smart people never get rich.
Episode Stats
Length
43 seconds
Words per Minute
224.14578
Word Count
164
Sentence Count
7
Summary
Summaries generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript generated with
Whisper
(
turbo
).
00:00:00.000
Smart people don't get rich because most smart people overcomplicate things and complication
00:00:04.780
isn't how you get rich.
00:00:06.040
How you get rich is saying, oh, there's a problem.
00:00:08.760
What's the minimum amount of effort I could put into seeing if somebody is willing to
00:00:12.400
pay for this problem and then do the actions of solving the problem.
00:00:15.400
People with high IQs, the problem is they believe that for them to be qualified to even
00:00:20.080
solve a problem, they need paper.
00:00:22.200
They need credential.
00:00:23.520
They need to go intern at another company to learn how to do the thing before they could
00:00:27.880
ever do it for somebody else.
00:00:29.100
everything involved in that chain of transaction and value requires you to a not care about
00:00:34.780
anybody else's opinion b be willing to overcome your fears of being rejected and c get resourceful
00:00:39.800
enough to figure out how to build a solution that person might want to buy even if you've
00:00:42.780
never done it before ever
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