Game changing insights! I was in our weekly meeting saying we'll need to hire soon to buy back time. Now--I know who to hire first. Thank you! #successinsobriety
Many many EV's producers, both in China & also in USA, are struggling to survive. They cut-down the Price (even, maybe, their COST is higher than that.) I wonder if the same happened also in Silicon Valley.. many companies lessen their Employees. Unemployment rises slowly in California.. moved to Arizona & Texas perhaps.??
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
0:09 the best entrepreneurs have … 1:13 your dreams have to be … 3:05 complexity ceiling… 3:29 the buyback principle 5:20 an empire is …a life of unlimited creation you never have to retire from 6:10 million dollar companies are not built on $10 tasks 14:47 if you don’t have an assistant, you are one 30:07 transformational leadership 30:35 delegate the outcome not the task 30:56 the 1-3-1 rule 34:03 131 is … 34:50 the ultimate hack … 36:06 build the people and the people build the …
Great contents Dan... Here are my take aways. 👉 OUTPUT = Time X Leverage. 👉 Don't sell your business when you hit complexity ceiling. 👉 Anyone that you bring into your business is the CEO of the job they are handling 👉 Be a transformational leader not a transactional leader. And lastly... 👉 Deligate the outcome, not the task. I will be implementing right away. Thank you.
Based on the video, here are four skills or qualities that the entrepreneurs Rafael and John exhibit, which could contribute to building a $1B company: Problem-solving: They're like superheroes who can figure out problems. They saw a problem in taking care of buildings and made a smart solution to make it easier to find the right people to fix things. Innovation: They're like inventors! Their thing called Brixton Agent is a super cool and new way to do things with technology. It's like they found a secret way to help a group of people that wasn't getting much attention. Communication: They're great at talking about their business. When they talked to people who could help them, they explained everything really really well, so everyone understood how awesome their idea is. Confidence and Persuasiveness: They're like really good at being sure about their business and convincing others to believe in it too. It's like they're super confident and can make others see how great their company is. Remember, there's a lot more to making a company successful, but being good at these things is like having a strong base. It helps them face problems and have a better chance of doing really well. Cool, right?
Nice. However as you're grinding his videos and learning, be sure to take massive action immediately and implement. Don't just be a knowledgeable man with no results to show for it.
My favorite thing about this guy is that he actually likes people. I never want to absorb advice that disrespects the people that are trying to do a good job.
I don’t comfortably throw recommendations of her on the internet God she’s brilliant her skills are set exceptionally .Thank you Amelia Jason I’m sure there’re also good people who excel in their field ! .
Woah for real ? I'm so excited. Her strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
I love that some of Dan's videos finally get sooo many views - this channel is honestly my favorite entrepreneurial channel on TH-cam (for the last 5 years or so) - so happy it gets so many more views now. Congrats Dan!!! :)
All my major takeaways are Have admin to manage my energy and time i.e. my inbox and calender Output depends on time and leverage Leverage depends on 4C,s code content capital and collaboration Leadership dont tell them what to do, don't check their doing,dont tell them to do next But do Describe the outcome to them and their job to figure out ways to reach that Measure them by a number both me and my employee agress on to Coach them Basic principle Through story Ask their takeaway Make them commit to it❤❤❤❤❤❤
My first thought when I saw the thumbnail and the title of the video was "one more coach selling lies... but let me check it out". Ok... It took me two days to watch this video because I wanted to devote my full atention into watching it because right at the begenning of the lecture I was amazed! Dan, thank you very much!
Same happened with the title. Because he’s not a billionaire yet. But!!! .. I’m working on my skepticism, and he’s doing better than me so I can always learn from others who have more than me of what I want. And I’m glad I did click.
Loved every second of my watch to the very end. I could really use your help Dan, I’m 42 and disabled since 2007, still own a small business with $480K in savings. Already have a share in a rental property. But I'd still love to grow my investments ahead of my retirement. Can you help me or mentor me?
Just buy BITCOIN and hold. Or find quality stocks that have long term potential, and ride with those stocks. But advisably, just seek counsel from a market strategist.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $880k. My personal best so far
Agreed, I’ve been investing in the markets for 11 years now, last 6 years with the help of a financial planner apparently due to the covid-19 pandemic crash. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1.4m roi as of today.
She's known as a 'Heather Lee Larioni'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
A company is going through challenging times and the boss takes a sabbatical - this does not mean that the person is not thinking about the business or strategizing or giving themselves space to make a vision for the future. What about mental health concerns? My mind might be fucked up and I can keep pretending to work - am I doing damage or favor to the business?
Mental health is merely the result of your thinking. Thoughts leads to emotions, emotions leads to actions. If you experience the wrong actions, it’s because you are thinking the wrong thoughts. Start by getting clarity of who you are and what you want in life. Vision, mission, values, in all aspects of your life. With this you can run any business and do most tasks.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Ava Maria Turner you're such a life saver.
As a full time creator who (accidentally) became an entrepreneur now needing to hire a team & delegate so that I can buy back my own time and continue to do the things that create the most value, this is SO incredibly helpful. If I may offer a small suggestion to your content ppl to get cleaner audio - From what I can see, it sounds like the main audio source is coming direct from the room audio, which is great for catching ambient applause and laughter but not the best for getting “clean audio” of the speaker- If whoever is capturing your content has an additional external audio source capturing only your voice (ie- a lavalier you’d wear on your person or a direct audio feed from the mic you’re speaking into) they’ll have a much cleaner audio capture! Best of luck & thanks for the great content!
I hit my 12 month goal in 6 months by working my butt of and then took a " Tracey" and that 4 weeks turned into 3 months of slow down. Now i need to double down and get back to the grind.
The 4 master skills you need to build 1 B company (leverage). Time x leverage = output 1. Capital to get more resourceful 2. Code software, automation and AI 3. Content. Create a system (save your time energy and money) 4. Collaboration its people. Transactional leadership (tell, check, next), transformational leadership (outcome, measure, coach), (hire people and tell them I hire you to create this outcome, tell how to measure their progress). Delegate the outcome, not the task. Rules to become world class.
Going just half way, I've learnt a lot, but 2 things I take from here gonna be: Time x Leverage = Output & SYSTEM = Save Your Self, Time, Energy and Money! ❤️💯
It's easy to stop teaching and do more when your team is not fulfilling their roles. It's even easier to let them go after a while. Taking the time to shift your focus toward culture and systems within an organization will solve most of those frustrations. Phenomenal talk, thanks Dan
1:3:1 is absolutely GENIUS!! Can be applied professionally as well as personally!! I can use this myself to solve my big issues as well as my adult children. Absolutely love this. One my fave tips from you so far!!
note to self: 1. Buyback principle: dont hire to grow your business. Hire to buy back your time. 2. Buyback loop: audit our time and energy; a life of creation that you never have to retire from. 3. Million dollar companies are not built on $10 dollar tasks. 13;02 4. time x leverage = output (money resource time) 5. create leverage => system (save yourselves time energy and money) 6. 4 master scales: capital, code/software, content, collaboration 7. become a transformational leader, not a transactional leader 8. Delegate the outcome, not the task 9. Stop telling people what to do, start telling people where we are going, let them figure out how to get there and coach them along the way. 10. 1-3-1 rule: one challenge, three viable options, one solution/recommendation
Dan thank you so very much for posting this! Your videos help me greatly to understand and demystify the world I'm entering. 50 to fix it was a gift indeed and I will remember to pay it forward when I have an insight worth sharing. Your slides and the way you organize info into Key terms and catch phrases works very well throughout your videos, and it's consistent. All the best!! Cheers!
Intriguing premise! Can't wait to discover the essential skills required to build a billion-dollar company. Ready to unlock the secrets to entrepreneurial success.
I believe. A BILLION DOLLARS IS ALOT OF MONEY; BUT I BELIEVE IF YOU FOCUS ON THE STRONGEST PILLARS THAT HAS BUILT BILLION DOLLAR BUSINESSES YOUR CHANCES OF REACHING A BILLION DOLLAR BUSINESS IS REACHABLE. LEADERSHIP/ FOCUS IS THE JEY TO THIS AS YOU BEGING TO CONTINUE SELF-DEVELOPE AND GROW YOUR TEAM OF TALENT WITH; YOU WOLL ACHEIVED THE POSSIBLE. THATS MY TAKE I LOVE THIS CHANNEL AND I TAKING THESE GEMS TO BUILD MY MINISTRY AND BUSINESS. THANK YOU. Dan Martell. Pastor Jeff Watson Nu-Dominion Ministreiz Cleveland ohio. Someone is listening and Watching; Thank You For the Value you've Added To my Life. Mega-Favor upon you Today and Family. 😁🙏🏻
This is a really powerful video. As a video editor I've been thinking of ways to find assistance and leverage so I can in more clients and essentially grow the business. I guess this was a workbook on why and how to do that
i watched this video 50% and then due to some urgent work i stoped it and then the next day when i tried too find out my YT histroy was paused and the video was also not in my liked section. but after a month really i found it and literally i searched so much to find it. ❤
its a good one Dan!! people always want the end result without the sacrifices!! myself included, sabotage or short cuts whatever just to screw myself out my goals
Just discovered this channel and this brilliant man !!! Top Notch Content ❤. P.S : It might sound shallow but I always give credit to entrepreneurs who look physically fit more than others. You can see that they apply what they actually preach.
My question is , you know everything that is needed to build $1billion company and telling us these skills . Then why you wouldn't Build it . Its not these skill its more than it seems needed . Many things also matters . Most matter is the creative and business mindset
This is exactly what i needed to hear. Ive started different businesses over the years and always struggled with scale due to an addiction to DIYing. Ive also always known it was a problem too but struggled to do "the loop". Ive never heard anything so well explained to unpack the mechanics of scaling and freeing time. Currently i am still stuck micromanging operational details. What i do best though is breaking new ground with sales and building relationships. Why the hell am i still spending hours correcting the work of my people, when i should be growing this thing?
Did you create playbooks for your employees? Also, if you haven't thought about it yet, consider hiring people who are smarter than you in the field you are looking to employ them. Perhaps create a test for hiring, with questions that you know you can do 90% and use the 10% for questions you know you're not that good with. That's just an example. Some entrepreneurs struggle to find good employees because of ego-based beliefs such as "nobody can do it better than me". Ask yourself, is it better to have 1 person that does the job better than you and gets paid 1.5x or 2x the average, or two people on lower salaries whose every step you will need to micromanage.. That would drive you insane at some point. Hope my point of view helps you. All the best
It is pretty extremely simple formula to be billionaire. Everyone can do it! All you need is rich parents, have a up to 1 million dollar loan preferably from your parents, connections provided by your parents, rich friends and lots of bullshitting you made it yourself!
If you don’t mind me asking, were you a freelance VA or where you hired by an agency? I am in the very initial stages of exploring the possibility of starting a VA agency. Trying to ascertain whether people who need VAs would prefer a middle man to find the right person for them… many thanks!
@@SarahHannah91 Sorry, I just saw this message. I am currently working as a freelance VA. In addition to providing direct assistance to my clients, I also manage a team of individuals for certain tasks. My clients are aware and comfortable with me acting as an intermediary and receiving a portion of the payment for these services
@danmartell have you read Brad Jacobs' new book "How to Make a Few Billion Dollars"? (now on audible, yay) One of the great philosophies he has is that he LOVES problems, where most people are pained by problems, he gets happy, and he looks for huge bottlenecks everywhere he goes. It's such a great paradigm!
I feel this session will be your great practice session for yourself. Good luck. Underline some that people doesn’t have much time and patience to listen your values and value creation methods. Make it sharp and shorter, thanks
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings losing value because of high inflation. Where else can we keep our money?
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA Claire Robert’s Durand , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent
“If you want to be rich, be lazy; if you want to be wealthy, be incompetent.” The most profound and counterintuitive statement I have ever heard about entrepreneurship. Love it!
I've been in the working world for a long time now. I've been working since I was 7 years old. Started cleaning construction sites and doing farm work. Put myself through college. Worked in higher ed, large corporations, television, now govt. Most of that time, I've been trying to figure out how to become financially independent and off the hamster wheel. I've heard dozens of speakers. Read the books. Whatever. Maybe I'm just too old now, but after decades of trying to understand how this works, spending hard earned money, it all sounds like bull crap to me now. Catch phrases, antidotal stories, dares, put downs on my character for not being smart enough. I've heard it all. It sounds like televangelist talk to me now. "If you just had enough faith, sinner!" I wish someone would just tell me what to do and not what to think about it. I've always worked my 🍑 off. I'm pretty smart, I've been told by actual smart people. But other people just lie and lie and LIE with their hands out. This life is cruel and full of wolves. What was the point of all these words? Just go get some capital OH SHUT UP! You snakes.
As per my shallow financial background ; CREDIT = DEBIT. ; ASSET = LIABILITY.. YOUR COMPANY IS (ALSO) ... 85% LOANS (From Bank(s)/Monetary institute.!!), Right.? One Billion worth Company = $ 0.85 Billion of DEBT ; Good Luck, guys. Enjoy while you can, Before the IRS came into your office.!! (If company didn't work well)
How do you increase your maximum knowledge through speaking with people , book reading, thing your self or problem solving (arrange most prioritize to less)
I have a quick question for you: I'm trying to get into email copywriting for Successful creatorpreneurs like yourself, what problems do you usually face with your emails when it comes to getting product sales?
Have you watched any of Dan’s other videos or read his book? If so, you would know a better way to get his attention is to “give” him some ideas on how he could improve his company’s sales emails. (Make sure it’s a new twist that they haven’t already tried or thought about.) He doesn’t even tell his employees how to do something- that’s why he hires them- he just wants a successful outcome. He’s busy. Give him a reason to want to talk to you…
Appreciate the support! My mission is to help entrepreneurs build a business they don't grow to hate. I know you'll get value from it IF you apply the knowledge in real time
Great video, thanks @danmartell, regarding setting up the outcomes for the leadership team, would you create the outcome for them, or would you ask them to create the outcome and then validate with them?
Hope you enjoy the vid! Let me know your thoughts:)
Game changing insights! I was in our weekly meeting saying we'll need to hire soon to buy back time. Now--I know who to hire first. Thank you! #successinsobriety
You have inspired me. I am a start - up and you have just given me wings.
Dan, you are so handsome and manly sexy. mmm..
Many many EV's producers, both in China & also in USA, are struggling to survive. They cut-down the Price (even, maybe, their COST is higher than that.) I wonder if the same happened also in Silicon Valley.. many companies lessen their Employees. Unemployment rises slowly in California.. moved to Arizona & Texas perhaps.??
people no money
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
0:09 the best entrepreneurs have …
1:13 your dreams have to be …
3:05 complexity ceiling…
3:29 the buyback principle
5:20 an empire is …a life of unlimited creation you never have to retire from
6:10 million dollar companies are not built on $10 tasks
14:47 if you don’t have an assistant, you are one
30:07 transformational leadership
30:35 delegate the outcome not the task
30:56 the 1-3-1 rule
34:03 131 is …
34:50 the ultimate hack …
36:06 build the people and the people build the …
it's kinda crazy how nobody's talking about the forbidden ebook on Morlest called The Comic Guide to Financial Bombs
1. capital 2. code 3. content 4. collaboration
1. Capital -> ok I'm out. Haha
@@phy6geniuxYTcreations🤣🤣🤣🤣
Thank You!
This person understood the assignment 😂
Great contents Dan... Here are my take aways.
👉 OUTPUT = Time X Leverage.
👉 Don't sell your business when you hit complexity ceiling.
👉 Anyone that you bring into your business is the CEO of the job they are handling
👉 Be a transformational leader not a transactional leader. And lastly...
👉 Deligate the outcome, not the task.
I will be implementing right away. Thank you.
Appreciate the comment🙏🙏
Agreed & thank! I particularly like the notion about being a transformational leader, not a transactional leader.
Based on the video, here are four skills or qualities that the entrepreneurs Rafael and John exhibit, which could contribute to building a $1B company:
Problem-solving: They're like superheroes who can figure out problems. They saw a problem in taking care of buildings and made a smart solution to make it easier to find the right people to fix things.
Innovation: They're like inventors! Their thing called Brixton Agent is a super cool and new way to do things with technology. It's like they found a secret way to help a group of people that wasn't getting much attention.
Communication: They're great at talking about their business. When they talked to people who could help them, they explained everything really really well, so everyone understood how awesome their idea is.
Confidence and Persuasiveness: They're like really good at being sure about their business and convincing others to believe in it too. It's like they're super confident and can make others see how great their company is.
Remember, there's a lot more to making a company successful, but being good at these things is like having a strong base. It helps them face problems and have a better chance of doing really well. Cool, right?
I love the statement: "We build the people, the people build business."
Nice.
However as you're grinding his videos and learning, be sure to take massive action immediately and implement.
Don't just be a knowledgeable man with no results to show for it.
Code - CTO
Capital - CFO
Content - CMO
Collaboration - COO
You got it👊
@@danmartellsaved me 40 minutes 😎
Value - CPO
@@danmartell Deleted my comment 🤣🤣🤣
Saved me 40 minutes 🤣🤣🏆
@@danmartell saved me 40 minutes 🤣🤣🤣
My favorite thing about this guy is that he actually likes people. I never want to absorb advice that disrespects the people that are trying to do a good job.
Always remember that,
Start by creating a budget to track your income and expenses.
So true.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last 4months of 2023
I don’t comfortably throw recommendations of her on the internet God she’s brilliant her skills are set exceptionally .Thank you Amelia Jason I’m sure there’re also good people who excel in their field ! .
Woah for real ? I'm so excited. Her strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
she's mostly on Telegrams, using the user name.
@AmeliaJason11..’
When sending her a message do ensure she’s VERIFIED” cause a lot of imposters out there., .
This is one of the BEST videos I have seen in a long time. All the pieces fit just like a well-designed puzzle. Thank you Dan.
Thanks! Appreciate the kind words
For me this is BEST vid in all my life.??
I love that some of Dan's videos finally get sooo many views - this channel is honestly my favorite entrepreneurial channel on TH-cam (for the last 5 years or so) - so happy it gets so many more views now. Congrats Dan!!! :)
All my major takeaways are
Have admin to manage my energy and time i.e. my inbox and calender
Output depends on time and leverage
Leverage depends on 4C,s code content capital and collaboration
Leadership dont tell them what to do, don't check their doing,dont tell them to do next
But do
Describe the outcome to them and their job to figure out ways to reach that
Measure them by a number both me and my employee agress on to
Coach them
Basic principle
Through story
Ask their takeaway
Make them commit to it❤❤❤❤❤❤
And teach them problem solving through 131 rule
I.e
1 challenge
3 possible options
1 recommendation
"Delegate the outcome, not the task"
My biggest take away from this lecture
My first thought when I saw the thumbnail and the title of the video was "one more coach selling lies... but let me check it out". Ok... It took me two days to watch this video because I wanted to devote my full atention into watching it because right at the begenning of the lecture I was amazed! Dan, thank you very much!
Glad you got value:)
Same happened with the title. Because he’s not a billionaire yet. But!!! .. I’m working on my skepticism, and he’s doing better than me so I can always learn from others who have more than me of what I want. And I’m glad I did click.
Loved every second of my watch to the very end. I could really use your help Dan, I’m 42 and disabled since 2007, still own a small business with $480K in savings. Already have a share in a rental property. But I'd still love to grow my investments ahead of my retirement. Can you help me or mentor me?
Just buy BITCOIN and hold. Or find quality stocks that have long term potential, and ride with those stocks. But advisably, just seek counsel from a market strategist.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $880k. My personal best so far
Agreed, I’ve been investing in the markets for 11 years now, last 6 years with the help of a financial planner apparently due to the covid-19 pandemic crash. Throughout the 6 years of guidance alone, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1.4m roi as of today.
@josephbush Mind leaving info of your advisor here please?
She's known as a 'Heather Lee Larioni'. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
A company is going through challenging times and the boss takes a sabbatical - this does not mean that the person is not thinking about the business or strategizing or giving themselves space to make a vision for the future. What about mental health concerns? My mind might be fucked up and I can keep pretending to work - am I doing damage or favor to the business?
Mental health is merely the result of your thinking. Thoughts leads to emotions, emotions leads to actions. If you experience the wrong actions, it’s because you are thinking the wrong thoughts. Start by getting clarity of who you are and what you want in life. Vision, mission, values, in all aspects of your life. With this you can run any business and do most tasks.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Ava Maria Turner you're such a life saver.
That woman has changed my life for good. I attended her investment class couple of weeks last year and she's the best when it comes for Guidance.
Please I'm new to this, how can I get her assistance??
SHe's always active on....Nicegram
@InvestwithAva
Powerful! The culture of 1-3-1 should be a serious focus for companies to empower their people verses being a dictator of tasks.
As a full time creator who (accidentally) became an entrepreneur now needing to hire a team & delegate so that I can buy back my own time and continue to do the things that create the most value, this is SO incredibly helpful.
If I may offer a small suggestion to your content ppl to get cleaner audio - From what I can see, it sounds like the main audio source is coming direct from the room audio, which is great for catching ambient applause and laughter but not the best for getting “clean audio” of the speaker-
If whoever is capturing your content has an additional external audio source capturing only your voice (ie- a lavalier you’d wear on your person or a direct audio feed from the mic you’re speaking into) they’ll have a much cleaner audio capture! Best of luck & thanks for the great content!
Ok
I hit my 12 month goal in 6 months by working my butt of and then took a " Tracey" and that 4 weeks turned into 3 months of slow down. Now i need to double down and get back to the grind.
Let's gooo!!!
The 4 master skills you need to build 1 B company (leverage). Time x leverage = output
1. Capital to get more resourceful
2. Code software, automation and AI
3. Content. Create a system (save your time energy and money)
4. Collaboration its people. Transactional leadership (tell, check, next), transformational leadership (outcome, measure, coach), (hire people and tell them I hire you to create this outcome, tell how to measure their progress). Delegate the outcome, not the task.
Rules to become world class.
Going just half way, I've learnt a lot, but
2 things I take from here gonna be:
Time x Leverage = Output
&
SYSTEM = Save Your Self, Time, Energy and Money!
❤️💯
It's easy to stop teaching and do more when your team is not fulfilling their roles.
It's even easier to let them go after a while.
Taking the time to shift your focus toward culture and systems within an organization will solve most of those frustrations.
Phenomenal talk, thanks Dan
Appreciate the kind words🙏
Build the people and the people build the business
1:3:1 is absolutely GENIUS!! Can be applied professionally as well as personally!! I can use this myself to solve my big issues as well as my adult children. Absolutely love this. One my fave tips from you so far!!
note to self:
1. Buyback principle:
dont hire to grow your business. Hire to buy back your time.
2. Buyback loop:
audit our time and energy; a life of creation that you never have to retire from.
3. Million dollar companies are not built on $10 dollar tasks.
13;02
4. time x leverage = output (money resource time)
5. create leverage => system (save yourselves time energy and money)
6. 4 master scales: capital, code/software, content, collaboration
7. become a transformational leader, not a transactional leader
8. Delegate the outcome, not the task
9. Stop telling people what to do, start telling people where we are going, let them figure out how to get there and coach them along the way.
10. 1-3-1 rule: one challenge, three viable options, one solution/recommendation
Really annoyed with the people sitting at the back with the rude conversation and tapping while you’re speaking. Other than that… amazing
Appreciate you:)
thought i was going crazy
I agree! Amazing tips! Great video minus the annoying laughing people!
I thought I was hearing demons
I agree,I got halfway through and couldn't watch it anymore. Sorry Dan...
leverage is the key to enlarge the output by
1. capital 2. code 3. content 4. collaboration another new tool is AI tool
The concept of 'buying back' time and energy is mind-blowing.
Dan thank you so very much for posting this! Your videos help me greatly to understand and demystify the world I'm entering. 50 to fix it was a gift indeed and I will remember to pay it forward when I have an insight worth sharing.
Your slides and the way you organize info into Key terms and catch phrases works very well throughout your videos, and it's consistent. All the best!! Cheers!
My pleasure!
Tapping, laughing, chatting - so disrespectful
I ordered your book because of the video. It's one of the best videos I have seen in a while. Thanks! Would love the SOP for your assiant
Thank you so much! Message me “EA Freedom” on instagram
Intriguing premise! Can't wait to discover the essential skills required to build a billion-dollar company. Ready to unlock the secrets to entrepreneurial success.
The background noise is ruining this precious event.
No more than a detail. It could never ruin this presentation
Dan, this is definitely one of the most underrated sessions/videos! Thank you for sharing it with us.
Appreciate you🙏
EMPIRE-a life of unlimited creation you never have to retire from. 🔥🔥🔥🔥
I am a simple man, I see a Dan video - I watch and like.
Appreciate you:)
I believe. A BILLION DOLLARS IS ALOT OF MONEY; BUT I BELIEVE IF YOU FOCUS ON THE STRONGEST PILLARS THAT HAS BUILT BILLION DOLLAR BUSINESSES YOUR CHANCES OF REACHING A BILLION DOLLAR BUSINESS IS REACHABLE. LEADERSHIP/ FOCUS IS THE JEY TO THIS AS YOU BEGING TO CONTINUE SELF-DEVELOPE AND GROW YOUR TEAM OF TALENT WITH; YOU WOLL ACHEIVED THE POSSIBLE. THATS MY TAKE I LOVE THIS CHANNEL AND I TAKING THESE GEMS TO BUILD MY MINISTRY AND BUSINESS. THANK YOU. Dan Martell. Pastor Jeff Watson Nu-Dominion Ministreiz Cleveland ohio. Someone is listening and Watching; Thank You For the Value you've Added To my Life. Mega-Favor upon you Today and Family. 😁🙏🏻
This is a really powerful video. As a video editor I've been thinking of ways to find assistance and leverage so I can in more clients and essentially grow the business. I guess this was a workbook on why and how to do that
What the heck, Bro i searched everywhere on internet but couldn't find your billion dollars company...💀
He can't really teach it before he reached it
are you a millionaire?
you need a cancer to know how to cure one? @@tabbypappy
i watched this video 50% and then due to some urgent work i stoped it and then the next day when i tried too find out my YT histroy was paused and the video was also not in my liked section. but after a month really i found it and literally i searched so much to find it. ❤
best YT video I watched in months. Thanks Dan for the great content.
its a good one Dan!! people always want the end result without the sacrifices!! myself included, sabotage or short cuts whatever just to screw myself out my goals
Just discovered this channel and this brilliant man !!! Top Notch Content ❤.
P.S : It might sound shallow but I always give credit to entrepreneurs who look physically fit more than others. You can see that they apply what they actually preach.
Appreciate the comment! I also think success is more than money (health/wealth/relationships)
Brilliant! Thank you!
Appreciate you!
My question is , you know everything that is needed to build $1billion company and telling us these skills . Then why you wouldn't Build it . Its not these skill its more than it seems needed . Many things also matters . Most matter is the creative and business mindset
This is exactly what i needed to hear. Ive started different businesses over the years and always struggled with scale due to an addiction to DIYing. Ive also always known it was a problem too but struggled to do "the loop". Ive never heard anything so well explained to unpack the mechanics of scaling and freeing time. Currently i am still stuck micromanging operational details. What i do best though is breaking new ground with sales and building relationships. Why the hell am i still spending hours correcting the work of my people, when i should be growing this thing?
Did you create playbooks for your employees? Also, if you haven't thought about it yet, consider hiring people who are smarter than you in the field you are looking to employ them. Perhaps create a test for hiring, with questions that you know you can do 90% and use the 10% for questions you know you're not that good with. That's just an example. Some entrepreneurs struggle to find good employees because of ego-based beliefs such as "nobody can do it better than me". Ask yourself, is it better to have 1 person that does the job better than you and gets paid 1.5x or 2x the average, or two people on lower salaries whose every step you will need to micromanage.. That would drive you insane at some point. Hope my point of view helps you. All the best
@@denitsab.9815 Thank you for these tips and advice.
@@denitsab.9815this was actually really well explained.
Phenomenal talk. Love the simplicity and focus on building from ground up.
It is pretty extremely simple formula to be billionaire. Everyone can do it! All you need is rich parents, have a up to 1 million dollar loan preferably from your parents, connections provided by your parents, rich friends and lots of bullshitting you made it yourself!
You got a new subscriber and am glad i joined. I believe I'll learn so much a business man.
Which of these 4 lever of leverage the business modal like “airbnb” or any middleman modal falls into
(WAITING FOR REPLY)
Awesome, worked as a VA for many clients for many years, now I understand why they were continuously training me for new tasks every week.. hahaha
If you don’t mind me asking, were you a freelance VA or where you hired by an agency? I am in the very initial stages of exploring the possibility of starting a VA agency. Trying to ascertain whether people who need VAs would prefer a middle man to find the right person for them… many thanks!
@@SarahHannah91 Sorry, I just saw this message. I am currently working as a freelance VA. In addition to providing direct assistance to my clients, I also manage a team of individuals for certain tasks. My clients are aware and comfortable with me acting as an intermediary and receiving a portion of the payment for these services
Love that, "complexity ceiling" what a great constraint!
Everyone hits it. At different levels
@danmartell have you read Brad Jacobs' new book "How to Make a Few Billion Dollars"? (now on audible, yay) One of the great philosophies he has is that he LOVES problems, where most people are pained by problems, he gets happy, and he looks for huge bottlenecks everywhere he goes. It's such a great paradigm!
These points are also valuable for family life and raising kids!❤ especially teens!love it! And thank you!
I feel this session will be your great practice session for yourself. Good luck. Underline some that people doesn’t have much time and patience to listen your values and value creation methods. Make it sharp and shorter, thanks
Good feedback🙏 i’ll share with the team
Great talk. I’m glad to see my management style is in alignment 😊
Love it!
Astonishing content Dan! 💯💯... as always 🔥
That was great, thank you for helping me solve my leadership problems.
Glad you got value!
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings losing value because of high inflation. Where else can we keep our money?
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA Claire Robert’s Durand , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent
Packaging customisation, factory direct sales, welcome to enquire.
Probably the greatest video ever
A billion dollars is a lot of money, you need more than 4 skills 😂
Brilliant. Super relevant and educational video. Thanks Dan for hitting us with the reality.
Amazing datas. Really helpful
“If you want to be rich, be lazy; if you want to be wealthy, be incompetent.” The most profound and counterintuitive statement I have ever heard about entrepreneurship. Love it!
The background talking is terrible but the content is beautiful! Thanks, y'all 💃🏿
Thanks for these powerful lessons shared for free
Love it , iv stuff i need to do. This is the clarity ticket !
37:27 thanks a lot for this really important piece of advice that changed my entire goals and mentality
So many Gems! Thanks Dan 🏆
I've been in the working world for a long time now. I've been working since I was 7 years old. Started cleaning construction sites and doing farm work. Put myself through college. Worked in higher ed, large corporations, television, now govt. Most of that time, I've been trying to figure out how to become financially independent and off the hamster wheel. I've heard dozens of speakers. Read the books. Whatever. Maybe I'm just too old now, but after decades of trying to understand how this works, spending hard earned money, it all sounds like bull crap to me now. Catch phrases, antidotal stories, dares, put downs on my character for not being smart enough. I've heard it all. It sounds like televangelist talk to me now. "If you just had enough faith, sinner!" I wish someone would just tell me what to do and not what to think about it. I've always worked my 🍑 off. I'm pretty smart, I've been told by actual smart people. But other people just lie and lie and LIE with their hands out. This life is cruel and full of wolves. What was the point of all these words? Just go get some capital OH SHUT UP! You snakes.
We really enjoyed. 🎉❤
Great video very useful as a small business owner. I like the day to day tactical detail thank you!
Pumped you got some value!
This are principles that will help my business to transform, thank you Dan you nailed it!
Sales and marketing
You got a new subscriber, love your viewpoints!
Great presentation Dan.
Keep them coming!
3:58 Boom
As per my shallow financial background ;
CREDIT = DEBIT. ; ASSET = LIABILITY..
YOUR COMPANY IS (ALSO) ... 85% LOANS (From Bank(s)/Monetary institute.!!), Right.?
One Billion worth Company = $ 0.85 Billion of DEBT ; Good Luck, guys.
Enjoy while you can, Before the IRS came into your office.!! (If company didn't work well)
This video's title encourage me to ask.
do you have company values over 1B$ ?
Great very informative video. Basically we are looking for people who have the ability to transform the vision in to reaallity.
cool stuff! bravo!
Yes or Yes? Dan likes to use the phrase Yes or Yes?
BTW, i did enjoy your insights.
1. Engineering 2. Design 3. Marketing 4. Sales
This was gold! Thank you
How do you increase your maximum knowledge through speaking with people , book reading, thing your self or problem solving (arrange most prioritize to less)
Complexility ceiling
Thanks. 🙏🏻
I have a quick question for you:
I'm trying to get into email copywriting for Successful creatorpreneurs like yourself, what problems do you usually face with your emails when it comes to getting product sales?
Have you watched any of Dan’s other videos or read his book?
If so, you would know a better way to get his attention is to “give” him some ideas on how he could improve his company’s sales emails. (Make sure it’s a new twist that they haven’t already tried or thought about.)
He doesn’t even tell his employees how to do something- that’s why he hires them- he just wants a successful outcome.
He’s busy. Give him a reason to want to talk to you…
You missed the crucial step 5.
Stealing ideas = $899 million at least. Ask some of the guys on the list.
4 things...
Capital
Code
Content
Collaboration
Thankyou dan ,,, really helpful
Pumped you got vlaue
Forgot to include the 5th and most important skill: Government's subsidies
And just like that , I bought the book.
Appreciate the support!
My mission is to help entrepreneurs build a business they don't grow to hate.
I know you'll get value from it IF you apply the knowledge in real time
I don’t get the difference between the admins and the ELT
Great video, thanks
@danmartell, regarding setting up the outcomes for the leadership team, would you create the outcome for them, or would you ask them to create the outcome and then validate with them?
The second. Ask them and validate
Any book/ressources you'd recommend (or anyone reading this) to overcome the fear of starting up? The go from day 0 to day 1!
$100M MBA is a really good first read
It's surprising how under the radar the ebook The Comic Guide to Financial Bombs is. If you're curious, It is definitely worth a look.
Awesome 👏👏👏👏 many thanks from Zambia, in the heart of Africa.
This is gold!!!
Appreciate it!