If I Wanted to Go From $0 to $1M Company, I’d Do This
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- Опубліковано 6 жов 2024
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24 months ago I had one of the craziest periods of business.
Several things happened and I just freaked out.
Out of frustration, I decided to go on Slack and I wrote out a chat post.
Probably should have slept on it right?
Nope.
In that moment, I essentially told the whole company:
“This is my vision, this is what we're doing, we're making it about the customers. And if you're not on board, I will pay you $15,000 To quit immediately.”
I hit post.
But here's the problem…
Some of the people we wanted on the team took my offer!
Why?
Because they were just fed up with the drama.
You see, I woke up one day, and I realized that I didn't enjoy going to work and I had a culture problem.
I didn't even want to go to meetings.
And I started figuring out there were some people on the team that shouldn't have been there.
Here’s the deal
C players will cost you your A players.
This lasted for about six months.
And it put me into a tailspin.
I was sad and I'm not a sad person.
I was having anxiety problems.
I was a little depressed.
And I'm on vacation in Costa Rica with the family and I was on my phone pacing on the patio pacing up and down the pool area.
So after losing more than 30% of my team I finally called my business partner, Matt.
He and I own a venture capital firm called High Speed Ventures.
I asked him if he’d come over to SaaS Academy for the next six months and maybe help me fix this.
His response: “I was wondering how long you were going to wait before you asked me that.”
What I learned over the next four months is what I want to share with you today because it allowed us to build the company to almost $20+ million in the next 12 months.
And we built one of the highest culture NPS scores we've ever achieved.
These are the 3 things that changed everything for me.
Instagram: @danmartell
Twitter: @danmartell
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.
The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
@@ThomasChai05bravo! i'm 46, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in view of retirement, can your advisor be of help please?
Yes indeed.... *Izella Annette Anderson* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
1- know their dreams
Their vision must be able to [PERSONALLY] fit in yours. Which means you must dream HUGE
Use the magic wand question
2 - craft the culture
U teach people how to treat you
But you also lead by example
3 -
I really appreciate the dedication in each video you post. Building a steady income is quite difficult for newbies. Thanks to Elizabeth Wesley for improving my portfolio. keep up with the good videos.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
I paid off my $829k 2.625% 15 years loan in 25 months. Started in October 2020 last payment was November 2022. Now totally debt free with 3 paid off rentals. Love having no debt for the last 1.5 years. Thank you Elizabeth Wesley
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
This is a really good video Dan. I’m building my business with my son and each month we write out our goals for the business and life. We write yearly ones out too. Most days we have an impromptu meeting about where we are at, where we are headed, if either of us have new ideas for business and life and so forth. We will be taking on employees soon too so intend to do the same with them too.
WoW, Thanks for sharing, What most resonated with me was,
Become the best version of my self
Become the person God created on his image
Become the Person I need on my darkest days
Printed and is now on top of my monitors in my home office
Last, Share what worked, with other people, because when we help other people we help our selves.
Thanks again❤👌
Appreciate the comment🙏
I'm glad you talked about GOD.
You know it
I tried to take my life at 13 years old. My grandma said she saw in her dream Virgin Mary protecting me at the hospital. Forever grateful to have survived.
I am now 22 years old, going to the university, working, writing & drawing, educating myself on money, with no debt or addictions etc.
We are born to lead, especially us, eldest daughters.
I still have difficulty in losing weight, socializing etc. Depression, environmental factors, lack of wisdom set me back in sooo many eays.
But I carry on.
YES, carry on! You are STRONG ... a "Princess Warrior!" (& God bless you, look to Him too for help & strength! Faith helps us fight and move forward...) Peace & Love to you! 😊
@@derekgisburne8980 thank you ❤️😊
Dude, you are so inspiring. You are everything I want to be and achieve as a human. Thanks for posting these videos and sharing with us.
I was lucky enough to work for Starbucks during the Charles Schwab years for 10 years and saw firsthand how these principles work. You’ve taken that up times 10. I have an innovative product that has taken on a life of its own and I’m ready to grow this thing into a multi-million dollar business. Your videos are invaluable to me and I have bought your new book and can’t wait to read it!
Look out for me in the future! Would love to meet you when I rise to the top!
Dan I am grateful I ran into you. 🙏You are amazing soul and am happy to see that you you guys also exist meaning you dont need to sell your soul to have millions in your pocket. With Integrity, honesty, faith in good, being in service to others you can get to wealth and abundance and sleep good at night😃
Thank you for doing this videos and inspiring us to go big in life🤗
Great point on the Cs costing you As. They also take up a lot of time and energy, stealing your focus.
So many great points in 30min
100% such an underestimated skill
Thanks @@danmartell (or Dan's Brazilian assistant's assistant). 😂
I've come to understand that some people seem to attract wealth effortlessly because they've honed their ability to spot lucrative opportunities before anyone else.
So true
That skill can be learned
morlest- forbidden money books (thank me later)
Great job Dan! Thanks for posting! Definitely dropped some monumental gems!
💎 💎 💎
🙏🙏 pumped you got value
Just in time for me to revisit where we stand as a company.
You got it👊
Thank For your Sharing
You are amazing man! thank you for being you 💛
🙏🙏
Bloody brilliant - cheers for that knowledge hand grenade
Appreciate the kind words!
What a great talk. Wish I would've been there in person
Appreciate you🙏
Thanks Dan. Very timely for me. Stalled at $20M+ need to help the team get to a new level. God is good!
Message me on IG… can help you get clarity and sequence strategies
Game-changer for maintaining a strong team dynamic.
Yyp
This makes perfect sense.
Thanks for this sharing. Great points
I admire your vision ❤😊 I feel like you just saved me years of mistakes! God Bless
Wow, another successful person being vocal about Lord Jesus Christ! Blessings!!
Dan… you are the 🐐! I’m watching this one again. You have lit a fire within me! Woooo 🔥🔥🔥
Let’s gooo!
Thank you for sharing your success and knowledge with us you are so kind and helpful i really appreciate your kindness thanks alot you get more happiness
The stage content is back🔥
You know it
"Put that in the back of my mind she wants to live in Brazil. " uh...you mean Florida?
I absolutely love your work Dan! Your an inspiration. Thankful Jesus is in your heart. It's awesome to see you living out your purpose and giving Him the glory. Thank you Chrissie
First like, man !!
Cheer for US in Eurocup , love from Portugal. 🇵🇹🇵🇹🇵🇹👍🙏
🙏🙏🙏
Ok everything you said in this video is golden, but that last part is absolutely 💯 moving….inspirational…and so much of what our society needs to hear. God bless you for using your influence to promote better person and world ❤
Appreciate you!!
Excellent Dan.Thank you.
Brutal 🙌
El ingenio de Carles es alucinante, es infinito e irresponsable.
Solo eché de menos que le dieses un listado de argumentos técnicos sólidos e irrefutables para explicar la forma esférica de la tierra.
Thank you for sharing
Great perspective. Wish I had a mentor like you. I’m going to get your book now🙏
Let me know how it goes!
Love hearing back from readers
IG works best
Aaaaah ok… you’re helping me connect the dots/confirm some concepts in the book I read by Matthew Kelly, Dream Manager! Wow! Dan Martell, my man you’ve done it again!
It all goes back to personal development and accountability. This, I gotta watch again. Thank you good sir! 🔥🔥🔥🔥🔥
You got it;)
Amen!
The C-players and (D-players) will definitely will cause you to lose your A-players.
I have seen this so much.
Dan is the first among leaders/influencers, I have seen, to show that he really cares about this.
It’s a life mission for me.
Shine light on things most business owners don’t want to talk about.
This is so amazing Dan! Thank you for sharing!!!❤❤❤
❤️🙏
Great info.
Thanks ❤
Appreciate you!
Wow. This is extraordinary #leadership content!
I believe these stories, alot of rich insight here.
"We build the people, the people build the business."
Yup💪
Hi Dan,
I read your book, it’s great, my mother needs your help she has a restaurant business and is destroying herself, her pain line is at max since 3 years.
I need you help for her my
Message me on IG
People are obsessed with short term gains. Investments are a game of chess. What you invest now will benefit your grandchildren in decades to come. Generational wealth.
Yup. Agreed
Such amazing insights, Fantastic ❤❤❤❤❤
Appreciate you!
Awesomeness ‼🔥🔥🔥
Appreciate you!
Great video. Also, what shirt are you wearing? Looks comfortable but dressy.
Kit and ace! Great brand (not a sponsor)
@@danmartellthanks! I’m going to give them a shot
Damn so great!!!
Great video. But what are those 3 skills 😅
Craft the culture 😊
Awesome content
Good stuff😊
💙
ARRIVED AT 999 👍👍
so what are the 3 skills to get rich?
Acquire Talent
Train Talent
Retain Talent
"At 17." 🙏
Love it
Pumped you got value!
first
Great title clicked for the skills title... scrolled through saw it was just you talking and walking...
very useless
You clearly didn't listen or understand. Best of luck to you on your endeavor working for someone else.
Love you from India