27 Years of Business Knowledge in 27 Minutes

The Martell Method w/ Dan Martell

Dan Martell

Entrepreneurship, Business

4.9 • 628 Ratings

🗓️ 26 July 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

>> Get My Book (Buy Back Your Time): https://bit.ly/3pCTG78

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Since the age of 17, I’ve only done one thing: building businesses.

Fast forward 27 years, and I’m the founder of Martell Ventures, a portfolio of companies generating over $100M in revenue.

Every week, I get thousands of DMs from business owners seeking advice, and I see the same stuff come up often.

So, I’ve decided to share all my best business knowledge in today’s video.

This video is packed with insights and strategies to help you start, grow, and eventually sell your business, all while maintaining your sanity.

I’ve distilled 27 years of business experience into this short video, covering:

The worst mistake most people make when starting their first business
The best advice I got from Steve Jobs on how to choose the right industry
The #1 skill that you need to work on to start a successful business
The biggest lever you can pull to grow your business (even if you’re just in the early days)
The exact process I use to sell a business I bet it wouldn’t have taken me 27 years to achieve what I’ve achieved if I’d watched this video in my 20s.

27 minutes to save you a few years?

Sounds like a good deal to me.

IG: @danmartell

X: @danmartell

Transcript

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0:00.0	Since the age of 17, I've only done one thing, build businesses.
0:04.0	Today, 27 years later, I'm the founder of Martel Ventures, a portfolio company that makes over
0:09.1	100 million a year in revenue.
0:10.9	And I get thousands of business owners DMing me on Instagram every day for help, but I only
0:15.2	have time to respond to a few a day.
0:17.0	So today, I want to give you all of my knowledge for free.
0:20.1	Everything you need to start, grow, and exit your business and as little time as possible.
0:24.9	The first thing you need to do is start.
0:26.9	Welcome to the Martel Method.
0:28.4	I went from rehab at 17 to building a $100 million empire and being a Wall Street Journal
0:33.3	bestselling author.
0:34.7	In this podcast, I'll show you exactly how to build a life and business you don't
0:38.8	grow to hate. My bestselling book, Buy Back Your Time is out now. Grab a copy at buybackyourtime.com
0:44.8	or at any of your preferred online retailers. So the first business ever started was a vacation rental
0:50.2	website, think Airbnb, but I built it for my dad. He was asking me to build a web page for his cottage and I thought my dad needs a web page for his college. Maybe there's other people. So that's what I did. I essentially convinced my dad it was going to cost like 500 bucks to host his web page. He's like, I thought it was free. I'm like, trust me. Took the 500 bucks, went and paid for hosting for a server for a year,
1:11.3	which allowed me to build this site, this app.
1:13.9	Then I had to figure out how do I get more customers
1:15.6	to pay me for a web page for their cottage?
1:19.0	And my buddy Dave gave me this crazy idea.
1:21.2	He said, there's a tourism guide that's got all the bed and breakfasts.
1:24.6	You should talk to that.
1:25.7	So what I did is I have my little brother entering all the contact information from this tourism guide into a Microsoft access database
	...

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