#29: Dan Martell
The BetterLife Podcast: Wealth | Real Estate Investing | Life
Brandon Turner and Cam Cathcart
4.8 • 767 Ratings
🗓️ 25 September 2023
⏱️ 68 minutes
🧾️ Download transcript
Summary
Dan Martell is a Canadian entrepreneur, investor, best-selling author of "Buy Back Your Time," and coach to over 1000+ SaaS founders.
In this episode, Dan shares how a chaotic childhood and bad decisions landed him in prison as a teenager; how a conversation with a guard and a single book changed the course of his life; and how he applies business principles to improve his health and well-being while deepening his relationships with his wife and sons.
He also speaks about:
- Being diagnosed with ADHD at a young age, getting involved with drugs and crime, and ending up in prison twice before the age of 17
- How a respected guard questioned why he was in prison and expressed that he doesn't belong there, which motivated him to make positive changes in his life
- His journey as a self-taught programmer and becoming a millionaire at 30
- Why he hired a business coach for $1500/month before he even had an idea for a company
- How to avoid building a business you come to hate
- Applying business planning and tracking methods to improving your relationship with your family
- How to get your kids to listen to you by becoming someone they want to emulate
- The importance of choosing words carefully when describing children
- The value of auditing your time and energy
- The ‘Buyback Loop’ for hiring people to buy back your time, rather than hiring them solely to grow your business
- Buying a jet (!) as the ultimate "buy back your time" move
Books mentioned in this episode:
Buy Back Your Time by Dan Martell
The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael E. Gerber
Love Is the Killer App: How to Win Business and Influence Friends by Tim Sanders
Think and Grow Rich by Napoleon Hill
Dan’s charitable cause:
The Boys and Girls Clubs of America, which has a vision of “assuring success is within reach of every young person who enters their doors, with all members on track to graduate from high school with a plan for the future, demonstrating good character and citizenship, and living a healthy lifestyle”.
BONUS:
Send Dan an Instagram DM with the keyword ‘EA’ and he will send you his assistant SOP document.
Connect with Dan on socials:
Https://www.instagram.com/danmartell
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Ken Nickerson to this day, one of the major reasons I moved to Silicon Valley to build my other two venture back companies, |
| 0:07.0 | is because he gave me that advice and encouraged me to go. |
| 0:10.0 | Like, that one email from Frank McKenna changed my life forever. |
| 0:14.0 | And that's when I really understood the power of mentorship, being around people that have done it before, |
| 0:20.0 | because they compressed |
| 0:21.7 | decades in the days, man. |
| 0:27.1 | Welcome to A Better Life with Brandon Turner. That is me, where world-class guests share their |
| 0:32.3 | wisdom on building a better life. Join me as we explore the habits, the actions, and the |
| 0:36.7 | beliefs that have guided their journey |
| 0:38.1 | with the aim of helping you |
| 0:39.7 | apply those lessons to your own. |
| 0:57.3 | Dan Martel, thanks for coming. |
| 0:58.5 | Brandon, my pleasure, man. |
| 0:59.4 | This is going to be fun. |
| 1:03.0 | I'm committed to making this one of the best podcast conversations you've had. |
| 1:03.4 | Dude. |
| 1:04.8 | And I know you've had the best. |
| 1:05.7 | Had some good combos. |
| 1:07.3 | But it's because we're going to plug in. |
| 1:07.8 | All right. |
| 1:08.6 | It's just you and I. |
| 1:09.2 | I love it. And I'm an open book. |
... |
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