How to Make $10,000/Month (even if you’re broke)
The Martell Method w/ Dan Martell
Dan Martell
4.9 • 626 Ratings
🗓️ 15 March 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
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Everyone wants to make $10,000 a month.
The truth is, it isn’t as easy as some people make it sound—but it is possible if you follow the right steps.
In this episode, I’m breaking down the 5 simple steps to actually hitting that $10K/month mark—no fluff, no shortcuts, just real strategies that work.
If you’re serious about making more money, start here.
Transcript
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| 0:00.0 | Everyone wants to know how to make 10K a month. |
| 0:02.6 | The only issue is there's a lot of BS out there. And there's a lot of people that make it seem way easier than it actually is. So I'm going to share with you the five main steps you need to take in order to get to your first 10K a month. Welcome to the Martel method. I went from rehab at 17 to building a $100 million empire and being a Wall Street Journal bestselling author. |
| 0:22.1 | In this podcast, I'll show you exactly how to build a life and business you don't grow to |
| 0:26.5 | hate. My bestselling book, Buy Back Your Time is out now. Grab a copy at buybackyourtime.com or at any of your |
| 0:33.2 | preferred online retailers. Starting with picking the right business model. I struggle from 17 to 24, |
| 0:40.1 | and it wasn't until then that I made my first 10K a month. Picking the right model can be the difference |
| 0:45.2 | between a headwind pushing you backwards or a tailwind pushing you forward. So I analyze all the |
| 0:51.4 | business models, all the industries for the past 12 months, and I put together |
| 0:55.3 | the top four best business models in 2025. Number one is a product business with 50 to 60% |
| 1:01.6 | gross margin, which means that if I buy something for a dollar and I sell it for five, $4 is my gross |
| 1:07.8 | margin. You don't want to choose a business with a low gross margin. For example, |
| 1:11.8 | restaurants, really low gross margin. Stay out of that. A product business is essentially |
| 1:16.1 | finding some kind of product or widget that people are buying today, seeing if there's a unique |
| 1:20.9 | twist that you can put on it and selling it online. This is all the drop shipping businesses, |
| 1:26.1 | the e-commerce stuff, the micro brands. |
| 1:28.4 | What makes the product business one of the best business models in the world is that you can |
| 1:32.2 | actually sell it without ever building it, taking possession of it and fulfilling it to the |
| 1:36.6 | customers. |
| 1:37.1 | It's like the easiest set it and forget it business model out there. |
| 1:40.0 | Number two is agency model. |
| 1:41.8 | The agency model is usually between 60 and 70% margin. |
| 1:45.1 | And this is where you find problems that customers have, product ties your service to them, |
... |
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