I Asked Codie Sanchez How to Make Your First $1,000,000
The Martell Method w/ Dan Martell
Dan Martell
4.9 • 628 Ratings
🗓️ 22 March 2024
⏱️ 52 minutes
🧾️ Download transcript
Summary
▸▸ Watch Codie's Latest Youtube Video: https://www.youtube.com/watch?v=fF6RXrN4wP4
▸▸ Get My New Book (Buy Back Your Time): https://bit.ly/3pCTG78
Just stepped off the stage with Codie Sanchez, a force to be reckoned with in the world of investing and entrepreneurship.
Together, we dived deep into the lessons learned from our time in the trenches of building businesses.
Codie, known for her unparalleled insights into growth and investment, shared wisdom that could only come from someone of her stature and experience.
Here's a moment that got everyone talking: I asked Codie what business she would start to make her first million if she was starting from scratch.
Her response?
BLEW. MY. MIND.
I've posed this question to countless successful entrepreneurs, but never have I received an answer like Codie's.
It was so friggin awesome that it alone could change the way you approach your entrepreneurial journey.
Today’s episode is a behind-the-scenes, closed doors, look into a private interview with me and Codie at a small, private mastermind.
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Twitter: @danmartell
Transcript
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| 0:00.0 | Welcome to the Growth Stacking Podcast. This is Dan Martel. |
| 0:05.0 | Most people have read like Tim Ferriss's Four Hour Work Week, and I feel like this is that book now on steroids. |
| 0:13.0 | When you went and wrote this, what was the one piece of this book that you thought, |
| 0:17.0 | why doesn't anybody do it this way? |
| 0:19.0 | It's not what everybody would want to learn. |
| 0:21.7 | It's kind of the chocolate broccoli. |
| 0:22.8 | Like people, I wrote that book that way, |
| 0:25.1 | because I knew it would get people to start the book. |
| 0:26.9 | But the broccoli is actually, like, |
| 0:28.6 | towards the back part of it, and it's transformational |
| 0:30.8 | leadership. |
| 0:32.2 | So like most people that run companies |
| 0:35.0 | don't realize that they are actually a little insane. |
| 0:39.6 | Right, Cody? No, not at all. Not over here. We are nutty and I mean we have to be because we're |
| 0:44.3 | deciding to do stuff that very few people do, right? Which is start companies by companies, which is if everybody did it, it wouldn't be abnormal or extra. So |
| 0:52.1 | transformational leadership is a simple concept that when you |
| 0:55.9 | have people that report to you, okay, there's two ways to do it. You can do transactional leadership |
| 0:59.9 | or transformational. Most people, if you've never been taught any different, it sounds super |
| 1:04.2 | logical that you do transactional leadership, which is you hire somebody, you tell them what to do, |
| 1:09.3 | you check that they got done, and you tell them what to do next. Most of us have experienced this in our work capacity. This is how we've always |
| 1:16.0 | done it, and it sounds super normal. The problem with that is that as you hire more people, and it |
| 1:21.8 | usually happens around a dozen folks on your team, direct reports, where you'll wake up in the |
... |
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