I became a millionaire in my 20s and it sucked lol

The Martell Method w/ Dan Martell

Dan Martell

Business, Entrepreneurship

4.9 • 626 Ratings

🗓️ 5 October 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

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I became a millionaire at 27, and it sucked.

I was working 100 hours a week, my health was at risk, and I lost all my friends.

I felt like a freaking loser.

So in this video, I’m sharing all the mistakes I made through building and selling 3 multi-million dollar companies.

Including some controversial topics most business owners shy away from.

These are the 6 reasons why making millions can actually suck and how to avoid them.

Here’s what you’ll learn:

The "5 Fs" framework that helps me build a life I love
The 5 signs you have fake friends
The ‘50/50 Formula’ for preserving your wealth
How to stop being a prisoner to your money and start enjoying it
The truth about why you should avoid wealth preservation (and what to do instead)
Return on Investment vs Return on Lifestyle
How to become addicted to your expansion

IG: @danmartell

X: @danmartell

Transcript

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0:00.0	I became a millionaire at age 27 and actually sucked.
0:03.4	I'm going to share with you all the mistakes I made through building and selling three
0:07.3	multi-million dollar companies and how to avoid them. This is everything from losing all my
0:11.7	friends to some controversial opinions that most business owners shy away from. So these are the
0:16.4	six reasons why making millions can actually suck. Welcome to the Martel Method. I went from rehab
0:22.8	at 17 to building a hundred million dollar empire and being a Wall Street Journal best
0:27.2	selling author. In this podcast I'll show you exactly how to build a life and business you don't
0:32.3	grow to hate. And make sure you don't miss anything by subscribing to my newsletter at
0:36.0	martel method.ad.com.
0:46.6	The first reason is money doesn't make you happy, but this will. So when I became a cash millionaire at 27 years old, I was working 100 hours a week. My health was at risk. And I got
0:52.1	to a point where my relationship disintegrated in front
0:55.3	of my eyes, I felt like a freaking loser. My whole world imploded in on itself. It got so bad,
1:01.5	a doctor told me I had to walk around with an anxiety rock that I would squeeze anytime I felt
1:06.3	the pressure of the situation on my chest. It was like an elephant was literally standing on my chest
1:11.8	and I couldn't fix it. People think it's about making money, but having all the money in the world
1:15.9	will not make you happy. I know it's easier said than done. Some of you guys like, well, test me out.
1:20.3	Wire me the money. People say, if I won the lottery, I would go on a beach and drink my tithes.
1:24.9	Trust me, I've done that. And it gets old really quick. It's been
1:28.1	long proven that retirement actually increases the risk of mortality. Interesting, right?
1:32.4	Humans are built to create, not stagnate. Our default being is expansion. A child is born and
1:38.6	grows. Seeds are planted and grows. People go, I just want to be happy. You know what happiness is?
1:44.1	Happiness is
	...

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