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The Martell Method w/ Dan Martell

the only 3 skills you need to get rich...

The Martell Method w/ Dan Martell

Dan Martell

Entrepreneurship, Business

4.9628 Ratings

🗓️ 21 June 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

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

24 months ago I had one of the craziest periods of business.

Several things happened and I just freaked out.

Out of frustration, I decided to go on Slack and I wrote out a chat post.

Probably should have slept on it right?

Nope.

In that moment, I essentially told the whole company: “This is my vision, this is what we're doing, we're making it about the customers.

And if you're not on board, I will pay you $15,000 To quit immediately.”

I hit post. But here's the problem…

Some of the people we wanted on the team took my offer! Why?

Because they were just fed up with the drama. You see, I woke up one day, and I realized that I didn't enjoy going to work and I had a culture problem.

I didn't even want to go to meetings.

And I started figuring out there were some people on the team that shouldn't have been there.

Here’s the deal C players will cost you your A players.

This lasted for about six months.

And it put me into a tailspin.

I was sad and I'm not a sad person.

I was having anxiety problems.

I was a little depressed.

And I'm on vacation in Costa Rica with the family and I was on my phone pacing on the patio pacing up and down the pool area.

So after losing more than 30% of my team I finally called my business partner, Matt.

He and I own a venture capital firm called High Speed Ventures.

I asked him if he’d come over to SaaS Academy for the next six months and maybe help me fix this.

His response: “I was wondering how long you were going to wait before you asked me that.”

What I learned over the next four months is what I want to share with you today because it allowed us to build the company to almost $20+ million in the next 12 months.

And we built one of the highest culture NPS scores we've ever achieved.

These are the 3 things that changed everything for me.

Instagram: @danmartell

Twitter: @danmartell

Transcript

Click on a timestamp to play from that location

0:00.0

I went from hating the place I worked at to not only changing the whole culture and loving the place,

0:06.0

but working my way out of being involved or running the business and it continues to grow every month and make more money than when I was actually CEO.

0:14.2

I want to share the three things that changed everything for me.

0:22.1

Welcome to the gross stacking show.

0:23.9

This is Dan Martel.

0:25.2

If you love to read, my new book is out, Buy Back Your Time.

0:28.7

You can get it on Amazon or any other retailer where books are sold or buybackyourtime.com.

0:34.3

It's going to help you build a business so you don't grow to hate.

0:37.1

Buy back your time.

0:38.2

If you read it, I would love, love, love a review on Amazon so it could help it get in front of

0:42.6

other people just like you. So let's get in this episode.

0:52.6

I built a company called SaaS Academy. It's the largest coaching organization in the world for software CEOs.

0:58.0

We grew it to almost, I think, 12 million in four years or something crazy like that.

1:04.0

Team of 65 people doing incredible 1,000 plus clients, everybody calling.

1:10.0

Tony Robbins called and asked us, hey, how did you guys do that?

1:13.3

Like literally, we're on top, you know, cloud nine.

1:17.6

And I realized I had a culture problem because I didn't even want to go on meetings.

1:23.6

Has anybody ever been to that position where they work with somebody and they don't even want to talk to them?

1:27.5

All right, cool.

1:28.3

So you guys can at least resonate with that.

1:30.9

Well, it confused me because I'm the guy that has built in exited companies and no leadership and all this stuff.

1:37.4

And I started figuring out there were some people on the team that shouldn't have been there.

...

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