These 8 Habits Are Keeping You Poor
The Martell Method w/ Dan Martell
Dan Martell
4.9 • 628 Ratings
🗓️ 15 March 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
▸▸ Get My New Book (Buy Back Your Time): https://bit.ly/3pCTG78
Ever wondered why some people are so wealthy while others struggle from paycheck to paycheck?
While writing my book, I dove deep into this question.
I sought answers beyond the obvious.
And I realised that what separates the wealthy from the poor isn't luck or talent…
It's our habits.
So if despite all your hard work, the needle on your financial success seems stuck…
Chances are it's one or two of these 8 bad habits that are keeping you poor.
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Twitter: @danmartell
Transcript
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| 0:00.0 | Welcome to the Growth Stacking Podcast. This is Dan Martell. What makes someone financially successful? |
| 0:11.5 | Why are some people so wealthy while others literally struggle from paycheck to paycheck? |
| 0:17.7 | While I was writing my book, I had to ask myself this question. And I realized the only |
| 0:21.5 | difference between the rich and the poor are habits. And I was able to distill all the bad ones |
| 0:27.0 | into these eight habits that are keeping you poor. The first habit is the status chaser. This is |
| 0:33.9 | the person that literally lives way above their means to impress people. |
| 0:38.3 | I mean, it's the folks that get out of university or get the first job and go and buy their life on credit. |
| 0:43.3 | You know, they get the furniture, the apartment, the BMW lease, all these things to impress other folks. |
| 0:48.3 | And the crazy part is they're buying things they can't afford to impress people they don't even like. |
| 0:53.3 | It's theoneses that they |
| 0:54.6 | talk crap about that person will always cause themselves to stay poor because they never get ahead |
| 1:00.6 | they're okay being in a deficit they got the credit card when they were in 12 years old they've |
| 1:05.1 | learned that consumer debt it's okay it's not that bad i'm my credit. Yet they don't realize that they're stuck in the |
| 1:12.7 | rat race. They're stuck in the hamster wheel of consumer debt that is designed to keep them poor. It's their |
| 1:20.0 | habits and their choices around that. Status chasing will always keep you poor. The second habit is |
| 1:26.2 | the staller. This is the person that has opportunities |
| 1:29.5 | that are presented to them on their doorstep. It's right there. But yet their lack of action, |
| 1:35.1 | their dragging of their feet cost them the opportunity. I talk about this in my book, but I once |
| 1:40.2 | emailed one of my clients in my program SaaS Academy to ask them if they wanted to be a partner. |
| 1:45.7 | I had an opportunity. It was very exclusive for them. Their customers were literally my clients. |
| 1:50.4 | And I emailed them and I said, hey, here's what I'm thinking of doing. Would you be interested in learning more? |
| 1:55.0 | And that email stayed in their inbox for 20 some days until they decided to reply. |
... |
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