Dan Martell
š¤ SpeakerAppearances Over Time
Podcast Appearances
Short-term greedy might get you what you want today, but it stops you from getting what you want long-term.
What he was trying to say is that I could ask for the investment terms I wanted today and people will pay for it, but then I'm gonna have investors that I might not need for the long-term journey.
Where he said, if I'm long-term greedy, then I'm gonna give my investors the right terms to capture the right investors so they support me over the long-term.
You can only get rich this year by wanting to build an empire for the next 50 years.
If you don't fall in love with the idea of making money over a long period of time, then your desire to find the flash in the pan will actually be your kryptonite.
That's why being long-term greedy is always broken down into the three S's of wealth.
The first S is sell.
This is the skill you need to develop.
You get your first client, you start to get the machine turning, okay?
The second S is scale.
Once you get dozens of customers, then you have to scale it up.
You have to tighten your systems, which stands for save yourself time, energy, money, and stress.
You raise your prices because you're adding more value.
You improve your offer.
You work on your team.
You get to a place where it almost feels easy, but that's where we go to the third S, which is stack.
Once you have one machine working really well, which every business can get to a place where it's producing cash, you can now add other offers or other products on top of your service, either through partnerships for things that you like, or you build yourself, or you could even buy other AI companies to sell into your existing customer base.
That is the goal.
is to build an empire.
It's to create a life of unlimited creation you never have to retire from.