Dan Martell
π€ SpeakerAppearances Over Time
Podcast Appearances
So that will start to delete the old software in your brain, but what do you replace it with?
Bucket number three, install the new software.
This is where things get really interesting.
I want to bring back the phone example again, because once you've cleared that old software and you deleted it, now you're able to install new software because the hard drive's open to make it even more effective.
So let's talk about billionaire rules that help you install your new software.
Which leads us to billionaire rule number three, look for leverage, not labor.
Most people think more work equals more money.
Billionaires think more leverage equals more money.
Leverage means a little bit of input and a lot of output.
You know, if you haven't heard Archimedes quote, he says, give me a place to stand with a lever and I can move the world.
Meaning that with the long enough stick, if he was sitting in the right place with the right lever and he pulled on it, he could literally create the force to lift the world.
For me, I learned this from a billionaire mentor, Naval Ravikant, because he breaks it down into four Cs of leverage.
There's only four ways that if you study and master them, you can create anything in the world without hammering your calendar.
And the first C is code.
Those tools are incredible leverage to get a lot of output because you create it once and it lives forever because it doesn't take you doing anything for the computer to continue to run every night and crunch numbers to actually get your result.
The second C is content.
And if you think of content in two buckets, both the ability to create a checklist or a playbook for how something should get done, or for you to document your content for your ideas to give it out to the world, I believe your genius is better used as content than as labor.
The third C is capital.
And I'm sure you've already heard this, which is it takes money to make money.
It takes you understanding how to deploy your dollars to work through investing to actually make money.