The Martell Method w/ Dan Martell
Stop Wasting Your Life - 7 Things I Quit to Go From Broke to Millionaire
Wed, 13 Nov 2024
Get The Book (Buy Back Your Time): https://bit.ly/3pCTG78 Subscribe to My Newsletter: https://bit.ly/3W2tjp2 When kids come up to me in any of my supercars… They always ask me the same question. "What do you do?" My answer is always the same. "It's not about what I do, it's about what I don't do" In this video, i’m going to break down the 7 things I quit… To be able to go from broke to a multi-millionaire. So hopefully you can start applying some of these into your life. IG: @danmartell X: @danmartell
Chapter 1: What are the seven things to quit for success?
Stop wasting your time. I'm going to share with you the seven things that I quit to go from broke to multi-millionaire. When kids come up to me in my supercars, they always ask, what do you do? But I always share with them, it's not what I do, it's what I don't do. Welcome to the Martell Method.
I went from rehab at 17 to building a hundred million dollar empire and being a Wall Street Journal bestselling author. In this podcast, I'll show you exactly how to build a life and business you don't grow to hate. My best-selling book, Buy Back Your Time, is out now. Grab a copy at buybackyourtime.com or at any of your preferred online retailers.
Starting with number one, don't spend time with people who suck your energy. I call them energy vampires. So I grew up with this friend that I've known since elementary school, and I realized that he'd only ever call me when he needed something from me. Never called me when I had something to share that was good. He never called me when he heard that I was having a hard time.
He never called me for any other reason than he needed somebody to help him move something or maybe borrow some money or he was bored. And I realized that is not the kind of friend I want in my life. So I just decided to stop responding to his calls to create some space to not respond so quickly. I asked myself one day, What does a great friend look like?
And it occurred to me, there was no part of the characteristics of what a great friend would act like. He was acting. And yet I just believe because I sat next to him in math class that I had to be friends with him for the rest of my life. That's crazy. Spend time with people who want more for you, not more from you.
There's a lot of people out there, and if they're not a good friend when you're winning and an ear when you're not doing well, you don't want those people in your life. And that's why I call it a friendventory. You want to audit the people around you and cut them out if they're not supporting your dreams. If they make it hard for you to win, why would you want those people in your life?
And the cool part is if you say no to somebody, you eventually say yes to a new friend. You create the space for somebody new to come into your life that can support you and propel you forward. The way I think about it is today's energy shapes tomorrow's reality. So I have to protect my energy. If you want your life to get better, you have to change your energy.
You have to show up with more positivity and opportunity and positive expectation. That's how you change your life. And the truth is, is your environment is everything. Think about it. You could have the most positive attitude and wish that everything is hot. But if I put you in a commercial freezer, you're going to freeze to death.
Your environment sets your internal thermostat, not your positive attitude. So make sure that you really audit the people around you. If you want to stop wasting your life, the first thing you need to do is cut out everyone sucking your energy. Which brings us to number two, which is don't ask for advice from people who haven't done what you want to do.
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Chapter 2: How can energy vampires affect your life?
Oftentimes, we already know what we should have done. We've read that book, but did you do the things in the book? So my recommendation is figure out where you're stuck in life and only read books that can help you unlock the next skill you have to acquire, the belief around the world, or implement a habit in your life that'll get you incredible results. I call it just in time, not just in case.
You can recommend a book to me. I'll buy it. It'll probably sit there until I have the need and I go, oh yeah, somebody recommended a book on that topic and then I'll go study it. Same goes for all my information, my YouTube videos, my podcast, resources, courses I buy. I queue them up and I study them when I have the problem, not just because I bought it.
Most people read or consume courses or hire a coach just so they can feel good about themselves because the easiest decision is to spend money. I call it shelf help. You're just consuming knowledge to put on a shelf to have a badge that you can tell people, I read that book, but are you doing what's in the book? If the answer's no, stop, study, execute.
So if you wanna stop wasting your life, take action on the things you learn instantly. Before we get back to this episode, if you prefer to watch your content, then go find me on YouTube. I have this episode on YouTube. I'm Dan Martell on YouTube. Just subscribe to the channel, turn on the notification bell, because then you'll get notified in real time. It'll tell YouTube to tell you.
I've got a new episode, so you'll never miss anything. Now let's get back to the episode. Which brings us to number seven, which is don't compare yourself to anyone but yourself. I used to compare myself to people my age, people in my city, people that were more successful than me. And honestly, all it did is made me depressed. I was worried I was behind. I wasn't moving fast enough.
I didn't think big enough. I wasn't that impressive. Nobody should take the time to talk to me. And then it occurred to me one day that the only person that I'm actually competing against is me from yesterday, me from last year. Because over time, I'm not anybody else. I don't have their brain. I don't have their body. I don't have their relationships.
I don't have their environment, their situation. But guess what? They don't have mine. And the only thing I can do is take who I am and ask myself, honestly, am I getting better? Am I focused on the things that I can control? And if I can get 1% better every day, that compounds like mad over a year. Over a decade, change your life.
And comparing yourself to somebody else will just steal your confidence. Think of your experience as a Spotify playlist. Comparing to someone else ignores the value of your own unique taste, who you are, what you love. Focus on curating your own playlist that resonates with you. I always say to people, why would you compare your chapter three to somebody else's chapter 27?
I've been in business for 27 years. If you're just starting off six months, a year, three years in, why would you compare yourself to me? If anything, know that I've been doing this for 27 years and when you're at 27 years, because you're watching this or you're listening to this, I expect you to be way further along because you have access to people that I didn't have access to.
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