Get The Book (Buy Back Your Time): https://bit.ly/3pCTG78 Subscribe to My Newsletter: https://bit.ly/3W2tjp2 The more money you make, the less you should have to work… But that’s ONLY if you know these 12 laws of running a stress free business. I know it’s possible because I went from hundred hour weeks and burnout in my 20s, to today running a hundred million dollar empire working less than 40 hours a week. And you don’t need a 160 IQ or spend millions of dollars on consultants to implement these. In this video I share how to run a million dollar business without going crazy. IG: @danmartell X: @danmartell
Full Episode
The more money you make, the less you should have to work. That's only if you know these 12 laws of running a stress-free business. I know it's possible because I went from 100-hour work weeks and burnout in my 20s to today running a $100 million empire working less than 40 hours a week. And you don't need 160 IQ or spend millions of dollars on consultants to implement these.
So without further explaining it, this is how to run a million-dollar business without going crazy. Welcome to the Martell Method. I went from rehab at 17 to building a $100 million 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.
And make sure you don't miss anything by subscribing to my newsletter at martellmethod.com. Starting with law number one, you create the rules. When I started my first successful business, I almost went bankrupt in the first three months because I didn't understand a concept called cashflow.
And I remember talking to one of my mentors, explained to him what was going on in my business, and he just laughed at me. He goes, why are you doing that? And I said, what?
He goes, why are customers only paying you like 60 days later and then the money gets locked up in your bank account because you're a new business and essentially you don't have the money to pay for your growth or your employees? He says, why don't you make the customers pay 50% upfront? Well, I didn't know I could.
It turns out you get to create the terms of engagement with your customers and your business so that you can build the business the way you want to. The way I like to think about it, it's called the infinite game. Your business, your rules. You need to design the game so that you can play it forever without pain. So for example, I won't ever finance a customer's growth.
If you want my product or services, then you pay upfront so that I can invest in the business to deliver on my promise. If I don't work well with a client, Then I don't work with them. I fire people all the time. Some people accidentally come into my world and I realize quickly their philosophy on business and mine are completely different. I don't put up with it.
Not because I'm being rude, not because I'm angry, not because I'm upset, because I think you get to choose who you want to do business with. And that energy for your team, for your bank account can be negative. If you don't want to do custom work for people, you're allowed to say no.
Just because you do landscaping, for example, or an HVAC and somebody comes to you with something above and beyond, you can say no. You can refer them to somebody else. You can choose simplicity and scale over complexity and potentially fail. The key is, is that if you have a client and you keep making exceptions, you essentially taught them how to treat you.
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