turning-around-your-failing-business-by-dan-martell-001

7 Steps To Turn Around ANY Failing Company

By | Financial, Startups, Strategy | One Comment

I’m the guy that gets the call when a business is in trouble…

… when a business is on the verge of bankruptcy.

Friends call me.

Banks call me.

If I’m lucky, the entrepreneur calls me before it’s too late.

The truth is, it’s always challenging for me to see another entrepreneur failing…

… especially when they have major debt owed, personal guarantees and their biggest dreams hanging in the air as collateral.

It’s even more heartbreaking when kids are involved.

It crushes me inside.

That being said, the game plan to turn things around is ALWAYS the same. Read More

distribution-days-how-to-theme-your-work-days-by-dan-martell-001

Distribution Days: How To Theme Your Work Days

By | Productivity, Startups, Strategy | No Comments

My hope for this week’s video is to help you avoid burnout.

A few weeks ago I was coaching a client, a modern day martyr who voluntarily went through a 5 year grind of 100+ hour works and missed out on watching his kids grow up.

He was first to leave in the morning and came home after they were in bed.

All in the name of “doing it all for his family.”

That’s such a tonne of crap.

Your family doesn’t want all the “riches”.  

They want you.

A present parent. Not an inconvenienced entrepreneur.

No one told you you had to grow your business by 3X over the next 12 months…

… that’s a self inflicted wound.

The good news is I was able to show him a different way.

A more productive way.

One where you can still be driven, grow and build a great business… Read More

the-3-cycles-of-business-growth-by-dan-martell-001

The 3 Cycles of Business Growth: Top Line, Cost Control, Market Reach

By | Growth Engine, Marketing, Startups | 6 Comments

Yesterday I was talking with a founder who’s got a ~$6M a year business that has been flat for the past 4 years.

It’s funny because 5 years ago they jumped from $3M -> $5.5M, but since then they’ve gone sideways and have been struggling to figure out what to do next.

This is what I told him…

Your business should be growing in 3 cycles…

… and knowing where you’re at now, can cause you to hold back when you should be leaning in and pushing.

It’s probably what happened when he almost doubled in a single 12 month period.

My guess is that he focused on the first phase that year, then didn’t do the second, and that caused him to get gun shy.

More on that in a bit… Read More

how-to-build-an-advisory-board-for-your-business-by-dan-martell-001

How To Research, Recruit, And Compensate Great Advisors For Your Business

By | Community, Leadership, Startups | 3 Comments

Am I the only one whose Apple Watch is always dead?

I can’t seem to remember to charge it up…

… anyway, I digress.

When I started Clarity I put in the time to build one of the best advisory boards for the business.

It cost me time and $$$ but in the end, the ROI was 100X.

Having the best people in your corner to help guide strategic decision, solve major issues and pull you up when you’re feeling like a sack of potatoes is invaluable.

The challenge is finding them, negotiating compensation and deciding how to best leverage them. Read More

how-to-choose-an-idea-if-the-solution-already-exists-by-dan-martell-001

How To Choose An Idea If The Solution Already Exists

By | Marketing, Startups, Strategy | 4 Comments

Do you think Google was the first search engine? AirBnb.com the first online vacation rental site? Dropbox the first online file storage company?

No. No. No.

Why does this matter?

Because it’s the most common excuse wantrapreneurs like to give for staying on the sidelines.  

“Someone’s already doing this… it already exists.” is their reason.

Bull-oney.

It’s nothing but a convenient cop-out that keeps you from making your biggest impact.

If anything, I get pumped when I see competitors, especially big ones making bank.

It means there’s a market.

It means I can hire their top staff.

It means I have competition to make me better.

How do you compete? Read More

3-types-of-entrepreneurs-by-dan-martell-001

The 3 Business Personalities & How To Understand Which One You Are

By | Leadership, Personal, Strategy | 8 Comments

I used to believe that ANYONE could be an entrepreneur.

Until the day my friend Julie went bankrupt.

When she started her business, I was pumped… probably more so than I should’ve been.

She left our meeting excited to take on the challenges and get going.

The reason she failed is because she didn’t understand her role in relation to her business… Read More

measuring-your-daily-value-creation-by-dan-martell-001

The Way To Measure Your Productivity As An Entrepreneur

By | Metrics, Productivity, Strategy | 12 Comments

How much value did you create today? What about yesterday?

Want to know the best way to score yourself?

You need to learn the Entrepreneurial Scorecard (all credit goes to Todd Herman, creator of the 90 Day Year).

This framework is the only one I’ve found that allows founders to self evaluate their daily activities and accurately measure how those tasks measure up with your business’s growth.

Warning: Read More

4-levels-of-leadership-by-dan-martell-001

It’s Not The Founder, It’s The Leadership Strategy That Matters

By | Leadership, Motivation, Strategy | No Comments

Even though he almost fired me after 2 weeks…

… my leadership style came from a guy named Darcy.

I was 21 years old, and just got a contract position with a company in Fort McMurray, Alberta working on the tech team at Syncrude.

Somehow I was hired even though the people reporting to me were 10 years older.

Darcy gave me 2 weeks to “figure it out.” Read More

lessons-learned-after-shooting-100-episodes-birthday-edition-by-dan-martell-001

5 Lessons Learned After 100+ Videos on YouTube

By | Motivation, Personal, Productivity | 12 Comments

IT’S MY BIRTHDAY!

(and I’m wearing my party shirt today!)

It’s also the 100th episode of my YouTube business channel?!

Crazy, right?…

… both fell on the same day!

You think it’s a sign? You betcha!

So, today is a special video 🙂

Over the past 100 weeks I’ve published a video every Monday with insights and strategies to live a bigger life, and grow a bigger business.

Honestly, at first I was worried I’d run out of things to say… Read More

growth-guide-why-10x-2x-is-easier-when-building-your-business-2-by-dan-martell-001

Grow Your Business Using The Growth Guide Principles

By | Growth Engine, Motivation, Strategy | 4 Comments

Scared of growing your business?

Totally cool with business as usual?

Don’t want to get “too rich?”…

… well let me tell you a couple of stories.

One day I was talking to my buddy Matt and he was like,

Hey man, I love all the stuff you’re sharing, but is it okay if I just keep my business the same size? Do I really need to want to grow?

My answer: Read More

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