Strategy

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

7 Steps To Turn Around ANY Failing Company

By | Financial, Startups, Strategy | 4 Comments

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

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

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

dealing-with-major-challenges-in-your-business-by-dan-martell-025

7 Steps To Getting Through Difficult Business Challenges

By | Motivation, Personal, Strategy | No Comments

Imagine this…

Our startup Flowtown was exploding, we’ve got thousands of customers, we’re growing at 30%+ month over month and we decide to raise our next round of funding.

We start meeting with VC’s doing the Sand Hill Road shuffle, and they’re going great.

Then one day as we sit in the parking lot of one of Silicon Valley’s biggest firms, we get an email from someone on our team telling us we should read the cover of the New York Times.

It turns out there’s an expose on how certain Facebook Apps are using users data to sell to advertising networks.

Why did this matter to us?

Well, we relied heavily on Facebook’s data to help our users discover which social networks their customers were spending time on, online.

Due to a handful of nefarious apps, it looked like Facebook might have to shut down their API that allowed our secret sauce to work.

So we did what any founder would do… Read More

how-do-you-market-against-established-competitors-by-dan-martell-021

Dealing With The Big Guys: 5 Strategies To Conquer Your Market

By | Growth Engine, Marketing, Strategy | 12 Comments

I LOVE competition.

It fires me up.

A few years ago while I was building Clarity.fm, Google suddenly announced that they were launching a competing product. (read till the end to see what happened)

I can’t tell you how many friends messaged me with the link sharing their condolences…

… as if it was game over???

RIP Clarity.fm

Umm.. not so fast.

F-that!

Here’s the question I ask myself every time I discover competition in my space: Read More

DM_DanMartell_Branson

The Way Richard Branson Manufactures Time

By | Leadership, Productivity, Strategy | 4 Comments

Reading time: 10 minutes
Hours it will save you in 2017: 1,000+
Return-on-reading time: Infinite.

Only read if:

Your business is doing over $250K in revenue.

Must read now if:

You’re a busy, growth-minded founder of a quickly-scaling company with too many tabs open on their browser (yes, I can see you on your computer).

Download for later if:

You’re thinking of starting a business, don’t make any money, or spend all your time going to events.

On April 2014, I was invited to spend a week with Richard Branson at his lodge in Verbier, Switzerland, for the work I was doing to support entrepreneurship at a global level through my startup, Clarity.fm.

To say I was excited would be an understatement…up until I saw Richard walk into the living room for breakfast, I didn’t think the meeting was actually going to happen.

Over the next seven days, I got to spend time with some incredible entrepreneurs like Tim Ferris (4 Hour Work Week), Bryan Johnson (Founder of Braintree / Sold to PayPal for $850M), and Randy Reddig (Co-Founder of Square) just to name a few.
Read More

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