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Dan Martell People don't know what to do with the money they want

Name: Dan Martell People don't know what to do with the money they want
Uploaded: 2023-03-04T19:00:04+00:00
Duration: 45 s
Channel: Tyler Wagner
Description: In this solo coaching segment, Dan Martell, a mentor to eight- and nine‑figure CEOs, argues that the common desire to become a millionaire is misguided…

4 Mar 2023 · 1 min

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In this solo coaching segment, Dan Martell, a mentor to eight- and nine‑figure CEOs, argues that the common desire to become a millionaire is misguided because most people lack the psychological and practical readiness to handle wealth. He highlights how family reactions, poor spending decisions, and emotional fallout can quickly erode newly acquired riches, leading to depression and loss. Martell stresses that the root issue isn’t the lack of money but the lack of preparation and mindset. He urges listeners to develop the necessary skills, habits, and mental frameworks before pursuing high‑level financial success, implying that true readiness will naturally attract the wealth they seek.

Chapters

I coach like significant 8, 9-figure CEOs. People will look at their life and wish they had it. And what's fun for me is I know for a fact if they had it, they would be completely crippled. Like most people want money. They actually don't know what to do with the money. It's so funny. People are like, oh, I wish I was a millionaire. It's like, no, you don't because you don't know how to deal with your family's reaction to it. You don't know how to manage it. So you're going to lose it. You're going to get depressed because you're going to lose half of it right off the bat because you're going to waste it on something stupid. Like people think they want things, but if they actually could play this like game of, all right, let's simulate this. Let's give it to you, but you are still who you are. You are not ready for that level of success because if you were, you'd have it in your life because you don't tells me you're not ready. So, go get ready to be able to get it.