Entrepreneurship 101: Tips for Starting Your Own Business

Dan Martell
2 min readApr 17, 2023

Back in my early 20s when I was building my third company Spheric, I was unapologetically working 100-hour weeks.

My philosophy was “work hard, play later”.

All I cared about was building my business.

So everything else was put on the backseat.

My exercise, diet, sleep…

Even spending time with the people I cared about.

I didn’t realize it at the time, but my “getting shit done” mentality was at the heart of the problem.

It blinded me to everything else.

I learned the hard way that when you put all your time and attention into your business…

And neglect the other important areas of life…

Eventually, you end up burnt out and overwhelmed.

It’s like crash dieting.

You go all out six weeks before your vacation and lose 20 pounds…

Only to put it back on during the vacation.

The right way to lose weight requires consistency and momentum so you can sustain it for the rest of your life.

The same is true for building your business.

In today’s video, I unpack some of the biggest lessons I wish someone taught me when I started my first business.

And I’ll reveal EXACTLY how I would do things differently if I was starting out today.

If you want to learn how to build the empire of your dreams without missing out on what’s important in life, watch the video now.

Here’s what we’ll cover:

  1. The secret to starting a successful business without competing on price
  2. The ONLY reason you should offer your services for free
  3. Why providing above-average value can skyrocket success
  4. How to design your perfect week for maximum productivity and personal fulfillment
  5. Why energy management is more important than time management

It was only after selling Spheric in 2008, that I completely changed my belief about what was possible.

I learned how to build a business without sacrificing my health and the people I cared about.

So whether you’re thinking of starting a business, or you’ve already had some success and are looking to take things to the next level, this video is going to help you build your business the right way.

Watch this week’s episode and let me know your #1 takeaway.

Dan “work-life wizard” Martell

P.S. If you like these business-building strategies, you’ll LOVE Buy Back Your Time”.

In this book, I’ll show you even MORE strategies to build your business the right way WITHOUT missing out on what’s important in life like family, hobbies, health, and relationships.

Grab a copy here.

P.P.S. Here’s the audio version of my book with some free bonus chapters in case you’d prefer to listen to the book.

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Dan Martell

I coach ambitious software founders | Award-winning angel investor / 5x founder with 3x exits | Speaker | Proud Father.