Info

The Martell Method w/ Dan Martell

Feeling stuck in your business or on the edge of explosive growth but don’t know how to break through? Join Dan Martell as he shares the methods he used to transform his life and business from rehab at 17 to building a $100M empire, becoming a bestselling author and a world-class executive coach. In each episode, Dan dives into the mindset shifts, health strategies, and business tactics that’ll get you to your goals without burning out. And he covers it all through storytelling, raw vulnerability, and simple frameworks that you can apply immediately. Subscribe to transform your challenges into opportunities and become the best version of yourself. Get Dan’s Book (Buy Back Your Time): https://bit.ly/3pCTG78 Subscribe to The Newsletter: https://bit.ly/3W2tjp2 A 5 minute weekly email to upgrade your identity, get in the best shape of your life, and build a business you don't grow to hate. IG: https://instagram.com/danmartell X: https://x.com/danmartell
RSS Feed Subscribe in Apple Podcasts
The Martell Method w/ Dan Martell
2025
April
March
February
January


2024
December
November
October
September
August
July
June
May
April
March
February
January


2023
December
November
October
September
August
July
June
May
April
March
February
January


2022
December
November
October
September
August
July
June
May
April
March
February
January


2021
December
November
October
September
August
July
June
May
April
March
February
January


2020
December
November
October
September
August
July
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April
March
February
January


2014
December


All Episodes
Archives
Now displaying: Page 1
Dec 24, 2018

Exclusive Download: Fundraising Like a Pro - The 3 phases of fundraising - 7 week process for starting & closing your round - http://bit.ly/2Ae0rQl

--

We’ve all seen it.

The over-enthusiastic startup founder who hands out equity with the same discretion as a pre-teen using their parent’s credit card to buy front-row Bieber tickets.



*sigh*

And I totally get it.

In the early phases of your startup (especially the idea stage) you might not have the cash on hand to cover the major expenses related to developing your MVP.

Even then, there’s an art and science to extracting the highest amount of value for your equity, without selling your vendors short or setting yourself up for a legal nightmare down the road.

In this week’s video, I cover the 4 steps to setting up win-win equity deals that allow you to get big projects done without giving away too much of your company in the process.

At a high level, here are the steps you want to take to guarantee a fair deal for both sides:

1. Set a valuation
2. Quantify the work
3. Give a bump
4. Allocate the equity

The second step is often the most ignored.

Before you even consider handing out equity, you should be asking your vendors for the actual cost of the services they’re gonna be providing.

Meaning, if they were to draft a proposal and you were to write them a check, what would that look like?

Without that information on hand, you’re essentially flying blind, giving up leverage, and narrowing your options.

Give the full episode a watch here
, and then let me know in the comments if you’ve ever exchanged equity for services, as well as any hard-earned lessons you learned along the way.

--

Dan Martell has advised more startups than his hometown has people and teaches startup founders like you how to scale. He previously created, raised venture funding for and successfully exited two tech startups: Flowtown and Clarity.fm. You should follow him on twitter @danmartell for tweets that are actually awesome.

+ Instagram (behind the scenes): http://instagram.com/danmartell
+ Facebook (live trainings + Q&A): http://FB.com/DanMartell
+ Twitter (what I'm reading): http://twitter.com/danmartell

Exclusive Download: Fundraising Like a Pro - The 3 phases of fundraising - 7 week process for starting & closing your round - http://bit.ly/2Ae0rQl

 

0 Comments
Adding comments is not available at this time.