7 Types Of Income Millionaires Have (How The Rich Make Money)
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- เผยแพร่เมื่อ 29 ก.ย. 2024
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What separates millionaires from the rest, and how do they continue to get richer and richer? The answer is simple and what you’re about to discover in this video is something you can implement today to start creating financial success for yourself. So watch this video now if you want to know how the rich make money, and what the 7 types of income millionaires have.
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This video is about 7 Types Of Income Millionaires Have (How The Rich Make Money)
• 7 Types Of Income Mill...
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1. Earned Income
2. Business Income (products and services)
3. Interest income (percentages)
4. Dividend income
5. Rental income
6. Advertising income (monetizing blogs)
7. Royalty and licensing income
🫡
This is why I love leveraging sales funnels and video marketing... I can still present, sort and sell... even when I’m not on my computer...
I do the work once and my systems keep working for me which helps me have more free time ❤️⭐️🙏
And with a good follow up email series you can add multiple offers that support your main offer and create multiple streams of income within the same process...
It’s definitely a powerful strategy to start implementing in your business
As always great video... ⭐️⭐️⭐️
Youre my mentoorr... 🤗
Good tips
HAPPY PONGAL
-- To anyone scrolling through these comments today, have a wonderful day & remember you are beautiful & worth it😊. Thanks for the great videos, Dan!
💎💎💎🖤💎💎💎👊🏿
Income comes from creativity. Try new things to create other sources of income.
Money is the result of your mindset towards money creation.
jet sky
His life sucks, and he’s an unhappy dickhead. Why else would he?
*Work to own your time,* not to build somebody else’s dreams.
👍👍
correct
*You don't build income to be rich. You build income to live life on your own terms.* 😉
Yes! The masses have only one stream of income because society has raised us to be employees and you *must* go to school and work for "the man." They also raise us to equate wealth with a nice house and a nice car. I have my 9-5 but I am using it to fund my real estate investments and educating myself more!
couldn't agree more with you. buying a car is definitely the biggest lie. do not buy cars, unless it is an absolute necessity. cars only depreciate.
there are other ways to make money
focus on one things first
develop one solid income first
having the high income skill
earned income
your trading hours for dollars
you see one of the biggest mistakes the most people make is they attempt earned more money or trading more time
how could you be more valuable
the same block of time the same hour now you increasing your valuable your deliver more valuable to the company or to the marketplace so you earning more money
business income
interest income
divided income
rental income
they are willing to lend you money for you to buy real estate in some cases they lending companies they lending up to a 1% of you purchase price
100%
are you sure!
sheess on fire
advertising income
royalty and licensing income
the possiblity is only limited by your imagination
Thanks for writing the notes
Develop one solid Income first
1. Earned Income (Increase Value of Per Hour Earned Income) (Add new skills)
2. Business Income
3. Interest Income (Develop your Savings Skills)
4. Dividend Income
5. Rental Income (Commercial property gives more rent than Residential Property)
6. Advertising Income (write Articles, Post Video Blogs)
7. Royalty and Licensing Income (write a book and publish it)
Dan Lok you’re videos are awesome! You’ve inspired me to finally start my own Vlog!
🔥🔥
Wah bhai didn't expect you to be here haha
In the early stages, discover your high income skill(s) from "earned income" experiences. Then, focus on creating your own batches of "business income"...you want to become an entrepreneur (or at least develop that mindset). When you increase your value and cash flow, you'll generate the rest of the other income streams more easily. Just focus on being the best at what you do, so you can start entering the equity, partnership convos...level up!!
Eddie Yoon well said.
Hey Dan Lok I just finished reading your book F U Money yesterday and have started two internet businesses as a side hustle as I have a 9-5 job, I have a travel agency and a Legal Shield policy cover business. Do you have any tips for me?
God bless you, Dan, for all what you offer us! I don't pay any cent for this so valuable infotmation! Thank you!
"The secret of the rich" advert in the video always gives me goosebumps
Hey Dan I stumbled onto your channel and now I'm hooked. Keep up the excellent work. 👊
I will be a millionaire this year.
Modi Raj Me 🤣🤣
Me too
Me too😁😎
Me too!
Goodluck brother. Wishing you all the blessings.
Interest Income
*becomes a loanshark* 🤦♂️
The harder you work, the smarter you become. The smarter you become, the smarter you work. The smarter you work the more efficient you'll become and eventually the more you'll earn.
I am down for this one!
The harder you work, the smarter you become? No, not necessarily.
A person’s character is defined on his mindset about money.
I don't know that I will be sucessful in life if I keep watching your works on a daily basis, but I truly know this is the right thing to do!
Who has more than one income stream? 🙋
The best part about having other sources of income is he can give you bargaining power, if you know you don't need it
Capital gains.... another grt income...
Keep educating us Dan, great share 👍
By far my favorite source is from quality dividend stocks :)
Would owning two different restaurants of the same brand count as one or two income streams?
The next three years am millionaire
Cus I already have four streams of income
How??
Yes dear
More inspiring , I read also books, And I will learn more from your all video very soon. Thank you so much.
Thanks so much for the awesome video Dan 🔥 This will definitely help me Grow my Business and Become Wealthy!! Keep it up! 💯💯🙌
Great video again thank you ! Question for you what would you tell someone who's homeless and jobless is fifty years old and no job how to make it work for them
I live in Pakistan and I am currently completing my professional law degree. Here we don’t get as much money as in America for our services. How can I stay here and both increase my streams of income ?
Firstly, I hardly believe any country of the world will survive a 3rd world war.
Secondly, that’s irrelevant to my question asked. -__-
Okay but who will become the TERRORIST then??🤲🏻😧💣🕋
Plz focus on your main goals
Best Reporter 21 it’s a shame how vulnerable you Americans are to propoganda and blindly label any person from a specific country to be a terrorist. The comments of you people on a random teenager from a country clearly shows that what sort of mentality you people have. Well at least your deep seated hatred for humans is know quite visible.
@@sj-ui5ox Bhai top pe milte hein!
Dan is on fire!💰
Interest income is the true way to make rich get richer and poor get poorer.
Reminded me of another video with Andrei that talked about intellectual property as investment vehicle
Hi Dan, I’m very intrigued by your openness in sharing business and money making secrets. I’m an low income earner but I’m very much interested in kick starting a property rental business. I have the land on prime location, but I don’t have the capital to build my first house to rent. Any ideas on fund lenders that could possible want to lend me capital to start? Thanks I’m from the Autonomous Regional of Bougainville in Papua New Guinea, South Pacific.
It still frustrates me that I was so focused on school
What you can say about etoro?
May you live for more than 100 year
Dan Lok: 7 types of income millionaires have.
Me: so pumped to watch!!
Income Producing Ways?
1 - Earned (Education Skill Time Based)
2 - Interest Income
3 - Business
4 - Dividend
5 - Rental Income (Hi-Leveraged)
6 - Advertising
7 - Royalty + Licensing
great video... I believe my greatest priority is learning marketing ... truth is I lack this knowledge and will be grinding into ground and no real marketing plan. I am looking at some of the videos you have on this today so I can concentrate on this, cause it is crucial to my success online Thanks Dan!
Hi Dan I would like to change my shop to a company a Cross Kenya, would you please help me know how to go about it, regards Philip
*treat each minute as potential dollars and it will become dollars* ✌️
👍👍
What stream we choose after 10th to became rich and increase your confidence.....
Hii Dan can u give me a job in u r company,😊
when ppl drive big car, live in big house, I always wonder how they make the money...
Hi Dan, Tai Lopez has 18 streams of income. How many do you Have .?
8:26 The won’t lend you money to buy stocks however they will lend you money to buy real estate
I love dividends stocks , I make an easy one million dollar per annum from it .
If everybody is "passive" incomers then who attend to you at the gas station? bank counter? restaurant?
No worries. Plenty of people will never achieve passive income.
Please give me a link of a free copywriting course,
Rental property means I gotta make repairs and stuff
I hope I can do all off the 7 type.
His very smart 🤓😎
I have many friends that work normal 7-9 hour shifts, then I know certain friends who work 12-13-14-15-16 hour shifts, or people that work 2-3 jobs which never made any sense to me. In my opinion, nobody should ever have to work that hard for money. It's like some people with debt, bad financial decisions. I have a friend that is always working but never gets ahead financially, yet if I try to talk about this concept of earning more money by working on your skill set so that you can earn more money per hour, they kind of dismiss it. They don't pay attention to it. It's weird.
Justin Powers Instead telling them, sent a video link. That usually helps better!
instead of*
@@Meninfluencer Very true!
Also list this book on Flipkart,an Indian e-commerce website.
Singaporean*
I must be the biggest millionaire this year end
I just people to understand point 1 :) Good stuff
Robert Kiyosaki, that's what this reminds me of !
It's funny you should say that... check out this video - th-cam.com/video/dKAixirAIVk/w-d-xo.html
Thank you for your video Dan!
don't just take .... give something back ..... come here ! we are a family ...
intrest income is not income eliminate it , it harms others who lend it..... so stop saying
Love this channel dan
I'll never be a millionaire. I just love listening to you. It's almost like a meditation. 😉
Your age?
@@aliahmedt.v9837 I will definitely become a multimillionaire in my life.. Now I'm 22
Whether you think you can
or you think you can't
either way you're right.
~ Henry Ford
@@FinesseMuse attitude is everything
@@sarathbabu4288 absolutely, yes. 👍👍
Excuse me, but what EXACTLY is copywriting?
SarahJane, this video explains what is copywriting - th-cam.com/video/UfCgUv8-HlI/w-d-xo.html
High-skill income
thanks Dan..
I like your videos very helpful.What are your tips for affiliant marketing?
Hi Dan
This is gold !!!!
Earn Money but Don't Love Money.
Umar Shafiq - Motivational Videos Without loving money, you can't earn money...
Use money love people
@@shsagid6545 Then you are wrong bro. Make new views.
Nice point
Or working 2jobs.
Create value for people and income will follow, that's what Dan Lok taught us
The most types of income to invest in yourself in your education there's nothing better.
Thank you Dan Iok
Taking notes
I get excited when he post new videos
Same.
I am a big fan of Yook .Easy to sell on and no ebay and PayPal middle men taking profit.
Interest income: Hi there, I will make you rich
KARMA: See you 10 times more...
true
Sifu. How many type of income do you have?
If that business You sold is proven ,
Why did you sold to your business partner??
If you could Hold that Business Might be a Income street for you
I am I making sense??
No
thanks for the knowledge shifu 👍
Your fan here from Malaysia Dan! 👍👍
How can I meet u SIR ?
As a fitness trainer what kinds of income can I way out?
Alapan Roy, start with this - th-cam.com/video/K7uhGjsy5d8/w-d-xo.html
Very insightful!
I wish you long life
Yah
I appreciate u dan
Dan, show me one company that pays dividend other than quarterly.
Love from PAKISTAN🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰🇵🇰
Me also bro
Lol
GREAT 👍
You are a best
Thank you my Sifu
I'm struggling to keep one