Hey Dan, I absolutely love your videos, and I just started reading FU Money. I have to admit I'm a late bloomer. I'm 53 years old, and I am starting my own business after years of killing myself for peanuts. Your advice and guidance has put me on the right road to a very bright future. Life finally makes sense. Thank you.
It is important to have a clear picture of the business I want to create, or else how will I know I have gotten there? I noticed it is also helpful to temporarily turn off the little voice inside my head and to go with my first instinctual answer to get the most truthful answers. I realized that while I want to help people, I also want to generate great wealth in the process. The two goals can go hand-in-hand if I design it the right way. The more I watch your videos, the more I learn. Thank you, Sifu Dan!
My takeaway came near the end of the video. Dan talks about selling his businesses. And how he will sell and create more. My business is at a point I could sell it. But without a clear vision on what’s next, it likely wouldn’t be the best move to sell, yet. I’ve got some inner soul searching to do. Really find out what I want, and go from there.
Dan- Just a quick note that I listen to your videos every day in the truck in between jobs and traveling. Your advice has helped me go from 110k to about 165k in 1 year. 2018 I'm looking to reach 225k. Just want to say thank you! Is there a place I can go to see a schedule of conferences? I'd love to personally attend one sometime. I live in Florida and own 2 businesses amd looking to start my 3rd in February. Thanks for all the motivation and instruction. Eric Thompson
I like what Dan said that it is in the dna of entrepreneurs to create another business. It is their nature. He also said not everyone are really into business. I know that I am not a natural entrepreneur. I do like to create and solve problems but not really to monetize my ventures. I am like scientist or an artist who can invent or create but do not really know how to sell our creations. The reason I am watching Dan's videos is not because I will have a business of my own but to know how to market myself so that I can survive after being unemployed at an age that won't really open doors for me. Being self-employed is not really a business and I learned that by reading Kiyosaki.
This is awesome. Creating a target that is not simply numbers is so empowering. I also love the idea of business as a vehicle not a lifestyle. If I start a business and sell it for the right price, then I can do it again with no shame.
Yup thank you for this Dan Lok.. Yes you are right Business is just a Vehicle.. To move you from Point A To B.. And I think this also suits with my personality i.e., I can't keep doing the same thing over and over again.. life is full of adventures and I Just wanna try different things (I mean business here) I want to push myself.. Forward.. keep testing.. My Limits.. For Now I am planning to Create Digital Advertising agency In India using all my Sales and persuassion Techniques that I have learned so far working at my Family-Jewellery Store... And ya also using all the QLA Materials available on the Dan Pena Site.. .. And then Yes I am Gonna Sell it.. And work On my next idea.. Thank you again ...YOU ARE FANTASTIC...!!! KEEP ROCKING THE TH-cam!!!
Am looking forward to meet you in person Danlok and attend your class, I watch your videos every single day and they have never left me the same thanks and keep educating
Hi Dan - I find your advice practical yet thought provoking. I've got lots of work to do still but you've really opened my eyes to the reality of the life I want. Great job!
Thank you Dan so much.. i have been watching your videos every morning since i discovered it. You inspire me a lot. Im more confident day by day and its all because of the knowledge i accumulated from it... please never stop making videos.
Questions: 1. What would it do? 2. How big it would be? 3. What kind of product, service it would be known for? 4. How it would be different from others? 5. How much money it would make? 6. What type of customers it would target? 7. What would it do for you? 8. Would it deliver peace of mind, security, fun, freedom? 9. The purpose of owning my business 10. My business will allow me to 11. So I can enjoy 12. And have the ability to
You’re a mix of confidence.. honesty.. practicality.. reality.. smart..Symtematic.. and humor. I love this person.. you are a perfect description of what is “cool” for me.
Hello, Dan! I've been enjoying watching your videos and listening to your podcasts for several months. My question is - What's your process for finding the right people who will do the right work?
This was one of the best videos of u Dan now whenever I come up with an idea I can just ask these questions to myself and start sculpturing my idea to turn it into a business once again thanks man :)
Wow Dan, so amazing all this FREE resource! So generous! Thankyou. You may have noticed i’m posting notes of your videos as i listen and learn from them... lol. I’m doing it as a way to keep myself accountable to finish this series. Love the content. So generous. Thanks Man! Love from Gold Coast Australia... you need to visit us here one day... I’m sure you have thousands of fans in Australia who’d love to host you here! Cheers Dan💪🏾💪🏾
Hi Dan. I've just finished your F.U money book. It was eye-opening. What do you think is better for first time entrepreneur: mastering a small market first so that you can make money now or working on the big market right from the start to make much more money in the long run. I'd love to hear your thought. Thank you so much!
thank you dan for the video but my question is when i open my business , i will be the manager of the company if i go far way i will lose, right or not ? plz answer
What did I learn: Business is just a vehicle to my dreams of financial freedom where I can do whatever I want with whomever I want without financial freedom How do I take the right action: Do the exercise again to be more clear on what I want in my business and for my business
Do you have to be detached from your businesses to get to your FU Money mark, or can you have a bunch of revenue generators (mostly residual) with their own business plans and systems under one business/brand/core skill and still get there?
@Dan thanks boss. One question: are you a serial entrepreneur or one business entrepreneur? I mean people tell me I should stay in retail business for the rest of my life because that's what people like Steve jobs, bill gates etc. Did..... Can you please direct me?
Hi Sir, you have great knowledge but its have value but what about those who never have capacity to pay have strong will power to learn advise me books which help me to systemize business
I'm not sure at all what kind of business I want. I just want to make a lot of money. A valid question would be "How much is a lot?" - 15 million dollars.
The purpose of owning my business? Have a steady stream of money coming in without my involvement My business will allow me to.. scale my cashflow to meet the needs of my dreams So I can enjoy... freedom, excitement and significance And have the ability to... live my dreams
@@MarkWettinger If you really want to achieve that freedom, you really need to build the foundation first and it also needs a skill.. If you don't have this, your business won;t thrive.
just found your channel, started with your 4 types of customers video and quickly subscribed and saved some of your playlists, thanks for all you good work helping people, btw if you could only give your child 3 pieces of sales advice (besides increasing the number of contacts) what would your advice be?
Sahil Crunch Don’t be afraid of rejecting clients/customers. As much as you need to be a good fit, they also need to be a fit. Cheap customers usually give you more headaches and drain you too much. You need customers that value your time and work (given is good in quality, this is important). People who are cheap don’t value other people’s time nor contribution and usually have a “take advantage” mentality. They suffer from what I call the “winner’s conundrum” as they are never happy even after winning, and usually think they can get more from others. Greed is never a good business partner and cheap people are greedier than you think.
3 Simple Steps to Systemise My Business BUILD AN ON PURPOSE BUSINESS Step 1. DESCRIBE YOUR PERFECT BUSINESS - how big - what would it do - what would it be known for - what prod and services would it be known for - how would it be unique from competition - what type of customers do you want - how much money do you want to make - what would it do for me Would it deliver peace of mind, security, freedom and fun? WHAT DO I WANT? Let me ask you a question? How many of you are really clear? If you’re not clear... how will you know if you’re successful? Vs. This is the picture of what i want YOU GOT TO LOOK AT YOUR BUSINESS AS A PRODUCT. When its done, it’s done! To build this business successfully and have a excellent person running it. Ray Krok. Took Mc Donalds didnt flip burgers, he worked on how to duplicate this business run by people with low school. Other people build one burger store. THE PURPOSE OF OWNING MY BUSINESS IS... My business will allow me to.. ... so i can enjoy -- and give me the ability to THATS AN ON PURPOSE BUSINESS NOT A MOVING TARGET. Go with your first thoughts... What you want may change what your business is Business is vehicle to get you what you want. I could sell any of my businesses Its in our dna we cant help but create... You sell one. You’ll do another one
Hi Dan - I find your advice practical yet thought provoking. I've got lots of work to do still but you've really opened my eyes to the reality of the life I want. Great job!
![[Full] 4 ต่อ 4 Celebrity EP.922 | 10 พ.ย. 67 | one31](http://i.ytimg.com/vi/zmV5HRIxIBI/mqdefault.jpg)
What are you are missing in systemizing your business?
Do you know what your perfect business is?
Share your insights below about this video.
Hey Dan, I absolutely love your videos, and I just started reading FU Money. I have to admit I'm a late bloomer. I'm 53 years old, and I am starting my own business after years of killing myself for peanuts. Your advice and guidance has put me on the right road to a very bright future. Life finally makes sense. Thank you.
It is important to have a clear picture of the business I want to create, or else how will I know I have gotten there? I noticed it is also helpful to temporarily turn off the little voice inside my head and to go with my first instinctual answer to get the most truthful answers. I realized that while I want to help people, I also want to generate great wealth in the process. The two goals can go hand-in-hand if I design it the right way. The more I watch your videos, the more I learn. Thank you, Sifu Dan!
Aron, well done. apply what you have learned.
My takeaway came near the end of the video. Dan talks about selling his businesses. And how he will sell and create more. My business is at a point I could sell it. But without a clear vision on what’s next, it likely wouldn’t be the best move to sell, yet.
I’ve got some inner soul searching to do. Really find out what I want, and go from there.
Dan-
Just a quick note that I listen to your videos every day in the truck in between jobs and traveling. Your advice has helped me go from 110k to about 165k in 1 year. 2018 I'm looking to reach 225k. Just want to say thank you! Is there a place I can go to see a schedule of conferences? I'd love to personally attend one sometime. I live in Florida and own 2 businesses amd looking to start my 3rd in February. Thanks for all the motivation and instruction.
Eric Thompson
For me, this is my no 1 video I love from Dan lok
I just discovered you Dan Lok! I Just sold my business and starting a new one! I’ve always had the motto “everything is for sale for the right price”.
this is simply brilliant stuff out there. never heard of all this before
I like what Dan said that it is in the dna of entrepreneurs to create another business. It is their nature. He also said not everyone are really into business. I know that I am not a natural entrepreneur. I do like to create and solve problems but not really to monetize my ventures. I am like scientist or an artist who can invent or create but do not really know how to sell our creations. The reason I am watching Dan's videos is not because I will have a business of my own but to know how to market myself so that I can survive after being unemployed at an age that won't really open doors for me. Being self-employed is not really a business and I learned that by reading Kiyosaki.
Found this video in the perfect timing for my business. Thanks Dan, Great content as always..
This is awesome. Creating a target that is not simply numbers is so empowering. I also love the idea of business as a vehicle not a lifestyle. If I start a business and sell it for the right price, then I can do it again with no shame.
The thing I am going to do right now must have been done on the very first day while starting my business. Thank you for showing the way!
Yup thank you for this Dan Lok.. Yes you are right Business is just a Vehicle.. To move you from Point A To B.. And I think this also suits with my personality i.e., I can't keep doing the same thing over and over again.. life is full of adventures and I Just wanna try different things (I mean business here) I want to push myself.. Forward.. keep testing.. My Limits.. For Now I am planning to Create Digital Advertising agency In India using all my Sales and persuassion Techniques that I have learned so far working at my Family-Jewellery Store... And ya also using all the QLA Materials available on the Dan Pena Site.. ..
And then Yes I am Gonna Sell it.. And work On my next idea.. Thank you again ...YOU ARE FANTASTIC...!!! KEEP ROCKING THE TH-cam!!!
Am looking forward to meet you in person Danlok and attend your class, I watch your videos every single day and they have never left me the same thanks and keep educating
Hi Dan - I find your advice practical yet thought provoking. I've got lots of work to do still but you've really opened my eyes to the reality of the life I want. Great job!
Thank you Dan so much.. i have been watching your videos every morning since i discovered it. You inspire me a lot. Im more confident day by day and its all because of the knowledge i accumulated from it... please never stop making videos.
Business is a tool to create a great life
Thanks
This is one of your best pieces. Thank you.
Questions:
1. What would it do?
2. How big it would be?
3. What kind of product, service it would be known for?
4. How it would be different from others?
5. How much money it would make?
6. What type of customers it would target?
7. What would it do for you?
8. Would it deliver peace of mind, security, fun, freedom?
9. The purpose of owning my business
10. My business will allow me to
11. So I can enjoy
12. And have the ability to
That intro so cheezy
You’re a mix of confidence.. honesty.. practicality.. reality.. smart..Symtematic.. and humor. I love this person.. you are a perfect description of what is “cool” for me.
its very important to have clear goal / purpose and prepare the 'pay' for that...always good video, Thanks Dan..
you need to have a destination then find the roadmap to get there. thank you Sifu
Hello, Dan! I've been enjoying watching your videos and listening to your podcasts for several months. My question is - What's your process for finding the right people who will do the right work?
+Marat watch my videos on delegation and leadership. I covered that.
This was one of the best videos of u Dan now whenever I come up with an idea I can just ask these questions to myself and start sculpturing my idea to turn it into a business once again thanks man :)
Now I know my purpose is... Thank you
Great videos Dan, thank you. Failure makes part of success.
👍
I'm in the process of refining my concepts. Thanks dan
Wow Dan, so amazing all this FREE resource! So generous! Thankyou.
You may have noticed i’m posting notes of your videos as i listen and learn from them... lol.
I’m doing it as a way to keep myself accountable to finish this series.
Love the content. So generous.
Thanks Man!
Love from Gold Coast Australia... you need to visit us here one day...
I’m sure you have thousands of fans in Australia who’d love to host you here!
Cheers Dan💪🏾💪🏾
Watching this now! Love it!!!!
Very educative and important information for entrepreneurs. Thanks Dan
Great video, something to think about.
Had hard time answering what makes my business unique.
ty .u make me get a clear vision about what and how big my bisnis
Guys dont be fool this video is already a business. He is doing business already
Thanks, Shifu. It is a great lesson
Hi Dan. I've just finished your F.U money book. It was eye-opening. What do you think is better for first time entrepreneur: mastering a small market first so that you can make money now or working on the big market right from the start to make much more money in the long run. I'd love to hear your thought. Thank you so much!
Dan Lok is THE KING!!!!!
You are brilliant sir!
thank you dan for the video but my question is when i open my business , i will be the manager of the company if i go far way i will lose, right or not ? plz answer
Thanks for helping us create 😊
I need find the right information to do better in my business
What did I learn: Business is just a vehicle to my dreams of financial freedom where I can do whatever I want with whomever I want without financial freedom
How do I take the right action: Do the exercise again to be more clear on what I want in my business and for my business
Sifu Dan, can we have different types of business on mind? Will it be feasible to do it same time and what are the success rate? Thanks
You're so good
Thank you.
Do you have to be detached from your businesses to get to your FU Money mark, or can you have a bunch of revenue generators (mostly residual) with their own business plans and systems under one business/brand/core skill and still get there?
great! im implementiing this now
Hi dan,..why i have just watch u now? But i know its not too late..i am a starter entreprenuer..how can i watch the full vdeo of this content
Thank you for the video
Thank you Master..
Good sharing Dan. Thank you for the inspiration. Love that DNA part, feeling the same here. BTW I actually bought FU money coz I want it in Audible :)
You moved my business there's a different items of profit from the time I discovered you
@Dan thanks boss. One question: are you a serial entrepreneur or one business entrepreneur?
I mean people tell me I should stay in retail business for the rest of my life because that's what people like Steve jobs, bill gates etc. Did.....
Can you please direct me?
Hello ,
I would like to know following questions once we are clear with business
How to do marketing for coaching business.
Savage
Hi Sir,
you have great knowledge but its have value but what about those who never have capacity to pay have strong will power to learn
advise me books which help me to systemize business
I'm not sure at all what kind of business I want. I just want to make a lot of money. A valid question would be "How much is a lot?" - 15 million dollars.
The purpose of owning my business? Have a steady stream of money coming in without my involvement
My business will allow me to.. scale my cashflow to meet the needs of my dreams
So I can enjoy... freedom, excitement and significance
And have the ability to... live my dreams
@@MarkWettinger If you really want to achieve that freedom, you really need to build the foundation first and it also needs a skill.. If you don't have this, your business won;t thrive.
@@NetSkillNavigator Ofcourse
Thanks Sir
👍
thanks sir
How can I systemize the technical work, so that I can delegate it with confidence for the customer experience ?
Dobromir Mateev watch Dan's videos on delegation. He answers that question there
Wait..........McDonald is real estate business? I learnt that today
Frank Moch there is a movie about it.
Is it possible with a billion-dollar ad film maker company??
Is non profit children center good
just found your channel, started with your 4 types of customers video and quickly subscribed and saved some of your playlists, thanks for all you good work helping people, btw if you could only give your child 3 pieces of sales advice (besides increasing the number of contacts) what would your advice be?
Can I partner with anyone with great minds business adventure
How to deal with cheap customers?
Don't work with cheap customers. Find your best audience. There is always better people.
Sahil Crunch Don’t be afraid of rejecting clients/customers. As much as you need to be a good fit, they also need to be a fit. Cheap customers usually give you more headaches and drain you too much. You need customers that value your time and work (given is good in quality, this is important). People who are cheap don’t value other people’s time nor contribution and usually have a “take advantage” mentality. They suffer from what I call the “winner’s conundrum” as they are never happy even after winning, and usually think they can get more from others. Greed is never a good business partner and cheap people are greedier than you think.
3 Simple Steps to Systemise My Business
BUILD AN ON PURPOSE BUSINESS
Step 1. DESCRIBE YOUR PERFECT BUSINESS
- how big
- what would it do
- what would it be known for
- what prod and services would it be known for
- how would it be unique from competition
- what type of customers do you want
- how much money do you want to make
- what would it do for me
Would it deliver peace of mind, security, freedom and fun?
WHAT DO I WANT?
Let me ask you a question? How many of you are really clear?
If you’re not clear... how will you know if you’re successful?
Vs.
This is the picture of what i want
YOU GOT TO LOOK
AT YOUR BUSINESS AS A PRODUCT.
When its done, it’s done!
To build this business successfully and have a excellent person running it.
Ray Krok. Took Mc Donalds didnt flip burgers, he worked on how to duplicate this business run by people with low school.
Other people build one burger store.
THE PURPOSE OF OWNING MY BUSINESS IS...
My business will allow me to..
... so i can enjoy
-- and give me the ability to
THATS AN ON PURPOSE BUSINESS NOT A MOVING TARGET.
Go with your first thoughts...
What you want may change what your business is
Business is vehicle to get you what you want.
I could sell any of my businesses
Its in our dna we cant help but create...
You sell one. You’ll do another one
So annoying, where’s the 2 other steps Dan? Motivation thinking is important but action is more important. Only got 1 step from ya here man
Create a big consulting firm with great policies and procedures so I don’t have to be my whole day at the office.
Hi Dan - I find your advice practical yet thought provoking. I've got lots of work to do still but you've really opened my eyes to the reality of the life I want. Great job!