What's The One Thing Rich People Buy That Poor People Don't - Boss In The Bentley
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Rich people talk about ideas... poor people talk about people..😊
Very true
😂😂😂😂😂😂😂😂😂
Sad, but true.
FACTS
orayt hehe
But what if your idea is a person
Poor people say, "I can't afford it."
Rich people ask, "How can I make this make me money."
Thank Lok for sharing !
HOW TO GET A SUPPORTIVE WIFE
@@danielannor4499 talk to woman alot about your and her goals before marriage 😉
Thank you for your wisdom Sifu! 🙏
Also I heard this ideas from Robert Kiyosaki and its true 🔥🔥🔥
I value my time that's why I watch all videos on 2x speed.
*BRUH* me too
We're so *qÜįřĶÝ*
Just don't miss out of precious information
i learned that trick from a friend of mine.
I've been doing that for the past few months.
Rich people invest in long term happiness.
Poor people look for short term satisfaction.
Dan Lok well said
This is true. Poor people are too narrow-minded, are too comfortable, time-wasters and very well intoxicated with instant gratification.
nice to know you still update your videos that are over 1 year old
True
How to manage and plan the time well as a housewife ,a mom and also want to be successfull enterpreneur ?
his driver is a really lucky man he hears all of these precious pieces of advice even before they come to youtube lol
His driver is selling his time while the boss is buying time by hiring him. Maybe maybe not. Well, depends on how the driver see it. I think 🤔 I got it.
you know what, my husband's uncle was once a driver of someone important, now he is a millionaire.
@@ibrahimfahad8955 even though he's working for him, he'll benefit from his company
The driver is probably death lmao @@ibrahimfahad8955
With a really sore arse lol@@chenghuang2041
"A shop would buy u a home but a home won't buy u a shop" - the indian saying
Exactly 🤙
If u buy a home which will pay you monthly, namely the rents from the rented people, then no more you can say your home cannot buy a shop. Your home should be an investment product rather than having an individual home at the beginning which is a liability.
As mentioned, buy Assets which buys you your liability.
Marwadi saying
@@mitunkumara a rental property is considered a house or a building for rent. A home is considered your place of primary residence.
Poor people saying
So damn true. Most people on social media want to look rich, by posting their fancy suits or dresses, and striking a pose in a classy or high-end place, rather than actually being rich.
They seek validation
Let them do it, social media is the filter bubble of the stupid and uneducated people
Dark Angel Rafael l
some of them make banks while doing it tho dont judge other people and how they make money
@@sophiahsu2790 Some...who know that there are people out there who buy what they misrepresent
I love this guy. He has just explained in 15 minutes what a lot of people couldn't understand in 4 years of college. Thank you.
This is an amazing video. I just spent 14 minutes of my time wisely! My parents came to Canada with nothing but 3 kids and some clothes. They were so busy with work that there were times where I went to school lunchless. I worked through holidays, summer, birthdays since 15. Never went on vacation etc etc. I am now 27 with two properties under my name and I never felt so deserving of it and i STILL choose to take the bus because I don't want my money for my THIRD property to go on gas and insurance for a car when I have legs, a token for the subway and inspirational books to read while im traveling. This video spoke to me in ways beyond the now. It's extremely humbling to see quality videos like this that speak from humble beginnings. Thank you so much for sharing!!
Welcome Jen.
You did so well Jen, but spend a little on yourself and your family , at least after you have brought another income producing property.
loved your story
Way to go my friend that's what I'm doing right now as a broke man i don't buy stuff that i cannot afford i don't own a car either.
What do you mean ? yes really, I don't understand. Bill Olson
Great information! I initially fell into the trap after my first successful business. I brought expensive cars, clothes and other BS liabilities. I now have several businesses and live below my means but within my needs. My businesses now enable me to travel anywhere in the world for as long as I want, without coming out of my pocket. Good lessons learned Dan Lok, thank you!
It's totally amazing how my mindset has shifted the last 6 months from a place of fear and scarcity to achieving the life I always dreamed of. I started out with saying affirmations for wealth and abundance on my own with affirmations I found on the internet in addition to ones I wrote myself; then read Unlock it (one of Dan's books) enrolled in Dan's classes and binge watching his videos. What I feed my brain begins to become my reality in action.
This is my first time seeing you and I love how you approach your time and your life. I have wasted a lot time that I will never be able to get back so I have to accept that. I am determined not to spend another fucking second without realizing how valuable that is, you made me see that in one short video. I am almost eighty and down to 11K but I'm healthy in mind, spirit and body and I believe that with whatever time.I have left I can become a millionaire. Until I heard your analysis of time, I took time for granted, I am so pissed at myself for the wasted years that could have been more productive. I have come to believe recently, that I have been victimized by a poor man's paradigm all my life so I am studying to change that. You are someone that I would like to follow. Thanks
People love to buy the LV bags... haha and get home to their poor house... crazy shit
Issar Cerrato 5000.00 rims on a 200.00 car. 😂
I've known some people who bought a exotic car and are broke as fuck
LV bags can be a great investment
@@Groovemasterflex1 If you want to whipe your ass with it.. For sure.. They look disgusting freaking granny bags!
Marijn B. Actually no. Birkins are, as they get old they increase in price. While LV age really badly, as they get old their price decreases
Dan, I loved this video and agree with all of it but I do think of a wise old saying for my own sanity; "Time you enjoyed wasting was not wasted."
Poor people buy school education and rich people buy financial education.
agree
I agree that going to college for a Bachelor's degree or higher degrees is very expensive. I am just starting my research into financial freedom. I, however, am confused on how school education is only something the poor do. I thought education would lead to higher pay skills. Please explain?
Azia Ramirez that’s what governments tell you go to school, get a job, but in reality it is teaching you to become employee. And employee pays the more tax, and the more you make as a employee the more tax you will pay.
@@jackross5544 Wow. Thank you. That was a great explanation! I never had thought about more taxes being taken out from higher paying jobs. Which for graduates like me struggling to pay for the cost of education, it makes sense. I have a Master's degree and the lack of experience in the field is what is keeping me from a job. So I brought myself into a high amount of debt, for what I thought would be a high paying job. Again, thank you! I love learning about financial education.
Azia Ramirez if you want to learn more why don’t you checkout the rich dad channel by Robert kiyosaki.
💰Buy time...don't sell it! 100% bro💪
This dude is the real deal !!! He's speaking in a language like no other speakers
I have for long looked for a mentor that would positively tune me into the entrepreneurial world. Dan Lok just did after watching about 10 of his videos that truly reflected where i have been going wrong. I am a good follower of people like Tai Lopez but i have never been tuned. I feel more motivated from the frustrations and setbacks i have had from my business ventures. But Dan just revealed a lot to me. Thank you so much. Keep the fire burning Sir.
Inspiring messages
I was planning to buy a car and i really wanted it. But as I watch your videos and rich dad poor dad, I bought an asset and now im earning income from it daily.
I wish u cud read this.
Thanks a lot.
what was the asset?
😂😂😂
@Michael Williams bruh you dumb. But anhway you made my day😂😂😂😂😂😂
From now on, i will work hard, buy assets and invest money first ,only after that will buy liabilities with my income cash flow from that assets ,thanks alot dan for ur great inspiring message
Totally agree! poor people and middle class buy short-term happiness, once they make a little bit of money, they buy fancy car, big house, vacation, entertainment, etc, something make them feel rich for a short period of time. Rich people buy long-term happiness, they spend their time wisely, invest themselves, learning, building high income skills, once they make their F.U. Money, they buy whatever they want and truly enjoy their lifestyle forever.
Real question so please reply... what is the first thing you do to become successful?
INVESTORS IN ASSETS ARE ONLY POSSIBLE TO SUCCEED IF 90+% OF THE PEOPLE AROUND THEM ARE ORIENTED TOWARDS PURCHASING LIABILITIES OR UNNECESSARY SERVICES, AND NO, THIS IS NOT THE POOR MAN MENTALITY OR NOT BELIVING THAT THERE IS ONLY SO MUCH WEALTH TO GO AROUND, IT IS A FACT THAT CHEAP CREDIT MADE MILIONARES OF UNDESERVING PEOPLE PRAYING ON OTHER PEOPLE VICES AND INSECURITIES, IN ORDER TO EXIST A CHEAP CREDIT THE MOST OF THE WORLD MUST SUFFER.
Delayed gratification is an art only few understands. And the number of such people are getting even fewer with so much social media/online fanfare increasing every moment!
Forever?
Nothing material is forever ...
"Rich people buy time. Poor people sell time." - Dan Lok
👍
I heard you say this but I was trying to understand how a person buys time? Could you elaborate on that point a bit more pls?
Jermain Smith buying time using other people to work in the company and paying by hours! Using their brain to work in company to grow!
Jermain Smith for example paying someone to clean for 2 hours for you. You just bought yourself 2 hours!
Jason - simple English; You get paid to make him rich and you, to stay poor!! ;-)
Poor and middle class buy Starbucks, rich people drink black coffee.
Fil Antiguan no poor and middle class people go and eat at McDonalds will rich people buy Mc Donald’s franchise and bring them money.
@@flolacandola9396 correct, thank you.
I buy $2 7-Eleven coffee.....
No it’s poor + middle class buy Starbucks every morning, rich people buy SBUX Starbucks stock and reinvest the dividends :)
Im poor/middle class and NEVER bought that high price stuff never will ! When i do drink coffee its Folgers or as my dad did Taste's coffee.
Genius, You broke this down so anyone can absorb this knowledge. Very powerful. Thank you!
Yes, Thank you Dan for being You and putting it out there. I feel like I finally have a chance at creating wealth because of what and how you share. It's good to know that someone cares. Thank you for giving me a track to run on. I read all of those books but just got confused. Now I see the light and I'm glad to know that it is not too late for me. I did everything you talk about, chase shinny objects, bought my dream car to make me feel better and now I'm so broke... but all of this is turning around thanks to you Dan.
This was the #1 take away from Rich Dad Poor Dad for me. Timeless example of good choices.
Keep it up Terri.
Wow! What you said hit me! “You can take my money. I can replace my money. Don’t waste my time. Time is irreplaceable.”
You're a sincere person. Your videos are life changing throughout. Not a single second of life is wasted, instead, your counselling will make many people time more productive.
Wish you good health and prosperity throughout you life.
There's two things in this world that I've learned.
1. NEVER marry before obtaining wealth, because the wife will always find ways to spend more than you bring in.
2. Life is about risk and reward. I've made risky choices on the stock market, gold/silver, real estate and crypto-currency. Now I never expected Bitcoin, Bitcoin Cash and Ethereum to reach the levels it did, but I'm glad it did, because at age 45. I'm retired.
Good insights Mike.
Out of curiosity, how did you learn about your first point?
NEVER get married. Unless on your terms. (good luck) _ :)
Mike Crawford Not many people marry disabled people, that doesn't apply to pretty much anyone.
Never get married, period.
I used to think it would be stupid to hire a personal chauffeur. After having watched several of your videos I realised that if I were to spend, say, 1000 dollar per hour on this service, but in the time I spend being driven instead of driving I can conduct business that makes me more than what spend. It's all about buying the right things in the right order.
Luuk K exactly. He made this video and almost has 1m views so he made more during that time off ads and signups for his business
Just discovered Dan yesterday and now I'm addicted. "That movie cost me $20,000 of my time." Oh man I'm so glad someone finally said what I've always felt. I almost never go to the movie theater anymore because I'm stuck in some uncomfortable chair watching some 2.5 hour or 3 hour CGI fest most of the time and end up having mixed feelings 90% of the time. You're absolutely right about time... for so long I was working in an office surrounded by boxes.. but always knew time is my most precious resource. Then the mobile work revolution started, and I said I gotta get out of here while I'm still young and am now traveling the country and working remotely from my laptop. Sure, it's not quite as efficient for work to work remotely from a laptop as it was in my office on my battle station... but my quality of life has improved dramatically. I think I was legitimately starting to get some mental illness from working in the same room in the same situation for years. TIME really is the most important thing, and when you're on your death bed, you should be able to look back at a rich and fulfilling life and not one spent in a cubicle until you were 60.
At 71 years old I can't say I am much interested in martial arts but I enjoyed this very much because to me it shows how much you have learned
WoW! This is a million dollar advice. I got it for free.
Felt like you were speaking directly to me Dan. I wish I could watch this video every morning. Thanks a lot.
You can Jameel
you can watch this everyday
I'm interested in watching more, not to follow, to learn. And you don't know me nore I U. But, I follow no one, I'm interested in what advice someone else shared with U years back. I'm interested was it Mom / Dad / Friend ??
That was great Dan Lok. I paid off my house 9 years ago and rent it out. I am 410 miles away but I keep it. I am amazed at the people that tell me to sell it. I only make $9 an hour at one job and $9.70 at the othet and am renting here. I am getting things in order to do better at the business I started from home. Thanks again.
Im sorry but hands down this video just completely changed my mindset about time. I NOW understand what the term "Time is Money" truly means. I have been much too generous with my TIME. I'm going to piggyback off BG and start giving a 6 min window for telephone conversations, useless social media scrolling😤 and anything that doesn't bring value to my bottom line. (PERIOD) Salute, Dan Loc for this powerful content! Awesome, Awesome, Awesome!!!
First of All
- Eat Healthy
- Do Sport
- Take time for Rest and Sleep
Then you're broke
Gary Halbert style
You forget to work hard :)
Poor pipo here
Overall, good solid advice. I took my thumbs away however, when Dan criticized the CEO mowing the office lawn. Dan said it was a waste of "time." However, I disagree.
Good Leaders are humble enough to work just as hard as the janitor, if need be. They show value to their employees by being a team player by showing humility, servitude, and by being a team player. They keep their ego in check by not being above menial tasks. This shows great character in a leader; it demonstrates a leader the people can trust. A leader like that gains my money as a consumer. Additionally, as he us mowing, he has time to think and contemplate. Contemplate about how he can help people, how he can show more gratitude towards the domestic employees he can easily hire, reflect thoughtfully on how to inspire those in life that honest work is valuable. The CEO may not have to mow the lawn, he chose to mow the lawn, and that is a CEO that gains my trust.
Totally agreed here.
From my perspective, he is probably thinking that you can make more money by doing your main work, and hire someone to mow your lawn for a cheaper fee.
You didnt get his point. If you're the CEO of commbank and are getting paid 5million per year to run the company, make the big decisions.
Then from a board of directors, major share holders perspective, you need to be spending every second while at work making sure your doing everything possible to ensure the success of the company.
They would rather pay 10 bucks an hour to someone whos time does not carry such value to keep the lawn looking great.
it could be his stress relief, like an hour on the treadmill or gym working out.
@@ndololamour1640 you do that in your time, not the companies time.
Rich Dad Poor Dad is one of the most important books to read. Salute to Robert Kiyosaki!
You wanna LOOK Rich instead of BEING RICH!! Powerful!! New subscriber. I learned today. Thank you
Sincerity, no bs. Man I love this guy
Currently growing in a half higher middle class and lower middle class. I watch how the richer side buys the thing to make them money before buying nice things but the opposite for the other. Listening to you helps me see how to spend my money and I'm only a kid. If more people watched ur video like one a day it could change their life. Great video. Thank you for your time
Exactly Samsteps8.
Rich dad poor dad, best book :)
i support this !! Rich Dad and Poor Dad
True i loved it bytheway
I know the book rich dad, poor dad.
But the problem is: the author of this book never had a rich dad. this book is a lie. and he got rich by selling this book
I started watching your videos 7 days back...I am really getting benifitted from your talks.. Thank You so much.
Time is definitely important and catching your videos whenever I have the "time", always reassures me to keep pushing forward. Keep up the good work Dan,
I know a very wealthy person who periodically gives me his house keys with vehicle keys and wallet, cell phones etc.. except $20 and a blanket .
He walks to a bus stop and goes off to play homeless for 3 days and then returns .Helps to combat complacency , keeps him from getting soft, takes him back to where he started .
Interesting
Sounds like my husband who is owns properties..business..im into health care helping people...im exploring learning more on expanding on buy assests help. myself family others..love this video..👍👍👍
That's a first. Must be an amazing person. I would love to meet him.
That's amazing! Thumb-up for him.
That keeps him grounded and checks his ego.Good one
I’m amazed that you give out wealth and martial-arts secrets at no charge. That’s the best way to increase your business. People love freebies (valuable ones nonetheless).
Best line 👍💯
People wanna look rich not want to be rich💰💲💵
Thanks for being so blunt, and straight to the point.
I've first came across the concept of "Assets" in Rich Dad Poor Dad, defined as anything that Pays you. The typical examples are 'hard examples' like real-estate that pays you through rent. But what's rarely discussed and used as examples are the infinite # of 'soft examples'. Note - I'm adopting the terms 'hard' and 'soft' from 'hard skills' like computer programming and 'soft skills' like negotiating. Examples of 'hard' Assets are obvious, a stock/bond/mutual fund/investments that grow in value. TBH these financial terms are actually pretty arcane to the layperson. What's realistic and applicable to most people are 'soft Assets' like a business relationship that opens doors/opportunities for you, a personal relationship like marriage that gives you practical and emotional support, a personal belief system that keeps you confident and focused in the most difficult of circumstances, friends that lift you up and bring out the best in you, the food you eat that keeps you healthy, a diet and exercise regiment/habits that keeps you in peak performance, etc etc etc. These are all Assets because they literally put money (value) in your pocket (life). And the best thing about accumulating 'soft Assets' you become a peak and unstoppable version of yourself that enables you to attract 'hard Assets'. -- One more thing I'd like to clarify about Assets is that an Asset is subjective and situational to the individual. For one person, real-estate may be a liability because it's money out of his pocket to pay the mortgage. But if the person sets up (takes work) the arrangement correctly, the real-estate can collect rent which can more than pay for the mortgage. Now the real-estate is considered an Asset. Same thing with 'soft Assets' a relationship may be a liability to you because it's toxic and a drain on your time and energy, but for the toxic person, you are an Asset because you put up with them.
Dixon Magister
Wow, thank you for explaining it here! Dan didn't reply to the question in my comment about assets investment so.. 😕
I do not have any property to invest in, but have always believed in investing self, self-help and self improvement. Thank you for shedding some light for us non-entrepreneurs on what he actually meant by 'Asset'. 🙏🙏🙏
His time must be too fucking precious and had to choose which comments to reply. Guess his vids are more suited for and meant to directly benefit the entrepreneur audience. We the non-business people gotta go figure out our interpretations for certain concepts that directly pertain to business, and utilise other resources in order to do so.
Thank you!
Dixon Magister . Well said !!! :)
Dixon you are absolutely correct. I help people develop these soft assets and one of the skills I invite them to do is a sales training program. They always respond “ugh that’s beneath me” attitude. I laugh cause I say you just sold yourself that you want to be poor the rest of your life. Personal development information is one of the greatest assets with the greatest ROIs.
Too Jun Yee - Most of us are not born with assets we have to make them ourselves and so did Dan his mum was a single mum its good you haves soft asset but time to find out how to get real asset. IF you did nothing you will end up on pension, And you won't be living up to what is ur best and highest value. Start saving some money and think outside the square like house sit so you can use your wages to save for a deposit - do your research buy a house you can afford in the country paint it do some renovations and sell it to make some chunks of money once you rinse and repeat a few times buy a positive cashflow property. How do you go about it? Read more books on property or buy property magazines and see how people do it and copy them. Its one thing to listen to these podcast and another to implement their teaching - don't be a spectator - act. Ask yourself where does your genius lie - are you good at maths or more artistic creative type like myself e.g. if myself I am better at interior decorating hence renovation type of house will suit me better if you are good at numbers maybe you should do development if you are hands on type maybe you should do rooming or airbnb. Go to property related seminars and learn. Buy Your Investment Property magazine from Australia and learn what the investors who got nothing to something do so you can apply to Canadian or US situations. Don't sit there and say that you are a non investor - god gave you 2 arms and 2 legs use it be the entrepreneur that lies inherently in you. God did not chop on your head as an infant and destined you never to be an entrepreneur, who said you can't do it? Do not put limitation on yourself.
TH-cam doesn't deserve such quality original content to be just given away freely. If you have other such interesting ideas, write a small book. There will be reader valuing such opinions and be willing to 'pay' for it.
Love these boss in the Bentley vids! Always looking forward to them Sifu
I was on my way to doing well independently. My health took a turn and had to move back in with my parents and I'm in my 30s. I've been looking for work from home options with a background in marketing, customer service, and sales. Sadly I haven't found any home income yet, while I visit doctors to find answers. I just want to say thank you for this inspiring information. It gives me a lot of hope during this stressful time. I appreciate you Dan Lok.
Ronald E you can look at day trading. You can start small especially in a market that gives you leverage like the ForEx.
Depending on how quickly you grasp it you’ll need 1-2 years to master at a proficient level.
But that’s one idea of work from home. Also you can look into affiliate marketing or drop shipping but so many ppl doing those things & I don’t know much about them. Jesus helped me a lot in finding my path maybe your faith or Jesus can help you find yours. Anyways, good luck and God bless!
Thankyou For YOur Wonderful Thoughts, I always feels bad when people buy expensive stuff and flex on me, But, watching this video, i learned, i need to save time and utilize my time, we cant buy time, but we can buy others, So Everyone Don't Waste Your Time. Please !!
Amazing how much these ideas click with me, my "friends" get tired of me talking like this most of the time, I think I need new friends :(
We can be friends because I have the same problem.
Same here.
ytstopete you do! Surround yourself with people who help you grow and lift you up.
0049-179-9334973 that's my WhatsApp No. Anybody subscriber & friend of Dan Lok is welcome to contact me !
Go on..... lose all your cool friends..... go looking for douchebags to make friends with...
Great video Dan. I appreciate it. The CEO who was mowing his lawn may have been doing so as his way of getting some exercise. He may also have been doing so in order to give himself time to think, which you have said in other videos is very important to you. Many people, particularly older people, mow lawns to get some much needed exercise. I work from home but I make it a daily routine to go out for a walk and get fresh air every single day, as a form of exercise. If we do not exercise then we will loose our health, and then loose our life and be out of time!
Airplane he also may enjoy mowing lawn on a fairly warm summer day. I can see plenty of reasons doing that, he was probably livid you bothered to watch a movie that gave you absolutely no value or anything accomplished in that time
Wow very well explained. Poor and middle class people buy comfort for their families and themselves first because they think when they are relaxed and mentally in peace they can work better than before. As you put question on the video my first answer was rich people buy time. Thank you for sharing your experience.
I'm humbled. There is no greater victory without SACRIFICE. I'm touched by your words. Remain humble sir...keep working. Ya mentality doesn't tell you you've made it but rather what's next to keep going. God bless you sir. Time. Time. Everything happens through time.
holy cow this channel blew up! WOW grats Dan! well deserved!
because he is practical and honest
Using bad words like this shows stupidity & head weight.
Thank you so much Dan ........!!! You said ...."value your Time "!!!!..........it really make my mind educated & motivated as well.....!!!
I love listening to ur motivations, wanted to quit my job and had not saved money bt ur motivations opened my eyes, now am saving so that i can have enough to sustain me before the business pick up and doing my business full time .
I've been following for a while, and I've finally bought one of your eBooks. I downloaded a copy of F.U Money. Thanks for the gift.
The most honest thing that you said Dan was how you have an asset that covers the monthly payments on your Bentley.
What you said about hardworking people buying luxuries is so true man...
Poor and Middle Class People borrow a lifestyle by buying luxuries on credit and work hard to pay for luxuries.
Glad you enjoy Dan's material. Keep up your learning and growth.
You can also order Dan's new book to unlock the potential of your financial success getdansnewunlockitbook.danlok.link
man your the second person this week that told me to buy assets first, thank you for the video. have a blessed and safe day
Very informative and well communicated. I am sharing this with my class.
Well done Esteban. Share with those who need it.
Make sure to censor the "f" words !!! lol
Hey Dan I recently discovered about F.U. money and about you and I have really liked your videos. I just started making changes because of your book and your videos. I really like the advice you give. As of right now I’m just a barber at a $10 shop but soon I will be going into a $25 dollar shop and it’s by appointment only. In this way I am making a small change towards working smarter and not harder. But anyways as I have said before I love the videos! I can’t wait to finish the FU MONEY book!
This talk from Dan is a total wake-up call for me. You are taking time to share this publicly. My wife fell on this video after I shared one of your links. I have the exact business that makes my capital and generating cashflow fir the past 20 years. I'm 63, not to late. I finally understand the time principle you so well explain. I'm gonna pump this business of mine forward and all the other businesses it has permitted me to have and generate cashflow. Applying this now and will keep you posted. Where was my brain spending time all these years. I can't buy time back but i sure can better value it from here on. Tganjs Dan.
Absolutely fact.your not let.
My time is well spent
watching this video.. thank you.
Thanks Dan, I appreciate the information you put out.
Welcome.
My mind and i are actually opens about this concept Dan, but again, you remind me back to more AWARE about myself CONTROL.
Thank You Mentor, see you on Top I'm promise 🙏🙏🙏
Some people like mowing yards lol often when I can listen audible book uninterrupted
I do the same thing!
This poor person SUBSCRIBED ;) even though it hurt. Great video. I have so much to learn. I do need to reprogram my mind from poverty mindset. In my opinion they should teach this knowledge in schools to our kids instead of teaching them to work wasting time and never invest wisely.
Good. Keep it up.
First time I hear you and absolutely love your realness.
Am a maid in Saudi Arabia and I always wanted to spend my free time watching movies and following some other Billionaires though not that much but ever since I started watching Dan's vedios, honestly speaking, I never stopped till date.. perfectly said that rich people buy time whereas poor people sell time🇺🇬
Dan, a big thumbs up to you. Words are not enough to describe how happy I am watching this video. Thanks so much
Mr Dan....what you are saying makes 100% sense... keep it up with the excellent work... continue to prosper...!
Hi Dan, loving this new series of yours.
I have a question for you: If you’re to recommend “5” of the most inspiring Books that helped you to achieve the right mindset to become successful, what are they?
Thanks and greetings from Toronto! Be blessed!
I always try to not waste my time or the time of others. It’s a pet peeve of mine. The CEO mowing his lawn might enjoy mowing the lawn. To care for the things you have is calming, meditative, and a type of therapy. Dan has a lot of money but he doesn’t know everything. He can learn about the quality of time, beyond the monetary.
Great job, Dan! Thank you for investing your time to help everyone else! Three things I see poor people buy that make me cringe - lottery tickets, cigarettes and alcohol... I'm not saying they shouldn't enjoy themselves, but I'm pretty sure if you were to see their monthly spend on these versus their income, it'd make you sick...
One big thing I notice especially the poor do is to buy lottery tickets
They do John. They don't think they can earn it themselves.
The buy dreams.I've learned something (and only recently began to "wake up". MOST people are just followers. Get the regular job, the regular pay, and live the regular life. The white picket fence or American Dream is great, if you like to follow or be a little better than your neighbour. To me, the American Dream is mostly keeping up with the Jones' and getting in to the new slavey - debt (to keep up with the Jones'). Buying the lottery ticket gives them a moment away from their reality and that dream is $5. Most of those people will be broke before a decade, if they won.
And yet, you also see all those stories of what happens after they win... they lose it all, because they end up buying liabilities instead of assets. $1Million home? Remember it has a $100,000 property tax on it that won't pay for itself.
John Wyman facts! If you notice, liquor stores and places that sell lottery tickets are heavily in low and middle income areas because those are the best customers for those types of items (alcohol, lotto tickets, cigarettes, etc)
@@DanLok I will follow you from now on until I can afford the time to meet with you. We shall meet my friend!
I think one of the things the poor people do is have children when they’re not prepared financially to support them. I think poor people should not have children until they can afford to take care of them and provide them with what’s needed. They’re bringing liabilities into the world before they have the assets to support them.
I feel that most people use money as a tool to acquire a temporary emotional fix. That becomes a liability.
Appreciate you sharing.
Thank you so much for your time making the vedio. Appreciated!
Well said buy time ,instead of waisting my time! Time is money💯
Great vid Dan.. Always bringing the truth and giving people a dose of reality.. Thanks for the upload.. :)
Dan
Your videos are of immense help...When motivation can't give you that push Dan can....
I love your videos and now my friends have also started watching. Lots of love from India and please please collaborate with Patrick BetDavid.... You and Pat....you two are my heroes.💪
Lots of love again 💕💕💕
Buy the assets. Been told this time and time again but never really "heard" it as you made it clear. I have ... so I've thought, worked extremely hard for over 25 years.. tried multiple things and always failed to accumulate anything but more debt. Always prided myself on being the hardest working and smartest ... trading my time. Now I get it. I created a hole to claw out of. Thanks for the words of advice.
I wished somebody told me this when i was in my late teens. At age 19 i was making about 6k a month, which felt like a million bucks at that age. At the end of the year i literally had only 1-2K left in savings. Blew all the money on cars and clothing. Sold all my luxuries and became more wise with my money. Now doing a lot better than i was when i was 19.
Lesson learned. Buy assets so your assets provide you a cash flow that can easily get you liabilities ( luxuries) that your assets will take care of the cost because they will keep bringing a cash flow, so your bank account is always higher
Maybe that CEO enjoys cutting his lawn & it's therapeutic for him or could be that he's too cheap to pay for someone else to do it. Anyway, what kind of life if you are thinking every single moment I should be generating money, but if that what excites you, than more power to you. But, I do agree too many let others capitalize on their time & talent. By working for someone else, most are stressed that if they don't perform, they know that at any given time, they are disposable. Ask yourself, what kind of f*cking life is that. Unfortunately, society programs most to think this way; to work harder, gain more skills (most getting into deeper debts via student loans, credit cards, ect.) so you can land that job (aka, ball & chain). They slave away, spending most of their time performing for some company just to get the same paycheck every two weeks for (in most cases) two weeks off a year & if they are lucky, maybe a bonus or a raise as they are competing with other colleagues while fearing losing their job. Also, they are given an evaluation by someone else who's probably less competent just because they got their position through connections saying you still need to improve & try more. One of my friend who worked at a prestige catering company, kept complaining that she's always staying overtime, never getting the recognition or paid enough for her efforts. I told her, of course, this is what happens when you leave it up to someone else to control your time & money. I said to her, the only way you will get ahead, get more recognition & generate more money, only if you start your own catering company. Unfortunately, she has a poor mind mentality & stated, "I can't, I have too much debts & with what money will I start or how, a company?" When you work for someone else, usually, you don't have control of your time or money (you are just an expense to them afterall) they control you...period! Unless, you have great connections, unique skills that's not just anyone can replace you & is high in demand, or you are a professional (lawyer, doctor, accountant, engineer, celebrity, professional athlete, ect.. you get my point) then working for a company may pay enough for you to be in the upper income bracket, but those are the very few & far between. My best lesson I ever got was from my dad, when I got my first credit card, still living at home, my mom opened my credit card statement & my dad accidentally saw that I didn't have enough money to pay in full & was accumulating interest at 18% per annum, he said to me, "give me your card" & cut it up in front of my face, wrote me a cheque for twice the amount & said, "now you pay off the full amount on your credit card statement & the other amount, now you try to make 18% more within a year. Don't turn yourself to be a slave to your creditors, live within your means & think about how to generate money. You are better off with $2000 in a paper brown bag than having a $2000 designer handbag with a credit card bill of that amount owing." Pretty much everything I had was from money that I'd already made or if needed to borrow, knowing it will generate more money in the end. My first property I bought, still living at home with my parents while my friends were living with roommates paying rent (mind you, paying someone else's mortgage). I rented the condo out until it was fully paid off (took 8 years) & by then, it was worth twice as much when I first bought it (I have to say, my timing was perfect) sold it, bought a house, turned the basement to an apartment, rented it out while living upstairs. The house was paid off within 5 years (worth three times as much today). I also generate more income on an online business. Yes, I do have setbacks, of course, we all do, but overall & most importantly, I have control of my time & money. I think about some of those friends, where are they now & who has the money, time & freedom. I also hate when people waste my time 😝 It's amazing how the banks becomes your friend once you have accumulated assets, chasing you to invest with them instead of you running to them borrowing at high interest rates. One last advice, stop making f*cking excuses & stop wasting time, you just need to take that first step. It's worst looking back regretting than making that first step knowing you are taking a gamble that might pay off. Also, stop being a f*cking chicken, look at the potential, know your self worth & if needed, you can always pay someone to do it 😁
Swallow that Frog!
Invest money, Buy time, Value the time 👍
Thank you Dan Lok. U juz helping me realize what im doing right now for couple of month is a true thing. Buying time, not waste it on liltle thing even u can do it byself. I will continue learning more from you. Really appreciate it
You nailed it, assets buy liabilities not the other way around. Keep sharing Prof
I just bought myself time with Dan lok.thanks a lot
thanks for sharing such a great knowledge with the globe my mentor Dan Lol.
Dan, thank you for this wonderful video. I see that you’re so passionate about what you have to say. I have been investing my time, been so conscious about how effectively I use my previous time, I am not getting lots of return on my invested time yet but I know I am making progress 👍🙏🏾
First, Thank You Mr. Dan Lok for making this video. I enjoy it.
On my point, one thing rich people buy is good quality food, poor people buys what they can, meaning that good food routine give your body a better working performmance, and if you r eating bad your body feel tired mental and physically ( here my point, less power in the brain, less thinking)
Thank you.
I appreciate the authentic expression put forth here - much thanks!
Fuck sugarcoating things
Hear that!
so true! saving my money to invest in real estate assets later. Also - another thing rich people buy is investing in THEMSELVES and their high ticket skill sets
I will prove money doesn't mean shit compared to what an actual valuable mindset can get you. High quality without anyone else, let alone yourself, busting their ass to pay for your own high balling life, which a person who values theirs or anyone else's life isn't into.
Thanks Den....after watching your video " I'm happy that I'm on right path"
Thanks Bro
poor and middle class buy social influence... when they are surrounded of people, they like to spend more than the others, or invite the expensives of someone, just to fell "affordable social influence" somehow.
First video I see (without counting the bridge I took to the wealth triangule) and u' allready a very important influence in my path. Thanks for your time. And excuse me, but I want to mention Lluis Zardoya who was the guy that recomend this video to me.
Thank you so much Dan, I appreciate it. I will work hard to one day enter your mastermind group. I know I am capable of it. Thank you for the series of videos you have posted for us all. Your discussions are wealth builders.
If you are serious start here:
www.fumoneybook.com
Amanda Nour امينة نور I’m a SAHM too and want to get in soon as well.
Enter it? I will supplant it. And not the underhanded way, but by being naturally practical.
The secrets don't need to be learned from someone else who you need to give your identity to to get it. They can be inferred with some time examining various aspects of economics.
Taiwo Bamisile wow what have i been doing with my time.
i spent the best minutes of my life watching this thanks man !!
📌 Dan!!!! You just nailed it maaaaaan! I’ve become a big fan of you. You’ve NO IDEA how much you’re helping me to get in order. Keep up your good works. 👌👌👌
The people I know with the biggest money problems have all the time in the world and the people I know with money struggle with finding or making time self discipline is a good practice, like wen you waited to buy your car until you had something to pay for the car. I know you didn't have to wait. I also know you are glad you did. Thanks for the video.