How To Scale Your Business
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- เผยแพร่เมื่อ 26 ก.ย. 2024
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How do you scale your business? In this video, you'll discover how to scale your business FAST, what kinds of products or services you should make next, why you should have high-ticket products and services, and how you can destroy your competition. Watch this video now to discover how to scale your business.
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This video is about How To Scale Your Business
• How To Scale Your Busi...
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Dan
How can I build trust with a client closing on phone at instant conversation. Trying to avoid lack of trust when closing
Hello Dan . First of all i want to thank you becaouse every day i learn from your videos. I have been stadying economics at the university 2 years now and thanks to you i love this department . I have question for you sir . If something which is cost 10$ how can i sell it for 100$ and the client say yes ? How can i make the client to say thank you ?
How that product can be more valuable at the client's eyes ?
Im always surprised not only by what you say but your willingness to give so much value for free. This is the behind the scene stuff you never have access to. Its more than just marketing tactics.
How do you ensure that your salesmen do not piss the customer off when u do not pay them a base salary? It’s hard to control them on what to do when they are commission agents as they has more of a freedom on choosing when they want to work and how they are going to work when they don’t get paid any salary at all.
Furthermore, commission based sales will result in your salesmen pushing for products that are easier to sell instead of those with the highest margin. How do you make it work?
Dan Lok
“The problem is.. any salesperson looking for a job is not a good salesperson. Any good salesperson won’t be looking for a job, they’ll be making commissions, they’re making money!
This taught me that to become known as a closer you need to position yourself well. Have them come to you, rather than you to them. Show signs of success, get testimonials, build your reputation.
Also, don’t ruin your company’s reputation! Get your personal philosophy straight!
Thanks, Dan.
Stuart S.
I like the fact that you're interested in making others grow.
I recently used what you taught me about closing in a mock legislative procedure as a lobbyist and I was able to get most of the bills pass through the House of Representatives that I lobbied for. I was awarded and named as an “Outstanding Lobbyist.” (This was part of a program called Youth in Government, for anyone who is curious).
My point is that the art of closing definitely applies to a lot of real life situations and I’m ready to take this to the next step and save up money to be part of the high ticket closer certification program so I can become a much better closer! Thank you, Dan Lok.
I have two businesses. Got two kids and work soo hard!! I barely sleep. I wanna give them the.brightest childhood and future, something i ve never had. They are my why. My businesses work! And thanks to you I am getting better in what I do! You keep me motivated and make me smarter 👍🏽👍🏽👍🏽👍🏽 i appreciate that thank you Dan!
Teach them how to start and run a business, it will give them more than money ever could. Plus you can give them a childhood and a good start to life
If you need to scale, then:
✔ Think big;Act bold
✔ Build a public profile
✔ Work on your business, not in it.
✔ Find and establish Key Relationships And Networks.
✔ Evaluate financing options for expansion.
Dan thank you master for posting. This is school for me on the go. I have testament to your wisdom and my entire view in life has shift. Thank you and happy Thanksgiving to you and your family.
I have paid for business advice and didn't get anywhere close to the advice of Mr. Dan Lok, thank you very much, it's exactly what I needed to hear!
In order to scale your business you need only three things:
1. Scalable offer
2. Consistent lead flow
3. Good Closers
The Money-Formula:
Closers close > Revenue⬆️> Invest in getting more Leads > Hire more Closers > Revenue⬆️ ...
Thanks, Sifu! 🙇♂️
Hey Dan. This video is probably one of your best. I would recommend more of these long format videos. They are SO informative!
Damn your youtube channel is growing so fast Dan, almost a million already
The man behind my success Dan Lok
This is one of the most practical videos ive seen for selling. Keep the work Dan, almost 1M subs. Cheers from Mexico🇲🇽
Brilliant stuff Dan, I can soak up this stuff like a sponge because no one is telling you this stuff, and it’s fundamental information in my mind to give you proper perspective on business.
Amazing video Dan! Such a great way to approach scaling your business. Tons of knowledge and advice to offer in this video! I agree that you shouldn't scale your business just for the sake of wanting to scale. Bigger isn't always better. It's important to know WHY you're scaling your business and decide if it really is the right decision. Can't wait to watch more content!
Thanks for sharing Brian
Thank you for this insight, Brian!
Thank you for this video Dan. I've been trying hard to ramp up sales this year but keep running into if I should go commission only or give a base since people come on, get discouraged from not making a sale then quit because theyre making no $. I think you finally made up my mind, I'm going to start recruiting differently, stick to commission only and see what happens. Happy Thanksgiving!
How can there be so much wisdom in just one video? This video as revealed a big mistake I've been making. Thank you so much Danlok
Best content out there!
0:45 Thanks again Dan!! So I don't really need to scale for the sake of leaving my freedom. I'm already a laptop lifestyle freelancer for more than 16 years. This video gave me clarity on why NOT to scale and for WHAT to scale.
Hi Dan, we're home grown Pizzeria in the Philippines. I learned much of pricing strategy, after accidentally click your vudeo on "tell me about yourself". But the bottom line is that, you inspired us to scale up, revisit our market niche... Thanks a lot.
What a great gift for Thanksgiving! The secrets of scaling of business from the man itself :)
I idolize u sir,,i love to listen u every day i watching ur vedios,,alot of idea that i learn from u,
I hope one day to be a succesful intreprenuer
The world is changing, so is the way sales are done.
Jeez, Dan - this video couldn't be more well timed! I'm talking with my partner/close friend, and we're discussing this whole plan of him getting leads (cause he's amazing at that) and me closing for him. Then, co-operating on the back end to fulfill, so it's money on ALL fronts!
Seriously. It's like you're in my mind.
See you tonight for week 3 of HTC!
- Closer in a gown OUT!
Outspend your competitor & closures . Pearls of wisdom.
Brilliant as usual Dan!!! Biggest takeaway: "The margin has to be there to scale". Question: I have a patented toy that I produce in China. An order came in today that has taken my factory to full capacity for the whole of 2019. My supplier won't go to other factories for help as she said they will rip my product off. I need to scale production but feel like I've hit a catch 22 ceiling.
Greatest Take Away is developing business habits, that include time, skills and knowledge about the business.
I m really learning how to think deeper and more accurately with you sifu .
I m experiencing a lot of aha moments at this current point of my life.
Wow! This video is gold. It's a win-win for the influencers and the closers.
Dan
If good closers are not looking for job and we don't gets them in the traditional way (like some ads, we are looking for salespersons), how or where we can do good research to find good closers. Thanks, Hi from Panamá 🇵🇦
All Love & Respect to the King !
The master has spoken thanks for sharing the wisdom - I want to do it for the psychological growth.
Thank you Mr Dan Lok,
It's very amazing for me to been here, i am learning a lot of the here.
Keep on Sir.
As usual; this video was exactly what I needed to hear today. Thank you so much Dan Lok 🙏
Dan the way you teach really is very impressive!
Biggest Take-Away = Ask yourself the question " WHY do you want to scale?" , before you even make the attempt. Brilliant! I think these days "scaling" is a cool thing to do but most entrepreneurs don't know why they scale in the first place and what it means in terms of infrastructure, responsibility etc. Great start to the content 😊👍
I'm a closer that can close any amount, but you're 100% right its finding the closers that can close, some just don't want to do the work or have a block they can't ask for the sale its very strange to me, but I'm realizing it is a rarity even when training others to close, not everyone gets it. My contractors are 100% commission and I do believe that that is best, I also initially started them with base but they wouldn't own up to the responsibility or would make errors and I would still have to pay for their errors. I would also get those people that complained about their self-worth being worth more but then underperformed at my expense so it has been interesting. From this video I like the scalable offer tip, and the triangle. thank you so much, I appreciate this vid just subscribed!
Love from India
This video will shortcut my learning curve. Thank you!
The Why is so critical to understand. "Without the foundation, the house will not stand the test of time."
Thank you Sifu Dan for the valuable information how to scale businesses in the modern days! Happy Thanksgiving!
I love your videos
Quality content
I am binging on your videos everyday
Thanks a lot , Dan Lok
Thank you so much Dan!! This one just made me rethink a lot of stuff about my businness...
Thanks for not inspiring me but making me useful
Thank you for great information Sifu and the skill of being a closer and Yes I am a closer.
Thanks Dan. You are the MAANNNN.... amazing. You are an inspiration of how to be self made millionaire. You inspired me in selling and I am teaching the sales principles to my students in sales. And I have created a TH-cam Channel to share my knowledge with the industry people just like you are doing.
Thanks Brother.
Dan your videos are always helpful. I have 13 and love them.
Very helpful video, thanks Dan!
Dan lok you are great...
So much information in so little time - thank you, Dan Lok! 😀😀
GOLD !!!
Thank you Sifu. I learn so much from your videos.
A person's 1st business should be a high ticket offering of a simple service.
Great video. I don’t need to scale my business to make more money 😊
This is gold
Thanks!
I take from this video that currently, due to my lifestyle and type of business, it's no relevant for me to scale. I am more certain of that thanks to this video. Thank you Sifu.
They do not understand that you do not call yourself The King of Closing. High Ticket sales involves a whole lot more than the tasks most people associate with "sales." You deal with understanding the markets, understanding human psychology, and positioning yourself properly.
P.S.
Please, say hello to Jenny for me! My wife and I love you both!
Dan, is the high ticket closing idea applicable to all business?
A food production business, although it has a product line like you mention at 3:24 I believe it has a very low "high profit" limmit apeak of its selling abilities.
Promotion-via-demonstration (aka, have a stand where you freely offer the product for people to taste) strategy for a product like this is difficult because the background costs gets quite high. Also my target audience are bakeries, coffee shops, and like-minded business that sell this type of food.
I believe a high ticket clocser could not give value to me, as I don't have any high sales to go, unless I magically happen to sell many, MANY, of my units since the cost varries from €0.3 up to €4.00 per unit.
I'm very confused. Very very confused.
High ticket is anywhere between $2,000 - $5,000 and above.
urgency, take action, changed habits
very well spoken
wonderful video. thank u from vietnam.
This is essential information for companies looking to scale. Really useful content, thank you!
Awesome information and video. Thanks!
You've heard about real estate note flipping. It's a very lucrative business where you flip notes to note buyers
Good video! What do you recommend I do with 6k cash I’m 18 and I’m ready for risk? Next video!
Train your team on your vision.
Yes.
Best lesson of you so far I learnt heartly thankyou sir.
Thanks for posting.
GREAT TEACHER 👨🏫
Thank you for this great talk.
I want to become like dan lok .a MILLIONAIRE ❤️🖤❤️🖤
Thank you for this video! How to scale your business!
So good!!!
Dan Lok thank you for inspiring me so much, not just business-wise but also intellectually as well. I have a question that you could hopefully answer though. What could I do to prepare for making a business or increase my knowledge of business while I am still in high school and only 14 years old?
Read many, many books( Rich dad poor dad) and watch shark tank some, So that you can learn how to analyze a good/business deal.
Hi Dan I am a big fan of your work and teaching I'm from the Philippines. i really want to scale up my business how ever i only have 1 product that customers can only buy once. how can i increase sales
Hello sir Dan can you tell as how to make "cold calling" ?
Libaan, I don't like cold calling. I like positioning and attracting qualified prospects to me.
th-cam.com/video/sG7A9nBeNg4/w-d-xo.html
th-cam.com/video/ehK0mGxX0hw/w-d-xo.html
interesting thanks
one word "AMAZING"
Gold.
I hope to find you shortly/ your high ticket closing team on a project. I admire your work.
Your so awesome... Yes I get it Mr Dan L.
Good morning Sifu.
Thank you for the video 👍❤
Hello Dan Lok, what is your advise in recruiting sales team.
Great video!
The Triangle . Value Added . Wow.
Thank you for your videos by the way
Hey Dan.. Could you please suggest Tips to increase construction sales??
riya thomas build better shit and try new stuff to differentiate you from others. Idk what else you can do
Residential or commercial? How much do you charge per contract? How do you have an edge over your competition? Do you have more skilled workers than they do, can you finish a job faster than they can, can you do a better job than they do? What kind of clients do you work with? And most importantly do you want more contracts or just the higher end contracts? So many questions can't be covered in just a video so what specifically do you need?
Very good i send many emails and offers but when call the customer get close to make the sale and reach a closer cooperation 👍
Am addicted to your content 😭
I want it all "You treat me right I'llgive e you the world Meaning I give you what have to offer that's with a woman,client,family,and every thingelse
Very interesting!
Very good so far but how do you solve the investment that is needed for scale
when you take a six week holiday would you still get your incomes or will your incomes stop coming?
Profound
what I don't understand is how to combine high ticket deals with scalable products like software. Software is for free nowadays. I thought that high ticket buyers need consulting etc. that isn't really scalable (because of the required time and people)??
Imagine if you could sit with Dan every day like this for 30 min and just listen to him what he's saying. How your life would change?
That's all good. Implementing his tactics and strategies are more important. Take action.
Brail, it is possible. I have a mentorship program just like this.
joindanondemand.danlok.link
If a prospect see one ad 30 days a month or 365 days a year do you think you have a better chance of getting that sale?
A appreciate your knowledge.
Wow Dan lok your a professional writer closer!!
Thank you for your great content. Sir Lok
Can you share your knowledge about compounding and more money management tips.
Thanks
Jee Zee, this is one of my videos on money management.
th-cam.com/video/Vn3RBKfPEt8/w-d-xo.html
I’m gonna solve problems Dan
How Jake?