I’m in the process of selling my commercial cleaning company today and this video was God send! Everything he mentioned about recurring revenue and low concentration risk we have. We have contracts with building managers that pump out recurring revenue every month. All without leasing any office spaces. It’s truly an incredible business!
Mr Dan I'm ur biggest fan learning everyday, starting from copywriting and high income skill. I will acieve allot in upcoming 3 years. Please be my Mentor. You have inspired me allot . I have read numerous of ur books and hustle to get in contact with u
Dan Dan Dan your videos always seem to amaze me and always seem to actually show me a lot of information in every single video I really appreciate how much effort you put into every single video and the content that you create for us keep it up man
I am in the process of selling my business ; but I fail to finalize the sale with those who have been interested in buying it. I am bankrupt and I want to move out of the country for family reasons and start another business. Thanks for your video.
Hi, Dan thanks for the value you always deliver! Can you make a video on how to identify if the prospect is just making us waste our time, I know we have to be empathetic and listen to the needs. However, there have been some people who start talking and talking, and in the end they say the just have to talk to someone! It doesn´t matter how well I handle that objection, they just don´t buy. So, again, How do I identify if that is the case (what if I just cut the talking and the person was in fact a good prospect) and how do I handle this situation without being impolite!
This topic has never been one of my concern, probably because i am just a new leaf and i can not imagine to give away "my baby", but who knows..! Thank you for the tip anyway, you always have to learn, isn' t this interesting!?!
thank you, now we are business partner whatever it may be my company as per example or from your side business we will discuss everyday what to do and you are experience person what ever it may we will do. we will meet tomorrow, thank you.
Great video. But how do you sell it? Spent ages at who sells or how I sell? Legal , fees etc. Been told from different company's it's £150k -£300k........ I'm totally confused with it all and who you trust to sell it...
Can you please make a video of how to successfully play the middle man/mediator role, gain leverage and charge fairly in a big energy deal. I would greatly appreciate it :)
Hey Dan! when i deas comes to my mind and when i come on youtube for guidance. you end up making a video about what i was just thinking about. are you a mind reader?
Hi Sifu. Great video, as allways. What is your advice when you are in a close, and the prospect start to yell? Or try to undermine your proposal trying to look funny and make jokes? Thank you in advance.
Hi Dan, Thank you so much for all your tips. I'm a French entrepreneur in Mexico. What a strange mix!!? When I arrive to Mexico I didn't even speak Spanish now I've a 8 years old business with a team of 7 peoples and 3 years ago we became OEM of laboratory equipments for pharmaceutical, cosmetic and food industries. I want to sell more in Mexico but also all over the world (USA included). I would be glad to have more tips about B to B market which is a bit diferente strategy. How do you sell "Emotion" on a B to B niche market? I will also be glad to have some pits about how to export. How to find the right strategy in a country with different language and culture? How to find a good distributor or partner in a foreign country? I would be glad to share my experience with you and with all your fans on youtube. I've learn so much the last 8 years. I would like to share it with my French accent. Hahaha!! Maybe I will open mi own youtube channel.
Hey Dan ! I want to be a surgeon in future that’s my passion. But at same time I wanna make a business related to my passion. Can you advise me a better way of vision and make even more wealth from my passion. Follower from India. ✌🏻
Those "riskier" businesses (you gave farming as the example) that have a seasonal boom (I see retail as such a business, with the Christmas shopping season) and an off season lull (or worse, a total blackout zone, like yardwork in winter) are horrible First Businesses. A First Business is one that offers a super simple service (you can hire someone off the street and they can do it) that is needed all year round (maid service, pet poop removal, etc) and produces recurring income (weekly, or monthly). Such a business is easily scalable. Every 16 customers I sign on for my current yardwork business (in Tucson, AZ - yardwork is year round) is a full time job for a Yardmaster(TM) who serves one customer a day, 4 days a week, 4 weeks a month, all year round. Three batches allows me to create another full time job (overhaul crew member, supervisor, etc.), so, every 48 customers lets me create 4 awesome jobs. I can continue to grow to millions of customers, easily. This First Business becomes dazzlingly profitable in 100 customers or so, at which time it is fully able to angel invest in riskier businesses. Because, if they do it my way, labor costs are not included. Ever.
How to Sell your Business for Massive Money... I don't really get it what sifu Dan talk about maybe when I have a business to ran that I know it? Sifu Dan I have a question how we know if we can be a leader or not?
I'm waiting to the point I'll stop get value from Dan's videos... nope.. watched 400 vids and still gets tones of value, I hate it, I want to know it all, I learned business admiration degree, and accounting and the guy made all the college looks like craaaap . speak with love though
motivational books were written for poor Africans because it's only Africans who substitute strategy with hope, pray instead of doing it. we Livein the world of cause And effect
There's some identification of issues here but the analysis and conclusions are off, they're anecdotally informed and not balanced with an understanding of how buyers buy and the more formal means of analysing business. BY DEFINITION ANY BUSINESS THAT HAS TRADED PROFITABLY OVER TIME HAS RECURRING REVENUE... DUH!
Can you make a video for how to find investors, how to convince investors to invest, and how to negotiate terms with investors?
I agree
Agreed
Definitely
That’s probably the key
I'll appreciate it
I’m in the process of selling my commercial cleaning company today and this video was God send! Everything he mentioned about recurring revenue and low concentration risk we have. We have contracts with building managers that pump out recurring revenue every month. All without leasing any office spaces. It’s truly an incredible business!
One of the luminaries of a great man .... who in turn became great himself by creating other luminaries - Powerful Legacy
This is a topic that not a lot of people teach
Facts
Having a team makes your business more atractive. Interesting fact. Thanks, Dan.
Mr Dan I'm ur biggest fan learning everyday, starting from copywriting and high income skill. I will acieve allot in upcoming 3 years. Please be my Mentor. You have inspired me allot . I have read numerous of ur books and hustle to get in contact with u
A potential buyer looks at a:
- Proven business
- Great product
- Great brand
- Great team
- Great plan
Those are great points to look at 👍
Dan Dan Dan your videos always seem to amaze me and always seem to actually show me a lot of information in every single video I really appreciate how much effort you put into every single video and the content that you create for us keep it up man
I am in the process of selling my business ; but I fail to finalize the sale with those who have been interested in buying it. I am bankrupt and I want to move out of the country for family reasons and start another business. Thanks for your video.
He always gives the best financial advice 😁
Thanks so much for the awesome video Dan 🔥 This will definitely help me Grow my Business and Become Wealthy!! Keep it up! 💯💯🙌
Mr Dan Lok..one day i will produce a movie about your life story.. it will help lot of people to learn how to face everything with confidence.
I look forward to that! Many of us look up to Dan 😁
How to start cold calling ( best way to introduce ourself)
Sarthak, Dan has a great video on it: th-cam.com/video/sJAN2HcE_Sw/w-d-xo.html
Hi, Dan thanks for the value you always deliver! Can you make a video on how to identify if the prospect is just making us waste our time, I know we have to be empathetic and listen to the needs. However, there have been some people who start talking and talking, and in the end they say the just have to talk to someone! It doesn´t matter how well I handle that objection, they just don´t buy. So, again, How do I identify if that is the case (what if I just cut the talking and the person was in fact a good prospect) and how do I handle this situation without being impolite!
KNOW YOUR WORTH!!!
Always serving us with the best
Love you @DAN LOK
Great tips Dan! Unfortunately, I'm not at the level yet, I'm still trying to start my business but your videos are always great and educational
This topic has never been one of my concern, probably because i am just a new leaf and i can not imagine to give away "my baby", but who knows..!
Thank you for the tip anyway, you always have to learn, isn' t this interesting!?!
thank you, now we are business partner whatever it may be my company as per example or from your side business we will discuss everyday what to do and you are experience person what ever it may we will do. we will meet tomorrow, thank you.
Great video. But how do you sell it? Spent ages at who sells or how I sell? Legal , fees etc. Been told from different company's it's £150k -£300k........ I'm totally confused with it all and who you trust to sell it...
I really appreciate You So Much! You are so Inspiration
Can you please make a video of how to successfully play the middle man/mediator role, gain leverage and charge fairly in a big energy deal.
I would greatly appreciate it :)
Dan what is more crucial how much you make or how much you are able to keep? Please make a video of this in Boss in Bentley
Hey Dan! when i deas comes to my mind and when i come on youtube for guidance. you end up making a video about what i was just thinking about. are you a mind reader?
Liked before watching this!
Sifu please make a long video about ways to grow your buisness
Nurturing! Exactly, what the next buyer should. Thanks for this sir Dan!
Hey Sifu Dan, can you talk or share about flow state? Do you get into a flow state often when you are working on something?
Great video Dan! You always share so much value, thanks :)
Hi Sifu. Great video, as allways. What is your advice when you are in a close, and the prospect start to yell? Or try to undermine your proposal trying to look funny and make jokes? Thank you in advance.
Liked immediately - Respect to Dan Lok.
thank you, excellent advice. I still dread selling my business but I can see the next buyer will be so welcome.
Thank you Dan!
Hi Dan, Thank you so much for all your tips. I'm a French entrepreneur in Mexico. What a strange mix!!? When I arrive to Mexico I didn't even speak Spanish now I've a 8 years old business with a team of 7 peoples and 3 years ago we became OEM of laboratory equipments for pharmaceutical, cosmetic and food industries. I want to sell more in Mexico but also all over the world (USA included). I would be glad to have more tips about B to B market which is a bit diferente strategy. How do you sell "Emotion" on a B to B niche market? I will also be glad to have some pits about how to export. How to find the right strategy in a country with different language and culture? How to find a good distributor or partner in a foreign country? I would be glad to share my experience with you and with all your fans on youtube. I've learn so much the last 8 years. I would like to share it with my French accent. Hahaha!! Maybe I will open mi own youtube channel.
Hey dan lok.. What about doing business in unstable and declined economic country.. Is that good or risky
Video comes out early today. 😂 Watch it while in bed. Will watch it again 😁. This is gold.
Attitude of Gratitude + Daily Dan.
What could be a good strategy about licensing your patent to china or other countries?
Hey Dan! Please start more series of "Alpha Man Smart Woman"
Dan the man with the double ad in the beginning.
Hey Dan !
I want to be a surgeon in future that’s my passion.
But at same time I wanna make a business related to my passion. Can you advise me a better way of vision and make even more wealth from my passion.
Follower from India. ✌🏻
Maybe you could identify problems that surgeons face and create products or services to solve those problems
Yeah
Very informative. Thank you so much Dan for your inspiring advice.
Thank you, Dan.
Those "riskier" businesses (you gave farming as the example) that have a seasonal boom (I see retail as such a business, with the Christmas shopping season) and an off season lull (or worse, a total blackout zone, like yardwork in winter) are horrible First Businesses.
A First Business is one that offers a super simple service (you can hire someone off the street and they can do it) that is needed all year round (maid service, pet poop removal, etc) and produces recurring income (weekly, or monthly). Such a business is easily scalable. Every 16 customers I sign on for my current yardwork business (in Tucson, AZ - yardwork is year round) is a full time job for a Yardmaster(TM) who serves one customer a day, 4 days a week, 4 weeks a month, all year round. Three batches allows me to create another full time job (overhaul crew member, supervisor, etc.), so, every 48 customers lets me create 4 awesome jobs. I can continue to grow to millions of customers, easily.
This First Business becomes dazzlingly profitable in 100 customers or so, at which time it is fully able to angel invest in riskier businesses. Because, if they do it my way, labor costs are not included. Ever.
Hey Shifu..Can you explain difference between coach & Mentor in your next Video..peace..much love from india ❤😍😎👍
Nice tips again. i want to see tips of selling your youtube to company`s. Strategies to make deals with brands. Can you do somthing on that toppic?
Love the tips, Sifu!
Always a Great Pleasure and Honour to Learn from You! :)
How to Sell your Business for Massive Money...
I don't really get it what sifu Dan talk about maybe when I have a business to ran that I know it?
Sifu Dan I have a question how we know if we can be a leader or not?
Hey Dan, what to say when the customer is used to their old unproductive habits and don't want your more productive products?
Great video Dan
Great tips Dan!
Day in the life of dan lok!
I'm waiting to the point I'll stop get value from Dan's videos... nope.. watched 400 vids and still gets tones of value, I hate it, I want to know it all, I learned business admiration degree, and accounting and the guy made all the college looks like craaaap . speak with love though
Thank you sifu for a valuable tips again and a very sound advice💪👍👏🙏
Amazing
Very valuable points shared, thank you!
Superb explanation
Timely advice thanks
I like your motivations
Dan is the man !🔥 great tips once again
Great strategies!
Sifu Dan can you please make a video on high ticket offer commission rate on 50,000$ to 1M$
Should you create a business magazine for your company to educate customers about your brand? When is the best time in the business to do so?
very Interesting..
How to create a new job thinking out of the box ?
If I have a simple business like local pizzeria, what’s the best way to find investors to pay cash?
Great content as always
Thanks Boss❤️❤️❤️❤️❤️❤️❤️
did not expect this after watching his palm strike vid lol
why would you sell ur business if it has a steady growth?
Big return and focus on another business
video on fantasy marketing please
'Kill the baby' reference got me lol
motivational books were written for poor Africans because it's only Africans who substitute strategy with hope, pray instead of doing it. we Livein the world of cause And effect
Maybe YOU can buy my 30 year old company😃
"Buy the baby, kill the baby" Lol dam
There's some identification of issues here but the analysis and conclusions are off, they're anecdotally informed and not balanced with an understanding of how buyers buy and the more formal means of analysing business. BY DEFINITION ANY BUSINESS THAT HAS TRADED PROFITABLY OVER TIME HAS RECURRING REVENUE... DUH!
🤔🤔🤔🤔
I want to sell my company,
M early.
I wanna increase my insta
Great advice dan