How To Get Rich: 10 Reasons Why Most Don’t Become Wealthy

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 479

  • @DanLok
    @DanLok  6 років тому +247

    Enjoyed the video? Subscribe, Give it a Thumbs Up and Comment Below.
    (I actually read EVERY single legit comment from my loyal fans)
    Don't like the video? If you would be so kind as to
    FUCK OFF, it would be very much appreciated.
    You don't have to watch any of My videos.

    • @darkhaloproduction1
      @darkhaloproduction1 6 років тому +1

      Dan Lok I really enjoyed this video but I really want to know how you influence people with just your presence like In your videos every time I watch them I get goose bumps I work for a equity events firm who do events and panels to the top 10 percent who learn off each other and in the future I hope to meet you at one of those events thank you as always:).

    • @WiseMoney-i9n
      @WiseMoney-i9n 6 років тому +4

      Surprised that you actually read every comment? That is cool, we love all your videos, keep it up. Big thanks Dan

    • @ppatil909
      @ppatil909 6 років тому

      Dan Lok want to ask you something
      I took over an existing business
      Now i have to deal with all the employees who are older than me
      I want to know how should i behave like or treat them?
      Thank you in advance

    • @freddyli5356
      @freddyli5356 6 років тому +1

      Dan Lok The whole crew of that ship gives their thumb ups by using their ship horn.

    • @awhabet746
      @awhabet746 6 років тому +11

      Dan Lok People who don't like your video are given the RIGHT by UA-cam (on whose platform you depend) to dislike/downvote the video. Regardless of your perceived socioeconomic status as a multimillionaire or know-it-all guru or whatever, you are actually nobody to tell anybody to F### OFF. This is not China where hardly anybody has a voice. It's UA-camLand and we can all like or dislike any video at any time as we wish. Do not insult lest you be insulted.

  • @gregorkastratis6230
    @gregorkastratis6230 6 років тому +31

    "There's no failure, there's just only feedback" What a nice line!!

  • @ProjectLifeMastery
    @ProjectLifeMastery 6 років тому +300

    This is my favorite topic to talk about, as your MINDSET is the biggest thing that will determine your success and failure. Dan and I have such similar beliefs and viewpoints on this, because we've both cultivated the mindset through self-development to create the success we have today.

    • @francescoalba5414
      @francescoalba5414 6 років тому

      If you were a professional singer without much success... what advice would you give you to yourself in that scenario? Go and try to do something else?... and if that's the case... What would you tell yourself to do about all those years invested in developing technique and shit?

    • @bryanalro9129
      @bryanalro9129 6 років тому

      How to make a good reason for our destiny that we choose, because I try to make different habits but my badness always comes and difficult to eliminate, when I tried not to do it, but it was hard to hold backHope your answer

    • @ryanwalsh7517
      @ryanwalsh7517 6 років тому

      Absolutely

    • @corneltanady
      @corneltanady 6 років тому

      Agreeeeeeee

    • @viktorivanov117
      @viktorivanov117 6 років тому +1

      I totally agree! I also think that mindset is a muscle that needs to be trained everyday

  • @emanuelrouse7076
    @emanuelrouse7076 6 років тому +5

    I’m working right now on becoming more valuable. Moving from no degree to becoming a self taught developer. Baby steps.

  • @Challengerguy61
    @Challengerguy61 5 років тому +19

    He says he was making nothing?? $80-90k. That’s not starting from scratch. Making minimum wage and living on your own is starting from scratch. That’s reality people are out there making $20k a year and having to live on that .

    • @TypeMatch
      @TypeMatch 2 роки тому +1

      Perspective is everything. Someone living on a dollar a day would say that $20k/year is a lot.

    • @zdenka1125
      @zdenka1125 2 роки тому +6

      Change your mind set and increase your income is what you need to do...if you doubt yourself you will doubt others too
      Change this and believe it all starts from you
      I just started listening to Shifu and learning so much
      Believe in yourself okay
      No luck or hope... doit for yourself

  • @Burztur99
    @Burztur99 6 років тому +18

    Im young guy... i don't want to be businessman I just want to learn japanese in 6 years at perfect level and live in Japan..... but your videos are giving key ideas that I think will help anyone that got some goal... it will help them just not be affraid to this successful life, to not be afraid to make vision, goal , dream they have real....even if its such a small dream like mine to just live in Japan. And you are talking to us for free. I don't know you but I'm very thankful Sir. You are the man ! Thank you for everything !

  • @oreolart1449
    @oreolart1449 6 років тому +3

    Great comparision with the mindset of smoker and nonsmoker! I was a smoker for seven years, and I tried many times to quit and I couldnt. And I remember a day when I said "this is not me" and I quit just like that.Actualy, I started hating cigarets for making me to be someone I am not. I still do. All of my friend were smokers and I had no problem hanging around them with my firm decision that thats not me. Later on I stoped seenig those friends, I changed enviroment, it was so benefitial for my personal development. If I implement the same in business area, it will be amasing. Great conversation. Thank You both so much!

  • @itsarcade9394
    @itsarcade9394 5 років тому +3

    He say people want to be rich but dont want it enough, but thats not the problem, its not because we dont want it enough, the problem is that we dont know how to become rich, a lot of people work hard everyday to make money but dont know how to invest it and use it on their side

  • @taoist32
    @taoist32 6 років тому +3

    Brendon Burchard raises an interesting point about reaching goals. One of the habits he found was highly important is raising necessity. Rather a strong want, you need a higher need to reach your goal (whether it’s becoming rich or anything else). He went from being broke and in debt to becoming a highly respected trainer and a multi millionaire in 18 months due to raising his need to succeed.

  • @romienails
    @romienails 6 років тому +11

    I hope one day to sit down with these guys and have a conversation. I will meet with them in five years and tell them how much they help me.

    • @DanLok
      @DanLok  6 років тому +4

      You can make it happen sooner as you start here Romienails: www.fumoneybook.com

  • @prodiqi
    @prodiqi 6 років тому +5

    I lived in masterminds and seminars growing up with my mentor John hyland. I wasn't supposed to be there, I used to tag a long as well. I truly resonate with this story. What happened? I didn't apply it and let society change my mentality and became lazy in college. Man. I gotta get back to being in better environments and around HIGH INCOME EARNERS AND MULTI MILLIONAIRES AGAIN!!!!!

  • @Leo-tf3rw
    @Leo-tf3rw 6 років тому +27

    "Your Behavior follows your beliefs"

  • @tarrentyree1652
    @tarrentyree1652 6 років тому +59

    10 Reasons why most don't become wealthy: Lack clarity, Know what you want, Beliefs in something, Your identity, Who you spend time with is who you become, Be open to learning, Don't want to fail.

    • @bolshyurchin
      @bolshyurchin 6 років тому +5

      That's 7

    • @philipphilos4886
      @philipphilos4886 4 роки тому

      hahaha, the formula to become poor is very easy, but the formula to become rich is mysterious, many people attempt all that formula but and the end they are busted, and if all formula to become rich is true? then who will work for the rich people, since all people want to use this formula to make their life comfortable.

  • @seanhazelwood3311
    @seanhazelwood3311 6 років тому +7

    I am living "decently" on $30k/yr. So, I could live quite well on $100k, and damned well on $200k.
    I've never been afraid of hard work, but I Am afraid of hard work without equal return. Every time I try harder, work harder, etc., the return doesn't happen anywhere near equally.

    • @maryxyz2022
      @maryxyz2022 4 роки тому

      What gets meAsured, gets improved.

  • @with_palo
    @with_palo 6 років тому +22

    Most people my age (27) and in my area (Johannesburg, South Africa) just want to buy a car, trade it in after 5 years for another one, get a home loan, make children, retire and chill.
    The main cause of this is pressure from others to buy a house and pay it off in 20 years just to say, "I own a house". Peer pressure and conformity. I'm not wealthy yet, but I'm on my way there, and I won't get there with my peers' mentality.

    • @bloodymirpoutin3825
      @bloodymirpoutin3825 6 років тому +3

      Take the road less traveled..

    • @ROTHSTEIN01
      @ROTHSTEIN01 5 років тому

      Palo P brother that's exactly how it is here in India..!

    • @adolfozunguene158
      @adolfozunguene158 5 років тому

      Exactly how it is here in Mozambique. I’m 26 and started working 2years AGP but everyone is asking whether I have a house 🙆🏾‍♂️

    • @cosmicblox934
      @cosmicblox934 4 роки тому

      And then we wonder why Africa is poor

  • @cajuncraycrayvdw4824
    @cajuncraycrayvdw4824 6 років тому +1

    Spot on about assets vs liabilities! Money making vs Money draining. Great simple advice. Today's youth want instant gratification & end up empty after each purchase.

  • @AnnaJelen-TheTimeExpert
    @AnnaJelen-TheTimeExpert 6 років тому +4

    Thank you for this video Dan. I have experienced that people get lazy by distractions. They don't take the time and the effort to achieve something, they loose themselves in distractions. Thank you for inspiring us!

  • @sallykimaru953
    @sallykimaru953 6 років тому +4

    You have to believe in yourself first.Who you spend time with is who you become.

  • @LolaStyles
    @LolaStyles 6 років тому +3

    11:45 "I could do that too" That's exactly how and why I started my channel! Maybe I'm on the right track! Yesssss!

  • @2AATHYA
    @2AATHYA 6 років тому +2

    Hey Dan,
    I am from India, I really don't how i reached your channel, watching it all since last 3 days and I now certainly believe that people can get real education out of books, from simply amazing teachers like you.
    Thnx,
    Love & Respect from India.

  • @lindalam6296
    @lindalam6296 6 років тому

    Wow, there are so many principles in here not just for money, but to be successful in LIFE!

  • @dillanmistry
    @dillanmistry 2 роки тому

    I am where I am today because of my dream career, this video gives me more inspiration, Thanks Dan

  • @tylerbaker1760
    @tylerbaker1760 6 років тому +1

    I resonate a lot with the millionaire mindset. I currently make 2k a month but my entire family and old friends think I'm insane because I talk and act like a millionaire. To the point of being alienated and they dont even want to talk with me anymore. Which is good.

    • @DanLok
      @DanLok  6 років тому +3

      Joel, that is a reflection because you are what they are not.

  • @2168millar
    @2168millar 5 років тому +2

    I love the failure speech at the end, reminds me of a quote "A Sensei has failed more times than a novice has tried"

  • @AlecWyld
    @AlecWyld 6 років тому +1

    That point you made regarding how much money people actually need to accomplish the lifestyle they want is a really good point and I've honestly never seen it that way.

  • @YTAbady
    @YTAbady 6 років тому

    Gotta admit that Dan is not only a good speaker but also good listener

  • @deepakvadera2880
    @deepakvadera2880 6 років тому +1

    Clarity is KEY! Dan is an overall amazing mentor whose advice can be virtually applied to almost everyone regardless of what point they are in life.

    • @ismailnapari1961
      @ismailnapari1961 5 років тому

      I'm so happy to watch this video.
      The idea of CHANGE Your ENVIRONMENT TO GET New OPPORTUNITY is my favorite. Thanks Dan and Stefan.

  • @brewcrewster
    @brewcrewster 6 років тому +28

    No Skin in the Game = No Game. Thanks for another great Video Dan and Stefan!

  • @anupsagar1990
    @anupsagar1990 6 років тому +10

    I could listen to this for hours.

  • @nikkiadaniels5194
    @nikkiadaniels5194 5 років тому

    Having financial freedom has been a goal since I was 15. I haven't quit yet.

  • @OscarMartinez817
    @OscarMartinez817 6 років тому +127

    Biggest reason is simply because people slack off on EVERYTHING, focus and get shit done otherwise you'll forever stay in the lower class you're in 🤔

    • @taoist32
      @taoist32 6 років тому +15

      Oscar Martinez - Independent Mentality They don’t have a strong Why or need to reach their dreams. We are lazy by nature because we are human. Humans are not necessarily hard workers, we enjoy not striving. Necessity raises the game. Make a dream or a goal as a necessary part of your life, and we naturally gravitate towards those actions and behaviors that will help us achieve our dreams.

    • @OscarMartinez817
      @OscarMartinez817 6 років тому +2

      taoist40 exactly so we got to push ourselves out of that same mentality if not for us for our families 💪🏼

    • @bloodymirpoutin3825
      @bloodymirpoutin3825 6 років тому +1

      Plus, instant gratification.

    • @michaelgetchell4630
      @michaelgetchell4630 6 років тому

      Oscar Martinez - Stock Market Hustler 3e 15th

    • @debrabrittenham8082
      @debrabrittenham8082 5 років тому +1

      For sure! You hit it right on.. :) Frickin lazy and not willing to take the risk and the work involved to just get it done whatever it may take even when you don't feel like it.

  • @mrp.8577
    @mrp.8577 6 років тому +1

    In order 4 Dan 2 get to 1 million subscribers, he had 2 change the way he does things & its working. These new on-location videos/Boss in the Bentley just proves that he really does practice what he preaches.

  • @taijauron8970
    @taijauron8970 4 роки тому +1

    Love your videos brother. One of the reason I think people doesn't become rich is because they accept the norm about who they are and settled for what they have. They have no desire to learn about investing into their future. Often times, they aren't even worried about retirement until it's too late. I came from a very poor and humble begining but I sacrificed allot to get where I am at.

  • @carlosuter3341
    @carlosuter3341 4 роки тому +1

    There is no failure, only feedback.

  • @JohannesSteinray
    @JohannesSteinray 5 років тому +1

    I really like this conversation because it touches many “poor mentally taboos” I invested a large amount in starting a recording company that failed majorly! Owing banks, friends etc. was a devastating emotion that I held onto for a long time. I wasn’t bad at my profession but I was not well informed so I just burned money on artists that ended up getting good deals from other labels that knew the business much better. I began coaching singers from Xfactor, got talent, voice etc. and made ok money but was afraid to take my coaching business to the next level, so I jumped from contract to contract. Although I was the core value I continued working for other companies and only kept a few students privately. So I completely understand how many of us are dead scared of the responsibility that comes with starting or growing our own business. Surrounding ourselves with richer people is definitely inspiring if we just take the good advice that they possess. And yes many are not smarter than you and I. In fact I got myself into trouble by arguing with my bosses because I saw potential that they didn’t. Advice: keep your mouth shut and ears open. What they had that I didn’t, was the balls to run their business, so of course they wouldn’t listen to all my pearls since I was just hired, so as you mentioned: bring value to the table! Don’t just be a smart ass. You guys touch many great areas. I actually been looking at tons of videos and many of them are full of shit, and many also irrelevant for my business. But your talks and attitude covers things in common for all businesses, because it’s the mentality of a healthy businessman. Cheers! J.

  • @michaelakuoko1295
    @michaelakuoko1295 6 років тому

    How i wish i could have been watching your posts when i was much younger. However, i thank God for your life.

  • @rcolucci09
    @rcolucci09 5 років тому +1

    Its important to have right mindset however smiling all day doesn't make you money.

  • @Kayeinel
    @Kayeinel 5 років тому

    Yep, environment is a lot more powerful than willpower. When I seclude myself, I am more productive effortlessly; but when I'm surrounded by distractions (noisy, not-doing-much people), I have to force myself to work.

  • @misisbaling4590
    @misisbaling4590 5 років тому +4

    When I watch u and see u I remember someone from Vancouver... shrinking his business😊
    He is wrong.... and me too as well...multi tasking well make us both poor.....cultivate and mastery of leverage....

  • @ff-ww7uj
    @ff-ww7uj 6 років тому +8

    i wasn't even interested in this one at first because of the boat,but this was very motivational and educational I'm gona have to watch again to get alll those points,but it gave me a wavy of strength &motivation,Dan Lok is really cool!

  • @azadkamil6193
    @azadkamil6193 6 років тому +1

    I believe in my self I’ll be a successful business man in future but I’m only 16 now so I’m only starting to have a good understanding from these videos what to start working on to improve my lifestyle.

  • @MarkWettinger
    @MarkWettinger 5 років тому

    It's not what you know or who you know, but who you are!

  • @1RSTurbo1
    @1RSTurbo1 6 років тому +3

    I think a big reason people dont become wealthy is because what you said. People are scared to fail. They think about the consequences. If they spend all this money and it fails they will lose everything. Im interested, you talked about failing at the end. When about in your career did you make your first big fail? was it after you had made your millions or before? From what i know people dont take risks if they afford to lose.

  • @benjaminsword9907
    @benjaminsword9907 6 років тому

    It’s great to see 2 real blokes talking about the keys to real success

  • @A8.Z
    @A8.Z 5 років тому +4

    It all starts with mindset which will determine our identity. Thank you for this video Sifu Dan! 🙂

  • @waynechua1992
    @waynechua1992 6 років тому +3

    It's either you upload at the perfect timing or I am sleeping too late. I love your videos! Keep em coming. Boss in the UA-cam.

  • @SiimLand
    @SiimLand 6 років тому +6

    That sitting at the park bench is so idyllic @14:40

  • @alias4216
    @alias4216 6 років тому +3

    These videos with the two of you are so immensely valuable. Keep up the amazing content!

  • @misisbaling4590
    @misisbaling4590 5 років тому

    I thought I was good at closing deal...but still am poor...Am on garments supply...this awakening....fight again....

  • @Fear-Swag
    @Fear-Swag 3 роки тому +2

    People don’t change by motivation they change by discipline 😔

  • @SagarKumar-su2jo
    @SagarKumar-su2jo 3 роки тому

    Thank you Sifu Dan Lok Sir...... My all family loves you.

  • @musafir123
    @musafir123 2 роки тому

    Mr dan i am from india watching your vedios from long time as an asian you are very inspiring that you teach in english to internationally

  • @bluecollarandrich9508
    @bluecollarandrich9508 6 років тому +3

    Another great video with these two! They have seen it all. We all need to start LISTENING and take massive action!

  • @wesnohathas1993
    @wesnohathas1993 6 років тому +1

    Environment has definitely been a hindrance for me in the past.
    I've had more time to myself lately, which has certainly been helpful, but I still haven't found anyone who can really support me in achieving my goals.

  • @bettertube
    @bettertube 5 років тому +6

    MINDSET IS EVERYTHING!

    • @FearlessDreams
      @FearlessDreams 4 роки тому +1

      and perseverance to get you out of the hard days that the mindset can't handle.

  • @damirko
    @damirko 6 років тому +47

    Great video Dan. I think one of the things people don't realize is how much do they really want and need. People will say i want 100 million. ok fine, what for? I think like you said they don't realize it might be far less if they put it down and got to brass tacks on it. Because once they get it all, the homes, cars, travel, clothes, bling etc. It might be a whole lot less and not as intimidating number wise.
    Its funny you mention on how bright some people are. I've met some very wealthy and successful people and it seems they just found their nitch and went for it. They didn't let failure be an obstacle but a teaching tool. But when you sit down around them many times you think WTF I'm a hell of a lot smarter then them., so what the fuck am i doing wrong that im not making 1,000 times more.. It def makes you think were are you putting your time and attention. Many times its in the wrong direction or place and the only person that can change you is you.

  • @DaveDaily42
    @DaveDaily42 6 років тому +3

    For a long time, I resisted the idea of "pay to play" because I was afraid to get scammed. Many years later, I'm just starting to see that paying the admission to get your brain in and around successful minds is a bargain. It's one thing to buy a book from a successful person, but it's quite another to actually be around the author. If you don't have the money to pay to get into a successful inner circle, find it.

    • @DanLok
      @DanLok  6 років тому +2

      Good David.

  • @nonolabs
    @nonolabs 6 років тому +2

    I just found your videos. This is my third video. I'm not just watching, I'm taking notes. Thanks.

    • @DanLok
      @DanLok  6 років тому

      Well done.

  • @millionairecoach4129
    @millionairecoach4129 5 років тому +3

    You’re totally right. You need to start and keep focus. 🙌🏼🎉

  • @jasonstallworth
    @jasonstallworth 6 років тому +2

    By greatest 'want' is ultimate freedom and I'm extremely passionate about not having to go to a job anymore. You waste so much of your life at a regular job, 8-10 hours or more per day. It doesn't matter if you make a good salary because the government takes more in taxes. So it's true that you (we) really have to venture outside of that and think bigger and educate ourselves to create income and assets. I'm on my way!! And Dan, I appreciate your videos and your book FU Money, which I just finished!

  • @fernandocavalee637
    @fernandocavalee637 6 років тому +2

    may you become even more rich and God give u even more wisdom to share.
    you are correct about that rich people are not that smart, thanks for remind me about that.
    i once was realise it in the past, but forget. today, u remind me again.
    that's the gold nugget right there :)

  • @DaveDaily42
    @DaveDaily42 6 років тому +4

    Stefan, I'd be interested to know what kind of millionaire level events you paid to go to. Were these coaching programs, conferences, all of the above? Thanks.

  • @tamxo2451
    @tamxo2451 6 років тому +5

    I always re-watch your videos so the thought processes and lessons actually stick in my head :) Appreciate the content Sifu.

  • @mittu123vik
    @mittu123vik 6 років тому +1

    One requires money to make money. Good talks won't make a dime. If you have cash surplus you can think of taking risks. Otherwise if life pulls you in all directions it becomes hard to even focus on one thing.

  • @mariekatherine5238
    @mariekatherine5238 4 роки тому +1

    Easy, I don’t care enough about being rich, therefore I don’t put in the effort, preparation, etc. to be rich. In my mind Being Rich IS NOT EQUAL to Success in Life.

  • @FelixNew
    @FelixNew 6 років тому +10

    This is amazing! Great collab. Videography is onpoint too

  • @liselavigne7631
    @liselavigne7631 6 років тому +3

    I really admire you Dan. Thank you for teaching us.

    • @DanLok
      @DanLok  6 років тому

      Thanks Lise.

  • @LegoMotionandMore
    @LegoMotionandMore 5 років тому +1

    Stefan James and Dan Lok, great combo, best two out there!

  • @NaturalBeautyGlow
    @NaturalBeautyGlow 6 років тому +3

    The style of this video is next level ✔️

  • @honord8881
    @honord8881 5 років тому +1

    I get the mind set, I understand visualization. I don’t understand how! I’ve said since I was young that I’m going to be a millionaire, and yet I’m in my thirties. Not even close.

  • @retrodig
    @retrodig 6 років тому +1

    Absolute pure gold. Big "Thank you" to both of you. You keep changing our thinking and we really appreciate that so much. God bless you!

  • @IvyZhu
    @IvyZhu 6 років тому +23

    *Great video! Stefan motivated me to start a kindle publishing business in 2015*

    • @ryanwalsh7517
      @ryanwalsh7517 6 років тому +2

      Ivy Zhu how’s it rolling

    • @FaceTank-z8g
      @FaceTank-z8g 6 років тому

      hows it going man? I'm new to being an entrepreur and trying to ake any tips I can!

    • @awhabet746
      @awhabet746 6 років тому +3

      Ryan Walsh The scheme with Indian ghost-writers wrting you sh'tloads of kindle books which you "publish" (pollute Amazon), that scheme that Stefan advertised has been dead for quite some time. Stefan is smart in that he realized he could make WAY more money selling a course about this scheme, rather than just collect his publishing royalties from Amazon. (In other words, the let-me-tell-you-how-to-make-money market is a huge, lucrative market with plenty of small-timers ready to line up your wallet.) You have to always look at what somebody is doing, not just what he is saying. In the case of Stefan, there are many discrepancies. I don't know about the Chinese guy in this video, but you know, birds of a feather flock together.

    • @aashpreetkaur1803
      @aashpreetkaur1803 6 років тому

      How is it going now..pls share? Did you succeed?

  • @metrinityredbranch7187
    @metrinityredbranch7187 6 років тому

    THANKS FOR BEING REAL. TRUTH IS ENCOURAGEMENT AND IT WILL SET YOU FREE TO HELP OTHER. I NEEDED TO HEAR THIS TODAY!

  • @sopon81
    @sopon81 6 років тому +1

    Dan I smiled and felt so so good when you said i was millioner in mind when i didn't had anything I was never worried about gas price or whatever... I felt good and smiled because even am not concern about the gas price and so on, but right now am so zero almost next to nothing I have a car sometimes I go so broke that I can't even put gas on it😅... I always try to be optimistic but sometimes it's very hard to deal with but your videos are helping me a lot... thank you sir🖒🖒

  • @chriswilcox8977
    @chriswilcox8977 6 років тому +3

    Currently joining business network groups where the members are inspirational... Sitting with those who are happy with the status quo is not helpful to those who want more.

  • @michaelasmith8315
    @michaelasmith8315 6 років тому

    Can I just bring up this point..I see a lot of people bringing up this “time and effort” thing and this “you have to work hard for what you want.” I think those who are saying this are missing the point. You should always start with your mindset. Then the action will follow through. Hard work is work that’s hard imo. It’s not hard work anymore when you’re doing what you want and seeing the results. It’s not time and effort anymore because that time and effort was already spent on finding what you really want. If wealth is what you want you have to feel it before you experience it. Wealth should never start with hard work and effort because you will only be exhausting yourself and much time and effort is wasted because you most likely won’t be satisfied with the process. Feel rich first then you’ll be inspired to do something or receive wealth through some source. The law of attraction is mostly what plays the biggest role here.

  • @InsightfulJourney572
    @InsightfulJourney572 5 років тому

    Definitely needed this video. It made me realize I'm not spending enough money to reach my goal.

  • @amarbirsinghsandhu1568
    @amarbirsinghsandhu1568 6 років тому +1

    A Goal is a CONSEQUENCE of the PROCESS that you follow. Master the process and the RESULTS will come.

  • @cherylkoyzan5674
    @cherylkoyzan5674 6 років тому +3

    Hi Dan. Loved the video. Who is this fellow? He makes so much sense as well. Hiring a coach is a great idea. What kind of coach?

  • @williamstanley4960
    @williamstanley4960 4 роки тому +1

    Why defines What.
    The value of what you do is established on the foundation of why you are doing it.
    Your Why must be strong enough to carry you through the insanity of running a business, until you learn to stop running it, and let those you hire run it through the systems you have built.

  • @okogbuosunday139
    @okogbuosunday139 5 років тому +5

    Actually the topic is awesome, have the fact of successful life

  • @kujo2499
    @kujo2499 6 років тому +5

    Superb content and video quality is getting better and better!

  • @raygacy
    @raygacy 6 років тому

    It's always about mindset. The reason why some are more successful is because of their mindset, their consistency, their ability to bring value to people & leverage through collaboration. :)

  • @George-nn8ui
    @George-nn8ui 6 років тому +2

    This is really good advice, what do you want for your lifestyle, then set that goal into a workable solution. Like you said, a realistic goal to obtain.

  • @santoshpariyar1457
    @santoshpariyar1457 4 роки тому

    wow, everytime when i watch your videos,
    I get something new to learn and apply in my life.
    Thank you for such great videos and lessons to motivate to achieve a goal in life.

  • @indikarathnayake5573
    @indikarathnayake5573 2 роки тому

    Thank you so much for sharing this video. One of the best I have seen.

  • @therealempress
    @therealempress Рік тому

    This video is very inspiring to Canadians! I love you both❤️Thanks for your work!

  • @charlesmatthews2376
    @charlesmatthews2376 6 років тому

    So Dan, what video would you recommend that would show what it would look like if a person ‘wanted it (to be wealthy) bad enough?’

  • @jidesalau5368
    @jidesalau5368 6 років тому

    Hi Dan! Thanks for your uploads. Since I began following you in January a lot has changed. My adverting billing in the first quarter has tripled entire 2017 billing. In 30 days may - june, we achieved automation that's beyond what we've done in 3 years in 30 days. As a public speaker, I have become highly sought after. Thanxxxyyyyy

  • @wwt17
    @wwt17 6 років тому +8

    My guess is that most of those 1300 daily new multimillionaires are created by the stock market and specifically from 3 March 2009 to present. It has been on a tear since the day it turned around on 9 March 2009. Had a passive investor - the person who will get THE WORST RETURNS, average at best - invested in 100 shares in the major indices, DIA, IWM, QQQ and SPY he or she would have done pretty well. 100 shares of DIA at that time cost $6,600, today? It's worth $24,100. Add in your approximate divis of $1,300 and you're up to $25,200. IWM cost $3,500 on 9 March 2009. Today they are worth $16,300 plus another $1,300 in divis over the period and you've got $17,600. Take the same 100 share investment in QQQ. It cost about $3,000. Today they are worth $17,000 and, again, add in $1,300 or so in divis and you have $18,300 . 100 shares of SPY would have cost about $6,700. Those same 100 shares trade for about $27,000. That doesn't include the approximate $400 per year in divis. So In SPY you're at $30,600.
    So an initial investment of, call it $20K is now valued at about $91K. Now, of course that's cherry picking dates, but hey, you're an idiot if you don't think that is what mutual funds do. NONE of them will show you their performance including dates before 2009. Also, those are not diversified investments. They all have a correlation of about .8, i.e. the move together for the most part. And yes, anyone who would have used conservative options strategies during that period alongside their long positions would have crushed the market returns so I'm not advocating passive investing at all.
    But, again, I will say that most of the millionaires are created from stock market wealth and not some crazy drive to be successful. You two are statistical outliers.

  • @Sanjay123-v2o
    @Sanjay123-v2o 6 років тому +3

    Dan! big flower from Nepal🇳🇵.
    Dan is my king and inspiration 🔥❤

  • @bhumesh6477
    @bhumesh6477 6 років тому +4

    dan make a video on how to create systems in business so that every time.I don't need to work in the business (which anyone can do) but i need to give time ON business

    • @DanLok
      @DanLok  6 років тому

      I have many. I challenge you to find them.

  • @luckyzulu8203
    @luckyzulu8203 6 років тому

    Failure is a learning process.if you don't fail you don't learn

  • @JackieWCox
    @JackieWCox 6 років тому

    Dear Mr. Dan Lok,
    I really appreciate and enjoy your videos. I have learned a lot. Thank You so much Sir.

  • @lilikiflu7805
    @lilikiflu7805 3 роки тому

    thanks, Dan appreciate your kindness to help.

  • @qcallc6387
    @qcallc6387 5 років тому

    Listening to this video in the car around 10min 38sec, we thought one of our tires went flat! We literally just got all four of our tires replaced with tires purchased from a popular classified ad site and panicked.
    Thank you for this video, though. Many great ideas!

  • @milliondollaradvice9779
    @milliondollaradvice9779 5 років тому

    Thanks for teaching us the lesson what thousands of books can't

  • @TheBossEntrepreneur
    @TheBossEntrepreneur 6 років тому +2

    That was some dope stuff. Dan Lok your content is surprisingly amazingly good!
    And love the outro. Im a go watch part 2 now!

  • @investireocaminho33
    @investireocaminho33 4 роки тому +3

    The more you learn the more you earn
    Warren buffett
    Great video Dan

  • @oreolart1449
    @oreolart1449 6 років тому +2

    "In that case You dont play to win, You start playing not to lose!" "There is not failiours, theres just feedback!" "Marketing is about failing fast, so You know what doesnt work and You move on." Awesome!