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Dan Lok: What Does It Truly Mean To Run A Business
In this episode, I interview Dan Lok. Dan has been blowing up on Youtube, and in his videos, he gives sound practical advice that entices the reader to gain valuable information on business and personal development. Before he became “famous”, he was a copywriter that gave him his first taste of success since he could bring in $10,000 every month.
01:39 - Introduction to the show and guest
02:30 - Dan’s background and how he got into marketing
05:30 - How he grew the business from 6 figures to 9 figures
07:29 - Identify the proper marketing for your business so you won’t blow all budget on advertising
10:20 - Why problems get bigger when companies get more successful
12:30 - Habits to meet your monetary and personal goals
16:20 - Challenges that Dan faced and overcame
19:03 - Lifestyle changes that lead to success in a big way
21:30 - Staying hungry and not complacent
24:30 - Fight the urge to sit down and do nothing.
26:20 - Thoughts on build credibility and start building an audience now
29:31 - Why it is good to have friends in various businesses and stay in touch
34:04 - How to seek out mentors and not be afraid
40:30 - Secrets to scaling your business using multiple channels
53:20- Trends to pay attention to this year
58:20 - Getting your businesses aligned to the greater goal of serving customers
Key quotes and lessons shared by Dan Lok:
“Don't spend the money, put the money aside because no business will always grow. It's always ups and down. So when the times get tough, if you have the money put aside now, when your business needs that money, you can save the business.”
“A high income skill is a skill that you develop through programs or courses to make you money. Then once you build those skill, you have a scalable business.”
“As an entrepreneur, you need to convert that revenue into investments. So you can spend the profit from the investments to buy the fancy car, buy the fancy house, but don't neglect the revenue.”
Links:
https://www.youtube.com/danlok
https://danlok.com/
https://www.instagram.com/danlok/
https://www.linkedin.com/in/danlok/
View all episodes
By Sep MoblifardIn this episode, I interview Dan Lok. Dan has been blowing up on Youtube, and in his videos, he gives sound practical advice that entices the reader to gain valuable information on business and personal development. Before he became “famous”, he was a copywriter that gave him his first taste of success since he could bring in $10,000 every month.
01:39 - Introduction to the show and guest
02:30 - Dan’s background and how he got into marketing
05:30 - How he grew the business from 6 figures to 9 figures
07:29 - Identify the proper marketing for your business so you won’t blow all budget on advertising
10:20 - Why problems get bigger when companies get more successful
12:30 - Habits to meet your monetary and personal goals
16:20 - Challenges that Dan faced and overcame
19:03 - Lifestyle changes that lead to success in a big way
21:30 - Staying hungry and not complacent
24:30 - Fight the urge to sit down and do nothing.
26:20 - Thoughts on build credibility and start building an audience now
29:31 - Why it is good to have friends in various businesses and stay in touch
34:04 - How to seek out mentors and not be afraid
40:30 - Secrets to scaling your business using multiple channels
53:20- Trends to pay attention to this year
58:20 - Getting your businesses aligned to the greater goal of serving customers
Key quotes and lessons shared by Dan Lok:
“Don't spend the money, put the money aside because no business will always grow. It's always ups and down. So when the times get tough, if you have the money put aside now, when your business needs that money, you can save the business.”
“A high income skill is a skill that you develop through programs or courses to make you money. Then once you build those skill, you have a scalable business.”
“As an entrepreneur, you need to convert that revenue into investments. So you can spend the profit from the investments to buy the fancy car, buy the fancy house, but don't neglect the revenue.”
Links:
https://www.youtube.com/danlok
https://danlok.com/
https://www.instagram.com/danlok/
https://www.linkedin.com/in/danlok/