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Dan Lok- Exclusive Interview With Self Made Multi-millionaire

Dan Lok

Financial independence is one of the prime sources for achieving freedom and abundance in life. There are several ways we can earn money but working with high ticket clients grows the total net-worth quickly and reduces the hassle. When we shift the mindset of working for a paycheck to earning passive income, we begin to attract the multiple streams of money. Rather than saving, a habit of investing will ensure the financial freedom we desire.

Meet Dan Lok, self-made millionaire and business mentor. He is recognized as the master of high ticket closure and has been featured on numerous authority media like Forbes, Entrepreneur, USA Today, ABC, CBS, FOX Business, Goalcast, Entrepreneur on Fire and more.

Hello Dan, we are thrilled to have you on our media. Please tell us more about you and your business

Thank you for the invitation, I’m happy to share my expertise with your audience. Growing up there were several events that pushed me toward building a life without fear of not having sufficient money. The experiences helped me to start but to be honest, I failed in 13 different businesses. The journey taught me numerous lessons which I believe is extremely significant for all aspiring business owners or entrepreneurs. 

All my videos train to create a thriving business in diverse niches like Copywriting, personal branding, freelancing, public speaking, social media. How to sell high- ticket consulting services, and more can be found on Dan Lok Shop.

 

What advice would you like to share with young entrepreneurs?

I understand the excitement of an individual who wants to become an entrepreneur and make an impact. This enthusiasm without proper guidance leads numerous young entrepreneurs toward burnout and failure. 

It is vital to have a coach or mentor by your side who will guide and support you to create a thriving business. Investment in mentors or courses will assist you to administer the business efficiently. For a solo business owner, the first year is often a learning process and it’s comparatively hard to earn the desired income by attempting to do all the work by yourself.

But working with a mentor enables you to learn and grow the business at the same time. Mentors can help you to achieve results from the first month and reduce the uncertainty of bankruptcy. 

Start taking action and become mindful of the business approaches. It is crucial to have a plan beforehand and function according to it. Without a blueprint, it’s impracticable to strengthen a successful business.

Why do you think an entrepreneur should create a 7 figure business?

Managing a company worth 7 figures means owning the confidence of a millionaire. To attract abundance and freedom it is important to build a 7 figure business. It is easy to charge $1000 for the following client when a previous customer happily pays the amount. It’s a similar case; once you build a million-dollar business it’s smooth and takes a shorter time to establish another.

One of the essences of building a 7 figure business is that when a millionaire loses everything they don’t give up. They know the method of growing a successful business and their next target becomes multi-million in revenue. This is the level of confidence a 7 figure business brings out in an individual.

Let me tell you again, 7 figure business is not about the money. It’s the comfort and living up to the fullest potential. 

 

Any high income skill ideas you will like to share with our audience?

You can have high-income skills in any field and anyone can achieve. Whatever business you operate, the top priority should always be customer satisfaction and high-quality work. With The money clients pay you, you should maximize their business revenue and multiply the outcome of their investment. The quality of the results you provide will impact the level of your earning. If the outcome is very high clients will increase their payment for the service.

Spend time learning about the industry you are currently in and put effort to establish yourself as an expert. One of the essential characters to attract high ticket clients is by building a strong personal brand.

If you haven’t started any business yet or thinking of beginning the entrepreneurship journey as a freelancer, these are the top high-income ideas:

Digital Marketing: In today’s generation every single business is required to have an online presence. Business owners should catch up on the trend to sell the product online. Without this practice it is relatively difficult to accomplish success. The demand for digital marketers is increasing rapidly and you can take advantage of it. 

When you successfully create your business website, social media profiles and search engines presence by SEO and content marketing, you can replicate the process for the clients and help companies to grow as per their requirements.

Public Speaking: This is one of my favorite high-income sources but you need to exhibit yourself as an expert or an authority. Public speaking means becoming a consultant to a mass audience and providing them the strategies or motivation which are required to improve their lives and businesses. 

Real Estate Agent: Real estate is a rapidly growing market with less risk and high-profit opportunities. Becoming an agent allows you to work on your schedule and supply unlimited income potential. Get the license, it will be worth the time and money. 

 

It was great to learn some of the business tips from Dan Lok. We hope reading his answers has helped you to take proper action. To get additional tips or information about courses that will help you to create a thriving business online, check out Dan Lok Shop.

Sujan Pariyar is the founder of the "Think 7 Figures" magazine. He shares stories of inspiring entrepreneurs from all around the world and tips to create a better life & business.

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