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Personal Mastery

9 Books For Every Aspiring Millionaire..

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Here are some shocking stats…

If you took 100 people, by the age of 65, only one will be rich.

4 would be successful.

35-40 had died.

And the rest would be dead broke.

I don’t know about you, but those are terrible odds, wouldn’t you agree?

So, if you aspire to make more money than most people, I can tell you, it all starts with your mind.

I was a millionaire in my head before I ever became one on paper.

There are a few key books I’ve read over the years that helped me achieve multi-millionaire status, and today I’m going to share them with you.

So let’s get started.

Rich Dad Poor Dad – Robert Kiyosaki

This book follows the childhood life of author Kiyosaki, a child from an average American family, and his quest of discovering how to become rich.

He learned about money from two men in his life growing up.

One was his father (his poor dad), and the other was a friend’s father (his rich dad).

What he discovered was the two had very different ways of thinking.

While his poor dad advised him to study hard and get a job…

His rich dad taught him not to work, as it’s the rich who have employees and assets working for them.

He discovered the difference between assets and liabilities.

He discovered the difference between being an employee, a business owner, someone who’s self-employed, and an investor, and which ones you want to be if you want to become rich.

He also discovered the truth about passive income, and much more.

This book is essential to gaining the mindset of an entrepreneur and an investor, and if you’d like a complete summary in under 9 minutes, then click here >>

Richest Man in Babylon – George S Clason

Touted as a personal finance classic, this book contains 7 timeless financial principles, that will change your life in a big way.

The short stories inside share wealth building secrets used by financially successful people throughout history.

It covers simple strategies such as saving 10% of your income.

How to control your expenses.

How to make your money work for you and much more!

If you’d like a quick summary of this book, then click here >> 

The Latte Factor – David Bach

One day, Bach, who was teaching a course on personal finance overheard one of the attendees say she didn’t have any money to invest.

This attendee said this as she sipped a latte.

The premise of the book is that if you skip a daily expense such as a latte, and instead invest the money you save…

Over time you’ll have multiplied that money many times over.

In the book, Bach teaches why you don’t have to be rich to live rich.

Among the lessons you’ll learn inside are:

  1. How to manage your small money
  2. How to overcome the false beliefs about money and how to get into the mindset to live rich
  3. How to make your dreams come true, by applying the 3 principles of financial freedom
  4. And much more!

Here’s a summary of the main points in video format for your viewing pleasure >>

The Success System That Never Fails – W Clement Stone

Written by a phenomenal salesperson, Stone shares his story as well as a host of other success stories.

He states there is a recipe of success that always works.

That recipe includes 3 steps, which are 1. Inspiration to action; 2. Know how; and 3. Activity knowledge.

This system is based on “success indicators”, which in his case were his sales records.

Stone documented what worked for him, as well as phrases his customers responded to.

This book is well worth your time, and if you’d like an in-depth summary, check out this video >>

Principles – Ray Dalio

In 2015 Forbes estimated Dailo’s net worth to be around $15.4 billion.

This made him the second-wealthiest hedge fund manager behind George Soros.

In Principles, Dalio states that his success is governed by a set of principles he created for his life and business.

One of the core life principles Dalio mentions is embracing reality, no matter how difficult it may be.

Having an ultimate goal in your mind is another way to ensure success.

When you have a carefully selected goal and everything revolves around you achieving this goal, you’re far more likely to achieve it.

Having radical truth in your life is another key principle Dalio speaks of in his book.

Your ability to be honest with yourself in any situation allows you to course correct where necessary, which allows you to evolve. 

The principles you create for your own life help you make decisions no matter whether your situation is favorable or unfavorable.

Be sure to give Principles a read and apply what you learn.

I guarantee your life will improve year on year.

Unlock It – Dan Lok

After taking a few years between books, I wanted my next book to be a force to be reckoned with.

I put my heart, soul, and life’s work into my 15th book, Unlock It, which literally hands you the key to wealth success and significance.

Whether you aspire to become an entrepreneur, CEO, educator, gain financial independence…

Or get a promotion, quit your job, or become a freelancer…

Unlock It will show you how.

Inside you’ll also discover my famous Wealth Triangle Principle… how to uncover your high-income skill… find out if you have what it takes to finally fire your boss… and so much more.

I’m very proud of this book, so click here to check it out if you’ve not read it >>

In Closing…

I was originally going to share 9 books with you but we’re running out of time.

So click here for the full list of 9 books I highly recommend if you aspire to become a millionaire >>

When you think about it, financial success is all about developing the right skills, being good with money, investing it wisely, and living by the right principles.

It’s simple in theory, but not easy.

Until next time

Dan Lok

P.S. – If you’d like to develop the money habits of a millionaire, you’ll love my training Millionaire Money Habits >>

Inside you’ll discover how to develop the money habits that can make you rich and win more friends and influence more clients.

Why EQ Eats IQ For Breakfast..

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If you caught our last newsletter about achieving success in 2023…

You may remember one of the secrets was Good Communication and Interpersonal Skills.

Well, today, I thought I’d give you actionable tips to improve your Emotional Intelligence.

Because when your emotional intelligence improves, so do your communication and interpersonal skills.

This in turn makes you more successful financially.

Personally, I believe Emotional Intelligence (EQ) eats Intelligence (IQ) for breakfast, and in a moment, you’ll see why.

THE BAD NEWS: Emotional Intelligence is made up of 4 elements.

Self-awareness, Self-management, Social Awareness, and Relationship Management.

THE GOOD NEWS: When you work on one of these areas it helps you improve others.

My best advice would be to work on self-awareness first, as I believe this will bring you the biggest results in your life, and relationships, both business and personal.

But if your self-awareness is already at a decent level, then you’ll have other areas you can work on if you wish.

How To Improve Self-Awareness

Personality Tests

Companies often ask prospective employees to do a personality test before their interview.

This gives the company a good idea about how each individual works and whether they’d be suitable for the role.

So, if you’d like a deeper insight into your personality, you could try the DISC Test and the GEMS personality test.

You can find these online, via Google.

Seeking Feedback

Very often we’re in our own world, and we have little clue as to how we’re perceived by those around us.

Seeking feedback from friends, family, and work colleagues is a great way to gain others’ insights.

If they provide honest feedback, it may not always be what we want to hear, but it’s necessary for our growth.

Practice Mindfulness

Being aware of your emotions and thoughts is another way to improve self-awareness.

Ask yourself, where your thoughts are coming from.

Because behind each thought is likely a long-held belief.

When you’re aware of your beliefs, often they may limit your success, and this gives you the power to change any beliefs that don’t serve you.

Journal and Reflect On Past Events

Writing down your thoughts allows you to process them and understand them better.

You can also use this chance to reflect on how you acted in the past and what you would do differently the next time a similar event arises. 

This 2-minute video gives you 3 important and actionable tips for improving self-awareness that will make the above things far easier to implement >>

Tips for Improving Self-Management

With improved self-awareness, your ability to manage yourself and your emotions improve…

And personally, I believe what most people call time management, is really self-management because time can’t be managed. 

To see what I mean, click here to watch this video for 3 “time-management” tips >>

Better self-management will greatly improve many areas of your life.

3 Ways To Improve Social Awareness

Social awareness is all about understanding others and social and professional situations.

It’s important to keep an open mind in social situations.

With that said, here are a few ways you can improve social awareness.

Listen Actively

Focus on what the person is saying and do your best not to speak until they’re finished.

Ask insightful questions to dig deeper and add value to the conversation.

Pay Attention To Nonverbal Cues

55% of communication is done through body language, and vocal tone makes up 38%, which means the words you speak only account for 7% of communication.

So it pays to notice facial expressions, posture, and tone of voice, to gauge how the other person is feeling and what they really mean when they say certain things.

I think you’ll agree, it doesn’t matter what someone says, it’s more about how they say it and what their body language looks like.

Practice Empathy

Put yourself in the other person’s shoes. 

This allows you to better understand their thoughts, feelings, and their situation.

When you do this, it gives you immense power over the situation and allows you to come to a mutual agreement.

How To Improve Relationship Management

By now, I hope you can see how self-awareness is the building block for improving your Emotional Intelligence.

So, as success in life and business is built on relationships, to finish off, we’ll briefly discuss how to better manage relationships.

Effective Communication

Strong relationships are built on trust and effective communication.

In order to communicate effectively, you must clearly express yourself to avoid misunderstandings, and practice active listening as discussed previously.

To be trustworthy, you must be honest and upfront with people, as well as reliable and respectful.

If you can’t be honest with yourself, you can’t be honest with others, and this is where self-awareness plays a vital role.

Here are 12 ways to improve your communication skills instantly >>

Conflict Management

The best way to resolve and manage conflicts is to first understand why a conflict exists.

When you can understand the other person’s perspective, this makes the conflict easier to resolve.

People with low self-awareness lack empathy, which makes it difficult for them to understand another’s point of view, which in turn means conflicts are rarely resolved.

If you want know how to deal with conflict, here’s a quick 2-minute video >> 

Practice Forgiveness

If you find it difficult to forgive others or find yourself holding grudges often…

This automatically puts a wedge between you and the individual in question, which in turn makes the relationship difficult to manage.

For 2 quick tips on how to forgive others, click here >>


In conclusion…

The tips I’ve listed are not exhaustive, but they’ll give you enough of a leg up to improve your emotional intelligence, so you can see vast improvements in your business and personal life.

As I mentioned, business and life success is built on relationships, and it’s impossible to have good relationships without high emotional intelligence.

And self-awareness is the foundation on which emotional intelligence is built.

I hope you’ve enjoyed this week’s newsletter.

Be sure to stay tuned for our next one.

To your success,

Dan Lok

P.S. – If you want to be more productive, you may like to check out my short training, Millionaire Productivity Secrets.

Inside, you’ll find my best productivity hacks to achieve maximum results in minimum time.

If that sounds like it could help you achieve your goals for 2023, then click here to check it out >>

Millionaire High Performance Secrets..

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Have you ever looked at entrepreneurs who achieve so much and asked…

“How on earth do they find time to do all those things?”

If you answered ‘yes’, or you just want to know how to get to the next level so you can achieve more this year, then please keep reading.

Because this week’s newsletter is all about high performance, and how to unlock your full high performance potential.

So without further ado, let’s get started.

What Is A High Performance Individual?

Here’s what I believe defines a “high performance” person.

Someone who possesses skills, talent, and intelligence, and excels in their chosen field, no matter the area.

It could be business, science, sports, music, art, etc.

They have the ability to set and achieve goals so big the average person simply can’t fathom. 

They’re committed, willing, and dedicated to achieve success in their eyes, and their work ethic is second to none.

We’re about to get into the strategies of becoming ‘high performance’, but before we begin, let me share with you a 2 minute story of one of my early conversations with my mentor, the 50 billion dollar man Dan Peña >>


Before we go further, have a quick think about what high performance means to you?

How to Set Goals And Actually Achieve Them

If you’re like most people, you have new year’s resolutions every year you never stick with.

If you’re like a small percentage of people, you have new year goals instead of resolutions…

And this is a good first step, but most people never achieve their annual goals.

Perhaps you can relate.

If you’re like an even smaller percentage of people, you set goals, and you monitor them each day…

So you ensure by the end of the year, you can stand proud having achieved them.

I spent 15 years of my life studying personal development and goal setting, and I’ve managed to achieve a lot in that time.

But here, you’ll discover everything I’ve learned about goal setting and achievement in less than 20 minutes >>

How To Create A Winning Daily Routine

Apart from the fact they’re passionate about what they do…

Another thing all high performance people have in common is a winning daily routine.

This will be different for everyone.

You may like to exercise first thing…

You may like to meditate or do an attitude of gratitude first thing in the morning.

Then plan your day so you can get the most done in the shortest amount of time.

Personally, I like to get around 6 important things done every day that move me toward my goals.

If you want a deeper dive into why I choose 6 things, then click here to discover how to get more done in one day then most get done in a month >>

How To Write Affirmations That Work

Another thing big Dan does and that I believe is not only positive self-talk, but positive and empowering affirmations.

Your affirmations must be written in a specific way.

There’s certain words you should never use in your affirmations.

If you want to know how Dan writes his affirmations, then click here >>

Why High Performance People Have A Growth Mindset

If you caught my ‘secrets to success in 2023’ newsletter, you’ll know having a growth mindset is KEY.

Here’s a brief recap on that email as it pertains to being high performance.

People with a growth mindset have a strong work ethic, they continually improve upon their results, they’re resilient, and they have a positive attitude, amongst other things.

All these are essential to being high performance, and if you want further insight into this, then I recommend you look for one of these two subject lines in your inbox… 7 Secrets for success in 2023 or Want success in 2023? (tips inside), then read and implement some of the strategies.

Why High Performance People Fly Alone

As you may know, when I first started in business I worked 5 years straight without a single day off.

And if you want to be high performance, as Den Peña says “high performance people have an extraordinary work ethic.” 

But it’s not just the work ethic that makes them high performance.

It’s their ability to fly alone.

Here’s a YouTube shorts clip of Dan explaining what he means >>

When it comes down to it, ‘high performance’ is a way of life >>

You won’t find someone who is high performance in one area and lacking in another.

But it takes time to get all areas of your life to high levels, so don’t beat yourself up if you’re not seeing results as fast as you like.

Remember, it’s a journey, not a destination.

Where Your Journey To Greatness Starts

As you’re on my email list and reading these newsletters, I’m guessing your journey to greatness and high performance has already begun.

But if you’re new, or yet to begin, or perhaps aren’t as consistent as you’d like to be, I want to leave you with something extra special.

This newsletter has featured very heavily, my mentor, Dan Peña.

And as you may be aware, Big Dan isn’t for everyone.

So, I wanted to give you another expert’s perspective on high performance.

None other than world #1 high performance coach Brendon Burchard.

Brendon sat down with Impact Theory’s Tom Bilyeu, for an in depth interview across many topics.

So, if you have some time, I highly recommend watching this interview >>

It’s 48 minutes long, but in the video description you can choose the timestamp which speaks to you most.

A lot of golden nuggets, especially around energy, are shared near the beginning.

Furthermore, Brendon breaks down what it means to develop your passion and build into your goals.

I hope you’ve gained at least a few things you can apply to your life from this newsletter, so that in the months and years ahead, you can look back on your progress and wonder how you made it so far.

To your success,

Dan Lok

P.S. – I’ve created a short training just for you.

Inside I share my productivity secrets for how to get a lot more done – faster, better … and with less human effort.

It’s a must have for anyone striving to become high performance.

Click here to check out Get Sh*t Done, while it’s fresh on your mind >>

7 Secrets For Success

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If you want to achieve success this year instead of chasing it…

Reading this newsletter could be the most intelligent thing you do all year.

You may already know, there’s no ONE THING that will bring you success.

Instead, there are many ingredients that create the success formula.

Get enough of them right, and you’d be surprised with what you can achieve this year alone.

So without further ado, let’s begin with what I believe is one of the most important things you must possess to be successful.

1. Growth Mindset

There are two types of mindsets you could adopt.

One will help catapult your success, the other is a fixed mindset.

Carol Dweck explains both in her book entitled “Mindset”…

But if you’d like to know the difference between the two in just 2 minutes, then click here to watch this video >>

So, after watching the video above, what mindset do you think you have?

There’s no right or wrong here, but if you found you resonated with the fixed mindset more, what do you think you could do to adopt a growth mindset?

Speaking of mindset, here’s another very important ingredient.

2. Positive Attitude

It always pays to look on the brightside and have a positive outlook about your goals…

But here’s a big caveat.

There’s a fine line between positivity and delusion.

You don’t want to be so positive and ignore signs that things need changing or fixing if things aren’t working out.

I always say “Expect the best, but prepare for the worst.”


And I explain more in this video >>


No amount of positive thinking will bring you success if you’re not taking the right actions or course correcting where needed.

It’s normal to fall into negative thinking patterns from time to time, so if you’d like a hand from Tony Robbins to shift negative thoughts, check this video out >>

Now onto the one ingredient most get completely wrong.

3. Hard Work and Dedication

This is a given, but unlike some of the gurus out there, I don’t believe in hustling and working your face off.

I did that for 5 years and all I got was burnt out.

I believe in leverage and working smart.

Leverage could be working as a closer for an already successful business rather than putting in all the time and effort to build a business.

There’s a time and a place for that, but if your main goal is to be financially secure and enjoy your life, starting with a high income skill is my best advice.

I shot a YouTube shorts video for you where I discuss leverage and give you a few examples of how to use it >>

4. Planning and Execution

How many people do you know that had a “great business idea”.

Ideas are a dime a dozen.

What’s more important than a great idea is executing that idea successfully.

This is easier said than done, as during execution, you’ll encounter inevitable roadblocks, obstacles, and problems.

So if your plan is to replace your income with a high income skill, you must think about all the things you’ll need to make that happen.

From the type of skill, to the amount of money you need to replace your income, to the kind of business to partner with.

Watch this video here for how to execute a plan successfully >>

And that’s why you must be…

5. Flexible and Adaptable

Yes, you must have a solid plan, but you must also prepare to deviate from your plan if needed.

Recognize when something isn’t working, and seek out new insights and take action on them.

Things will almost always never go according to plan 100% of the time, and a growth mindset is KEY to being flexible and adaptable.

6. Taking Calculated Risks

When I was younger I did something very risky.

If you know my story, you’ll know I quit the only job I ever had to get started in business.

I had no business skills, and no idea what I was going to do, but I hated my job so much I felt like it was the only option.

Not only was this risky, it was also very stupid, and I don’t suggest you follow my lead.

But what I do suggest is taking calculated risks, and here’s what I mean.

Let’s pretend you start developing a high income skill while you’re still working your normal job.

And after a while you’re making money and you’ve even managed to match your current income.

Taking a calculated risk would be leaving your job with your new skillset and planning to increase your income further.

You’ve already got proof of concept, as you’re making money, and leaving your job is still risky, but it’s calculated and your likelihood of success is far higher than it would be if you just left your job with no plan.

Lastly, and this is a HUGE one.

7. Good Communication and Interpersonal Skills

Every successful person I know has excellent communication and interpersonal skills.

Great copywriters have excellent written communication skills.

Great over the phone and stage closers have excellent verbal communication skills.

Successful managers and CEOs have excellent interpersonal skills, and if you want to achieve the success you deserve, you must also work on these skills.

The good news is no matter where your skills are now, they can be improved upon.

As a function of developing closing or copywriting skills, you’ll work on communication skills by default.

But if you’d like an overview of what interpersonal skills are and how to improve them, then click here >>

In closing

This may seem like a lot of things, but you don’t have to work on them one by one.

As you’re on my email list there’s a good chance, you’ve already begun working on some of these things, and this newsletter has just made things clearer for you.

Don’t forget, dedication is difficult without passion, and success is impossible without dedication.

You must be passionate about your goals and the skills that will get you to your destination.

Pick one thing you’d like to work on first and then bring on another when you’re comfortable.

Wishing you a successful 2023,

Dan Lok 

P.S. – Think you have potential to become the next copywriting superstar?

Click here to get the ball rolling on developing your copywriting chops >>

If you love dealing with people and enjoy speaking on the phone, then click here to begin your journey of becoming the best closer you can be >>

Why Great Biz Ideas Fail

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Over the last few weeks, we’ve talked a lot about mindset, secrets to success, and high income skills etc…

But if you’re interested in starting a business, reading this newsletter could be the most intelligent decision you make this year.

Because, I believe not everyone has what it takes to make it in business…

So, I’m going to help you make that decision today.

And if by the end of this newsletter you decide business isn’t for you, that’s OK.

You can still become financially successful as I’ve mentioned in previous newsletters.

So let’s begin.

How To Know When You’re Ready To Start A Business  

As you may know, I failed at 13 businesses before my first success.

When I think back on why I failed so many times, it was because I clearly wasn’t ready, but more importantly…

I didn’t have these 5 things in place before starting:

  1. A clear profit path
  2. Proper and focused business model
  3. An edge over my competition
  4. Enough capital
  5. Being okay with not making money for a certain period of time

If you’d like a deeper dive into why these are important, then click here >>

A lot of people get into business without knowing what they’re getting themselves into.

Just because they see people on Instagram with abundant lives and successful businesses, they think they can do it too.

But that’s not the case.

I shot a follow-up video to the one above with another 5 things you must consider before you start a business, and I advise you watch it if you’re serious about entrepreneurship.

In this video, you’ll also discover the most important skill in business >> 

How Much Money Do You Need To Start A Business 

A lot of new entrepreneurs believe they need millions of dollars to start a business.

In some cases, that may be true, but oftentimes they haven’t done their due diligence or enough research to figure out exactly how much they need.

In fact, usually they need far less than $1 million to get things started.

In this video, you’ll discover how much you need to start a business and also how to know with certainty whether your idea is good or bad >>

How to Start a Business With No Money

I always say, if you don’t have any money, you shouldn’t start a business.

Now are there entrepreneurs out there who start with no money?

Sure, but you don’t hear much of them once they fail, and the ones that do succeed have specific business skills which make their business work.

“But Dan, what about a business loan?”

If you want to know whether you should take out a loan to start a business, then watch this video >>

Why Start A Business When You Can Buy One?

If you caught one of my past newsletters you may have seen the 3 ways my close friend Brian Scudamore (CEO of 1800-GOTJUNK?) said you could get started in business.

2 of those are starting from scratch or buying into an already successful business or franchise model.

So with a failure rate of 95%, doesn’t it make more sense to buy an already successful business and skip the launch phase etc?

It really depends on your goals.

If your goal is to own a successful business in a niche that interests you, then you could absolutely do that if you find the right investment.

But if you want to build something that isn’t already out there, then you have no choice but to build from the ground up.

For further insight into this concept, click here >>

How To Buy A Business With No Money Down

Although I don’t advise you to start a business with no money, buying a business with no money is different.

Why?

Because there’s an old saying in the business world…

“You don’t need money, you need a better strategy.”

If you can strategize a way to buy a business with none of your own money, then you’re already streets ahead of most business owners.

And I’m not just talking about getting a loan, because as you’ve seen, I think that’s a bad idea.

So if you want to know how to buy a business using other peoples’ money, then click here >> 

Why Great Ideas Fail

How many great ideas have you had in your life?

They don’t have to be business ideas, just great ideas in general.

Now, did those great ideas work out how you wanted them or did they hit roadblocks along the way?

My guess is if you didn’t execute it properly, it wouldn’t have worked out.

The same applies to business.

Almost every entrepreneur thinks they have a “great” idea, and they may have.

But if they don’t execute their idea, then their business is destined to fail.

Here’s a quick example I gave at a live business event >>

I hope this newsletter has helped you decide whether business is the right path for you.

Feel free to watch any of the videos in this business building playlist to gain clarity where needed.

Don’t forget, skills are the key to a successful business…

And if you have the right skills, you can be wildly successful even without starting a business.

If you’d like to upgrade your business skills, click here to check out my products at the Dan Lok shop >>

I’m certain you’ll find something there that will help you get to the next level.

Until next time,

Dan Lok

P.S. – It’s important you stick with your high income skill and make at least $10K per month for one year before you start a business.

Because if your skills aren’t good enough to make you $10K per month, there’s no way you’ll make business work.

I tried skipping steps and it caused me to fail at 13 businesses and get $150K of debt. That was until I developed my first high income skill.

So, if you’re committed, I believe you can do it.

The Dark Side of High Income Skills..

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I’ve got a bit of wake up call newsletter today…

Oftentimes it can be difficult to decide which direction to take for your career.

Do you start a business…

Develop a high income skill…

Or if you’ve tried both of those and decided to go back to a job, is that the right decision?

To be honest, there’s no right or wrong.

Not everyone is cut out for entrepreneurship…

Depending on mindset, not everyone could be cut out for high income skills, although if you work hard at it, I believe you can do it.

There’s nothing wrong with being an employee, but each path has pros and cons.

So, today we’ll talk about the darkside of each of the above.

I hope you’ll find this newsletter both valuable and informative and it helps you decide which path to take.

The Dark Side of Employment

On the surface, employment seems great.

You go to work, do your job, go home, and don’t have to worry about generating revenue, unless you’re in sales.

You get a certain amount of paid leave per year…

Sick leave…

And long service leave if you stay long enough.

But if you’re like most people, you’re in the 65-85% of people who’re unhappy at their job.

And if so, you’ll know how unfulfilling it is working a job you’re unpassionate about.

Waking up to an alarm every day, to rush to a job for 8-9 hours every day at a job you hate isn’t fun.

I worked in a supermarket for over a year and hated every minute.

You can only do that for so long before something has to give.

Either your mental health or your job ends up breaking.

And so you look for a solution, and that’s why you’re on my email list, [Name].

If you’ve been following me for a while, you’ll know I’m a big advocate of high income skills.

You develop your high income skill BEFORE you start a business.

But although high income skills are far less stressful than business there is a dark side to them too.

And if you want to know what to look out for so you don’t fall victim to any traps, then click here >>

Now don’t get me wrong…

Even though high income skills have a dark side, it doesn’t mean you shouldn’t pursue them.

They can be very rewarding and everything has a dark side…

Especially entrepreneurship.

The Dark Side of Entrepreneurship 

You see entrepreneurs on the covers of Forbes and Success Magazine, but you never hear about all the ones who failed.

You see me online in my penthouse or driving my Bentley, but only my wife Jenny, my mom, and I know the struggles I had to endure to get where I am.

I’ve had many times in my career where my mental health suffered.

I became depressed and anxious, and my self-doubt spiraled out of control.

Business has a way of kicking you when you’re down, and if you haven’t set up a safety net, then things can get pretty serious pretty fast.

This is why I shot you a video, where I speak on the dark side of business that almost no one talks about >> 

4 Types Of Entrepreneurs And How To Identify Which One You Are

So let’s pretend you’ve decided business is for you.

There are 4 categories of entrepreneur you could fall into.

The mission-based entrepreneur…

The passion-based entrepreneur…

The opportunity-based entrepreneur…

And the undecided entrepreneur.

Personally, I’m both mission-based and passionate about what I do, and have on occasion seen gaps the needed filling in the marketplace.

But BEWARE.

It’s important you identify which type you are, because each has a dark side you must be aware of >>

If you begin your entrepreneurial journey without knowing what your dark side is, you’ll fall into a trap you could have avoided. 

So Where To From Here?

Remember, you’re the driver of your vehicle.

Only you can choose what to pursue.

Each choice has pros and cons.

Each choice will be hard for different reasons.

Business is harder than high income skills.

High income skills are harder than a job.

But working an unfulfilling job for 40 years and getting only 2 weeks leave per year is hard as well.

Some choices may bring you fulfillment while others bring you perceived “safety”.

In my opinion, if you’re just getting started and want to move on from your 9-5…

A high income skill carries the least risk.

You could see financial results far quicker than with business, which has extremely high failure rates, and can take 2-3 or more years to become profitable.

Ultimately, you won’t fail if you never give up.

To your success

Dan Lok

P.S. – If you’ve decided business and working 9-5 isn’t for you…

Then click here to check out some of my high income skills trainings at the Dan Lok Shop >>

I promise if you work on your skills, eventually you’ll be able to leave your job…

And after making money with your skills for a few years, you may even like to start a business, and you’ll be well prepared.

I hope you enjoy reading this blog post.

Schedule an add a zero session™ with our team to see how you can use our time-tested strategies and systems to scale your business now.

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