Logo white inline
Svg Vector Icons : http://www.onlinewebfonts.com/icon shop

Discover How You Can

GROW YOUR INCOME and BUILD LONG TERM WEALTH

using

The Wealth Triangle™

Discover The 3 Pillars of The Wealth Triangle™

abc
msnbc
cbs
fox logo
amazon
entrepreneur
usa-today
tedx
forbes
ypo

Your Unfair Advantage To
Building The Life Of Your Dreams

If you’re like most people, you’d love to have a six or seven figure income.

However, the process for how to get there has always been a little elusive or out of reach.

Over the last 15 years, I’ve discovered, developed and pioneered an incredibly unique and simple framework for how to multiply your income and dramatically accelerate your path to building longterm wealth.

I’ve shared this model with millions of people worldwide.

The Wealth Triangle™

If your goal is to be able to:

  • Make 6 or 7 figures a year in earnings
  • Quit your job and make enough money to be free to do what you want
  • Save up enough money for retirement
  • Help take care of your parents
  • Or just be able to go on more trips & vacations

What I’m about to share with you will help you do all this, and more…

AND, it’ll help you do it faster than you may have ever even thought was possible.

This framework will give you an inside-look at the “Mechanics” of Money, as well as the “Who, What, Why,
and When” of Wealth.

Pillar #1: 

High-Income Skills

The Wealth Triangle™

A high-income skill is:

Any skill that has the potential to make you $100,000 a year.

In this case, you are trading your hours for dollars.

But you’re trading your hours for high dollars.

You’re taking your skills, your experience, your talents, and you’re delivering value to the
marketplace in exchange for money.

It’s any skill that makes you a five figure income a month, including copywriting, consulting, sales, closing, and social media management.

Even a career such as teaching ballroom dancing is a high income skill if you make over $100,000 a year doing it.

Why is it important to have a high income skill?

Your high income skill gives you income and comfort.

It provides the “stability” that’s at the base of your wealth triangle, while you gain income from two other sources.

High-Income Skills That You Could Learn:

Dan Lok Closing Collection

$197 $692.00

view product

Dan Lok Copywriting Collection

$497 $2,485

view product

Dan Lok Social Media Collection

$197 $692

view product

High-income skills are also the most critical component in many businesses. People want to do business with people who are highly skilled at what they do. When you focus on developing high-income skills, you create opportunties to generate a higher income.

Down Polygonw

Pillar #2: 

Scalable Business

Down Polygonb

The second piece of the puzzle is what I call a scalable business.

I define a scalable business as something you can start and grow without a whole lot of infrastructure.

An internet type business or an eCommerce business is something that you could grow without a lot of infrastructure or overhead, and without having to hire a lot of people.

However, having an online business is not the only way to have a scalable business.

The Wealth Triangle™

Let’s say you are doing SEO as a sole proprietor, making $100,000 a year – which is a high-income skill.

If you then transition that into doing reputation management for a company and you take on
different types of clients and build a business model where you have a team and you’re not
doing so much of the work yourself – that’s a scalable business.

But what exactly makes it scalable ?

You’re leveraging the team, systems, and technology instead of your personal time, energy or skill.

In contrast, a restaurant, is NOT a scalable business because every time you want to open a second location you have to sign a long lease and put in a lot of money to renovate the place and hire a lot of people to operate it.

Discover How to Build an Unbreakable Scalable Business

If you’re a founder, CEO, or business owner looking to build a scalable business but you’re unsure how…

A few times each year I host a live virtual event called the S.M.A.R.T. Challenge…

Where I teach you what we have done to build and grow a scalable business.

Inside the S.M.A.R.T. Challenge you’ll discover how to:

  • Turn your business into an unbreakable, scalable organization.
  • Build multiple automated sales systems that produce predictable, reliable, and recurring revenue, using a 5-step proven process.
  • Pivot during a crisis and put yourself into a position to prosper, despite external challenges.
  • Scale your business with the right tech and remote team members.
Click here to secure your ticket to the next S.M.A.R.T. Challenge
Down Polygonw

Pillar #3: 

High-Return Investments

Down Polygonb

The Wealth Triangle™

The third component is what I call a high-return investment.

Now, how do I define a high-return investment? A high-return investment is an investment that will provide you with at least a 10 percent annual return, year in and year out. In some cases it could be more.

Now, a high return investment doesn’t provide you with income, but it builds your net worth.

One example of a high-return investment is Real Estate.

I have a friend who is a high end photographer with his own team. 

He makes a six figure annual income.

He started investing in real estate twenty years ago.

Today, he has a portfolio of about 250 units worth $20 to $25 million.

I share this example to show you there are people who have built a significant amount of wealth without ever having to build a scalable business.

If you’re smart with your money and put it into high-return investments, you can become very wealthy just by leveraging your high-income skills properly and then investing it wisely.

Once You Have A Successful High-Income Skill Career or Scalable Business Generating High Profits, You’ll Want to Convert That Profit Into High Return Investments.

Besides real estate, one of the ways we invest in high return investments is SaaS, software and tech companies.

We do this through Dan Lok Ventures and currently we’re invested in over 100 companies.

GET FUNDED

Why The Wealth Triangle™ is
The #1 Single-Most Effective Framework for
Helping People Grow Lifelong Financial Confidence

Down Polygonb

If you follow this simple 3 step path I just laid out for you, you’ll be able to grow your income quite quickly and dramatically accelerate the process of building true and lasting long-term wealth.

By sharing this model with you, I hope to provide you with a practical course of action to improve your life while also helping you build true and lasting, financial confidence in the long term.

King of ClosingTM

Frequently Asked Questions About How To Use
The Wealth Triangle For Your Specific Situation

Before you begin using the Wealth Triangle Methodology, remember this:

Income comes first… Cash flow, second… and Net-worth, third.

If you haven’t yet developed your first high-income skill, it’s important you start there.

This gives you the income you need to progress to the next stage.

Think of your high-income skill as the foundation of your triangle.

Without a strong foundation, you can’t build the other two sides.

There are many skills you could develop, but I suggest focusing on one.

Get it to a level where you’re earning a good monthly income before you think about stacking your skills.

So what skill should you focus on?

The list is endless, but some of my favorites are Copywriting, Closing (sales), Consulting, SEO, Social Media Management.

So, when choosing a skill, think about whether you’re more introverted or extroverted…

Whether you like to interface with and talk to people…

Or whether you’re more comfortable working quietly with minimal interaction with others.

When it comes to building your first scalable business and investing in high-return investments…

I encourage you to read the other FAQs.

But for now, your focus should be developing your first high-income skill.

I designed the Wealth Triangle concept with you in mind.

No matter whether you’re an established entrepreneur or an employee just getting started, it will help you transform your financial destiny.

So, it doesn’t matter if you only have $30k-$50K/year in income…

Or you’re making $50K-$100K…. $100K-$250K… or $500K to $1M/year and beyond…

We’ve helped clients implement these 3 pillars into their lives with great success at all levels… (it just looks a little different based on where you’re starting)

For anyone wanting a more detailed explanation of the Wealth Triangle concept, I always direct them to the The Advanced Wealth Triangle Masterclass.

On my journey, I’ve met countless numbers of people that got into business without any high-income skills.

Most, if not all fail.

In business, nothing happens until a sale is made.

So, if you can’t sell face to face or in print, your chances of success won’t be high.

How long does it take to develop any skill?

It really depends on how much work you’re willing to put in.

I’ve had mentees who’ve made great incomes soon after finishing my high-level programs.

I’ve also had mentees who gave up before they ever made a dollar.

Everyone learns at different speeds…

And mastery takes decades…

But, you don’t need to master a skill before you start making money.

You can begin earning money within a few months if you’re focused and take the right action.

 

One of your goals should be to increase your income every year.

It doesn’t matter if it’s five percent or ten percent a year.

If you increase your value to the marketplace, your income increases with it.

This will grow your net worth every month and give you stability.

One thing you can do to increase your income is to start learning more high-income skills.

You can also start “combining” and “stacking” your high-income skills together in new ways to create even more valuable offerings in the marketplace.

This provides additional avenues to generate income. It also creates more value to offer to your clients/customers or your employer(s).

In short: you can never go wrong by developing your high-income skills and being innovative in how you use them to create more value.

Good question.

Above anything, you should always invest in your education and personal development.

This is even more important if you’re just getting started.

Investing in yourself means investing in your own personal growth and development.

This is the #1 most important thing to invest in if you’re at the 1st stage of The Wealth Triangle.
When you invest in yourself, you’re upgrading your mindset and skillset.

This increases your value in the marketplace and results in a higher income…

And helps to shatter any limiting beliefs that hold you back from creating the life you truly desire.

There are many ways to invest in yourself.

Here’s just a few:

Read books, go through courses, workshops, trainings, seminars, etc.

This will pay the highest dividends throughout your career.

But don’t forget, self-investment is a lifelong endeavor.
The more you learn, the more you earn.

If you already have a scalable business, continue investing in your mindset and skillsets…

Because, the day you stop investing in your knowledge and skills, is the day your income stops growing.

However, when you have a scalable business, you should also invest in effective marketing to grow your business to its fullest potential.

Then any excess cash flow is invested into high-return investments.

See the Dan Lok Ventures section above for more information on the high-return investments we invest in.

Always remember.

Only invest in what you know.

If you know your industry better than you know the stock market, that’s where you should put your money.
If you already own a scalable business and you’re looking for ways to grow it sustainably, you might like to think about joining our next S.M.A.R.T. Challenge

The bottom line is you should always be investing in yourself.

If you don’t have a high-income skill yet, start there.

Once you’re making over $100K with your high-income skill, you can think about a scalable business.
But, not everyone should build a scalable business.

Some simply aren’t cut out for it.

So, before you pull the trigger, ask yourself this question.

“Do I have the skills to manage and lead a team to victory, so they can help me realize my vision?”

If the answer is ‘No’, then it’s best you develop those skills first.

Because while you can use your skills to grow your business to a certain level by yourself, eventually you’ll need to build a team.

If you lack leadership and management skills, then you’ll find things very difficult.

If you feel like you’re ready to develop a new high-income skill, to increase your income further, then do that instead.

You’ll never be 100% ready to build a scalable business, but you must be ready enough.

The good news is: you don’t need to have a scalable business to live a good life or to build true long-term wealth.

In fact: you can become very wealthy just by learning how to properly leverage your high-income skills well and then putting a portion of the extra money you make back into “high-return investments”.

Done right, business is one of the most powerful investments available to you.

With that said, you should continue investing in marketing and growing your scalable business until you’re making more money than you know what to do with.

That’s when you expand your investment portfolio.

There’s no point in investing in anything else when your business is struggling to make a few thousand per month in profit.

We invest in SaaS, Marketplace, Fintech, AD, ED, Tech, and Artificial Intelligence.

So, if your business is in any of those industries, you’re welcome to fill out an application form.

If your product uses technology to transform the world and change how we live and operate, then we want to hear from you.

We invest in the founder more than the business, and we look for founders with great potential.

If you’re looking for funding, refer to the Dan Lok Ventures section above the FAQs.

Join the movement

About dan lok

shop

Connect with me

Top
Facebook-f Twitter Linkedin-in Youtube Instagram Pinterest
Categories
Become a guest writer