Dan Lok MOTIVATION for SUCCESS | #MentorMeDan

Dan Lok went from 13 failed businesses and extreme debt to becoming a high-income mentor. He argues wealth is a skill problem, not a money problem, and that mastering sales prevents financial failure. His core rules: reject "someday," show up consistently, think realistically, find your why, value time over money, and do something that scares you every day.
Chapters
I started and failed at 13 businesses. 13. The one word that holds you back from success is most people never get rich because they never value their time.
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So today, let's learn from one of the best, Dan Lok, and his best advice on how to become a success. Mentor me, Dan. Okay, let's kick it off with rule number 1: develop high-income skills.
You are fucking broke. Why are you broke? Have you ever asked yourself that question? And how do you never be broke again? I was fucking broke. I was fucking broke when I was a teenager. When I came to Canada with nothing, no money, I was in debt, $150,000 in debt. I was so fucking frustrated. I tried so many different things. I started and failed at 13 fucking businesses. 13, not 3, not 10, 13 businesses, all disaster. Not only didn't I make money from the businesses, I was in debt. Lost all my mom's money, borrowed from friends and family. And I didn't know why. I wanted to succeed so bad, but I just couldn't make it work. Until one thing, until I had an epiphany. What is that epiphany? You don't have a money problem, you have a skill problem. If you try to solve your money problem with just money, your problem doesn't get solved. Money problem is not solved by money. Money problem is solved by your intelligence and your skillset. Your mindset and your skillset. Now, what am I talking about your skillset? I want you to think about some of the highest paid people in the society. Let's say doctor, let's say attorney, let's say lawyer, let's say accountant, engineer, who is making a decent high income. What do they have? They have specialized skillsets that make that you may not have. See, the people with low income skills in our society, low income jobs, chances are their skills, now that doesn't mean they don't work hard. It doesn't mean they don't hustle. It doesn't mean they don't work long hours. But the skills that they have, that they offer to the marketplace, to society, people, companies, they are not willing to pay big money for. I call that low income skills. That's the problem. You're trying to make big money with low-income skills. You need to develop your high-income skills in order to make more money. So if you're struggling in life, you're struggling in business, I can guarantee you the biggest issue, how I've overcome, how I was struggling, how I overcome not want to be broke again, it's I learned to close. I learned to communicate ideas, thoughts, concepts. When you learn to close, you'll never be broke again. Because in business, nothing happens until something is sold. In life, nothing happens until something is sold. You're single, you're not a good closer. You can't close. You're not getting people to do what you want, they're not following your leadership, you can't close. You're not getting sales because you're a lousy closer. You can't close. When you can close, you can move, You can influence, you can persuade people. Everything that you want in life, guess what? Other people already have them. I don't care what it is that you want. Resources, money, capital, influence, relationships. Whatever it is that you want, you gotta close someone else to give it to you. So if you're struggling financially, it means you're a fucking lousy closer. It is that simple. Well, that's the downside. The upside is this. Once you know how to close, you will know how to create income on demand. You will know how to make money. You have the ability to make money anytime you want. That's the power of closing. That's how you never go broke again.
Rule number 2, have energy.
You don't have enough energy. How do you expect to accomplish anything significant, accomplish your goals, when you don't have enough energy? You notice the society puts down and looks down on people that have high energy. Imagine you're going to school, you're going to work, you're going back to your office, you're going back to your business, and suddenly you're so energetic and you're all hyped up. What would people say to you? What's wrong with you, dude? Like, calm the fuck down, relax. Why are you so excited? But somehow if you have low energy, hey man, how's your day? I'm fine, it's good. You know what FINE stands for? Freaked out, in debt, not making enough money, emotionally stressed out. F-I-N-E, that's what it stands for. Ah, my name is Fine. That's what fine means. But somehow you have high energy? It is wrong. You wanna have energy? You got to move. Now, from my martial arts background, if you watch my video, you follow my work, you know. Move. Jumping jack, pushup, walk, yoga, whatever the fuck it takes, move your body. When you move, you have more energy. When you sit there all day for hours, how the hell can you have energy? Movement creates energy. So if you're sitting there for a long day, get up, stand up, walk around, do something. I know, jumping up and down, whatever it is, do something.
Rule number 3, stop saying someday.
The one word that holds you back from success is exactly that word, someday. You see, unsuccessful people, they say someday. Someday I will take that vacation. Someday I will pay off that debt. Someday I would quit my job. Someday I will start that business. Someday I will be able to provide for my family. It's always someday and someday. Think about in business, if you say to yourself, someday I will get that customer, someday I will close that sale, how much money have you made? Zero, none. I want you to look at your calendar. From Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday. I want you to look at your calendar. Where is someday? It doesn't exist. It is a made-up thing that we do to procrastinate. There is no someday on your calendar. It doesn't exist. So unsuccessful people, they use someday. Successful people use today. Today is going to be the day. Today I'm gonna take action. Today I'm gonna make it happen. Today I'm gonna close that sale. Today is the day that I'm gonna make shit happen. I'm gonna get shit done. Write this down. Procrastination equals poverty. Procrastination equals poverty. You see, unsuccessful people, it's always, "Oh yeah, I'll do it later. I'll do it tomorrow. I'll do it someday." Successful people will say today. You see, when you use the word someday, why is it so destructive? It's simply this. When you use the word someday, you might think it makes you look noble on the outside because you are putting off your dreams, your goals, right? You're making a fucking excuse because somebody's saying, well, someday, because I am not ready, so someday I will do that later. And someday never comes. And you'll never be ready. You don't need to be ready to do something. You don't have to get it right. You just have to get it going. You do not have to get it right. You just need to get it going. It doesn't exist. It makes you look noble on the inside. When you think and you lie to yourself that it is the responsible thing to do, that I'm not ready, I don't want to take any risk, I don't want to take any chances, when it is the most selfish and irresponsible thing that you can do to yourself and to your family. It doesn't exist. Eliminate that word from your vocabulary. Either say, you know what, I'm going to do it today, or I'm not gonna do it.
Rule number 4, show up.
People ask me all the time, when am I flying to your city? When am I going to fly to you? Dan, I'd love to attend one of your seminars when you come to my city. The answer is fucking never. What if I never come to your city? What if I never fly to your town? Then what are you gonna do? What if I don't come for 3 years, 5 years, 10 years? You're gonna wait fucking 10 years? It makes no fucking sense. Don't wait. Nobody's gonna come rescue you, nobody's gonna save you. You got to show up and you got to go to whatever, wherever it takes. I remember years ago when my mentor asked me and said, hey, I want to have breakfast. I flew to LA just to have a single breakfast with my mentor. And you're waiting and you're waiting, and what the fuck are you waiting for? You're waiting for me to come to the city, you're waiting for the perfect timing, you're waiting for everything is perfectly lined up, you're waiting for what's convenient. The problem is you put your convenience ahead of your conviction. Convenience and conviction don't live on the same fucking block.
If you wanna learn how to have confidence like Dan and other successful entrepreneurs, check out my 254 Confidence series. It's free, the link is in the description below.
After you practice martial arts, you develop this natural self-confidence. Not cockiness, but you develop this natural self-confidence.
Rule number 5, think accurately.
I believe that successful people, they think accurately. One of the most powerful principles in Think and Grow Rich by Napoleon Hill, nobody talks about it, but it's accurate thinking. Accurate thinking. It means that they look at things as the way it is, not worse than it is, not better than it is, as it is. Unsuccessful people, very often they have, they are overly optimistic. Or they have an illusion. Or they think, oh, it's gonna work out. Yeah, man, I have no business acumen. I'm gonna start this business and within 21 days I'm gonna be racking in $20,000 a month, although I don't know what the fuck I'm doing. That's being a fucking idiot, that's what it is. That's overly optimistic. What I notice is successful people, they think accurately. I think most of them, I describe them as what I call a realistic optimist. They have an optimistic view of what they're gonna do. They believe in what they do. They believe in the product and services they deliver, but they're also realistic. They look at, you know what, this is where I'm in. This is where I wanna go. What are some of the obstacles in between, right? The 3 questions I always like to ask myself, it's in my office, in my home office, in front of me, constantly something I ask myself is not, oh, everything is gonna work out perfectly, everything is gonna work exactly the way I planned. Hell no. 3 questions I ask myself all the time. What could go wrong? What could go wrong? What don't I know? And what don't I see? So what could go wrong, what don't I know, What don't I see? Those 3 powerful questions, something I want you to think about. It's not about being negative. Oh, Danny, you're just being negative. It's not about being negative. It's about being realistic, being a realistic optimist, knowing your downside. Because I know if I can think of all the downside, all the stuff that could go wrong, and if I have a plan for it, and I know if those things come up, here's how I'm gonna handle it, then I'm okay. Then my chance of success of that particular project It's a lot higher.
Rule number 6, find your why.
I think most people, they don't get what they want in life because they don't know what they want. So they lack clarity. And why they lack motivation, chances are they haven't suffered a lot of pain. You can see now we are in a private jet. I remember when many years ago when I was struggling in business, couldn't pay the bills. My father had his first stroke, and I was so much in debt, and I couldn't even afford the plane ticket. He was in the hospital, he was an emergency, and I couldn't afford even to buy an economy ticket because I was in Canada and he was in Hong Kong. That incident, that experience just gave me so much pain. When you have enough pain, then your motivation— I said to myself, I never ever ever I don't want to live there like that again. Whatever the fuck it takes, I don't want to experience so helpless that I couldn't do anything. In order to protect my family, in order to just have the freedom, the ability to buy that plane ticket, I need money. I need money. When your kids suffer, when your wife needs money, when your family needs money, who the fuck is gonna help them if it's not you? And if you don't get to that point, then what kind of men are we?
Rule number 7, value your time.
Rich people, we value time more than we value money. Poor people, they value money more than they value time. And that's why if there's something, you know, with my Bentley, an oil change, or I gotta go do something or fix the car, I'm not gonna do it because it's not worth my time. My time is much more valuable. I have other activities that I could do that could bring in more money. Now you may be saying that, well, easy for you to say, you're Dan Lok, you've got money, of course you could do that. That is not true. You might be thinking 'cause you are rich, that is not true. I got rich when I started valuing my time. Most people never get rich because they never value their time.
And rule number 8, the last one before a very special bonus clip, is sacrifice.
The first 5 years of my business career, when I was getting started, the first 5 years, I didn't take a single day off. I was working 12 to 14 hours a day, 7 days a week for the first 5 years. While all my friends, they were out there drinking, drinking and having parties and chasing girls, I was fucking working. I sacrificed, I made a lot of sacrifices. I believe if you don't sacrifice for your dream, then your dream becomes your sacrifice. So I made a decision. I paid the price early on. I spent a few years of my life working on myself, working on my business, doing the things that most people are too lazy to do, not willing to do, so I could have what most people cannot have.
Now I've got a special bonus clip from Dan on how to push yourself that I think you're going to enjoy. But before that, it's time for the 3-point landing questions. Go from just watching another video to taking action.
Here we go.
Question number 1: What are you going to stop saying someday to? Number 2: What high-income skill are you going to start developing? And number 3: Where do you need to value your time more?
I believe the number 1 habit you need to develop to be successful, it's on a consistent, if not a daily basis, Do things that make you feel uncomfortable. It is that simple. Because you look at what holds most people back, what holds you back is fear. Fear of the unknown, fear of failure, fear of rejection, fear of success. All these things is all outside of your comfort zone. Human being, because we're creatures of habit, we tend to operate day to day and do the same thing again and again and again. Again, but if you have a habit, you make a habit that you do things on a consistent basis that you don't usually do, it makes you scared. It scares the fuck out of you. It makes you stretch your comfort zone. That's how you gradually expand that and get more of what you want. Maybe it's going to that event that you've never been to. Maybe it's meeting that successful people that in, that intimidates you. Maybe it's reading a book that you have no interest reading in. Maybe it's driving a different path that you usually go home this way. Hey, you know what? I'm gonna drive a different path and see something a little bit different, right? Maybe it's watching a video that you don't usually watch. Maybe you're interested in certain topics. Maybe you're watching a YouTube video just on prank, but suddenly you watch something that is inspirational and motivational, that's practical, that's business. Related, and that changes the way they think about stuff. It started with that one thing, that one video. And if you do that, not one time, not two times, not three times, but hundreds and hundreds of times on a consistent basis, I believe that is the habit, not just to be successful, but to stay successful. When you're constantly pushing yourselves outside the comfort zone, guess what? You will learn. You will take new action. You will acquire new knowledge. You will meet new people, and that will lead to new opportunities. You might develop a new skill, right? You might start a new business. All these things that you do is nothing more than doing things that scares the shit out of you on a consistent basis. Instead of avoiding the fear, you are facing the fear and you are pushing and pushing and pushing your limit. That is the number one thing that you need, I strongly believe, to be successful. So develop that habit today. Do something that you don't usually do. Do something that scares you. Do something that makes you uncomfortable. Hi, this is Dan Lok. If you're a fan of Evan Carmichael's work, if you want to know exactly how to model my success, I want to invite you to join me for a special online training. All you have to do is click on the link below. You can join me for absolutely no charge. So click the link below and I will see you in class.
If you want more Dan Lok, check out the recent top 10 I made on him. I think you're gonna enjoy it. The link is right there next to me. Continue to believe and I'll see you there.
Most people, they listen to a webinar, they watch a video and they say, oh, this guy's making 'Whatever, how much money online? I could do that,' and they jump into it.
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