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Should I Get A Job Or Start My Own Business - YouTube
Channel: Dan Lok
[0]
- Hey, Dan, should I get a job
[1]
or start my own business?
[3]
- If I hear this again, someone says,
[5]
Oh man, just quit your job
[6]
and start your business.
[9]
I just want to choke them.
[17]
They have no idea what the
fuck they're talking about.
[20]
Starting a business is hard.
[22]
It's tough as hell
[24]
and chance of you making it as not high.
[27]
There's nothing wrong with
getting a job to get started.
[31]
Most young people, you watching this.
[33]
I know if you're my fan, right?
[35]
You're asking me the question.
[36]
Hey, should I start a business?
[38]
Should I quit my job?
[40]
What you're actually saying is
[41]
I want to skip the process.
[43]
Let me just start a business.
[44]
And everything would be fine.
[46]
Knowing chances of you
failing is 90 to 95%,
[50]
90 to 95% of small business
fail in the first five years.
[54]
Chances of you dying
financially is fucking high.
[58]
Even if you're naked
96% of the businesses.
[62]
This is statistics.
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This is a fact,
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never pass the million dollar Mark.
[68]
This is tough.
[70]
If you can't even get a fucking job,
[72]
no one would want to hire you.
[74]
You can't even have basic
skill to make some income,
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get some income coming in.
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What qualifies you to start a business?
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You can't even manage
your own personal finance.
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You've got no money.
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You've got no ability to generate money.
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And somehow I start a business
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or somehow you'll be smarter.
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Somehow you'll be fine.
[92]
Somehow everything would work.
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Guess what? It doesn't work that way.
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That's not how life works.
[97]
I started off with a job.
[100]
I had a job in a local
supermarket, begging groceries,
[104]
stocking cans on the
shelf, making minimum wage.
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I paid the price.
[110]
I went through a tough times.
[111]
Most young people.
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You want to skip that
process? Skip that shit.
[115]
I'll just be an entrepreneur
[117]
and everything will be fine.
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Good go for it.
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You have no idea what
it's like to own money.
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You have no idea what it's like.
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The pressure that it takes
to make a business work.
[127]
You have no idea when
you have to meet payroll,
[130]
you have no idea.
[131]
When you have to fire your best friend.
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You don't know what that is like.
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You can't even manage yourself.
[136]
And now you want to manage all that.
[137]
You want to lead all the people
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who the fuck on the follow you
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no one, no one.
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You don't even have the discipline.
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So it's not about getting a job or not.
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It's about income.
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You got to have some income coming in.
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First, pay the fucking bills,
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put food on the table.
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Get that going first.
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Nothing wrong with getting a job.
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Don't be listening to all the people.
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Oh yeah, job is bad, job is not bad.
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Income is good.
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Pay the bills, have some income,
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take care of your family.
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Do that first.
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Get some income coming in.
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Maybe two jobs for some of you.
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You're not making enough on the weekends
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in the evening
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there you develop a high income skill.
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Don't start a business yet,
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you develop your high income skill.
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I know dammit.
[181]
You're going to ask me what
are the high income skills?
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What are some of those high income skills.
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Go to YouTube type in high-income skills,
[187]
there look fucking find it.
[188]
I've made a gazillion videos on this.
[190]
Can you even,
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can you just handle that?
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Can you fucking type and search?
[195]
Please do that first from there,
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you'll see some of the
potential high-income skills
[200]
you could develop
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depends on your personality type.
[203]
Depends on what your
natural strengths are.
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Do that first, develop
a high income skill,
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making that 10 K a month,
minimum six figure a year.
[213]
Then you go from there when you're ready,
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meaning that you have equipped yourself
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with some high-income skills.
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You're making decent income.
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You're putting some money aside.
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Now, when you want to look
into starting a business,
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don't you think logically common sense.
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You're in a much better
position to start that business.
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You are not fucking desperate.
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You could wait because it takes time
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to make a business work.
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Now you have some basic people skills.
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You could fucking talk to people,
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not being afraid
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because business is about people.
[249]
You could do that.
[250]
Then you start your business,
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but you know what? Most
of you watching this,
[254]
you don't want to wait.
you want to do your thing.
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Oh, I'm going to set up my thing.
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I'm going to do my business good luck.
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Fucking go do it.
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Good luck, because some of you need
[264]
some school of hard knocks.
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You need a reality, a wake up call.
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That's what you need.
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I made that fucking mistake.
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I was $150,000 in debt
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because I was naive.
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I was fucking stupid.
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And that's owe all that money.
[278]
And I'm glad I could pay it back.
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But most people won't make it, right.
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Most people will be stressed out
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and I was stressing out.
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And that's why now I tell all my students,
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all my fans developed a
high income skill first,
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be patient with that, right?
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Be patient with the result.
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Be inpatient with a skill development,
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but be patient with the results.
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And then you go from there.
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You've got time, you're young, right?
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You're 18, you're 19, you're
20 somewhat years old.
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I know you feel like you don't have time.
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You have got fucking time.
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Don't tell me, you've got no time.
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It's going to take you some time.
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I'm a 10 year overnight success.
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And I consider myself
pretty fucking smart.
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Right? It's going to take you some time.
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You're not going to get there in one year.
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You're not going to
get there in two years.
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You're not going to get
there in five years.
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Chances are, you're not even
going to get there in 10 years.
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And I know you're going to comment below
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I am the exception.
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I'm going to be a
millionaire in 24 months.
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Go ahead, I'm not talking to you.
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I'm talking to people
whose got some sense.
[341]
Whose got some common sense
[343]
that are willing to work.
[345]
They're willing to pay the price
[347]
they're willing to put in the effort.
[349]
They're willing to improve themselves,
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not watching fucking motivational video
[353]
after another motivational video
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and hoping that all your life is changing.
[357]
Your life is not changing
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until you change your skill
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until you change your mindset.
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Comment below, if you
actually, this is sinking in.
[365]
Now, you know what you need to do?
[367]
You need to quit your job
[369]
or should you get a job
[370]
when should you started your business?
[371]
I think of as this question once
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and for all
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- $300, boom, super unexpected.
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The prospect came out of nowhere
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and basically told me
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what he needed.
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So unexpected, woo, I'm happy though.
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- You can do the same.
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You don't have to spend like
[395]
$1,500 on a pet or something
[397]
or 260 bucks on a book,
[400]
but make sure
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that you drive with something
extremely valuable; golden pen
[404]
or whatever means wealth to you.
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Because this person consciously
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trained you to associate your
daily habits with wealth,
[413]
which means you're trained
your unconscious mind
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to see it as about the generation,
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which switches your mindset
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to be able to get more high ticket.
[420]
I noticed once I did that,
I learned it from Sifu.
[423]
Once I noted a did that,
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I noticed that everything else I did
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became more valuable, more high ticket,
[428]
and it might push you
out of your comfort zone,
[430]
but it's valuable to do so, anyways,
[432]
hope that helps.
[433]
Let me know what you
have as a wealth trigger
[435]
and would love to see that.
[437]
- Hi HIC
[438]
This is Tom from season three.
[440]
My first client I got
at the beginning of June
[443]
got gotten through the book work
[445]
and yeah, at the start.
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It was really tough.
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I was putting out loads of offers
[450]
for lots of clients.
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Not really gaining anything,
[453]
but eventually somebody said yes.
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And it was such an amazing feeling
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when that happened,
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because it gave me the confidence
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that the realize that somebody
wanting to work with me,
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what's more powerful is ever since then,
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everything I've done
for him, he's loved it.
[469]
And he just keeps asking me
to write more and more work.
[472]
To the extent now
[473]
that they moved away from the work
[474]
I made a monthly retainer with him.
[476]
So I'm writing email sequences,
[478]
baseball cards, all the
posts I've recently done,
[480]
even opt in page.
[482]
So it just snowballs
[484]
and it just takes that one client.
[487]
Thanks very much HIC.
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