Dan Lok is the founder and CEO of LKR Social Media, an influencer marketing agency that works with some of the most recognizable brands in the world. Dan has been called one of the top entrepreneurs under 30 years old by Forbes magazine, and he also just made Forbes list of “Top 100 Most Influential People In China” for 2019.
His company was ranked as number 10 on CNBC’s Disruptor 50 list, which celebrates innovators who are shaking up industries with their revolutionary business models. He was named to LinkedIn’s Top Voices list in 2018 alongside Bill Gates and Elon Musk, and he’s been featured in publications like Forbes, CNBC, Business Insider and more than 500 others around the world.
Dan Lok
Dan Lok Quotes About Money
I don’t agree with the hard work equals success theory.
While hard work is a necessary ingredient for success, it’s not the only one.
Hard work doesn’t guarantee success. Nor does it guarantee failure.
Hard work doesn’t make you happy or miserable; it just makes you tired and hungry sometimes.
There are plenty of successful people who didn’t begin life with advantages (financial or otherwise), but they still managed to succeed based on their own merits and determination—not because they were born into wealth or had parents who could pay for college.
In other words, hard work isn’t everything—and neither is luck or circumstance!
If you put me in a desert island, I’ll build a resort there.
“If you put me in a desert island, I’ll build a resort there.”
This is just one of the many quotes that Dan Lok has spoken about money. In fact, he’s known for his opinions on how to make money and what it means to be rich. And this quote is no exception. Dan Lok believes that if you have the opportunity to make something great, don’t be afraid of failing at first—just keep going until you get it right.
In business, it’s not about your background, it’s about your breakthrough.
In business, it’s not about your background, it’s about your breakthrough.
I’ve had clients with PhDs who have been unsuccessful in their careers. It’s not because they didn’t have the credentials or experience—it was because they lacked the hunger and drive to succeed. If you’re willing to do whatever it takes, no matter what your educational background looks like on paper, then nothing can stop you from achieving success.
The majority of people are going to be employed by someone else. They’re not going to be entrepreneurs or own companies.
The majority of people are going to be employed by someone else. They’re not going to be entrepreneurs or own companies. The majority of people will not have a business that they run themselves, but they’ll work for somebody else and get paid a salary or wage.
When you look at the world from this point of view, then it’s easy to see why you shouldn’t focus too much on making money or investing in stocks or bonds or property if your main goal is to reach financial independence (FI). Since most people won’t reach FI through their own income generation efforts, it means that they’ll need other sources of money—and often those other sources of money come from having an income stream that comes from outside sources such as investments.
Nothing happens without a sale and the sale is always made in the mind of the buyer.
The sale is always made in the mind of the buyer.
This is a quote from Dan Lok, who was a businessman in Hong Kong during World War II and later became one of its wealthiest citizens. He’s famous for his book, “Nothing Happens Without A Sale,” which has been around since 1989 and has sold over one million copies worldwide.
Dan Lok’s quote about making sales may seem simple at first glance, but when you think about it more deeply (which we’ll do below), you realize that he’s saying something profound: that sales are all about mental state and intentionality rather than price or product quality.
There is nothing worse than having an idea and not making it into reality.
Dan Lok says there is nothing worse than having an idea and not making it into reality. He believes there is no point in having an idea if you don’t take action.
He also points out that most people have ideas, but they don’t make them happen. They die in their head, or on their desk, or in a drawer or file folder somewhere.
And this leads us to our next quote:
When you become an entrepreneur, you only have one job to do and that is to sell.
The first thing you will notice is that your job as an entrepreneur is to sell. As a small business owner, you will have to sell your product or service to customers, employees, investors and suppliers. The trickiest part is selling yourself because these people all want different things out of you and your business.
Selling yourself can be scary but it is also very rewarding when done correctly. The key here is knowing what each person needs from you so that they are happy with the deal they make with you.
The biggest problem with most people isn’t a lack of intelligence or ideas, but instead it’s that they procrastinate too much.
The biggest problem with most people isn’t a lack of intelligence or ideas, but instead it’s that they procrastinate too much.
In fact, procrastination is an issue for me too. It’s hard not to put off doing things you don’t want to do! But sometimes we forget that by putting off something we don’t want to do now, we’re making the task more difficult for ourselves later on.
For example: if you buy yourself a new car today but then decide that you’d rather save up and buy a nicer one next year—then next year when you go back into debt buying another car, it’ll be harder than ever because now your credit score will be worse than before!
As an entrepreneur you will work more hours and get paid less than when you were a corporate employee.
As an entrepreneur, you will work more hours and get paid less than when you were a corporate employee. You don’t need to be told that. It’s in the job description! You are the CEO of your own company and as such, your responsibilities are many.
As a startup founder:
- Work harder than everyone else around you because it’s only natural that people want to succeed just like anyone else does. The difference between entrepreneurs and regular employees is that they are willing to put in long hours even if it means sacrificing their personal life for their professional pursuits (and vice versa).
- Expect little or no benefits from working at startups. The reason why people join startups is because they believe that there will be greater opportunities for them compared with what they can achieve elsewhere; however, this doesn’t mean that founders should provide benefits like pensions or health insurance plans right away—these things take time before they become available at small businesses such as those owned by budding entrepreneurs who have limited capital resources along with limited manpower resources too!
Don’t always assume that just because a person has a high diploma they are smart or even more fit for the job than you are.
Don’t always assume that just because a person has a high diploma they are smart or even more fit for the job than you are. A lot of people today think that if they have a degree, they can do anything. But the truth is, if you don’t have experience in something, it’s not going to matter how many degrees you have.
A lot of people think that just because someone has a degree from Harvard or Yale and you’ve gone to an online program like University of Phoenix, then automatically their knowledge base and skills should be better than yours. This isn’t necessarily true!
I’ve learned that opportunities are often disguised as problems.
- “I’ve learned that opportunities are often disguised as problems.”
- “Don’t let problems get you down.”
- “Don’t be afraid to take risks.”
- “Take advantage of opportunities.”
- “Don’t be afraid to make mistakes.”
- “Don’t be afraid to fail.”
And, above all: Don’t be afraid to succeed!
These words of wisdom from Dan Lok can benefit you both in business and in life
Dan Lok’s words of wisdom about money can help you both in business and in life. They can help you think about the value of hard work and persistence, and they can also encourage you to believe in yourself. He talks about taking risks, being open to new ideas, not giving up, and not being afraid to fail.
While these quotes focus on money as a goal or a reward for hard work, they are also applicable to any other aspect of life that involves personal growth or achievement.
Conclusion
The fact of the matter is, Dan Lok has a lot to teach us about life. His advice on money and entrepreneurship can be applied to many different aspects of life, such as relationships or even career choices. The most important thing is not to forget his words when it comes time for you to make decisions in your life!
