Business Profit Maximizer #2 – Financial Literacy Made Simple

Business Profit Maximizer #2 – Financial Literacy Made Simple


21 Comments

  1. Errol says:

    Thannk you

  2. Dito Camo says:

    this man deserves more views.. awesome refreshing insights, Dan Lok is my new favorite teacher

  3. Davin Johnson says:

    Wow Dan!! I’ve learned more valuable principles in 2 weeks compared to my 27 years of life

  4. Wendy Coffman says:

    Get rich and stay rich.

  5. James and Elona Powell says:

    Not only improve but you can't even proof something you can't measure.

  6. Emma Matthews says:

    You can’t improve something you don’t measure

  7. Zane White says:

    Well said, Dan. I've been completely over enthusiastic about different business ideas and similar to you I'm now more conservative on where I invest to minimize risk.

  8. Trevor Geall says:

    1:52 I’ve been there. I’m there now. I can see why you recommend these videos to me. AND MAN I need it.

    The pilot analogy made sense. Not running my acquisition cost monthly almost flat lined my business (and my revenue was good).

    The goal is not get rich. It’s to stay rich .

    Wow! There’s so much here. I always joked with people if I’m ever in trouble, I’ll just do some more deals and it’ll be okay. (This mindset is NOT one of a rich owner). Minimize loss.

  9. Vincent Bass says:

    Thank you Dan for a timely reminder and a kick up the bum so I get on top of my financials.

  10. Lumu Alex says:

    I enjoy Dan's videos. Accounting is a language of business. This is a mind changing statement

  11. amarjit moom says:

    Business is all about profitable and sustainable 🧐

  12. Aravind A M says:

    Very nice lesson. thanks Sifu

  13. Stivan Ivanov says:

    How do I get to know when a market shifts or changes? Thank you! ( I’m 17 and I really like your videos Dan!) If anyone could answer I’m happy to listen 👂.

  14. Snipersounds.com says:

    "Look at all those dials man!" Ha haaa! Great knowledge with a great sense of humour! Thanks for sharing Dan.

  15. Jakrapatra Lauhawatana-HTC Graduate says:

    Financial Literacy = financial success,
    Goal in financial is to Stay rich for a long period of time.maintain rich success and minimize loss

  16. Ramakrishnan R says:

    What can't be measured, can't be controlled.

  17. Ramakrishnan R says:

    इदमेव हि पाण्डित्यं चातुर्यमिदमेव हि ।

    इदमेव सुबुद्धित्वम् आयादल्पतरो व्ययः ॥

    – समयोचितपद्यमालिका

    Transliteration:

    idameva hi pāṇḍityaṃ cāturyamidameva hi ।

    idameva subuddhitvam āyādalpataro vyayaḥ ॥

    – samayocitapadyamālikā

    Meaning of the subhAShita:

    This alone is erudition, this alone is dexterity, this alone is good intellect – expense less than revenue.

    Commentary:

    Not stretching beyond means!

    What one possesses, only that he can expend. What one owns, only that he can give. What one earns, only that he can spend. Isn't this a straightforward philosophy? The poet opines that this alone is erudition, dexterity and good intellect. Although all these, are different facets of decision making, the emphasis here is 'all these have to give the same end result'. There is no choice about it. For, owing to someone is a burden of the heaviest kind. Even enslaving someone may be a better choice, for only the person is pawned for that. But to a debtor, the heaviest interest one pays are his dignity and self-respect!

    The most sensible way to avoid getting into this scenario is – living within one's means. Not stretching beyond what one can afford… Always having some stored for a rainy day… Even ants do that! Shouldn't humans do this more ardently :)?

    Spending is quick, earning is slow. Beware! Earn slowly, spend even more slowly :).

    pada vigrahaH:

    इदम् एव हि पाण्डित्यं चातुर्यम् इदम् एव हि ।

    idam eva hi pāṇḍityaṃ cāturyam idam eva hi ।

    इदम् एव सु-बुद्धित्वम् आयात् अल्पतरः व्ययः ॥

    idam eva su-buddhitvam āyāt alpataraḥ vyayaḥ ॥

  18. Kiet Le says:

    What gets measured gets improved. Thank you for your insight lessons everyday, which really blow my mind, change my mindsets and business strategies as well.
    You are absolutely the best teacher ever in the Youtube channel.

  19. enna ortsac says:

    I Should
    Create multiple sources of Income
    1 Active Income which is my Job my
    Monthly Salary
    6 Passive Income
    My Businesses while working
    While Doing my Job
    6 Passive Income in Different Fields in Different Industries
    But First I should Improve in Execution of Right Money Blueprints And I should have extraordinary Marketing Strategies
    Now That is the biggest challenge for me That is my obstacle how am I going to plan a great Marketing Strategy How Can I Execute Properly My Right Money Blueprint

  20. TheProgrammingJedi says:

    "financial literacy is the key to lifelong financial success"

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