What To Do When Your Business Is Failing

What To Do When Your Business Is Failing


100 Comments

  1. Dan Lok says:

    What was your biggest takeaway from
    my video? Comment below.

    Also, you can comment any questions
    you have for me.

    I might feature your question
    in one of my next videos.

    Don’t forget. Like. Comment. And subscribe.

  2. Afaq Ahmed Rajput says:

    Thanks

  3. Aleo says:

    This video came out at the righ time. I've been failing miserably dan. But I will never forget what you once said:

    "The most important characteristic of successful entrepreneur, is the ability to endure pain for a long period of time"

    – Dan Lok 2018

  4. Lil Ausar says:

    Never give up

  5. Andrew Foote says:

    Dan, how do I have virtual assistants for my company, instead of real people managing my company, so it's easier

  6. Priyanshu Kumar says:

    There are many bullshit prank videos on the internet (you can see whenever you open trending page) who are getting millions of views and I am following Dan from about one year and his videos have about average views of 50k – 150k , now I understood why there are very less number of millionaires and multimillionaires and why the business loses because they fucking waste their time in pranks and their life is going to be a prank

  7. Yeng Nami says:

    I'm watching your videos frequently. I am on my e-commerce journey, and you sir is the one who inspired me to start looking and take action to get to be my own boss. I am so eager to do things differently now…

  8. VQJuan says:

    Great Video bro

  9. Erwin Lim says:

    Thanks Mr. Dan Lok. I am working with your 3 ideas in this video to fix my company problems. No 1 i have done, but no 2 and no 3 is the most important for me, and i working it and improve it.
    Many thanks sifu Dan lok from Indonesia.

  10. Rachel S. Lee says:

    Right now, in my affiliate marketing business, I still continue learning new things, new strategies and apply them so that my dream business will continue to work and run its pathways towards the success in generating more sales and revenue. Thanks for sharing your great ideas, Dan!

  11. girish gaikwad says:

    Thanks

  12. Sivashanmugarajan G says:

    I like your video because of you are not wasting time by putting some channel introduction and subscribe our channel messages, These are the things made me subscribe

  13. Dinara Jensen says:

    😊

  14. naufal moralis says:

    What should i do if i have different vision with my partner bussiness ?

  15. Amelia PC says:

    "When you're not bringing enough cash flow and you say to yourself "I don't know how long I can sustain this"". Well, it is what every comic book publisher is asking right now. Unfortunately, only Marvel and DC could pay for your consultancy, or move forward with your consultancy. Some comic hosts are trying to find another way, but sites like Webtoon or Patreon require that the creative team works until death without generating a profitable, or viable, revenue. The comic industry is collapsing, generating smaller and numerous indie creators. However, in this business, there is no competition, but only domination. Every game, every comic, all the top sellers are taking 80-95% of the market. Independents can't do much. Still, I'm a f*****g optimistic and stay in the entertainment industry, trying to figure out a way to make it works… with games.

  16. shamseer 7up says:

    iam respecting you,because your not wasting free time,and sharing valuable information to humanity

  17. shamseer 7up says:

    iam respecting you,because your not wasting free time,and sharing valuable information to humanity

  18. Dale Israel says:

    It's good to know that you didn't need a good handwriting to be successful

  19. Arnel Macariola says:

    Wish I had seen this before my business went bankrupt… but things happen for good reasons, it can be that I have to go those processes before I REALLY learn the better stuff. Now I know I am on my way up!

  20. Lawrence G says:

    Another outstanding video Dan! Thank you very much.

  21. hidaya says:

    True that they we should be the best sales person in our own company where we think it's not our job. All 3 points are very valuable and not maintaining those will lead to bankruptcy.

  22. Tanmay Jain says:

    Great video sir

  23. alex mcCall says:

    the books you don't read don't help you.(Yoink) i never finished fu money so im going to be reading that by the end of the week. fingers crossed ill be able to make some sales using eBay this week.

  24. Riyorish Bathing Soaps says:

    We listen to Both GC & Dan Lok, Both are different so we have to listen to both

  25. Ninon Cherie says:

    My business isn't failing but watching this anyway because I absolutely don't want to fail and I want to know what to do if that ever happens :-). Thanks Dan for all your video's and insights!

  26. Shine K Shaji says:

    Dan You gotta make a video dedicated for teenagers

  27. suresh suresh says:

    Congrats in advance towards reaching the 1Million subscriber mark

  28. felix says:

    Thanks dan!!! 😊

  29. ktownlee says:

    This can only come from someone who experienced it. For most of us, when things fall apart, you get in this panic mode. Its great reminder to what to focus on even when things are going well., Great info!

  30. Anym says:

    if you are rich and succesful and you haven't failed before, you are either super fucking lucky or an amazing business man from the start

  31. Anym says:

    what exactly are "high ticket sales" and what do you sell?

  32. Ricky Limka says:

    Hey Dan, I have a question: Do you think ego is necessary for success? In martial arts and common wisdom would say ego blocks your progress, but if you need to walk a path that is different from most people, wouldn't believing in that different path needs some form of ego? Doesn't it make you motivated to improve yourself because in being humble sometimes you get pushed away by other people's beliefs and eventually you get brainwashed and start reverting back to sheep mentality?

  33. Jewel Azad says:

    Dan could you briefly explain "entrepreneurial supply chain"..

  34. Học Viện Khởi Nghiệp says:

    THANKS

  35. Toby Boss says:

    Wow nice handwriting,

  36. value network says:

    Sifu dan, next video on deep voice ,what you do?!!

  37. Prince EOA says:

    My mentor!! Being watching your videos and it has really changed my mentality, and I really needed this video for my business

  38. Prince EOA says:

    Your teachings have helped me work on my weaknesses as a person and a CEO

  39. Vuyani Mrwebi says:

    "Its not the thing, its the THING that sells the thing", Dab]n Lok.

    the books you dont read wont help you.

  40. manish aravind says:

    Dan lok. .please make a video on banking sales. .I'm struggling to sell each and every day. But I want to become like u

  41. Gucci Thrilla says:

    Hello Dan, i have a question if you could please answer it. So i am aware than financial freedom is a MYTH, but what abount being financially satisfied in the sense of being genuinely happy after youve achieved your goals or have everything you want?

  42. Simon N says:

    Point 3 (5:00) sounds like a math problem. You might not know how to solve it unless you learn, and if you learn you'll see more ways to solve the problem. Some ways might be faster but they'll all end up with the same answer but if you don't know what you're doing then you have a small chance of getting it right.

  43. mateusz nowak says:

    !!!! You the Men

  44. Jimmy Chung says:

    What I see here is work yourself up to become the right person, waiting for the right time and be at the right place

  45. Anønymøus Víds says:

    Thanks sifu

  46. Pablo Martinez says:

    👍👍👍👍👍🙂🙂

  47. unwrapping by mimi koteng says:

    Watched from beginning to end, Like and Subscribed.

  48. Salema Chibique says:

    Great Dan! All those are very powerful insights. My case is this: I'm losing market share because other Fuel Pump competitor are selling with 4.00 less than me. And I can't get the product paying less since government regulates prices. How to fight against price on a commodity as Petrol?

  49. Riza Valmadrid says:

    bravo!

  50. XBIT Switzerland says:

    Dan, seriously. You are just a legend for me. I will be a multi billionaire and I will change the world. Thank you sooo fucking much for all your videos.

  51. Trenton Erker says:

    Dan and grant cardone both say that you need cash. Grant says do more, sell more. Dan says sell assets and cut costs.

  52. Lexi H. says:

    Sifu 🙏🏼

  53. Webschain says:

    Impressive VIDEO 🙂

  54. Ebenezer Bakare says:

    It's a thing that sells a thing, its not a thing.

  55. Rhi Jazmin says:

    Is it just me or did we all nearly cry at the end because of the passion you can hear and feel is this mans voice!

  56. Eric C says:

    Dan on Demand is great. it's not just a place to learn more from Dan Lok. It's a place to be with other like minded people and surround yourself with good entrepreneurial influences. No one can do it alone. You need a community. If you want to be top 1% income, then you need to know 100 people to meet that 1 person who will become top 1% just to try and start a community. If you want to become top 0.1% income, you'll need to know 1000 people to meet that 1 person who will become 0.1%. You have time to personally get to know thousands of people? Aren't you busy with your business?. DoD does that hard work for you. The monthly payment is a filter for people who aren't serious. It's a great place, I recommend you check it out. Feel free to reply below this message if you have any questions.

  57. Faizman Consultant says:

    Thanks sifu.

  58. Sei Raymond says:

    Hey Dan am Raymond from Ghana, my question is what of if your company is failing because of new highly competitive similar company has been introduced in your country

  59. Maha Projects ideas says:

    😷👍

  60. Harish Kumar says:

    Can you learn about to start up small company for youngster.
    How to start a business in low investment..
    Teach me.

  61. Sam P says:

    Thanks Dan. I love those framed pictures in the back, who are they by?

  62. Mkuki Yusuph says:

    nice i learn more about business thank you

  63. Projects To Mansions says:

    Aye Projects To Mansions!

  64. Nounbooks tv says:

    Hi Dan ,how can you make a video on how you manage you time (I.e relationship, business,family and expenses

  65. jahanzaib rehmani says:

    Dan you know man
    I applied your information on my 2nd prospect and you know what i close the dam fucking next sales meeting almost 50% done ✅ snd they showing intrust thanks dan you are really a HIGH TUCKET CLOSER applause 👏 for you

  66. ruth white says:

    I am learning the most from you then any other entrepreneur, I am blessed I found you

  67. 2ndhalf Llc says:

    From your failures ,I will learn to succeed ,thank you

  68. Oliver Bosch says:

    thanks for this tomorrow i will focus on being the best sales man for my business

  69. Oliver Bosch says:

    Im at that point where im at the bottom im almost out of all my money but now i know why… i stopped focusing on sales being the best salesman for my company I lost my edge I feel like my business sucks now i exhausted all my money…. when my business was in a good position i was generating sale after sale saving money making money ,,, thanks for this… i stopped believing in myself and my company and my companies objective

  70. Ngosong Jr says:

    What if your business idea is new but the people aren't acquainted with. Plus many false prophets offering similar services ruin the business idea getting prospects scared with a political crisis. What do I do to revive my business with this problems

  71. Abdullah Siddique says:

    Hey dan i need some advice.i want to marry a girl but i am.not settle so what u say i marry first or settle first?

  72. Dennis Suryana says:

    Brief but gold, you're a great mentor Dan Lok.

  73. Martyn Damara says:

    You're simply reading my mind, Dan. Thanks for the video.

  74. Sourabh bali says:

    This changed my life. Thanks Dan

  75. Sourabh bali says:

    I like the honesty in Dan.

  76. Ask. TEN says:

    Powerful Lessons Leraned Sifu.

    1. Focus on Cutting Expenses
    2. Focus on sale
    3. Focus on learning

    Thank you

  77. birddog says:

    looking mighty sharp today sir

  78. birddog says:

    focus on SALES – CLOSING – COMMUNICATION!

  79. Critic121 Kibitzer says:

    My problem is NO CONFIDENCE IN SELF!!! No self worth .. in myself and my work …
    Can’t go out meeting clients.
    That’s my greatest fear.
    … even clients comes to me … I tend to sell myself cheap … worst when they come in with sad stories and needing my help.

  80. Hector Mongezi says:

    I learned that the first step of business is to improve my high incomes skills, before diving into the deep end.

  81. Schola M says:

    Thank you so much for this video.

    Do you believe that there are some areas that people wont buy a certain product because they are satisfied with their lives? I know it sounds off but thats what Im experiencing. Currently i'm studying in a Province away from home and I started selling perfumes as I did at home. At home alot of people were so willing to buy and i was out of stock almost immediately after i started (i advertised the product through social media). But here in this Province seems like people dont really think they need perfumes.
    Do you believe in this? That there are places that dont sell certain products because people are satisfied with what they have?

  82. Jakrapatra Lauhawatana-HTC Graduate says:

    Cash cutting expense… cut out unnecessary expense…
    Focus on sales…no.1 sales person for my organization… the things that sell the thing.., focus sales
    Learning be honest with urself learn more know more about competitors than they know themselves

  83. Rational Thinker says:

    I think this video is more relevant and meaningful…

  84. Kyaw Hlaing says:

    Thanks for telling

  85. Mica Castelo Branco says:

    Boo…god bless you…😇tan you…mister Dan

  86. mtber75 says:

    what if you have too much high interest loan payments?

  87. Usman Ahmad says:

    This guy is king when I need answers for something. 🙂

  88. Annie Rampersad says:

    Knowledge is power.Thanks for all these pearls of wisdom from your past experiences👍

  89. vxk says:

    I love it, straight to the point, I think my problem is lack of focus and maintaining a set path.

  90. ABEL says:

    My dad is basically driving our business to the ground by not doing anything and I just wanna research and do everything I can to shut him up and if I have to fix it myself so be it we can survive without the business no problem but the idea of a business failing while I can do something about it just grinds my gears to the max.

    And that’s why I’m here now

  91. ICON Consulting says:

    "Focus on sales"
    "What do I mean by that…"
    "…produce sales"

    wow, thanks! problem solved.

  92. Red Star Gems says:

    Thanks bro

  93. Dr. Austin Milbarge says:

    As a former corporate sales trainer, I wish I had discovered your work several years ago. You have a great style and present a nice mix of classic proven psychological techniques, as well as add a modern understanding of today's business climate and demands. Excellent channel Dan! Anyone interested in becoming a better closer should pay attention. Thank you for what you have shared with us.

  94. THE SEX DOLL CHANNEL says:

    This morning when I woke up depressed about my failing business, I went back to sleep three more hours. I felt better when I woke up. This was just the video I needed. It is often darkest right before the dawn. Thank You, Dan Lok

  95. 10G for Gold says:

    👌👌

  96. Chaten Patel says:

    I love this guy!

  97. Midwest Korean Translation says:

    Dan, I am a Korean interpreter and own a business. I have been watching you for the past couple of months and have benefited so much by watching your videos and actually applying the material. I came across this video at the right time, as I am currently going through some financial challenges that I am determined to overcome. Best of luck and keep producing.

    Robert

  98. ankit singh says:

    I ALREADY HAD 3 BUSINESS ON VERGE OF CLOSING.

  99. peter isaac says:

    How about the spiritual aspect of success pls teach us that part

  100. أنا أحب الإسلام • I Love Islam says:

    My competitors are not my enemies

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