5 Things Smart Entrepreneurs Never Do

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Dan Lok

Dan Lok

Күн бұрын

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There are 5 things smart entrepreneurs never do. Even the most veteran entrepreneurs make mistakes and do thing they shouldn't do. And that's ok. So in this video Dan Lok reveals the 5 things smart entrepreneurs never do. Watch this video to find out.
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This video is about 5 Things Smart Entrepreneurs Never Do
• 5 Things Smart Entrepr...

Пікірлер: 375
@DanLok
@DanLok 5 жыл бұрын
What is the biggest problem you’re facing in your life right now? Comment below. I might just make a video and solve that problem for you.
@quibella2742
@quibella2742 5 жыл бұрын
My compition which which I am facing. I have a shop of sweets and another shop behind my shop what can I do to make a difference anybody's opinion please!
@wealthyfoundations332
@wealthyfoundations332 5 жыл бұрын
Hey Sifu, I am really struggling with forming someone as my salesman right now, I am trying to mentor him so he gets good at selling and then becomes my closer but I have no clue how. Here's my question and video request: How do you mentor someone? What's the full process and how do you break their formation down! Thank you for considering my inquiry. Much love from Montreal!🇨🇦
@ashiong6613
@ashiong6613 5 жыл бұрын
My biggest problem is I do all I have to do to.sell.our product but no one.buy 😢
@Virlo
@Virlo 5 жыл бұрын
Dan Lok I can code and have big ideas but I don’t know how to advertise or something so that people know my web app/app..
@bek2567
@bek2567 5 жыл бұрын
How to sell idea if its really good idea how to find investment if i am just a beginning entrepreneur
@zackattack91000
@zackattack91000 5 жыл бұрын
1. Never micromanage 2. Hire people that will help you execute your vision 3. Allocate you resources 4.Don’t day yes to everything 5. Never stop listening to the ideal customer 6. Focus on profits, not just revenue 7. NEVER STOP LEARNING
@siganran
@siganran 5 жыл бұрын
Don't say!!! not "day"
@arielluria3975
@arielluria3975 5 жыл бұрын
On becoming an Entrepreneur : Examine your K.P.I. (Key Performance Indicators) " What gets measured, gets improved "
@jonluckhan9168
@jonluckhan9168 5 жыл бұрын
Interesting. . As I would recall, KPI are small agreed upon measurements,that reflects your organisation's critical goals for success. It's more or less a numerical snapshot. KPIs can be a quick and useful tool to let you diagnose strengths and weaknesses in your process,make strategic decisions and ensure you are heading in the right direction. Keynote: The real value of your KPI is in the discussion of results with your team, not the numbers themselves. As Einstein said, " Everything that can be counted does not necessarily count and everything that counts cannot necessarily be counted.
@saieedali8412
@saieedali8412 5 жыл бұрын
K.P.I. Will check it out.
@irfandy8
@irfandy8 5 жыл бұрын
Ariel Luria Wah nice thing to note.. thanks for sharing!
@kelvinjohn6851
@kelvinjohn6851 5 жыл бұрын
Ariel Luria i love your attitude. I have been reading your comments for some times now & they really helped me a lot Please don't stop to share your point of view in this "comment section". Dan is my mentor but i find out you are useful too. Be blessed.
@chriswilliam4123
@chriswilliam4123 5 жыл бұрын
The only mentor we need. Dan THE MAN lok. I am so glad i found your channel.
@OggyMinatiEntertainment
@OggyMinatiEntertainment 3 жыл бұрын
Yess ❤️❤️🙌🙌
@aizamalubag-rondera1990
@aizamalubag-rondera1990 2 жыл бұрын
Yes..same here pal
@fionadeolim4817
@fionadeolim4817 5 жыл бұрын
I’m so happy I found your channel Dan, I’ve only watched a few videos but already learned so much from you. I plan on watching them all ‘knowledge is power’. Thank-you and many blessings to you.
@cosmic4701
@cosmic4701 5 жыл бұрын
Merry Christmas Dan, thank you so much for all the videos you've put out this year!
@bennythios974
@bennythios974 5 жыл бұрын
Thank you..thank you...thank you...may god bless you. No one ever tell me about this...and i am so exhausted in running my business...one more time thank you so much. I promise to my self (and you, even if you don't care or don't know me) i'll do what you teach me...
@Rene-oo9ob
@Rene-oo9ob 5 жыл бұрын
Good work Dan! Merry Christmas!
@idonorpeace2026
@idonorpeace2026 Жыл бұрын
Never stop learning my best .... Listening to customers that's all you need. Thanks Dan Lok
@anime.fights_animation
@anime.fights_animation 5 жыл бұрын
Thanks for your knowledge 🌹
@shivampattanshetti310
@shivampattanshetti310 5 жыл бұрын
Dan you r a genius with the ability to perfectly execute the goal.i feel so.
@darrelltan4517
@darrelltan4517 4 жыл бұрын
This is a great reminder Dan. Thanks for saying this as a new entrepreneur. I love it
@barbiefigueroa
@barbiefigueroa 5 жыл бұрын
So much value in your videos! Thank you Dan! 2019 will be about scaling so #1 is something I need to do!
@meryqueenmandate1781
@meryqueenmandate1781 5 жыл бұрын
Thank you sir Dan lok for another good tips ang idea I've learn so much for every vedio that you sharing give more inspirational to all of us
@sandeepmagdum9106
@sandeepmagdum9106 5 жыл бұрын
Hello Sir..thank you very much..I am from India..small village.. I watch your videos and its inspire ..Motivate me..thanks again..
@TheIndRRa
@TheIndRRa 5 жыл бұрын
The best phrase for me in this video is "It is not how much I know, but how much I learn". I have enrolled some business studies, listening to successful entrepreneurs, reading business, strategy, leadership, team growing and leading books, like you said in previous video looking for the right idea (sniper method). The problem is there are so much information and books, videos about business, but sometimes it's difficult to know which one to choose. Which one will get me faster to the breakthrough idea.
@zakariabdulkadir2551
@zakariabdulkadir2551 2 жыл бұрын
Thanks a lot Danlok, I am happy that I Found your channel.
@trevorkong1079
@trevorkong1079 5 жыл бұрын
Thank you Sifu Dan, Merry Christmas!
@petarfilipovski475
@petarfilipovski475 5 жыл бұрын
Dan , you are an inspiration. Keep growing and teaching us to grow, Love from Macedonia
@marthasuper1801
@marthasuper1801 5 жыл бұрын
Thank you. “Profit & Revenue”
@joancerezo1949
@joancerezo1949 4 жыл бұрын
Great video! Thank you Dan!
@johnreyluaton101
@johnreyluaton101 5 жыл бұрын
I'm 16 yrs old and i love watching your video, thanks dan you motivate me everyday.👍👍
@sahilsahni6557
@sahilsahni6557 4 жыл бұрын
Dan doesn't motivate he teaches you to self motivate yourself!!
@RPinspiro
@RPinspiro 5 жыл бұрын
Profile is not event it's an habit great Dan ,,, salute u
@prosperity9787
@prosperity9787 5 жыл бұрын
A truly fantastic video Dan.
@Jesse_Lane
@Jesse_Lane 5 жыл бұрын
Love it, Dan!!!
@alejandrocontent6694
@alejandrocontent6694 5 жыл бұрын
Great video, thanks Dan!
@gilbertkasembe9261
@gilbertkasembe9261 5 жыл бұрын
Thank you Dan for the video because what i have learn here is that mistakes is the best teacher and the best experience ever and thats why you have learnt alot from your mistakes in business
@valdemarlima4560
@valdemarlima4560 5 жыл бұрын
Thanks Dan !! Merry Christmas 🎁
@dennisrepetitonmiskowski7677
@dennisrepetitonmiskowski7677 5 жыл бұрын
In my eyes I have for mentors no particular order and Dan is one of them. Keep up the good work day and don't change your style. Change on me more freedom amount of money or more. Reach Out and I will take you and your family to lunch if you Milwaukee Wisconsin. thank you
@Thebester3
@Thebester3 5 жыл бұрын
Hey merry xmax Dan !!! Thanks again for your knowledge and for free!!!
@lsr-anon
@lsr-anon 5 жыл бұрын
"What you don't know it will cost you" true!
@AdibahShahrudin
@AdibahShahrudin 5 жыл бұрын
Merry Christmas Mr. Dan!
@abhijitchakraborty1953
@abhijitchakraborty1953 5 жыл бұрын
great sir you have the taste of your vision......very inspiring......we are on the journey of our vision and transformed the virtual ideas to reality.....achieved break even with in 6th month......you ideas and tactics are very useful to us and by following you we are gradually learning and maturing ourselves in the market......keep flowing the knowledge.......thank you.
@mrcrown7777
@mrcrown7777 5 жыл бұрын
Thank you Dan for many tips that you've shared... It blows me n makes me realize that I've done many many things in wrong way... I should learn n do more...
@ronaldwalker5841
@ronaldwalker5841 Жыл бұрын
Very Profound, listen to Dan and grow.
@brutallyhonest4695
@brutallyhonest4695 3 жыл бұрын
There are so many other channels that are busy in criticizing him. But, in contrary, I find him a decent guy willing to help not only paid customer but also someone like us who are out of reach of his service. May God bless him. Dan, give a damn to those haters because that is how they are earning their life. ❤️❤️
@benjaminbrenya2078
@benjaminbrenya2078 5 жыл бұрын
You are the source of my inspiration Dan. God bless you Sir
@ethan8
@ethan8 4 жыл бұрын
As being a small entrepreneur, I find it challenging not to micromanaging everything & listening to ideal customers. I was about to say it's hard to find trustworthy teammates or partners so I want to do it all on my own. However I just came to an epiphany that I am giving myself a limited belief. I made assumption based on my past experience... The biggest takeaway from this video is that I am aware my thought process went !! Next step is to silence my limited beliefs and find a new way to co-op with other experts.
@gobretail7078
@gobretail7078 4 жыл бұрын
Thank you for sharing great experiences you have with us. I learn a lot from your watching, reading. I recommend to everyone.
@Red-xz1gk
@Red-xz1gk 5 жыл бұрын
What you said here are so true! Great sharing! Thank you.
@opengultom
@opengultom 5 жыл бұрын
Thank You Mr.Dan Lok, I am so excited & learn to be best entrepreneur
@kozomayungo1282
@kozomayungo1282 Жыл бұрын
I have been motivated..... your lessons are motivating......am enjoying!
@ep.anukun2292
@ep.anukun2292 5 жыл бұрын
Thank you Shifu, Merry Christmas.
@esnartbotha7599
@esnartbotha7599 Жыл бұрын
Smart entrepreneurs never stop learning 👌 Dan you a great inspiration, Watching you from Zambia.
@shyfulislam5677
@shyfulislam5677 4 жыл бұрын
I am really thankful to you for serving us with exclusive guidelines....
@MrRockyVega
@MrRockyVega 5 жыл бұрын
Love this. Especially #3.
@wingchung1975
@wingchung1975 5 жыл бұрын
Thank you Sifu, Merry Christmas.
@officialstoneytark
@officialstoneytark 5 жыл бұрын
Another great video to inspire me on Xmas. Hope you and Jenny and your team and everyone has a wonderful time
@realshorts8069
@realshorts8069 5 жыл бұрын
Great video very inspiring and full of advice just what i needed. Thank Dan Lok
@Moonchild0x309
@Moonchild0x309 5 жыл бұрын
Damn Sifu! You've got so much that you give! Thank you so much! I'm implementing all your advice as fast as I can!!
@alexandrearaujodecarvalho
@alexandrearaujodecarvalho 9 ай бұрын
Thank you so much.
@upgrademe8816
@upgrademe8816 5 жыл бұрын
Happy holidays Dan
@diditiesto5055
@diditiesto5055 5 жыл бұрын
🎉🎁🎄Merry Christmas Dan Lok.🎄🎁🎉
@verticalmomentumresiliencypod
@verticalmomentumresiliencypod Жыл бұрын
Thank you for teaching me all you do.
@israeljoseph7609
@israeljoseph7609 5 жыл бұрын
Thank you so much sir. Dan
@maarchell
@maarchell 3 жыл бұрын
Always Great Value. Thx form Italy.
@ghislainriou9560
@ghislainriou9560 5 жыл бұрын
Happy holidays Master Dan Lok and to your family and company
@ChristopherBetancur
@ChristopherBetancur 5 жыл бұрын
Sifu, It’s so great how you take the experessions a I have been hearing all my life such as ignorance is bliss and patience is a virtue and completely shut them down and put. This speaks volumes for me understanding that I have been getting all my information from the 97%- now everyday taking massive action to rewrite my brain with the way the 3% think and operate
@mohamedmustafetvshow6586
@mohamedmustafetvshow6586 5 жыл бұрын
Dan lok the best and the first adviser thank you danlok
@abdulahi395
@abdulahi395 5 жыл бұрын
Finally qof somali aan arkay m.a
@mohamedomer7605
@mohamedomer7605 5 жыл бұрын
@@abdulahi395 me too
@selyemperzsa1
@selyemperzsa1 2 жыл бұрын
You answered all my management questions. Thank you.
@ytwilhemg
@ytwilhemg 5 жыл бұрын
Merry Christmas 🎄
5 жыл бұрын
Always top value in your videos! Merry Christmas! 🎄🎁
@jardonmiles9117
@jardonmiles9117 2 жыл бұрын
Dan your the best,and I truly admire you alot.. Wish i could meet you today
@arienzoamadeus6675
@arienzoamadeus6675 5 жыл бұрын
Thank you Dan great advice .
@toby-jeanne_almy
@toby-jeanne_almy 5 жыл бұрын
Sitting here at the doctors office listening on my headset, getting my videos in lol! And one thing I'm good about.. is NOT micromanaging if I get good employees!
@jackgriffo637
@jackgriffo637 5 жыл бұрын
Thank you Dan Lok !
@monckeywrench4823
@monckeywrench4823 5 жыл бұрын
Thanks again for this dan lok a very powerful video for entrepreneurs.
@RachelSLee
@RachelSLee 5 жыл бұрын
Thanks for sharing your wisdom. As an Affiliate Marketer, I feel that it's important that I get to share what I know. People like you Dan inspires me to upload youtube content that my followers can really learn from
@sajeevapadmasiri2147
@sajeevapadmasiri2147 4 жыл бұрын
Thank you so much
@akpravachan6864
@akpravachan6864 5 жыл бұрын
Dan you are doing very awesome thing to give him the awareness of living thank you so much..
@monettesoliven4479
@monettesoliven4479 4 жыл бұрын
Thanks Dan Lok
@kylanvuichoinguyen
@kylanvuichoinguyen 5 жыл бұрын
First likeee 😊 Happy holidays 🎄
@stefanradovanovic4433
@stefanradovanovic4433 Жыл бұрын
Well said my friend! Never said YES to everything ☺️
@brooklynohio518
@brooklynohio518 4 жыл бұрын
Thank you DAN LOK.
@cocoytaylor
@cocoytaylor 5 жыл бұрын
Puts me in the right track. Also doing that listening to podcasts in the background! :)
@team_clickerwayne
@team_clickerwayne 5 жыл бұрын
"Smart entrepreneurs never micro manage" - I Love it :)
@alabamahouseflippers4480
@alabamahouseflippers4480 5 жыл бұрын
I got the 1 K Bro ! great vid as always ! I love the ignorance is NOT bliss statement . Merry Christmas !
@sathiyakumarp3321
@sathiyakumarp3321 4 жыл бұрын
Excellent. Very useful.
@mohamedkargbo6115
@mohamedkargbo6115 2 жыл бұрын
Thanks 👍🥰🥰🥰🥰 for your support in TRANSFORMING my Ego to SUCCESS
@jasonhall756
@jasonhall756 5 жыл бұрын
Thanks dan need to apply some of these great content
@alirazamohammad6180
@alirazamohammad6180 5 жыл бұрын
you are the best Dan!
@mujimax007
@mujimax007 2 жыл бұрын
This is me. I am micro-managing yet but will not do so when my restaurant grows and have another branch. 👍🏻
@TheSwiftHDSG
@TheSwiftHDSG 5 жыл бұрын
Thanks from the helpful information Dan! 🙏
@linga4528
@linga4528 5 жыл бұрын
Hi Mr.Dan Lok ur the Good Motivator for every young Entrepreneurs. i like Ur Video & its very nice.
@shraddha5950
@shraddha5950 3 жыл бұрын
Thanku very much
@yaroslavmuradian5959
@yaroslavmuradian5959 5 жыл бұрын
Thank you for sharing.
@MDNadim-fn3ng
@MDNadim-fn3ng 5 жыл бұрын
Thanks for sharing your knowledge. Dan, please tell us, how to overcome procrastination in any work?
@aungaung-om5bx
@aungaung-om5bx 5 жыл бұрын
thank you sir. your each lesson is trustworthy.
@kilian361
@kilian361 5 жыл бұрын
You gotta love this guy!💯
@longmandavid5224
@longmandavid5224 5 жыл бұрын
Wow! What an awesome ideas explained Thanks so much From India
@idonorpeace2026
@idonorpeace2026 Жыл бұрын
Love you Dan Lok wish to see you one day
@masoodrana9425
@masoodrana9425 5 жыл бұрын
Thank you.
@nilsrieter
@nilsrieter 5 жыл бұрын
Hi Dan, thanks for this very awesome Video! best regards Nils
@shanti.6954
@shanti.6954 5 жыл бұрын
Learning that is the key.
@Bbbbbbcd
@Bbbbbbcd 5 жыл бұрын
Great tips about micro managing and profit / also love the little dan figurine on your desk 👍🏻
@SUPER_GIANT
@SUPER_GIANT 5 жыл бұрын
Love you dan
@attractyourabundance4333
@attractyourabundance4333 5 жыл бұрын
Smart Entrepreneurs - 1. Never Micromanage. Learn that you are a macrothinkers. Need to figure out where we're going. Figure out vision. Recruit and hire talent to help execute vision. You as a leader allocate resources. You cannot do that when you are micromanaging! 2. Don't Say Yes to Everything - Realize you have a finite amount of time, capital, resources. Must learn to prioritize. Over Dan's career, Dan would say yes to everything in the beginning, then sometimes yes, and then no to everything. 3. Never Stop Listening to Ideal Customers - You cannot fulfill other customers' needs if you don't know what their needs are! 4. Focus on profits, not revenues - What matters is what you take home, not what your company makes. 5. Never Stop Learning! - What will get you to the next level is often hidden in something that you don't yet know.
@user-cc6ve8vu2x
@user-cc6ve8vu2x 5 жыл бұрын
Thanks for this information it will be used now
@alisonie7583
@alisonie7583 5 жыл бұрын
Thanks Dan. Your videos are short but very educative. I ask God to give you more. Because the more you get, the more you will give back especially in knowledge and wisdom.
@danilocangco4161
@danilocangco4161 5 жыл бұрын
Wow.. Very very powerful.. Amen
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