7 Skills That Will Make You Rich

7 Skills That Will Make You Rich


Have you ever heard of lack of money is a little bit of a problem? You know what? Lack of money is never, ever, ever a problem. What I mean by that, lack of money is simply a symptom of the problem, but it is not the cause of the problem. What the problem really
is, is a lack of skill. Have you ever heard
stories of lottery winners who suddenly a win for money
coming into their lives, millions of millions of
dollars, only found themselves a few years later broke, bankrupt. Actually, sometimes, worse off
when they were financially. Now, why is that? They have money but they don’t have the skills of the rich. I am rich. Not because of my money,
cause I started with no money. I was in debt. I was hundreds of thousands
of dollars in debt. I am rich because of my skills. So, today I am going to teach you the seven skills that I have mastered. There are seven skills that I believe you need to understand and master if you want to be rich. Now, as I go through each skill, I want you to ask yourself the question, and comment below, and rate
yourself from a zero to 10. Zero being absolutely
horrible, like you suck, and 10 being world class. So, here we go. Skill number one: the ability to talk to customers persuasively. I call that closing skill. Do you know how to close? Can you articulate the value of what you do to your potential clients? Do you know how to ask powerful questions that compel people to buy? Are you comfortable talking to strangers, presenting your ideas, demonstrating your product or service? Closing skill, I believe, is
one of the most important, if not the most important
skills you need to master, if you want to be rich. When you are talking to
customers, you’re closing. When you’re talking to vendors, try to persuade them to
give you better terms, Guess what? You are closing. When you’re talking to your
employees, you are closing. So, that’s skill number one. The number two skill
that would make you rich, and that is the ability
to speak to groups. I call that public speaking skill. You see, do you know the number one fear that most people have in life? It’s not snake and it’s not even death. The number one fear that most people have is public speaking. Now, why do so many people, why are they afraid of speaking to groups? Most of the time, because they worry about if they gonna sound stupid,
or how do they look, or they are afraid because they might say something wrong. All these things, but you
look at great leaders, almost all great leaders, they’re all great public speakers, such as Steve Jobs, right? Such as Tony Robbins, Warren Buffett. One of the skills that changed my life is public speaking. When I joined Toastmasters years ago, because I wanted to improve my English, and also reduce my accent, and I was improving myself through public speaking. I developed confidence, self-confidence, through public speaking. So, ask yourself, are you
afraid to speak to groups? Do you know how to present
your ideas to groups? Can you communicate with
conviction and certainty? Can you interact with your audience? Maybe you get sweaty palms. Maybe you are like me, in the beginning, your face will turn pale,
your knees would be locked. That’s okay. It is a learnable skill,
but in order to be rich, public speaking is one
of the most valuable skills that you must master. The third skill that will make you rich, and that is the ability to
communicate with words in print, or what I call persuasion in print. I refer that as your copywriting skill. Now, notice that I said copywriting skill. Now, copywriting, I am not talking about being all grammatically correct, although it is good to do that, but I’m not talking about
what you learn in school, academic writing, I am
talking about communication. I am talking about, maybe
it’s your webpage, your video. I am talking about your email. How do you communicate
with the written words? Now, why is this so important? Because, in day-to-day communication, the emails you send, all
the social media posts, the agreement, the contract, your lending post, or your blog. A lot of that is written communication and when you know how to
communicate effectively through the written words, it gives you a tremendous amount of leverage. Let me give you a perfect example: Let’s say you created
a social media post and you have a decent amount of following, that gives you leverage, because what you see and what you write, that is seen by hundreds of
people, thousands of people. In my case, it could
be millions of people. In fact, copywriting is the very first skill that I developed as young Dan Lok, and that’s the skill that changed my life. How I went from losing money and not making enough money to earning $10,000 a month, in my early 20’s. So, copywriting. Now that is not taught in school. School taught us writing, but it did not teach us copywriting, so that’s skill number three, the ability to communcate
with words in print. Skill number four: and that is the ability to communicate clearly and
effectively with your team. I am talking about your leadership skill. In order to be an effective leader, you must be an effective communicator. Do you know what the
vision is for your company, and are you communicating
that with your team members? Do you communicate clearly,
the vision, to your team? Do you know how to create a good culture within your organization? You see, all of that is leadership skill. Business is not a solo sport. Business, not only is it
an intellectual sport, but it is also a team sport. It is an organization. You are only as good as your team. It is very, very important to develop that leadership ability
to be able to inspire, to motivate and lead your team. Skill number five: and
that is the ability to manage and organize your
time for maximum results. Some people refer that as time management. I refer that as priority
management because, at the end of the day, we all only have 24 hours a day, seven days
a week, and 365 days a year. You cannot actually manage time because we all have the same amount of time. However, what you can
manage, is your priorities. What are the important things
you’ve got to focus on? One of the important things
that would move the needle, that will help you move
closer to your goals. The problem is, school never taught us how do we manage our priorities, right? You do your homework, your taking exams, your taking care of your family, you’re doing a bunch of different things, but most people will never
take the time to slow down and look what we do, and ask ourselves, okay, why am I even doing this at all? What is the pay-off of these activities? We never ask ourselves
those profound questions, and, at the end of the day, priority management really is self-management. How do you manage yourself? And, if every single day, you can manage your time
efficiently and effectively, and you focus on just handful of things, that two or three things you know, if you keep doing that consistently, will get you the results that you want. So, rich people understand
that and realize the value of their time, and that’s why they avoid, what I call,
minimum wage activities. If someone can get the job done, costing you less than
what your time is worth, we delegate it. So, that’s skill number five. Skill number six: and that is the ability to read financial statements. I call that financial literacy skill. Now, this skill is not taught in school. In school, how do we
measure how well we do? Your school card. Are you getting an ‘A’, a ‘B’, or a “C’? In the real world, in the business world, we look at the financial statements. Your financial statements,
they are your score card. It tells us how well you
are doing financially. How well are you managing your money? Now, you may thinking,
“Well, Dan, are you asking me to be an accountant, or
take an accounting course, or be a bookkeeper, things like that?” No, but you do need to
understand the language of money. Financial literacy, that’s the language of money, how money works. Your balance sheet, your income statement, your cash flow statement. When you look at the
statement, you look at numbers and you’re like, “Oh my
God, man, I don’t know what’s going on,” or, “I’m
not making enough money this year, in this poll”,
or, “I’m having a loss this year in business,” or can
you read between the lines? What is it telling me? What is the story? How am I managing my money, right? And you need to understand the basics of some of these vocabularies of money: credit score, return on investment, profit and loss, capital gain, capital loss, depreciation. A lot of these words, that is
what you have to understand. You cannot improve
something you don’t measure. So, financial literacy, and it’s extremely, extremely
important skill you must master, if you want to be rich. Skill number seven: and that is the most important skill out of them all, and that is the ability
to manage your own mind. I call that your mindset skill. Frustration, negativity, fear, envy, depression, limiting
belief, procrastination. How do you manage your emotions? How do you manage your mind? You see, you could get all of
the other six skills right, and you can master all other six skills, but if you don’t have your mindset right, it is not going to work. I’ve said it many times, the book that Napoleon Hill wrote, it’s called Think and Grow Rich, part of thinking is managing your mind. What are you feeding in your mind? How many times do you know
exactly what you need to do to accomplish your
goal, to achieve result, but you cannot get yourself to do it because of procrastination. Maybe, how many times
in your life you have opportunities slip through
your fingers and you cannot get yourself to
step up and take action because of self-limiting belief. Or, what about, how many
times that you know that other people believe in you but you don’t believe in yourself because
of self-limiting belief. That’s all mindset skill. So, those are the seven skills
that will make you rich. If you want to know how I went
from a poverty consciousness, a poverty mindset, to
a millionaire mindset, click the link below or
somewhere on this page. I’m gonna train you on it. Lao Tzu said it best: knowing
others is intelligence, but knowing yourself, that’s true wisdom. Mastering others is
strength, but mastering yourself, that’s true power.

100 Comments

  1. SAMMM says:

    im in highschool & all i heard was โ€œthey dont teach this in schoolโ€ like damn โ˜น๏ธ

  2. anagani bhavani says:

    How can I learn High Ticket closing

  3. cedrick mwamba says:

    Hey Mr Danlok
    Is my first time to turn my hears by hearing you but being honest your skills touched me.
    skill n 5
    skills n 6 and skills n 7

  4. Hari Hari says:

    Admirable speech sir. I like so much your speech. Your words are making me to go another stage in my life. Very attractive thing in your speech is your eyes, that eyes locked me in to your speech. One of the best videos I had seen. Thanking you sir for your very helping videos.

  5. john tae sae says:

    so whats your PUABLUM?

  6. STEPHIN JAMES says:

    I'm from India.good motivation ๐Ÿ‘๐Ÿ‘๐Ÿ‘

  7. Abe Jackson says:

    1-Selling shits while pretending to genuinely care about them.
    2-Suckering people in who are naive and hurt for their money.
    3-Positioning yourself as an authority figure.
    4-Developing charisma and using it on people.
    5-Marketing shits while hyping it.
    6-Pretending to be a sifu.
    7-Getting endorsements from celebrities & people by any mean necessary.

    Mostly, stop pretending that you care. We all know that you're in it for money.

  8. Yves Simba says:

    You're amazing, thanks for your massage

  9. ุงูู„ุงู… ูˆุซุงุฆู‚ูŠุฉ says:

    thanks

  10. Melvin Jr says:

    Good, Bro

  11. Mayoorathy THIRUCHELVAM says:

    Thank you thank you thank you
    That is the right time video for me
    U r simply GREAT ๐Ÿ‘๐Ÿผ

  12. Mohamed Mohamud says:

    thanks that is great motivation to me

  13. John LG says:

    if this guy still there i like to meet him n follow

  14. Ashu Tagashu says:

    your perception is i really tech ed me i will stand to be a heavy communicator. i know i have that skills

  15. Ly Kimgech says:

    Thx q so much

  16. Boogeyman! says:

    Let poor people be poor don't tell them this!

  17. Maricel Libunfacil says:

    Thank you sir

  18. RastaPapa says:

    So this gave me confidence since I habe absolutely no fear of speaking in public. In contrary, I love it.

  19. Deepak Jog says:

    spot on, bang on

  20. Kamini Kalra - Maan Mantrana says:

    Closing skill
    Mindset

  21. Clinton Kotzee says:

    Funny enough, I am an accountant.

  22. ashwin doke says:

    5 n 7 are most important.
    And very difficult too.

    Its easy to be busy and think we ar working. But to realize n stay focused on output is the key.

  23. Ashok Rao says:

    Thank you Mr. Dan Lok. ๐Ÿ™๐Ÿป

  24. Vidyanag Training Guru Private Limited says:

    1 closing skills = 0 zero ..- REST all skills 100% – i am perfect, trained 50,000+ people LIVE … … what to do ????

  25. Medo Sidibay says:

    good advice for young starters

  26. Rojeko jasto says:

    Dan lok fan group

  27. abel gallardo says:

    I watch ALL your videos,whether its Wing Chun or Finance,but I really don't know how to invest.I know you probably hate this question, Mr.Lok,but can a low income disabled person still break out of the poverty zone?! How would I start,REALLY would like your advice.

  28. Raz Tamang says:

    What you just said @ no.7 , It just happent to my life. I could not manage my mind set despite all these skills that i have got. And i am stocked in a life and could not reach to my goal.

  29. Lรฃ Hoร ng Phรบc says:

    I am still young but I have my dream car in my mine so I want to thank you for inspiring me to work hard for my dream

  30. Ashunti Arp says:

    i got every skill except the very first one

  31. Caissy Nakure says:

    Every time I watch this dude I feel filthy rich

  32. nicole salve says:

    0

  33. marete muriithi says:

    Knowing yourself is true wisdom…I love this been educated,thank you

  34. Be.blessed. Forever says:

    How you write! Very important

  35. Precious Samson says:

    10 I love this video thanks you

  36. Calinescu Alexandru says:

    Gold advices.

  37. knowledge is growth says:

    Thank u uncle

  38. Mario Tapalla says:

    Informative mostly the last part

  39. Alfred Goyit says:

    All skills Zero

  40. Royce Loi says:

    Priority management is the most direct money making in my opinion.

  41. Andrew Fellows says:

    5

  42. Abderrahim Anejjar says:

    Thank you !!

  43. fishlips54 says:

    Closing Skill : 1.
    Public Speaking: 4.
    Print Skill: 5.
    Leadership Skill: 1.
    Priority Mgmt Skill: 3.
    Financial Literacy Skill: 5.
    Mindset Skill: 8.

  44. Bojan Kekezovic says:

    I got 0 here but im one step to being billionaire in your other videos so i got that going for me which is nice

  45. CoachOfDreams says:

    A good take-away; "Priority Management is Self Management." 07:40 (Start at 06:40 for better context). He articulates that while some focus on "time management" he prefers to think of it as "priority management." The subtle difference is actually profound as one who often seems to "run out of time" to do all I need/want to do… I'm reminded of the analogy of the big rocks, the little rocks, & the sand… Think of the big rocks as the top priorities. Yet if you were to fill a jar with pebbles &/or sand (lesser priorities) then the big rocks would not fit. Conversely, if you place the big rocks in first, then you may still pour sand in to fill the remainder of space.

  46. Giovanni di Capo says:

    #7 is the hardest and you're 100% right. Napoleon Hill said it's because I lack discipline.

  47. Freidrichsburg C. Noble says:

    Thankyou ,Sir ! U R my MENTOR.

  48. AMIT DESHMUKH says:

    9

  49. AMIT DESHMUKH says:

    10

  50. AMIT DESHMUKH says:

    8

  51. AMIT DESHMUKH says:

    8

  52. AMIT DESHMUKH says:

    9

  53. AMIT DESHMUKH says:

    1

  54. AMIT DESHMUKH says:

    9

  55. OLD Beer Buzzard says:

    Well, now I know why I sucked at all things,, yet I never owed a Debt, other than my homes. Salute

  56. Lola Muffy says:

    I have worked and saved and also come a little bit of money..I dont want it sitting I the bank…what should my next move be?
    Could you make a video on that please?

  57. ana miguel says:

    I speak a lot and I am afraid in speaking in public…I can't communicate in group I am really struggling today is my birthday and 27years old but poor I really need to change…..any help???

  58. kennethen davinci says:

    lack of pwoblem

  59. E. A. says:

    Hello Dan Lok, can I get your email to ask questions and engage each other?

  60. Myrna Ribu says:

    Closing Skills,the ability speak to group,cooperating skill, Managing your time,the ability to read financial,statement, and ability to your mind,mastering yourself is the true Power.

  61. Erna Wiyati says:

    Thanks very much more than this so good idea but you ๐Ÿ‘Œ๐Ÿ‘Œ๐Ÿ‘Œ๐Ÿ‘Œ๐Ÿ‘Œ๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒท๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน๐ŸŒน

  62. Jen Cast says:

    Yes the power of yes

  63. Yak Money says:

    That last one hit different

  64. Lesner Perdomo says:

    1 closing skill !!
    I love to talk in public
    I have the same situation rn Iโ€™m learning English as well !

  65. star sunny dj says:

    I got (z) grade in school

  66. star sunny dj says:

    Sir some time its all look me boring but the next moment they are special

  67. Michael Bess says:

    Mr. Lok (ci fu) Great Content as always!!! I know #4 & #5 are my two deficiencies. i believe if I keep those two in the forefront of my awareness I will do better than I have. Thank you for articulating these aspects. It could be because I still have yet to find my true passion. You are always an inspiration. Thank you for all that you do @danlok

  68. Johannes Steinray says:

    1. Closing skill. 7
    2. Public speaking. (performance) 11 lol
    3. Words in print. 10
    4. Leadership. 9
    5. Organize time. 8
    6. Final literacy. 3
    7. Mind management. 4

  69. Sushant Ambhore says:

    Awesome Dan

  70. Nadir Farooqi says:

    You are a great leader

  71. Ivhene Lazarte says:

    This is Great! .I've been thinking too much these past few days about what to do but now I think I have the guide .Thank you for this video Sir Dan .More power to you !๐Ÿ˜Š

  72. KAZI MD MOSHARROF HOSSAIN says:

    Great to hear but not easy to achieve.

  73. Bikash Poudel says:

    You give me hope.

  74. Teresa Nguyen says:

    Thank you for teaching

  75. Tringer ivr says:

    9.5,9,5,7,1,1,5 my ratings

  76. Skilled One TV says:

    Thank you Sir Dan for all the motivating videos. I'm not good in communication but I'm starting learning it that's why I started my youtube channel. I want to enhance my skills on communicating. God bless you more Sir.

  77. FarOan dolc says:

    not 0 but -10000

  78. positive creative says:

    @danlok . 5 tips about live . Then 6 about money and business… thank y for the first 5 tips . I dont have business to think about 6 tips .

  79. Idatson Elysee says:

    Powerful teaching! Thank you Dan.

  80. kamran khan says:

    10

  81. Camilo Peรฑa says:

    Closing: 5
    Public speaking:2
    Copy writing:4
    Leadership skills:7
    Time management: 5
    Financial literacy skill: 5
    Mindset skill: 2

  82. Syed Kaleemullah says:

    Good video.

  83. Abdulhafiz Shamil says:

    how about understanding what will work and what won t work

  84. Goatboymagic says:

    pawblum

  85. Barnali Bhowmik says:

    Love you sir..you are awesome..

  86. Cheng chee hoon says:

    closing skills = 9
    Group or Public Skill = 5
    Persuasion skill = 7
    Leadership Skill = 5
    Time Management Skill =7
    Financial Literacy Skill = 10
    Mindset sill = 5

  87. Ady Zitharo says:

    So good I have learning about you a lot.

  88. Nitesh Maru says:

    How to improve copy writing skills..???

  89. Makes you Successful!! says:

    Sir, Very Good Video… as all time..
    I have all the skills, mentioned in the video, even I have idea…
    (A great IDEA)
    But how to start..? I am in a great Dilemma… Help me Sir..

  90. Love God says:

    public speaking and leadership closing skill and the add part about handle money

  91. boxersacademy fitnessAsh says:

    Hi Dan,

    Have been watching your vids for some time. Firstly I was warm to your vids but not thinking not too original or genuinely humble approach. I think you to be an artful arrogant individual :-). ( Maybe trying to much to copy the lines when your speaking on the screen, 'just be like water ' my friend.. – ).

    Regards,

    Ash

  92. Sara Croft says:

    Thank you!!

  93. M S R says:

    These tips can't be applied in every way possible.

  94. Prescilie Perdigueros says:

    Thanks sir Dan

  95. Holly Jansen says:

    AND NUMBER 8…. GO DIGITAL… you have to love our digital age… have a look at this program that I used to make income without investing @t

  96. Mary Jean Tigoylo says:

    I need financial literacy, like asap๐Ÿ’ช

  97. Celestin Ekalakala says:

    Happilly happilly and wish succefulls to this one's

  98. sfb sfb says:

    i dont have friends who speak english.Could u give some idea

  99. Beza Love says:

    I'm from ethiopia iy love it

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