How can you choose a high paying career?
In this video, that's what we're going to be talking about.
I'm here with my buddy Dan Lok here and we're shooting in Vancouver and if you're just joining
for the first time, I'm John from BulldogMindset.com.
Dan's got some, some great advice on this.
Before we do though, I want to encourage you to take a look at one of the videos that Dan
and I recorded where we go over Dan's whole background.
Dan tells you how he retired young.
What happened after that?
How he made his first million dollars at 27 years old.
It's really, really, really good story.
I think, so just to give you some background on Dan.
One of the things as Dan and I were talking before we shot this video, he was asking me,
you know, what kind of advice do you give to like, you know, 18 year old kid and I'm
going to give you kind of what I do, what I tell them and their parents don't like it,
all right?
As I say, I say, don't go to college.
I say, never get a job, not working for someone else.
Go to Thailand.
Okay?
Live really cheaply or live in your parents' basement or get a roommate or multiple roommates
or share a room, right?
Basically, live as cheaply as possible.
Never get a job working for someone else and instead focus on building a business for yourself.
Okay?
And focus on in one year, getting to the point where you can make $1,000 a month.
Anyone pretty much can do this.
Okay?
And once you do this, the reason why I say this is because you'll be financially free
for the rest of your life, right?
Your income will only go up over time, but you'll start off your life being free, right?
Most of us, myself included, I started off my life being a slave to working for someone
else.
When I eventually got free, my barrier to entry or to exit was higher because I had
expenses.
I had to pay $7,000, $8,000.
It took you longer.
Exactly.
To be free.
Yeah, so if you're just starting out, you know, that's kind of the advice that I give,
but I'm curious your take on this and Dan and just on how someone can, what should they
do?
There are many different career paths that you can choose.
And over the years myself, even with my companies, I've had ups and downs just like any business,
it's not always going to be smooth sailing.
I have had my ups and downs.
But over the years I can always fall back on my skill sets, my high income skillsets.
So, I think when it comes to, if you're a young person just starting out, you're choosing
your career did a few factors that you need to consider is what I believe.
Okay.
Companies, organizations and entrepreneurs, they are always willing to pay someone to
bring in revenue,
Yeah, definitely.
They're always willing to pay someone to bring in revenue.
Now if you are a coder, and you're kind of in the product creation kind of category,
which is perfectly fine and maybe you're making high income, but companies again will always
pay for someone to bring in revenue.
Those are the rainmakers, the revenue generators for the company.
So in terms of career, if you're working at a job, if you're in those positions, they
will be the last one to cut.
Right, exactly.
They need revenue.
And they're always willing to pay a premium price for someone that can do that.
So in terms of, it could be marketing, it could be back end or copywriting.
Why am I able to charge someone $5,000 to $10,000 for a few pieces of paper that I wrote,
right?
It's not the ink on the piece of paper.
It's what those pieces of paper could do, which is to produce a lot of revenue for the
company.
It's that simple.
Why do companies want, are willing to pay top closers, you know, top dollars?
Why?
Because they are the ones that bring in revenue for the company, right?
So they're always willing to do that.
And second thing is you think about, again, going through a cycle, you want to, what I
call recession proof your income.
Okay.
Let me give an example.
So let's say, I have a friend of mine who has a high income skill, which he is a golf
instructor.
You know, making $15K a month.
That's good money as a golf instructor.
Makes a lot of good money.
But imagine when recession hits.
Are people are still willing to pay him as much or will he be losing clients?
He can go from $15K, it could be to $5K overnight.
But when times are bad, I call that recession proof, or kind of think about, it's like the
bar business.
Okay?
When times are good people go have a drink, right?
When times are bad, people go and have two drinks.
So it's a recession proof concept.
If you get recession proof income when times are good, companies are willing to pay someone
to bring in revenue.
When times are bad, they're willing to pay more money for someone to bring in revenue.
Exactly, yeah, that's a good point.
So if you are going to pick a career, if you picked something that even as a young guy,
your advantage is your age.
So maybe you know Instagram very well.
Offer that.
Help people manage their Instagram account.
Grow their Instagram account.
You can charge a lot of money for it.
So they will not look at you, as your age, as a disadvantage.
They will look at you as an advantage.
Good.
You're young, young person.
You know this shit.
Awesome.
We need you.
Right?
Maybe it's managing Facebook.
Maybe it's doing digital marketing.
Maybe it's doing closing, which is what I teach, right?
They don't care about your age.
They care, can you produce results?
Right, I've said that, or I've said basically anyone, I'll hire you if you make me more
money than you cost.
That's it.
And I say to any entrepreneur or anyone looking for a job that you come to any entrepreneur
and you can prove to them that you can make them more money than you're asking for?
It's simple.
You're hired.
Because then, you are not a cost.
Because as a CEO they look at every single person that's on the payroll.
These are the revenue generators.
These are the expenses.
Yeah, exactly.
When time gets tough, who are they going to cut first?
They're gonna cut all the customer service.
They're going to cut all, maybe a couple of accounting person or these people.
Do we need that?
We don't need any of that.
Right.
The middle management Yeah, we don't need those guys.
Oh, these guys we can't touch because they're the only ones that are bringing revenue that's
keeping the company going.
Actually, we need to hire more of these guys.
Exactly.
Yeah.
To bring in more revenue.
While they're cutting other people, they're hiring the revenue generators.
For sure.
So when you pick a career, I think take that into consideration.
Where can you develop a skill set, can you pick a career that you are actually bringing
in money for the company and a lot of these skills, they don't take forever to learn.
Like my copywriting skills, it took me one year.
One solid year to be good enough to charge good money for what I do.
And see, you know, I think a lot of people, they think that's not right.
Their fairness comes into play and they're like, that's got to be a scam or something
like how can you charge people a bunch of money, more money than I'm charging after
going to school, being a doctor for eight years for something that you just learned
in a year?
And it's the market that's paying it.
It's not the world is fair.
Because first of all, what dictates your worth is not the company, it's the marketplace.
So example, if I'm offering my service as a Instagram marketer, okay?
I'm charging $1,000 a month right now, hypothetically.
Let's say, I'm a young guy, I'm 20 years old, okay.
Maybe I work on my closing skill a little bit.
The next client that gets on the phone, potential client, I'm going to charge $2,000.
And the clients are willing to pay me for $2,000 a month.
I've just doubled my income.
It has nothing to do with what you do.
It has everything to do with your ability to communicate and close.
So it has nothing to do with it.
And when people talk about scam or I hear this sometimes from, "You know, you cannot
develop a skill and make all this money.
It must be a scam."
Here's my take.
If you're over 25 years old, you've got nothing to show for?
You have already been scammed.
You've already been scammed.
You've been scammed by the school system.
You've been scammed by the government.
You've been scammed by the corporation.
You've got nothing.
You have nothing.
You got $0 bank account.
You've already been scammed because in order, scam, to me, it's being taken advantage of
without realizing it.
That's my definition of a scam.
You got nothing for people.
Scam.
You've got nothing.
So if that's the case, people think about if anything that's outside of the norm, anything
that's like, oh, you can develop a skill in 60 days, 90 days or six months.
Okay.
That's not normal.
That cannot be right.
Oh, six years.
Student loan.
That makes sense.
Just think about it.
It makes no fucking sense.
No, but everyone has been taught that.
Everyone believes that, until they see otherwise.
And the school system has done a phenomenal job, the media's done a phenomenal job brainwashing
people to believe in a certain way.
Right?
Yeah.
They've done that and that's why anything outside the norm.
Because it's really, you think about it.
Just weigh the pros and cons.
How is this making more sense than this?
It makes no sense.
That's why I think however, I do think it's shifting.
I think a lot of young people, they are getting smarter.
They can see their parents, they can see that, you know what, Mom and Dad, I love you, but
your philosophies didn't work out so well.
It didn't turn out so well, and that's also partially why I believe even my YouTube channel,
your YouTube channel, why people are searching online for alternatives.
Sure.
Yeah.
They're like, you know what, there must be a better way.
This cannot be the only way.
And that's why, you know my growth, you know how it went from 10,000 subscribers to now,
a million subscribers in two years.
I don't think it's because I'm so freaking great.
It's just because people are looking for answers.
They're looking for what are some of the other ways I can do this?
Are there a faster path, that I don't have to walk the traditional path and there is.
And that's what resonates with people.
Exactly.
And you know, if you're looking for more ways to do this more on what Dan has said here,
we're going to teach you.
We've got a free master class.
You can just click on the link in the description below.
I'll also have it up in the card.
Free master class Dan and I are putting on and we're gonna talk more about this.
We're going to talk about specifically how to develop these skills, how you can do this,
right?
If you're searching for that answer, you know, both Dan and I have been able to find this,
right?
We're not working for someone else, right?
We have this ability to generate money for companies.
So if you want to learn about that, definitely click that link.
Also, free gift, Dan has so graciously provided, you've probably seen, I did a review on this
book.
If you haven't, go check it out, but this book is awesome.
He's going to give away this F.U.
Money book as well as the audio version.
That's what I would listen to because I'm a big runner, so when I'm running, I'm listening
to audio books at 3.5X speed.
Challenge for you.
All right, guys.
Thank you.
Thank you so much Dan, and make sure you join us.