- What do you do if you don't want to be an entrepreneur?
One of the most common questions I get from you,
from my fans from all around the world.
Dan, how should I get started?
What's the first step?
How do I start my first business?
What would it take to be an entrepreneur?
First of all, let me say this.
Not everyone is suitable to be an entrepreneur.
You have to ask yourself, why do you
want to be an entrepreneur?
Now if I was to guess, comment below
my guess is because you know what I want to be wealthy,
I want to be rich, I want to have more freedom,
and that's why I want to be an entrepreneur.
Well you don't have to be an entrepreneur to be wealthy,
to be financially successful,
because not everyone is cut out to be an entrepreneur.
Unlike other gurus and all these other people that say,
oh yeah, yes if you just hustle,
anyone can make it as an entrepreneur.
Bullshit.
It's like if you hustle
everyone will be an NBA player.
It's not true.
It takes a certain personality type.
It takes a certain psychological makeup
to be an entrepreneur.
I used to believe, that entrepreneur is made.
Now I'm more leaning towards believing entrepreneur is born.
You could develop skill sets of an entrepreneur,
and you can get to a certain level.
Just like if you play basketball, right.
You can have fun, you can get to a certain level.
But only a percentage, not even a big percentage,
will make it to that professional level.
Will make it to that college basketball
or to the NBA, the best of the best in the world.
So I think its very naive, it's fucking stupid to believe,
that everyone can be a successful entrepreneur.
I don't believe in that.
Timing, team, idea, execution,
all those things, they play a factor.
So what do you do if you don't want to be an entrepreneur?
Let me tell you about my friend Ron.
Now I've known Ron for almost ten years now.
He is one of the highest paid photographer in my city.
He takes a lot of different photos.
One of the most expensive in my city.
Now he doesn't have a business.
He's simply a photographer.
What Ron has is a high income skill.
If you follow my work you know I believe
in the power of having the high income skill.
And I define a high income skill
as a skill that makes you a minimum $10,000 a month.
10k a month, $120,000 a year or more.
So Ron has a high income skill,
which is a high-end photographer.
Now he's a very frugal guy.
Remember back then he could've bought a place,
a house in Burnaby, he's making very good money,
but he bought a very modest home.
Not for a lot of money, and him,
his wife, and two kids living there.
And as he keeps making more and more money,
he put aside and saved those money and put into real estate.
He started off buying smaller property,
fixing them, flipping them, selling them.
Eventually moving into duplex, bigger bigger units.
And today, after all these years,
he owns over 200 units in Vancouver.
Now if you know Vancouver real estate,
it is one of the most expensive in the world.
So he owns apartment buildings,
he owns commercial properties.
200 doors.
200 units.
He doesn't have a business.
He is not a business owner.
Over the years all he has is he has
developed his high income skills,
he has maximized his high income skill,
and he takes that money
and put into high return investments.
In this case, real estate, that's it.
He's now worth tens of millions of dollars.
He's basically retired, traveling with the wife,
and traveling to all kinds of countries just enjoying life.
Because, every month he's got rental income
coming in, right.
So I want you to think about,
you don't need to be an entrepreneur
to be successful financially.
What you need to, absolutely that you need
it's high income skills.
Now, if you have your high income skills,
could you then transition,
if you do want to start a business,
and if you do believe that you have what it takes,
you could do that, absolutely.
But what I'm saying is, you could do very well financially.
You can make six figure a year.
You can make seven figure income a year
with the high income skills
without ever starting a business.
Because, starting a business
is a completely different thing.
Now you have people, you have systems,
you have infrastructure.
It's much more complex
and again not everyone is cut out for that.
And I always describe the definition of entrepreneur
is a person with a vision who orchestrates other peoples'
time, resources, and money, to make his or her vision
a reality, that's it.
Not everyone is capable to do that.
Not everyone is capable of being a leader.
So don't fool yourself, and say oh I can do that.
Or you see someone on Instagram,
they've got this life they're an entrepreneur,
I'm gonna be an entrepreneur.
It's like, you see Michael Jordan playing basketball,
oh I'm gonna be an NBA player.
The chances of you making it are slim to none.
The great thing is you don't need to do that
in order to do well in life.
You don't need to do that in order --
If you want to watch my other videos
on five ways to increase your income,
click on the "i" button, I talk about
the concept of also intrapreneurship.
How to start a business within a business.
I explain very much in depth in that video.
So, if you want to develop your high income skill,
click on link below,
join my global community called Dan on Demand.
Now with Dan on Demand every single month
I'm gonna teach a class worldwide
to all my students from all over the world.
Every single month, 'cause I get questions from you a lot,
Dan when can I attend your next workshop?
Dan when can I come to Vancouver to your training?
I'm not doing training anymore.
Every single year I only do one huge event
which we just finished with over a thousand of my students
from all over the world.
Once a year, that's all I do.
I'm not speaking on other people's platform.
I rarely do that, because I don't make
my fucking money as a speaker.
I make my money building companies.
That's why you don't see me flying
and traveling around doing all that.
If I do all that I would not have
no time running my business.
So if you want to learn from me you do not need to wait.
Click on the link below.
Join my Dan on Demand community.
Every single month, I'll teach a live class
virtually so you can join me as well.
Until next time, I'll see you in my Bentley.