ArticlesBlog What To Do When Your Business Is Failing August 29, 2019100 Related posts: 5 Keys To Building A Million Dollar Business Profitable Small Business Ideas – What NOT To Do When Starting A Business Best Kept Secrets Of A Phone Sex Business How to Set Fees for Your New Consulting Business – The Art of High Ticket Sales Ep. 7 Related tags : Advice business Business Is Failing business mentor dan dan lok dan lok fu money failing business failing business advice failing business options failing business turnaround failing business what to do fu money global educator how to save my business lok money save your business saving a failing business turning a business around What To Do what to do when a business is failing What To Do When Your Business Is Failing Your Business Is Failing Post navigation Previous Article The Music Business in 2017: The Impenetrable Power of Working It | John Kellogg | Berklee Onsite Next Article Save or Convert Visiting Card or Business Card in Excel Sheet Data Comments (100) October 15, 2018 at 7:46 pm What was your biggest takeaway frommy video? Comment below. Also, you can comment any questionsyou have for me. I might feature your question in one of my next videos. Don’t forget. Like. Comment. And subscribe. Reply October 15, 2018 at 9:56 pm Great material here, Mr. Dan. Thanks! I do have a question (not related to the video, though): according to your experience, is marketing and selling separate but related concepts? Seems to me that selling is the byproduct of marketing. Many thanks, once again! Reply October 15, 2018 at 9:56 pm Your business is a direct reflection of you. When you grow my business grows. Reply October 15, 2018 at 9:56 pm What if the problem is getting leads to sell to? I can close 60% of my sits, but without leads that's useless. Any advice when lead gen is the problem? Reply October 15, 2018 at 10:12 pm You're either growing or dieing. Reply October 15, 2018 at 10:28 pm Great advice! I canceled my Dan on Demand subscription and started saving the money I was flushing down the toilet. Reply October 15, 2018 at 10:28 pm Less than 200 k and we'll hit the First One Million! Reply October 15, 2018 at 10:56 pm Learning new things from every video. Thank you Dan. Reply October 15, 2018 at 11:13 pm I really like your videos … they certainly help me focus on the main thing Reply October 15, 2018 at 11:32 pm Omg, I am close to that situation now…. Reply October 15, 2018 at 11:49 pm Thank you very much Dan Lok.I really needed this.thank you Reply October 16, 2018 at 12:13 am Thanks Reply October 16, 2018 at 12:35 am 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 Reply October 16, 2018 at 12:52 am Never give up Reply October 16, 2018 at 1:08 am Dan, how do I have virtual assistants for my company, instead of real people managing my company, so it's easier Reply October 16, 2018 at 1:15 am 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 Reply October 16, 2018 at 1:40 am 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… Reply October 16, 2018 at 2:48 am Great Video bro Reply October 16, 2018 at 2:56 am 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. Reply October 16, 2018 at 3:12 am 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! Reply October 16, 2018 at 3:58 am Thanks Reply October 16, 2018 at 4:28 am 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 Reply October 16, 2018 at 4:42 am 😊 Reply October 16, 2018 at 5:20 am What should i do if i have different vision with my partner bussiness ? Reply October 16, 2018 at 6:16 am "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. Reply October 16, 2018 at 6:37 am iam respecting you,because your not wasting free time,and sharing valuable information to humanity Reply October 16, 2018 at 6:37 am iam respecting you,because your not wasting free time,and sharing valuable information to humanity Reply October 16, 2018 at 7:10 am It's good to know that you didn't need a good handwriting to be successful Reply October 16, 2018 at 7:20 am 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! Reply October 16, 2018 at 7:35 am Another outstanding video Dan! Thank you very much. Reply October 16, 2018 at 7:43 am 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. Reply October 16, 2018 at 7:48 am Great video sir Reply October 16, 2018 at 8:47 am 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. Reply October 16, 2018 at 9:01 am We listen to Both GC & Dan Lok, Both are different so we have to listen to both Reply October 16, 2018 at 12:49 pm 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! Reply October 16, 2018 at 12:58 pm Dan You gotta make a video dedicated for teenagers Reply October 16, 2018 at 12:59 pm Congrats in advance towards reaching the 1Million subscriber mark Reply October 16, 2018 at 1:38 pm Thanks dan!!! 😊 Reply October 16, 2018 at 1:47 pm 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! Reply October 16, 2018 at 1:53 pm 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 Reply October 16, 2018 at 1:54 pm what exactly are "high ticket sales" and what do you sell? Reply October 16, 2018 at 2:04 pm 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? Reply October 16, 2018 at 2:46 pm Dan could you briefly explain "entrepreneurial supply chain".. Reply October 16, 2018 at 3:25 pm THANKS Reply October 16, 2018 at 3:51 pm Wow nice handwriting, Reply October 16, 2018 at 3:54 pm Sifu dan, next video on deep voice ,what you do?!! Reply October 16, 2018 at 4:16 pm My mentor!! Being watching your videos and it has really changed my mentality, and I really needed this video for my business Reply October 16, 2018 at 4:20 pm Your teachings have helped me work on my weaknesses as a person and a CEO Reply October 16, 2018 at 4:34 pm "Its not the thing, its the THING that sells the thing", Dab]n Lok. the books you dont read wont help you. Reply October 16, 2018 at 4:41 pm 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 Reply October 16, 2018 at 5:38 pm 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? Reply October 16, 2018 at 7:11 pm 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. Reply October 16, 2018 at 7:58 pm !!!! You the Men Reply October 16, 2018 at 8:43 pm What I see here is work yourself up to become the right person, waiting for the right time and be at the right place Reply October 16, 2018 at 9:52 pm Thanks sifu Reply October 16, 2018 at 11:45 pm 👍👍👍👍👍🙂🙂 Reply October 17, 2018 at 12:20 am Watched from beginning to end, Like and Subscribed. Reply October 17, 2018 at 12:55 pm 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? Reply October 17, 2018 at 7:17 pm bravo! Reply October 17, 2018 at 7:23 pm 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. Reply October 18, 2018 at 12:12 am Dan and grant cardone both say that you need cash. Grant says do more, sell more. Dan says sell assets and cut costs. Reply October 18, 2018 at 6:12 am Sifu 🙏🏼 Reply October 18, 2018 at 12:33 pm Impressive VIDEO 🙂 Reply October 18, 2018 at 5:46 pm It's a thing that sells a thing, its not a thing. Reply October 18, 2018 at 9:30 pm 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! Reply October 19, 2018 at 2:39 pm 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. Reply October 20, 2018 at 3:55 am Thanks sifu. Reply October 20, 2018 at 6:18 am 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 Reply October 21, 2018 at 11:10 am 😷👍 Reply October 28, 2018 at 2:57 pm Can you learn about to start up small company for youngster. How to start a business in low investment..Teach me. Reply October 29, 2018 at 7:11 am Thanks Dan. I love those framed pictures in the back, who are they by? Reply October 31, 2018 at 1:33 pm nice i learn more about business thank you Reply November 11, 2018 at 6:25 pm Aye Projects To Mansions! Reply November 16, 2018 at 4:29 pm Hi Dan ,how can you make a video on how you manage you time (I.e relationship, business,family and expenses Reply January 2, 2019 at 9:57 pm Dan you know manI 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 Reply January 4, 2019 at 6:44 pm I am learning the most from you then any other entrepreneur, I am blessed I found you Reply January 28, 2019 at 3:50 am From your failures ,I will learn to succeed ,thank you Reply February 2, 2019 at 5:29 am thanks for this tomorrow i will focus on being the best sales man for my business Reply February 2, 2019 at 5:33 am 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 Reply February 25, 2019 at 5:46 pm 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 Reply March 24, 2019 at 9:54 am 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? Reply March 27, 2019 at 6:54 am Brief but gold, you're a great mentor Dan Lok. Reply March 31, 2019 at 1:36 pm You're simply reading my mind, Dan. Thanks for the video. Reply April 17, 2019 at 1:57 pm This changed my life. Thanks Dan Reply April 17, 2019 at 1:59 pm I like the honesty in Dan. Reply April 20, 2019 at 4:42 pm Powerful Lessons Leraned Sifu. 1. Focus on Cutting Expenses 2. Focus on sale 3. Focus on learning Thank you Reply April 21, 2019 at 11:23 pm looking mighty sharp today sir Reply April 21, 2019 at 11:26 pm focus on SALES – CLOSING – COMMUNICATION! Reply April 25, 2019 at 6:29 am 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. Reply April 30, 2019 at 8:28 pm I learned that the first step of business is to improve my high incomes skills, before diving into the deep end. Reply May 5, 2019 at 5:13 am 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? Reply May 7, 2019 at 11:01 pm Cash cutting expense… cut out unnecessary expense…Focus on sales…no.1 sales person for my organization… the things that sell the thing.., focus salesLearning be honest with urself learn more know more about competitors than they know themselves Reply May 16, 2019 at 3:25 am I think this video is more relevant and meaningful… Reply May 18, 2019 at 2:16 am Thanks for telling Reply May 26, 2019 at 7:45 pm Boo…god bless you…😇tan you…mister Dan Reply June 4, 2019 at 4:26 pm what if you have too much high interest loan payments? Reply July 24, 2019 at 4:17 am This guy is king when I need answers for something. 🙂 Reply July 31, 2019 at 11:40 pm Knowledge is power.Thanks for all these pearls of wisdom from your past experiences👍 Reply August 1, 2019 at 5:33 am I love it, straight to the point, I think my problem is lack of focus and maintaining a set path. Reply August 7, 2019 at 12:44 am 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 Reply Comment here Cancel reply Comment Name * Email * Save my name, email, and website in this browser for the next time I comment.