Skills that allow to bring value to the marketplace in exchange of money

Today I wanna share with you exactly how I retired at the age of 27. How I did it, and maybe how you could do it as well. You see, I started very early at a young age. The path of business. I started my first business when I was in high school, just with a couple of buddies mowing lawns for people in our neighborhoods. That’s my very first business. There are three things that I did during this time that allows me to retire young and retire rich. So the very first thing is this: I focus on developing what I call high-income skills, my high-income skills.

Skills that allow me to bring value to the marketplace in exchange for money. Now I define high-income skills as skills that could make me $10,000 or more per month. You see, the first five years of my business career, when I was getting started. In the first five years, I didn’t take a single day off. I was working 12 to 14 hours a day seven days a week for the first five years. While all my friends, were out there drinking. Drinking and having parties and chasing girls. I was fucking working. I sacrificed, I made a lot of sacrifices. I believe if you don’t sacrifice for your dream, then your dream becomes your sacrifice. So I might the decision, I paid the price early on. I spent a few years of my life working on myself, working on my business.

Doing the things that most people are too lazy to do, not willing to do. So I could have what most people cannot have. The very first high-income skill that I developed was copywriting. Now you might wonder what that is. Well, it’s simply the skill to use words to sell, that’s it. Print persuasion, or persuasion in print. And I was running a one-man advertising agency myself. If you watch the T.V. show “Mad Men”, that’s kind of what I was doing, without all this smoking and all that bullshit. But I was basically a marketing guy in my early 20’s.

Working with companies, working with businessmen. And I was making 10,000 a month, $12,000 a month, in my early 20’s. And at that time it was like, I felt like a million bucks. I thought it was the most money I’ve ever seen. And I did that, then, later on, I took that money, the income that I earned. I put that aside, and I started quote-unquote, “A scalable business”. Now if you want to retire early, and retire young, one of the most important things that you have to know is noticing and identifying trends. At the time, I went onto the internet. I saw this trend on the internet. We’re talking about back then, remember Netscape, dial-up modem. I’m talking about Overture for pay-per-click, you know good old days.

You, watching this young guy, you may or may not even know this. But I’m talking about Yahoo! for search engines, okay? Facebook and then later on Google. But I’m talking about that’s when I got started. Back then, early, and I noticed a trend on the internet. And I was importing collectibles from Hong Kong, Bruce Lee collectibles, actually. And I was flipping them on eBay, I was doing marketing, I was doing digital marketing online, I was selling digital products. Before PDF, before all these things were even popular. Software, all these things, and that’s how my first bucket of money. Then I took that money, and I sold some of those businesses so I cash out, and I took that money and I invest in real estate.

Then my investments are able to support my lifestyle. And that’s how I retired at the age of 27. But here’s one thing I’ve learned through that experience: at the age of 27, I thought this was my dream. I thought, “I wanna get to a point where I don’t “have to work anymore, I’ll sit on the beach all day and that is going to be it.” And I did that, the first month. The first 30 days, I was sitting on a beach on English Bay, just sitting there every single day, right? Looking at the beach, looking at the ocean, I thought, “I have made it.” You know what? All I got was sun-burnt. That’s it. You may dream of sitting on a beach every day. I’m telling you, when you could do it, I was bored out of my mind.

I thought, “This is fucking stupid. “I worked so hard to get here, “and now I’m sitting on a beach doing nothing. “This is dumb, like did I work this hard “and make all that sacrifices for this?! “Like come on.” ‘Cause you gotta understand, when you’re businessmen. I was going like this every day, go, go, go, go, go. Suddenly when you have nothing to do, when you cash out, when you have investments, you’re like. “Okay, I guess, what else do you do?” Right?

After 30 days of that I was sick and tired of it. I’m like, “This the dumbest thing ever.” So the second month, I did something different. I actually thought, “You know what, “I’m gonna watch some movies.” So at the time, I rented a lot of movies, a lot. I was watching six, seven movies, the DVDs. Stack of them, every single day. Let me tell you something: I love movies, don’t get me wrong. But when you’re watching six, seven movies every fucking day, you don’t like movies so much anymore, believe me, okay? After 30 days of that, I’m like, “This is again, the dumbest thing ever.” I just felt like, so lazy, I felt like I wasn’t doing anything with my life.

Then I went to talk to my mentor, and he said, “Okay Dan, here’s what I want you to do. “I want you to start another business.” I said, “No! No! I’m not gonna start another business, “I was killing myself all these years so I could retire, “you don’t understand, I’m not gonna work!” He said, “No, you’re gonna start another business.” I said, “No! I am not gonna start another business.” He said, “You’re gonna start another business.” I said, “No.”

But this time he said, “You’re gonna start a business, “from a totally different place. “Because now you made it. “You could start your business coming “from a place of strength. Coming from a place of more, “coming from a place of something that you want. “What do you want to create? “Build it around your strength, “build it around your passion, “’cause now money’s not an issue. “You’re not just doing to make money. “What could you do? “How could you use all the skills “that you’ve accumulated, you’ve developed, “all the business acumen, all the knowledge “that you have, how can you use “that to build something great?” And I thought, “That, I could do.”

So that’s my story. That’s how I retired at the age of 27. I don’t know where you’re at in your journey. Maybe you want to retire young, maybe you want to retire at the age of 45, 55, 65. I don’t know where you’re at. But what I do know is, is it’s possible. And what I also do know is once you get there, there’s always another step. There’s always another level. So don’t wait, don’t feel like you have to get to a point where, “Hey you know what, “I’m gonna spend my whole life doing stuff “that I hate, so I could get to a point “where finally, I could do some stuff that I love.” No, enjoy the journey, success is a journey, not a destination.


Getting rich is not an act, it is a habit

Do you know why you struggle financially? Do you know why you’ve got no money at the end of the month? Because you have the habits of poor people. You see, rich people, we have very, very different habits compared to the poor and the middle class. Today, I’m gonna teach you what those habits are. We are what we repeatedly do. Human beings, we are creatures of habits. You notice that you kinda do the same thing, the same routine, over and over again and again and again?

See, getting rich is not an act, it is a habit. So is staying poor, it’s also not an act, it’s not something that just happens to you, it is a habit. So, let me teach you the three best habits of rich people. The very first habit of rich people and that is they count their money. Poor people don’t count their money, they get a paycheck, they deposit a paycheck, they spend the money. They have no idea what their expenses are, they have no idea how their money flows. You notice, poor people have a job and wait ’til maybe once a year when they file their tax return.

The taxes that are owing is how much of their pay. They look at the numbers, they don’t even look at the numbers. They’re just, “Okay, alright, “that’s how much I need to pay.” File tax return and that’s it. And they look at it maybe once a year! Rich people, we don’t do that. We look at our numbers regularly, we are financially literate. I’m not a numbers person, don’t get me wrong. Okay? I’m a concept guy. Okay, I’m a big picture thinker, I’m a visionary but I am very, very careful and I’m very aware of how my money is flowing. I look at my numbers, I log into my account every single day I will look at my cash flow. I will look at how much cash reserve I have. I sit down with my calendar every single week, look at my financials, every single week.

Looking at my financials across all my companies, how are they doing? Because what gets measured, gets improved. So, habit number one, rich people, we count our money regularly. How often do you count your money? How often do you look at your bank account? Not bitching about it but how often do you look at every single line of expense all your revenue, where it comes from, is it improving? What do you need to work on? What are those key performance indicators? Are you looking at those numbers? So, that’s habit number one.

Habit number two is they pay themselves first. Now, you’ve heard of this before. “Oh yeah, I know.” “Dan, I’ve heard of this before, you gotta pay yourself.” Do you know actually what that means? Paying yourself doesn’t mean buying yourself a car. It doesn’t mean taking that vacation, it doesn’t mean that you go blow money on entertainment. “Oh yeah, I’m paying money to myself.” No, that’s paying everybody else. When you’re buying a car, you’re paying the automotive company. When you’re buying a house, you are paying the bank. When you are traveling, you are paying the travel agency, you’re paying the hotel, you’re paying the airplane company. Paying yourself meaning that you put your money aside and you invest your money.

Now, I’m not talking about being saving, if you know anything about me, you know my work. I’m not talking anything about being saved and being cheap. I’m talking about taking a percentage of your income and putting that aside. Pay yourself first, save it and then you invest it, that’s what I mean by paying yourself. And a lot of people, if you’ve read the book. The Richest Man in Babylon, it talks about that you should save 10% of your money and pay yourself 10%, I’m telling you nowadays, with what’s happening with the hike. With what’s happening in the world, every fucking thing is more expensive. If you wanna get rich, paying yourself 10% is way, way, way, way not enough.

You should, at the very minimum I don’t care where you are, start off with 10%. I don’t care if you’re making $30000 a year, you pay yourself 10% of it. $40000, $50000, $60000, you pay yourself 10% and as your income increases, I want you to also increase the ratio. So, you should at first 10% then you should aim to save 15%, 20%, 30%, 40% to a point where you are making so much more money. And then now you’re only spending a small percentage of what you earn. That’s your goal, that’s called paying yourself. So, that’s habit number two, pay yourself first.

The habit of rich people number three and that is rich people are constantly improving their earning ability ’cause you might be thinking. “Dan, okay, I wanna pay myself first “but I’m not making enough money. “I’m only making a few thousand a months. “I couldn’t even afford to pay my bills. “How am I gonna pay myself first?” First of all, you’ve gotta have the habit of paying yourself first. If you’re not paying yourself first, even a tiny, small percentage when you’re making $30000, $40000, $50000, $60000, $100000 a year. I guarantee you when you’re making a million. Two million dollars a year, you’re not paying yourself.

It is a habit that I’m talking about. And in order to do that, in order for every single year to be able to pay yourself more and more and more. And put into investments, you need to improve your earning ability. Do you need to find ways of how you can add value to the marketplace? How to add more value to the marketplace So, every single year, your income is going up every year. If you’ve been working in the real world and you have your own business and your income stays flat for the last two, three, five years then shame on you. It means you’re not learning, it means you’re not thinking, it means you’re not growing.

Every single year, your income, you have to strive to improve that, your earning ability. And rich people will always constantly be looking for ways to improve our earning ability. But also looking for ways to add leverage, to apply leverage into what we do. Maybe it’s through relationships, maybe it’s apply leverage through learning. So, I have more ideas and more strategies. I can improve what I do. Maybe it’s through better people that bring on better people to my team so we can perform at a higher level. Right? Maybe it’s through marketing. How could I get my message out there? How can I have people know what I have to offer? We’re always constantly looking for leverage.

So, those are the habits, the three best habits of rich people. Understand this, I’m gonna leave you with a quote. “You do not decide your future. “You decide your habits and your habits decide your future.” So, click the subscribe button below. Let me know what habits you have, that you want to get rid of, that are holding you back. Some poor people habits, how do you get rid of them? And what are some of the new habits of the rich that you are going to develop? And also comment below, let me know how this video has helped you. If you’ve been watching my work for sometime now, let me know. And also check on my videos on this side as well. Go ahead, watch those videos right now. Until next time, I’ll see you, my family.


Scale and magnitude together create billionaires

Thinking alone never made anybody rich unless their thinking manifests itself into consistent action. What are the two keywords? Consistent action. What are the two keywords? Consistent action. What kind of action? Consistent action. Two-word application of laws that work, that work. Scale creates millionaires, magnitude creates millionaires. What is the scale? Volume. Volume. You want to make millions? Sell millions of something. Magnitude, depth, transaction size. Sell a two million dollar thing, five million dollar thing, 10 million dollar thing. Then you can also be a millionaire.

Scale and magnitude together create billionaires. You retrace the source of millionaire money and you will find millions of something. To make it simple and short, you want to make millions, impact millions. It’s very simple. You’re not making the money that you want? Look at how many people you’re impacting. Just look at the results. If you’re working for a boss, you have a job. You’re impacting that one person, you’re working for that one person, which limits how much value you deliver in a marketplace. Tough to be a millionaire doing that, yes? As a businessman. If you’re providing a service, you’re only working with. Unless you have a lot of magnitudes, charge a lot of money, then it’s tough to be a millionaire.

You think in terms of you sell something, you sell to millions of people. Yes, that’s how you get there. So retrace the source of millionaire money and you’ll find millions of something. Forget the law of attraction, the law of affection. The law of what? Affection. How many people do you affect states the more lives you affect in an entity that you control in scale or in magnitude. The richer you will become. The law of affection. See if you have something that is impacting millions of people.

You could have a negative attitude. You will make millions. Are there people making millions that’s an absolute jerk. Anybody answer question. Are there people making millions they’re the nicest people you have ever met? Money does not care. Money doesn’t have a conscience. It doesn’t have a good one. You’re a bad person, I’m not gonna let you have me. Or you’re a good person, I’m gonna let you have some more. There are some of the nicest, kindest people that I know, completely broke. There are also people who are very, very kind, very nice, very rich. It’s nothing to do with each other, mmkay? Law of affection.

Before I go into that, it takes two minutes. How long?  Two minutes. Discuss the first two principles. The first one, and the second one. Okay? Go. “I Know You Want Me (Calle Ocho)” by Pitbull Shake their hand and say “thank you for sharing” please. So share with me, just yell out the answer a-ha moments. What it means to you just the first two principles. What it means for you. I guess for me, understanding that money is a circulation- – Circulation. It’s like circulation so it helps with my investment buying. Say the only way I’m going to make money is if I give it, and, yeah, that’s just how I understand it.

Sometimes you think about it with the economy which causes an economic downturn. It’s a lack of- what? A lack of circulation. You hear it from the government. If you want to help the economy from the U.S. You want to help the economy, go out there you- spend. Circulate. Circulate. Now am I saying you don’t want to save any money? No. You gotta go through that stage. When you save enough, you want to invest, you want to multiply, but first you gotta master making it. You’re good at it. Maybe for some of you, it’s difficult to believe. Making it is actually pretty damn easy.

If you’re actually good just take my word, making it once you get how it works. Most of the time, making it is a function of sales and marketing. You’re good at sales and marketing? Money comes. Keeping it and multiplying it is way harder. Way, way harder. Way harder. Earl knows. Go to the mike man, you gotta share your story. Give Earl a round of clapping. Give like a one minute version of it.

What the hell happened. Hi guys, my name is Earl Hi Earl. So, the quick story- if you want the longer version, I’m doing a longer version on the 23rd. I tell the story of how I made a bunch of money so I made a 40 million dollar empire. And then I fucked up and I lost it all. 2008 hit me more than it hit lots of other people. And yeah, now I’m rebuilding stuff. And actually, it’s funny.

One of those things you talked about number three, right, not worthy- it’s funny, I sent you an email. This is almost a year ago, and I was in that stage not feeling, not worthy- right. I mean I made a million bucks, it’s easy to do. Actually the funny thing is, Dan picked me up. He said, you don’t have to hit a certain level to work with me again. It wasn’t a question of worthiness. You’re my friend, I want to help you anyway, let’s do this. And, the funny thing is when I finally decided to get off my ass, 60 days, six figures. Six months, seven figures.

I report back to Dan every week “hey this is what I’m doing” and the first couple updates were sexy. “hey look at this, look at this, look at this” the last couple updates, not sexy but consistent action. Right, but that’s it. You can make it. Making it is stupidly easy. I actually stopped selling and I’m making more sales now than I was when I was selling. So, the sales and marketing function? Yeah, 100 percent. But keeping it is a bitch. I like that quote, “Making it is easy, keeping it is a bitch.” that’s really, you’re writing this down? That’s good. Put that on Facebook. I like that. Tweet that. Ten times your finances, your business and your marketing. Ten times your life. Hit the subscribe button now.


Millionaire mindset wealth principle

Millionaire mindset wealth principle number two: Think needs, not money. Please say it together. Think needs not money. If you chase money, it’s very difficult to get money. Chase needs. It’s easy to make money. Think needs, not money. Here’s a little interesting cartoon. The hundred dollar bill having a conversation with a $1 bill. The hundred dollar bill said, “You know, I had a good life. Nice house, fast cars, great vacations, and expensive restaurants. The $1 bill said, “All I ever did was to go to church, go to church, and go to church.” A hundred dollar bill said, “What’s a church?” What’s a church. You wanna give, you wanna donate to charity, you wanna give to your church, whatever religions you believe in.

Make more so you can give more, everybody putting a couple of dollars in the damn hat. What if you could make enough money. You could donate more money than the whole damn church together? Hmm? Think about it. The impact that you’ll have. Here’s a great statement by the wife – it’s a little bit long, but I’ll read it to you.

It’s by the wife of Elon Musk. How many have heard of Elon Musk? Yeah. So Elon Musk, and one guy was asking: Hey, you know, what does it take if I work hard enough, if I put effort into it. Can I become a millionaire too? I really want to become, no, a billionaire. She said: Can I become a billionaire if I work hard enough and put my effort and work hard for it? And here’s what she replied, she offered some advice: Shift your focus away from what you want, a billion dollars, and get deeply, intensely curious about what the world wants and needs.

Ask yourself what you have the potential to offer that is so unique and compelling and helpful that no computer could replace you. No one could outsource you, no one could steal your product and make it better and then club you into oblivion. Not literally, then develop that potential, choose one thing, How many things? One thing. And become a master of it. Choose a second thing and become a master of that. When you become a master of two worlds say, engineering and business.

You can bring them together in a way that will introduce hot ideas to each other. So they can have idea sex and make idea babies that no one else has seen before. And B, create competitive advantage because you can move between the worlds, speak both languages, connect the tribes, mash the elements to spark fresh. Creative insight until you wake up with that changes your life. The world doesn’t throw a billion dollars at a person because the person wants it or works so hard they feel they deserve it. The world does not care. What’s the word?  Care. The world does not care what you want or deserve. The world gives you money in exchange for something it perceives to be of equal or greater value.

Something that transforms an aspect of the culture, reworks a familiar story or introduce a new one, alters the way people think about the category. And make use of it in daily life. There’s no road map, no blueprint for this. A lot of people will give you a lot of advice and most of it will be bad. And a lot of it will be good and sound, but you will have to figure out how it doesn’t apply to you because you are coming from an unexpected angle. You will be doing it alone until you develop the charisma and credibility to attract the talent you need to come with you. Have courage, you will need it. And good luck, you will need that too.” A round of applause. That’s one smart wife. That pretty much sums it all.

That just pretty much – When I read that article, I’m like, like It is so good. It is like, wow. Like, woo! My goodness. Imagine if that’s how smart the wife is, Elon Musk, my goodness. There’s a saying behind every successful man is a smarter wife. It’s very true. It’s very true. How many of you are have heard of “The Secret”? How many have read “The Secret”? What was this secret about? Love’s the secret. Law of attraction, yes?

Law of attraction. So, here’s what the law of attraction says: “You become what you think and your conscious thoughts make your reality.” Right? You become what you think about. That’s what the law of attraction talks about. I had a roommate that read this book. – Yes. And she thought that you just said to think and not do anything. – Yes. And good things will come for her. Yes, you just have to think and not have to do anything and good things will come to you, right. That’s how she explains it. That’s it.

You see, how many of you have heard of Think and Grow Rich? How many have not heard of Think and Grow Rich? Go read it. Okay. – Okay, by Napoleon Hill. Notice that the title, say it together Think- Not visualize and grow rich. Not sit around and do nothing and grow rich. Not hope and grow rich. It’s think. People think it terms of, “Oh, I just think hard enough.” That’s not what the book is about.

The book is talking about intellect, being smart, being focused. That’s what the book is about. People misread “Oh think, alright I just need to think. Don’t need to do shit, I just think.” A lot of thinking gets you nothing. Nothing. And there’s a great book that I also like, The Millionaire Fastlane by MJ DeMarco. And there are so many philosophies within the book that I resonate with, kind of similar to my book, F.U. Money.


How millionaires invest and manage their money differently

How millionaires invest and manage their money differently. This is the first time I am doing a workshop or a meeting on how to invest and manage your money. I’ve been doing this for almost two years now and I’ve been always talking about how to make money. How to close sales, how to do lead generation, how to do positioning, how to do marketing. All these things and this is the first time that I do it because a few months ago I did a survey for our members. And I gave them a list of topics that they want to learn and they say. “you know what, one of the topics that we want to learn Dan, it’s how to manage our money.” And that’s interesting because this is something I love to talk about but I wasn’t sure if the group is ready for it.

Now, just before the workshop that I got a few e-mails from our members. They’re saying “you know what Dan? I’m struggling with money or I’m still learning how to make money. Or I don’t have any money to manage, so, you know, this workshop ain’t for me.” And there lies the first fucking problem. It’s like this, it’s absolutely stupid. It’s like saying I’ll exercise when I’m fit. You don’t wait till you’re fit and then you exercise. You exercise to get fit. So, if you don’t have any money right now you don’t wait till I’ll make more money. Then I’ll learn to manage it.

The very fact you don’t have a lot to manage right now shows you don’t know how to manage it. It’s very simple. So, it’s not that you wait till you have money, then you do it. It’s that along the way, as you make money. You have to learn how to manage it. If you making 5,000 a month and you can’t manage 5,000. What makes you think you can manage 50,000 a month? What makes you think you can manage half a million a month? You can’t even manage the five grand that you have and that’s how it works. Money is attracted to people who know how to multiply. Write it down.

Money is attracted to people who know how to multiply. That’s why the rich get richer. Has nothing to do with opportunity. It’s for them, it’s not for others. It’s not about that. It’s because they have the skillset to multiply and money’s attracted to that. And that’s why they grow their wealth at a very rapid pace. So let me share something with you of my own, kind of, financial journey, okay? Now I’ve not always been financially successful. I once struggled, just like most people from month to month. Living, kind of, paycheck to paycheck and trying to make ends meet.

The lowest point of my life I remember back then when I had no money. And at the time I was living with my mom in Surrey in a one-bedroom apartment. That we rent and my mom and I would go to the. There’s a bakery near my house about the ten-minute drive and once a week, we’ll go there around six PM. Now, the bakery closes at seven PM. You know why I go at six PM? Yep, because you can get a load of bread for just a few dollars and my mom and I would buy that load of bread and we ate that for breakfast. We ate that for lunch for the entire week and my mom and I would go to the store, SuperStore, the grocery store. And we would go to, not the vegetable fruit section, we would go to the corner where they have the almost expired food.

How many know what I’m talking about? Yep, we buy groceries like that. So I know what it’s like not to have money. I know that. We had, I had multiple credit cards all maxed out. Trying to max out this one and do cash withdrawal. Trying to make the minimum payment on that one and then that one is maxed out. And try to get another card and that one is maxed out. I know that. Through my business failure, at one point I was 150,000 dollars in debt. 150,000 dollars in debt. So, when I first started making more money as I turned my life around. I often lived beyond my means and on many occasions, just spent, just spent money and struggled to pay bills on time.

Now, although, on the surface based on my lifestyle, driving a nice car. I was spending money and I was going on vacation and buying my friend’s dinner and all that stuff, to be doing quite well. But the reality is I was spending so much time worrying about money and my financial situation. Now, why, and when I first started making money, why did I feel the need to spend it because, when I had no money, I had no self-control. I had no friends, so as I make more money. I thought if I’m buying my friends dinner, by treating them well, by taking them on vacations, that, gets what, I get what? What? Friends, attention, makes me feel good. Yeah, maybe a little bit even love, right? Just get some attention for me.

I thought that’s what you do to friends. Now, let me ask you a question. If my friends are friends with me because I buy them stuff, are they true friends? No, they’re not true friends because true friends are with you no matter what. It doesn’t matter how much money you have. I learned that lesson because when I stopped buying them stuff, they stopped showing up, right? So maybe there’s something wrong with my personality. So, in my twenties, I had focused most of my energy and time knowing how to make more money. Now, here’s the key.

I had to believe that, which I now know to be false, that I could just make more money. Everything would work out. Now, put up your hand, how many of you are very good at sales and marketing and making money. It’s relatively easy for you? Just put up your hand. You’re good at making it, okay? Same thing with me. I thought, oh, easy, I can make another sale. I can do more marketing, generate more leads, close another sale. I can make money. Nah, no problem, I can always make more. I can always make more. And I came to realize that that just wasn’t true.