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Dan Lok Show

How (NOT) To Make A Business Partnership Work

Dan Lok Show

Dan Lok

Careers, Management, Entrepreneurship, Business

4.8826 Ratings

🗓️ 30 June 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

He scammed me. Then blackmailed me. Then I lost everything.

Most entrepreneurs never talk about the emotional price of bad partnerships. I’ve lived through it — twice. And just when I swore I’d never partner again... the deal of a lifetime changed everything. Here's how I learned the hard way who to trust in business — and who to run from.


Transcript

Click on a timestamp to play from that location

0:00.0

So I want to share a story with you. As many dragons know, right, I started NFL at fail at 13 businesses right before I have

0:21.8

having my first success so one of those early year businesses was like one of

0:26.8

my friend recruited me into a network marketing company and I would I was

0:31.0

living in the in a in a condo with my mom one-bedroom apartment and I would go

0:37.3

up and down the condo and I would

0:39.4

pray now hey do you want to buy these board of a mine mine and then sleep under people's

0:43.9

door and then I got a call one day from a gentleman said hey I got your business card here

0:49.8

I live in the same building like what do you do oh do? Oh, I thought, I got a customer here.

0:54.7

This is so great, right?

0:56.1

I said, well, that's interesting.

0:57.0

Why don't you come to my home and we'll talk?

0:59.2

I said, okay, let's talk.

1:00.7

So I went to his house and I was getting ready

1:03.7

for my presentation and all this stuff, right?

1:06.6

And after about two, like, you know,

1:08.6

maybe five, 10 minutes in the conversation, he flipped the table and said, you know, you're doing this network marketing thing.

1:14.0

I mean, how much are you making?

1:16.0

Just getting started.

1:17.2

I wasn't mind making anything.

1:18.9

But if you tell two people and you tell two other people and you tell two other people and you tell two other people,

1:24.4

you will make this much money, right?

1:26.8

It was a horrible pitch.

...

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