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Dan Lok Show

How To Go From 6 Figures To 7 Figures In Business

Dan Lok Show

Dan Lok

Entrepreneurship, Careers, Management, Business

4.9825 Ratings

🗓️ 3 July 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

You reached 6 figures but now you are stuck? Want to break the 4-minute mile and get your business into the 7 figure range? In this video Dan recently consulted a fellow business owner on how to go from a 6 to 7 figure business. All it took were these key three insider strategies.

Transcript

Click on a timestamp to play from that location

0:00.0

I had a client of mine who recently bought a little insurance brokerage business in New Zealand

0:19.6

and wanted me to consult with him

0:22.6

on how to take this business that he just bought

0:25.6

to the next level.

0:26.6

How do you go from that six figures

0:28.6

to a seven figure business?

0:30.6

How do you break through that million dollar mark?

0:33.6

I don't do a lot of consulting,

0:35.6

but from time to time when I see an interesting business,

0:39.3

when I see an entrepreneur who would benefit from my advice, I do a little bit of it.

0:46.3

So he came to me with this business and after I review the business, what is going on

0:52.3

within the business that he bought. also one of some of the potential opportunities

0:58.1

that we could tap into that he may not realize.

1:01.9

I gave him three strategies on how to grow his business,

1:06.5

a six-figure insurance brokerage business

1:09.4

to a seven-figure business. And his biggest profit generator is life insurance.

1:15.1

Now, life insurance, it is not something that you and I wake up in the morning and say,

1:19.9

hey, you know what, today's such a beautiful day, let me buy some life insurance.

1:24.9

It's not something that most people are excited to buying. It's not something that

1:29.9

most people think about buying unless something, unfortunately, tragedy happened to them in the past,

1:36.6

and now they're more aware, okay, maybe I do need some protections. I need some, I need an insurance

1:41.9

policy for my family.

...

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