What To Do When Your Business Is Failing

What do you do when your business is failing? In this video, Dan Lok reveals his secrets to save a failing business. He's failed many, many businesses and now he's started many successful businesses. You'll discover 3 powerful ideas and what to focus on to save a failing business. Watch this video to discover what to do when your business is failing.

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This video is about What To Do When Your Business Is Failing

[DanLok]

What was your biggest takeaway from
my video? Comment below.

Also, you can comment any questions
you have for me.

I might feature your question
in one of my next videos.

Don’t forget. Like. Comment. And subscribe.

[thetruthbetweenthelines]

It's well-known that multimillionaires failed multiple times before they experience success. More than that, they go to 1 million+ and back to zero a few times before succeeding. We need to understand this is a game of patience and acquiring skills. One failure won't define you and one win will not make you rich forever.

[arielluria]

1.Ensure you have a positive variable contribution.
2.Cut costs
3.Prioritise your payables.
4.Plan your cash flow carefully.
5.Communicate with creditors.

[MotiveVideoBook]

Powerful . "It's not the thing, it's the thing that sells the thing." Thank you Dan, you're awesome.

[gowithten]

Powerful Lessons Leraned Sifu.

1. Focus on Cutting Expenses
2. Focus on sale
3. Focus on learning

Thank you

[RUNNINGWATER]

Sifu thank you for this video. As a leader of my own organization, myself: 3 things to do to turn back organization: 1.) cut down expenses 2.) focus sales sales sales 3.) learning what don’t I know that will support me in tasks required to sales

[betterday]

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!

[ABEL-cdsp]

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

[midwestkoreantranslation]

Dan, I am a Korean interpreter and own a business. I have been watching you for the past couple of months and have benefited so much by watching your videos and actually applying the material. I came across this video at the right time, as I am currently going through some financial challenges that I am determined to overcome. Best of luck and keep producing.


Robert

[localowcountry]

As a former corporate sales trainer, I wish I had discovered your work several years ago. You have a great style and present a nice mix of classic proven psychological techniques, as well as add a modern understanding of today's business climate and demands. Excellent channel Dan! Anyone interested in becoming a better closer should pay attention. Thank you for what you have shared with us.

[ktownlee]

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!

[OLIVEROC]

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

[hectormongezi]

I learned that the first step of business is to improve my high incomes skills, before diving into the deep end.

[ruthwhite]

I am learning the most from you then any other entrepreneur, I am blessed I found you

[xbitswitzerland]

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.

[kales]

this content is absolutely insane 11/10 can't thank Dan enough for creating this

[RachelSLee]

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!

[scottytoorottie]

"Focus on learning" is one of the simplest but smartest and most important things people need to hear and understand. For all successful ventures across the board.

[wingchung]

Thank for sharing those with us Sifu. God bless you, your family and your great team. George from Greece.

[michalpeterizeboud]

Congratulations on hitting 800K. You have inspired me and altered the way I think. Cannot wait for the future. #watchthisspace