Why College Degrees Are Worthless - Successful Coaching & Consulting Secrets Ep.10

[@DanLok]

Enjoyed the video? Subscribe, Give it a Thumbs Up and Comment Below. (I actually read EVERY single legit comment from my loyal fans) Don't like the video? If you would be so kind as to FUCK OFF, it would be very much appreciated. You don't have to watch any of My videos.

[@DanLok]

Well done

[@adler9213]

0:28 What does that glass cube on the left stand for Dan Lok? just curious to nice desk and shelve figures you have..

[@kylefan8478]

Dan I have a question for you, do you believe that people should simply not go to college and learn what you need independently, or do you believe that people should evaluate college as an investment; time and money to develop a skillset that you need or at least believe you need to be successful in whatever field you choose? For example I believe business degrees to be crap, I say that because I feel like learning 'business' in an academic setting is like trying to learn how to play a sport in a lecture hall, it doesn't work, but what about something like Engineering or Science? Assuming that this is what you want to do, is it not preferable that a person should then go to college with the mindset that you are going there to develop a skillset in order to create superior value than can be done without that skillset? For example the hedge fund manager Jim Simons, he's an extremely accomplished mathematician who ended up using that skillset to develop his investment business and build a net worth >$20 Billion.

[@gintakami1759]

Dan Lok thank you sifu

[@oSJmee]

For the future, less stuff on a PowerPoint sheet. The rest is good :)

[@vivek5578]

Self esteem is the most important thing in any job, thats what I learned. If you don't respect yourself, how can you demand respect from others for your work and time?

[@DanLok]

Well said Flaerie

[@Jonotheproducer]

I've seen many people glorify college degrees, but not many of them have a glorious life. I've always believed that there has to be more to life than just getting a degree. I am enjoying your videos. Thank you!

[@DanLok]

My pleasure Jono.

[@Legendaryhutch]

This video is so true, having a degree means nothing, thank God I wasn't persuased by the masses to follow that footstep. I have learned alot from this video to apply to my life.

[@DanLok]

Well done. Don't follow the masses

[@zionprevails5855]

Damn, Dan dropped some real knowledge here. I went to a four year college and was still left unfulfilled so I quit my 9-5 job, started learning how to sell on Amazon, and never looked back.

[@DanLok]

Well done. Do whatever the fuck it takes

[@a.g.hustlegarland4197]

How's your Amazon business going now?

[@oceanwonders]

Studied enough finance and personal development to know how much value was delivered in this video. Unbelievable. To the editor: THANK YOU for 17:45!!! Priceless.

[@dh1163]

Dan Lok is awesome! "Massive Bank Account" is one of the best lines I've ever heard. As an entrepreneur, I enjoy what I do and have always had a few irons in the fire. I will say this about education: If you don't pick up skills in college that serve you for the rest of your life, it is THEN that you wasted your $. Part of the pursuit of higher education is to foster a mindset that transforms you; it's also to expose you to the finer points of disciplines that are of interest to you, develop spheres of influence among peers and share ideas. The real issue with college for the past couple of decades is that far too many "students" aren't there to learn anything. They're only there for the paper, so they game the system, cut corners, graduate and become useful idiots who eventually fall victim to the Peter Principle in whatever profession they fall into. Laziness has created a false standard. Granted, the K-12 education system as a whole is basically crap in the U.S It is set up to indoctrinate - teaching "what" to think as opposed to "how." True, if educators wanted to turn out masses of thinking individuals they would start by teaching logic in grade school.

[@DanLok]

Great insight.

[@mornieluvyac8527]

Colleges/ Universities are a form of businesses.

[@vamantshalintshali1885]

U made me believe in myself, u made me feel like I was doing d ryt thing all along

[@miquettedobros7273]

"You can not charge them effort" - adding this to my mindset. Thanks Dan

[@jayjalloh3631]

This lesson is very important to me; I've been shy for years because I thought I might fail my client if I charge them a high amount. It turns out that they fail because of product quality. You saved me once again, Sifu Dan!

[@Sred97]

Hi, Dan. Good morning from San Diego! As a recent subscriber, I couldn’t have found your content at a more pivotal time in my life. My perspective on money, and business has changed drastically after reading “F.U. Money” I’m 20 years old, working as a janitor at the very beginning of my life dealing with money issues. Self esteem is a very powerful message I got from this today. . I look forward to sharing my progress in learning & business with you in the future. Wishing you and your team a great day.

[@DanLok]

Good Adan

[@Steve-bg4gs]

Can we make friend

[@marioronci5338]

this is it, this is the video, that have removed all the blockages and objections I had to experience in my industry. Also I've always been scared to go up to ceos at business event for my industry because they are more successful than me but you've cleared this now, they are no different than me, Thank you Sifu

[@DanLok]

Work hard Mario. You can do this

[@theguy12322]

College degrees Aren’t a level of success it’s a bill.

[@DanLok]

That's right.

[@AzVonAzathoth]

People dont care about certifications, about my experiences. If i am only one step ahead i can do it. Well i am going to go get paid helping people exercize. Thanks for the Aha moment Sifu! I can finally get started!

[@henryvonmatt]

Dan I absolutely love how you have the balls to swear in your videos, barely no one else does that anymore on youtube bc. of demonetization. it helps getting your point across very much, not kidding. please dont stop doing that.

[@docpringle5741]

When I was younger, I never dared to use any swearing word, in any context. I was just too polite, too educated into fitting in the system, and you know, good people don't swear. It's only in my graduate studies (I know right - thankfully it wasn't too expensive in my country) that I came to acknowledge that, whether people swear or not it just does not matter. Actually, I see it now, so many things in society's ideals on what you should do not only don't matter, but lead to a poor life someone else wants for you. Only personal fulfillment, and actions leading to results do. So I interpret that as just fucking liberating. Fun thing, assuming about $1 missed monetization per 1000 views (best grosstimation I could find so far), with around 37M total views on Dan's channel, that's about 37k$. After 4 YEARS of work growing this channel. For high quality videos. (heck, what an incredible density of actual valuable, *concrete* knowledge in these!) No wonder he swears lol! Which makes me think Dan is really generous making this gold mine free for all to pick into. Or maybe it's part of that "PMP" concept I've heard in another video (still new to this channel). Or perhaps both :)

[@Sammy-fl6du]

Im a dropout because people bullied me and family problems, but now I feel more motivated then ever! I will show them what I'm worth! And I do study now (cybersecurity at school and businesses / marketing etc at home as a hobby). People whatever happends! Never give up!

[@DanLok]

Good Sammy. Never give up.

[@SAMARPAN54VLOG]

Hey, How are you now?? How's life going😊😊

[@nkunacoin572]

man i'll be honest with you , ever since i've subscribed with you im getting quality content everyday , you have no idea how much we appreciate your videos everyday.. please never stop doing the good job we salute you cheers from South Africa

[@DanLok]

Thank you Nkuna

[@eandatoo]

I understand about trying to do business with low income customers. They're so uptight about pinching every penny. They try to negotiate and devalue every step along the way. I've always loved affluent and commercial customers. They understand that their time is more valuable and hiring you helps them make money.

[@DanLok]

You got it

[@marssaviour3469]

Dan you just confirmed what I've been feeling for a long time. so this feeling that am wasting my time in college is actually for real...

[@DanLok]

That's right

[@ashsqx3246]

exactly.. they are making money off your college fees thats all. thanks for brutal honesty.

[@DanLok]

Exactly

[@garyliu4230]

Love it Sifu! Instead of going to university to get their "MBA (Masters Degree)" I want my "MBA (Massive Bank Account)". This is exactly the reason why I never went after my Masters for Accounting, I didn't even get the CPA either. I find that the stress level for the pay is not worth my time, hence why I have chosen HTC.

[@irenec840]

I needed this. For the longest time, I always restricted myself that, "I am too young.", "I don't have enough experience.", and "I don't have the degree." DAMN! IT'S ALL IN MY HEAD. I was the only person saying no to myself.

[@lucaslopes1260]

I just found your channel this week and I'm loving it! I'm broke AF, trying to sell a product that actually could help a lot of people in ways they can't imagine, but they don't know it and they don't want to know. I just found out how a poor client acts the hard way. They haggle, nitpick and the kind of stuff you said in the video. I guess the secret is finding the right kind of client, and only then, how to sell to them.

[@stephennjuguna2469]

Wow, wow.. This is crazily true. It's shocking how mindset, the feeling of being valuable can transform one. Work from a higher self n you will dominate

[@DanLok]

That's right Stephen

[@Maya-dj1kr]

the self-worth and self-image is so crucial and thank you for reminding us that we define it ! love all your videos

[@Gears2Game]

I have just stumbled upon your videos randomly. and you are on point, It gave me that extra push on pursuing success on my business. I am not trying to be a consultant like you do.but the things I learned from all your videos on the reality of life and business is exactly true. Everybody needs to asses the value that they can add to the business or to someone. it's not about experience or credentials. your value is way up. and sharing it with someone like me and others. is gold. thank you!

[@BboyDaquack]

School isn't all bad if u apply yourself. Engineering school taught me how to focus and solve problems. Think logically and critically. I can apply that knowledge elseware. Like Dan says. I've invested in myself and gained a new skill.

[@izaksnow762]

I myself have always questioned the wisdom in going to college to get a job and make "decent money". I new that there must be a better way spend my valuable time instead of wasting it in college personally. The important lesson I learned from this video is that we definitely should allays question what everybody says you should do with your life essentially.

[@greatnessworld9938]

So true, the one take away I know from experience is that people just want you to solve their problem. that's it. they never ask for degrees or certifications.

[@christoffbaker8052]

I learn to stop fucking have low self esteem because to be honest suffered a lot from that because am college drop out. So thank man!

[@DanLok]

Well done Christoff

[@arindasam4544]

I am defending my masters degree in Electrical engineering thesis and I am here ！ Hope I make it, I just wanna feel good and confident

[@michaelallen4319]

Best deals I ever made were when I felt like I was the authority, no doubt, no wavering just supreme confidence. Any time the customer became the authority it always turned out badly.... There is a lot to be said for self image and confidence... Great video Dan

[@mayahawthorne913]

I have been so stuck and watching this course has gotten so many mental blocks out of my way. This is gold

[@bradleysmith681]

Good points.. Mohammed Ali was the greatest boxer. His coach could not beat him in a fight, but the coach had knowledge and wisdom that Ali did not.. Same concept. Don't worry if your client has achieved more; just give the client needed value..

[@thedocumentary7239]

On the topic of lack of self esteem. The cycle you mentioned is a great wake up call. I’m going to use this too push myself beyond my mental restraints and believe myself.

[@cosmicbalancer5084]

This message feels true. It all comes down to desire, confidence and breaking old paradigms.

[@DanLok]

That's right

[@dsidestroyer]

Confidence and tenacity is needed to get to whoever got my money. Your a boss Dan

[@thapeloseema5901]

I appreciate how you simply the difference between how the rich do things/run their lives I am learning to be brave and face challenges with an open mind I love it brother.

[@DanLok]

Good Thapelo. Face challenges with an open mind.

[@BrentShambaugh]

Think and grow rich. Thanks Dan for helping me deal with the garbage in my mind. I know I am not valuing myself enough, and I know I am not operating at my potential.

[@BrentShambaugh]

If I asked you a question, it would need to be very short and concise. That is a good thing, as not doing so is a weakness and may have actually costed me a lot of potential money. I will work to stay focused like a laser.

[@DanLok]

Excellent Brent. You're getting it.

[@CrescentSword]

That might apply to Sales? Otherwise, you will need demonstrable resources to establish value. Licensure, Intellectual, or a record of competency. The market then determines your rates to be feasible. Wal-Mart is a global enterprise with a functional business model. Everyone is fighting to supply their shelves.

[@DanLok]

Show them your results

[@msjacquelinesisnuniflavors1153]

Appreciate your time and experience Dan. In this particular video the truth of what one can demonstrate and do for the client to solve their issues. Also sell to people that have the money to spend and change the mindset of must have a degree or certifications to make money.

[@alicezheng8395]

Yes,sell up people can make money easily and stable,sell down people,money is really hard to get and feel headache

[@1zanewhite]

My wife and I watched this together and agree 100%. Thank you, Sifu.

[@DanLok]

Well done Zane. Get your spouse involved

[@viralsoni1151]

Zane White what is this sifu thing?

[@mr.simulator4724]

lmgtfy.com/?q=Sifu

[@xMxYGaming]

Viral Soni it means master

[@Steve-bg4gs]

Do u wanna swing

[@coleenpowell]

I appreciate your videos a great deal. They have helped me to see things I wasn't aware of before and I can feel these barriers to my business growth effortlessly falling and completely disappearing. You give excellent advice that affects mindset and business. Please keep up the great work, Sir!

[@oscarlampard8289]

I have been going to school for 12 years and just realised I do not need this SHIT! THANK YOU DAN LOK

[@willywijaya3471]

I love how you always put proper English subtitle in all of your video

[@fdesa12]

College degrees are only worth it if you know how to leverage it and/or have career plans that legally require it (i.e. doctor or pharmacist). Don't get a college degree just because it will look good. Get it if you KNOW it will work for you. And even then, have a side-hustle and a high-income skill ready to help you.

[@krztix]

how do you approach big guys and businesses in for example IT-consulting? Because if you start off from the beginning you don't really have any contacts How did you do it when you started your businesses Dan? What did you focus on first and most of the time?

[@fabianbyer6146]

Very true Sifu. As a general dentist, have rarely been asked about my education. Keep the inspiring videos coming.

[@DanLok]

More videos are coming soon Fabian

[@computerfastrepair]

Dan Lok dan do the rich work even if theyre sick? i hav a headache.

[@cfb3797]

Thank you, Dan. This is my favorite video yet.

[@arcangel5598]

You are building my confidence... I can feel it surging... I can see beyond the horizon... I see no limitation...

[@TheGoldenVagabond]

I'll stop NOW searching fro credentials and start NOW to use hat I already know to SERVE people, more people possible. AND I will raise my ticket!

[@shrikantbadge3978]

Aammazing Mr Dan ammazzing. Loved and commit to implement ur precious lessons.

[@mallikgraphics.masculinity]

Great Advice there Dan Lok. To me High School Level is Enough for me, I went to college for 3 Years Just to make the society happy. You are my biggest icon and mentor. Mallik here from Kenya

[@DanLok]

Do what makes you happy Kevin

[@mallikgraphics.masculinity]

Yes, Thank You Dan Lok. All appreciated.

[@satyajeetmishra1]

English is my second language, I can't understand properly but I'm still trying to understand. Learn a lot thank you sifu👏

[@chriss4365]

So many are brainwashed in high school to go to college. I want those stacks of cash, college wont get you that.

[@DanLok]

That's right Chriss.

[@chrisanderson5134]

They dont man! I've pretty much forgot everthing taught in High School and College. Learning a skill and marketing is where its at, the real world does'nt care about your degree.

[@chriss4365]

All we need in life we learn in elementary school reading writing and basic math. I haven't done algebra since high school way back in 2006.

[@pluu9]

I love your style, keep it realistic and no bullshit.

[@cdcVintage]

Average college degree will cost you over $12 per hour, out of your work wages. It's 2019 and the return on investment is just not there with what jobs are paying now.

[@teddywang86]

YOU JUST NEED TO BE ONE STEP AHEAD OF YOUR CLIENT. DON'T SELL TO POOR PEOPLE. MAKE THE MONEY, AND GIVE IT TO THEM.

[@lifetimelearner4330]

Woah! I really need to watch this everyday to make myself more confident

[@nepz2010]

My parents are very inclined in the traditional way where they want me to finish college and take those public service exams. I don't want to work for people's bullshit and get paid like $400 a month (here in my country). No good. Now I want to learn how to sell stuff to people instead of waiting to graduate and earn a few bucks by sitting in a desk for like 8 hours. Subscribed. Thanks Dan.

[@BadIntent]

Wow. Buying into this mentality to change some of my scripts now. Well said. It's all about solving people's problems and answering their questions straight up. Extra credentials are fluff. This applies to so much in life. Really learning a lot about becoming a better communicator and upping my own content from these.

[@DanLok]

Excellent.

[@reginamalabad1993]

Thank you Dan for generously sharing your knowledge! I learned a lot!

[@oneeightylife2912]

It all boils down to the learned skill of confidence.

[@jochurt27]

Education is limiting people's beliefs and only putting you in a box... Think out of the box, take the off the glasses and follow your heart...

[@vappole]

I love your razor-sharp clarity. It resonates with a deeper truth.

[@DanLok]

Thank you Vappole

[@SandorFekete]

Dan's videos are fucking amazing! I simply can't get enough of them. They are straight and to the point, no bullshit, in your face hard hitting truths. This is someone I want to a have a drink with!

[@curts7801]

That rainbow at the end was freaking magical. Just... magical!

[@midnightsnack1306]

I agree don't go into medicine for only the money. As we all know there are better and faster paths. Also in my experience most doctors who become doctors for mainly he wealth and status are slime balls and not very good with their practice.

[@shellshock10]

Depends on what you study, I agree Experience is worth more than a piece of paper, but if you have both, even better.

[@cherbelle93]

So much reminders in this video Sifu! Definitely putting on my daily to watch list when I Danflix and grow rich!

[@vuxury6086]

Dan lok my country really needs someone like u every time i go out and see nothing special and interesting and not so many places to go and that’s really breaks my heart i wanna do something for it like i can’t just wait for another one to do it or the government cause its like they don’t do anything just pushes people to be an employee and be slave to them and I’ve even thinked we have a lot and alot of gas in our country that can make people live in castles and i don’t know how they sell it so cheap i means they don’t know how to sell they are so idiot i can’t Just Do nothing wish me luck.

[@TheFinancialAdvocacyPodcast]

There is only one reason why someone might ask if you have any credentials: They don't TRUST you enough yet, and they are looking to mentally "decrease their risk" of working with you. I have "ChFC" after my name because I was in a banking environment and wanted to advance my career in financial advising. (It stands for "Constantly Having to Find Commissions".) It's the only credential I have (and I'm glad I have it). But no one calls me because of "ChFC". I may get another one or two credentials... but not because "I need it", but purely if I want them.

[@DanLok]

Exactly David

[@reed3749]

That's why I drop out in college to start my own business.

[@ralcool5932]

Guilty of underselling myself.. you want to give until it hurts- until you need to eat too.

[@SADEKELLY_]

This talk was incredible! Time to reposition who I’m targeting. Thanks for this! So much knowledge shared.

[@mirceastan94]

For the most part, you are right, I have many acquaintances/colleges that went to a useless college, especially in these management fields where a degree helps you with ... nothing. What I find horrible is that in many "1st world" countries you also have to pay a lot of money for college, which throws so many people in debt as a result. At the very least in Romania it's free for the most part, and chances are, that in medicine or even in computer science, a degree helps you big time in landing a better job, from which you can gain valuable experience before building your business with what you are supposed to learn while developing yourself on this 9 to 5 period. In fact, if you love what you do, you may even get some money for your good results. I personally won about 4000$ at my college and a job at a corporation which is not so bad as a start. If you never plan to become a 9-to-5'er, however, there is obviously no point in getting a degree, no matter the subject that you study. Considering how many resources you can find online/on books/from people nowadays, a college can never outpace a well structured learning discipline no matter what and that's a fact, only when you realise that this "one fit for all" system can not end up with greatness on the students side.

[@danotieno8249]

this is awesome....this dude just gave me a different definition of success..

[@DanLok]

Good Dan. Nice name

[@victorianoroque4983]

most golden video thus far on the channel, thank you dan my favorite part is 8min & the ending

[@DanLok]

Thank you Victoriano

[@hbc511]

Dan. You are the man.

[@davidokongor758]

God sent message. The missing piece of my start up

[@RonioFOX]

I discovered that when I Saw that most of the rich guys i Saw didn't have a Lot of normal education like us poor guys...

[@vincentmichael499]

OmG thank you so much Dan, just halfway in, you answered most of my questions.

[@juliencharlesmakoube6543]

I like the lessons and i will indeed put it to work.I really don't like school but i am alteady a university graduate

[@NewNoise1]

What I learned from you is that people care about results nothing else

[@elaraby.mirati613]

Damn! this vid is fucking great dude. Superb level of intelligence.

[@DanLok]

Thank you

[@afreenmulla8547]

Best video ..ton of knowledge ..love from india ...I'm gonna apply this knowledge from today itself..thanks Dan ..

[@Xyz123Etc..]

Dan Lok, you’re truly outstanding!

[@DanLok]

Thank you James

[@Sureshkumar-jg1er]

Gr8 DAN. Honestly speaking after robert kiyosaki you are the next Guru in india who are want to make money.

[@DanLok]

Thank you Suresh.

[@earlautry7999]

Very powerful secrets you revealed in this video Sifu, very similar to HTC class. You taught me my first High-Income skill but I have a question for you. As a person ventures from a five figure salary to six figures and changes tax brackets how does one find out tax breaks to avoid giving all your money to the IRS. A single man without kids in Florida gets taxed 18% or more! I have not made my first Six Figure year YET. But you teach "the rich think about the future while the poor think about Saturday." I know the wealthy must have tax break tips that the average person knows nothing about?.

[@DanLok]

Earl, speak with an accountant.

[@earlautry7999]

Dan Lok thanks sifu

[@pablorivera9881]

open a company in Puerto Rico, only 4% income tax, then open your own insurance company, pay yourself premiums, until 2 million before start paying taxes

[@justinpartington9220]

once again martial arts instills so much good in people.DISCIPLINE!!!

[@DanLok]

Exactly Justin

[@justinpartington9220]

by the way I have been doing the forearm towel exercise off and on for 20 plus years. IT WORKS REAL WELL!!, God bless you ,and the spiritual benefits of martial arts.

[@arcangel5598]

You are the first to convince me to tap that notification bell...

[@daniels3318]

Would you say the same goes for like certifications in fitness? I have learned everything from experience and just doing it myself I’m a bodybuilding competitor. I now have a few fitness clients doing what fucking jazzes me what I have a burning desire for this lights me up when I do it it’s truly my passion!! Im started building my fitness business, but I am not certified.

[@DanLok]

That depends on you Danielson. I think there are courses online that certify trainers

[@Galant5x]

Although I'm not a consultant, I have lowered my prices for guitar lessons and other things. I felt like I hadn't "mastered" my instrument enough to demand the price that I thought was right, I've seen a few videos, and I think that I should make sure I ask for my prices with confidence. If a client is trusting me to help them fix a problem, then there shouldn't be a price problem. I'll look into how to apply this to music entertainment.

[@DanLok]

Galant, don't lower your prices.

[@JohnnyTheGreek91]

This is great information as always, thanks Sifu! On the flipside, if you think that college is the next step in your career and you want to do it, then go ahead. Just don't assume that once you have a college degree, the world will bow to your will. There are many paths to entrepreneurship, just avoid accumulating debt and keep learning every day especially after getting your degree. A smart person getting a degree will remain smart, an idiot going to college remains an idiot. I highly recommend that you check out other successful people's opinions on college besides Dan. Mark Cuban the billionaire would be a good example. We are fortunate to have access to lectures and advice from successful people on KZbin for free. Take advice from a millionaires and billionaires and apply the gained knowledge in your life and circumstance. There is no black and white but in between colors, too.

[@Imohlaapohko]

Thank you sir! This will help me to keep moving forward with my book.

[@raymondwin98]

It's so , true 20years of my life this cycle of continual starting , and then quitting after giving some excuse is exhausting and fustrating. Time to stop this

[@DanLok]

Good Raymond.

[@agentrocco8042]

I love the videos , keep up the good work and thank you for all the free content

[@DanLok]

My pleasure Rocco

[@757gamerguy2]

I got a degree in biology. Learned in 4 years that I was good at talking about science but not actually doing it. Learned from college I was great at drawing a crowd and speaking and have others follow. Now I work at geico selling homeowners insurance and do real estate photography on the side. I’m a top seller but I just started. The money is great but more will come and learning everyday. My question is this: I know my high income skill is my ability to talk and sell and show value in anything, but I’m a bit lost on how to provide this in the marketplace.