Now maybe you're working at a job right now

or maybe you run your own business.

As a global educator and a mentor of mentors,

today I'm gonna teach you five proven ways

to increase your income, both from an employee

perspective as well as from an entrepreneur perspective.

I also know, there are fans of my work

who are sharing my videos on WhatsApp,

I want to thank you.

And what I want you to do is I want you

to connect with me through my Instagram @danlok

and DM me and DM my team.

I might have a surprise for you.

Just acknowledge what you have done.

Way number one to increase your income

is to become more valuable as an employee.

You see, if you want to radically increase

your income, you must make yourself more valuable.

I always tell my team members that you don't

have to beg me for your paycheck or pay increase.

At the same time, I'm not gonna beg you to do your job.

I can tell you that one of the biggest challenges

as a leader, as a CEO of a company

is to finding good people, finding enough

good people to launch new projects or manage

any of the profit generating projects that we have.

The right companies would always more than happy

to pay you above average pay if you are willing

to put in the above average work.

You see, most people, they just

work hard enough not to get fired.

They do the bare minimum, they never go the extra mile

because they treat what they do as a job

instead of a career, but not you.

So I want you to ask yourself these questions.

How can I become more valuable as an employee?

How can I add more value to the company?

How can I become irreplaceable?

How can I bring in more revenue?

How can I work better as a team member?

How can I improve myself?

What can I learn?

If you focus on that instead of just treating as a job,

you will become more valuable.

And once you do that, what you also

wanna do is advertise your worth.

I don't mean like taking credits.

I'm talking about telling people,

hey you know what, this is what I'm working on.

This is what the problem that I've solved for the company.

And sometimes, when you're working with team member,

the right company, you might want to also

give some credit to your team members.

Let them take some of the credit too.

So you work well as a team.

When the time is right, then you can approach

your manager or the boss, the right kind of boss,

and you would tell them, hey you know what,

here's what I've done, here are the results

I've created for the company.

Backed by your track record, backed by your performance.

Then you can ask for more pay.

That's how you increase income.

Then also promise them, once you get the increase in pay,

what more value, what more things

are you gonna do for the company after in the near future.

So that's the very first way to increase your income

and that is to become more valuable as an employee.

The second way to increase your income

is to move into your company's profit stream.

You see, there are three kinds

of jobs in the business world.

The first kind is what I call technical jobs.

I'm talking about the legal department,

the accounting department, the financial department.

Those are the technical jobs.

The second kind of jobs is operational jobs.

I'm talking about customer service,

I'm talking about product fulfillment,

or sometimes some positions

in the accounting or finance department.

The third kind of job is what

I call revenue generating jobs.

These are the rainmakers for the companies.

These are the people, the team members

that contribute directly to the company's bottom line.

Who am I talking about?

I'm talking about salespeople, I'm talking

about marketers, I'm talking about copywriters,

I'm talking about the leader who leads the team

or the employees to produce revenue for the company.

You notice operational jobs usually in the corporate world,

they are the lowest paying kind of category

in the corporate world.

Why?

Because those jobs could easily

be replaced by somebody else.

They can find people to replace those positions.

And if you do good, do a good job as an operational

person, you make good money, if you do a great job

in those positions, you also make modest pay raises,

but you'll never make the money that you want.

What you wanna do is you want to be

the rainmaker for your company.

You wanna find out how money is made

within the organization.

I use a very simple formula, and that's called

a 10x value formula, or for bigger company,

it could be 20 to 50x value.

What it means is if you are the revenue generator

for the company that you work for,

you want to deliver more value.

Let's say you want to make an additional $25,000 a year.

You wanna find a way to add in a value,

to increase the company's profit by $250,000 a year.

Then it's easy for you to get that 25k.

Now for bigger companies, it could be 20,

it could be 50 times, because they have more expenses,

more overhead, more infrastructure.

But for high growth company, if you pick the right company,

the 10x is very simple.

You wanna make $100,000 more for yourself,

find a way, develop your skill,

help the company to make an additional

million dollar in profit, and you'll get your 100k.

It is that simple.

So you can't just say, oh I want to make more money.

Find a way to become the leading revenue generator

for your organization.

The third way you can increase your income

is to become an intrapreneur.

What do I mean?

It means that you become an entrepreneur

within your organization.

You are still an employee but with

an entrepreneurial spirit.

I have a number of intrapreneurs in my company,

in my organization.

It means that they are utilizing my brand,

my resources, maybe my capital,

maybe my customer list, to start a project.

It could be initiative, it could be a business

within a business or a brand within a brand.

They're basically acting as mini CEOs

within my umbrella, my company.

So if you've got the chops, if you can deliver result,

and you are creative, you can approach the right CEO

and say, hey you know what, I've got this idea

and I believe I can run with it.

I'm gonna run the whole thing.

All I need is just a little bit of help

from the company, so if I could take off,

you know what, I'm willing to share

a majority profit with the company,

but let me kinda do my own thing

and be a little bit entrepreneurial.

This is a very good way to quote unquote start your business

and increase income because now you're not

going out there in the fucking harsh world

and starting from scratch.

You are exercising your entrepreneurial creativity,

your spirit, but at the same time,

you're still within the protection,

kinda under the umbrella.

It's a very powerful way to start your business.

I'll give you a perfect example.

Many years ago, I had an employee working for me.

Then he came up to me one day with the idea,

"Hey Dan, I think I could lead this project.

"Is it possible that you'd let me run with this?

"And I just need coaching from you,

"maybe let me market to the list,

"and give me a little bit of resources.

"I don't even need a ton of resources.

"I can manage this."

I said okay.

So then he basically started business within my business,

and he ran with it, and we started off the relationship,

he owns 10% of that company, I own 90% of it

because I funded most of it.

He didn't put in any money, he only

put in some small equity.

And we set the goal if we hit certain milestone,

I would up his percentage.

So we hit certain milestone, he'll get 20%,

30%, 40%, eventually 50% and so on.

And we did.

We did.

We launched that, he did 90% of the work.

I just give him some coaching from time to time.

He was an intrapreneur.

And we hit certain a milestone,

from his percentage, from 10% to 20 to 50,

to eventually actually 80, and eventually

at the very end I actually sold all my shares to him.

He owns 100%, I'm very proud of that,

he owns 100% of that 'cause later on

my career has changed and I no longer

wanna focus on so many little mini projects,

I thought, you know what, you do so well

you're running the business anyway,

there's not a ton of value that I could add

and it doesn't fit my overall vision,

so I said here you go.

So he bought me out, and now he runs

a little successful seven figure business.

I'm very proud of him.

He's a perfect example of an intrapreneur.

That's a very, very good way to increase your income.

The fourth way to increase your income

is to develop your high income skill.

Now I define high income skill as a skill

that can make you $10,000 or more per month

beyond your job and beyond your business.

The beautiful thing about high income skill is this.

Number one.

Notice, I said high income skill, not a high income job

and not a high income profession.

You see, when you have a high income skill,

skills are transferrable, profession is not.

Even though maybe you're making high income,

but it's in a certain vertical and in a certain profession,

once you jump out of that, your income drops.

However, high income skills, you can combine them.

You can combine different high income skills

in one profession to dramatically increase your income.

I've helped thousands and thousands of my students

around the world to develop their high income skills

without college degree and in a matter of weeks,

not in a matter of years, just like college.

If you wanna find out more, click the link below.

So that's the second beautiful

thing about high income skill.

You don't need years to develop your high income skill.

The third thing that's beautiful

about high income skill is this.

That your worth is not dictated

by your employer or your company.

It's dictated by you.

How much you make, it's all determined

by two things and two things only.

Number one, your skill level.

Number two,

(balls clacking)

your perception in the marketplace.

How the marketplace perceives you.

Now if you wanna find out more,

I made a video on the various high income skills

that you could develop today, click on the i button above

and find out more.