What Is the True Definition of an Entrepreneur? | Dan Lok

0:00So let me give you the definition of entrepreneur. It's the best definition I've seen and it's this. In fact, we peter after me as you write down. And entrepreneur, it's a person with a vision. Who orchestrates other people's time, talents and money to make his or her vision real. Everybody say, huh? Do you see anywhere there saying doing the damn work? And entrepreneur is a co-ordinator. What's an entrepreneur? It's like a conductor in an orchestra.

1:01Do you see the guy who is in the front, he's orchestrating and saying, oh, you know what? I don't like the way you play piano. Get off. Let me do it. I don't like the way you do violin. Just move. Let me do it. No, no. What does that guy do? Just orchestrating. Yes? Hello? Yes. Just orchestrating. Beautiful piece of music. That's what entrepreneur does. A vision. What does that mean? What does that mean with a vision? What does that mean? Tell me. What does that mean? A dream of what he wants his business to be. A dream of what he wants his business to be good. What else? A strategy. A strategy good. With the vision and strategy. Yes. What does it mean? What does it mean to you? Direction. Direction? Yes. So, it starts off with a what? Wait, wait, wait, what? A vision. Where do you want to go? And for most of you, I actually can tell, you're not quite sure where you want to go. If your vision is just to make a little bit more money, you're fucked.

2:04Because that doesn't motivate anybody. Yeah. When you talk to any team, when you talk to an employee, hey, you know what? You should join my company because I just want to make some fucking money. That doesn't motivate anybody. Nobody. You got to have a vision, you have a mission statement, and this is not fluffy woman, fluffy shit. I'm talking about his where I want to go. And how many of you have heard what's my mission for this group? The impact of $100,000 on your own. Yeah, impact of $100,000 on your produce in the next five years. Why the fuck do I keep saying it again and again and again and again and again and again and again? Why? Is it solidifying your vision? Is it solidifying my vision? It holds me accountable. The more you say it, the more you believe it. The more I say it, the more I believe it. But why do I keep saying it again and again and again? I can say to myself, but why do I announce it to the public? People want to know. If you're a television. Yeah, give me a kind of people want to help. Because if you don't know your vision, if you don't communicate your vision in a compelling way, how the hell can you know, how can I help you? I don't know.

3:04Now, it's my vision, very specific. Yeah. Did I say, I kind of want to help some entrepreneurs. That's not strong enough. I want to help more entrepreneurs. What does that mean? What does that mean? 100,000 entrepreneurs in the next five years. Not 10 years, not three years, five years. Because I believe that's doable. That's realistic for me. Now, he's the thing. How they quantify it. If my vision is to impact 100,000 entrepreneurs in the next five years, how they quantify it. How they quantify it. How would I know? How would you know that I've done it? I'll say good. I think I'm going to thank you, Mr. Chow. Yeah, that's good. So Gary knows. So that does not mean, well, does that mean that you have 100,000 members? No. Because 100,000 members does not equal impact. Does that make sense? Yes. It does not equal impact. Well, does that mean how do you document this? It's very simple. For me. This is for me, right?

4:04And again, your vision is for you. Yes. Python, LRX, supply, port, and the standard. Python, LRX, cool. That's good. So that's not the standard. Well, does that impact? Does that mean if I help them make more money, does that concern an impact? Maybe. Maybe not. Yes. Only if they tell me, yes. Because I can't read your mind. I have all of super power, but not so keep power. So that's not it. So with my thing, it's very simple. Every time I get a, let's say a thank you message, thank you card through Facebook, anything that shows appreciation, I can't get as one impact. And I would print it out, and I'll put that in my box. I have a gratitude box at home. I print it out, and I put it in there. Let's consider one. Once I've accumulated 100,000, I know hit my goal. So, you know, Jeffrey, when you send me an email, that's counts as one. Right? Anyone on the day of it, right? It counts as one. I'll just put that in there. So. Is it a big, this card that you're giving it? No.

5:04No. So only a written message like that. A video would consider one. Yeah. So, I have 100,000, and I know I'm done my job. So, is that pretty specific, yes? Yeah. So, take two minutes. How long? Two minutes. Discuss what's your vision for your business? Just for you. Among the table, two minutes, what's your vision for your business? Where you want to go? Ten times your finances. Ten times your business. Ten times your marketing. Ten times your life. Hit the subscribe button now.