How To Make $500 A Day

Do you want to know how to make $500 a day?

That is exactly what my good friend Dan Lok is going to show you how to do.

Dan is a celebrity entrepreneur, best-selling author, and multi-millionaire. In his work, he teaches people how to radically increase their income and create financial freedom.

If you have a full-time job but are looking for a way to make more money on the side, keep reading!

Watch the video below:

(Click here to watch on YouTube)

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Ready to discover the fastest way to make an extra $100,000 to $500,000 a year without cold-calling? CLICK HERE to register for my FREE masterclass!

Dan Lok is an Internet marketing expert.

Known as The King of High Ticket Sales, Dan is a highly-paid and in-demand consultant who helps entrepreneurs create financial literacy. He has created a simple process for making more money. In our interview, he talks about how to make $500 a day and more. Let's dive in!

Do you mind sharing your strategy for how to make $500 a day?

There are many different online business models, like affiliate marketing, Amazon FBA, or dropshipping. Unfortunately, a lot of these models take a while to make money. If you are just getting started online and have limited resources, you will encounter challenges.

This is why I teach a concept called “The Wealth Triangle.” There are three parts to this triangle. The first part is called “High-Income Skill.” This is a skill that could make you a minimum of $10,000 or more per month. You are still trading your time for money, but for high dollars.

Once you have that high-income skill, you can take the money that you earn and use it towards building your business. In my opinion, high ticket closing is the #1 skill that people should develop.

Back in the day, a lot of entrepreneurs could make great money selling low-ticket offers. Today, these types of offers are no longer profitable. All of the money is made after the $200 sale, meaning that business owners need to follow-up with their customers. The goal is to offer them something more high-end, like a $5,000-$10,000 offer.

These are what I call, high-ticket offers.

It is virtually impossible to close these high-ticket offers with a post, an email or a tweet. Rather, they need to be closed on the telephone. If you have a high-income skill, like high-ticket closing, companies will gladly pay you to get on the phone and close high-ticket sales for them.

They don't have the time to do this themselves. I'm not talking about doing cold calling or being a telemarketer. These people are already interested in what you are selling. They just need you to answer their questions and walk them through the details of the high-ticket offer.

If you are closing a $5,000 offer, a company will gladly pay you 10% of that, which is $500.

Let's say that you talk to 5 qualified prospects per day and your closing ratio is 20%, so 1 of 5. If you are willing to work 4 days per week, that means that you can make $2000 per week, which is $8000 per month. 

You're not selling you. Rather, you're selling other people's high-ticket offers. Once you have a high-income sell in place, then you can transition into a scaleable business if that is what you want to do.

This is Dan's process for how to make $500 a day.

Being able to effectively close is a core life skill. If you can't sell, you can't succeed in business. I encourage you to take Dan's advice and start doing the work to developing your high-income skill. How would your life change if you were able to make $500 a day?

Ready to discover the fastest way to make an extra $100,000 to $500,000 a year without cold-calling? CLICK HERE to register for my FREE masterclass!