00:00I'm here with my friend Dan Locke and
we're gonna be talking about today
00:03though how to make six figures three
easy ways to do it okay so three easy
00:08ways to make six figures you're gonna
want to listen even if you're making
00:11more than six figures because I know
some of you are because dance dance got
00:15that covered he promised me that he's
gonna tell you what you guys need to do
00:28you might be wondering also why I'm
holding this I'm gonna tell you at the
00:32end of this video so you're gonna want
to stay tuned and you also probably want
00:35to check out if you if you haven't
already seen it the video the longer
00:38video I did with Dan where he goes
through his whole background how he
00:42retired young what happened after that
and how he made his money it's really
00:46good
tell me how can is it simple to make six
00:49figures you think about in terms of
making money you can start your own
00:52business right
but within what we're talking about
00:56today let's talk about what I call the
high income skills versus high income
01:00professions versus high income job okay
okay let's talk behind comes off the
01:03first way sure so high income job I
think we all familiar with it they say
01:08if you're working for a big company
right right oh you're working for
01:11fortune 500 company that maybe if you're
starting off at a junior position you
01:16climb that corporate ladder right okay
yeah but eventually you get to maybe a
01:20management position or something like an
executive position you might make that
01:24six-figure income now high income job is
company specific okay sure yeah meaning
01:31you work for this company you work for
this company with that company now but
01:34the minute you leave that company right
your income goes from this do this okay
01:39this is a brand that people jump out the
window that's right yeah or
01:42unfortunately maybe with technology
changes and that company they call that
01:47you know corporate restructuring right
meaning they lay off a bunch of people
01:51that's what it means if I bunch of
people so maybe they haven't done
01:55anything wrong okay they adjust now the
industry has changed suddenly did what
02:00was required of them it's no longer
required right and you see you see all
02:04the news all the time right hundreds of
people thousands of people lose their
02:07jobs overnight right because it's
company specific okay right so if you
02:12have a high income job right now that's
perfectly fine but knowing that the pros
02:16and cons right you're basically betting
everything on one company right nothing
02:21wrong with that just knowing that's what
you're doing right and then you have
02:24what I call high income profession okay
no high income profession it's industry
02:28specific okay sure in the juicer Pacific
so let's say it maybe you are a
02:33programmer right you're a coder right
you're doing there for a certain
02:37industry or you program for like video
games right you can do that
02:41you are an animator okay you are a real
estate agent
02:46sure okay that's a high income
profession okay yeah and maybe your
02:51dentist an engineer so the problem with
the high income profession is because it
02:57is industry specific usually it requires
a lot of Education okay right for more
03:03education let's say if I want to be a
dentist yes I can mix the expect income
03:07doing it
however it would take me you know six
03:09seven eight years in in medical school
right I wanna I need to study I need I
03:13need I need to borrow money student long
and all that stuff right to earn that
03:17piece of paper
sure so I can operate in this profession
03:23problem is when you leave the profession
right yeah it's the same problem because
03:28sorry let's say your dentist suddenly
you want to go to be a chiropractor
03:33everything that you accumulate
everything you've studied that means
03:36nothing in a different industry okay
yeah your experience means very little
03:40in a different industry right right now
the problem with that one of the things
03:43I teach my students is let's say you
have a high income profession right now
03:46that's at your recent agent okay you are
doing this things you're selling
03:50properties you're doing all of that
that's nice but what happens if there is
03:54a slowdown in the marketplace right okay
you're betting you're putting all your
03:59eggs in one basket in one city right
right and then things change market goes
04:05through a cycle Sonny when something
changes you are screwed right exactly
04:09yeah you are screwed yeah and it's out
of your control
04:11it's out of control nothing to do you're
just as a good realtor before right but
04:16no one is buying no one is selling like
Vancouver is a perfect example not long
04:20ago the market was so crazy now the
market is dead right okay yeah perfect
04:26example of that then you have high
income skilled out this is completely
04:30different okay
a high income skill it's not industry
04:34specific is not company specific it
gives you much more flexibility such as
04:40what we're talking about it could be my
my very first high income skill
04:44copywriting right okay yeah exactly
right now industry specific I could make
04:48a post or I can I can write copy for any
companies right exactly okay yeah I can
04:53write focused I can write it for this in
unless in the fitness industry right I
04:57can write it for the dating history I
can't write it for an entrepreneur it
05:01doesn't matter I mean I could do it from
the comfort of my own home I can do it
05:05before and what in Vancouver I can do it
in Los Angeles I can do it California it
05:10doesn't matter where they are right
right now this gives you flexibility
05:15because a skill versus a profession
versus a job a job you dictated how much
05:21you earn is dictated by your boss right
upper management right okay how much she
05:27I think how much you are worth in other
words right I think you work this much
05:31this is your salary right
this is dictated very much by the Heinz
05:37profession by your credentials okay yeah
usually the more letters the the more
05:42money you make
right usually right all experience to
05:45high income skill is not dictated by any
of those things
05:48the only thing that determines how much
you make from the high income skill is
05:52the marketplace right exactly how much
someone is willing to pay you in
05:57exchange of your skill the one thing
only right so then you think about your
06:01hand come skill and only it's flexible
but also I could stack my success okay
06:08explain that so skew is transferable
okay job and profession is not I say
06:14okay it's not transferable yeah so
remember the fervor if you watch the
06:18video the first high income skill that I
developed was cooperating right okay
06:22that's my first skill set
sure the second skill is consulting oh I
06:26think you see how unskilled that's
successful right that's making me money
06:31generate high income I can stack that on
the second skill they actually mix the
06:36first skill even more valuable right
well I then I can stack the NIC skill on
06:41it there actually makes the second skill
even more valuable right so all they all
06:46work together versus working in silo
sure okay so as I'm they say the better
06:52I am with let's say marketing right when
I add public speaking on top of it right
06:59that makes me more more high in demand
in terms of a public speaker so I could
07:05charge more money I see how that works
right because you can
07:08use that marketing skill that's right
you let more people know about your
07:12public speaking it's right right and
then you use that public speaking skill
07:15to actually make the money those people
pay you to do that that's your good
07:18which you cannot do with a high income
profession right you cannot deal with a
07:22high income job and you could add the
copyright into the beginning of that in
07:25the beginning of that I mean it and so
when one thing is get stronger
07:29everything gets girls stronger right
okay now you have this very powerful
07:33positive momentum that's going right
okay so that's the power of a high
07:37income skill and there many many
different forms of high income skill
07:39depends on if they say you're coder
right you could have a high income
07:44college that you're working for
Microsoft okay that's fine right
07:47you can also be an independent coder
right we're right Co for certain
07:51industry you are more like a freelancer
that's perfectly fine sure you can also
07:55transition that into kind of like a high
income skill maybe you're making 10,000
07:59a month and that define high income
skill as a skill they can make it
08:02$10,000 more per month right right
that's my definition so you could do
08:06that as well
so a lot of times depends on how you do
08:09it yeah it depends on how you do it I
got I got a perfect example for you did
08:14exactly what you just said here right
because I started out as a coder okay
08:18and I started out working for company
and I made maybe you know a hundred
08:20thousand hundred twenty thousand max
then I started getting job
08:24exactly I started getting paid as a
freelancer yeah and I could make two
08:28hundred thousand but I was kind of
capped there yes but then guess what I
08:31started doing as I started teaching
developers how to code I started with
08:35writing courses on how my skill was to
teach that high income skill you'll be
08:40learning how to record and teach and
present now I was making a million
08:44dollars now that's the first time my net
worth ever went over a million dollars
08:47yes and I had made a million dollars of
income in the year was from doing that
08:50which is kind of doing the same thing so
it's not what you do is how you do it
08:55then transition to this more than that
you basically turn your skill into now
08:59package debt and you you privatize it
right right exactly privatized yeah
09:03that's the difference so it's high
income skill so why don't you think
09:07about if you have a high income job
right now you have a high income
09:11profession you have a high income skill
nothing wrong with having high income
09:15profession right but I do have lots of a
law students come to me they have a
09:19heinken profession but I say have
my income skill on this side that's your
09:24safety net sure exactly because this
thing would change I guarantee you this
09:28thing will change right there it's only
a matter of time but when you don't have
09:33a high income skill to fall back on when
this change the market changes or
09:36whatever it is right you can no backup
plan but if you're hiding come skill
09:43perfect sample so we teach high tech
clothing that's what I teach right okay
09:47yeah exactly which is how the clothes
for influencers high ticket products and
09:52services so imagine a real estate agent
someone she they say he or she's making
09:59$100,000 a year that's cool okay Sarah
is an agent but on the side here she's
10:07also doing live a high tier closing on
the side okay for other people in
10:11another city over the phone sure when
something changes
10:16they say suddenly the the market slows
down okay her income from real estate
10:19Trump went from there's a hundred
thousand to like twenty thousand now
10:23okay sure
all he or she has to do is we locate we
10:27allocate some of that time and resources
to this right and now you know what I
10:33want to do more this full-time your okay
okay and then you can still be using
10:38that that closing skill in their host a
independence what I do right okay that's
10:42powerful that's what's not being taught
in school yeah the school wants you to
10:47have a high income job the school wants
to have a high income profession school
10:50doesn't want to have your high income
skill do you know why why because the
10:54school system is not designed to to free
you right it's designed to imprison you
10:58to create workers good workers yeah so
you want a high income job yeah get a
11:03long get out get a get a 30-year
mortgage perfect sure then you're you
11:07and prison your whole life right
high income profession even worse right
11:11cuz you need to spend way much more
money to to get their piece of paper to
11:15get the degree to get the master right
and from there you're already hundreds
11:19of thousands of dollars in student loan
takes you years to pay that off and you
11:23get married have kids now your and on
the mortgage this is the middle class
11:27exactly yeah and you're trapped you're
trapped yeah you're trapped now how to
11:31get out this high income skill gives you
flexibility this frees
11:35right because I can work anywhere the
world I can work with any industry I can
11:39work in any city I can work with any
company they don't want that right
11:44because they can control they cannot
control this exactly corporations cannot
11:47control this they want you to stay in
these two lanes and not this particular
11:51link so that's that's why it's not
taught in school awesome yeah that I
11:56agree and that it makes so much sense
that makes so much sense again like I
11:59said even from my own experience the way
that you explain that it you know in
12:04fact I'd be I'd be curious to see what
you know honestly guys what do you guys
12:08think are you which one of the three are
you honestly okay I'm gonna put a pole
12:13up here and I want to know honestly do
you would you really consider that you
12:17have a high income profession a high
income skill or a high income job right
12:25and in the answer to that will be which
one makes you the money the real one
12:29that you will I am not all money's
created equal
12:31mm-hmm right well I always say it's not
just how much money you make is how you
12:36make the money right you could be making
a hundred twenty thousand dollars a year
12:39with the same thing it's a very
different thing for sure you make 120
12:44with high income job I didn't wanna get
with high income profession hunting 20
12:47with a high income skill it's a
completely different thing it's a
12:49completely different lifestyle right
yeah although it's the same hundred
12:52twenty K it's not the same right so it's
not just how much money you make us how
12:57you make the money awesome well thanks
Dan
13:00you know you guys also we're gonna be
talking about Dan's gonna give some more
13:03knowledge and some of the upcoming
videos to make sure that you stay tuned
13:06and subscribe
and you've been probably wondering why
13:08I'm holding up this book I've got
something for you that Dan has actually
13:11been so gracious to give away which is a
copy of this book you probably seen my
13:15review on this fu money I love it it's
awesome you know this is one of those
13:19books that I listened to on one of my
runs so he's got the audio version as
13:23well but he's gonna give this away for
free if you sign up now for this
13:28masterclass it's a totally free
masterclass that Dan and I are gonna be
13:32putting on together where Dan is gonna
share a lot more of this knowledge that
13:35you're hearing him him talk about here a
lot of the the things that you're gonna
13:39need to know to develop a high income
skill right think the key the one that
13:44you want and you may be thinking oh we
know what was the catch why am I giving
13:48this away
it's very simple my business philosophy
13:51from very beginning to all these years
it's add value first right I believe
13:57when you add value first people want to
do business with you and after you read
14:00the book after you go to a master class
if you want to continue your education
14:04you won't develop the high income skill
maybe you sign up for my course maybe
14:07not but that's why we're doing it yeah
exactly
14:10awesome all right thanks a lot Danny and
thanks guys for joining us we'll talk to
14:14you next time take care
