thx, watched this 4 hour video, basicly garbage, its a sales pitch, the value parts could of been done in 30 mins....
then i fond this at Quora:
Is Dan Lok a scam?
Dan Lok masquerades as an honest entrepreneur in his public talks and videos in order to justify selling a bogus $2,495 telemarketing course. Selling these type of bogus courses and products via affiliate social influencers is how they both really make their fortune at the top end of the pyramid while the customer (audience) on the lower end loses out. Why else would they constantly promote these kind of products?
Well, at first, they fake it until they make it by heavily promoting these products with the goal of making enough sales to gain the riches they initially claimed to have. Once they surpass this level in sales, they continue to market this stuff because they are greedy, and they become addicted just like a gambler would if they keep winning money.
The difference is these guys don't stop winning, like the gambler would, unless people on the lower end of the pyramid wake up and stop buying this trash. However, the sad truth is, a lot of people can't see the wood for the trees because they are too focused on achieving the lifestyle and material success that these manipulators portray in their videos.
Let’s put this into perspective so that Dan Lok’s deception is plain as day:
Dan Lok currently has over 380,000 YouTube subscribers
401 people is way less than 1% of Dan Lok's YouTube subscribers (0.001055% to be exact).
$2,495 per course x 401 people = $1,000,495.
Dan Lok also has over 1.3 million subscribers on Facebook.
Keep in mind that Dan Lok teams up with other Internet Marketers and Social Influencers that have a large following. For example, Brandon Carter also promotes this course which provides a whole new audience to re-target and sell this bogus course to:
Brandon Carter currently has over 760,000 YouTube subscribers
401 people is way less than 1% of Brandon’s YouTube subscribers (0.000401% to be exact).
$2,495 per course x 401 people = $1,000,495.
Brandon Carter also has over 1.5 million followers on Facebook.
Dan Lok has also collaborated with other YouTubers. Some of them are Stefan James from Project Life Mastery (Over 525,000 subscribers) and Matt Tran from Engineered Truth (Over 330,000 subscribers), who have also scammed people into buying this course. On a side note, Matthew Tran from Engineered Truth was also one of the YouTubers that promoted the Bitconnect ponzi scheme as an affiliate in 2017.
Many people ended up losing thousands of dollars when bitconnect collapsed. When the truth about Bitconnect came to light within the cryptocurrency community, Matt cunningly deleted his YouTube video which demonstrated how to invest money in Bitconnect.
Can you see a pattern starting to emerge on how these guys really make their money and how they have no remorse for their audience that buy into their schemes?
There is nothing wrong in selling "decent" products and services to an audience if you are honest and transparent throughout your sales funnels and marketing campaigns, but it's obvious that these guys exploit their audience to sell them multi-level marketing MLM trash.
Here is how one of their typical sales funnels work. Dan Lok, Brandon, Stefan, Matt or another affiliate strategically make YouTube videos that play with peoples emotions as they show off their materialistic lifestyle whilst providing free motivational and self help content. There could also be free educational and fitness content in the mix depending on which affiliate you go through.
Once the audience has been buttered up by one of the marketers infomercials, they lure vulnerable followers to join their email list and attend a 2-3 hour webinar which ends up being a sales pitch full of empty promises for an overpriced course that claims to give you the keys to success, and be the answer to all your financial problems. They don't reveal the cost of the course, or whatever they are selling until the end of the webinar as this keeps the viewer engaged. This allows the promoters to subtly complete their infomercial/sales pitch.
The exact price of the course may vary depending on the course being promoted at the time, but the one I saw was for Dan Lok’s High-Ticket Closer telemarketing course which currently costs $2,495. I ended up at the webinar via Brandon Carter's sales funnel as I was one of his YouTube subscribers. However, there are many other funnels and marketing campaigns which Dan Lok has set up to eventually lead you to a sales page for his course. The main reason he did, the TedX talk, other public speaking, and online advertising is so that he could attract an audience over time and build his reputation based on manipulation with the goal that some of these people would later buy into his brand. This combined with the leverage of another social media influencers audience provides an exponential marketplace for these guys to sell products.
This cycle of collaboration between social media influencers and product creators is rinsed and repeated until they have squeezed as much money and value as they can from each other’s audiences! On the other hand, the subscriber that pays for the course will lose a lot of money as they fall for the psychological manipulation that these guys use within their unethical marketing strategies. It is a vicious cycle because people look up to these guys as knowledgeable mentors due to the perception of their rags to riches story and current rich lifestyle. Little do the audience know, that they are the ones actually paying for their luxury lifestyle, when in return, these guys sell you a pipe dream.
They are not fully transparent about how their sales funnel operates and if you try to question them about this on the YouTube comments section with legitimate facts (like the numbers above), they will hide your comment so that other subscribers can't catch on to this con. For example, when I left Brandon and Dan Lok a comment on one of their YouTube collaboration videos, I could still see it when signed in but when I signed out or reloaded the page under 'incognito/private browsing; my comment was gone. Even a well written comment I left on TedX's YouTube channel under Dan Loks video was deleted.
In summary, I explained how Dan Lok and his affiliates deceitfully con their audience to easily generate a million in sales and I backed this up with some of the numbers above as evidence. I also explained that Dan Lok's motivational talks are just ear-tickling tactics that are part of a long term strategy to butter up a large audience and sub consciously manipulate their emotions, so that later on, it is much easier for him to sell his high ticket closer course). Deleting these comments confirm the deceitful nature of these people and organisations. Who knows what else they lie about in order to make more sales in their respective niches.
Notice how these guys never have any substance in what they teach. It is just motivational self help to psychologically manipulate and inspire you, followed by waffle. It is farcical that this particular course is called "High Ticket Closer" because that is exactly what they are doing to rip off the buyer. The course creator and his affiliate infuencers sell this course to the uninitiated audience at the lower end of the pyramid while they generate millions of dollars in sales which they distribute between themselves.
It sounds like an altered variation of a ponzi pyramid scheme under the disguise of affiliate marketing. Normally, affiliate marketing is a great legitimate strategy for promoting and selling reputable products but it is now evident to see how this strategy can be manipulated depending on the marketers true motives.
While there are decent social media influencers out there in various niches, unfortunately, some of them eventually sell out their audience and promote bogus products in order to line up their own pockets. Here are some signs of a sell-out promoting a scam:
They provide motivational tips for personal development but behind this facade, they market and promote a product on how you can make money but they don't actually teach you a legitimate tradable skill. Also, ask yourself, why would they charge you so much if they already knew how to apply techniques that accumulate wealth.
They withhold their true intent by not revealing the cost of their product until you flow through a manipulative sales funnel. And even then, the actual contents of what they are selling is still vague leaving you with empty promises of making money.
The influencer/promoter either, constantly shows off a high end lifestyle in the background, keeps reminding you of a rags to riches story, constantly discusses how much money or sales they make, or they show off fake testimonials. This influencer is attempting to pimp out their audience without them even realising.
Please be careful and do your due diligence before you buy anything, and don't get caught with your pants down by wasting your hard earned money on products that don't contain any real value and waste your time.
" If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck "
dan lok ->
