The Wealth Triangle, developed by entrepreneur Dan Lok, consists of three components crucial for building and maintaining wealth: high income skills, scalable businesses, and high return investments. High income skills are essential for earning potential, scalable businesses enable additional income streams with minimal infrastructure, and high return investments ensure growth of wealth. Lok emphasizes that understanding and applying these principles can help individuals achieve their financial goals.

1. Author Pedro Campos
What is the Wealth Triangle?
digitalbloggers.com /business/what-is-the-wealth-triangle
Oct 06, 2017 - 12:59 51 views
Written by Pedro Campos
Articles written:
49
Joined:
22 July 2017
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Business Internet and Businesses Online Self Improvement
The Wealth Triangle is a strategy pioneered by a gentleman born in Hong Kong, residing in Canada, millionaire
mentor, 8-figure entrepreneur, called "The King of High Ticket Sales", international best-selling author and
speaker, Dan Lok.
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2. For those who never heard of him or his strategy, I`ll make sure you receive some value out of this article.
The Wealth Triangle is simple to understand, formed by 3 placements on each side of the triangle, each one
representing what Dan Lok thinks it`s the way to not only build wealth but to keep it. Let`s open the book and
explain the formula:
High Income Skills
Dan Lok explains that this is the building block for the triangle, he considers it to be any skill that has the
potential to make you about $100 000 per year, trading time for hours, it could be copywriting, digital marketing,
consulting or fitness instructor. Notice that we are not talking about high income jobs, we are mentioning skills,
which is very different. A job is dictated by someone else, a skill is dictated by the marketplace and with that skill
or multiple ones, the individual has the ability to earn an income at any time. This is the stability piece for the
triangle.
Scalable Business
This is another piece of the triangle, a business with scalability gives you the possibility to have a second flow of
income, any business that could be grown without a lot of infrastructures attached to it. Dan refers a restaurant
as a non-scalable business example because, in order to grow the business, the owner would need to open a
second restaurant in another place and having to involve more staff, more infrastructures and more expenses. A
good example is an e-commerce, internet-based business that can provide you with the cash-flow needed to
increase your income.
High Return Investment
This is a type of investment, accordingly to Dan Lok,
that will have a minimum return of 10%, year after
year. He states that the best time to invest is when you
have so much money you don`t know what to do with
it. The types of investments vary from person to
person, the best way to approach it is just to not
investing in what you don`t know or looking for help
from an expert. It is easier to be wealthy that it is to
keep wealthy, the goal is to have the best of both
worlds.
A simple and proven formula created by Dan "The
Man" Lok, that could potentially help you reach the financial goals you most desire.
Thanks for reading!
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