In the world of business, there's an oft-repeated advice: emulate what's already proven successful. This strategy, often encapsulated as "copying what's working," acknowledges the wisdom in not reinventing the wheel unnecessarily.
Dan Lok, through his experiences and interactions with some of the world's top entrepreneurs and CEOs, whose combined net worth exceeds billions, underscores this principle. If a business model, marketing strategy, or operational process has been successful for others, particularly in your industry, there's merit in adopting those elements that align with your business goals.
However, Dan Lok goes beyond this conventional wisdom. He emphasizes that while copying can provide a blueprint or a shortcut, there are critical components of business and personal strategy that you shouldn't just adopt wholesale from others.