The Tai Lopez Show

Click the link if you want to know more of what I talk about in the video:https://tailopez.com/consulting3 If I was starting from $0 today, this is how I would get to $100,000.  Nowadays you can start making money from home with a laptop and an internet connection.  Here’s the catch: you need to do the right things at the right time. If you do the right thing at the wrong time, you won’t get the result you want. That’s why I designed this formula. So that you can have a map to know whether or not you’re headed in the right direction. I made a test group where I’ll show you skills that will make applying this formula easier.  Click the link below if you want to know more about it:https://tailopez.com/consulting3See omnystudio.com/listener for privacy information.

Tai is joined at his farm with Jon Jasniak to talk about the most underrated way to make money in Real Estate - Land. Jon has done more than 500 land deals, for over $10,000,000 in his 20’s. Tai and Jon get into the details around how big the opportunity in land is, how to get started, how to do seller financing and a lot more. If you’ve been looking for a way to get into Real Estate, you don’t want to miss this.Click here to learn how to buy land with Tai and Jon: https://tailopez.com/landpodcastSee omnystudio.com/listener for privacy information.

The first podcast to talk about the ‘behind-the-scenes’ of The OG (Original Garage) Social Club NFT launch! Business will humble you. I’ve been doing business for a while, and there are still times I look back and think about what I should’ve done differently. Fxnction is one of the more respected people in the NFT space. A lot of people on Twitter said I should talk to him after the first OG NFT mint. After talking with him, I already see at least 3 things that I could improve upon for the launch of my NFT. This is the podcast you want to listen to if you want to take a look at the intention behind launching The OG (Original Garage) Social Club. Fxnction, my business partner Alex Mehr, Ph.D. and I talk about the reality behind why my NFT offers the utility it does, and how other celebrities have come and gone from the NFT space. We might even have a plan for people to put their money where their mouth is when betting against me haha.See omnystudio.com/listener for privacy information.

If you want to optimize your pricing and make your business more profitable, this will be the most important podcast you'll ever listen to. Wharton Professor John Zhang and author of the book Smart Pricing is someone I consult with regularly. His insights about pricing have helped me scale the brands I’ve acquired, such as Pier 1, Dressbarn, and Linens’n Things. In this episode you'll learn: Why pricing is the most important factor in bringing in more revenue What type of pricing does NOT work How to price service-based businesses such as marketing agencies  And much more... Be sure to like and subscribe for more great episodes like this.See omnystudio.com/listener for privacy information.

Are you sure you want to be rich? Consider the cost in stress, alienation in family, and slander beforehand. You may reconsider... In this video, I talk about the laws of the jungle about getting rich. I’ll share what evolutionary psychology teaches us about wealth, human behavior, and how you can expect life to change once you start making more money. Life is about theory and practice. That’s what makes you a master. Your goal is to be less wrong than right about your decisions, but no one comes out of this game without scars. Everyone dies the same in the end. Not everyone is built to play the same game when they’re alive. Just consider the fact that everything comes with the costs I talk about in this podcast.See omnystudio.com/listener for privacy information.

If you find yourself feeling like you have too little, or too much, you’ll be unhappy. Being too far into one end of the spectrum will be your greatest enemy. Fortune favors the bold, but it also favors the balanced thinker. Don’t let your emotions or strong beliefs cloud your thoughts. Understand the pros and cons of the past. Read history. A little pain is okay. Pain is a catalyst, but it must be minimalized. If you’re experiencing pain over and over, something must change. This is probably the most important podcast I’ve recorded this year. Listen to it carefully. Download it. Listen again later. See omnystudio.com/listener for privacy information.

From taking Elvis Presley on tour, to raising 1 million dollars in a day, Jerry Weintraub was one of the most dynamic, persuasive men there has ever been. Today we go over how he became the man the world knew him to be and talk about his magnificent book "When I Stop Talking, You'll Know I'm Dead." Tune in and learn how to be more persistent and get what you know you want out of life. See omnystudio.com/listener for privacy information.

Want to really know how to make a million dollars?The first step is to stop watching cheesy advice on YouTube and learn from people who’ve actually made a million dollars instead.I gave this talk to my team a short while ago and instead of keeping it private, I’m posting it here for everyone to see.Some of the things I cover:* Why I prefer the A/B formula vs. peel and stick* How to come up with attractive bonuses using dimensionalization* What causes people to buy more than anything else* How to build a website that makes people click* Why email lists are one of the fastest ways to make $1 million* How to use emotional triggers to sellAnd much, much more.Subscribe to the podcast and enjoy!See omnystudio.com/listener for privacy information.

How many times have you been in dire need of help and the people you reached out to had amazing stories with a million reasons why they weren't able to or they forgot to or something came up? How many of those friends do see that kind of behavior from on a regular basis? How many employees? How many business partners? Who can you actually look to in your life and say "Your actions have made it clear that you really do care about me?"Sometimes, we surround ourselves with the wrong people and don't take enough time to vet out our social circles. It's poison. Here are some things you need to know:People lie. Numbers don't.There's a difference between expecting someone to be perfect vs expecting someone to be competent. A lot of the time, people say they love you more than they actually do love you.Being cynical can cause you to have a distorted way of choosing your circle.Sometimes it's not about listening to someone's words. It's about paying attention to their overall vibe. Listen to the full episode to learn much more about all of these pointers! See omnystudio.com/listener for privacy information.

Lack of productivity KILLS your business. In this episode you will learn absolutely crucial tips to build a team around you that will maximize the efficiency of your business. If you aren't doing these things, you could be missing out on a lot of growth potential. See omnystudio.com/listener for privacy information.

Tai has been an entrepreneur for 18 years and has started 12 multi million dollar companies that are all still running successfully. Tai is addicted to traveling (51 countries on 6 continents so far) seeking the advice of the world’s top minds. He credits 90% of his success to five mentors (three millionaires and two billionaires) who pointed the way.For more startup inspiration and if you need help building a business in line with who you are visit: www.thehappystartupschool.comSee omnystudio.com/listener for privacy information.

“To get what you want, you have to deserve what you want. The world’s not a crazy enough place to reward a bunch of undeserving people.” ~ Charlie MungerLast week I did a Q&A for 500 people.If you couldn't join live, the replay is now available. Some of the topics covered include:#1 way to date anyone you wantMy best sales writing tipHow to offset your weaknessesOne of the hottest drop shipping products to sell right nowCarnivore vs. vegetarian dietsAnd much more Visit Tailopez.com/podcastoffer TO LEARN HOW TO BECOME A CERTIFIED ECOMMERCE SPECIALIST WITHIN THE NEXT 4 MONTHSSee omnystudio.com/listener for privacy information.

I interviewed Ashlee Vance about his book, "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future."He has spent over 40 hours talking with Elon and interviewed close to 300 people for his book.Elon is someone that personifies what people want in their own lives. He is willing to give up everything he has for something he believes in.75% of people at one point in their lives will dream of starting something. The percentage of people that actually try is lower than that, and the amount of people that succeed is even lower.Elon is the first person to run three companies that are worth over a billion dollars. He is also tied for the 100th richest man in the world.From a rough upbringing in South Africa to becoming arguably one of the greatest business minds of our generation, his story resonates with anyone trying to become a successful entrepreneur.See omnystudio.com/listener for privacy information.

The story of the guys who went from nothing to starting Twitter.Make sure you grab a copy of "Hatching Twitter".Despite all the evidence most people still don't believe.Find something worth building and you might be the next rags to billions storyListen to the podcast.See omnystudio.com/listener for privacy information.

"The results are in and... e-commerce has won. Still using the brick and mortar model? You need to pivot. Quickly. Customers want the convenience of shopping online. Jeff Bezos predicted this in the 90s and now he’s one of the wealthiest people in the world.I’ve been telling people for over 10 years the internet is changing things. That’s why I started teaching online education programs. You don’t have to go to a campus to learn. Now so many people do it from home.There are more tools than ever for starting an online business. If you’re offering a physical product, use Shopify. You want to offer a product that’ll do well no matter what’s going on in the world. That’s why I offer meat, education, and clothes with my e-commerce businesses.You also need a good story. Every successful business has a great story. Stories sell. Make your story something you believe in. Elon Musk believes we need to live on other planets and builds reusable rockets.It’s not too late to get into e-commerce. More people do it now, but more people are using the internet. Your time is now."See omnystudio.com/listener for privacy information.

Ultra-successful, multi-millionaire, entrepreneur (and some say scam artist) Alex Becker meets ultra-successful, multi-millionaire, entrepreneur (and some say scam artist) Tai Lopez live on stage to talk about cutting edge entrepreneurship, shopify, and the TRUE way to make money online in using Tai's rarely discussed, controversial "NBA Secret."And they do not disappoint. Appearing at Alex Becker's 10 Pillars Live event; Tai Lopez goes all the way in laying out what it takes to make millions on the internet in today's economic and business landscape.[FAIR WARNING] Tai and Alex pull no punches in this rare youtube video. If you're currently an entrepreneur or considering starting or buying a business venture, be prepared to hear some things in this podcast that might shake you up, piss you off, or you may disagree with......but listen to the whole thing through with an open mind because there will be at least one new thing you'll hear that will make you more money.Be sure to check out Alex Becker's Youtube channel here!: http://youtube.com/alexbeckerschannelSee omnystudio.com/listener for privacy information.

As the days continue to be uncertain about when all of the chaos of coronavirus will end, many people have several questions to ask. These questions may be about business, personal life and/or government. Today Tai answers tons of them with an Instagram live session. Stay tuned!Points to Keep in Mind:Although many businesses are failing, some are skyrocketing right now.Grow your knowledge during this quarantine and read books to pass time!There's no "beginners" stock in the stock market. It's crucial to have people in your circle that are agreeable with you.B2B (business to business) consulting is a brilliant way to take advantage of this quarantine.There's always someone doing life better than you. Get over it.There's always money out there, you just have to find where it is. Incentivize a goal rather than punish a failure. See omnystudio.com/listener for privacy information.

We face a very unique situation right now with the current pandemic. Coronavirus/Covid-19 is driving the economy downward drastically and we certainly weren't prepared for it. So with that said, what are you going to do about it in your world? There's a lot of risk but there might be opportunity, too."As long as cryptocurrency remains hypothetical, it'll be more volatile." - Tai Lopez(click to tweet)Points to keep in mind:The world order is bound to change in light of today's circumstance.You can either freak out, or you can stay calm. What's gonna happen is what's gonna happen.Narcissism and Machiavellianism are completely different personalities.Always be mindful of both sides of the narrative,Cryptocurrency can be a volatile and risky market.Your investing should be primarily in things you have control of. A key rule of thumb to investing is buy when the market is low; sell when the market is high.Live your life with caution, but don't live your life out of fear.You should only be putting walls up after an experience. Not before.Don't be intimidated by the powers that be, but don't be disrespectful.Living a reactionary life means you're never prepared for what's next. Be proactive, not reactive."Buy low, sell high." - Tai Lopez(click to tweet)Summary: In this era, there's a lot of fear and chaos throughout society. Everyone is reacting to things rather than preparing for them. Don't fall into that stream of living.Live a life of strategy."If you always react, you never strategize." - Tai Lopez(click to tweet)See omnystudio.com/listener for privacy information.

“You need to be rewired for success” - Tai Lopez(click to tweet)Dopamine is a substance in your brain that not only makes you feel good in general, but also confident and ambitious. But science has shown that the more that you win, the more dopamine receptors you grow. This makes you more confident and ambitious, which in turn makes you grow even more receptors.It’s a virtuous cycle.But it goes both ways, and this is why those who win tend to continue to win, while those who are stuck with a limiting mindset have a very difficult time breaking out of that mindset. Your mindset might not be your fault. It could be a result of your parents, the public school system, your friends, or any number of factors. But it is holding you back.This is why I try to show you my own success and the success of others. So that your world expands, and your mindset enlarges. As this happens, and you see the possibilities in the world, you start to win more, you grow more dopamine receptors, and the cycle begins to turn in your favor instead of against you. And understanding of the above science is essential to being able to motivate yourself to work hard and succeed, and that is what I’m teaching you on this episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“It’s not enough to know how to do something, you have to have the confidence, ambition, and motivation to follow through on it” - Tai Lopez(click to tweet)Points to Keep In MindYou have to understand how to motivate yourselfDopamine receptors are what make you feel good, and more importantly, confidentWhen you win, your brain grows more dopamine receptors, and when you lose, you lose dopamine receptorsWinning makes you more confident and more ambitious, which then makes you more ambitious, and makes you win more. It’s a virtuous cycleYou need to be rewired for successIt’s not enough to know how to do something, you have to have the confidence, ambition, and motivation to follow through on itSee omnystudio.com/listener for privacy information.

“A lot of people have great ideas and concepts, but if you don’t know how to express them to others and persuade them, you will not be able to do much with your ideas” - Jordan Belfort(click to tweet)Today’s guest is none other than the Wolf of Wall Street Himself, Jordan Belfort, and we’re talking about sales, how to learn to be a better salesman, and more generally, how to become more persuasive in everything you do in life.A lot of business people have good ideas and concepts for their business, but in reality, the value of their idea is either multiplied or drastically reduced by their ability to persuade others of their idea!This is why sales is important to everyone, not just people who do or plan to make their living as a “salesman.” If you want to be successful, you will have to learn how to convince others, and Jordan’s Straight Line System is the proven strategy to teach you how to do that.Learn all of that and much more, on today’s episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Strategic preparation is essential to good sales” - Jordan Belfort(click to tweet)TaiLopez.com/WolfPoints to Keep In MindA lot of people have great ideas and concepts, but if you don’t know how to express it to others and persuade them, you will not be able to do much with your ideasEven people who are natural at something follow certain rules and strategies, they just do it naturally. But anyone can learn themStrategic preparation is essential to good salesYour prospect needs to be 10 out of 10 on your product, trusting you, and your company, before closingRookie salespeople skip the qualifying section of the sales process. First of all, you need to make sure your prospect is in the market in the first placeBy asking smart questions, you can get into solid rapport with prospectsYour prospect has to believe that you really care about themYour prospect has to understand that, fundamentally, you’re just like themEvery idea has a certain amount of value to it. But the way it is presented either multiplies that value, or takes away from itPersuasion is a learnable thingHuman communication is 45% tone of voice, 45% body language, and only 10% wordsBody language has a way of slipping under the radar, and going right to the unconscious mind and creating a gut reactionWhen someone makes their first impression of you, they should be thinking:This person is sharp as a tacThis person is enthusiasticThis person is an expert in the fieldIf you make a bad first impression, it takes 7 subsequent meetings to turn that aroundWhen you’re perceived as an expert, it gives you the opportunity to control the flow of the conversationThe first stage of confidence comes from acting as ifStudy the best, in detail, to model it and eventually become itResilience has to do with the fundamental belief that you have what it takes to be successfulOnce you learn how to communicate, it changes who you are, and you become the successful person you could beWithout fear, there is no courageObjections are nothing more than smoke-screens for uncertainty TaiLopez.com/WolfSee omnystudio.com/listener for privacy information.

Buy Scott’s book “The Four” and his others here.“Our instincts, ever since we emerged from caves, is more. We always want more, because the penalty for less was death” - Scott Galloway(click to tweet)Apple has managed to do something that no other company in history has: Combine the lowest cost of goods through mass production with the highest profit margins available only to luxury brands.This combination has resulted in a company that has massive profits, and the most valuable company in the world.This demonstrates the value of finding a way to appeal to irrational urges and instincts, like status and mate-worthiness, in your marketing and product design.Learn how Apple was able to pull this off, and what it means for how you can achieve massive margins in business, on this episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“The more for less business strategy is usually the company that is the most valuable in the world” - Scott Galloway(click to tweet)Points to Keep In MindIn the modern age, we don’t tend to depend as much on a superbeing “God” for answers, but we still have anxieties, so Google is now filling that roleGoogle is our modern-man’s GodFacebook taps into our need to love and be lovedThe number one indicator of your chances to make it to 100 is the number of people that you loveOur instincts, ever since we emerged from caves, is more. We always want more, because the penalty for less was deathThe more for less business strategy is usually the company that is the most valuable in the worldApple is the new signal that you have good genes, and are a good mateApple has been able to pull off the impossible: It can secure components for the lowest price, and then charge the highest price for itBecause Apple taps into our irrational urges, it is the most profitable company everTaiLopez.com/TheFourSee omnystudio.com/listener for privacy information.

“See life as an adventure, rather than an accomplishment” - Tai Lopez(click to tweet)This week, we had powerhouse guests on, talking about the practical things you need to know to be successful in business and life in general.On this best of the week episode, we’re talking about how to become a faster reader, how languages help you and how to learn them faster, why it’s better to view life as an adventure rather than a list of accomplishments, why you should set your identity as a lifelong learner, and how to choose the best business to go into online and then be successful in it.Learn all of the above, plus so much more, on today’s episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“It’s better to be rich than to be right” - Tai Lopez(click to tweet)Points to Keep In MindScan at least 3 words at a time, to read faster with better comprehensionUse a pacer when reading, and set the pace for your eyes to followYou will make more money if you know more languagesIf you have children, one of the best gifts you can give them is an education in different languages while they’re youngTotal immersion, without all of the rules, etc, is the best way to learn a languageTo learn something, it has to feel importantSee life as an adventure, rather than an accomplishmentYour goal is not always to be right, your goal is to figure out what is right no matter what it isIt’s exhausting to work on something that you’re not passionate aboutA business partner is like a marriage, so you need to very carefully vet anyone you are considering bringing on as a partnerIt’s better to be rich than to be rightApproach life with the idea that you can learn to do anythingMentors are essential. Learn from them instead of trying to reinvent the wheelWorking hard is only 25% of the formulaTools are essential to the process of making money onlineTeaching people how to do things, and how to make money doing those things, is one of the easiest and fastest ways to start making money onlineA lot of people take for granted what they do for their job, when there are actually more ways to make money with it than you may be thinking ofIf there are no competitors for your business, it might be because there is no demand for itA lot of times, it’s a good idea to choose a market where there are competitors, but you know what differentiates youSee omnystudio.com/listener for privacy information.

“Always stay intellectually curious” - Naveen Jain(click to tweet)The saying goes, “you can lead a horse to water, but you can’t make it drink,” to demonstrate that if someone doesn’t want or is unwilling to do something for themselves that would be good for them, there is little you can do. But if you focus your efforts instead on how you make the horse thirsty, you’ve solved the problem.This thirst is what Naveen Jain says anyone who wants to be successful needs to cultivate. It is intellectual curiosity, and a desire to constantly learn, and it is what separates the greats, those who are super successful, from the rest.If you want to be successful, you need to cultivate inside yourself this desire to learn. Find out how billionaire Naveen Jain learns every day, on this episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“As an entrepreneur, your jobs is not to focus on where the world is now, but where you want it to be” - Naveen Jain(click to tweet)Points to Keep In MindGoogle everythingAlways stay intellectually curiousLearn based on the future more than the presentAs an entrepreneur, your jobs is not to focus on where the world is now, but where you want it to beInstead of leading someone to water or making them drink, consider instead what would happen if you just made them thirstyIntellectual curiosity is that thirstEvery time you read something, it’s like connecting a dot, and sometimes you don’t see the picture until the last dotThink of the life of an entrepreneur as a heartbeat: When it’s smooth, you’re deadThe only time you fail in life is when you give upSee omnystudio.com/listener for privacy information.

“Beauty can function somewhat like an irrationally exuberant market bubble” - Richard Prum(click to tweet)The evolutionary view of beauty has traditionally been that humans evolved a sense of what was beautiful based on practically. We’re often taught that things like the waist to hip ratio are a long-ingrained sign of fertility to men, which is why we find them attractive.My guest today, Richard Prum, has a different view. He says that beauty can be viewed more as an “irrationally exuberant financial market bubble.” In other words, it’s not so cut and dry, and natural selection has led each of us, within our own cultures, to develop a sense of what we consider attractive, not dependent on the practicality of evolutionary considerations.What do you think? Let me know! Leave a rating and review in iTunes, and tell me your thoughts in the review!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Beauty is a social contrivance. It’s invented by us” - Richard Prum(click to tweet)Points to Keep In MindCertain aspects of science seem to be completely unexplainableBeauty can function somewhat like an irrationally exuberant market bubbleBeauty is a social contrivance. It’s invented by usHumans are evolved to be satisfied, and to find satisfying relationshipsThe evolutionary idea of beauty being practical neglects some of the concepts of natural selection in the human animalIn society, it could be argued that it is actually women who are defining the idea of beauty more than menThe idea of machismo and dominance as the core of attraction is deeply flawed and a cause of unhappinessGet in touch with the idea of what it means to be really caring for your partnerHuman diversity is a result of the diversity of mate-choice, therefore standards of beauty can be far different across culturesThe men who are most attractive tend to be socially attentiveSee omnystudio.com/listener for privacy information.

“The true definition of “luck” in this modern age is learning early” - Tai Lopez(click to tweet)To determine the financial value potential of something right now, there is a simple formula: Future value = present value of future revenue. This is the formula that you can use when examining business ideas and opportunities, when looking into investments, and all other areas of financial potential.Today, I am talking about that formula, as well as why apartments are one of the lower risk real estate opportunities, the 2 ways you make money, how to monetize a brand beyond normal operations, why life is like poker, 3 ways to start a side hustle, why haters hate, why mindset is the main thing holding people back, and what the butterfly effect means for the importance of the little decisions you make everyday.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Think about life like poker: You don’t have to win every hand, just don’t go all in when you have a bad hand” -Tai Lopez(click to tweet)Points to Keep In MindIn the long term, something is worth: Present value of future revenueAsk yourself: How much would you pay today to have a future revenue?Apartments allow you to diversify your future revenue2 ways you make money in anything:Capital appreciationCashflowIf you build a brand that is recognizable and has good connotations with it, you can make money through licensing deals without actually running the businessThe true definition of “luck” in this modern age is learning earlyThink about life like poker: You don’t have to win every hand, just don’t go all in when you have a bad hand3 ways to start your side hustle:Look at the skills you already have instead of trying to get new skillsDon’t just have an idea. Go from idea to offerLaunch before you think you’re readyA lot of ideas cannot be validated until you actually do themAt the end of the day, we’re all going to the grave at around the same pace, but some people go their with a more happy life than othersHaters are usually just projecting their own insecurities on othersToo many people want to remove all insecurity from life, but that is simply not possibleLife goes through the process of seasons, so expect the changesYou have to be 100% convinced and sold on your own product to be good at salesMindset is the main thing holding most people backJust as a butterfly flapping its wings can start a hurricane, very small bad decisions in your life can lead to terrible consequences down the roadLikewise, small intelligent decisions can help you in incredible ways down the roadYou must structure fun and entertainment in your life to stay motivated in the long runSee omnystudio.com/listener for privacy information.

“Your goals and prizes should be tangible” - Tai Lopez(click to tweet)Very few people understand the the risk/reward bias in human brains, and how it can hold you back from achieving what you want to achieve.Many people have an inaccurate understanding of the amount of pain, or work, that it will take for them to achieve their goals, as compared to the amount of happiness it will bring them when they finally do achieve those goals.This is why humans procrastinate.If they really understood the value, to them, of achieving what they were striving for in all its detail, they would not procrastinate but would be motivated to do the amount of work necessary to achieve that goal.This episode shows you how you can change that subs-conscious misunderstanding in your own life, to help you overcome the instinct to procrastinate, and rather get down to work creating the life of your dreams!Also, make sure to checkout the Tai Lopez Flash Briefing on Alexa!“Change your perception of the reward/pain ratio, and understand how worth it the pain is” - Tai Lopez(click to tweet)Points to Keep In MindYour goals and prizes should be tangibleThe best way to avoid procrastination is to stop thinking about the work, and start thinking about the thing you wantPeople’s tendency to procrastinate comes from a misunderstanding of the pain to reward ratioFind a way to really see, and keep constantly on your mind, your goals and the reason why you are working hard to achieve themDon’t make things too complicated with different theories, ideas and techniques. Just focus on the end gameChange your perception of the reward/pain ratio, and understand how worth it the pain isBuild associations with rewards for the work that you doDon’t focus as much on the process as compared with getting down to real, hard workSee omnystudio.com/listener for privacy information.

“Spend at least a couple hours per day really thinking through what you’re doing in your life” - Tai Lopez(click to tweet)Unintended consequences often negate the good that a regulation or ruling in government is trying to do. In fact, often the problem that was supposed to be solved is simply magnified through the unintended consequences, and the same thing can be true for your life.That is why I believe that entrepreneurs, and really everyone else as well, need to learn game theory, to understand the various ways in which their decisions will affect other people’s decisions, thereby potentially changing the outcome, and sometimes reversing the good you were trying to do with the decision in the first place.Listen to this episode to learn more about game theory and how it can apply to the decisions you make.Also, make sure to checkout the new Tai Lopez Flash Briefing on Alexa!“In the modern world, you need to be careful not to be overstimulated” - Tai Lopez(click to tweet)Points to Keep In MindA lot of regulations have unintended side effects that must be consideredFor every action, there is an equal and opposite reactionHumans have a desire to simplify complex topic to understand them, with the result often being that the wrong conclusion is reachedMother nature always laughs lastEntrepreneurs need to understand game theoryAlways consider how your actions will be perceived by others, not just the immediate impactThe current education system encourages students to pump information into their brain and then dump it out once they finish the testIn the modern world, you need to be careful not to be overstimulatedSpend at least a couple hours per day really thinking through what you’re doing in your lifeThe human body is built to do HIIT: High Intensity Interval TrainingIt’s always better to sell to the willingSee omnystudio.com/listener for privacy information.

“Diversify who you learn from” - Tai Lopez(click to tweet)No matter how important you think that networking is, you’re probably underestimating the real value of it. It’s so valuable that you almost can not place enough importance on it. But the way that you network is incredibly important. There is a right way and a wrong way, and on today’s episode I’m telling you what the right way is so that you get the most out of this essential aspect of business.First of call, don’t worry about email, get phone numbers whenever you can, so that you can text with people. In 2017, texting is where the attention is, and so that is where you should be too.Listen to the rest of this episode to get all 7 steps to becoming a better business networker.“A certain minimum amount of extroversion will make you happier” - Tai Lopez(click to tweet)Points to Keep In MindIt’s not what you know, it’s who you knowA certain minimum amount of extroversion will make you happierIf you isolate yourself too much, you will not be as happy as you could beIf you want to make money, you’re going to have to network even if you’re an introvertDiversify who you learn fromAlways hire people who have skills that you can’t teachOrganisms that only learn through trial and error tend to die outAnyone who is hard to talk to is probably not worth talking toThink of yourself as a goldminer, going through life looking for the nuggets of truth you can find from anyoneThe 7-Steps to Better Business NetworkingRealize that you are underestimating the power of business networkingIf you are not good at networking, attach yourself to someone who is good at itGet phone numbers instead of emailsDon’t be crazy about follow upsFollow the reciprocation rule: Speak their language, respect the way that they communicate, and follow those general rulesLeave them hungry for more of you. Don’t be afraid to let them be the last person who texted youGo to places that are somewhat unexpected for who you are and what you do. Try to cross-pollinate. Focus less on what the event is, but more on how sharp the people areSee omnystudio.com/listener for privacy information.

“We are sponges. Find a mentor and get inspired by hanging around that person.” - Tai Lopez(click to tweet)A productive daily routine is difficult to achieve.We all wake up in the morning, check our phones, and then go about our days doing the best we can. But then we finish our day and go to bed thinking: was that really the best I could do? Your daily life should be composed of tasks dedicated to either maintaining the life you’re living or trying to improve your life for some future date. If you’re disappointed with your daily routine, it’s because you aren’t attending to this rule. And if you believe you are, some trait is preventing you from seeing the picture clearly.On today’s episode of The Tai Lopez Show, we are taking a close look at productivity. How can you squeeze the most juice out of your day? The first step is to be honest with yourself. Self-deception will disguise laziness as procrastination or stubbornness as ‘your opinion.’ So, before listening to this podcast, take a second to check your ego at the door and get ready to make the changes required to take your daily routine to the next level.Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“We are born with animal brains. We only care about the now, and we are bad at planning for the future. The school system does not teach us how to rewire this. So now it’s your responsibility.” - Tai Lopez(click to tweet)Points to Keep In MindStudies show using analog is more effective than digital, so use notepads to write down tasks, to-do’s, and ideas and use apps like Evernote to take pictures/back upBe methodical; K.I.S.S. - Keep It Short and SimpleGet a PC with ergonomic keyboard and mouse; Macbooks are not made for productivityPay attention to how you spend your time at workRecognize the greats and take notes of what they do to get to their levelAll problems are rooted in stubbornness: sensitivity, sensual, stupidity, and self-importancePrevent injuries; Lebron James spends $1 million/year on his body; spend the $10 on a mousepad that prevents carpal tunnel syndromeSpecify what message you are replying to in messaging tools like WhatsApp or iMessageConscientiousness is most important, defined as a combination of organization, diligence, prudence, and perfectionismSpend 30 minutes to 1 hour organizing your dayHack your reward system by rewarding yourself for accomplished tasksYou can’t enable progress without creating monotonous maintenance routinesAsk yourself what are your bad brain habits and then figure out how to rewire themParents love you because they see themselves/their DNA in youIn the morning, a) look at the big picture/scan your emails, b) then methodically go through your emails, c) write down a priority listAnd at the end of the day, a) figure out what you’re doing wrong, and b) write down a short hypothesis on how to fix thatFind a mentor and get inspired by hanging around that personNo good habits are formed from people being nice to youPowerful people take power naps, set a timer for 18 minutesSee omnystudio.com/listener for privacy information.

“You don’t necessarily want to start with your best idea, because it will be your worst execution. Just start something!” - Tai Lopez(click to tweet)David Mills has made $40 million off of his internet business, and currently makes $11,000 in pure profit per day online, so today I am talking with him about how exactly he was able to accomplish all of that, so that you can learn from it and achieve those same kinds of results in your own business.A lot of today’s episode is about SEO, which stands for Search Engine Optimization, and is absolutely essential if you want to generate organic traffic from Google. If you master SEO, you will always have free traffic to your business, which means you will not need to spend as much on paid traffic, which is how you can increase your profit margin.Learn on this and more, on today’s episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Only about 1% of entrepreneurs understand how important organic traffic is” - Tai Lopez(click to tweet)Points to Keep In MindEven if your website is terrible, find a way to go through the full process of getting it up, so you know how to do itYour first attempt will always be the worstYou don’t necessarily want to start with your best idea, because it will be your worst execution. Just start something!Only about 1% of entrepreneurs understand how important organic traffic isOne of the best places to hide a dead body is on page 2 of Google. You have to be on page 1Whatever you are selling, try to buy a domain name that matches a few of the words people will be typing inYou need to get links to your website from other websites around the content of your websiteReach out to the top 20 websites, and offer to swap interviews with themPractice reading with something that is making you read faster and fasterWhen you’re practicing something, you have to let go of being a master of itIt’s been proven over and over again that you will make more money if you know more than one languageLearning language needs to be conversational, and full immersion is the bestYour brain can learn an incredible amount, but you have to show your brain subconsciously that it is importantTo make money online, sell a simple product that you use everyday, and you know how to improveYou don’t have to be intimidated by SEOSee omnystudio.com/listener for privacy information.

“Start marketing by giving away things for free” - Travis Rosser(click to tweet)Business ideas are everywhere, if you know where to look for them. Today, we’re talking through some business ideas that can get you up and earning money online fast.The key is to take either your profession or your passion, educate people around it, build an online course, ideally include a business component to it (like how to earn money doing whatever you are teaching), and then sell and host it through a platform like Kajabi.Using this formula, you can get setup earning passive income fast. Get all the details on today’s episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Most people will not be paying customers, so the top of your funnel needs to be wide” - Tai Lopez(click to tweet)Points to Keep In MindYou can turn your profession or your passion into a businessTo market, just get out into the world and be yourself!If people think they know you, they will buy from youStart marketing by giving away things for freeMost people will not be paying customers, so the top of your funnel needs to be wideIdeally, you want to be in a space where there is some demand, but you can also create a monopolistic effectSee omnystudio.com/listener for privacy information.

“Have a varied strategy to life” - Tai Lopez(click to tweet)Live your life with the constant idea in the back of your mind of what you want written on your tombstone when you die. We all die sometime, some sooner than others, and you simply cannot predict what will happen to you, and how much time you have left.This is why, regardless of your age, you need to be committed to sucking everything you possibly can out of life. Live it to the fullest, don’t let fear or doubt hold you back, and live in such a way that you can be confident that you will not die with regrets, but knowing you got the most out of your life.“Stress-reaction is one of the most important success factors in your life” - Tai Lopez(click to tweet)Points to Keep In MindDon’t be predictable in your approach to lifeHave a varied strategy to lifeConflict resolution is extremely powerful, and you must become a master of conflict resolutionStress-reaction is one of the most important success factors in your lifeLearn from different people, to get a varied viewpoint on lifeDiversify how you learn so that you can learn different things from different peopleStudy experts in their field. These are not always the loudest, but look for the most qualifiedThink of your tombstone when it comes to deciding what kind of life you wantSee omnystudio.com/listener for privacy information.

“If the PC changed the world. And then the Web changed the world. And then mobile changed the world. Then augmented reality is exponentially bigger because all of those feed into it.” - Jay Samit(click to tweet)It wasn’t just the miners who got rich during the Gold Rush.It was the apparel companies, the shovel manufacturers, the restaurants and bars in the area; with any trillion dollar industry comes the opportunity for many million dollar businesses to pop up. Augmented reality is the next trillion dollar industry, and it’s time you carve out your portion of the pie.On today’s episode of The Tai Lopez Show, we are joined by Jay Samit, the bestselling author of Disrupt You! to educate us on how to disrupt the augmented reality world. He is the Independent Vice Chairman of Deloitte, and his experience in technology spans across many different industries. His insights on how technology disrupts industry will help you carve out your million-dollar niche in augmented reality before anyone else does.Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Every month there’s a new self-made billionaire. They didn’t go to the right schools, they don’t come from the right families, but they are looking at how the world changes and how to seize an opportunity from that change.” - Jay Samit(click to tweet)Points to Keep In MindPick a competitor-free industry and stake your claim as the world’s expertWhen dinosaurs fight for turf, be the mammal that sneaks in and carves out a cornerAugmented reality isn’t just about adding to the environment, it’s about subtractingExamples of new AR technologies: software that can tell if a person’s gait is suspicious or if body temperature is high/at risk for ebolaBig opportunity with AR to bypass employee training and equip new-hires with technology that makes them a professional (ex: electricians)Lots of opportunity in the UI/UX of AR-technologiesMoore’s Law says the price of AR or any tech will halve each yearAR integrates perfectly with cryptocurrency  See omnystudio.com/listener for privacy information.

Buy Scott’s book “The Four” and his others here.“Old media has basically been co-opted into being the investor relations PR department for big tech” - Scott Galloway(click to tweet)Scott Galloway is here today to talk about his new book “The Four,” which discusses the major four tech companies, Apple, Google, Amazon, and Facebook, and the ramifications of the world we live in.In the process, we talk about how marketing works in today’s information economy, why irrational urges are the best space to work in because they provide massive margins, how Google has come to replace God in our lives, and why the more boring, less sexy industries are often the best opportunities to make good money.Learn about all of that and more on this episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“The question we have to wrestle with is: Is what is good for the consumer always good for society?” - Scott Galloway(click to tweet)Points to Keep In MindAmazon does a very good job of dominating the news cycle with features announced carefully for this purpose, sometimes more for the purpose of the PR than for the feature itselfOld media has basically been co-opted into being the investor PR department for big techTraditionally, companies would try to under promise and over deliver. Because of the current news cycle, the reverse is the case with big techThe big four tech companies are getting to the point where they are starting to effectively replace religion in our livesBig tech is bringing very complex moral questions with it80% of our phone time is spent in app, and 6 of the top 10 apps are owned by one company: FacebookMost of the money spent on advertising is with big tech companiesAs tech does better, it lowers prices, the reverse of the trend we see in traditional companiesPeople now look to Google for truth, rather than traditional sourcesThe question we have to wrestle with is: Is what is good for the consumer always good for society?We’ve had job destruction in the past, we’ve just never had companies as good at it as big tech is todayOur evolutionary instinct is to want more, because lack causes starvation. But in the current first-world dynamic of plenty, this has some unintended consequencesIrrational urges on the part of the consumer can lead to massive marginsMore households have a recurring revenue relationship with Amazon Prime than voted in the 2016 presidential election or have a landlineBrands may need to start to open stores to maintain their irrational marginsThe more boring the industry, the higher the potential ROITaiLopez.com/TheFourSee omnystudio.com/listener for privacy information.

“You should be testing at least 17 things per day if you can” - Tai Lopez(click to tweet)Are you experimenting every single day?A lot of people either don’t like to experiment, or don’t think to. But, in reality, experimentation is the only way that you can take the guesswork out of your decisions.If you have been working on a decision, and trying to figure out which is the best way to go with something, you need to find a way to break the components of the decision down into experimental aspects, and then measure the results.You should try to do at least 17 different small experiments every single day.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Experiment and test every aspect of your life, and measure the results” - Tai Lopez(click to tweet)Points to Keep In MindYou should be testing at least 17 things per day if you canExperiment and test every aspect of your life, and measure the resultsWhen you experiment, you will be surprised at the small things that will actually make a difference in your lifePeople lie, but numbers don’tIf you think or say you’re smart, prove itAny attack on your current states is not an attack on your person. Use it as an attempt to mold who you will be in the futureSee omnystudio.com/listener for privacy information.

Get your FREE guide, “Seven Key Strategies to Grow your Profits” from NetSuite by visiting NetSuite.com/TAI“Motivation is essential to success, but you need to LEARN how to motivate yourself” - Tai Lopez(click to tweet)Motivation is required for success. It’s as simple as that. But while most people understand this truth, few people take the time to learn how to motivate themselves effectively and well. People learn a few of the things that motivate them, like money, or relationships, or achievement, and they put all their energy into that one aspect.But below I’m outlining the 17 different aspects of what motivates you, and how you can use them to achieve more.In all of this, it’s importance to have balance. Too often people get all caught up in one or two of the below, and put 90% of their effort into those things. Instead, work on spreading these out evenly in your life, around 5% or so for each, to make sure your life is as fulfilling and happy as possible.“The secret to being able to change is understanding why things are the way they are” - Tai Lopez(click to tweet)Points to Keep In MindMotivation is essential to success, but you need to LEARN how to motivate yourselfLife is about doing and enjoying stuffThe secret to being able to change is understanding why things are the way they areEverything in life is a trade-off of some good and some badOne of the most painful things in life is not being able to make sense of what happensALL 17 of the below things must be experienced to feel fulfilledDon’t focus on any single one of the below things. Work for a mix of all 1717 ReasonsAmbitionAchievement: Accomplish difficult tasks, overcome obstacles, and become an expertRecognition: Be recognized for what you doExhibition: Impress others with your actions or wordsMaterialismAcquisition: It’s ok to have some materialistic goals. Use it as motivationOrder: Make things clean, neat, and tidyRetention: Hoarding things- within balanceConstruction: Build some things, get your hands dirtyDefense of StatusInfavoidance: Concealing a handicap or a failingDefense: Defend yourselfCounteraction: Make up for failure by trying again, have prideHuman PowerDominance: Control one’s environmentDeference: Admire a superior person, praising and yielding to themAutonomy: Breaking free from constraintsContrarience: Being oppositionalAggression: Forcefully overcome an opponentAbasement: Surround and submit to others, and accept punishmentBlame Avoidance: Shifting and stifling blame-worthy impulsesHarm Avoidance: Desire to avoid harmInfavoidance: Avoiding being humiliated or embarrassedAffection Between PeopleAffiliation: To be close and loyal to another personSex: To form relationships that lead to sexual intercourseRejection: Reject certain people and thingsNurturance: Help the helpless, feed and keep them from dangerSuccorance: To have one’s needs met by someone elsePlay: Have fun, laugh, and relaxExchange of InformationSentience: Seek out and enjoy sensual experiencesCognizance: Understand, be curious, ask questions and find answersExposition: Deliver information to othersSee omnystudio.com/listener for privacy information.

“The thing about e-commerce and dropshipping is you can do it part-time. You don’t have to quit your job.” - Tai Lopez(click to tweet)We all have full-time jobs.They provide us with a regular paycheck and health insurance. The side hustle is the thing that, once big enough, will replace your full-time job. And dropshipping is the perfect side hustle to get you to that point where you can finally work for yourself.On today’s episode of The Tai Lopez Show, we are joined by two fans who have successfully made this transition with an online dropshipping business. By directly targeting their customers using Facebook ads, they are able to successfully convert online traffic into paying customers. The secret to this is that there is no secret. Tune in right now to launch a dropshipping business or take your currently existing operation to the next level!Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Don’t try to sell something you would buy.”(click to tweet)Points to Keep In MindYou don’t need a big social media following to sell onlineYou won’t instantly make the money you want to makeSave $15k-$20k before quitting your jobDon’t sell something you would buyThink outside the boxUse Shopify to sell onlineIt’s okay to ‘waste’ about $2,000 in Facebook Ads in the beginningGet free browser Chrome extensions (ex: Facebook Audience Plus) See omnystudio.com/listener for privacy information.

Try ZipRecruiter FOR FREE at ziprecruiter.com/tai“The #1 reason small businesses fail is because of overfunding.” - Daymond John(click to tweet)We all want to be more productive.After our morning coffees, we have great ambitions for the day. And at the end of the day, we are disappointed with not reaching our morning’s goals. The trick to productivity is diagnosing where you go wrong during your day and fixing it. From becoming more selfish to giving yourself praise to working smart vs. working hard, there are many strategies you can integrate into your daily routine.On today’s episode of The Tai Lopez Show, we are joined by Daymond John. He is most well-known for his appearance on the hit show Shark Tank. As a teenager, he started the hip hop-inspired clothing line FUBU, while working his job at Red Lobster for $30,000/year. In this interview, we hear his insights on entrepreneurship, productivity, and what money actually means. He is the author of Rise and Grind. Tune in to hear his insights and take your daily hustle to the next level!Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Obsession with your business is the same as obsession with your kid. You don’t look it as a daily job; you look at it as the process. You know you’re not going away, just like you know you aren’t giving your child up for adoption.” - Daymond John(click to tweet)Points to Keep In MindObsession is being focused on the process, not any sort of results2 ways to operate business: either reduce costs and/or increase sales3 ways to deal with customers: buy new one, upsell current one, or make one buy more frequentlyRead The Power of Broke to learn how money is a superficial highOver 60% of Forbes 1000 are self-made men and womenThe #1 reason small businesses fail is because of overfundingThe people who tell you to quit your day job are selling insecurityMoney is a great slave and horrible masterIf you have to take a vacation from your job, you shouldn’t go backBe careful of the email inbox trap where you are focusing on fixing other people’s problems and not your ownRead The Everything Store to learn the story behind AmazonThe top 10 richest men have more money than the bottom 3.5 billion combinedProductive people are selfish, give praise to themselves, and meditate on their goalsAn entrepreneur questions the system and everything around themSometimes being born into wealth is a disadvantage See omnystudio.com/listener for privacy information.

“If people are high in narcissism they feel entitled to a larger slice of the pie.” - Dr. David Buss(click to tweet)If you haven’t heard of it before, there’s something called the dark triad. It’s a test that analyzes your exploitative personality traits: Narcissism, Psychopathy, and Machiavellianism. These traits seems to be on the rise in today’s society.In fact Tai had models who auditioned for his clothing line take the test, and had his staff not call back anyone who scored more than a 60%. As a result they had to turn away 70% of the models, which is much higher than normal.On this episode of The Tai Lopez, Tai and Dr. David Buss dive into what is making these exploitative traits increase. Download this episode today to see what is contributing to this epidemic.In the year 1900 90% of society lived in rural or small villages. Today it’s switched.(click to tweet)The Cliff Notes:The dark triad has increased in recent years.Narcissism is not being able to see other people’s side and feeling entitled.Machiavellianism is being two faced.Psychopathy is a lack of empathy.In 1900 most people lived in small societies, now most people live in big cities.In cities people can escape consequences.Social media is bringing light to the narcissism today.People in the midwest are less likely to be narcissistic.“Living in cities eliminates the reputational damage associated with exploitative strategies.” - Dr. David Buss(click to tweet)Links:“Evolutionary Psychology” by Dr. David BussSee omnystudio.com/listener for privacy information.

Get your FREE guide, “Seven Key Strategies to Grow your Profits” from NetSuite by visiting NetSuite.com/TAI“Practical intelligence is the most important kind of intelligence” - Tai Lopez(click to tweet)The skill of the making good decisions is one of the most important skills to master in your life. There are several ways to go about it, but one of the best strategies is to look at the different courses, and ask which way has the most potential for regret, and then take the other one.Regrets are one of the worst things you can have, so if you live you life with an eye towards always looking for the way to have the least of them as you get older, you will be happy with your decisions as you go.“Use the idea of regret minimization to make decisions: Go the way that will leave you with less regrets” - Tai Lopez(click to tweet)Points to Keep In MindPractical intelligence is the most important kind of intelligenceYou should never take one side of an argument without being able to argue the other side as wellThe more important, the less intelligent and objective we becomeUse the idea of regret minimization to make decisions: Go the way that will leave you with less regretsThe number one regret of most people when they get older is not spending enough time around the people they loveAlways ask what the downside is to every decision, and go for the one with the lease downsideSee omnystudio.com/listener for privacy information.

“If people like your vibe, they will be likely to buy from you” - Tai Lopez(click to tweet)To be successful in anything in life takes an ability to sell, or more generally to be persuasive. Whether your focus is business, or even if you’re simply deciding where to go out tonight and have to convince your friends of your idea of where to go, you’re going to be selling.Today’s episode digs into the specific techniques in sales that will take you from not knowing what you’re doing and having a low level of persuasion, to having the ability to effectively persuade others, and so be able to lead your best life and see the success you are desiring in it.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Enthusiasm will go a long ways in sales” Tai Lopez(click to tweet)Points to Keep In MindGood salespeople start with questions, bad salespeople start with featuresYou can’t sell the solution if you don’t know what the need/problem isKeep the prospect talking as much as possiblePeople hate silence on the phone, if you leave silence, people will start to reveal more and more about themselvesChoose which “frame” you want to use to show why someone should buy from youSalespeople have to have incredible amount of positiveness in their attitudeEnthusiasm will go a long ways in salesEven genius people are not super logical. You have to appeal to emotionsIf people like your vibe, they will be likely to buy from youSee omnystudio.com/listener for privacy information.

Try ZipRecruiter FOR FREE at ziprecruiter.com/taiGo to stamps.com and click on the microphone at the top of the homepage and type in "TAI" to get a 4-week trial plus free postage and a digital scale without any long-term commitment. “You have to be able to see possibilities before you pursue possibilities” - Tai Lopez(click to tweet)Your potential will be what you decide it is. The reality is that what holds most people back is their own mindset. If you think you have unlimited potential, within your circle of competence, you really do have unlimited potential within that circle.The circle of competence refers the range of things that you are really competent in. For instance, if you are not at all naturally athletic, you do not have unlimited potential in athletic pursuits. But provided you have a certain level of competence within a pursuit or skill, your potential is probably only being limited by what you mindset is.So increase the range of your mindset, and what you believe is possible for you to achieve. As you do that, you will see your results begin to increase in kind.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“About 90% of the world only operates at 10% of their potential” -Tai Lopez(click to tweet)Points to Keep In MindYou have to be able to see possibilities before you pursue possibilitiesAbout 90% of the world only operates at 10% of their potentialNothing happens unless you, at some point, really believe it is doableThere are a lot of things that are required to live a good life, but money is one of the most measurableSee risk as opportunityLook for balance in your work life70% of billionaires did sales. It’s a great early educationMost of society is not ready or willing to learnYou have to believe it is possible before you can achieve itEach thought starts to create a groove in your mind. As you continue to think negative thoughts, you reinforce bad mental habits that will keep you downYour mental frameworks of thought will define what is really possible for youYou are not entitled to a good life, just the pursuit of a good lifeIf you solve problems, you will make money. The harder the problem you solve, the more money you will makeUnderstand your audience, and make an impression on themUp your vocabulary to seem smarterWhatever you can conceive, within your circle of competence, you can achieveFind what’s working, and then double downObstacles are the sign that you’re about to make big moneyAnything that is easy will likely not make much moneyMake up for problems with volumeYou will always have a job of you are not afraid of the phoneSee omnystudio.com/listener for privacy information.

“Why does life have to be about going from one pleasant experience to another?” - Tai Lopez(click to tweet)This week was all about learning how to live the best life you possibly can, on your own terms. This means thinking through very carefully what that specifically means for you, what is most important to you, and what you would like written on your tombstone, and then optimizing your entire life around that end-goal.We also talk about the science of making decisions, why the modern world’s endless possibilities actually paralyzes our decision-making ability, why and how to cross-pollinate in business networking, and much, much more, on this episode of the Tai Lopez Show.Don’t forget to checkout Tai’s Daily Flash Briefing on Alexa.“Organisms that only learn through trial and error tend to die out”(click to tweet)Points to Keep In MindWrite the outline of your autobiography up until now and be honest: Would anyone want to read it? If not, you might need to make some changesUse the above biography test regularly to evaluate your decisionsThe modern lifestyle gives us so much convenience that it’s almost like the life is sucked out of itKnow where to go to business network: Go to somewhat unexpected places for who you are and what you doTry to cross-pollinate with other business in networking and learningGo to places and categories where the smartest people areTo grow any physical business, make sure you get out to meet people in different categoriesOrganisms that only learn through trial and error tend to die outKnow what you want out of life, and optimize your life aggressively around that goalYou must understand the psychology of people, and know how to read them, if you want to be able to make moneyLook for people that compliment you by having strengths that are different than youDiversity is essential in the workplace for enough variety of background to be effectiveHire people who have characteristic you don’t know how to trainSee omnystudio.com/listener for privacy information.

Get your FREE guide, “Seven Key Strategies to Grow your Profits” from NetSuite by visiting NetSuite.com/TAI“Spend at least a couple hours per day really thinking through what you’re doing in your life” - Tai Lopez(click to tweet)Unintended consequences often negate the good that a regulation or ruling in government is trying to do. In fact, often the problem that was supposed to be solved is simply magnified through the unintended consequences, and the same thing can be true for your life.That is why I believe that entrepreneurs, and really everyone else as well, need to learn game theory, to understand the various ways in which their decisions will affect other people’s decisions, thereby potentially changing the outcome, and sometimes reversing the good you were trying to do with the decision in the first place.Listen to this episode to learn more about game theory and how it can apply to the decisions you make.Also, make sure to checkout the new Tai Lopez Flash Briefing on Alexa!“In the modern world, you need to be careful not to be overstimulated” - Tai Lopez(click to tweet)Points to Keep In MindA lot of regulations have unintended side effects that must be consideredFor every action, there is an equal and opposite reactionHumans have a desire to simplify complex topic to understand them, with the result often being that the wrong conclusion is reachedMother nature always laughs lastEntrepreneurs need to understand game theoryAlways consider how your actions will be perceived by others, not just the immediate impactThe current education system encourages students to pump information into their brain and then dump it out once they finish the testIn the modern world, you need to be careful not to be overstimulatedSpend at least a couple hours per day really thinking through what you’re doing in your lifeThe human body is built to do HIIT: High Intensity Interval TrainingIt’s always better to sell to the willingSee omnystudio.com/listener for privacy information.

“To be good in business, you have to be able to listen carefully and read people” - Tai Lopez(click to tweet)Stubbornness is a primary reason for most people’s inability to achieve what they want, and be successful on their own terms. When you are stubborn, you limit your opportunities. But the truth is that really good opportunities do not come around too often in life, so if you really want to be successful you have to seize them when they do, and take full advantage of them.In addition, a lot of people are completely unwilling and even unable to see their own faults, because of their sensitivity to input and correction from others. When you are corrected, but all you can see or feel is how hurt you are that someone else doesn’t think you know everything, you are setting yourself up for failure.Listen to this episode to hear the 3 reasons most people fail, and how you can avoid them, to achieve great things in your life.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“If things change, you acquire new evidence, you need to change and not be stubborn” - Tai Lopez(click to tweet)Points to Keep In MindThe number 1 reasons people aren’t successful is because they are stubborn and unable to changeTo be good in business, you have to be able to listen carefully and read peopleMost people are completely unwilling to change their routineIf things change, you acquire new evidence, you need to change and not be stubbornBy being stubborn, you limit your opportunitiesDo not be overly optimistic. Very few lives are full of opportunities, so seize them when you doMany people are overly sensitive to advice or correctionSee omnystudio.com/listener for privacy information.

Try ZipRecruiter FOR FREE at ziprecruiter.com/taiGet a month trial of Hims for just $5 today right now while supplies last. Go to forhims.com/taiGet your FREE guide, “Seven Key Strategies to Grow your Profits” from NetSuite by visiting NetSuite.com/TAI“Good eating lifestyle is not a diet, because it’s not limiting. It’s a lifestyle” - Tai Lopez(click to tweet)The Gracie Diet is an eating lifestyle, developed by the Gracie family of Brazilian Jiu Jitsu fame, and designed to combine the correct foods with each other, to give you energy and health to accomplish what you want in life.But even more fundamentally, in this episode I talk about why it is important to be willing to experiment. Those who have done incredible things have always been willing to experiment, to try things out and see if they work, and whether that’s diet, lifestyle, habits, or anything else, everyone is different, and so experimentation is often the only way you can know if something is right for you specifically.“When starting a new lifestyle, take it slowly and in stages” -Tai Lopez(click to tweet)Points to Keep In MindThe fuel you put in your body is going to affect your performance in a powerful wayMost people don’t pay nearly enough attention to how certain foods make them feelMany people are guided almost entirely by the pleasure of eatingGood eating lifestyle is not a diet, because it’s not limiting. It’s a lifestyleMost people lack potassium in their dietEat fruit for dessertA 24 fast once per month is a great cleanseIf you write down everything that you eat, you will realize that you’re not eating the way you wantWhen starting a new lifestyle, take it slowly and in stagesMake sure you hang out with people who eat similarly to the way you want to eat, because it will affect you greatlyBe constantly willing to try out different things, to find out what works for youWillingness to experiment is extremely important to successTake naps“Willingness to experiment is extremely important to success” - Tai Lopez(click to tweet)See omnystudio.com/listener for privacy information.

 “When you’re trying to get people’s attention, speak fast. When you’re trying to get people’s trust, speak slow.” - Tai Lopez(click to tweet)Most of us are scared of public speaking.But that’s only because we have yet to have a good experience getting in front of an audience. The stage fright and perceived threat of embarrassment makes us content with staying inside our comfort zone.If we’re not careful, this level of content can persist throughout our lives, leaving us in a position of never facing our fears.That’s why on today’s episode of The Tai Lopez Show, we are breaking down the 5 rules of powerful public speaking. From mastering emotional transference to understanding the different levels of cadence, this toolset gives us a framework to reference the next time we get in front of an audience.Tune in to this episode, so you can start to cease the speaking opportunities that are presented to you!Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Humans, by their very nature, don’t trust other people.” - Tai Lopez(click to tweet)Points to Keep In MindUnderstand evolutionary psychology and risk-aversion to become a good public speakerSlow down your speech if you start to feel anxiety or nervousnessFind that balance between improvisation and preparation“Builder” personality-types like to listen to more structured speaking stylesMaster emotional transference, the act of transferring your strongly held beliefs to another perosnUnderstand that the only thing words are good for is transferring emotionsPursue your life with logic ahead of anything elseWhat makes you a great speaker is the same that makes you great at anything: practiceSee omnystudio.com/listener for privacy information.

Get your FREE guide, “Seven Key Strategies to Grow your Profits” from NetSuite by visiting NetSuite.com/TAI“Build on your strengths, rather than trying to get a different strength” - Tai Lopez(click to tweet)People are much closer to their side hustle than they think. A lot of people think that they need to acquire new skills in order to start a side hustle, but the reality is that most people already have a fantastic skill, probably several, that could be turned into a side hustle.Today, we’re talking with Chris Guillebeau about the 3 ways you can start building a side hustle immediately. Procrastination is the killer of hopes and dreams, so there really is no reason to wait, and Chris talks us through the 3 ways that you can start earning money on your own terms today.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think.“Procrastination is the killer of hopes and dreams” -Tai Lopez(click to tweet)Points to Keep In MindBuild on your strengths, rather than trying to get a different strengthEveryone's an expert in something, they just don’t always know itBrainstorm through the things you’re good at, write them all down, to organize your potential ideasGet things out in the world, even if you feel like it’s not ready, because you probably won’t ever think it’s readyProcrastination is the killer of hopes and dreamsSome of those closest to you will become the people who mess up your world the most, because the will externalize their own paranoiaDon’t project your own insecurities about yourself on other peopleIf you can come up with $100, you can change your life financiallyPeople are often looking for a way to remove all insecurity in their life, but that is the wrong goalUnderstand the cycles that will always come3 Ways the Average Person Can Start a Side Hustle1- Look at the skills you already have, rather trying to get a new skill2 - Don’t just have idea, go from idea to OFFER. The promise. How will this change your life?3 - Launch before you think you’re readySee omnystudio.com/listener for privacy information.

Get Honey for FREE at joinhoney.com/tai to save time and money with your online shopping!“It’s ok to be a little eccentric, but know where it becomes a problem” - Tai Lopez(click to tweet)As you go through life, you come to the realization that many people have serious psychological problems. Whatever metric or system you use to measure psychological issues, you will find that a very large number of the people that you run across exhibit those traits.But times reveals everything, so when it comes to deciding the people you will have relationships with, whether personal or business, give it some time. It’s easy for someone to pretend to be someone that they are not for a few weeks or a few months, but try to give it a year to make sure you know who they really are.Then, understand that everyone has a little weird in them. Everyone has a different mix of character traits, with desirable and less desirable aspects mixed in. Just make sure the weirdness doesn’t out-weigh the rest too much. Allow for the mix in your relationships, as long as it’s not overboard.“Three things that will mess you up: Pride, stubbornness, and being overly sensitive” - Tai Lopez(click to tweet)Points to Keep In MindProbably about 70% of people that you will run into have serious psychological issuesIf you don’t understand psychological issues, you might start second-guessing yourself and thinking that you’re the one with issuesThe dark triad is one way to understand psychological issues of varying degreesIt’s ok to be a little eccentric, but know where it becomes a problemThree things that will mess you up: Pride, stubbornness, and being overly sensitiveA lot of times pride expresses itself as angerOften, stubborn people come across as very nice, but do not act on adviceEverybody is allowed to be a little weird. Maybe 20%. Just not too muchThe first step in progress is massive awarenessBe careful about all new relationships. Time reveals all, so give it time to understand who people really areBe honest with yourself. Admit who you are and your weakness. And see if maybe you should get a pro to help you, and see a psychologistSee omnystudio.com/listener for privacy information.

Get a month trial of Hims for just $5 today right now while supplies last. Go to forhims.com/taiTry ZipRecruiter FOR FREE at ziprecruiter.com/taiGet your FREE guide, “Seven Key Strategies to Grow your Profits” from NetSuite by visiting NetSuite.com/TAI“When everything is unpredictable in your life, you’ll have no brain power left to innovate” - Tai Lopez(click to tweet)Making money with social media is a lot more doable than most people think. It comes down to having a good understanding of human nature, understanding the technology, and then testing and iterating.Today, we’re speaking with experts in all areas of branding, about the specific steps that are required to make money with social media. Whether you want to make money with your own social media accounts or by managing other people’s socials, this episode will show you the way forward.One last note: We’re up on Spotify! Make sure to head over to Spotify and listen to The Tai Lopez Show over there!“Be careful about making too much money too fast. You might not know how to handle it” - Tai Lopez(click to tweet)Points to Keep In MindIf you want to make money with anything in your life, you need to become a master of systemsWhen everything is unpredictable in your life, you’ll have no brain power left to innovateTo make money with social media, start by selling other people’s productsDo collaborations with other influencers to get started building your social mediaVlogging is the future on all social media platforms. Tell your storySmart work always beats hard work. But do bothPart of execution is strategyWhen something is good enough, launch it. Then, innovate and improve as you goIf you don’t launch with errors, you waited too longSpend 70% of your time on stuff that works now, 20% on things that you’re pretty sure will work but you’ve never done, and 10% on hair-brained, crazy ideasNever be the first, or last, to an ideaBe careful about making too much money too fast. You might not know how to handle itSee omnystudio.com/listener for privacy information.