Tai Lopez "Book Of The Day" Show

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“It’s not the smartest, but the most adaptable, who survive” - Tai Lopez

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Too many people are copying the wrong people. They don’t realize that you can almost never achieve 100% of the what the people you are emulating have done, so you need to overshoot by a lot, so that when you don’t achieve as much as they did, you still end up pretty well off.

This episode is about some of the best business models to emulate. Who you copy is extremely important, and I’m breaking down the different business models out there, the good and the bad, and whether you should be copying them or not.

 

“Go straight to the top: Learn from the very best” - Tai Lopez

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Points to Keep In Mind

  • It’s not the smartest, but the most adaptable, who survive
  • Spreading out and building multiple sources of income is the most powerful method of wealth creation
  • Go straight to the top: Learn from the very best
  • Seek out mentors who are so incredible that if you achieve just 1% of what they did, you will be happy with the result
  • Copy the best
Direct download: tai_lopez_-_Ep_2-27-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“If you don’t know how to use tools, it’s almost impossible to keep up with the competition” - Tai Lopez

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A lot of entrepreneurs have it backwards. They think that hustle is the goal, that hard work is something to brag about and even to strive for. The truth is that hustle and hard work constitute the input, while the goal of any business is to maximize output while simultaneously minimizing input.

This is the confusion that is so pervasive to the entrepreneurial community, and it is holding people back. The hardest working people in the world are, unfortunately, often also the poorest, so there is no correlation. While it is important during times and seasons to work very hard, this should never be the main goal.

“Humans got ahead mainly because of their ability to use tools, not because they worked harder” - Tai Lopez

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Points to Keep In Mind

  • If you don’t know how to use tools, it’s almost impossible to keep up with the competition
  • Sadly, the hardest workers in the world often make the least money
  • Humans got ahead mainly because of their ability to use tools, not because they worked harder
  • Hard work is important sometimes, but it will not make up for ignoring and not learning how to use tools well
  • The goal is to not have to work hard
  • Hard work is a cost, not a benefit
  • The goal is to maximize output with as little input as possible

 

Direct download: tai_lopez_-_Ep_2-24-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“Most businesses suck, because businesses are created by people, and too many people are dumb” - Tai Lopez

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That’s quite a claim, right? But it’s true, most businesses suck. And it’s because businesses are created by people, and most people are dumb.

So look for your competitive advantage, and what you can bring to the world that’s truly unique. There was a time when having a college degree was a competitive advantage, but no more. However, if you know how to sell and bring value, you will always be in high demand.

“If you know how to sell, you will always be in demand” - Tai Lopez

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Points to Keep In Mind

  • Most businesses suck, because businesses are created by people, and too many people are dumb
  • You can always make money by showing people what is new and effective
  • College used to be a competitive advantage, because less people went. No longer the case
  • If you know how to sell, you will always be in demand
Direct download: tai_lopez_-_Ep_2-23-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“When you try to jump ahead too fast in life, you often fall on your face” - Tai Lopez

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People talk a big game. I’ve heard people talk about their “billion dollar idea,” but when asked if they’ve ever made $100 million, $1 million, $100,000, or even $10,00, the answer is no.

Success comes in steps, gradually and over time. And believe it or not, this is actually a really good thing. While there are examples of people who have become extremely successful nearly instantly, the large majority of them fell flat on their face immediately thereafter. When steps are skipped, smaller mistakes are skipped, which means you miss the opportunity to learn from small mistakes, and instead make big mistakes.

This is the value of taking the long-view in life. Try to become successful too fast, and you’re likely to fall flat on your face. Instead, strive to live each day better, to be more successful, to do better, slowly but gradually, and you’ll be surprised how far you get! Enjoy the journey!

“Think about success as 1st base, 2nd base, 3rd base, home run in that order” - Tai Lopez

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Points to Keep In Mind

  • When you try to jump ahead too fast in life, you often fall on your face
  • When you get too much money too fast, you often haven’t made enough mistakes along the way, and you’ll probably make a big mistake and lose a lot
  • Think about success as 1st base, 2nd base, 3rd base, home run
  • You don’t need a home run, you just need continual improvement
  • You have to earn the right to do big things
  • “Make haste slowly” - Joel Salatin
  • Don’t go backwards, but don’t go forwards too fast
  • Consider the power of compounding interest: Over time, small amounts really add up. Be patient and apply that same logic to the rest of your life
Direct download: tai_lopez_-_Ep_2-21-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“The real basis of America is free-thought, not free press. So be a free thinker!” - Tai Lopez

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If you know your history, you know that society, and the status quo, is almost never right. Whether it was the belief that the world was flat, slavery, or any other number of examples, if you have a tendency to simply accept the status quo and what society dictates, you’re setting yourself up to be horribly wrong.

Today’s rant is about this idea. The concept that you should fight the power. Or at least, fight to think outside the status quo of the power. Because, as it turns out, the power is almost always wrong! Be a free thinker! America was built upon the basis of free thought, not free press, so exercise the muscles of thought that will allow you to see beyond the society’s status quo and into reality.

“Anyone who doesn’t question the status quo is in severe danger of being very wrong. It’s proven throughout history” - Tai Lopez

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Points to Keep In Mind

  • Almost everybody cares about money more than they would want you to know
  • Become a free thinker, and think for yourself
  • The real basis of America is free-thought, not free press. So be a free thinker!
  • Conventional thinking will get you conventional results
  • Anyone who doesn’t question the status quo is in severe danger of being very wrong. It’s proven throughout history
  • Fight the system, and stand up for what you believe in and what you believe is right
  • Society is almost never right
Direct download: tai_lopez_-_Ep_2-20-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“When you’re in the valleys of life, never isolate yourself. Surround yourself with friends” - Tai Lopez

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Almost every major figure throughout history has encountered some sort of tremendous failure. A moment in their life when they made an absolutely huge mistake, were forced to deal with the consequences, and then, to make the decision that would shape the rest of their lives: Would they let the failure defeat them for good, or would they pick themselves up, and start again?

Their answer to that question often defined whether they would become somebody who would be remembered or forgotten by history, and it will define the impact and success that you are able to achieve in your life.

Everybody fails. The way you respond to failure, however, sets you apart from the crowd. Learn how to respond, how to pick yourself up, and how to have the strength and willpower to try again, to climb out of the valleys of life, and to become something great, on this episode of the Tai Lopez Show.

“Almost every major historical figure has had a moment of tremendous failure, where they faced the decision of whether to persevere and keep going or give up” - Tai Lopez

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Points to Keep In Mind

  • Almost every major historical figure has had a moment of tremendous failure, where they faced the decision of whether to persevere and keep going or give up
  • History is full of people who have lost a ton of money and recovered
  • Maintain a level of activity, excitement, and optimism that you know you can keep up for the long run
  • Happiness has more to do with relativity to where you were before, not absolute values
  • When you’re in the valleys of life, never isolate yourself. Surround yourself with friends
  • The human brain is wired in social terms, so the minute you isolate yourself, you’re in danger
  • You should be able to come up with about 150 friends, family and acquaintances, who would attend your funeral
Direct download: tai_lopez_-_Ep_2-17-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“Creativity must be taught for effective entrepreneurship”

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The education system is simply not set up well to prepare young entrepreneurs for the real life of entrepreneurship. If I wanted to list all the ways that the educational system is failing entrepreneurs, we would be here all day.

So instead, I’m giving you 3 important aspects of education that anyone who wants to go into entrepreneurship should focus on, to be setup for optimal success. Whether you’re currently an entrepreneur or just looking into it, this episode is going to show you what you need to learn to be prepared for the fast moving and unpredictable world of entrepreneurship.

“The myth of the solo entrepreneur is not practical”

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Points to Keep In Mind

  • Creativity must be taught for effective entrepreneurship
  • In order to be creative, you sometimes have to zoom out and look less at what is practical
  • Set aside specific times where you become extra creative and not as practical
  • Learn how to manage labor
  • The myth of the solo entrepreneur is not practical
  • Learn how to read people, to know what issues might arise when you’re bringing someone new onto a team
  • Learn the skill of staying balanced
  • Work on developing a wide, eclectic range of knowledge, through a variety of educational sources
Direct download: Tai_Lopez_-_Ep_2-16-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“Your personality type will determine what your ideal routine will be” - Tai Lopez

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One of the questions that I get asked the most is what my ideal morning routine looks like, so today I am digging into that topic.

Morning routines and daily routines, while very important, are also very personal, and exactly what they are is going to depend on what personality type you are. Because of my own personality, one type of routine works best for me, but remember that it will be different for everyone.

So listen to this episode of The Tai Lopez Show to find out more about what will go into your ideal routine based on your personality type.

“The ability to stick to something in the long run is one of the most powerful abilities to have” - Tai Lopez

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Points to Keep In Mind

  • Daily routines are a misunderstood concept: There is no one perfect morning routine
  • Your personality type will determine what your ideal routine will be
  • The success of your morning routine will also depend on your adherence to it
  • Look for the broad strokes of what needs to be involved in the routine, and then varying ways you can change it up within those broad strokes
  • Be very honest with yourself about what you know you will adhere to over the long run
  • The ability to stick to something in the long run is one of the most powerful abilities to have
Direct download: Tai_Lopez_-_Ep_2-14-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“Winning is one of the best ways to shut up haters” - Tai Lopez

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A lot of people are taught that meekness is essential. We’re told from an early age that humility is a virtue, and, in many different ways, we’re told to avoid confrontation.

But what about the times when confrontation is necessary? When you need to stand up for yourself, or for others? Do you know how to? And, perhaps even more importantly, do you know when to?

Today’s conversation is about how to stand up to bullies, how to know when aggression is necessary, why some people are too aggressive while others are too non-confrontational and how to deal with both, and much, much more.

“You can’t always be non-confrontational. Confrontation will make you stronger” - Tai Lopez

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Points to Keep In Mind

  • Learn how to use words effectively to be persuasive and win arguments
  • How you respond to pressure will often define your success
  • You can’t always be non-confrontational. Confrontation will make you stronger
  • Conflict is an important aspect of the human experience
  • When there is no father in the picture, people often grow up and don’t understand how to deal with conflict
  • Find somebody you can teach you the right amount of aggression to use in different situations
  • Winning is one of the best ways to shut up haters
Direct download: tai_lopez_-_Ep_2-13-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow

“Use stories of inspiring people who rose to great heights to inspire you everyday”

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If you’ve ever felt held-back in your pursuit of success by your upbringing, the people around you, or where you came from, this episode is for you. I’m speaking with Caron Butler, pro NBA player, about his new book “Tuff Juice.” We’re talking about his journey to success in the NBA, what it took for him to achieve the incredible amounts of success that he has, and the advice that he has for anyone who wants to do amazing things.

While we’re at it, we get into playing against Michael Jordan, the importance of the group of people you surround yourself, and why it’s so essential to remember those who believe in you when no one else will.

“Think about the people who believe in you when no one else will. They keep you going”

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Points to Keep In Mind

  • Use stories of inspiring people who rose to great heights to inspire you everyday
  • Think about the people who believe in you when no one else will. They keep you going
  • If you believe in your own abilities and persevere, it may take time, but you will be successful

“Tuff Juice” by Caron Butler

Direct download: tai_lopez_-_Ep_2-10-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT