The Tai Lopez Show

“Don’t try to please everyone. Just do you” - Tai Lopez

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It feels like the level of narcissism in the world is continually increasing. Just take a look at your Instagram feed, and you will see it proudly on display. It seems like nothing is more important to people today than themselves and their looks.

Maybe it’s time to take a step back and reevaluate our emphasis. Put more effort into the truly important things in life, and less into the ones that don’t matter. Put less effort into how you look, and more into what you do.

At the end of the day, you can’t please everyone, so don’t worry about it. Just do you, and do good in the world.

“Be willing to experiment. Don’t be close-minded” - Tai Lopez

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Points to Keep In Mind

  • Don’t try to please everyone. Just do you
  • Narcissism is everywhere. People think it’s all about them
  • Be willing to experiment. Don’t be close-minded
  • You need a small amount of narcissism to improve yourself. But it seems like it’s out of control these days
  • We need to become more curious people about many things
Direct download: Tai_Lopez_-_EP_7-31-17.mp3
Category:general -- posted at: 2:00am PDT

“The older generation shows us what toughness truly is” - Tai Lopez

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Will Durant said, “A nation is born stoic, and dies epicurean.” This means that, at the beginning of a nation’s lifespan, it’s citizens are tough. They understand the true meaning of difficulty and stress. They don’t stress out over the small things in life, because they have bigger things to worry about. They’re tough, and they find a way to turn a horrible situation into something great.

But as the nation continues in prosperity, its citizens turn epicurean. The focus turns to luxury and materialism. As this happens, smaller and smaller difficulties stress citizens, until the toughness level has decreased to the point where everyone is so weak-willed that tiny difficulties can destroy them.

Experience difficulties. Toughen yourself up, and teach yourself that you can truly handle difficulties, and come out on top! Instead of running from difficulties, embrace them as opportunities to toughen yourself.

“Give kids access to tools to help them make money instead of materialistic things” - Tai Lopez

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Points to Keep In Mind

  • A nation is born stoic and dies epicurean
  • The older generation shows us what toughness truly is
  • America used to be full of tough people who could handle true difficulties
  • People in today’s society stress over very small things
  • You should want things that are difficult, not run from them. Stress is the only way you get stronger
  • Give your kids access to tools to help them make money, rather than giving them whatever material thing they happen to want at the moment
  • Find a way, through toughness and resilience, into good things
  • Do manual labor, work on a farm, live without electricity. Toughness yourself up
  • If you stress about small things, when the big problems come, you won’t be able to handle it
  • Use money as a tool to help you live an adventurous and good life
  • People like to outrage over things, but if they really, truly cared about what they are outraged about, the would show it with their actions and money
Direct download: tai_-_EP_7-28-17_-_FINAL_MIX.mp3
Category:general -- posted at: 12:48pm PDT

“Take deep dives into some of the more difficult and high-level topics of life. It’s important to work out your brain” - Tai Lopez

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Some episodes of The Tai Lopez Show are on light topics, and for anyone, but sometimes you need to get deep. This episode is a bit higher level than other episodes have been. We’re discussing Will Durant and his ideas about humanity, hero’s, war, and the natural balance of the world.

It’s important to train your brain to be able to tackle difficult or complicated topics. As with any ability or skill, it’s a muscle that has to be worked out, and today we’re giving you that workout through this discussion.

So don’t shy away from tougher topics like these, but embrace them with excitement to learn and better yourself!

“In everything: Take the best and forget the rest” - Tai Lopez

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Points to Keep In Mind

  • Take deep dives into some of the more difficult and high-level topics of life. It’s important to work out your brain
  • Train the brain through practical, tangible benefits
  • Study history to see the cycles that will repeat
  • The imitative majority follows the innovative minority
  • Most wars are two privileged people fighting each other, and everyone else getting caught in it
  • The world is set up naturally, with checks and balances, the even everything out
  • Avoid radical ideas and views. The world is too complicated for that
  • In everything: Take the best and forget the rest
  • Life is all about decisions, and your quality of life depends on your decisions
  • Unbalance in any situation tends to be a big problem
Direct download: Tai_Lopez_-_EP_7-26-17_-_Fixed.mp3
Category:general -- posted at: 2:00am PDT

“You will always offend people with whatever you do, so don’t worry too much about it” - Tai Lopez

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This message is a hard hitting reminder that, while we all make mistakes, it’s extremely important that you always put out work that is the highest quality of which you are capable.

After doing something, if you can honestly say it was the best you could have done, nobody can fault you. But if you did not pursue the work in a conscientious way, with an understanding of the consequences to yourself or whoever you work for, you have no excuse.

This is a piece of internal communication with my team, as well as a lesson for everyone who wants to accomplish big things in this world: Everyone likes to make excuses for why they didn’t do as good a job as they wanted, but pure results are the real measure of what has been done. Hold yourself to this high standard, and you will go far.

“It’s extremely important to be able to say and admit to yourself that you messed up” - Tai Lopez

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Points to Keep In Mind

  • You will always offend people with whatever you do, so don’t worry too much about it
  • Instead of immediately making a judgement call about something, good or bad, right or wrong, try to see what you can learn from it first
  • Learn from everything instead of making an immediate value judgement about it
  • Put yourself in someone else’s shoes to better understand what’s really going on
  • The best way to deal with humans is to always start out nice with people, and then treat them back the way that they treat you
  • You can tell when something is being dealt with in a consciousness way, or when it was not
  • It’s extremely important to be able to say and admit to yourself that you messed up
Direct download: Tai_Lopez_-_EP_7-24-17_-_Legal_Adjustments.mp3
Category:general -- posted at: 2:00am PDT

“To be successful, you must know the language of the environment that you are in” - Tai Lopez

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This episode is all about money. I’m answering your questions about how to get money, what to do with it once you have it, and how and why to start investing early. We’re talking about why reading people is an essential skill to earning more, as well as how to do it.

A lot of people like to talk about how money isn’t everything, and they’re right. But the reality is that money is extremely important, because without it, you will never experience complete freedom. It’s not that the money is so important to a happy life, but that having the money brings the freedom that increases your quality of life.

So listen to this episode to learn more about money, how to make more of it, and how to manage it, to bring more freedom and happiness into your life.

“Money isn't everything, but you will never have complete freedom if you’re broke” - Tai Lopez

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Points to Keep In Mind

  • Reading people is an essential skill to make more money
  • Ask yourself how many hours per week you spend around someone who is 20 years ahead of you financially
  • Spend as much time as possible around the people who are where you want to be financially
  • You must know the language of the environment that you are in
  • When you meet people, especially if you want to be able to successfully interact with people, you need to be able to read them and speak directly to them
  • Being able to adapt quickly will be essential to making money in the modern world
  • The most incredible brands in the world have died from an inability or an unwillingness to change
  • You have to put in time and effort to find mentors in your life
  • Money isn't everything, but you will never have complete freedom if you’re broke
  • Setup automated withdrawals from one bank to another, and make it a pain to access the second account, so that you automatically save
  • Get started investing and making smart money decisions even if you have a very small amount of money to work with
  • When you’re broke, don’t try to live like you’re rich
  • Things like fear and negative thoughts tend to make it far more difficult to make money
  • If you want to make more money, you have to have energy
  • If you feel depressed, do not hang out with other depressed people
  • Make sure you’re around a variety of different people
  • Use technology to approximate mentorship with podcasts, youtube videos, etc
Direct download: Tai_Lopez_-_EP_7-21-17_v2.mp3
Category:general -- posted at: 2:00am PDT

“Study history so that you don’t make stupid decisions” - Tai Lopez

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Do you read history? Today, most people don’t. Most people don’t read at all, but if they do read, it’s probably either light, fluffy novels or maybe a self-help book here and there. But what about history? What can a deeper understanding of history do for your life, in helping you achieve the best life possible?

Today, I’m going through some moments in history, and what can be learned from them. Because without and understanding of history, there really is no way that we can predict the future. But because history tends to repeat itself, if we develop an understanding and knowledge of history and the trends that come back time and time again, we can better understand the world around us, and make more sense of where it’s headed, as well as if current political decisions are likely to be a good idea.

"The reward should be emphasized in education to motivate students to learn" - Tai Lopez

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Points to Keep In Mind

  • To start learning history, focus first on what you enjoy
  • History should be more about stories than dates and numbers to be interesting
  • Show the reward before you teach in order to effectively learn, and want to learn!
  • First you get the mindset, then you launch the business, then you get the money. The progression is important
  • Use the HEXACO personality test to more fully understand personalities
  • The C, which stands for Conscientiousness, is probably the most important attribute when it comes to making money
  • Conscientiousness:
    • Perfectionism
    • Organization
    • Prudence (the ability to make good decisions)
  • Parents are usually the worst thing for their kids
  • Politics and Republican vs Democrat tends to have more to do with personality types
  • Knowing history, and how it repeats itself, will help you earn more money and be more successful
  • The mark of an intelligent person is to see both sides of a story
  • Study history so that you don’t make stupid decisions
Direct download: Tai_Lopez_-_EP_7-19-17.mp3
Category:general -- posted at: 2:00am PDT

“Be careful about business models where your costs grow with your revenue” - Tai Lopez

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Everyone is looking for the ideal business model. They’re looking to discover the perfect model to bring ever increasing revenue. Today, I’m talking about two common business models, and which I prefer.

The two models: Netflix and Spotify. Netflix buys out agreements with content creators, whereas Spotify pays royalties dependent on number listens.

Therefore, as Spotify’s income increases, so too does their cost. But as Netflix’s income increases, their costs stay the same, or even decrease.

This is one of the most important factors to look at when analyzing a potential business. Will cost increase as revenue increases, or will cost stay the same or even decrease?

Look for business models where cost decreases as revenue increases.

“The ideal business is one where you sell ever increasing units at an ever decreasing cost” - Tai Lopez

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Points to Keep In Mind

  • Be careful about business models where your costs grow with your revenue
  • Look for a way for cost to decrease as income increases
  • The ideal business is one where you sell ever increasing units at an ever decreasing cost
  • When you start a business, be careful about signing licensing and royalty agreements where your cost will increase with increased revenue
Direct download: Tai_Lopez_-_EP_7-17-17.mp3
Category:general -- posted at: 2:00am PDT

“The world needs people who are willing to say it like it is, and not gloss over it” - Tai Lopez

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We learn a lot of things in school, but the emphasis is often put on the less practical pieces of information, rather than the knowledge that will really help you get ahead and live a good life.

On today’s episode, I’m going through some of the things that they should have taught us in school. I’m taking questions from the audience, to give you the information that is going to truly help you live the kind of life you want to.

We go through how to get investments, how to pitch, why you should hire an accountant, how to save money on taxes, and why education will be the ultimate way we can lessen poverty in the world.

“There are no solutions, only trade offs. So pick your poison” - Tai Lopez

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Points to Keep In Mind

  • The world needs people who are willing to say it like it is, and not to gloss over it
  • On the flip side, if someone tells it to you like it is, you need to not get offended by it, but take the truth from it and use it to motivate you
  • Good investors know that they should invest in the human above the business
  • If you’re pitching a business, you need to tell a story. A story will make something relatable and make it stand out to the people you’re pitching to
  • If you’re looking for investments, start with people you know. It will be a lot easier to get the first money from them
  • Unless you have a background as an accountant, you should probably hire an accountant, even before you’re making a lot of money
  • The best way to save on taxes is to own a business and write off expenses
  • Never mess with the IRS. Don’t try to be tricky with taxes
  • If you want to make a lot of money, you will pay a lot of taxes
  • You can’t tax people enough to end poverty. Instead, you must increase productivity if you want to combat poverty, and the best way to increase productivity is to educate people
  • The way you fix the most problems in the world is through education
  • There are no solutions, only trade offs. So pick your poison
Direct download: Tai_Lopez_-_EP_7-14-17.mp3
Category:general -- posted at: 2:00am PDT

“You have to train yourself to laugh at adversity” - Tai Lopez

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Today, it feels like everyone is looking for something to be offended by. Whether the thing has anything to do with them or not, they’re on the search for something that they can be offended by.

If you really need to be offended, though, be offended by the big problems in the world! Or, better yet, choose to learn from the process of being offended, and improve yourself through it.

Take the things that people say to you, that would offend weaker people, and use them as motivation to work on improving yourself everyday.

“Use pain and feeling offended to motivate yourself to improve” - Tai Lopez

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Points to Keep In Mind

  • Today it seems like people are looking for ways to be offended
  • Sometimes, you need to be a little hurt by the truth, to help you change something about yourself
  • The sooner that you learn that people won’t like you and you will be offended, the sooner you can get used to it
  • If all you do is get offended, you don’t hurt the person who offended you, you only hurt yourself
  • Don’t take things personally, because 99% of the time it’s not even about you anyways
  • You have to train yourself to laugh at adversity
  • You’re only free when you’re the master of your thoughts
  • Use pain and feeling offended to motivate yourself to improve
  • Your brain gravitates toward negativity, so negative comments will really affect you if you let them
  • The emotional motivation of pain can bring you to success
  • Harness what offends weaker people, and turn it into your motivation
Direct download: Tai_Lopez_-_EP_7-12-17.mp3
Category:general -- posted at: 2:00am PDT

“Never be the person signing a contract that you don’t fully understand” - Tai Lopez

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How careful are you about the contracts that you sign? Do you read them and fully understand them, in all of their details, before attaching your signature? Or do you think it will all just magically “work out” somehow for you?

Too many people do the later. They don’t pay enough attention.

This is such a common thread you see in the world: Plain ignorance. As I say on this episode, the root of all the problems in the world is not the rich getting richer. The root of all problems is ignorance, plain and simple.

But, in a lot of ways, it’s not everyone’s fault: The schooling system has set them up for failure. It’s set them up to go through the most formative years of life without learning the most practical skills. Things like money management, entrepreneurship, just pure logical thinking, all get passed over, and, to make matters worse, children are given tons of sugar through the sodas they drink, and then forced to sit through a standardized test. It’s no wonder people don’t come out with good critical thinking skills.

Don’t be someone who contributes to the main problem in the world of ignorance. Educate yourself, and learn to be smarter and more practical.

“The root of the problems in the world is not the rich getting richer. It’s ignorance” - Tai Lopez

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Points to Keep In Mind

  • Be very careful with money. Always underestimate your claims to insure you are safe with your estimates
  • Manage people’s expectations by underestimating
  • Videotape something if you could potentially need more proof in the future
  • If you ever invest money in something, don’t expect it to come back. Only give money you can survive without ever seeing back
  • Don’t personally guarantee anything unless you are ready to pay the full thing, because you may have to
  • Never be the person signing a contract that you don’t fully understand
  • Children should start learning practical money management techniques young
  • School should focus more on skills
  • Incentive people with what works to incentivize them! Whether that’s cars, girls, mansions, do what actually works!
  • People at the top should raise up everyone else, not keep them down
  • The root of the problems in the world is not the rich getting richer. It’s ignorance
Direct download: tai_lopez_-_EP_7-7-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

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