The Tai Lopez Show (general)

“When everything is unpredictable in your life, you’ll have no brain power left to innovate” - Tai Lopez

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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

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Points to Keep In Mind

  • If you want to make money with anything in your life, you need to become a master of systems
  • When everything is unpredictable in your life, you’ll have no brain power left to innovate
  • To make money with social media, start by selling other people’s products
  • Do collaborations with other influencers to get started building your social media
  • Vlogging is the future on all social media platforms. Tell your story
  • Smart work always beats hard work. But do both
  • Part of execution is strategy
  • When something is good enough, launch it. Then, innovate and improve as you go
  • If you don’t launch with errors, you waited too long
  • Spend 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 ideas
  • Never be the first, or last, to an idea
  • Be careful about making too much money too fast. You might not know how to handle it
Direct download: Tai_Lopez_-_9-22-17_EP.mp3
Category:general -- posted at: 2:00am PDT

It probably does not make sense for marijuana to be criminalized to the extent it is, as compared with alcohol

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We’re taking on a controversial topic today: marijuana, LSD, and psychedelics. We’re digging into the good, the bad, and the ugly of all of it.

Something that is important to keep in mind about marijuana is that, because it has been illegal for so long, we do not have good quality controls in place, nor even especially good ways for measuring the THC levels, etc. So while many argue that it is less harmful than alcohol, these other aspects on the whole contribute to the danger of the substance overall.

Alcohol has been carefully studied and graded, so that we know how much we can have. Not so with marijuana, making it dangerous

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Points to Keep In Mind

  • We do not yet have good ways of measuring the amount of THC, grading, etc, to know if we can drive or not
  • Alcohol has been carefully studied and graded, so that we know how much we can have. Not so with marijuana, making it dangerous
  • Marijuana also does not have good quality controls in place
  • It probably does not make sense for marijuana to be criminalized to the extent it is, as compared with alcohol
  • The brain is still sort of the “wild west” when it comes to medicine, so in a lot of ways we don’t really understand a lot of potential side effects, so it is important to be incredibly careful and cautious
Direct download: tai_lopez_-_9-21-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

The entire world of medicine, especially in anti-aging, is about to change

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The entire world of medicine, health, and how to live longer, is about to change, and today I’m talking about Dr. David Agus about that coming change.

We dig into why any diet that stresses your body is bad for you in the long run, how to eat in a way that will reduce and minimize stress, why humans weren’t meant to graze, and that’s why separate and distinct meals are better than constant snacking, and much more.

The future of living healthy is now, so learn about it on this episode.

Any diet that overly stresses you is going to be bad for you in the long run

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Points to Keep In Mind

  • The entire world of medicine, especially in anti-aging, is about to change
  • Any diet that overly stresses you is going to be bad for you in the long run
  • Humans weren’t made to graze, so it’s better to have specific set times when you eat meals
  • Listen to your body, listen to the way you feel after eating certain things, pay attention, and adjust what you’re eating based on that
  • There need to be more or better quality and quantity control in substances like marijuana
  • While there are clear exceptions to most rules, you still have to look at the data everywhere
Direct download: Tai_Lopez_-_9-20-17_EP.mp3
Category:general -- posted at: 2:00am PDT

“Use regret minimization as a rule of thumb for making decisions” - Tai Lopez

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If you want to be intelligent in your decision making, and in your everyday life, you need to learn how to take emotion out of the decisions that you make. When it comes to analyzing, a cold and calculated approach, in the middle of a lot emotions and opinions flying around, is what is needed.

Today’s episode is about how to make the right decision in difficult circumstances, how to use regret minimization, and why positive incentives are more powerful than negative incentives.

“To be super intelligent, you have to reduce emotion in controversial conversations” - Tai Lopez

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Points to Keep In Mind

  • Use regret minimization as a rule of thumb for making decisions
  • To be super intelligent, you have to reduce emotion in controversial conversations
  • Positive incentive is an incredibly powerful tool
  • Positive incentives usually work better than negative incentives
Direct download: tai_lopez_-_9-19-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“Practical intelligence is the most important kind of intelligence” - Tai Lopez

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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

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Points to Keep In Mind

  • Practical intelligence is the most important kind of intelligence
  • You should never take one side of an argument without being able to argue the other side as well
  • The more important, the less intelligent and objective we become
  • Use the idea of regret minimization to make decisions: Go the way that will leave you with less regrets
  • The number one regret of most people when they get older is not spending enough time around the people they love
  • Always ask what the downside is to every decision, and go for the one with the lease downside
Direct download: Tai_Lopez_-_EP_9-18-17.mp3
Category:general -- posted at: 2:00am PDT

“Humans learn through absorption” - Tai Lopez

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This is a roundup of the best moments from throughout the week on the Tai Lopez Show. We talk about diets, whether or not veganism is healthy, how to pick the perfect diet for you, how to “date” a business idea before “marrying” it, why pre-sale is so important to business, how to look at the “risk adjusted return” on a business idea, and much more.

Whether your goal is to turn into a fat burning machine, make your life overall more healthy, or build a strong business from the ground up, today’s episode will help you on that journey.

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

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Points to Keep In Mind

  • It’s predicted that 100 major brands will be bankrupt in the next year
  • It’s not the strongest or the smartest who survive, but the most adaptable
  • It’s better to kill a business early than drag it out for years and then have it die
  • “Date” business ideas before marrying them
  • Pre-sale your business idea to find out if it’s actually a good idea or not
  • Humans learn through absorption
  • Depending on the field, technical knowledge is often obsolete
  • Look at the “risk adjusted return” of ideas: How much risk is involved, for how much potential return
  • In marketing, you need to learn how to be ethically persuasive without being manipulative
  • The psychology of selling is probably just as important as the logistics
  • Find a way to gain some success early on, to spur you on to work harder
  • There is more opportunity right now for someone who is poor to work there way up than there was in the past
  • Everyone needs to experiment with their diet to find out what specific combination is right for them
Direct download: tai_lopez_-_9-17-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“If you make too much money too fast, you might not really know what you’re doing, and then lose it all” - Tai Lopez

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If you try to make too much money too quickly, you probably won’t know what you’re doing, and could easily lose it all. That’s why I recommend a special strategy when it comes to increasing your income, to make sure you’re always headed in the right direction, but in a way that is safe for your future.

Today’s episode is about that strategy, to make sure that you are gaining wealth in a smart way.

“Try to make $100/month. After you can do that 3 months in a row, 10X it. Rinse and repeat” - Tai Lopez

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Points to Keep In Mind

  • Don’t try to get super rich super fast, just make sure that you’re continually making more money all the time
  • Try to make $100/month. After you can do that 3 months in a row, 10X it. Rinse and repeat
  • It is possible to make money too fast. Focus on steadily making more all of the time instead of skipping steps
  • If you make too much money too fast, you might not really know what you’re doing, and then lose it all
Direct download: tai_lopez_-_9-16-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“If a business isn’t doing too well, don’t be ashamed to shut it down. It’s much better than dragging it out for years” - Tai Lopez

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Curiosity is one of the most essential ingredients to success, because it will ensure that you are constantly learning new things and thereby improving yourself. Try to cultivate an insatiable desire within you to learn more every day, and you will go far.

Today we’re talking about how to make sure that this learning continues throughout your life. As your knowledge rises, your income and happiness will, too.

“Focus on just making sure that your income goes up every year” - Tai Lopez

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Points to Keep In Mind

  • Focus on just making sure that your income goes up every year
  • You can get into trouble making money too fast, and not knowing what you’re doing
  • The world will change incredibly quickly in the coming years, leaving lots of potential success available to anyone who can see it and take advantage of it
  • If a business isn’t doing too well, don’t be ashamed to shut it down. It’s much better than dragging it out for years
  • Pre-sell to test your idea
  • Humans learn through absorption
  • Don’t only learn from one person, because each person will have different strengths that you need to learn from
  • Focus on things where you have an unfair advantage

Disrupt You” by Jay Samit

Direct download: tai_lopez_-_9-15-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“The biggest fear you should have in life is having regrets at the end of it” - Tai Lopez

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There is a serious lack of perspective in much of the world today. When it comes to the things people are worried about, what they stress over, what keeps them up at night, and how much “risk” they think they can take, there is often a profound lack of perspective.

Today’s episode is a short reminder that most people in 1st world countries have it extremely well, and that what you should fear far more than the risk of trying something and failing, is the risk of not trying something and having regrets at the end of your life.

So live your life with a regret-minimizing attitude toward your decisions. Use the idea of getting to the end of your life with as few regrets as possible as your guiding light when it comes to making decisions, and just remember that even if you feel like you’re taking a risk, if you look at the potential downside, it’s probably pretty great compared with most people in world and throughout history.

“Wherever you are in life, be able to rewire your mind to proper thinking and perspective on reality” - Tai Lopez

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Points to Keep In Mind

  • If you think you’ve had a rough life, just know that someone has had it worse than you, and been more successful than you
  • Life could be so much worse. Keep that in mind, to make you more thankful and give you more drive to make much of what you have
  • Keep perspective on your life
  • Keep perspective on how much risk you’re actually taking. Chances are, it’s less than you think
  • Don’t focus on minor issues, focus on major issues
  • Wherever you are in life, be able to rewire your mind to proper thinking and perspective on reality
  • The biggest fear you should have in life is having regrets at the end of it
Direct download: tai_lopez_-_9-14-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

Amazon looks for sales spikes, to help them know which items to rank best

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More and more of the world takes place online, and Amazon is leading the world in ecommerce. Did you know that Amazon is actually a huge opportunity for you to make money online?

Today, we’re digging into how to create passive income online through selling on Amazon. If you’re looking for practical, step-by-step instructions on how to make passive income online, this episode will give you exactly that.

Try it out, and let me know how you do with it!

Get influencers to promote your Amazon products

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Points to Keep In Mind

  • Three criteria for what you want to sell on Amazon
    • Does it already sell well?
    • Can I compete?
    • Are the margins there?
  • Look for a product that is selling well, but not getting a crazy number of reviews
  • Start at a low price point, from $15-$50, to learn the system, before getting into more expensive products
  • Don’t mess with anything that you can’t 5X your money on the gross income
  • The world is moving more and more toward buying everything online, so Amazon and ecommerce will only grow
  • Use Alibaba to find “benchmark pricing”
  • Amazon looks for sales spikes, to help them know which items to rank best
  • Make sure that anything you sell that you put in or on your body, is made in the US
  • Get influencers to promote your Amazon products
  • Focus on initial sales velocity when you’re just starting out with a new product on Amazon
  • Amazon is one of the lowest-risk ways to get into business
  • Anyone selling needs to learn how to be ethically persuasive without being manipulative
  • The psychology of selling on Amazon is almost as important as the logistics
  • Video reviews are very important and helpful on Amazon
  • If an idea is too easy to steal, it’s probably not a great idea
  • Seeing progress in your own life is the best inspiration
  • Think things through as if you are the general of your own bank account
  • Whenever you want to get into a new market, spend some solid time researching, and then start testing
  • Your first job as an entrepreneur is to prove that there is traction for your idea

AmazonProductFinder.com

AmazonSecrets.net

FameBit.com

Direct download: tai_lopez_-_9-13-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT