The Tai Lopez Show (general)

“Maybe we can enlighten ourselves (or each other) by studying the tactics the techniques of the outliers.” - Tai Lopez

(click to tweet)

Everyone has a different version of success.

But that doesn’t mean we can’t learn something from how others achieved their version. By listening to the stories of successful people, we can refresh and reframe our understanding of our own success. In doing this, we develop a more accurate and honest northstar for our day-to-day.

On today’s episode of The Tai Lopez Show, we are taking a moment to recap some of this week’s highlights. From understanding the nuances of the credit card industry to hearing how the greats like Odell Beckham Jr. approaching winning vs. losing, this week’s snapshot will help us take our personal and professional lives to the next level. Tune in to apply these learnings to your daily practice!

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“You have to believe you can succeed. You have to believe in an individual capacity to do better than what you are doing.” - Ben Shapiro

(click to tweet)

Points to Keep In Mind

  • Agreeableness is flexibility, patience, gentleness, and forgiveness
  • Conscientiousness is diligence, prudence, organization, and perfection
  • High psychopathy scores are void of empathy and impermeable to learning how to improve
  • Use Dark Triad Personality Test to find out how people score on machiavellianism, narcissism, and psychopathy
  • Nothing besides military is solved by a federal government
  • Studies show that quality of education is more determined by factors like how the family treats education than any sort of government system
  • The problem is people looking to the federal government for solutions; localism is the solution
  • The single greatest predictor of poverty is being born into single motherhood
  • The focus of marriage has moved from the production and raising of kids to “are you in love?”
  • Remember to be patient, even with high ambition
  • Being a sore loser is a good thing; it means you want to win that badly
  • Diet is the most important exercise, a 5-to-1 influence factor
  • Disembodied ghosts is a way to describe how today’s mental framework feels
  • Dysfunctional people attract dysfunctional people
  • The Dalai Lama has low stress because he meditates 3-6 hours a day
  • Lectures are not how people learn, instead seek out mentorship and osmosis
  • Love is a verb, not a sentiment
  • Love is not giving your kids hugs and keeping them off crack/cocaine
    • Love is sending them into the world with the major life skills mastered
  • Try to keep your credit card utilization under 9%
  • Treat your credit limit as how much money you have
  • Utilization rate, payment history, and derogatory marks affect your credit score
  • Age of credit history factors in: oldest account and average age
    • You can’t help your age of credit history
    • Try to have an age of credit history over 9 years
  • Try to have at least 21 lines of credit being reported
  • Correlation does not imply causation when opening new credit cards
  • For those under 18, get authorized on your parents/relatives’ cards to build rapport with banks
  • Weightlifting triggers hormone signaling in a way cardio does not
Direct download: TLS_2-25-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“Teach parents a different definition of ‘love’. Love is not hugging your kids all the time. Love is sending your kids into the world with the major fundamental life skills. Love is a verb, not a sentiment.” - Tai Lopez

(click to tweet)

We grow up sitting in classrooms listening to teachers lecture. 

And now, as adults, we look back on those lectures and think: what was the point of that? For most of us, the entire experience, from history to calculus and kindergarten through college, was one big waste of time. The lessons learned are not equipping us get the most out of life today.

On today’s episode of The Tai Lopez Show, we are discussing how to maximize our health, wealth, love, and happiness. With the education system hardwiring an ineffective mental framework, it is now up to us to reverse this and get the most out of life. Tune in to today’s rant to hear how to start the process of prioritizing the big umbrellas of life and move forward in the right direction!

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“The only thing you should be focused on is how life works.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Some doctors believe that we will one day be able to live until 700 years old
    • Involves managing oxidative stress
  • Decode the way life works by understanding health, wealth, love, happiness.
  • Happiness requires managing stress and anxiety
  • Disembodied ghosts is a way to describe how today’s mental framework feels
  • Dysfunctional people attract dysfunctional people
  • The Dalai Lama has low stress because he meditates 3-6 hours a day
  • Lectures are not how people learn, instead seek out mentorship and osmosis
  • Love is a verb, not a sentiment
  • Love is not giving your kids hugs and keeping them off crack/cocaine
    • Love is sending them into the world with the major life skills mastered
Direct download: TLS_2-24-18_-_FINAL_MIX_V2.mp3
Category:general -- posted at: 2:00am PDT

“A high utilization rate hurts your credit score as much as missing a payment.” - Stephen Liao

(click to tweet)

It’s never too late to start building good credit.

Thinking into the future, there will come a day when you need to take out a large sum of money. This could be the down payment on a house or the seed money to start your business. If you don’t have a good credit score, it will be near impossible to do this without enormous interest rates. So, the time is now to start building the necessary credit foundation for when that day comes.

On today’s episode of The Tai Lopez Show, Stephen Liao teaches us how to sift through the world of credit card perks to be able to do just this. Stephen dropped out of Stanford to figure out the credit card game just a year ago, and today he has a credit-limit that exceeds $3 million spread across 220 different credit cards. If he’s not flying first-class, he’s on a private jet. And if he’s not staying at the Waldorf Astoria, he’s at the Ritz-Carlton. Tune in today to learn his secrets on building a good credit score!

Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“There are methods for you to purchase cash equivalence. Essentially, it’s legal money laundering. You pay off your credit card with cash equivalence, get your sign up bonus, and then pocket the $150.” - Stephen Liao

(click to tweet)

Points to Keep In Mind

  • Checking your credit for your own personal use does not hurt your credit
  • VantageScore is less accurate than FICO score
  • 850 is a perfect credit score
  • Try to keep your credit card utilization under 9%
  • Treat your credit limit as how much money you have
  • Utilization rate, payment history, and derogatory marks affect your credit score
  • Age of credit history factors in: oldest account and average age
    • You can’t help your age of credit history
    • Try to have an age of credit history over 9 years
  • Try to have at least 21 lines of credit being report
  • Correlation does not mean causation when opening new credit cards
  • For those under 18, get authorized on your parents/relatives’ cards to build rapport with banks
  • Get Chase Freedom for first card
    • $150 cash back for $500 spent
    • 5% money back (MB) for an intermediate credit card
  • You need a credit score of at least 600 to receive credit card perks
  • Try to get status with each card (ex: Delta’s status for travel allows you to upgrade to first-class for free)
  • If you’re in debt, look into Citi Simplicity to balance-transfer your debt (also, Chase Slate and Bank Americard)
  • Use Wallaby to use your credit cards more wisely
  • If you need to file a dispute, do it at CFPB.gov

 

Direct download: TLS_2-23-18n_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“We evolved in small groups, and all groups have status hierarchies. From an evolutionary perspective, reproductively relevant resources always accrue to those with the highest status.” - Dr. David Buss

(click to tweet)

We can’t deny how much status means.

As we stand in line waiting to buy the newest iPhone, it’s clear we’re doing it for the status symbol. Our current one works just fine, but the newest model from the most futuristic company on the planet is the microphone we need to tell the world: “I am of high status." 

On today’s episode of The Tai Lopez Show, we are joined by world-renowned evolutionary psychologist, Dr. David Buss, to discuss how we can raise our status. Professor Buss is the author of The New Science of the Mind, and currently teaches at the University of Texas at Austin. He has previously taught at Harvard and the University of Michigan, and today he explains how the principles of evolutionary psychology can be applied to you and your business.   

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“Machiavellianism is when people pursue in an interpersonally exploitative strategy.” - Dr. David Buss

(click to tweet)

Points to Keep In Mind

  • Try to raise the status of your product
  • From an evolutionary perspective, reproductively relevant resources accrue to those with the highest status
  • Speak at conferences, no matter how big or small; reach out to the person in charge and say you will blast your email list
  • Host networking events at your house once a month and invite people you want to connect with
  • Bullying is a massive predictor for psychological problems
  • Machiavellianism is a trait in people who pursue in an interpersonally exploitative strategy
    • This can be masked in charisma
  • Narcissism is a sense of entitlement and skewed value of others vs. value of themselves (welfare-tradeoff ratio)
  • Agreeableness is flexibility, patience, gentleness, and forgiveness
  • Conscientiousness is diligence, prudence, organization, and perfection
  • High psychopathy scores are void of empathy and impermeable to learning how to improve
  • Entrepreneurs score the worst on dark triad tests
  • Narcissism is tied to creativity and intelligence
  • Biggest red flags in long-term mate: high neuroticism or low agreeableness
  • High psychopathy scores are incapable of being fixed
  • Neuroticism is tied to people who cannot handle stress well
  • Acquiring skills that most people don’t have is a minimum required skill
  • Surround yourself with people who are most things normal
  • The most powerful entrepreneurs are the most normal people
  • Personality characteristics are half-heritable, half-environmental
  • Watch ads and outline the psychological elements that tap into the 25 cognitive biases
    • The Lollapalooza Effect is when so many cognitive biases are being hit that people can’t help but buy
  • How we judge people is usually wrong
  • People can change by tweaking certain characteristics but not fundamental core traits

Resources



Direct download: TLS_2-23-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“I’ve seen a lot of people who hate to lose. I might be the worst loser. If you’re not a sore loser, you’re not a winner.”- Odell Beckham Jr.

(click to tweet)

Competitiveness is often frowned upon.

Our friends and family want to see us succeed but don’t understand the level of grit required to get there. As a result, we subdue our inner beast to fit in with others. Reversing that tendency is easier than expected when you listen to the greats talk about their relationship with their competitive spirits.

On today’s episode of The Tai Lopez Show, we are joined by Odell Beckham Jr. of the New York Giants to discuss competitiveness. It is no secret that Beckham Jr. is the best wide receiver in the NFL, so today, he answers the question of what does it take to reach the highest level of success? Listen to Odell’s down-to-earth attitude to capture the newfound keys to the kingdom.

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“Money is something I’ve never had. It’s something I can provide for my family with. I don’t really care for it. It’s a principle. And it’s unfortunate because it ruins the world. Ultimately it’s not what’s going to determine my happiness.” - Odell Beckham Jr.

(click to tweet)

Points to Keep In Mind

  • Don’t let money be what determines your happiness
  • Embrace competitiveness; it’s what drives many people
  • Remember to be patient, even with high ambition
  • Being a sore loser is a good thing; it means you want to win that badly
  • Diet is the most important exercise, a 5-to-1 influence factor
    • Eat salmon with kale for high nutrition
  • Money is not the all-in-one solution to happiness
Direct download: TLS_2-21-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“The problem is we have not structured our medicine to look at it in a holistic, global way.”

(click to tweet)

We all know we need to exercise.

But it’s hard to know how we should exercise. Running, lifting weights, yoga, swimming, every type of exercise has its followers who tell you it’s the best exercise. With this much noise coming in, it can get difficult to determine who to listen to.

That is why on today’s episode of The Tai Lopez Show, we are joined by gerontologist Dr. Paul H. Kim MD to discuss the benefits of certain types of exercise. Dr. Kim’s expertise in genetics and hematology helps us determine how to best approach aging in the healthiest way possible. In today’s interview, we specifically look at the value of weightlifting and its effect on longevity.

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“We aren’t creatures of intellect, we are creatures of movement.” - Dr. Kim

(click to tweet)

Points to Keep In Mind

  • Studies show that managing sleep, stress management, physical activity, and diet/nutrition is equivalent to the potency of pharmaceutical medication
  • Lifting weights builds muscle tissue and increases hormone signaling
  • K.I.S.S - Keep It Simple and Stupid
  • Download PolarBeat to track personal fitness
  • Push to exercise 87% of max heart beat for 60 minutes a week
  • VO2 max training looks at how efficiently your system burns calories
  • We aren’t creatures of intellect, we are creatures of movement
Direct download: TLS_2-20-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

     “You have to believe you can succeed. You have to believe in an individual capacity to do better than what you are doing.” - Ben Shapiro

(click to tweet)

We all sit at different positions on the political spectrum.

But regardless of where you stand, we can agree that harnessing the power inside ourselves is a more reliable method of self-help than government programs. Whether or not the government program can be better is a conversation about legislation. Today, we talk about the power in each of us to go about a day-to-day trying to do what’s right.

On today’s episode of The Tai Lopez Show, we are joined by political commentator Ben Shapiro. Ben is the editor-in-chief of The Daily Wire. As a political figure, Ben is subject to much criticism and controversy, but today we hear his raw thoughts on everything related to politics, the government, the education system, and much more!

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“If you spend your life believing that the forces of the universe are raided against you, it’s going to make your miserable and make it impossible for you to succeed.” - Ben Shapiro

(click to tweet)

Points to Keep In Mind

  • Nothing besides military is solved by a federal government
  • Studies show that quality of education is more determined by factors like how the family treats education than any sort of government system
  • The problem is people looking to the federal government for solutions; localism is the solution
  • The single greatest predictor of poverty is being born into single motherhood
  • The focus of marriage has moved from the production and raising of kids to “are you in love?”
  • The whole reason society has an interest in marriage is to make sure there’s a mom and dad in the home
  • When dating, figure out values not common ground
  • Tutorial learning (what our education system employs) only works for 85% of the population
  • Albert Einstein, “The thing about smart people is that they seem crazy to stupid people”
  • Don’t force it, take the opportunities that come to you
Direct download: TLS_2-19-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“Most entrepreneurs fail at targeting. They have OK landing pages, good creative assets, but they don’t know how to target. Spend marketing dollars on the people who will actually purchase your product.” - Dr. Alex Mehr

(click to tweet)

You can’t make money without understanding people.

From negotiating deals to managing employees, every touchpoint of operating a business involves working alongside others. Without a basic understanding of human psychology, you will get taken advantage of by others, and as a result be unable to grow the business to its potential.

On today’s episode of The Tai Lopez Show, we are taking a moment to recap some of this week’s highlights. From discussing the most important personality traits to have in your employees to designing the highest-converting website layouts, today’s episode will empower you to push new boundaries in your personal and professional life.

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“If you go to entrepreneur conferences and walk into a room with 500 entrepreneurs, you are now in a room of 500 insane people.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • When first starting out, create a more clean website
  • Use video marketing to sell yourself by broadcasting your authority on the subject
  • Sell products that people use, not what you prefer/like
  • Start with products with a price point lower than $100
  • Use ClickFunnels or Shopify to create your e-commerce store
  • It used to take 6 months to make a website, now it takes less than 60 minutes
  • Most narcissists don’t see themselves as narcissists
  • Extroverts like new things; introverts like routines
  • Machiavellianism is sneaky, two-faced, manipulative; linked to being bullied as a child
    • Characterized as people who pursue in an interpersonally exploitative strategy
  • Higher narcissism means higher extroversion and creativity
  • Childhood bullying is tied to higher levels of machiavellianism
  • Studies show men are more psychotic than women
  • Use Narcissism Personality Test to find out which how you score on: authority, self-sufficiency, superiority, exhibitionism, exploitativeness, vanity, entitlement
  • Don’t only learn from your own experience; listen to others’ mistakes to prevent them from entering your life
  • Don’t let ego get in the way of your methodology during times of success; do the risk analysis
  • Listen to your mentors
  • Study your past patterns/cycles to figure out what was behind times of success and failure
  • Refocus on the relationship on your customer
  • Being honest can double your click-through rates
  • Every online business has 3 elements:
    • How you’re going to drive people to the website
    • A landing page that offers a small exchange of value for email address
    • Lifetime value for visitor moving forward
  • You want to sell things with a price point less than $100
  • Making your online business subscription model will triple your revenue
  • Use ClickFunnels to start a website with sales funnels cooked into it
  • New entrepreneurs are better off selling other people’s products.
    • Next step is: white-label someone else’s product or come up with your own proprietary product
  • Use your iPhone to film intro video that will live on the landing page of the website
  • Difficult for visitors to leave if there is a picture of a human face looking out of the computer
  • Optimize your landing page mobile
  • Jeff Bezos’ original Amazon.com in 1994 cost $100,000
  • Think of Facebook Ads in terms of pizza: campaigns, ad sets, and targeting
  • Always optimize for conversion (usually for sales)
  • Try to make money while you’re doing other stuff
  • The key subscription models is retention
  • Make 3-4 minute video ads on YouTube and Facebook that route visitors to your site
  • Use USPTO.gov to check your name against existing trademarks
  • There’s no chance without a change in your routine
Direct download: TLS_2-18-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

“People are procrastinators. Give them a reason to buy right now or else they won’t.” - Tai Lopez

(click to tweet)

The goal is robotic income.

This is the type of revenue stream that doesn’t require active work. Essentially, you’re making money while doing other things. To do this requires building a business that’s big enough to run by itself or selling product online. For us beginning entrepreneurs, we will start with the latter and use the powers of Shopify and Google Trends to supply niche products at their highest points of demand.

On today’s episode of The Tai Lopez Show, we are discussing how to make money online. By following a simple set of rules, you can create an online revenue stream to supplement whatever income you’re currently generating. Tune in today to hear how to integrate this

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“What do you have to do to make money in business? You have to make more money than you spend. And then you have to attract clients.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • 2 rules to business: make more money than you spend and attract clients
  • Force your website visitors into sales funnel conversions
  • Read The Selfish Gene by Richard Dawkins to learn how to simulate the future without doing it yourself
  • When first starting out, create a more clean website
  • Use video marketing to sell yourself by broadcasting your authority on the subject
  • Sell products that people use, not what you prefer/like
  • Start with products with a price point lower than $100
  • Use ClickFunnels or Shopify to create your e-commerce store
  • It used to take 6 months to make a website, now it takes less than 60 minutes
  • Test your marketing ideas using different Facebook campaigns
  • Sell on Amazon: most people prefer buying online there because credit card is stored
  • Show don’t tell; demonstrate your product and the reward you get from using it
  • People are procrastinators: give people a reason to buy now
  • Display social proof (how many people liked your product) on your website
  • Look to small franchises over small business owners
  • We all want: health, love, wealth, happiness
Direct download: TLS_2-17-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT

Learn new skills insanely fast with MentorBox here!

“Most entrepreneurs fail at targeting. They have OK landing pages, good creative assets, but they don’t know how to target. Spend marketing dollars on the people who will actually purchase your product.” - Dr. Alex Mehr

(click to tweet)

An online presence doesn’t just mean an opportunity to market your business.

It means create an online revenue stream. Even the brick-and-mortar restaurant can bottle their specialty mustard and sell online. As our society shifts more and more to a global digital economy, we must find ways to make money online.

On today’s episode of The Tai Lopez Show, we are joined by Dr. Alex Mehr. He is the CEO of MentorBox, an online book subscription service. In the past, he has run online businesses that have done over $1 billion in revenue. Today, we hear his insights on what it takes to launch a successful online business. Tune in to hear his expertise and take your business to new heights!

Learn powerful skills insanely fast with MentorBox here!

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“New entrepreneurs are better off selling other people’s products. That’s the first step. Next step is: white-label someone else’s product or come up with your own proprietary product.” - Dr. Alex Mehr

(click to tweet)

Points to Keep In Mind

  • Every online business has 3 elements:
    • How you’re going to drive people to the website
    • A landing page that offers a small exchange of value for email address
    • Lifetime value for visitor moving forward
  • You want to sell things with a price point less than $100
  • Making your online business subscription model will triple your revenue
  • Use ClickFunnels to start a website with sales funnels cooked into it
  • New entrepreneurs are better off selling other people’s products.
    • Next step is: white-label someone else’s product or come up with your own proprietary product
  • Use your iPhone to film intro video that will live on the landing page of the website
  • Difficult for visitors to leave if there is a picture of a human face looking out of the computer
  • Optimize your landing page mobile
  • Jeff Bezos’ original Amazon.com in 1994 cost $100,000
  • Think of Facebook Ads in terms of pizza: campaigns, ad sets, and targeting
  • Always optimize for conversion (usually for sales)
  • Try to make money while you’re doing other stuff
  • The key subscription models is retention
  • Make 3-4 minute video ads on YouTube and Facebook that route visitors to your site
  • Use USPTO.gov to check your name against existing trademarks
  • There’s no chance without a change in your routine
  • Read The H Factor of Personality to learn how to categorize people
  • Be careful of how books become outdated in more tech-related categories

Learn new skills insanely fast with MentorBox here!

Direct download: TLS_2-16-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT