The Tai Lopez Show (general)

“In 20 years, the Golden Globes will be completely different. The votes will be done through the blockchain and it will be verified and honest.” - Tai Lopez

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Why wasn’t Wind River nominated for Best Movie?

Because The Golden Globes are centralized. The moment a system becomes centralized, it becomes corrupt. As soon as elected officials meet in a boardroom or votes are tallied behind closed doors, whatever that system’s goal was, is now compromised. This is the reality of centralization, and if you look across our society, you see it in every sector.

On today’s episode of The Tai Lopez Show, we are discussing centralization and how it permeates through every industry. With the advent of blockchain technology, we can be certain that this will not be the case in the near future.

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

“It’s like a calculator. Crypto and blockchain technology have the power to take out human emotion so you get better answers.” - Tai Lopez

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Points to Keep In Mind

  • Centralization leads to corruption
  • Blockchain technology removes corruption by decentralizing
  • Integrate the 25 cognitive biases into your marketing material
  • In theory, democracy is supposed to elect the best candidate but this doesn’t happen
  • Laziness and procrastination are the killers to productivity
  • Invest in the causes you believe in

 

Direct download: Tai_Lopez_-_1-11-18_-_FINAL_MIX_V2.mp3
Category:general -- posted at: 2:00am PST

“A lot of people make the mistake of ‘Oh I like this product, therefore I want to sell and market it.’ You can’t do that. You have to figure out what other people want and then just market that.” - Adrian Morrison

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In digital marketing, there are many different avenues to choose from.

Email campaigns, social media, Google AdWords, the list goes on. How do you know which channel is the best for your product? And even if you do know which, how can you maximize the utility of the platform?

On today’s episode of The Tai Lopez Show, we are joined by internet marketer and entrepreneur Adrian Morrison. Adrian specializes in harnessing the Internet’s power to precisely target the most motivated sellers of your product. Tune in to learn more about his strategy.

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

“You can’t be emotionally attached to the stuff you’re marketing because the goal is to make money.” - Adrian Morrison

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Points to Keep In Mind

  • Facebook ads allows you to target specific age groups, demographics, groups of interest, etc.
  • You’re either winning or learning when running ads
  • If you’re doing a low-ticket sale ($10-$25), you want to see 1 sale in the first 3 days
  • Always be checking your progress against the question, “Do you want to be right or do you want to be rich?”
  • It’s very easy to see the formulas for success on social media by looking at others’ pages
  • Look at what other people are selling, not the products you think people need
  • Use AliExpress to find products to start drop-shipping brands
Direct download: Tai_Lopez_-_1-10-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“The most powerful words in life are ‘Can you help me?’ Don’t be proud. I don’t value pride.” - Tai Lopez

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Productivity is a tricky thing to master.

That's because the more time we spend learning about it, the less productive we feel. The productivity books we read and podcasts we listen to are, in a sense, a distraction from the work we know we need to do. But that is all just our mind playing tricks on us. You have to spend time sharpening your axe. And our axe is our mind, and our sharpener is knowledge.

On today’s episode of The Tai Lopez Show, we are digging into productivity. 2018 is the year of getting ten times the output with half the effort. How you achieve these numbers is through a more productive daily routine.

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

“Sometimes repercussions are all we need to fix our bad habits.” - Tai Lopez

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Points to Keep In Mind

  • The good news is: procrastination, laziness, and inefficiency are fixable problems
  • Work hard play hard, you cannot work every hour of every day
  • An efficiency goal is to create 2x the output with ½ the effort
  • Check your pride at the door when collaborating with others
  • Sam Walton’s management style is looking over the shoulder, not micro-managing
  • Respect people who make decisions
  • It’s the not the strongest or smartest who survive, it’s the most adaptable to the environment that they find themselves in
    • Learn to love change
  • Move forward with people by imagining a reality where you could choose whether or not you had this person in your life
Direct download: Tai_Lopez_-_1-9-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“I’m not an optimist or pessimist, I’m a realist. Look at the facts. If everyone around you is dragging you down, then they have to go.” - Tai Lopez

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Put on your blinders.

2018 is the year of focusing on what you want and getting it. If that was your attitude at the beginning of 2017, and you didn’t get it what you wanted, figure out why. Luckily, we live in the world of information and the answers to self-improvement are here. You cannot increase your output without decreasing something else.

On today’s episode of The Tai Lopez Show, we are discussing how to achieve our goals for the new year. So often we launch into January full of ambitions but not ready to implement the discipline required to reach them. This year will be different, as we learn the underlying causes for why our goals are either met or not met. The fact is this year will be as good as you want it to be.

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

“What’s more practical than understanding the scientifically validated psychology and personality traits of other human beings? The geometry and hypotenuse of a triangle? The school system scammed us all.” - Tai Lopez

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Points to Keep In Mind

  • Try to learn early, neuroplasticity stops at around age 25
  • Procrastination is the killer of hopes and dreams, but the good news is it can be conquered
  • Studies show more dopamine receptors means higher ambition
  • Be mindful of whether you are negatively or positively reinforcing your goal-achievement
    • Is stress or reward driving you?
  • It’s almost impossible to self-correct our courses
  • We’re built to learn and do everything in groups
  • There is no change without a change in routine; try a change in social routine
  • It’s the not the strongest or smartest who survive, it’s the most adaptable to the environment that they find themselves in
  • Don’t be the sucker, be loyal only to those who are loyal to you
  • Seek out personality tests to better gauge those around you
    • Maslow’s: hierarchy of needs: 1) physiological, 2) safety, 3) love/belonging, 4) esteem, and 5) self-actualization
  • If you have major narcississists in your life, then are probably a narcissist
  • Beware of psychopathology and machiavellianism
  • Don’t have friends who aren’t agreeable
  • Conscientiousness is diligence, prudence, organization, and perfection
  • Turn off all notifications: social media is designed to make you unfocused
  • The average millionaire has 5-7 revenue streams in his/her life

Resources

Direct download: Tai_Lopez_-_1-8-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“You’re only free when you’re the master of your thoughts.” - Tai Lopez

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Sometimes the path to self-improvement requires brutal force.

And in a world where self-help books coddle your ego, achieving your desired results is difficult to manifest. Inviting criticism is a way to hack your motivation centers by giving others direct access to your ego. When you flaunt your weaknesses, the feedback you receive, if absorbed as pain but reoriented as fuel, can improve day-to-day performance.

On today’s episode of The Tai Lopez Show, we are examining a specific route for us to take on the road to self-improvement. While most tell you to surround yourself with support, this lesson is quite the opposite. Inviting criticism is something we understandably don’t do because of the potential ego damage, but if executed correctly, can result in a sure-fire way to fuel motivation.

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

“If someone makes fun of you for being too skinny or too fat, ask a doctor if they’re right. If the doctor says you need to gain 20 pounds or lose 20 pounds, then listen to the doctor and be thankful you got those negative comments because they pushed you to health.” - Tai Lopez

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Points to Keep In Mind

  • Arnold Schwarzenegger flaunted his weak legs to invite criticism to fuel his fire
    • He covered his upper body because that was his defense/protection
  • Sigmund Freud said that pain is subjective
    • Arnold Schwarzenegger repurposed the pain as motivation
  • Don’t try to fix stupid people
  • Sensitivity feeds upon itself
  • The Internet is a double-edged sword: good outlet for introverts but breeds unrealistic expectations about dialogue
  • Studies show that those who leave negative comments on social media have psychological pathology
  • Use negative comments as fuel not reason to take offense
Direct download: Tai_Lopez_-_1-7-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

 

“Every single day you should read. And every single day you should act upon what you learned. Why do people think it has to be one or the other?.” - Tai Lopez

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The woodcutter who doesn’t sharpen his axe cuts down fewer trees.

This is a lesson for all of us. In today’s world, where work is so unrelentingly emphasized, it’s hard to take time off the daily grind to sharpen our brains without feeling like you’re falling behind. But that’s the illusion. The woodcutter who doesn’t take time to sharpen his axe ends up being more unproductive in the long-run.

On today’s episode of The Tai Lopez Show, we are discussing the value of reading. When is the last time you read a book cover-to-cover? If that question is hard to answer, it’s time to recognize that your modern-day axe (your brain) is becoming dull from the daily grind. Today’s insights will help you reach the conclusion that gathering knowledge is equally important as applying that knowledge in your day-to-day.

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

“What separates people on the path from zero to a million are the people who use better tools. Sharpen your axe.” - Tai Lopez

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Points to Keep In Mind

  • Learn to read people’s neuroticism when hiring
    • Too low of neuroticism is hippy-demeanor, will not be focused
    • But high neuroticism will overreact to small thing
  • Low conscientiousness is procrastination, laziness, not goal-oriented, etc.  
  • Shy extroverts are very different than introverts but have similar first impressions
  • Read Personality By Daniel Nettle to learn how to read people using the Big 5
  • Knowledge is useless unless you learn how to apply it
  • Bill Gates says he will always choose the lazy person to do the job because that person knows how to do it the quicker way
  • Reprogram your mindset to be more efficient
  • Spend hours sharpening your brain, and then you will go out and execute
  • Don’t be a slave to productivity, and think about how to spend your time instead of just working all the time
  • It’s harder to stay in shape for ten years than it is to make money for ten years
Direct download: Tai_Lopez_-_1-6-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“The criminal-justice system is corrupt. The prisons are unfair. Innocent people get thrown in and forgotten about.”

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Studying history sheds light on our present-day.

Our governmental systems don’t seem so flawed when we recognize that it’s been this way forever. Our dating habits no longer feel influenced by technology when we talk to an elder who made the same mistakes we did. Our life as a whole feels like a repeated beat, which brings relief to those of us who question our everyday.

On today’s episode of The Tai Lopez Show, I am talking to my 99 year-old grandmother about her life. Born in Germany and having lived through both World Wars, she has carved a uniquely profound lens on the world. Her insights make sense of the complexities in the world around us. From relationships to government, the distilled knowledge will help us navigate our day-to-day with more thoughtful analysis of life.

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

“In my time, people had to go to college. Today, not so much. The world has changed.”

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Points to Keep In Mind

  • Many people pick the wrong occupations in life, important to stay true to yourself
  • In people, narcissism can be disguised as interesting
  • Families can change, but most stay the same over time
  • The world has changed where college is no longer a requirement for success
  • If gifted with your hands, seek out trade school over academic college
  • Intellectual curiosity is tied to seeking academic people
  • Most people submit to the effects of old age; exercise is key to living a long and healthy life
  • German influence is rooted around discipline
Direct download: Tai_Lopez_-_1-5-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“When I came in with a pitch deck, it was one conversation. When I came in with a working prototype, it was another conversation and a lot friendlier.”

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Raising capital isn’t like Shark Tank.

It involves a lot more meetings with a lot less glitz and glamour. Time after time, you stand in front of a boardroom, guiding a group of investors through your pitch deck and prototype. For those of us who’ve done this, we know the routine. For those of us who haven’t, we’re seeking advice on how to best approach raising capital.

In today’s episode of The Tai Lopez Show, we are joined by Crystal Rose of Sensay. Crystal has successfully launched three different tech companies, all involving different methods of raising capital. Today, she shares her insights on how to approach raising capital; and, once you’ve secured investment, how to best go about allocating those funds.

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

“When you get overcapitalized, it’s actually a detriment. Because you then just go get fancy offices and focus on the furniture, what the lamps are going to look like.”

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Points to Keep In Mind

  • Raising money is very difficult and necessary
  • Traditional VC route involves a drawn-out process of hundreds of meetings
  • A prototype will reveal that you need less money than you think and how easy it is to obtain users or customers
  • Only raise money when you need it and have a plan
  • Don’t arbitrarily pick a number; instead, have a roadmap
  • Harness the power of bots when building communication into your product
  • You must be smart with your money, even if you’ve raised a surplus of capital
  • There are many different types of capital
    • Human capital: what you believe you can earn money on
    • Social capital: the likes on our various networks
Direct download: Tai_Lopez_-_1-4-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“You have to know more about your business than everyone else in the world. Otherwise, someone’s going to kick your ass.” - Mark Cuban

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Learning from others has its time and place.

But at some point, we must figure out the answers ourselves. If you’re always the one seeking advice and mentorship from others, you won’t ever develop the skills to find out what your personal north star is trying to tell you. Once you tap into your own calling and curiosity, the world opens up and you discover your skills by listening to yourself.

This is exactly what happened for Mark Cuban. On today’s episode of The Tai Lopez Show, we are joined by the billionaire to discuss what it takes to reach his level of success. As a young 20-something, after discovering that he was skilled at technology, Cuban founded his first company, MicroSolutions. Since then, he’s gone on to forging a net worth of over $3 billion. He is the star of Shark Tank, the owner of the Dallas Mavericks, the author of How to Win at the Sport of Business, and a source of knowledge for all of us to tap into.

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

“I’d be lying if I said I knew I was going to be a billionaire or that I thought it was even possible. It never crossed my mind. I just found whatever it took to motivate me.” - Mark Cuban

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Points to Keep In Mind

  • The one thing you can control is effort
  • Find something you love to do, be great at, and find a way to sell it
  • Follow your curiosity, not your passions
  • Don’t look to others for answers, find them yourself
  • Find out what motivates you and do that
  • Look at how technology is being used today to figure out where it’s going tomorrow
  • Age is relevant to your entertainment-watching decisions
  • As you get older, you take the path of least-resistance

 

Direct download: Tai_Lopez_-_1-3-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST

“I’m all about having mentors in your life. Successful people who push you and are positive to be around. Because there’s a lot of haters out there.” - Matt Altman

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Real estate is the ultimate meritocracy.

The agent who sees the most properties and talks to the most people is likely to be the one making the most money. Most of the industries we work in share this undeniable truth, but technology has redefined this up-and-close hustle to be more about SEO and social media marketing

On today’s episode of The Tai Lopez Show, we are joined by The Altman Brothers. In 2008, after the market collapsed, they moved out of their multi-million dollar mansion into two-bedroom apartment. Now, in the past 5 years, they’ve sold over $2 billion in property. How they achieved their success was through a unique type of hustling that involved walking the hills of Hollywood and talking to the people standing in line at Starbucks. Tune in to learn their tricks and take your hustling mindset 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!

“I love cold-calling because people hang up on me and I move onto the next one. It fuels the fire inside because you want to make that sale.” - Josh Altman

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Points to Keep In Mind

  • Don’t invest too heavily in one thing; be diversified across the board
  • You have to be proactive; take people out to lunch
  • Many different avenues to make money in real estate: Commercial, lending, buy/hold, agent
  • In real estate, sit in at other people’s open houses; but don’t sit, get up and walk around with the visitors
  • You have to pay your dues to become successful
    • When you start out, you need a ‘servant’s heart’ and to put in ‘sweat equity’
  • Frame your candidacy as no-risk for the employer
  • The younger generation’s instant gratification mindset is frustrating for older employers
  • Invest in things you can touch, and/or things you believe in
  • Love what you do and you will work no day in your life
  • Real estate is one of the few jobs where you are your own boss 
Direct download: Tai_Lopez_-_1-2-18_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST