The Tai Lopez Show

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

“Try to attain wisdom rather than just information” - Tai Lopez

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Information is important, but facts can distract from the foundational principles of the world. A lot of people get far too caught up in the process of attaining peripheral information, rather than exploring and seeking to deeply understand the principles and foundations of life. Things like general economics, social skills, the ability to read people, and financial principles, are the kind of foundational knowledge that you should be seeking to acquire.

Because without them, when you simply focus on the peripheral information and education, it’s easy to be led astray by things that are not true. But knowledge and wisdom of foundational principles will allow you to see through the lies, identify them, and allow you to build on that foundation in a strong way so that you can be more successful in life and your pursuit of health, wealth, love and happiness.

“Wisdom is the common sense you get from being curious and observant” - Tai Lopez

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Points to Keep In Mind

  • Everyone has a different opinion on how to lead the best life. But you need focus in your life if you want to see success
  • If you aren’t careful in life, you just won’t get anything done
  • Try to attain wisdom rather than just information
  • Understand the foundational principles, so that you don’t get distracted by all of the extra information available. Without the foundation, you won’t be able to tell the truth from the lies
  • If you don’t have common sense and wisdom, you can make a lot of money, but will probably lose it
  • Sometimes you must be cynical, and sometimes cynicism closes the door on opportunity
  • Most problems come from problems of how to interact with people
  • Wisdom is the common sense you get from being curious and observant
Direct download: Tai_Lopez_-_EP_5-19-17.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 people only make money with time, but making it with money is infinitely scaleable” - Warren Buffett

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This episode is a recounting of the notes I took at a recent Berkshire Hathaway shareholder’s meeting. Speaking and in attendance were Warren Buffett, Bill Gates, Charlie Munger and many more, so on this episode I am going back through my notes to deliver the takeaways and key points to you.

Throughout the meeting, they got into issues like the concept of making money with money instead of time, why you should specialize, why you must be a constant, life-long learner, why good health is essential and should be a priority, as it will affect everything else that you try to do, and why you should do what you want to do NOW instead of waiting for the perfect time.

“College degrees are fine, but what are you learning RIGHT NOW?” - Tai Lopez

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Points to Keep In Mind

  • One of the definitions of investing is the ability to make money with money
  • Most people only make money with time, but making it with money is infinitely scaleable
  • You have to understand the basic fundamentals before getting into advanced topics
  • You can’t be good at everything, you MUST specialize
  • Experiment, find what you’re good at, and then double down on that
  • Problems will not go away if left alone, they will only get worse
  • College degrees are fine, but what are you learning right now?
  • You don’t need a lot of wins to make a lot of money, you just need a few good ones
  • If you let your health go down, it will negatively affect the rest of what you’re trying to do
  • When you pick your career, don’t pick entirely based on money, pick based on your interest
  • Be cautious when making investments based on EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization)
  • Capitalism will always hurt a few while benefitting society as a whole
  • Every type of society has pros and cons
  • Never tell anyone about your problems. 90% of people don’t care, and the other 10% that do care are glad you have them

The 7-Takeaways

  1. Focus on your circle of competence- what you KNOW you’re good at
  2. When a problem arises, in any situation, deal with it quickly
  3. A life of continuous learning is a life that’s well-lived. The more you learn the more you earn
  4. You can’t catch all the investments. Know that you will miss some, and be ok with that
  5. While you do learn new things, be sure not to unlearn the old principles
  6. Keep your physical body in good shape, otherwise it will negatively affect the rest of what you do
  7. If you have something to do, don’t wait! Age will sneak up on you
Direct download: Tai_Lopez_-_Ep_5-16-17.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 want to convince and persuade someone, appeal to their desires” - Tai Lopez

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Everyone needs to learn how to persuade other people if they want to be successful with anything in their life, but most people are going about it all the wrong way. Because most people think about themselves almost all of the time, are obsessed with themselves, their feelings, emotions and desires, these are the things that you need to appeal to if you want to be persuasive.

This might seem obvious, but very, very few people are really good at putting themselves in someone else’s shoes and really approaching a conversation, whether sales or other, from that viewpoint.

Today, we’re talking about how to effectively persuade someone through the skill of looking at life through the lens of their desires and emotions, not your own.

“People are in love with themselves, not with you, and good marketers understand that” - Tai Lopez

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Points to Keep In Mind

  • If you want to convince and persuade someone, appeal to their desires
  • Nobody is ever convinced by logic. Appeal to desires, self interest, and emotions instead
  • Emotion is still the most powerful thing in almost anyone’s life
  • Start with other people’s interest, instead of your own, when you’re asking for anything
  • People are in love with themselves, not with you, and good marketers understand that
  • Focus on other people, and bring up your own needs last
Direct download: Tail_Lopez_-_EP_5-15-17.mp3
Category:general -- posted at: 2:00am PDT

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

“Ask people to do something small for you to find out if they should be your friends or not” - Tai Lopez

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Do you want to know the number 1 test to determine whether or not you should be friends with someone? The single test that will determine whether someone will be a benefit to your life, and lift it up, or whether they will be a drag on it, and pull you down? Ask them to do something simple for you.

That’s right, it’s as simple as that. But why does it work so well? Why will that immediately reveal whether you want someone in your life or not? And how do you do this test right? Find out in this episode of The Tai Lopez Show!

“Reading people is by far the most important skill” - Tai Lopez

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Points to Keep In Mind

  • Ask people to do something small for you to find out if they should be your friends or not
  • Reading people is by far the most important skill
  • Find out if people will be flexible enough to share their time with you, to find out if you want them as friends
  • Don’t make friends because you’re trying to help them. Find friends that will help you out
  • Then, make sure you are flexible back to them
Direct download: Tai_Lopez_-_EP_5-12-17.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 want to be successful, there will be a point in your life when people will doubt you” - Tai Lopez

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Today we’re looking at several different google trends from around the world. If you want to be successful and have the opportunity to make a lot of money, it’s very important to be able to spot and take advantage of trends quickly, and google trends is one of the best ways to do that.

In addition, today we’re talking about why people will doubt you on your way to success. Then, when you are successful they will love and praise you, and then, chances are, they will hate you again, because public opinion is fickle, and it’s important to know that going in, so that you don’t tie your own self-worth to the public’s opinion of you.

“Look at both sides of issues, don’t be close-minded” - Tai Lopez

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Points to Keep In Mind

  • Use google trends to stay on top of what is happening in the world, and catch the trends as they come
  • Look at both sides of issues, don’t be close-minded
  • If you want to be successful, there will be a point in your life when people will doubt you
  • The people who doubt you will eventually love you, and then probably hate you again. The public opinion is fickle
Direct download: Tai_Lopez_-_EP_5-11-17_v2_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

“Always stay on top of the trends. Catching trends is one of the best ways to make money” - Tai Lopez

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When you look at the stories of those who have done and accomplished incredible things, you will almost always find a point at which they were so far down on their luck, they were ready to give up, and thought it was all over for them.

When you feel discouraged or ready to give up, look at these stories, and consider the characters. If you feel like it can’t get any worse, know that people have gone through worse, come out on top, and you can too! Times of discouragement will come to everyone, so know that those stories are out there for you to draw courage from, and to help you pull through!

“It’s always the most adaptable that survive” - Tai Lopez

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Points to Keep In Mind

  • Keep an eye on google trends to know what’s going on in the world, and understand the trends
  • When you’re down on your luck, look to the examples of those who have done great things in the world, and realize that most of them have gone through it
  • Always stay on top of the trends. Catching trends is one of the best ways to make money
  • It’s always the most adaptable that survive
Direct download: tai_lopez_-_5-9-17_V2_-_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 people quit right before they could become successful” - Tai Lopez

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Social media is not going away anytime soon, and so those who can learn to effectively use it and grow their following steadily over time will win. That is the simple truth of the matter, and if you can’t see that, you will sadly be left behind in today’s economy.

But to grow a social media following takes careful thought, a willingness to experiment and observe the results, and tweak your processes to match what you find. This is what too many people miss: Because you can simply delete a social media post if you decide it was a bad idea, what is holding you back from posting? Experiment!

Listen to today’s episode to find out more about how I was able to grow my Instagram to 2 million followers and how you can too!

“Social media is not a fad or going away anytime soon, so put work into learning it and getting better at it” - Tai Lopez

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Points to Keep In Mind

  • Be patient with your process of growing followers
  • Don’t get stuck in the habits of posting the same way over and over again
  • Don’t be afraid to experiment a lot of posting
  • Most people quit right before they could become successful
  • In life, the persistent and patient win
  • Try different types, time, etc, and be very observant about what gets the most likes and most comments
  • Social media is not a fad or going away anytime soon, so put work into learning it and getting better at it
Direct download: tai_lopez_-_Ep_5-8-17_-_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

“You are what you are, and you have to build on your strengths” - Tai Lopez

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Have you heard the saying “jack of all trades, master of none?” It comes from the idea that someone who tries to do EVERYTHING might end up not being really good at anything. It’s the idea behind specialization. Too many people are trying to be too broad, or are trying to build on their weaknesses, instead of recognizing their strengths and working on those, to optimize their results.

Then, work to surround yourself with people who have strengths in areas that you have weaknesses in, so that every area is covered. To spend too much time, energy, and effort working on your weaknesses will only be a waste of time.

Therefore, the key is to be able to accurately identify your real strengths, and this is something that most people have a very hard time doing. Listen to this episode to learn how to find your real strengths, and build on them, to live the best life possible!

“Awareness about yourself and who you are is the most important, first step” - Tai Lopez

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Points to Keep In Mind

  • The idea of authenticity is tricky, because it tends to mean different things to different people
  • You can change part of you, but part of you will always remain the same
  • You are what you are, and you have to build on your strengths
  • You’re wasting your effort and energy if you’re building on your weaknesses instead of your strengths
  • You can be very successful without trying to become someone other than who you are
  • Very few people actually have a good understanding of their strengths
  • A lot of people project what they wish was their strength, when it is not
  • Society will tell you that you need to be one way, but society speaks in generalizations which are often not completely correct
  • To find your strengths, go back to what people said about you when you were very young
  • Make a list of all your goals over the last 18 months, and then be very honest about which things were actually accomplished, and which you didn’t really do
  • Don’t beat yourself up over your weaknesses, focus on improving your strengths
  • Surround yourself with people who complement your weaknesses
  • No matter what your personality is, there’s somebody who is the exact opposite, and you should get around people like that
  • Awareness about yourself and who you are is the most important, first step
  • Find a balance in your life between all the things that you want, and allocate time
Direct download: tai_lopez_-_Ep_4-27-17_-_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

“The main reason that people procrastinate is because they don’t have the right rewards setup for themselves” - Tai Lopez

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Most people have an extremely difficult time being productive and getting everything done that they need to because they constantly procrastinate. If you could learn how to end procrastination in your life, your productivity and output would absolutely skyrocket.

Today’s episode is about how you can set the right rewards in your life to make sure that you always have plenty of motivation to get beyond the temptation to procrastinate. And while the exact rewards will vary from person to person, the most important thing is knowing yourself well enough to know what rewards need to be set up for you, in order for you to not procrastinate.

“Stay calm and cool under pressure” - Tai Lopez

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Points to Keep In Mind

  • The reward is never as good as you think it will be, and pain is never as bad as you think
  • Money is not as great as people think
  • The school system is messed up because it doesn’t show reward to make people want to work
  • The main reason that people procrastinate is because they don’t have the right rewards setup for themselves
  • Use the rewards that you know will inspire you to massive action
  • More important than money, fast cars, or any material thing, is really understanding what inspires you
  • Stay realistic about each step of your life, keep it in context, probably none of it is as big a deal as you think
  • Stay calm and cool under pressure
Direct download: tai_lopez_-_Ep_4-20-17_-_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

“At least 70% of the people who meet will be psychologically abnormal in some way” - Tai Lopez

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Do you know what the Dark Triad is? The Dark Triad is a test that people can take that will show them what levels of narcissism, machiavellianism, and psychotic tendencies they have, and it one of the most telling tests for whether you want someone in your life or not.

As you go through life, you need to start recognizing these traits and tendencies in others, so that you can be on the lookout for them, and know which people to be careful around! Knowing how to read people is one of the most important skills you can develop, and I talk about it a lot. This episode is all about the dark triad character traits you need to look out for in your acquaintances, and how to spot them.

“Learn how to recognize different psychological issues in other people, and how to deal with them” - Tai Lopez

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Points to Keep In Mind

  • At least 70% of the people who meet will be psychologically abnormal in some way
  • Understand this, and be on the lookout constantly
  • Learn how to recognize different psychological issues in other people, and how to deal with them
  • Use the Dark Triad test to understand people better
  • Narcissistic people are in love with themselves, but also insecure about how they are, so always looking for ways to exploit other people to make them seem bigger
  • Machiavellian people are manipulative, and out to get you as soon as your back is turned. Often, it’s because they were bullied when they were younger
  • Psychotic people have no remorse for the bad things they do
  • A lot of entrepreneurs and business people are psychotic, and have no remorse for the bad things that they might cause
Direct download: tai_lopez_-_Ep_4-18-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PDT