The Tai Lopez Show

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“Take shortcuts anytime you can, and shortcuts often mean learning from others” - Tai Lopez

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A lot of people have negative connotations around money. We hear that money is the root of all evil. And yet, money is absolutely required in order to do good in the world, to not be a burden to others, and to live a fulfilled and happy life in the modern age. Get rid of any preconceived notions you may have about any inherent evil in money. If you want to do good in the world, get rich.

In addition, today I talk about how you can use mentors as shortcuts in life, why family advice is often bad, what it means to be penny-wise and dollar-foolish, and how fear can be a powerful motivator to drive you to success.

“Use fear as a motivator to succeed” -Tai Lopez

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Points to Keep In Mind

  • Quality over quantity, in everything you do
  • Family will often have perverse incentives for their advice, built around their regrets, what they wish they had done, etc
  • Take shortcuts anytime you can, and shortcuts often mean learning from others
  • Many people are penny-wise and dollar-foolish, which means they’ll pay for small things that don’t help, but not things that will move the needle in their life
  • Seek out mentors, which are one of the most powerful shortcuts in life
  • Mentors can take the form of people, books, podcasts, or online courses
  • Use fear as a motivator to succeed
  • Use money to create experiences, because experiences will improve your quality of life
  • Money is 100% necessary to having a good life. It might not be everything, but it is necessary
  • Money is also necessary to do great good in the world

“Use money to create experiences, because experiences will improve your quality of life” - Tai Lopez

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Direct download: Tai_Lopez_-_Ep_1-31-17_-_FINAL_MIX.mp3
Category:general -- posted at: 2:00am PST