Get unlimited access to 20,000+ free and premium classes at skillshare.com/tai

“How do you figure out what career to choose? You have to think of yourself as a detective and look for clues.” - Tai Lopez

(click to tweet)

Your 6-pack doesn’t matter if your bank account stresses you out.

And it doesn’t matter how much money you have if your friends aren’t supportive of you. The juggling act of life is not easy, but if we don’t rise to the challenge of it, then we will end up with lopsided strengths and crippling weaknesses.

On today’s episode of The Tai Lopez Show, we are discussing the 12 foundations to health, wealth, love, and happiness. To live the good life, you must conquer each of these four domains at the same time. How you do this is by deliberately and methodically placing energy into finding your strengths in each. By examining your mind map or conducting The Saturday Test, you will find your passions and move forward in the right direction. Tune into today’s episode to apply these learnings to your life plan.

You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“At the end of the day, what does it matter if you have a 6-pack if your bank account stresses you out?” - Tai Lopez

(click to tweet)

The more you LEARN, the more you EARN. Go to skillshare.com/tai to get 2 months for $0.99!

Points to Keep In Mind

• Studies show 80% of people don’t like their career
• It is very possible entrepreneurs start businesses they don’t like
• Think of yourself as a detective looking for clues when figuring out a career
• Use The Saturday Night Test to understand your true interests
• • What do you talk about on a Saturday night, when no work is needed to be done?
• If you have to take a vacation from your job, you should never come back
• Read Flow by Mihaly Csikszentmihalyi to achieve optimal performance
• Set up your business to be on the Internet, so you can achieve automatic income
• The scientist Helen Fisher says that our mind map is formed between the ages 14-18
• • This determines our interests and passion; what we should choose as a career
• Take a psychometric test to figure out what you should do for a living
• Do not underestimate the power of what you grew up around

Want to learn a new skill? Get 2 months of Skillshare for just $0.99! Sign up at skillshare.com/tai!

Download the highest-rated podcast app Castbox for FREE here!

The Tai Lopez Show is produced and managed by Kast Media. Learn more at KastMedia.com

Problems hiring? Go to ziprecruiter.com/tai for a smarter way to hire for FREE!

“Biology works by trial & error, and then it keeps the best. If you apply that to business, it’s a very powerful heuristic.” - Tai Lopez

(click to tweet)

In evolution, the environment selects which genes to push forward.

And in business, the market determines which ideas are successful. Both biology and entrepreneurship rely on something external to tell them what to do. Thus, we can learn how to build a business from examining the principles of biology.

On today’s episode of The Tai Lopez Show, we are discussing why trial and error is the most effective approach to building something great. While developing your product or service inside a locked room might seem like the right thing to do, you must let the environment influence the design. If you don’t, you run the risk of building an idea that people won’t want. So tune in to today’s episode to learn why your $1-million idea only comes from listening to your environment!

You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“People learn the most by osmosis. Just being around other people. There should be more internships, apprenticeships, and shadowing.” - Tai Lopez

(click to tweet)

Learn about a smarter way to hire for FREE at ziprecruiter.com/tai!

Points to Keep In Mind

• Shadow mentors in careers or industries that you’re interested in
• Get out of the city at least once/month
• • Go back to your roots and be amongst nature, animals, and serenity
• Writing down 3 things you’re thankful for every night has the same effectiveness as anti-depressant medication
• Understand that you get what you pay for in life
• Carbohydrates are produced through photosynthesis in plants, grains, etc.
• Protein costs significantly more than carbs to produce
• They can now genetically engineer foods to have amino acids people are deficient in
• Apply biology’s trial & error system to your business
• Your body has built-in defense mechanisms to prevent disease

You can’t do everything alone! Go to ziprecruiter.com/tai for a smarter way to hire!

Download the highest-rated podcast app Castbox for FREE here!

The Tai Lopez Show is produced and managed by Kast Media. Learn more at KastMedia.com

“Go shadow people. A dentist, a doctor, a business person. Go shadow for a day or two and see if you like it before you shell out $47,000 per year.” - Tai Lopez

(click to tweet)

Nobody is skeptical of traditional academic institutions.

Yet everyone has an opinion about self-education. The total student loan debt in the United States is now $1.3 trillion, but the attention gets put on the $500 online course that teaches relevant skills like social media marketing or real estate principles.

That’s why on today’s episode of The Tai Lopez Show, we are responding to a comment from Reddit on the validity of self-education. This post accuses those who sell self-education as being scam artists, and by picking apart this argument, we are able to see the value in self-education compared to its alternatives. For a substantially smaller portion of the academic institution’s price, one can receive better and more applicable education. Tune in to today’s episode to learn the value and relevance of what you’re learning on The Tai Lopez Show!

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

“Don’t root against the underdog. The system is what fights progress.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

• It’s important to clarify the things people have mixed-up ideas about
• Compare self-education to traditional academic institutions to put the money in perspective
• Uber cut out the middleman to create a decentralized business
• Shadow people working in the professions you’re interested in before committing your own money to studying them
• On average, becoming a millionaire takes 12-20 years
• Understand that nothing is free in this world
• Be prepared for the upsell academic institutions will try for at the end of your undergraduate degree

“The best marketing is to demonstrate. I don’t tell you why you should listen to me. I show you.” - Tai Lopez

(click to tweet)

If everybody knew how to do e-commerce, this opportunity wouldn’t exist.

But instead people choose skepticism over knowledge. They hear the words “dropshipping” and “e-commerce” and immediately think “That’s a scam!” Why they do this is for their own personal problems, but the reality of making money online is that it’s the great frontier of 21st century business. For under $100 today, you can start a business that can net you millions in under a year.

On today’s episode of The Tai Lopez Show, we are discussing how to make money online. There are many steps involved: selecting a domain name, purchasing a URL, driving traffic to your site or product through social media advertising. Executing each of these steps is the key to launching a successful business on the Internet. Tune in to today’s discussion to learn how and generate a revenue stream that puts you one step closer to financial freedom!

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

“It used to cost at least $100,000 to $200,000 to get into business. Today, you can literally start a business for under $100.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

• Think about business ideas from an angle of what you use in the house
• You want to launch businesses that have competition
• • Example: McDonald’s only has 10% of the fast-food market
• Choose a simple, memorable domain name
• Use GoDaddy or Namecheap when purchasing a domain name
• Look through AliExpress when finding a source for your product
• • AliExpress will do the shipping for you when someone orders your product
• Use Shopify or ClickFunnels to build an online store on your domain
• Today, you can literally start a business for under $100
• When Jeff Bezos started Amazon in 1994, the website cost $100,000
• Use Facebook ads to target specific demographics of people online
• The best marketing is demonstration; show, don’t tell
• To become rich, you must become a master of common sense
• Understand that huge brands can disappear (ex: Myspace and American Apparel)
• There’s no change without a change in routine
• Don’t blame external resources
• There are 3 reasons people are broke: procrastination, fear, and overanalysis

“Most people today drive traffic using Facebook Ads or Instagram. Especially if you have a visual product that looks interesting.” - Dr. Alex Mehr

(click to tweet)

Learn powerful skills for FREE here with MentorBox!

Creating a website isn’t enough.

While you listened to the advice that you need an online presence, you haven’t fully captured the message. A website without traffic is like a store without people. But the difference between having a website and owning a store is that you can manually bring in traffic by harnessing the power of online advertising platforms.

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, like the online dating website Zoosk. 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 new skills insanely fast for FREE 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!

“There’s no change without a change in routine. The only way you hit goals is by changing your ways.” - Tai Lopez

(click to tweet)

Points to Keep In Mind

• Try to start businesses in industries with pre existing competition over completely unknown markets
• Try not to ask your friends how much money their companies are making
• You can use 3 word domains for your business URL
• Research your domain name to make sure you’re not infringing on copyright
• U.S college debt is currently anywhere from $1.3 billion to $2 billion
• Use Shopify over ClickFunnels for design purposes
• Use apps like Recurly, Bold, or Recharge to turn your online business into a subscription model
• The average person makes a 3% raise every year
• Create non overlapping ad sets to make sure you’re hitting all demographics
• Think of Facebook Ads in terms of pizza: campaigns, ad sets, and targeting
• Consider the pricing structure that labels the product as free but charges for shipping
• Use Aliexpress to dropship products from overseas
• Integrate video into your website for better storytelling
• Understand that people don’t want to stand out; they want to be part of a group

Learn new skills insanely fast with MentorBox here!