The Tai Lopez ShowAuthor: Tai Lopez
20 Jul 2019

The Tai Lopez Show

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The Tai Lopez podcast brings you the best business education straight from the world's top entrepreneurs. I will also review the best books in health, wealth, love and happiness that will help you achieve your maximum potential and live the best life possible.

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    4 Law Formula for Generating $100 Million


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    “To build a house, it cannot be too gradual. It has to be punctuated equilibrium.” - Tai Lopez
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    It’s hard to know what to do.
    Yes, we might have the great ideas, or the drive for success, but for some reason the next steps aren’t so clear. Maybe we’re caught in the product development cycle, or it’s possible that we’re hesitating to cold-email in search for a first client.
    On today’s episode of The Tai Lopez Show, we are breaking down the 4 law formula for generating over $100 million. When we harness this approach, the world opens up, and possibility becomes much more clear.
    Tune in to this episode, so you can learn how to best orient your energy in your passion products or anything else!
    Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
    “You need free cash flow. There’s a reason they say, ‘It takes money to make money.’ Because it’s true.” - Tai Lop
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    Points to Keep In Mind
    • The first component of creating a beautiful product is making sure it provokes instant attraction
    • Get rave reviews and testimonials right away in the product’s lifespan
    • Integrate the “can’t-live-without” factor into your product
    • Create systems to minimize mistakes and encourage organization
    • The 10 richest people in the world have a combined worth greater than the lowest 3.5 billion
    • Humans, by nature, have an exploitative trait
    • Conscientiousness is the only personality trait correlated with financial success
    • Six Sigma (6σ) is a set of techniques and tools for process improvement
    • Conscientiousness is broken down to: organization, prudence, perfectionism, diligence
    • Free cash flow is defined as excess cash that exceeds your expenses







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  • Posted on 18 Jul 2019

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    The 3 Rules of Discipline

    “Many people have intentions. Few people reach them.” - Tai Lopez
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    We all want the best possible version of life for ourselves.

    But often times, creating that life comes at a cost. We spend our nights and weekends, hustling on our side projects instead of spending time with our friends and family.

    If we’re not disciplined, these compromises can suffocate us. We lose sight of our initial goal, and start to dream of our past lives.

    That’s why on today’s episode of The Tai Lopez Show, we are breaking down the 3 rules of discipline, so that we can stay focused on the right things when our heads are down in the trenches.

    Tune in to this episode, so you know how to find the thread of discipline in what seems like the midst of chaos during times of hard work!

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

    “Can you stay calm during the storm? That’s emotional discipline.” - Tai Lopez

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    Points to Keep In Mind
    • The 2 longest-lasting organizational structures in history are: family and the military
    • There are 3 areas of discipline: emotional, mental, and physical
    • Research shows that 90% of business owners fail within 5 years
    • “All of humanity's problems stem from man's inability to sit quietly in a room alone.” - Blaise Pascal
    • The universe doesn’t care whether or not you have discipline
    • Download the app Headspace to learn how to quiet your emotions 





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  • Posted on 16 Jul 2019

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    The 7 Truths & Myths About Passive Income

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    “Don’t ever let people oversimplify.” - Tai Lopez

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    Most of us got a job the moment we turned 16.

    Little did we know that this would program us to believe that employment was the only way to make money. Go into work, do what’s told of you, and a deposit will land inside your checking account every 2 weeks.

    On today’s episode of The Tai Lopez Show, we are breaking down income from a passive vs. active perspective. By addressing the myths and truths, we can distinguish between the two, and prioritize what our next venture should look like.

    Tune in to this episode, so you know how to find the balance between passive and active sources of revenue!
    Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

    “I personally don’t want 100% passive income.” - Tai Lopez

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    Points to Keep In Mind
    • Semantics means how you define the word, passive depends on your definition
    • The active/passive income conversation is a false dichotomy
    • The truth is somewhere in the middle, not in the extremes
    • Start your own Home Sharing Management Company (HSMC) on Airbnb
    • Seek out affiliate digital marketing as another passive income source
    • Don’t get paralyzed by overthinking
    • Your brain’s amygdala stores your fear/memories
    • Read Civilization and Its Discontents 


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  • Posted on 11 Jul 2019

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    Why Your Website Needs The 5 W’s

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    “It’s good to convey your authority, but it has to be authority that translates to how you can help the customer.” - Tai Lopez

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    Marketing is storytelling. 
    And the core of storytelling is simplicity. Take Apple for example. If you visit their website, you will find they are driving you to one product. If you visit an Apple store, the directions are simple: browse. At each customer touchpoint of their business, they are delivering a simple message for you to understand and absorb. 
    On today’s episode of The Tai Lopez Show, we are discussing the ins and outs of the storytelling required to effectively market. From how to design your website to what content you should be posting to your personal social media pages, this discussion has answers to all marketing questions. Tune in to apply these insights, so you can ensure a long and healthy career as a marketer!
    Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
    “Go into business in something where a large group of people wake up and say, “You know what’s the problem in my life? This.” - Tai Lopez

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    Points to Keep In Mind

    • Scientific studies use babies to remove societal influence/bias from the experiment
    • Don’t use stock photography in your marketing materials
    • Look at the Kardashians for influence on story and relatability
    • People lie, but numbers don’t 
    • Use case studies on your website (ex: weight loss before/after photos)
    • Answer the Who/What/Where/When/Why of your business on your website
    • Implement urgency into your product messaging
    • Analyze minutes watched instead of views when interpreting your video content
    • Confucius said: “The man who chases two rabbits catches none.” 
    • Follow Jay Samit to learn about internet disruption
    • Position the messaging to answer why the customer should care






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  • Posted on 03 Jul 2019

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    The 3 Secrets to Reading People

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

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    Growing a business requires working with other people.

    It’s a fundamental truth that we’re sometimes unwilling to accept. We might think locking ourselves in our office to fine-tune the product/service helps, but the reality is that the business is only as good as the connections you make with other people.

    That’s why on today’s episode of The Tai Lopez Show, we are joined by world-renowned evolutionary psychologist, Dr. David Buss, to discuss the fundamentals of being a human being. With this information, we can go out into the world and more effectively read the people we work with. 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 the mechanics behind human psychology.

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

    “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)

    Points to Keep In Mind
    • 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


    Resources








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  • Posted on 29 Jun 2019

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