The Tai Lopez Show #606 - The 3 most realistic ways you can put $400,000 in your bank account in the next 12 months
Jun 30, 2022
Discover realistic approaches to earn $400,000 in a year without a massive social media following. The discussion covers strategies for wealth generation in the food industry, emphasizing the art of storytelling and adaptability. Learn how to leverage unique skills and make informed financial decisions, including tax implications. The hosts also highlight the importance of discipline in money management and staying updated with practical knowledge to thrive in a rapidly changing market.
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Start A Local Food Business
- Start a food business because food, shelter, and water are persistent needs with rising scarcity and demand.
- Begin small (e.g., jerky, local delivery) and scale by solving local supply-chain gaps or niche preferences.
Intern Built A Profitable Local Food Brand
- Tai shares an intern's example who copied his business and grossed a million, netting $150k USD equivalent in the Philippines.
- He uses this to show localised food businesses can be highly profitable with low costs.
Master Story-Based Persuasion
- Master story-based persuasion to sell anything and command high commissions or consulting fees.
- Learn hooks and emotional storytelling by studying great films and practicing persuasive narratives.
