The Tai Lopez Show

As the days continue to be uncertain about when all of the chaos of coronavirus will end, many people have several questions to ask. These questions may be about business, personal life and/or government. Today Tai answers tons of them with an Instagram live session. Stay tuned!Points to Keep in Mind:Although many businesses are failing, some are skyrocketing right now.Grow your knowledge during this quarantine and read books to pass time!There's no "beginners" stock in the stock market. It's crucial to have people in your circle that are agreeable with you.B2B (business to business) consulting is a brilliant way to take advantage of this quarantine.There's always someone doing life better than you. Get over it.There's always money out there, you just have to find where it is. Incentivize a goal rather than punish a failure. See omnystudio.com/listener for privacy information.

We face a very unique situation right now with the current pandemic. Coronavirus/Covid-19 is driving the economy downward drastically and we certainly weren't prepared for it. So with that said, what are you going to do about it in your world? There's a lot of risk but there might be opportunity, too."As long as cryptocurrency remains hypothetical, it'll be more volatile." - Tai Lopez(click to tweet)Points to keep in mind:The world order is bound to change in light of today's circumstance.You can either freak out, or you can stay calm. What's gonna happen is what's gonna happen.Narcissism and Machiavellianism are completely different personalities.Always be mindful of both sides of the narrative,Cryptocurrency can be a volatile and risky market.Your investing should be primarily in things you have control of. A key rule of thumb to investing is buy when the market is low; sell when the market is high.Live your life with caution, but don't live your life out of fear.You should only be putting walls up after an experience. Not before.Don't be intimidated by the powers that be, but don't be disrespectful.Living a reactionary life means you're never prepared for what's next. Be proactive, not reactive."Buy low, sell high." - Tai Lopez(click to tweet)Summary: In this era, there's a lot of fear and chaos throughout society. Everyone is reacting to things rather than preparing for them. Don't fall into that stream of living.Live a life of strategy."If you always react, you never strategize." - Tai Lopez(click to tweet)See omnystudio.com/listener for privacy information.

Discover how dopamine influences your success and motivation. Winning boosts your dopamine, leading to more confidence and ambition. This creates a positive feedback loop that encourages further success. Learn how your limiting mindset might stem from external factors and how to break free from it. By expanding your worldview and seeing possibilities, you can rewire your mindset for achievement. Ultimately, understanding this brain chemistry is key to developing the confidence and motivation needed to pursue your goals.

Join former stockbroker Jordan Belfort, known as the Wolf of Wall Street, as he shares invaluable insights on persuasion and sales. He discusses the critical role of influence and body language in effective communication. With a candid look at his tumultuous past, Belfort reflects on the wild excesses of Wall Street while emphasizing the need for strategic preparation in sales. He introduces his Straight Line System, a framework for mastering sales objections, and highlights the transformative power of effective communication in personal and professional success.

Buy Scott’s book “The Four” and his others here.“Our instincts, ever since we emerged from caves, is more. We always want more, because the penalty for less was death” - Scott Galloway(click to tweet)Apple has managed to do something that no other company in history has: Combine the lowest cost of goods through mass production with the highest profit margins available only to luxury brands.This combination has resulted in a company that has massive profits, and the most valuable company in the world.This demonstrates the value of finding a way to appeal to irrational urges and instincts, like status and mate-worthiness, in your marketing and product design.Learn how Apple was able to pull this off, and what it means for how you can achieve massive margins in business, on this episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“The more for less business strategy is usually the company that is the most valuable in the world” - Scott Galloway(click to tweet)Points to Keep In MindIn the modern age, we don’t tend to depend as much on a superbeing “God” for answers, but we still have anxieties, so Google is now filling that roleGoogle is our modern-man’s GodFacebook taps into our need to love and be lovedThe number one indicator of your chances to make it to 100 is the number of people that you loveOur instincts, ever since we emerged from caves, is more. We always want more, because the penalty for less was deathThe more for less business strategy is usually the company that is the most valuable in the worldApple is the new signal that you have good genes, and are a good mateApple has been able to pull off the impossible: It can secure components for the lowest price, and then charge the highest price for itBecause Apple taps into our irrational urges, it is the most profitable company everTaiLopez.com/TheFourSee omnystudio.com/listener for privacy information.

“See life as an adventure, rather than an accomplishment” - Tai Lopez(click to tweet)This week, we had powerhouse guests on, talking about the practical things you need to know to be successful in business and life in general.On this best of the week episode, we’re talking about how to become a faster reader, how languages help you and how to learn them faster, why it’s better to view life as an adventure rather than a list of accomplishments, why you should set your identity as a lifelong learner, and how to choose the best business to go into online and then be successful in it.Learn all of the above, plus so much more, on today’s episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“It’s better to be rich than to be right” - Tai Lopez(click to tweet)Points to Keep In MindScan at least 3 words at a time, to read faster with better comprehensionUse a pacer when reading, and set the pace for your eyes to followYou will make more money if you know more languagesIf you have children, one of the best gifts you can give them is an education in different languages while they’re youngTotal immersion, without all of the rules, etc, is the best way to learn a languageTo learn something, it has to feel importantSee life as an adventure, rather than an accomplishmentYour goal is not always to be right, your goal is to figure out what is right no matter what it isIt’s exhausting to work on something that you’re not passionate aboutA business partner is like a marriage, so you need to very carefully vet anyone you are considering bringing on as a partnerIt’s better to be rich than to be rightApproach life with the idea that you can learn to do anythingMentors are essential. Learn from them instead of trying to reinvent the wheelWorking hard is only 25% of the formulaTools are essential to the process of making money onlineTeaching people how to do things, and how to make money doing those things, is one of the easiest and fastest ways to start making money onlineA lot of people take for granted what they do for their job, when there are actually more ways to make money with it than you may be thinking ofIf there are no competitors for your business, it might be because there is no demand for itA lot of times, it’s a good idea to choose a market where there are competitors, but you know what differentiates youSee omnystudio.com/listener for privacy information.

“Always stay intellectually curious” - Naveen Jain(click to tweet)The saying goes, “you can lead a horse to water, but you can’t make it drink,” to demonstrate that if someone doesn’t want or is unwilling to do something for themselves that would be good for them, there is little you can do. But if you focus your efforts instead on how you make the horse thirsty, you’ve solved the problem.This thirst is what Naveen Jain says anyone who wants to be successful needs to cultivate. It is intellectual curiosity, and a desire to constantly learn, and it is what separates the greats, those who are super successful, from the rest.If you want to be successful, you need to cultivate inside yourself this desire to learn. Find out how billionaire Naveen Jain learns every day, on this episode of The Tai Lopez Show!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“As an entrepreneur, your jobs is not to focus on where the world is now, but where you want it to be” - Naveen Jain(click to tweet)Points to Keep In MindGoogle everythingAlways stay intellectually curiousLearn based on the future more than the presentAs an entrepreneur, your jobs is not to focus on where the world is now, but where you want it to beInstead of leading someone to water or making them drink, consider instead what would happen if you just made them thirstyIntellectual curiosity is that thirstEvery time you read something, it’s like connecting a dot, and sometimes you don’t see the picture until the last dotThink of the life of an entrepreneur as a heartbeat: When it’s smooth, you’re deadThe only time you fail in life is when you give upSee omnystudio.com/listener for privacy information.

“Beauty can function somewhat like an irrationally exuberant market bubble” - Richard Prum(click to tweet)The evolutionary view of beauty has traditionally been that humans evolved a sense of what was beautiful based on practically. We’re often taught that things like the waist to hip ratio are a long-ingrained sign of fertility to men, which is why we find them attractive.My guest today, Richard Prum, has a different view. He says that beauty can be viewed more as an “irrationally exuberant financial market bubble.” In other words, it’s not so cut and dry, and natural selection has led each of us, within our own cultures, to develop a sense of what we consider attractive, not dependent on the practicality of evolutionary considerations.What do you think? Let me know! Leave a rating and review in iTunes, and tell me your thoughts in the review!Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Beauty is a social contrivance. It’s invented by us” - Richard Prum(click to tweet)Points to Keep In MindCertain aspects of science seem to be completely unexplainableBeauty can function somewhat like an irrationally exuberant market bubbleBeauty is a social contrivance. It’s invented by usHumans are evolved to be satisfied, and to find satisfying relationshipsThe evolutionary idea of beauty being practical neglects some of the concepts of natural selection in the human animalIn society, it could be argued that it is actually women who are defining the idea of beauty more than menThe idea of machismo and dominance as the core of attraction is deeply flawed and a cause of unhappinessGet in touch with the idea of what it means to be really caring for your partnerHuman diversity is a result of the diversity of mate-choice, therefore standards of beauty can be far different across culturesThe men who are most attractive tend to be socially attentiveSee omnystudio.com/listener for privacy information.

“The true definition of “luck” in this modern age is learning early” - Tai Lopez(click to tweet)To determine the financial value potential of something right now, there is a simple formula: Future value = present value of future revenue. This is the formula that you can use when examining business ideas and opportunities, when looking into investments, and all other areas of financial potential.Today, I am talking about that formula, as well as why apartments are one of the lower risk real estate opportunities, the 2 ways you make money, how to monetize a brand beyond normal operations, why life is like poker, 3 ways to start a side hustle, why haters hate, why mindset is the main thing holding people back, and what the butterfly effect means for the importance of the little decisions you make everyday.Don’t forget, you can listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!“Think about life like poker: You don’t have to win every hand, just don’t go all in when you have a bad hand” -Tai Lopez(click to tweet)Points to Keep In MindIn the long term, something is worth: Present value of future revenueAsk yourself: How much would you pay today to have a future revenue?Apartments allow you to diversify your future revenue2 ways you make money in anything:Capital appreciationCashflowIf you build a brand that is recognizable and has good connotations with it, you can make money through licensing deals without actually running the businessThe true definition of “luck” in this modern age is learning earlyThink about life like poker: You don’t have to win every hand, just don’t go all in when you have a bad hand3 ways to start your side hustle:Look at the skills you already have instead of trying to get new skillsDon’t just have an idea. Go from idea to offerLaunch before you think you’re readyA lot of ideas cannot be validated until you actually do themAt the end of the day, we’re all going to the grave at around the same pace, but some people go their with a more happy life than othersHaters are usually just projecting their own insecurities on othersToo many people want to remove all insecurity from life, but that is simply not possibleLife goes through the process of seasons, so expect the changesYou have to be 100% convinced and sold on your own product to be good at salesMindset is the main thing holding most people backJust as a butterfly flapping its wings can start a hurricane, very small bad decisions in your life can lead to terrible consequences down the roadLikewise, small intelligent decisions can help you in incredible ways down the roadYou must structure fun and entertainment in your life to stay motivated in the long runSee omnystudio.com/listener for privacy information.

Discover how to crush procrastination by understanding the risk/reward bias in your brain. Tangible goals can significantly boost your motivation. By focusing on the rewards rather than the pain of hard work, you'll shift your perception and tackle challenges head-on. Learn visualization techniques used by successful individuals to stay on track. Keep your eyes on the prize, and transform your approach to work to create the life of your dreams!