The Tai Lopez Show

What you really want to do is never make any big mistakes.Little experimental tests that fail? Yes, those can actually be helpful.But avoid catastrophic mistakes...Like the billionaire Warren Buffett says, "An investor needs to do very few things right as long as he or she avoids big mistakes."That is true about all areas of the good life: health, wealth, love, and happiness. Getting The Lost Years BackImagine if you could have back the years you wasted on a bad marriage or dating the wrong person. Or recover the years of your life you lost to being overweight and unhealthy. Or get back the money you lost on bad investments or the pursuit of the wrong career.Or the happiness lost spending time around people who ended up betraying you in the end.The greatest wish of every human is to be able to have their wasted years back.But time moves forward. I just finished "Theory of Everything" by the great Stephen Hawking.He says he was wrong.He used to think that at the end of the universe, about ten thousand million years from now, time would reverse, the universe would contract and Benjamin Button would come true. You would be old before you were young. You would age in reverse.But he says he was wrong. Hawking says there are three forms of time: thermodynamic, cosmological, and psychological.And he says unfortunately for us, all three are moving forward, never backwards.On Essay Chapter 6, he states, "Disorder increases with time because we measure time in the direction in which disorder increases. You can't have a safer bet than that."Haha, that is a physicists attempt at humor. So you and I are left with no way to undo or redo our mistakes. So cut your big mistakes to the absolute minimum because mistakes bring regret. And your happiness is lost from too much regret.Some people try to avoid the pain of regret by becoming delusional and saying, "I don't regret anything."Well the person with no regrets is a moron.Regrets are tools of your brain and Mother Nature to keep you from putting your hand back on the stove and getting burned again.Regret is like a nerve in your brain. When I was 6 years old I bumped my leg on a chair. I asked my scientist grandfather, "Why did that hurt."He said because of nerves. I said why don't we invent a way to turn off our nerves so we won't have to feel pain anymore. He said, "No Tai, that's what happens with leprosy. When you lose your nerves you will eventually lose your life because you will keep bumping into things and getting infections."Same with the "regret" nerve of the brain.My friend Dr. David Buss, the famous evolutionary psychologist, did fascinating research on regret and his team concluded, "Regret serves as motivation to achieve better outcomes going forward. Emotions in general have a purpose — if you have... regret, that’s going to change future behavior.” So the question is, "If we can't avoid regret, and too much regret destroys happiness, then what are we supposed to do?"The answer is simple.Eliminate the behavior that causes the regret.Nip it in the bud.Stop making big mistakes.Joel Salatin Lessons When I was 19 years old and just graduated from high school, I went to do an apprenticeship program on Joel Salatin's famous Polyface Farm.During the first week, I was down eating with the family and Joel looked at me and said, "Tai, I only have one rule. You are not allowed to make any mistakes."I remember thinking that was the craziest thing I had ever heard. I only realized years later that he was setting a new bar for my life.We live up to what we expect of ourselves.The first week I went with Joel to move the cows from one pasture to another. He had asked me to bring some electric fence equipment with me.We walked one mile to the back field where the cows were.He then asked, "Tai where is the electric fence insulator."I said, "Oops I forgot it."He said, "Tai I told you that you are not allowed to make mistakes. If you don't have it in your head you have to have it in your heel."And he made me walk back to the barn and get it and back. Two extra miles.I got his point. The next day I got in my old blue Pontiac Grand Am and drove to a store in the little town of Staunton, Virginia and bought a whole bunch of notepads and always kept one in my back pocket.Then whenever Joel told me what to do I wrote it down.My mistake rate dropped by 90% just from the no mistakes mindset Joel instilled.[Here is a pic of me and Joel grabbing dinner on his most recenttrip to Hollywood...]Joel was right.That was the beginning of my life long interest in learning how to avoid mistakes.Over the years I began to travel the world trying to accumulate more ways I could avoid mistakes.Many wise mentors passed on their tips.Unfortunately I have not always put into practice what I learned and have made plenty of mistakes.Too many for sure.Looking back I wonder why no one told me about this mistake avoidance mentality until Joel did after high school. Surely this is something that should be taught every year in school?I realize it's because society has been lying to us by saying, "You only learn through mistakes."That's a half-truth. In the powerful book, "A Few Lessons For Investors and Managers"Peter Bevelin quotes Warren Buffett: "We only learn through mistakes but it's a hell of a lot easier to learn through OTHER peoples mistakes." The Jigsaw Puzzle Stephen Hawking agrees.Hawking says according to his research, disorder is almost infinite and explains, "Suppose the pieces of the jigsaw start off in the ordered arrangement in which they form a picture. If you shake the box, the pieces will take up another arrangement. This will probably be a disordered arrangement in which the pieces don’t form a proper picture, simply because there are so many more disordered arrangements.”There are basically a billion, trillion ways to do thingswrong and only a few ways to do them correctly.That's the scary part about life.That's why the Dutch say, "Too soon old, too late smart."If you are not careful the forces of aging, time, and other humans competing against you will shake up the 'jigsaw' pieces of your life and leave things all disordered.Look around you. That's the life of most people. Full of failure,regret, and unhappiness. You don't want to be 'most' people. You want to rise above the average, mundane existence.So remember, if you are not careful, you will run out of years of your life trying to run through all the possible combinations of ways you could mess up your life before you get to the right way. You want to learn by some trial and error. But mostly by the trial and errors of others who have gone before you and done all the hard work. The Three ToolsSo let me share 3 things I think will keep you from losing months, years, even decades of your life to mistakes and regret:1. When It Comes To Big Decisions, Assemble Your Cabinet. The wise proverb thousands of years ago said, "Make war with a multitude of counselors."The President of the United States doesn't make major decisions without consulting his cabinet. The Secretary of State, Defense, Transportation, Labor, Energy, etc.And remember these are not some random people off the street. These are the smartest, most experienced people in their field.You must do the same.Don't just ask your friends. Ask experts.So the next time you have to make a big decision on how to lose weight, or make more money, or who to date, or how to findhappiness, stop for a second.Go into a dark room.Imagine the 10 smartest people in history, both living and dead, are sitting around you and you are asking their opinion.What would they say?You should be hearing the "whispers of the wisest" in your ears.For me it's usually a bunch of quotes that I have read or memorized in the past.Maybe a poem. Or a page of a book I recall.Or a memory of being in person with someone smart.Or a speech at a conference.Or reviewing the notes from a phone call or an interview I did.If you practice this mental exercise long enough it will become second nature. I was reading "Beyond Religion" by the Dalai Lama.In the last chapter he talked about learning how to focus your mind.He says there are three levels of focus and understanding.He says when people learn they, “...first learn about it by listening to someone talk about this issue or by reading about it. But unless they deeply reflect upon what they hear or read, their understanding remains superficial...However, as they then reflect more deeply upon its meaning, applying analysis as well as dwelling mindfully upon the conclusion they reach, a deep sense of conviction arises of the truth of the fact. This is thesecond level in the process of understanding. Finally, as they continue to cultivate deep familiarity with the fact, their insight into it becomes internalized, making it almost part of their own nature. They have then reached the third level of understanding, which is characterized in the classical texts as experiential, spontaneous, and effortless.”You will need to practice this mental tool to get to level three, effortless understanding.So imagine you are focused and listening to the voices of a broadarray of ten of the greatest people in your mental advice 'cabinet':  Mother Theresa, Bill Gates, Conrad Hilton, Sam Walton, Martin Luther King Jr., Einstein, Aristotle, Shakespeare, Descartes, and Bach.What would be their advice for your life?If you can hear the answers in your head and have the discipline to follow them, the mistakes you make will drop massively.And whatever you do, do NOT ignore their voices in your head.The absolute worst mistakes of my life were when I knew what smartpeople would advise me and I blatantly ignored them. That's just screaming for Mother Nature to teach you a lesson.And she is a cruel teacher. Ask the Neanderthals and the dinosaurs she made extinct.Now listening presupposes that you know what these great people believed about life.Which brings me to why I read so much.Since many of these people are dead, the only way you will get their answers in your head is to read about their words in books.This lines up with what Charlie Munger says, "I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart."Be humble enough to realize that nobody is smart enough to continually make good decisions without the input of the world's greatest minds. Find in-person mentors and read a book at least every 3 days. Then build to one book a day.You might think that sounds hard. It's not really.I have a hand selected group of people I am mentoring in my "Inner Circle" 18 month program who are already mastering this. The "Inner Circle" Program =========================== By the way, if you are interested in being in my private inner circle program, I am opening up a few spots as some people are graduating.If you want to find the good life and take your financial life from scarcity to financial independence, prosperity, and wealth, reply to this email and I will send you over some details.===========================One of the people in the program, James, is now reading a book every day.I asked him if it accelerating his knowledge of business and making money was hard.He was like, "No, and I have no idea why it took me so long."Peter Drucker in "Managing Oneself" say's most of us say we can't do something because of "disabling ignorance" of how easy it would actually be to do it.   [Here I am reading Drucker by my pool with some beet juice, yuck Haha]I am running out of time now so the other 2 tips will be continuedtomorrow... Stay tuned!Also, I just recorded a new show that deals with all the in-depth aspects of how to make war with a multitude of counselors and stop making painful mistakes.Find more advanced lessons like this in my millionaire mentor academy Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

There is one thing sure to kill your hopes and dreams.It's the "mismatch."And there is one thing sure to bring you the "good life: Health, Wealth, Love, Happiness."It's avoiding the "mismatch."What do I mean by this concept of the mismatch?I was reading for today's Book-Of-The-Day, Daniel Lieberman's "The Story Of The Human Body."The book covers much of this mismatch and explains how the hardwiring of your brain is adapted to be really good at living in a small village of about 150 people. A village where you go to bed around 730 pm, sleep 8 hours, eat tons of vegetables and a little meat, and where you fall in love and have kids with an old friend you have known since childhood.In that village you have 2 or 3 career choices but not more than that. It's a village where you are encouraged to save and not spend everything you earn.But guess what? That world's long gone.The world that the hard wiring of you brain works best with has been replaced with a modern, crazy world. I live in Hollywood. I'm looking out my window right now at 13,000,000 people.That's a lot more than the 150 that Robin Dunbar, the Oxford anthropologist, said is the optimal number for my brain.I see the billboards selling me things I probably don't need. My brain is designed to trust people. These advertisements are trying to take advantage of that trust. My house has lights that let me stay up all night and not get enough sleep. I would feel a hell of a lot better if I went to bed like the Amish do, when the sun sets...I have the option to pursue 1000 career choices and invest money into 10,000 different stocks. My brain isn't good at weeding out so many options. So I am left thinking that maybe I am missing out on somebig business opportunity.I can press one button on my phone and have Chinese, pizza, or fast food delivered in 30 minutes. My body is not designed to always have that many calories on demand.Like the Nobel Prize winner Christian Lous Lange said, "Technology is a useful servant but a dangerous master."The modern world is a blitz of options.You have been taught that having all these options are the final culmination of man conquering nature using technology.Unfortunately almost all of those options are the "mismatch."Joel Salatin once told me, "Tai humans can now create technology faster than they can anticipate the consequences of using the technology."For example, last year the modern world's agricultural technology produced about 1300 million metric tons of sugar!That's enough to make half the world fat and diabetic.I was on a plane to Sweden and I bought a Sprite (it helps with my motion sickness). I read the label. There was like 40 grams of sugar. That's double of what I should have in a whole day!We humans have gotten really good at making technology that tempts us into doing the wrong thing.Psychology today wrote out a top 10 countdown list of all the evolutionary mismatches we face each day:10. You are surrounded in your day-to-day life by a higher proportion of strangers than would ever have been true of our pre-agrarian hominid ancestors.9. You run into a higher total number of people each day than our pre-agrarian hominid ancestors ever would have.8. You have the option of spending 90 percent of your waking hours sitting at a desk—and you often exercise this option.7. Your extended family includes people dispersed across hundreds or thousands of miles (think New York and Florida).6. You have been exposed to more images of violence than ever would have been possible for pre-agrarian hominids.5. You were likely educated in an age-stratified system—spending each of several years in a group comprised of about 25 others who matched you in age—being taught in a classroom environment by a few specially designated “teachers.” You likely spent a lot of time sitting behind desks in the process.4. You are exposed regularly to politics at a global scale—often discussing or being involved in issues that potentially pertain to thousands, millions, or even billions of other humans.3. You were raised in some variant of a nuclear family—with less assistance from aunts, uncles, older cousins, and grandparents, than would have been typical of our nomadic ancestors.2. You spend a great deal of time interacting with “screens” and “devices”—having the evolutionarily unprecedented possibility of almost never having to be bored at all.1. You can eat an entire diet of processed foods—and you live in a world in which processed foods are cheaper and more accessible than natural foods.You and I have been tricked by the mismatch of the mind.I was talking to Jonathan Haidt, the famous NYU professor and researcher on human happiness last week.He says we have to all get on the right "path."Haidt means we have to be part of a system. We can not use willpower to become happy.We have to get in the right environment and then over time happiness and fulfillment will hit us.The first way to start down this path is to remove all "learned helplessness." This is a psychological concept pioneered by Martin Seligman.Once a monkey is put in a zoo it gets depressed because it feels helpless to hunt for its own food and control its own destiny.Even when you take the monkey out of the cage and return it to the jungle it usually will still act helpless and just sit and starve to death. It doesn't realize that it's no longer helpless now that it's out of the zoo cage.Same with you and I.The modern world and it's many choices is a like a cage. If you are not careful it will trap you and bounce you around from one thing to another. Most of which are not in your best interests. The good news is that we can live in a world that, for all it's bad, also has tremendous good.We have the option to cut the sugar, to sleep more, to find true love,and to find one career and stick with it for decades (which by the way,is by far the best way to make a lot of money).Now this is just scratching the surface. This issue of evolutionary mismatch is so profound and has so much potential to revolutionize every area of your life from your health to your bank account that I recorded a whole show about it.Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Become an expert time manager and learn more advanced techniques like this on the millionaire mentor academy. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Learn how to obtain more scarce resources. Wealth flows into the hands that deserve it.You have to deserve cash to get it. Learn more about getting scarce resources on my millionaire mentor academy  Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Learn the Chameleon principle to master your social life.Also find out how to be able to persuade and talk to people with the P.A.S.E. system. Do not be fooled. The good life is not complete without a proper social life. No person is an island, you need other people to have a complete life.Master your social game in the millionaire mentor academy.Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Find out Michael Jordan's secrets to greatness in this interview I did with Roland Lazenby, author of Michael Jordan: The Life. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Charlie Munger says when you are broke you should work 14 hour days 6 days a week until you get back on your feet. Check out the millionaire mentor academy for more advanced lessons like this.Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

Avoid fear avoidance delusion, one of the twenty five cognitive biases. Don't focus on the flaws of your mentors or other people, find out what they have acheived instead.Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

On your path to the good life you must realize that your ideas are going to be challenged. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.

"Most of us spend too much time on the last twenty-four hours and too little on the last six thousand years." Will DurantThe goal for my self and I would suggest it for you too, is to become a renaissance man.Get more advanced lessons like this at the millionaire mentor academy.Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.