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The Tai Lopez Show

14 Hour Workday

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 4 June 2014

⏱️ 58 minutes

🧾️ Download transcript

Summary

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/adchoices

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Transcript

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0:00.0

The other day, a friend, just an acquaintance of mine, she said, hey, you know, I don't have

0:09.3

much money right now, I just moved to Hollywood.

0:12.3

Could I do some work for you or one of your companies?

0:17.6

So I was like, sure, come over this weekend, we'll talk on some stuff.

0:22.3

I got some work she'd do.

0:24.8

And so she came over and she, real pretty girl.

0:29.6

She came over and she was like, dressed super casual and I was like, oh, where are you headed

0:33.1

to after we talk?

0:34.1

And she's like, oh, I got a pool party.

0:37.9

And of course, it was a Saturday or whatever.

0:39.9

But my first thought was, man, she never learned Charlie Munger, the billionaires rule to

0:48.6

wealth, the 14 hour a day rule.

0:52.2

Munger says there was a time in his career where he was investing in some, excuse me, a little

1:03.7

sneeze in there.

1:05.8

He said he was investing in a construction company or a group of people that were developing

1:12.0

real estate.

1:13.8

And they told him, we have this one rule, we all agree that if in any time, in this business

1:19.6

you're investing in us Charlie.

1:21.4

We are short on our obligations.

1:23.6

We promise people will do stuff.

1:25.7

We're late paying the bills.

1:27.4

There's not enough money in the bank account.

...

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