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The Tai Lopez Show

387: The Secret to Apple’s Success: How To Achieve Massive Profits with Scott Galloway

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 25 November 2017

⏱️ 9 minutes

🧾️ Download transcript

Summary

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.Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

We used to turn to a super-bing for answers now as we're more educated and more affluent.

0:04.4

We don't depend as much on a super-bing, but we still have modern day anxieties and questions.

0:08.1

Well, my kid be all right. Send a query into the universe hoping there's divine intervention.

0:11.9

It sends you back an answer. Now it's symptoms and treatment of

0:14.7

a group into the Google dialog box. Google is our modern man's God.

0:26.2

When I think of Amazon, I think of aggressive business. I was just out of talk here in L.A.

0:33.6

Jeff Bezos stopped in and you know the man was aggressively taking diapers.com was a company

0:42.1

and he went to the owner of diapers.com and he said, listen to me.

0:45.7

If sell me your company and the guy said no and he said, you better sell me your company

0:50.2

or I'll just make my own diapers version. I'll drop the price and put you out of business.

0:54.4

And he dropped the price and one of his executives said to Jeff,

0:59.3

if we lower the price of diapers this much, we'll lose 100 million dollars a quarter.

1:03.9

And he goes, I don't care. And so when I think about those of you watching,

1:08.0

the need to be somewhat aggressive and competitive at times, that's what I think about with Amazon.

1:13.3

And then Facebook, what I think about Facebook is really tapping into almost internet 2.0,

1:21.8

you know, internet 1.0 was kind of just selling things online and internet 2.0 was

1:27.7

connecting people and using that information to sell to them. Is that kind of a fair?

1:32.3

So I'll take a swag at that as well. So Google I think is a modern man's God.

1:37.6

We used to turn to a super-being for answers now as we're more educated, more affluent.

1:42.3

We don't depend as much on a super-being, but we still have modern day anxieties and questions.

1:46.1

Well, my kid be all right. A prayer is that you send a query into the universe hoping

1:50.2

there's divine intervention that sends you back an answer. Now it's symptoms and treatment

...

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