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The Tai Lopez Show

4 Law Formula for Generating $100 Million

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 18 July 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Get a trial month of hims for just $5 today right now while supplies last. Go to forhims.com/tai Visit netsuite.com/taito download your FREE guide, “Seven Key Strategies to Grow your Profits”“To build a house, it cannot be too gradual. It has to be punctuated equilibrium.” - Tai Lopez(click to tweet)It’s hard to know what to do. Yes, we might have the great ideas, or the drive for success, but for some reason the next steps aren’t so clear. Maybe we’re caught in the product development cycle, or it’s possible that we’re hesitating to cold-email in search for a first client. On today’s episode of The Tai Lopez Show, we are breaking down the 4 law formula for generating over $100 million. When we harness this approach, the world opens up, and possibility becomes much more clear. Tune in to this episode, so you can learn how to best orient your energy in your passion products or anything else!Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think! “You need free cash flow. There’s a reason they say, ‘It takes money to make money.’ Because it’s true.” - Tai Lop(click to tweet)Points to Keep In MindThe first component of creating a beautiful product is making sure it provokes instant attractionGet rave reviews and testimonials right away in the product’s lifespanIntegrate the “can’t-live-without” factor into your productCreate systems to minimize mistakes and encourage organizationThe 10 richest people in the world have a combined worth greater than the lowest 3.5 billionHumans, by nature, have an exploitative traitConscientiousness is the only personality trait correlated with financial successSix Sigma (6σ) is a set of techniques and tools for process improvementConscientiousness is broken down to: organization, prudence, perfectionism, diligenceFree cash flow is defined as excess cash that exceeds your expensesLearn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

Welcome to today's show. I want to talk to you about the universal formula to a hundred

0:12.2

million dollars. Okay? Sounds crazy. Sounds like a crazy title. But listen and hear me

0:18.0

out and I'm going to give you things you haven't heard before. There's a simple formula

0:22.6

to making over a hundred million dollars in your business. This is gleaned from both

0:27.4

my experience building business that's done over a hundred million dollars in revenue.

0:32.2

My business partner, Alex, his business, he just sold for three hundred million dollars

0:38.4

and has done, he and I have done one billion dollars in revenue and profitably spent over

0:43.3

five hundred million on marketing. So this is not just from a book. This is not a text

0:47.6

book. This is actual experience of mine and people that I know closely. So listen closely

0:53.2

because for all you getting a Harvard MBA, for all of you who can't afford to go to

0:59.5

Harvard, I'm about to train you and teach you it's something that you won't learn anywhere

1:04.1

else. So what is the formula? It's simple, but it's complicated. So I only got nine percent

1:10.8

battery left. I'm here on my central park daily walk, getting in 15, 20,000 steps a day

1:17.3

before I start my day. So this is going to be a limited talk. Number one, here's the

1:22.8

formula. BP plus 6s plus PC or I'm sorry, FC, not PC, FC equals whatever it is you want

1:41.1

in life. Now, there's a fourth component I promised you because I just gave you three.

1:46.9

This plus this plus this equals success financially or really otherwise, but we're talking more

1:52.8

about financing. What's the fourth factor? A little brackets that goes around those three.

1:57.8

Remember, when you were doing multiplication or calculus or algebra, if you put a bracket

2:02.3

around the three things, it changes it. It says all three of these have to be done first.

2:06.6

Well, I have a special bracket. It's not a mathematical one and it's PE bracket. So let

2:13.5

me explain. Number one, BP. What is it? First part of the formula. Beautiful products. What

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