#615 - Why I Quote People So Much
The Tai Lopez Show
Tai Lopez
4.8 • 6.9K Ratings
🗓️ 17 November 2022
⏱️ 14 minutes
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Summary
“Go straight to the top…” one of the frameworks that took me from $47 to buying Major brands like RadioShack, Pier 1, Bodybuildong.com and more. If you don’t have frameworks you can follow, you will suffer in business.
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Transcript
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| 0:00.0 | So which of the you got to think in frameworks or you're going to be lost I'm telling you in business for the rest of your life |
| 0:07.0 | Everybody's freewheeling business once I got over 100 million of revenue per year every business flaw I have starts to come out. |
| 0:15.0 | A lot of entrepreneurs are cocky because they're running 5, 10, 20 million dollar businesses, |
| 0:20.0 | which is fine, but those are like little blue belt businesses maybe purple belt so |
| 0:24.4 | when you get lost you have to |
| 0:27.1 | have frameworks the 300 frameworks of wealth the 67 steps |
| 0:32.3 | so what is the framework on the social media strategy in order to go viral? |
| 0:37.0 | And I was talking about Snoop Dog has transformed his entire... I think he's at... well, what do you, who knows what framework I'm following when I'm looking at somebody like snoop. |
| 0:50.0 | Making decisions with calculators. |
| 0:53.0 | Decisional care. |
| 0:54.0 | That is one of the 67 steps. |
| 0:55.0 | I'd say you're getting warmer but not. |
| 0:58.0 | You're warmer but not there because that is more like if you're trying to decide to sell an asset. |
| 1:04.1 | You have a piece of real estate. |
| 1:06.3 | I just bought a business. |
| 1:07.4 | I just bought bodybuilding a com. |
| 1:08.5 | I had to calculate what I'm going to offer. |
| 1:10.9 | Instead of using my gut feeling, I created an Excel spreadsheet in basically a formula that |
| 1:17.0 | accounted for the risk, the opportunity cost of capital, the other uses, and came up up with here's my max offer and |
| 1:25.2 | valuation that I'm gonna pay so that is a good framework but it's not applicable to |
| 1:29.7 | you know emulating somebody like a snoop dog to grow your social media your |
| 1:33.6 | tick talk your insta what what's a closer one good artist copy great |
... |
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