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The Tai Lopez Show

Build Momentum and Get Rich Like Donald Trump

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 14 August 2014

⏱️ 28 minutes

🧾️ Download transcript

Summary

One of the keys to building momentum on your path to wealth is to guard your time carefully. As Peter Drucker says in his book, the Effective Executive, 'Know Thy Time." Donald Trump says hiring a great assistant was the best decision he ever made. In today's Book of the Day review, I'll share more insights on why investing in your time the right way will make all the difference in the world for you. For more insight, check out my site at www.tailopez.comLearn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Alright, so today I was checking out this book, kind of a crazy name Donald Trump, how to get rich.

0:06.7

Now, you know, I've talked about this before. Don't be turned off by things if it's kind of a

0:12.5

godly name, you know, how to get rich. But if you've been listening to the frameworks that I talk

0:18.2

about, go straight to the top. You may or may not agree with everybody's opinion, but go straight

0:24.0

to the top. I find in life people have made it to the top have the most insight for you.

0:32.0

And a lot of people are like, oh, well, I don't even want to be a billionaire. It doesn't matter.

0:35.6

I talk about this edge effect. Insight comes at the edge of multiple disciplines. George Lucas

0:42.3

talked about that with how he came up with the idea of Star Wars made three billion dollars,

0:47.0

you know, in some ways changed the world with that movie. And he did it because he was eclectic,

0:53.7

reading lots of different things. So I don't care if you're watching this in your artist,

0:58.3

philanthropist, humanitarian, doctor, there's knowledge here. And that's why I read broad,

1:04.4

but I also read at the top. So like him or love him or hate him, Donald Trump has definitely

1:10.4

at the top in a certain sense. But I'll read you a chapter here, maintain your momentum.

1:16.3

He talks about this William Levitt, one of the top builders sold his company in 1956 for 100

1:22.3

million dollars. Today's dollars, that's a billion bucks. He made some terrible mistakes. Trump says

1:28.8

he retired. He married the wrong woman, moved to the south of France, lived on a river with his

1:33.9

new boat, new wife. One day though, he got bored of all that came back into business. Now he had

1:40.0

lost his momentum. You're talking 10, 20 years. But he thought he could get back in. He thought he

1:45.4

could recover that momentum. And interesting. Trump says, I saw William Levitt at a cocktail party

1:51.2

in 1994, two weeks before he died. He was standing by himself in a corner looking to feed it.

1:57.6

I didn't know him well, but I approached him, hoping to acquire some wisdom from the master.

2:02.7

Mr. Levitt, how are you doing? That's what Trump asked. He said, not good, Donald, not good.

...

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