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The Tai Lopez Show

How to Raise $1,000,000 from Investors for Your Business or Idea

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 10 April 2017

⏱️ 11 minutes

🧾️ Download transcript

Summary

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow “A lack of the skills of “business-savvy” is the most common constraint to business growth and success” - Tai Lopez (click to tweet) Entrepreneurs and business-owners tend to have a misinformed and wrong idea of what exactly is holding them back in business. The most common thought process if that if they had morning money, they could make the business work. But the truth is that most people are far more business-savvy constrained than money-constrained. The high-earners in the world put large amounts of time and effort into learning through reading, listening to smart people, going to conferences, and other activities. The world is far more competitive than most people realize when it comes to having the knowledge and skill-sets for making money. Warren Buffett reads 250-1,000 pages every day, and there are many high-earners just like him to who are consuming that much information, to help them grow businesses and create revenue. This is your competition, so focus on building skill-sets! But, in case you are at the point where you truly do require money for business-growth, this episode will teach you how to raise it from investors. “People tend to be far more culture-savvy than business-savvy” - Tai Lopez (click to tweet) Points to Keep In Mind In today's society, it does take a certain amount of money to make money A lot of people think that they’re capital constrained, when there is really something else holding them back A lack of the skills of “business-savvy” is the most common constraint to business growth and success Most people think they have business-savvy, but few people do People tend to be far more culture-savvy than business-savvy, which is much less practical A lot of people don’t realize how competitive the modern world is Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

Out of the ashes you will rise.

0:03.8

If you feel sad, lost, depressed, finances are in the gutter.

0:07.7

Social life, you're lonely. Out of the ashes, you will rise.

0:12.0

Here in my garage, invest in yourself.

0:15.9

Always be curious. Don't be a cynic.

0:18.9

Sleeping on a couch in a mobile home with only $47 in my bank account.

0:24.7

When everything's burnt to the ground,

0:28.2

when your sad, lost, depressed, and everything's at rock bottom,

0:31.4

you get to rebuild the exact and precise way you want the damn thing rebuilt.

0:37.5

Health, wealth, love, happiness, each of these four goals.

0:43.2

In case you missed the last episode, make sure you go back and check it out.

0:46.3

Here's what went down.

0:47.3

The more I get experience in life, the more I focus on social skills.

0:50.5

It's literally the most important thing.

0:52.2

And there's all this science that shows the number one thing that makes you happy.

0:55.4

Spending a lot of time around people that you love.

1:01.5

Coming up today, nine out of 10 of you are not capital constrained.

1:05.5

Nine out of 10 of you are constrained by your skill.

1:09.7

Business savvy is the most common weak link that I find when you're trying to raise money

1:15.3

and grow your business.

1:16.3

So today, we're talking on raising one million dollars from investors for your ideas.

1:33.3

Number one, why do you need to raise investment money?

...

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