The 3 Steps To Being A Mad Scientist
The Tai Lopez Show
Tai Lopez
4.8 • 6.9K Ratings
🗓️ 3 August 2019
⏱️ 73 minutes
🧾️ Download transcript
Summary
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Visit netsuite.com/tai to download your FREE guide, “Seven Key Strategies to Grow your Profits”
“The thing about smart people is they always sound crazy to dumb people.” - Tai Lopez
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The most curious businessman is the one who makes the most money.
When navigating the waters of business, one must simultaneously know where to swim but also be open to new paths. This balancing act can be challenging; our eyes open for the next big thing but our feet making forward progress with our current endeavors.
On today’s episode of The Tai Lopez Show, we are discussing how to open the gates of curiosity by becoming the ultimate mad scientist. If we can adopt this mindset, the world becomes our oyster, and we’re able to see opportunity where we previously thought there was none.
This episode is taken from a speech I gave at Alex Becker’s 10 Pillars of Wealth. Visit his website here
Listen to this episode to learn the insider secrets, so you can create wealth from the property you live in.
Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!
“I don’t fear other people. I only fear a shitty life.” - Tai Lopez
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Points to Keep In Mind
- “You get paid in direct proportion to the difficulty of problems you solve." - Elon Musk
- Understand that recreation is overrated
- Social media is a truth-teller
- Hire people who have energy, integrity, innovation, learning ability, adaptability, and humility
- Read The Secret Language of Money, Managing Oneself, and The Happiness Hypothesis.
- Emotional people are fear-based and action-oriented people rely on pride, so adjust your approach accordingly
- If you want financial advice, don’t talk to the person who wrote the Wall Street Journal article; talk to the person who owns the Wall Street Journal
- Write out what you want your eulogy to be and pursue that life
- Shrinking the problem allows you to see the problem
- Pull your information from disparate sources to forge an evenly balanced point-of-view
- Understand the four Ps of marketing: product, price, place and promotion
- Test the viability of your product by understanding if it can reroute traffic
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | What's up? How are you? I'm doing pretty good. I'm doing pretty good. Let's get this interview going. |
| 0:09.6 | So, big question. I've seen a lot of your videos and there's a time in your life where you weren't doing so hot. |
| 0:14.6 | What was the thought? What was the lesson? What was the moment where you decided to change your life? |
| 0:18.6 | What was the moment where you had that breakthrough idea to show it, you know, took you from the couch to what you're doing now? |
| 0:24.6 | My thought was, is this all-life pass? I read Hugh Heffner's book recently. Not that Hugh Heffner is the ideal role model. |
| 0:35.2 | So, some guys he is. Some people he's not, but he was on a bridge at 28 years old and he just said, is this all-life pass for me? |
| 0:44.0 | He didn't like his life. Two weeks later, he launched the first issue of Playboy and it was an instant hit. |
| 0:51.0 | So, I think that's a good one to have. Cool. Awesome. Awesome. So, here in my garage, how did that start? |
| 0:57.2 | What was the inspiration behind it? What was the plan? Did you just go in your garage and film the video or what happened? |
| 1:02.8 | So, I gave you guys the bonus framework. Get paid to do what you're going to do anyway. |
| 1:07.2 | I was already walking out to the garage, literally. And I was like, I'll turn on a camera. |
| 1:14.2 | And you know what a funny story about that? So, my friend was in town a few days before. I haven't told many people this story. |
| 1:20.6 | And this is last January. Friend was visiting the same guy. I was telling you that he's on my Snapchat if you check out my Snapchat. |
| 1:28.4 | I won't do, I don't like to give many called actions out of thing because I don't want to take away from this one. |
| 1:33.4 | Check out his Snapchat. I thought too. It's Tai Lopez and the number one. |
| 1:37.6 | If you don't have Snapchat, you are behind the curve and other people are seeing around corners. |
| 1:43.2 | Don't ever spot yourself in and say, I'm too old for that. |
| 1:46.4 | If your biggest problem is figuring out Snapchat, you'll never make any money because as Elon Musk said, |
| 1:51.4 | you get paid in proportion to the difficulty of a problem you saw. |
| 1:54.8 | Can't figure out a free app that eight-year-olds figure out? You're done. |
| 1:58.4 | Okay. So, my friend was in town and he, like I said, he has a company that's doing over $200 million in revenue. |
| 2:05.8 | He raised $80 million for it, one of the smartest guys in Silicon Valley. |
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