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The Tai Lopez Show

What They Should have Taught You in School

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 14 July 2017

⏱️ 38 minutes

🧾️ Download transcript

Summary

“The world needs people who are willing to say it like it is, and not gloss over it” - Tai Lopez (click to tweet) We learn a lot of things in school, but the emphasis is often put on the less practical pieces of information, rather than the knowledge that will really help you get ahead and live a good life. On today’s episode, I’m going through some of the things that they should have taught us in school. I’m taking questions from the audience, to give you the information that is going to truly help you live the kind of life you want to. We go through how to get investments, how to pitch, why you should hire an accountant, how to save money on taxes, and why education will be the ultimate way we can lessen poverty in the world. “There are no solutions, only trade offs. So pick your poison” - Tai Lopez (click to tweet) Points to Keep In Mind The world needs people who are willing to say it like it is, and not to gloss over it On the flip side, if someone tells it to you like it is, you need to not get offended by it, but take the truth from it and use it to motivate you Good investors know that they should invest in the human above the business If you’re pitching a business, you need to tell a story. A story will make something relatable and make it stand out to the people you’re pitching to If you’re looking for investments, start with people you know. It will be a lot easier to get the first money from them Unless you have a background as an accountant, you should probably hire an accountant, even before you’re making a lot of money The best way to save on taxes is to own a business and write off expenses Never mess with the IRS. Don’t try to be tricky with taxes If you want to make a lot of money, you will pay a lot of taxes You can’t tax people enough to end poverty. Instead, you must increase productivity if you want to combat poverty, and the best way to increase productivity is to educate people The way you fix the most problems in the world is through education There are no solutions, only trade offs. So pick your poison Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

The sooner you become a realist in your life, the quicker life gets together.

0:03.6

The world needs more tough love.

0:05.0

Out of the ashes, you will rise.

0:06.8

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

0:10.8

Social life, you're lonely.

0:12.4

Out of the ashes, you will rise.

0:16.8

You're in my garage.

0:17.8

Invest in yourself.

0:19.1

Always be curious.

0:20.5

Don't be a cynic.

0:23.3

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

0:28.4

When everything's burnt to the ground, when you're sad, lost, depressed,

0:33.0

and everything's at rock bottom, you get to rebuild the exact and precise way

0:37.2

you want the damn thing rebuilt.

0:40.6

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

0:46.2

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

0:49.3

Here's what went down.

0:50.4

Pist due, who meant to do me harm for whatever reason,

0:53.6

whatever issues he had.

0:54.8

He's actually my salvation.

0:58.4

Coming up today, you and I are probably

1:00.8

touching some of Bill Gates' money right now in your bank.

...

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