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The Tai Lopez Show

Which Business Model Should You Emulate?

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 27 February 2017

⏱️ 12 minutes

🧾️ Download transcript

Summary

The Tai Lopez Show is now available on Soundcloud. Check it out here: Soundcloud.com/TaiLopezShow “It’s not the smartest, but the most adaptable, who survive” - Tai Lopez (click to tweet) Too many people are copying the wrong people. They don’t realize that you can almost never achieve 100% of the what the people you are emulating have done, so you need to overshoot by a lot, so that when you don’t achieve as much as they did, you still end up pretty well off. This episode is about some of the best business models to emulate. Who you copy is extremely important, and I’m breaking down the different business models out there, the good and the bad, and whether you should be copying them or not.   “Go straight to the top: Learn from the very best” - Tai Lopez (click to tweet) Points to Keep In Mind It’s not the smartest, but the most adaptable, who survive Spreading out and building multiple sources of income is the most powerful method of wealth creation Go straight to the top: Learn from the very best Seek out mentors who are so incredible that if you achieve just 1% of what they did, you will be happy with the result Copy the best 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, 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 are my garage. Invest in yourself. Always be curious. Don't be a cynic.

0:19.0

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

0:26.0

When everything's burnt to the ground, when your sad, lost, depressed, and everything's at rock bottom,

0:31.0

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

0:37.0

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

0:43.0

In case you missed the last episode, make sure you go back and check it out. Here's what went down.

0:47.0

Those people give an entrepreneur's advice. Work hard, put your head down, focus.

0:51.0

I'm like, what the fuck's wrong with you? Are you in 2017?

1:01.0

Coming up today.

1:02.0

When I look at what I want to do, go straight to the top. Who do you want to learn basketball from?

1:06.0

Michael Jordan or a good college player?

1:08.0

Onzari will only be 1% as good a basketball as Michael Jordan.

1:10.0

So if you start at the highest level, through probably the greatest basketball player of all time,

1:14.0

if you could play 1% as good as Michael Jordan, you will be badass when you go to the park.

1:28.0

We're talking about the debate of what business model you should emulate.

1:32.0

And I said, Warren Buffett, Berkshire Hathaway is the king. Why? Bill Gates made more money, slightly, like $2 billion more.

1:40.0

But Warren Buffett has the gangstress life ever. He spends eight hours a day reading. He has 22 people in his office.

1:47.0

No stress. Doesn't walk you walk to work. I've been to his house and his office.

1:51.0

It's like walking distance. It's just like I have. We were talking about versus Salesforce. Mark Benioff.

1:57.0

Who's worth $3.9 billion, which is a lot.

...

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