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The Tai Lopez Show

Why Watching The Basket Is More Important Than Putting Eggs In It

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 15 January 2018

⏱️ 8 minutes

🧾️ Download transcript

Summary

As your business grows, more hands will enter the pot. People will want to work for you, clients will demand more from you, and investors will want to get in on the action. Knowing who to let in and who to let out is the key to ensuring that no cancerous cells enter your system. Because it only takes one to seriously set back the mission.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

And the guy turns to me, and all people he was teaching in the training class,

0:03.6

and he goes, don't ever let people borrow your equipment.

0:06.7

And one of the guys raised his hand goes, why don't we let people borrow your equipment?

0:10.3

He goes, this is a little crude, just to not say for work, I'm just repeating it for this.

0:15.0

He said, what happens if you let all your friends hang out with your girlfriend for a year?

0:22.0

So Ben, the important lesson you have to learn, don't let other people do your stuff too much.

0:32.9

Even with marketing, with your business, everybody wants to delegate, that's fine, you got to supervise.

0:38.1

Armin, you'll appreciate this. When I was in New Zealand, I ran out of money when I was younger.

0:42.9

I was traveling the world trying to find mentors. I spent all the profit I had made from my first

0:47.5

business, I made like 12,000 profit in the year, and I took it, I don't remember 20 or something.

0:54.4

And I'm in New Zealand, and so I ran out of money, couldn't buy a plane ticket to leave the country,

0:59.2

I was there for three months or something. So I had to start shearing sheep, hardest job I've

1:03.6

ever done, manual labor. And you have this equipment, and you got to keep the blade sharp so that you

1:10.5

don't cut the sheep when you're shearing the wool off them. And the guy turns to me,

1:15.2

and all people he was teaching in the training class, and he goes, don't ever let people borrow your

1:22.1

equipment. And one of the guys raised the hand goes, why don't we let people borrow your equipment?

1:28.6

He goes, this is a little crude, this does not say for work, I'm just repeating his words.

1:34.1

He said, what happens if you let all your friends hang out with your girlfriend for a year?

1:41.8

If you're like, ah, I want to do my girlfriend, you just hang out with her. What do you think he said?

1:48.2

She gets effed and not by you. That's what he said. So his advice was,

1:55.3

the things that are important to you, keep close to yourself.

1:59.0

Now, like I said, that's not my words, that's a sheep here in New Zealand, they swear a lot.

...

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