Tai Lopez
speaker
103 appearances
1 recordings
1 series
first heard Nov 2024
last heard Nov 2024
Tai Lopez’s voice in public audio — every appearance, attributed to the second.
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Appearances
You know, and some of the best masterminds I've had, like I've done my own, I do my own mini masterminds, by the way. I have a couple marketing guys. You do the same thing. Me and you kind of have a WhatsApp mastermind. We'll talk. So you could have, I have formal ones and I have little groups on WhatsApp. I paid one time Steve Ballmer $250,000 to have lunch with him.
You know, now he's the fifth richest man in history. When I was there, he brought another guy. We were all sitting around having dinner for a few hours. It was like a dinner table. I paid a quarter of a mil. Well, I gave it to his charity. He didn't want the money. But by the way, the other guy there was the owner of the Golden State Warriors. So it was like three of us. It was funny.
Steve Ballmer left the table. He was like, Ty, I got to go for 30 minutes. We were down at the Staples Center. So he leaves, we're having, I'm like, oh man, he left me with this guy.
It wasn't Vivek, it was a different, it was a former one. It was the guy before that. So I'm sitting here with this, it was an Asian guy and I'm sitting there and I'm thinking, oh, this is his assistant. He left me with. Oh my God. So I just had a totally normal conversation. Just like, so what do you think? Who's going to win the game? The Clippers?
And after like 15 minutes, I was like, by the way, you know, I was like, I thank God I didn't say how long have you worked for Steve. Right. But I was like, how did you guys meet? And he's like, oh, when I owned the Golden State Warriors before I sold it. And I was like, oh, shit. Oh, my God. So what I'm saying is that was a mini mastermind that cost $250,000 at the table.
But I had some of the best advice I've had in my life. on buying and selling companies because I was with a guy that at that time was worth 50. It was worth 47 billion, I remember. So you need to be around people that you can trust their advice because nowadays everybody has advice. Everybody's advisor. I go on my Instagram.
I'm like, this motherfucker is like people taking from advice from a dude who made money for three months and now he's like a guru.
Yeah. I have my friend Jeremy that's in my house right now. He was in Bali. I remember him texting me during COVID and he's like, dude, I'm in a jacuzzi with like 10 people and one of these motherfuckers is a... I said, how old are you? The guy's 20. What do you do? Life coach. He's like, who do you coach? Eight-year-olds? At 20, you could coach eight-year-olds.
You could coach people 10 years younger than you because you got the experience. But... Yeah, so when you pay for a good mastermind or pay for like a seat at the table, you're getting assurance that this advice is tried and true and tested. Do you know what I mean?
Yeah, you don't want to tell him. No, you don't even want to tell them.
same quality same feel same style yeah what the entrepreneurs are doing 500k a million five million ten million two million so that it's more affordable and more realistic to get into it yeah talk me through your thoughts on the concept yeah so the 20 million dollar mastermind like you said it's like you can still have two levels it's gonna be two different masterminds but there's a huge gap in the market for people that are wanting to hit 20 million they're not there yet you know and what i would say is i tell people this
I've heard people, Russell Brunson in front of mine, sometimes he says, you're one funnel away from doubling your net worth. There's truth to that. But I would say even more so, you're one relationship away from doubling your net worth. Meaning there's some person walking this planet that knows one thing about Facebook ads or knows one thing about raising capital.
And if you knew them on a friendly basis, they'd tell you. Because I tell people, people don't always tell you every secret they know. So if you buy a course, if you buy a book, they don't put everything in because people reserve their very best stuff for friends.
So when you start coming to a mastermind, social events, dinners, stuff like that, people's guard drops and they give you their best advice. Back in 2014, I was at a dinner. I swear it might have been one of your dinners. I wish I could remember. But 2015, a guy's like, there's a new thing called YouTube ad that's really taken off. And I was in September 2014. And I was like, you know what?
I've learned when somebody test everything people tell you. So I was like, let me do a little test. So in December 2014, I spent... $17,000 on YouTube ads and made back like $1,000. I was like, oh, this isn't going to win. But the next month, I kept dialing in the funnel, and I launched, I remember, it was January 24, 2015. I launched, and we cracked the code.
We had this here in my garage video and a couple variations. And this thing started, and I would spend $60,000 and make $120,000 back in an hour. I was making like $60,000. It was crazy. So that... As much as I'd like to claim all the genius myself, it really back to that dinner.
By the way, if you're that guy and you remember, I want to take that guy to dinner because I can't remember who the hell it was. But the point is that guy in his head. Probably had some friend making money on YouTube ads. And even though I'd heard of it, a guy at dinner was like, dude, I think you'll be good on this YouTube ads. And he kind of encouraged me. So you need that to catch trends.
You cannot keep up on all the trends yourself. You'd have to read 30 books a day, 30 newspapers a day. You have to be Warren Buffett. That's the only dude I know who reads 800 pages. He says he reads 800 pages a day. So you either could read 800 pages a day to keep up with the trends,
Or you can go to dinners, masterminds, and build a huge network, and one of them, I guarantee almost anybody, that you'll dub your net worth off something in somebody else's head. You can't have all the answers within. You just can't. So network. That old saying, always be ABC, always be closing. I'm like, no, always be networking. Always be networking.
Yeah.
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