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Tai Lopez

👤 Person
206 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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?

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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?

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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,

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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,

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

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.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

Yeah.

The Money Mondays
Inside the Mind of Tai Lopez: Masterminds, Mentors, and Million-Dollar Insights 🤝 E94

Yeah.