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Success Advice

3 Ways To Maximize Your Life & Riches – Tai Lopez

Joel Brown (Founder of Addicted2Success.com)

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Joel Brown Interviews Multi-Millionaire Investor and Entrepreneur “Tai Lopez” to discuss Why Self Development is so damn important when it comes to living a well rounded life of success.

Tai Lopez was a self made millionaire in his 20’s and he loves sharing the knowledge he has learned through many years of building and acquiring businesses, working with the Amish and reading over 5,000 highly rated books.

Tai Lopez Advice for Achieving Success

3 Key Takeaways from this interview with Tai

 

1. You MUST know yourself

American Management consultant, educator and author Peter Drucker said:

“Most people think they know what they are good at, but most people are wrong”.

They also think they know their weaknesses but in most cases they don’t even know their weaknesses either.

You can only build on strengths. Work on finding out more about yourself so you can discover your true strengths.

 

2. Once you know yourself, you need to translate that into creating “The Good Life

Nietzsche the philosopher said:

“The mind is like an inaccessible fortress. “

So you have to penetrate the fortress of your mind, it’s not enough to just go:

I want to be an Entrepreneur

I want to make money

I want a Lamborghini

It’s just not enough. “I remember sleeping on a couch with $47 in my bank account in a mobile home in North Carolina and now, where I am, people think the Lamborghini I drive is about materialism. I am more materialistic about my huge collection of books.

Lamborghini’s are an RRD Investment, Rust, Rot and Depreciate, but I keep that Lamborghini in my garage because it’s a reminder of the reward of #1, “Knowing Yourself“.

So to penetrate the fortress of your mind, reaps big rewards in what I call “The Good Life“:

Health, Wealth, Love & Happiness!

It’s not enough to just have money. It’s not enough to just be in good shape. It’s not enough to just have love. It’s not enough to just have internal happiness. You must juggle four things at once.

 

3. Lead with some rewards

The reward is like the carrot that you put in front of yourself.

I keep these, what I call “Selfish Rewards“, whether it’s a Lamborghini or a nice house in the Hollywood Hills, because it reminds me that, “that reward”, will suck me along like a vacuum cleaner, like osmosis.

It’s simple, if you are trying to lose weight, then put a picture in front of you of a beautiful guy or a girl and lead yourself with the reward.

So over the years I have discovered, what you want to do is; Divide your goals into 2 areas:
1. Selfish Goals

Example of Selfish Goals: A Lamborghini, A Jet, “My selfish goal is to one day buy a basketball team.

2. Unselfish Goals

Example of Unselfish Goals: Helping the homeless, sharing knowledge, donating money.

 

Tai Lopez 67 Steps
 

Watch This Video for the full conversation with Tai Lopez

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Success Advice

10 Tips to Deal With Negativity While Starting a Business

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There are ups and downs in business but fearing failures can stop you from taking your first step towards excellence. With pandemic on tow, aspiring entrepreneurs feel a little stuck when ideating a business prospect. Here, we give you some actionable tips to deal with negativity while starting a business, even during situations like a pandemic. We also took the liberty to throw in some amazing book recommendations that’ll help you enjoy the process of being positive and achieving your business goals.

10 Tips to deal with negativity while starting a business in a pandemic

1. Get a mentor

The first thing to do as a new business owner is to find the right kind of mentor. That person could be someone in your industry or in general who you look up to. The guidance must be apt for your business, and it should be a mutual responsibility of sharing knowledge. 

2. Two big R’s – Routine and Refresh

Made a mess of something? Try to reboot the situation and make it work. Take a break once in a while and refresh yourself if you feel stuck or your ideas feel mundane. Plan a routine and stick to them – both personal and professional. Having a routine can increase productivity and engage in more activities apart from your pre-planned schedule. 

3. Inculcate problem-solving mentality

Do not panic once you are thrown a problem. Arrange a meeting with the respective party, listen to both sides of the stories, and make a decision that is more realistic and feasible. 

4. Hire half and half

Whenever you hire someone for your business. Make sure that half of the people contradict your ideas, and the other half have the same mindset as yours. The people who contradict can bring in more valuable points and their perspective might take the discussion to a whole new level.  Don’t take too much time finding the perfect one. Hire an apt person who can have the right attitude. 

5. Network, Network, and Network

Find like-minded people and mingle with them. Be more sportive in the learning process. Listen more and talk less – if you are a beginner. You can only be a constructive person who gives input to someone if you have listened to everyone’s point of view. If you feel down, your network might have something to uplift your mood and change your perspective on something. 

“Negativity, in general, is one of the things that holds people back, and you have to see what’s holding you back to get away from it.” – Lucy Dacus

6. Tech-savvy personnel

Learn a thing or two about the latest technology that you implement in your organization. Since the world revolves around technology, make sure your administrative authority knows as well.  

7. Don’t schedule a meeting, that could have been an email

Yes! I said it. Having unnecessary meetings will weaken the purpose of having a constructive discussion. Having back-to-back meetings drains the team members and yourself too. Always have a 10 to 15 minutes break between each meeting to feel refreshed and give your 100%. 

8. Have a pros and cons list

Always, I mean always have a pros and cons list. Let’s say one of your team members pitch an idea to improve the marketing strategies starting next month. Jot down the pros and cons before approving or rejecting it point-blank. It’s a systematic way of making a decision. 

9. Track your finances

Even if you have a team of accountants and auditors, make sure that you are present (both mentally and physically) – learn if you are not aware of it. Trusting your employees is a must, but not overseeing the records is a mistake that should be avoided. 

10. Remember your “why?”

At some point in your hectic schedule or not having ME time can get to you. During those tough times – ask yourself – “Why am I doing this?”. If you can answer this question with a valid explanation, you’ll feel energized. Because “A purpose drives you”. 

5 Best books to read to be more positive as an entrepreneur

Reading always puts me into perspective. Therefore, I took some liberty to give a sample of positivity and determination through words. 

These are the 5 books that’ll guide you to be a more positive and successful entrepreneur. 

  1. Attitude is everything by Jeff Keller – The decisions you make, the routine you set for yourself, and the affirmations you say to yourself every day are going to make a huge difference. If you feel tired, hopeless, and quitting – then this book is for you to boost you up!
  2. Mindset: The new psychology of success by Carol Dweck – You do what you think. In this book, the author talks about two mindsets: The growth mindset and the fixed mindset and what they’ll do to you respectively. She helps you recognize your mindset and change it for the better. 
  3. Innovator’s Dilemma by Clayton Christensen – This book is about technology uprisings all over the world and businesses that adopted and implemented technology in their firm. The author teaches you that just because your competitors and others are adopting something into their businesses doesn’t mean that you have to as well. Make an informed decision. 
  4. As A Man Thinketh by James Allen – This book specifically is about the power of thought and how it shapes your life into a more meaningful and fulfilling one.
  5. The Power of Now by Eckhart Tolle – The author talks about how people always keep thinking about what the future holds but then forget to live and enjoy the present. And also helps us understand how to make decisions more efficiently based on the present. 

Working towards inner balance requires consistency and perseverance. So does hard and smart work. Being negative is a part of our lives. It’s important to channel it appropriately and make things happen despite the roller coaster ride that is our lives. Hope you overcome your fears and negativity to shine bigger and brighter. Cheers! 

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Defining Your Own Success: A Step by Step Guide

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Everyone wants success in their lives, but success can be defined in so many different ways that it can sometimes seem daunting. In this blog post, you will learn how to make success easier for yourself by defining what success means to you. (more…)

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Success Advice

5 Characteristics of Athletes You Need for Business Success

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Michigan State basketball coach, Tom Izzo, wrote “Players play. Tough players win.” I would add to that, “It’s tough to win.”I think if you, as a leader, are looking to build an organization that is successful – that wins – you first have to accept that it will be tough. There are no shortcuts to success. In my 44 years of coaching, I was fortunate to coach a lot of tough players. I believe the toughness I have seen in athletes corresponds well to any organization or business. (more…)

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Success Advice

5 Changes in Your Habits That Will Help You Thrive

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We’ve all found ourselves at the bottom at least once in our lives. We thought that everything’s ruined and there’s no going back. The truth is – there’s always going back. Moreover, it takes one to fall many times and feel like everything’s ruined to succeed in life. (more…)

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