September 5, 2015

Click here for the full written transcript of this podcast episode.

Tai Lopez is an investor, partner, or advisor to over 20 multi-million dollar businesses. Through his book club and podcasts, Tai shares advice on how to achieve health, wealth, love, and happiness with 1.4 million people in 40 countries.

At age 16, Tai realized that life was too complex to figure out on his own.

So Tai wrote a letter to the wisest person he knew, his grandfather – a scientist – and asked for the answers to life’s hard questions.

Tai was disappointed with his grandfather’s reply. There was no “secret formula.” The letter simply said,

“Tai, the modern world is too complicated. You’ll never find all the answers from just one person. If you’re lucky, you’ll find a handful of people throughout your life who will point the way.”

But one week later his grandfather sent a package containing an old, dusty set of eleven books with a note,

“Start by reading these.”

That began Tai’s habit of reading on his search for what he calls the “Good Life”: the balance of the four major pillars of life – health, wealth, love, and happiness.

Over the years, Tai sought out the secrets to that “Good Life” by setting up his life as a series of experiments. He began by first reading thousands of books from the most impactful figures in history Freud, Aristotle, Gandhi, Charlie Munger, Sam Walton, Descartes, Darwin, Confucius, and countless others.

He spent two-and-a-half years living with the Amish, spent time working at a leper colony in India, and helped Joel Salatin pioneer grass-fed, sustainable agriculture on Polyface Farms.

He then joined the long list of entrepreneur college dropouts and ended up completely broke (sleeping on his mom’s couch) until he talked five, multi-millionaire entrepreneurs into mentoring him.

Tai went on to become a Certified Financial Planner and worked in the world of finance before becoming a founder, investor, advisor, or mentor to more than 20 multi-million dollar businesses while settling in the Hollywood Hills.

He appeared on various TV and radio shows, spoke at top global universities like The London Business School and the University of Southern California, and created one of the top downloaded podcasts and YouTube channels, called “The Grand Theory of Everything.”

In order to get feedback from an even larger audience, Tai started what is now one of the world’s largest book clubs that reaches 1.4 million people in 40 countries with his “Book-Of-The-Day” free email newsletter.

Tai recently summarized all he has learned from his mentors and compiled them into a series of ‘mentor shortcuts’ he calls, “The 67 Steps.”

He also created an alternative to the traditional business school. This “Millionaire Mentor program” program combines the best of self-learning with the best of a University degree without all the downsides of burdensome costs and inefficient methods.

In this podcast episode with Tai, you'll discover:

Want more of Tai?

You can listen to Part 1 of this series here, in which Tai and I talk about multi-tasking, reprogramming your genetics and checking your e-mail less.

You can listen to Part 2 here, in which Tai and I talk about how to know when you’re actually making enough money, and when you can stop focusing on income, start focusing more on life, love and happiness, and how to strike the ideal balance between being overambitious and underambitious.

You can listen to Part 3 here, in which Tai and I discuss personal finances – particularly in the wake Tony Robbins is leaving with his new book “Money”, and how Tai feels we should protect and grow our wealth, and exactly what Tai’s personal investment philosophy is.

–Tai’s retreats and public seminars in Hollywood, London and New York

-Tai’s Millionaire Mentor program

-Tai’s online video series: 67 Steps to Getting Anything You Want Out of Life Health, Wealth, Love, & Happiness

–The Mindful Athlete book

Do you have question, comments or feedback about what to do with your money? Leave your thoughts below.