If you are a lover of self-help and motivational programs & books, you would have definitely heard about of Tai Lopez. He is famous for his self-help marketing program – The 67-Step Program. Through this program, Lopez claims to make people rich and famous just like him. There have been many thoughts regarding the authenticity of this program. While some call it a scam, some others claim that they have benefitted from the same, and this leads them to ask themselves how did
How did Tai Lopez make his money and is his wealth for real
We all know that Tai Lopez is a famous YouTube sensation who relentlessly markets his program asking viewers to try it out for their own benefit. He does show off his flamboyant lifestyle (luxurious mansion and expensive cars) in the marketing videos that he makes. Again, there are several facts to prove that his mansion and cars are rented.
Let’s ignore the authenticity of Tai Lopez’s program or his lifestyle. While people believe that Lopez is not rich as he claims to be, there is no denying the fact that he is still a rich man, by all standards. What makes his journey a subject of mention is that he started from scratch! His story is a perfect example of a case of rags to riches.
In this article, we are going to talk about how did
Continuous learning
In his most viral YouTube video, “Here in my garage” and several other videos, Tai Lopez never ceases to emphasize the importance of continuous learning. He asks his viewers to learn from successful entrepreneurs, mentors and self-help books every day, instead of relying on formal college education.
He states that he reads one self-help book a day, as a result of which he keeps his brain active enough to work rejuvenated throughout the day. Lopez makes a lot of money by keeping his brain fit and free from fatigue. He emphasizes his viewers to first invest in themselves and their development before they move on to invest in others’ ideas and projects.
Knowing what to cater to whom
If you want to know how did Tai Lopez make his money, you should know that right from his childhood, Lopez was determined to become successful. He didn’t have an affluent upbringing, and as a child, he saw his mother struggling to sell cherry tomatoes to make ends meet. That’s when Lopez put his creativity into full flow.
Even as a child, he knew that selling lemonade would be a better idea than selling cherry tomatoes. He went on to implement his idea and proved to his mom that he could sell almost 10 glasses of lemonades in the time that he sold 1 cherry tomato. He takes this example to explain to his viewers that to be successful they had to know what to cater when to cater to and whom to cater. This principle proved successful for Tai Lopez, and he endorses the same for his viewers as well.
Having backup plans in place
One of the main reasons how did tai lopez get so rich today is because he tells simple self-help lessons in different versions very effectively. He doesn’t talk about rocket-science when he talks about improving one’s worth, but the way he explains his steps and the background he chooses to convince his viewers is what makes his “edutainment” (education + entertainment) sessions successful.
While elaborating on this point, Tai Lopez states that to become successful, you have to test your ideas on different platforms to see how they are received by your target audience. You should have several backup plans in place so that you can quickly get on with the other plans if the one you tried didn’t get the required reception. If you have been keen on knowing how did Tai Lopez make his money and following the same in your life too, you should now start taking your life more seriously than ever.
Many businesses
Tai Lopez talks about a time when he had just around $47 in his wallet and how he used to sleep on his mother’s couch because he didn’t have a place of his own, in his videos. Apart from this self-help video module, the 67-step-program that he sells for around $1000, Lopez has made his money from many other online ventures as well. Most of these have been marked as scams by users; however, they haven’t failed to bring him money. He has worked with financial clients for a decade, as per his social media profile.
However, he also ran some online dating sites for women to help them find rich men. Even before he became a well-known name on YouTube, he started making enough money as he was (and still is) the owner of dating websites. That’s one effective way to make money – to dabble in many businesses!
Making the most of social media
If you are an entrepreneur and have been thinking on how did Tai Lopez make his money so that you can emulate him, here is an important tip for you. Social media is a market that has immense potential. You can make a lot of money if you harness the potential of social media platforms the right way. That’s what Tai Lopez did.
Choosing an extremely exclusive niche of audience for each platform, catering differently to their needs on different media (different marketing techniques used for YouTube, Facebook, Twitter, Instagram, etc.), constantly engaging with your target audience, using influencers to sell your product/service and monetizing your social media posts are some of the keys to make millions through these platforms. Tai Lopez insists that if he could transform himself into magically from rags to riches, his viewers could, as well!
Conclusion:
In conclusion, Tai Lopez is a multi-millionaire entrepreneur who has made money through various business ventures. Lopez started his career in finance and later transitioned to online marketing, where he has achieved great success. He is known for his various online courses, social media marketing strategies, and real estate investments.
Additionally, he has authored several self-help books and is a sought-after speaker, providing mentorship and guidance to aspiring entrepreneurs. While some have criticized his marketing tactics, there is no denying that Lopez has built a successful career and accumulated significant wealth through his various business ventures.
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Hello, my name is Alex, and I am the founder of Wolfionaire.com, a personal development, and finance blog focused on motivation, success, and wealth. I am obsessed with studying the world's wealthiest individuals and learning about their path to success. I believe anyone can achieve their financial goals with the right mindset and strategies, and I hope to inspire and empower my readers to pursue their own path to success.
