The Tai Lopez Show

356: 4 Steps to Make Money Online ($100k/day)

The Tai Lopez Show

“It’s the stuff you DON’T do that will scam you” - Tai Lopez

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Today I am going to show you the 4 steps to making money online. The only way to create serious wealth is to create what I call “robotic income.” This is the income that is happening constantly, without your own actions It’s happening while you do other things, while you sleep, etc.

This means that if you want to make $1,000 per week, you don’t have to divide by that amount by the normal 40 hour workweek (which would come out to $2,5 per hour), but you can divide it by 24 hours per day, coming to 168 hours per week, meaning you only have to figure out how to make $5.95 per hour.

Which seems easier?

This is the power of robotic, passive income. As you ramp up your income and diversify through multiple streams of income, you can get to the point where, like me, you’re able to bring in $100k/day in income.

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“Money doesn’t guarantee happiness, but lack of money guarantees stress” - Tai Lopez

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Points to Keep In Mind

  • You will figure out how to make money in stages, not all at once. Just make sure you’re always heading the right direction
  • The average billionaire has 3 or more different streams of income
  • You must learn how to create “robotic income”
  • The average person right now is saving 1% of their income. They are not creating any wealth for themselves
  • Figure out how to progressively make more money each month, and each year
  • Reduce what it takes to reach your goals into monthly, weekly, daily, and even hourly
  • Don’t be afraid to be curious, be disruptive to the entrenched companies
  • Don’t be afraid of controversy and standing out
  • Create an interesting brand story
  • In life, you will encounter skeptics. You want those people. They are revealing who they are
  • Find a business partner that compliments you, and fills in where you are lacking
  • Understanding how to motivate yourself is one of the most important things you can do
  • Multiple streams of income will keep you safer during recessions
  • Pretty much every adult regrets the stuff they didn’t do. Don’t be that person!
  • Don’t buy things that depreciate
  • When you understand how humans work, you become good at marketing
  • Include bonuses in what you sell
  • Money doesn’t guarantee happiness, but lack of money guarantees stress
  • It’s the stuff you DON’T do that will scam you

The 4 Steps to Make Money Online

  1. Find common household items that interest you
  2. Use Shopify, Clickfunnels, or Amazon
  3. Connect them to a credit card processor and bank. Use a business bank account
  4. White label and drop ship

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