And so, now I’m focused on basically education based things.
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So I’m interested in, I live in Hollywood Hills Hollywood so I’m interested in the entertainment industry and mass media and TV and movies and internet, radio, magazines, books, anything that I can take a message and spread it to a lot of people quickly. And now I ‘m mainly focused on spreading good ideas with mass media. I did what I had energy and as I have gotten a little experienced, I’ve been able to become more and more focused.
So when I was younger, I was a little more erratic and random. You got to find where they intersect and those circles are what you grew up around, what you’ve been doing the last ten years, what 3rd party people that don’t know you have always complimented you on and lastly, what you have natural energy around. You know there’s four concentric circles. I think I talked about this, we can talk about this later but I call this business destiny. In 2001 Google Adwords merged and so it’s been a progression of things that are. I was one of the first guys to market financial products online. I became a certified financial planner, CHFCC, all those things we did. I spent two and a half years with the Amish, did lots of different stuff and from there I decided that I needed to understand money because most humans, most of us are destined to spend most of our time acquiring money, resources so I decided, why don’t I get into becoming a financial advisor because then even at the worst case scenario, even if I didn’t like that industry I would learn about money in order to help me in whatever I wanted to do. And that was something that came out of my natural interest, curiosity at that time of my life. For about ten years I was very focused on organic agriculture, grass-fed, the whole paleo movement before it was even the paleo movement, I was involved in. So I put a boundary around what I feel confident in you know, and so now over time you know, it started out, one of my first businesses with Joel Salaton in agriculture. Humans have what’s called bounded rationality, so you must always constrain your choice potential by some level of bounds. Success Harbor: So how do you decide on these ideas? There are so many ideas and so many opportunists so what makes you say no to some and yes to others? I am, you know, I have, done real estate investment company. I don’t want to say the name because I’m under a NDA but they’re a pretty well-known university that’s doing some for profit stuff outside of Europe. I’m looking at one of the large universities in Europe wants me to buy a large percentage. So I just bought a business in Romania, 50 percent.
What I like to do is I travel around the world, and, and I find the best person in any industry and I talk them into doing a 50/50 business with me. It’s called LLG Financial and now I invest, you know, I own some of the largest dating sites as an investor, big net worths of dating sites, not necessarily although I work with, in that space, the social space.
My business partner and close friend John Dewar runs that. I basically have sometimes I exit the businesses that I’m in, so that’s still around. I started a big investment company on the East Coast called it used to be called Legacy Life Group. I owned some of the biggest night clubs on the east coast. They like lemonade with sugar so that was my first business lesson and since then you know, it turns out that the businesses that, a lot of businesses I’ve started, been an investor in or I’ll co-start with people. Most people don’t like tomatoes, at least cherry tomatoes.
I had a little 10 cent bag of cherry tomatoes then I realized lemonade worked better, which is one of the 25 cognizant biases, reward versus punishment. I remember 4, I started a little tomato stand outside. I didn’t start you know, late and I really started my first business when I was 5. About 77 are self-made billionaires, are investors so that’s about double even the next closest second category so you know I started when I was a teenager. There’s more than that who inherit their money so, the largest category of wealthy people are investors. Tai Lopez: Yes, so really what, what I like to do is, I’m an investor so you know, if you look at the 440 wealthiest, there’s 440 approximately, 44, 450, self-made billionaires. Can you give our audience, our audience an idea of some of the companies that you have started? You’ve been an entrepreneur for 18 years and started 12 multi-million dollar companies. It’s Friday and it’s beautiful out and just great to be here.