[Music] welcome to the smartest decision you've ever made hustlers university this is the smartest thing you've ever done if you're sitting there wondering you should already know but if you're sitting there wondering hmm it's just gonna be worth it or not buckle the [ __ ] up this is the smartest thing you've ever done because this is the first time Besides the phd course where i'm gonna lay down all of my knowledge in the world about a particular subject phd course was girls this is going to be about business everything i know about making money
so the way this came around was i was convincing yet another person to not go university i have convinced well i don't know if i've actually convinced them but i often say the biggest mistake people make in their lives is traditional education it's a Waste of time it's a scam and i always tell people why it's a waste of time why it's a scam like there's a double inflation principle that i coined myself the fact that more degrees exist every year which inflates them because they're less valuable because more exist plus the price goes up
every year which means it's less valuable because it's more expensive if more exist the price should go down scarcity and value are linked but There's some kind of double inflation that goes on with education which is propagated by the mainstream think tanks because they want to put you in there and they want to brainwash you they want to put you in there and want to turn you into a [ __ ] not actually teach you anything that's useful just turn you into a little worker drone nobody goes to university and leaves knowing how to get
rich and If you look at all the richest people in the world or all the most successful people they'll say i didn't go to school or i quit university i dropped out because you're not learning anything about getting rich you're sitting there just being brainwashed it's [ __ ] so when i was sitting there saying to this person don't go uni don't go you don't go uni they said well what do i do instead then i said learn from me And they said oh okay well what do i learn well so you can join the
war room you can learn there so okay yeah i'll join but is there anything else i thought you know what i'm gonna start my own university i'm gonna give people a genuine option a genuine alternative to mainstream education i don't know about you but me personally all i ever want to do is get rich i didn't give a [ __ ] if i got rich Breaking rocks or got rich being a professional fighter i didn't care i want money i was not passionate about some business i was passionate about money and money money only so
if you've joined this course to learn how to run a business and get rich congratulations you're about to learn a whole bunch of [ __ ] because i've run a bunch of companies you're going to find out during the length of this presentation this is no Nonsense no fluff no doubtably the hardest hitting presentation given by a multi-millionaire on how to make money in history because all the other multi-millionaires are lying to you they're lying to you by talking [ __ ] tai lopez if you read books you'll be rich lie you can read books
all day you're not getting rich as a lie these other [ __ ] nerds think posit if you'll be rich another lie what do you Mean if i read books and i think happy money appears in my bank no it does not this is garbage we're cutting the garbage we're getting down to it with 100 points 100 business lessons i've learned across my business career so as i said if you've just made the decision to join the university congratulations your world view is about to change forever i don't have a seat belt on my chair
but i'm ready if you have a seatbelt on your chair put it on If you don't hold on tight we're about to get rich right here hustlers university lesson one i've even got a whiteboard for you [ __ ] that's how hard i've worked on this university project whiteboard markers lesson one speed now i tell this to everybody all the time and nobody understands what i'm Trying to say i'm gonna try and articulate it speed is extremely important in business everything that needs to be done must be done fast that doesn't mean it has to
be done cheap or [ __ ] it means it has to be done quickly people seem to conflate the two that if you do something quickly it must be terrible that's not the case when you're a professional fighter you learn to punch Your instructor says faster faster faster you learn to punch faster you don't degrade your punch you don't start punching like an idiot you keep the same quality of punch but you do it quicker now nobody in the world the modern world especially and i'm going to say this a caveat that i've learned across
my career as well especially if you're dealing with creative people in any kind of regard they don't understand speed Numbers people kind of understand speed creative people don't understand speed and this is their they have a strength and a weakness there with creative people have something i don't have they're very creative and they can see things i can't see but it takes time i'm the complete opposite i want everything done straight away now but speed is super important for a business and i'm going to tell you why so whatever you're thinking of doing Whatever the
business you're thinking of running you need to do things quickly if an airplane everyone knows how planes work is flying through the sky arrow beautiful demonstration for you there a beautiful [ __ ] diagram even if its engines fail it will continue to fly if the engines fail it will not fall out of the sky and instantly crash the ground it'll continue to fly do you know why because it has forward momentum it's going Forward and that means the wings are creating lift air is going underneath the plane as long as the plane goes forward
it will not fall and fail and a business is exactly the same the key with business is to make sure you're always moving forward always producing content and always doing everything you can as quickly as possible while maintaining the quality do not conflate quality with speed you can do the same if you have an idea right now and you Have someone you're working with let's say you need a new website you tell the company it's gonna take two weeks no it's not gonna take two weeks it's gonna take three days we're gonna find someone else
we can't do it in three days i'll find someone who can you can build a good website in three days people have unrealistic stupid time frames everyone thinks things take forever things don't take forever things can be done quickly i know because i've Done it i've pushed people or done it myself and seeing what's going to be done you know what i could do in two weeks me as a man who knows nothing about web design in two weeks i could learn web design and build a website and i know nothing so how the [
__ ] can you the guy who knows websites take two weeks to build a [ __ ] website it's garbage everyone is slow and being slow is deadly to a company for two reasons one The faster you get things online the faster you start making money now if you make money today because you were in a rush let's say you quickly push and you get online today and you make money that's one universe and another universe where it takes a week and you get it online that week of making money is gone that money is
lost the longer it takes to get something online the less money you're gonna make as a whole if i start A company today to the end of my life and start a company next month at the end of my life the one i start today has been running longer it's going to generate more money the quicker things are done the quicker money is made it's as simple as that that's starting a company even if a company is already online speed is super important once again i'll give you an example let's say uh i don't know
Producing an advert the faster you produce an advert the faster it's out the faster you get results if you do it quick enough you might be able to produce two adverts in the time that other people take to produce one now you have double the advertising that other people have speed you have to attack and you have to move quickly when i talk to people people say to me all the time i have a business idea i'll say okay cool a week Later i'll say how's your business the goal what business you have an idea
and it's been a week where's your [ __ ] company where's your business it's been a week you ain't done [ __ ] people are lazy people are slow people are complacent including you everything must happen instantly quickly fast speed attack hitler conquered europe with blitzkrieg you need to go quickly i could not emphasize this enough lesson One speed is important nothing can be slow i'll tell you another quick story about this lesson i used to run a company so you're going to find out about a whole bunch of companies i ran and i've run
in my time during this presentation so my work history is long and varied but i'll give it to a very short version there was a job selling television advertising that required a degree A degree in marketing to sell tv advertising packages it was cold calling this is a long time ago i was 20 13 years ago before email was a thing you'd get on the phone you'd call people up marketing manager hi my name's andrew tay i'm calling from uh tristar television i'm interested in da da da da are you interested in putting your brand
on tv blah blah blah old school sales which anyone if you've not done a sales Job and if you are gonna look for a job do a sales job because once you learn to sell you're gonna be all right and you're always gonna be looked after by the company because you bring the money in they're gonna give you a nice car a nice office whatever so anyway i went to apply for this job they said i need a degree i said i don't need a degree they're like why didn't you go university i said cause
i ain't got four Years to waste in school i'd rather get four years of experience out here working jobs i'd rather have real experience and money in my pocket and learn the hard way then go to some school and sit around and drink alcohol and do drugs like all these other university graduates are i'll work for free for one week and if you don't think i'm good don't give me the job that's what i said i worked for free for a week and they gave me the job because i'm a g So there you go
that proves how pointless uni is i got the job above all the graduates because i was prepared to do one week's free work well it's better to do one week's free work then four years free work while paying money to go the [ __ ] is that waste of time so i got this job at tristar i'm there i break the company sales record in the first month how because i was just on the phone hard work just calling calling call i would call everyone everyone in The office would laugh at me because we were
a real small business we were really small in terms of television advertising uh standards and i would call the companies like mcdonald's like the huge companies that we never stood a chance of getting a deal with in a million years i'd call everyone tenacious i'd get the newspaper and go through it anyone who put an advert in that means i had an advertising budget means that a market manager call them Call them call them so i broke the company record in the first month i landed three 40 grand deals 120 grand abroad and 10 turnover
12 10 commission 12 grand for me i was 20. got 12 grand i didn't have never kind of money in my [ __ ] life i couldn't believe it turns out the top salesman there besides me because i broke the company record for the first month uh i didn't bring the company records a Total but just for the first month the the best salesman there was a guy called dan you're gonna hear about dan a lot cause he taught me a lot about sales and business he wanted to start his own tv company so i'd
only been there a month now i'm having lunch with dan the number two in the company and he's saying i'm going to go start my own tv company i want to make you a managing director i've been i've been doing a month i'm 20. now i'm gonna be a managing director of this company but i have 12 grand in the bank so i have a bit of money to sit on i'm like yeah [ __ ] it what's the worst that can happen [ __ ] it so i only work for this company a month
and a half before i quit and start my own tv company i'm 20 i own 50 of a tv advertising agency turns out dan is a massive cocaine addict and basically left me to run the entire Company that's why he wanted me he wanted me to do everything and him just go out and take the money from the bank and do cocaine so at 20 i ran the entire company now for a year and a half this company functioned and this company functioned by selling the cheapest television advertising that ever existed so what we would
do was let's say we would we would charge people 18 19 000 pounds and that would include a fully produced advertisement from start to finish and their air time on tv and all the legalities to get them on tv you have to go to the advertising standards everything that was a complete package with like 150 adverts on tv for like 18 grand and we were we were calling up calling people on the phone me and dan eventually we hired tristan ended up With like 10 members of staff cold calling calling the world promising television advertising
at this price now how does this all link back to lesson one speed i'll tell you how because on an 18 or 19 grand package we were only making two grand three grand we weren't making any money on it in fact a lot of the deals we were losing money or breaking even but we were just trying to build up A customer base we were just going into meetings saying here's our clients and showing a list of clients people like how the [ __ ] these young guys got all these clients they must be some
kind of young marketing geniuses so people thought we were but really we're just selling it too cheap so we had all these clients so how did we stay alive for a year and a half before it finally blew up on our face Speed we were robbing peter to pay paul so we were getting money in i bought a brand new car dan had a brand new car we had this big fancy office we're paying wages but we didn't have some money so how do you pay to put the person on tv when you get a
new deal you get a new deal you get a new deal so you're paying for old deals with new money but the key was as long as we kept the speed going as long As we kept the speed as long as we kept pushing forward we were never out of business we didn't even need to make profit we just needed to get money if you could just find a way to get money into the bank you don't even need profit we were doing two deals a week in our first year we turned over nearly a
million pounds i'm 20. i've got a million pound business but there was no profit it was just land a new deal so we could put the old Deal on tv and eventually you get deeper and deeper and deeper and deeper into the hole to get to the point where you oh [ __ ] loads of money which is what happened now this business would have still lasted another two three years and this business i learned a very valuable lesson which we're going to come to later when it come back to this business so pay attention
But i learned a really important lesson in this business but this business would last another three or four years except i took a one-month holiday to go training kickboxing in thailand i was still training at the minute i wasn't i wasn't a world champion by then but still a professional fighter i was training i took a one-month holiday during my holiday dan just did [ __ ] loads of coke From the company bank account just emptied the company bank account no deals were landed and it all blew up in our stupid faces law [ __
] court cases everyone taking us to court i was literally i was 20 when you're young you're scared of things there's bailiffs at the door we've lost our office i was literally sitting there i couldn't sleep i was panicking i didn't know what to do everything [ __ ] blew up in our stupid faces but if i could go back in time and I didn't take that one month holiday and i would have kept it running for another three or four years and if i knew then i know now some of the other lessons i'm
going to teach you this would have made me a millionaire at 20 years old so speed if you are moving fast you cannot fail the name of this company was t2 television t2 t2 television proves speed wins get the money in get a deal produce the advert get it out get someone else In get money now speed no we can't wait wednesday meeting oh next wednesday no it's not next wednesday it's tomorrow tell them we'll go there tomorrow they can only travel to us next wednesday we'll go to them tomorrow we have to close the
deal now money money money money money now speed i cannot emphasize this enough because it is my entire business philosophy if i had to give you one important point this is the reason this is the first point Speed and everybody is slow and if you start to work like me you'll realize everyone's slow and that's okay but things must happen quickly it's extremely important the second point of the university most of you don't know what a business is a business is money in a business is nothing else but money in it's not money out it's
not your Accountant it's not your logo it's not your website a business is money into a bank so a drug dealer who has money going into his pocket is more of a businessman than someone with a registered trade logo and an accountant and all this garbage who ain't getting paid you own a business if you're getting paid that's what business is so please understand this point because this is a very important point And this is why this is called the hustlers university because you need to understand how to look and approach a business so cash
is first so let me give you an example people i say to people start a company start a how would you start a makeup company and they go okay well i find some makeup and i get a logo And i would uh start a trade i'd get a trademark and then you know i'd need stock listen to all the things they're mentioning find makeup we're gonna have two things things that cost money and things that make money as a business your primary concern is always making money and when people think of how to start a
business all they start thinking about is how to spend money Oh i need to find a makeup brand i find some makeup and test it out and then get a logo and get some labels made and get a warehouse and and get a website and da da da da spend spend spend spend where's the money in where's the money this is a business where's the [ __ ] money you're talking about spending money i'm talking about making money so as a hustler you always have to be about making money money in is a business not
Money out the amount amount of people i've spoke to said i have a business like oh what have you got i've got this and i've got a registered trademark and i own this and i know you've all watched dragon's den you think this shit's important with your registered trademark and you own this and you've got the logo and you've got the labels and you've got the product and you go blah blah blah you're not making any money no one's paying you it's not a business if no one Pays you it's a business when people are
paying you until then it's circle jerk [ __ ] it is much better to have this right and this wrong understand me it's much better to have this right and this wrong than the other way around that is extremely important for you to understand if i had to start a makeup brand i would do none of this zero you know i do i'd make a website With makeup on it and prices and i start advertising bang now i'm making money i'm making money i'm getting orders i don't have any makeup i don't have a warehouse
i ain't got a logo i got oh i got trademark logo i ain't got nothing but i'm making money with money you can fix the problems so when i've got money in my bank then i Email everyone the product you've ordered the one you're interested in is in such high demand that we're sold out there'll be a slight delay in delivery of your product but don't worry we're going to give you one for free or we're going to give you a free gift thanks for being a valued customer now this person is going to wait
they're like free gift okay i'll chill i'll wait now you have three or four weeks to find some [ __ ] makeup to put in the [ __ ] mail but at least you got money you got money in the bank you spent none of your own money or hardly any you got money coming in and now you gotta find a way to fulfill the orders that goes back to business lesson number one speed now you gotta quickly find some makeup find a logo stick it on put it in the [ __ ] mail but
doing that makes more sense than this what if you do all this [ __ ] And then you try and advertise and no one buys then you've lost if we do it my way i advertise no one buys i ain't lost anything big whoop who cares no one wants my makeup oh well good thing i don't have 500 boxes of it sitting in my [ __ ] bedroom like you dorks a business is money in when you want to start a business your number one concern is how do i get money in nothing else Everyone
who starts a business starts talking about everything else we need an office why do you need an office no one's paid you yet and you're talking about an office i need a new laptop why no one's paid you yet you're talking about laptop you don't need anything until people start giving you money money in is a business money out is vanity it's very easy for me to think of a business buy an office buy laptops hire staff get an accountant sort out The tax records register the company online get business cards get a logo and
get that trademarked and i'm doing all this [ __ ] i'm spending all this money wasting all this time and no one's paid me anything it ain't a business when you come at me with a business plan my first question is where's the money when you want to start a business the first question is where's the money how are you gonna get paid is it paypal is It stripe is it bitcoin how are you gonna get paid how can people pay you and how are you gonna convince them to do that how are you gonna
convince them to pay you when you've worked that out you can work the rest out a business is money in nothing else that's lesson number two and that is extremely important because it's going to save you a bunch of [ __ ] ups in the future this leads on to idea number three the third lesson you'll Learn in business it's super important i've kind of covered it when i discuss two but this is very important star ideas for free people come to me all the time andrew i have an idea for a business maybe you
need a small investment it's normal let's say you're developing an app you need to invest in the app something that's that happens but a lot of people ask for insane amounts of money 50 grand 100 grand 200 grand oh to start my business you can start businesses very very cheaply if you do it the right way let's look at our beautiful demonstration our beautiful diagram here of our makeup company if you start a makeup company this way you need minimum 200 grand you need an office you need logos you need trademarks you need stock you
need staff you need company incorporation you Need tax you need accountants you need advertising budgets you need 200 grand 200k to start this business if you start business this way make a website put some pictures on there pretend you've got a whole bunch of stuff you ain't got and start getting money in you can start this business for five grand let's say for the website five grand that's 195 grand difference Now the problem with this business is you're going to start getting money in and you're not going to have any way to fulfill the orders
but back to business lesson number one because you're a fast worker because you're industrious because you work with speed you'll find a way to fulfill the orders hey listen worst case you give them the money back worst case you refund them but at least with this idea you can test The viability of your plan one and two you're not in the hole so let's assume both companies are bound to fail here you've lost five grand here you've lost 200 grand why risk all that money when you can do it cheap also with five grand startups
you can now for the same price as starting one company you can now start 40 companies one of them is going to work Because they're five grand each to start one of them is going to work so you have to learn that the idea of starting a business is not expensive get that out of your head i'm a millionaire a multi-millionaire and i will not spend more than five grand launching a company five grand max i'll spend five grand and if i see money coming in maybe i'll invest some more or when the money starts
coming into the makeup company you might reinvest all The money that's fine because i ain't your money that's money you're making you can build a company off the money you're bringing in from the company and never spend your own money that's how you launch a company now every time i say this people go to me oh well what about this what about that if you're gonna launch a [ __ ] airplane company and try and compete with boeing you need money obviously but i'm talking about for you guys out there this is the Hustlers university
if you're looking at making money starting a new company or you already have a small company the some of the biggest mistakes you can make is investing lots of money when you're broke it's hard to make mistakes because you don't have any money to lose when you're rich it's easy to make mistakes because you have a lot of money to lose start companies as cheaply as possible basically for free by prioritizing money in and not Prioritizing fulfillment that way you get to start companies cheap you can start a lot of them you have money coming
in the door and you can reinvest money you're making in your company and build your company from the ground up every company i ever made incl including t2 television was done this way when i got my first deal for t2 television i had a blackberry and a business card and i went to their office And i signed the deal i had a business bank account that was free no tax incorporation nothing they paid me and i used that money to buy an office done i started a television advertising agency like this i didn't get an
office first office staff computers desks i didn't have any money i had the 12 grand from The commission but i was saving that for myself okay so all went wrong i could have blown my whole 12 grand and set up the office but no i bought a laptop i had a laptop i bought a blackberry had a business card landed my first deal and set up my whole business off of money already coming in and if you can do that with an advertising agency you could do that with nearly anything this is television advertising this
is like premier [ __ ] back in 13 14 years Ago before the internet was big almost everyone wanted to be on tv that's how you start companies i started an advertising company with a [ __ ] blackberry this is how this allows you to start more businesses and allows you to see what's viable and what's going to make money and what isn't without risk it's extremely important you approach businesses this way and not businesses this way is extremely important get this in your head these first three lessons About speed about money in being priority
over everything else and about starting businesses with this focus as opposed to the cost focus money in as opposed to fulfillment that's good that i've already taught you more than you're gonna learn about business anywhere else that's key because if you do things this way it's very hard to have a monumental [ __ ] up it's very hard to lose money and also now you can start nearly any Company you can start nearly any business give me a business name something completely random a record label you want to start a record label so record label
what do you have you have this is completely on the fly record label so let me wipe my board this is completely on the fly unprompted we're testing my business genius for the hustlers university let me clear my Beautiful diagram here right so how does the record label make money make we have make and we have costs so record label makes money by selling records correct i've never run a record label so i might be wrong so you have to sell records now a record label is a digital product so it's actually harder to make
up because how can you sell records you don't have So what i'd be looking to do first thing is test my distribution channels so costs you need to find records you can instantly supply unlike a makeup company so you define artists which are i wouldn't say struggling but there's certainly you need to go out there and find some artists which you don't want money up front so you need to work out some kind of commission deal with ours to say look we're gonna give you x amount on the base of the sales so you Have
to find we're gonna put broke boys because it doesn't you know what at this point especially with a record label although you need good quality artists to have a good reputation as a record label if you have [ __ ] ones at the beginning it doesn't really matter if you have uh some [ __ ] ones and you sign rihanna later on it's even gonna be like oh they have rihanna now but three Years ago they had that crap band no one's heard of they ain't gonna care it's not a damage your reputation so at
this point you can just get broke boys get broke boys offer them a commission deal to make just to to try and sell records so let's say we're selling a record for a pound let's say it's a 50 50 split 50 50. now you've got distribution channels how you going to sell the records where are You going to sell them apple music spotify whatever whatever you have to test the distribution channels test them out test out an independent distribution channel so let's say you do all the traditional distribution traditional stuff and let's say you want
to try and sell some stuff independently so let's say you start a website or you go on is my space still even a thing for music Yeah so there's a few other abstract view ways you can try and sell money you try and sell records let's say through their own website or through soundcloud through some of the other ones you can try some abstract uh methods now here's what i would do i'm running a record label i find broke boys broke boys agreed to go 50 50 split i promise to sell loads of records You
have to promise this is your job so i promise to sell [ __ ] hundred thousand records a month some [ __ ] i promise i'd lie this is what i do all the time no big deal hundred thousand a month easy easy easy i get them i put them across all the distribution channels i see how much how so many we sell if we don't sell any do you know whose fault it is the broke boy's fault i'll come back to him and go okay well yeah we have two of Your songs it's not
enough people don't know who you are we need to produce some content so to raise your profile i don't know if you guys have any videos of you performing live we need more music we can put out there and i will just continue to extract from the broke boys more videos more songs all for free all based on a commission deal and just put it out there speed just like we said in number one like i said i've never run a record live in my Life just come off the top of my head speed give
me more give me more give me more the more they produce the more they give you and the more you put out there it doesn't matter if you sell a little bit of each you're gonna start to make money look at what we do and what i do all my different businesses at this moment i run cobratech.com i have the war room which is a business in itself i have the webcam business i have two youtube Channels i have casinos and all i do because it's just just a speed scatter gun so in this kind
of particular if you're gonna do a record label you need to have as much as much as possible video and and music that you can that you can afford when i say afford a commission only deal just constantly constantly put out their speed on every single possible distribution channel that's what you need to do then what you do is When you have these boys everywhere broke boys the broke boy record ban you have them everywhere and you have tons of their stuff then you can approach someone who's not [ __ ] or a little bit
better so we have the less broke boys less broke all right here my terrible writing because i'm writing at an angle and when you go to let's broke boys you could say well look at the broke boys we've got them on spotify soundcloud They're on their own website selling they're here they're on itunes they're there look at this this is some videos that they're performing yeah we use these for promotion they're on this youtube channel they're on that youtube channel the less broke boys were like oh these guys they actually got them a lot of
promo what did you really do all you did was extract it from these guys now the less broke boys might want to work with you maybe you don't give them maybe There's a slightly better commission deal maybe they get 60 you get 40. take their [ __ ] before you know you're gonna have a catalog of stuff so people go who's this record label you go well bang and you type any of those bands in and they flood the internet with things now you're a real record label now now new bands up and coming bands
want to work with you just because they're my promo you've got you put them everywhere One of these up and coming bands might be the next big thing who knows all i've done in this business model i don't know anything about record labels all i've done is stick to my tenants of business one this is free this is free this is running a record label from your bedroom doing all this is some work on your computer putting them on itunes and Making a website whatever that's all [ __ ] free negotiate with the broke boys
you can do in a cost of coffee or a starbucks so that this is a free business i've just given you one it's free two we've prioritized money in the first thing i wrote is how do we make the money how do we make the money we sell records okay so we need this we need this we need this proton's making the money and The third thing i did was speed quickly get out get out get out tell the broke boys to make more tell the bright boys to start a daily vlog of them recording
a daily vlog of what it's like in the band start putting out on a youtube channel speed speed speed more more and more give me give me content content non-stop speed all i did was stick to my three basic business principles now imagine you try this for six months and it doesn't work Have you lost money no what did you lose you didn't have a big fancy office you didn't lose nothing what's the worst that can happen what's the worst that can happen nothing and that is the exact point i'm trying to teach here if
you stick to these three tenants in nearly any business you'll launch it for basically nothing and nothing can go wrong nothing can go wrong point four let me clear my board I'm gonna get some hot chick i'm gonna sit here and wipe the board factory message of female right now sorry bear with me let me uh get a member of staff right point four staff now this is gonna be a controversial one but bear with me if you're watching so far you should have learned a lot because we're just getting [ __ ] started we
Have a hundred business points to go through we're on number [ __ ] three number four family and friends are actually the best staff you can possibly get now people say don't mix friends with business don't mix family with business can you clean my board sit here and wipe it please don't mix friends the business get that [ __ ] off don't mix friends with Business don't mix family with business that's a lie so the reason people say this is because people are [ __ ] and they can't get along with anyone they're not they
can't get along with anybody long enough to make any money but i guarantee you have family members right this second who could make you money i guarantee you you have a 15 year old niece nephew cousin brother whoever Who knows more about computers than you do i guarantee there's a 15 year old out there with nothing better to do who knows more about photoshop than you do right now his stupid ass needs a job so you can start a company right now you can call up all your cousins one of my cousins works for me
my brother works with me when your cousins nieces nephews Whatever some 15 16 year old who's in school and bored and say we're starting a company i'm gonna make you a director you're gonna have ten percent of the business you're gonna do everything i say and by the time you're 20 you're gonna be rich not bad out of ten you're gonna be rich and he'll come start doing work for you now if you if he won't listen to you Well then i don't know if you can't tell a 15 year old to do then you're
a [ __ ] but me i always have people i can call on there must be younger people don't you don't need some old person you need young people and the reason for this is because young people have nothing to lose if you hire a 30 year old man he has to pay his rent he hasn't got time to waste he has rent to pay he has a car payment to pay whatever a 15 year old he has not that he only doesn't Play video games so the business fails who cares he has nothing to
lose so why don't you utilize him you must have friends or family members who are young enough in a position that they have time to waste don't hire people who can't afford to not pay their rent hire people who live for free if you have friends and they have a kid go to your friends and say your kid's 15 He's good with computers yeah i'm thinking of starting a company i'm thinking of letting him work with me for free at the beginning see if he's good news good i'll start paying him they'll love that they'll
love the idea of their son or daughter getting some enterprising work yeah good idea what's the business name bang there are free effectively free workers everywhere and if they're not free they're extremely cheap and they're everywhere you just Don't utilize them so now let's think of [ __ ] you own a website business i don't [ __ ] know website business let's say you don't know like you're me i don't know anything about building websites you want to start a website company it's oversaturated i wouldn't recommend it but let's say you start one you go
you find a 15 year old you tell his ass to learn how to make websites you convince Him it's a good idea and then you start taking money and you give them you give it to the 15 year old you're a middleman now 15 year old works for free you can do websites cheap now you can do websites for 300 bucks i'll do an entire website for 300 half now half when it's done people like 300 for a website yeah 150 bucks now after this done take 150 bucks give 50 bucks to the 15 year
old tell Him when he's done he gets another 50 bucks 100 bucks for him 200 bucks for you you ain't done [ __ ] boom wham bam done he can even start your company website for advertising to be getting for free bam you have free workers out there find young people because young people can afford to work for [ __ ] nothing you trying to find members of staff that have mortgages and [ __ ] pension plans that's expensive the best staff you can Find are young people and in most cases young people know more
than the old people anyway especially about technology and stuff young people are fantastic i love hiring 18 19 year old kids they know [ __ ] more than me about [ __ ] tick tock instagram all the blah blah all the [ __ ] that's big they know more than me i'm 33 i'm not even old these kids are sitting there going we need to do this and this and This i'm like go then they're like how i'm like how long is it going to take like a week i said no it's ready tomorrow tomorrow
show me it done don't piss me off go speed back to lesson one bang so you already have workers for your business you already have them you just don't [ __ ] use them because you're lazy so contact them right now let's get started i apologize for the change of face but Andrew has invited me here to talk about another very important point when it comes to making money which is work with family when possible that's why i'm here now it's very easy for people like me and andrew to tell you to work just with
family members because we're two brothers and we're exceptionally close but we actually learned this from other people me and andrew have always been best Friends but we used to fight and argue when we were growing up and when we were 16 17 we worked in completely different let's call it fields i mean we worked different jobs we weren't actively putting our resources together and trying to make money we had some friends who were pakistani guys from the united kingdom and they taught us a very important lesson one of our friends i won't say his name
but he had a ferrari and he used to Drive it around our hometown and we were very impressed and we said well you know how do you have this ferrari because he was only a lawyer a junior lawyer making maybe 50 000 pounds a year a good income but not a ferrari income and he told us he said you english people you white people actually he said mixed race have it all wrong i have six brothers and what me and my Brothers do is this one of us is a doctor one's a dentist one's a
lawyer one's an architect we're all in different fields what we do is we live in the same house our wives live with us our wives cook the meals and look after our children and we pull all of our money together that way we own the house instead of renting six other houses that's pretty clever what about the ferrari they said well a ferrari finance Payment is 2 000 pounds a month more than me on my own however i don't drive the car all the time so me and all of my brothers we bought these finance
agreements for the ferrari our range rover and our rolls royce and we all drive them whenever we want i thought wow that is smart that's a conversation that got me and andrew thinking at a very young age from that point on whenever we were Renting a small apartment we'd rent it together rather than pay two separate rents property prices in england were still too expensive for us to buy but uh when we worked together when we were looking at making money we thought how can we do this together and everything from there went into a
single pot up until this day we're multi-millionaires we share bank accounts i don't know what's in whose account under what name which house Which car is owned by who i mean i know on paper but it doesn't matter because everything is collectively owned now it doesn't matter so much me or andrew could go our separate ways buy our own family home and have three supercars each if we wanted to but we don't you see when we were much younger uh our first ever supercar was an aston martin vantage an old one cost us 65 000
pounds secondhand wasn't the most amazing car But we paid for it the both of us that way we had a supercar for both of us to use the money we saved we put into business the other activities we were doing and that helped us propel forward to the point we're at now so sure it'd be easy to divide resources and split now but why am i going to reach the next level faster if i do that no so now i live in a 7 bedroom house my Driveway is full it's got six cars on it
i actually need to extend it now because andrew won't stop buying cars but that's fine by me always work with family now my cousin from the united states is in a very lucky position he's now living here in bucharest he works with us and he essentially works with us forever as long as we're making money he's going to be here and he's part of The team when i first met him he was five years old i didn't see him again until he was 19. now when he was 19 he was smart he had it all
going on but he was a bit privileged his mother was a very well-to-do woman a best-selling author uh on the in the field of political science and a university professor and he was at university everything was getting paid for him i thought okay you know he's not from the same world as me But then things started going wrong for him he was uh sleeping on a floor delivering pizzas living the kind of life i remember so after two years of what i call the struggle i thought okay it's time to bring luke back in and
luke is now a member of our team as he is a member of our family now i understand not everybody has brothers not everybody has cousins you may be an only child you may be an orphan i don't know what you are But everyone's got those people those people that are so valuable to you that you wouldn't stab them in the back for a billion dollars and a thousand women those are the people you want to work with as long as you are sure that they share your sentiments those are the people you want to
team up with pool your resources live in the same house if you're broke if you're both working dead-end jobs Rent one room together if need be if you're good friends if you meet a woman tell them to take a walk for an hour and come back that is the one of the keys to my land your success lesson five command respect now what i want to do in the hundred points this hundred tenets of business is i don't to talk too much about the fluffy [ __ ] that all the other Millionaires talk about and
teach because what they're really doing is copping out so it's very easy for tai lopez who has no real business skill tai lopez doesn't know anything about business to say you get rich by reading books because it sounds easy then everyone goes oh really okay i'll read it sounds easy but it's not true and think positive you'll get rich That's not true either but some things are true and number five this is true command respect this is true so i'll give an example we're gonna go back to dan the t2 guy so i still talk
to dan sometimes now and he's a good guy he's got a good heart but he just loves drugs some people do one of the reasons i'm good at business is because i command respect And i command respect because i'm a physical specimen of a man this is the reality i'm a professional fighter so this helps me whether i'm running my webcam girls or whether i was pitching television advertising there's a level of respect humans have for other humans who are a physical specimen dan is a big black guy the way dan sold an act acted
and treated staff he could get away with That he couldn't get away if he was an obese white guy because there's something evolutionary about humans and if you're a person who's viewed as strong people respect you and people trust you if you want to run a business and you want people to spend money with you then one of the best things you can do is go to the gym tell you the truth get in [ __ ] physical shape And people will see okay well he's obviously not afraid of hard work he's obviously disciplined there's
some things that are spoken without being spoken there's a word for it that will come to me and having a physical presence is one of them it helps in business every possible way if i stand up when i used to stand up to sell tv advertising in front of people and say i guarantee you you spend 19 000 with me i guarantee you you spend 19 000 you get double back when they see your products on tv a product like this is gonna sell do you sell online yeah where else do you sell tesco sainsbury's
oh you're in the superstores as well you were gonna make twice your money back guaranteed if i say that as a big strong guy who they could tell obviously trained really hard was disciplined was was not afraid of hard work that was more valuable than if I was a fat piece of [ __ ] it's gonna work i'm like well what the [ __ ] do you know you see pizza you don't know anything go to the gym command a physical presence i'm not saying you have to beat anyone up i'm saying if you command
a physical presence your words have more weight and it helps in business across all things everything i know webcam girl is a very unusual Business and none of you have probably run webcam girls but i learned a whole bunch about business running my webcam girls in fact i approached my webcam girl business the same as i approached every other business with the same tenants i started it for cheap with a laptop i already had and the girlfriend they already had i found out how to get the money in before i find out how to produce
the videos i had people spent sending me money for these feature Length porn videos i couldn't even produce them i didn't have a [ __ ] camera money first all my same things speed quickly get everything produced quick quick quick i did all the same things with all my businesses but the reason i could have so many girls listen to me is because i'm me and i'm me because i'm big and strong i'm entertained so if you want to run your business do not neglect physical presence now you Can be successful without physical presence there's
a whole bunch of dorks who are successful but i'm talking about what i know about business and what i've learned this is the hustlers university and what i'm saying is it will help you even if you're bill gates and he was super successful and he's a dork he would have been more successful if he was a big strong dude it's never gonna detriment you to be bigger and stronger in life and whether it's in business and Every other aspect of life being bigger and stronger and commanding physical presence will always help you it shows discipline
it shows that you understand hard work and it makes your word more valuable and sometimes in business all you've really got is your word you have to promise people [ __ ] and they have to believe you so if you do that as a big strong dude people just believe you more this is just a harsh reality this is the Hustlers university i told you there's no nonsense there's no garbage if you want to run a company start going to the gym get big get strong it's going to help you make money sooner or later
i guarantee you it's going to help you make money this is point five don't neglect it because it's very very true even if it only helps you ten percent ten percent is a lot ten percent the business the ten percent is the difference between success and Failure ten percent is the difference between a little bit of money and a lot of money ten percent is a huge difference if you're if you're selling let's say you're selling a million dollars a product and you've got a 20 margin that's 200k if you had an extra 10 margin
because you're the big strong guy and you've got 300k bang that's an extra 100 grand a Year that's a [ __ ] 911 that's a porsche there's a big difference it's a big difference so do not neglect number five because it's real check the guns would you and here let me prove the point would you have bought this course you bought this course because i'm entertained you trust me you've obviously looked at me and you go you know what i've said about this guy he knows something i trust him would you Have still bought this
course if i was morbidly obese genuine question i know it's an extreme but it's a question if i was morbidly obese in my chair and very very fat i'm gonna teach you about business would you have bought the course or would you thought [ __ ] you fat [ __ ] you don't know nothing and if you're honest with yourself you think yeah you're probably right i wouldn't have bought from you if you're a beast So that's the extremes i'm a professional fighter obese these are extremes but the extremes prove the point the closer you
are to a good physical condition the more likely you are to be respected and the more likely you are to be able to say things and people believe you so get in physical shape that's point five commanding respect is always always gonna be able to help you throughout life especially in business