The Tai Lopez Show9 Nov 2019

How to Use Social Media for Income

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“When everything is unpredictable in your life, you’ll have no brain power left to innovate” - Tai Lopez

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Making money with social media is a lot more doable than most people think. It comes down to having a good understanding of human nature, understanding the technology, and then testing and iterating.

Today, we’re speaking with experts in all areas of branding, about the specific steps that are required to make money with social media. Whether you want to make money with your own social media accounts or by managing other people’s socials, this episode will show you the way forward.

One last note: We’re up on Spotify! Make sure to head over to Spotify and listen to The Tai Lopez Show over there!

“Be careful about making too much money too fast. You might not know how to handle it” - Tai Lopez

(click to tweet)

Points to Keep In Mind

If you want to make money with anything in your life, you need to become a master of systems
When everything is unpredictable in your life, you’ll have no brain power left to innovate
To make money with social media, start by selling other people’s products
Do collaborations with other influencers to get started building your social media
Vlogging is the future on all social media platforms. Tell your story
Smart work always beats hard work. But do both
Part of execution is strategy
When something is good enough, launch it. Then, innovate and improve as you go
If you don’t launch with errors, you waited too long
Spend 70% of your time on stuff that works now, 20% on things that you’re pretty sure will work but you’ve never done, and 10% on hair-brained, crazy ideas
Never be the first, or last, to an idea
Be careful about making too much money too fast. You might not know how to handle it

See omnystudio.com/listener for privacy information.

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