Newsletter Subject
Why You Should Put All Your Eggs In One Basket
From
tailopez.com
Email Address
tai@tailopez.com
Sent On
Tue, Jan 16, 2018 09:03 AM
Email Preheader Text
Here's an important lesson you have to learn: don't let other people manage your stuff too much. Esp
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Here's an important lesson you have to learn: don't let other people manage your stuff too much.
Especially with marketing with your business... everybody wants to delegate, that's fine.
You've got to supervise.
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Shearing Sheep In New Zealand
While I was traveling around the world to find mentors, I ran out of money in New Zealand. I spent all the profit I had made from my first business (which was about $12,000). I used it all up and couldn't buy a ticket back home, so I had to start shearing sheep, doing manual labor.
Here I am out of money, I'm shearing sheep, probably one of the hardest jobs I've ever done in manual labor, and I have this equipment for shearing. We were taught you've got to keep the blade sharp, so that you don't cut the sheep when you're shearing the wool off of them.
And this guy turns to me and all the people he was teaching in the training class, and he goes, "Don't ever lend out your shearing equipment." Someone asked why and he replied: “What happens if you lend out your girlfriend for a year? You’ll probably get cheated on. The things that are important to you, keep close to you."
How That Applies To Business
But people nowadays in business go, "Oh, I hired somebody, they're just going to run my business and I'll go on vacation for a year."
If you do that and you come back, your business will be in ruins.
I like what Warren Buffett says, "Put all your eggs in one basket, and then watch that basket."
He's not literally saying don't diversify, he's saying pay attention to what you're doing. No one cares about your business or your life as much as you do. You and you alone.
If you've got a girlfriend or a boyfriend and you say, "Go hang out with my friends for a year, go party with them," you're gonna have a sad, sad story at the end of that one year.
Keep what's important close to you. You can delegate, but you have delegate and also supervise.
I open up my circle of supervision after a while, but you still watch and you will have to do that until the day you die.
All this stuff about having a fully automated income... I have automated income, but if I don't watch it, it goes down.
There's no such thing as an automaton.
An automaton is basically this perpetual motion machine that humans have been trying for hundreds of years to figure out and nobody has, because it goes against the laws of thermodynamics and one of the laws of physics in the universe, which is entropy.
Entropy means over time, things decay. You leave this house, you don't paint it, you don't seal it, the deck out there, that wood is gonna decay, it's a law of the universe. Unless you're God with a capital G, you will not change the laws of the universe.
And those laws apply to your body. If you don't work out...
I've seen it with my body since I've been traveling recently. I looked in the mirror and used a tape measure... Waist size goes up, muscle mass goes down and then when I do the DEXA X-Ray scan of my body, guess what the results would be?
When you pay attention to your body, it improves, when you don't, it rots and decays.
For business in 2017, I took a lot more time off from my business and guess what?
I'm coming back in being like, this has gone all helter-skelter, things are bizarre.
Pay attention, watch the basket, or else your basket will be poached by other foxes or it will accidentally be dropped.
You will not ever create a perpetual money-making machine. You can automate things, let me be clear on that. There is such a thing as automation, but it's a misconception that automatic means guaranteed.
It's a common misconception that automatic means no energy involved. But still for example, if you have a car that's automatic and you press the gas it automatically goes. It's a machine, but yet, if you don't put in the maintenance or if a light comes on and you don't pay attention to it, you will regret it one day.
I saw a video of a dude in a Lamborghini in San Diego, drove his Lamborghini 180 miles an hour with a girl, I think it was a Roadster Aventador, which means it's a convertible- it spun out of control, hit a palm tree, both of them were instantly ejected. I guess they didn't have seatbelts on and they instantly died. That's kind of a metaphor for a lot of things.
You can have the automatic machine, that's the Lamborghini, but you better pay attention (one thing is put the seatbelt on and don't go 200 mph in side streets).
Some of you are thinking to yourself, "I've made that mistake."
Remember what the sheep shearer says, don't just be like, "Here's a list of my most important things, I'm going to entrust somebody to do it for me."
Even with your friends or your family. They don't care as much as you care about what you're doing.
Stay Strong,
Tai
P.S. My [Bitcoin Crypto Mastermind]( is available now for only a limited time. I don't want too many people in this exclusive group because I'm sharing my crypto millionaire friends' secrets on how they were able to make a fortune off of bitcoin and other cryptocurrencies.
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