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The Tai Lopez Show

#702 - How to Spend Your First $1 Million

The Tai Lopez Show

Tai Lopez

Business

4.8 β€’ 6.9K Ratings

πŸ—“οΈ 15 April 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

πŸ“² Text or WhatsApp: +1 (786) 730-8374 Just send the phrase “$1 million profit” and a short background.

πŸ’Έ What should you really do with your first $1 million in profit?

Tai Lopez breaks down the exact 60/30/10 strategy that changed his life—how to reinvest in farmland, go offshore, and double down on what’s already working. Whether you’ve hit your first big win or are planning ahead, this video shows how to keep and grow your money in a smart, sustainable way.

πŸ‘‡ Want personalized advice from Tai? πŸ“² Text or WhatsApp: +1 (786) 730-8374 Just send the phrase “$1 million profit” and a short background.

πŸš€ Download the Tai Lopez app available on iOS and Android.
πŸ“² Join the Making Money Tribe after download.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

What to do with your first one million profit?

0:03.0

You making money online?

0:04.0

You gotta know what to do once you make profit.

0:07.0

I remember making my first million in profit and being like,

0:10.0

whoa, first of all, taxes.

0:12.0

That all surprised you.

0:14.0

You ain't making money until you send the IRS a big check.

0:18.0

For those you're not American,

0:20.0

may that never happen to you.

0:21.9

But anyway, there's just three things that I would do.

0:26.0

Big picture, and I'll show you with a pie chart, how to allocate it.

0:29.6

For me, farms, number two, offshore.

0:38.3

Number two, offshore. Number three, whatever's working.

0:43.3

So let me explain.

0:46.3

I call this the 60, 30, 10, three buckets.

0:51.3

This is mine, you can replace yours yours so I'm gonna put a small

0:56.6

sliver into one thing that's 10% I'm gonna put a slightly larger amount 30% and

1:05.1

then this is my 60% so you make your first million profit after you pay taxes, depending on what country you're in.

1:14.3

For me, I'm going to put 30% of it into farmland. You might say why farms? Well, what are the richest

1:22.6

people in the world doing right now? There's a lesson there. Bill Gates owns like 0.01% of all the farmland in the

1:28.8

United States. Jeff Bezos, though, has been trying to catch him. I heard Jeff Bezos has passed

1:34.9

him by buying it in secret trusts, has over a million acres of farmland. Farmland going to be

...

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