Step 3: Sam Walton’s Night in a Brazilian Jail, Stealing from McDonald’s, and Michael Jordan’s Humility

The Big Idea: the most successful men are usually the most humble. They read and study constantly because they know there is much they do not know.

• I’ve never met a player listen so closely and then go and do something like Michael Jordan. —Dean Smith
• Michael Jordan was cocky but immensely coachable.
• Sam Walton spent incredible amounts of time in his competitors stores => humility.
• The humble man reads more books because he understands there is more to learn.
• Sam Walton got arrested for crawling on the floors of Brazilian stores trying to learn new things.
• Sam Walton tried to learn something from everyone.
• Good artists copy. Great artists steal.—Picasso
• My greatest skill was being teachable. —Michael Jordan
• Everyone wants the good life, but not everyone is humble enough to get the good life.
• Jeff Bezos was obsessed with Sam Walton.
• Jeff Bezos carries a notebook everywhere he went.
• When you meet with people, how many pages of notes do you take.
• Warren Buffett started at 7 reading every book on finance in every library in Omaha.
• Every great man in history had a mentor.
• Read books, have mentors, study competitors, spend money on learning.
• Your time on earth is finite, time is the most precious resource so guard it carefully.
• Read the same great books over and over and over.
• Bezos practically memorized Sam Walton’s book Made in America.
• Bezos walked around with a notebook and learned constantly.
• Fear and childhood trauma can prevent authentic humility.

Tai Lopez is an entrepreneur, investor, and blogger who runs an awesome online book club. 67 Steps is a lecture series teaching how to be successful in health, wealth, love, and happiness.  I’m a big fan.