Why I Used To Be Poor? Misunderstanding of Risk, Volatility, & Return

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  • เผยแพร่เมื่อ 7 ต.ค. 2024

ความคิดเห็น • 211

  • @LadyWithAKnife
    @LadyWithAKnife 2 ปีที่แล้ว +121

    "I was good in school. I had a good job. I just wanted to do something else because I was miserable." That resonated with me so much

    • @Babyak713
      @Babyak713 ปีที่แล้ว +1

      How many people you scam like this serrr

  • @mynorportillo5941
    @mynorportillo5941 3 ปีที่แล้ว +179

    The amount of value from these videos is absurd, ridiculous, and remarkable!!
    I’m grateful for your insights.

    • @matthewlanders9644
      @matthewlanders9644 3 ปีที่แล้ว

      totally agree. glad i found this dude.

    • @KevinJoy7
      @KevinJoy7 2 ปีที่แล้ว

      the size of his arms are absurd

    • @francisjtuk
      @francisjtuk 2 ปีที่แล้ว

      @@KevinJoy7 I thought the same thing but I think that's the wide angle lens distortion at the edge of the screen. His guns are big but at the beginning of this video they looked larger than Mr Olympia's. It's an optical effect known as spherical distortion.

  • @thepassionatefew
    @thepassionatefew 3 ปีที่แล้ว +33

    Great video Alex

  • @pranjalsisodia5003
    @pranjalsisodia5003 ปีที่แล้ว +11

    3:22 Sales in one of the things which is volatile but not risky.
    3:30 The most important people in a company are the ones who bring in the money. The closer you are to any acquisition channel, the more secure & imp you are. Ex - HR, Legal, Finance are all far away from the acq. channel, so they are not so imp.
    5:29 Wealth is a ratio. Inflow/outflow.
    10:00 Acquision channel, get closer to an acquision channel, build a team for that channel & become a rainmaker. They are paid the most in any business. + they have wayyyyy less risk.
    15:51 Tracking every day, excel, tracking helps you see where things are going wrong.

    • @thalessilva1
      @thalessilva1 ปีที่แล้ว

      Great notes, thank you

  • @respectkev5136
    @respectkev5136 3 ปีที่แล้ว +23

    13:00 has the most important message of the whole video for me. Telling the story how it is; he went to school, had a great job, but he wanted something different. Everyone else is selling other story, the ¨school was not for me, si I became an entrepreneur¨ story

  • @andrewmamikins693
    @andrewmamikins693 3 ปีที่แล้ว +101

    The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy

    • @henryclinton9317
      @henryclinton9317 3 ปีที่แล้ว +2

      you are definitely right , waiting on the government is a big waste

    • @andrewmamikins693
      @andrewmamikins693 3 ปีที่แล้ว +2

      Investments are the stepping Stones to success especially if you been guided by a professional

    • @lucythompson5841
      @lucythompson5841 3 ปีที่แล้ว

      Investing is good but investing in the right thing is the actual key to success . who is your pro ?

    • @andrewmamikins693
      @andrewmamikins693 3 ปีที่แล้ว

      @@lucythompson5841 That was exactly what I did, I trade with a professional stock expert "Tamara Diane Hagan " who i met in one of the seminars..

    • @jamesmaduabuchi6100
      @jamesmaduabuchi6100 3 ปีที่แล้ว

      have you made any profit working with this pro ?

  • @nicholashunt6261
    @nicholashunt6261 3 ปีที่แล้ว +52

    "and I have nothing to sell you"
    The best hook

    • @oflameo8927
      @oflameo8927 3 ปีที่แล้ว +1

      Not it isn't.

    • @BrandonDeon
      @BrandonDeon 3 ปีที่แล้ว

      You sound like someone that isn't willing to invest in yourself. There are much better hooks than that

    • @nicholashunt6261
      @nicholashunt6261 3 ปีที่แล้ว +1

      @@BrandonDeon i was speaking about specifically educational videos in the youtube business space. i was simply comment on hormozi's altruistic intentions lol

  • @johndoeee888
    @johndoeee888 3 ปีที่แล้ว +44

    awesome video! I have 5 streams of income. People always try to talk to me and say im doing to much. I tell them im not doing enough. I'm trying to create generation wealth. thinking for my kids and kids kids. I broke my families curse and becoming the first in my family to be wealthy.

    • @DAMfoxygrampa
      @DAMfoxygrampa ปีที่แล้ว

      Tips ? Haha

    • @TwinsAndAPitBull
      @TwinsAndAPitBull ปีที่แล้ว +1

      Keep up the great work man! The only time I think I'm doing too much is when I focus on too many different things rather than killing it at one thing while still having the other streams of income.

    • @jaynecuckney406
      @jaynecuckney406 ปีที่แล้ว

      Keep rising above !

    • @Brendabuildswealth
      @Brendabuildswealth ปีที่แล้ว

      This is so amazing. Congratulations!

  • @eric_martindale1711
    @eric_martindale1711 3 ปีที่แล้ว +8

    Volatility vs Risk. Brilliant. I’ve been in business for a while, and that is not a distinction I have made. Very nicely done.

  • @picadosinferno
    @picadosinferno 3 ปีที่แล้ว +32

    This is true, I 10x my net worth in 2 years only because I was tracking it. It's just insane how useful it is.

    • @RoyAntonyME
      @RoyAntonyME 3 ปีที่แล้ว

      Where did you invest or via businesses.

    • @ladybird491
      @ladybird491 3 ปีที่แล้ว

      Okay but say how to other people, some of your steps otherwise it sounds like just bragging.

    • @picadosinferno
      @picadosinferno 3 ปีที่แล้ว +3

      Just invested in some real state which I'm renting, stocks and cryptos

    • @thalessilva1
      @thalessilva1 ปีที่แล้ว

      @@picadosinferno tá aí né BR 😂😂 pica dos infernos?kkkkk essa foi boa

  • @melindajonathan8535
    @melindajonathan8535 3 ปีที่แล้ว +59

    thank you Alex risk is a key factory when it gets to financial independence thank you for making us understand this. the risk that made me who i am today in working with an European contract trader pavil Conrad it definitely paid after numerous failures but also risk wisely don’t know who need to hear this

    • @alexislucas3461
      @alexislucas3461 3 ปีที่แล้ว +1

      this pavil what does he really do and all people say about him is it true ?

    • @blakealik8819
      @blakealik8819 3 ปีที่แล้ว +2

      good video Alex

    • @beckymilton2029
      @beckymilton2029 3 ปีที่แล้ว +2

      i was surprised to see pavil Conrad being mentioned here makes me so happy i also work with pavil have you started receiving your weekly bonus aside profit ?

    • @ryanongley6895
      @ryanongley6895 3 ปีที่แล้ว

      Please can i get the contact of pavil conrad have seen his review on two financial podcast but i was not ready to work with him then ?

    • @mardywilly6135
      @mardywilly6135 3 ปีที่แล้ว +1

      important video Alex please keep this fire burning

  • @MJY3692
    @MJY3692 3 ปีที่แล้ว +9

    The closer you tie yourself to an acquisition channel the more valuable you are because your helping close the deal - alex

  • @oscsavage6325
    @oscsavage6325 3 ปีที่แล้ว +39

    I know for sure Alex is bound to hit 1M+ Subs on TH-cam soon, even though he has just gotten started. I've been studying and observing you for a few days only so my perspective may be skewed. But I'd say it'd definitely take under 3 years for these numbers to happen. I'm here for the journey Sir! Let's continue to grow together

    • @TradingWithHunter
      @TradingWithHunter 2 ปีที่แล้ว

      what was his subs 7 months ago?

    • @korianabrooks4241
      @korianabrooks4241 2 ปีที่แล้ว +1

      @@TradingWithHunter I subbed in Oct 2021 and almost sure it was around 100k less because I remember being surprised at the low number for such a valuable content. I think it was about 170k.

    • @PapOwnYou
      @PapOwnYou 2 ปีที่แล้ว

      @@korianabrooks4241 im still surprised he only tripled in 8 months :/ ... he could be at 1M right now ahah
      Maybe he's not clickbaiting enough for the algorithm

    • @crazy-maxedout8512
      @crazy-maxedout8512 ปีที่แล้ว +3

      This aged well

    • @rasheemthebestfirstone3274
      @rasheemthebestfirstone3274 ปีที่แล้ว +1

      He just did

  • @juliendemaret
    @juliendemaret 2 ปีที่แล้ว +4

    "I'll probably put a disclaimer in the description. Life is risky, no one comes out alive. "
    That's the best disclaimer I've ever heard.
    Thank you for sharing your knowledge. I like your style.

  • @YakMotley
    @YakMotley 3 ปีที่แล้ว +6

    Awesome video man!

  • @_realsavyinvestor
    @_realsavyinvestor 2 ปีที่แล้ว +4

    I'm by no means near your wealth atmosphere currently
    however you've said two things I've always said to friends and family.
    Very reassuring

  • @jvitela
    @jvitela 3 ปีที่แล้ว +7

    Brilliantly simple advice. Fresh wisdom from beginning to end. Love the Warren Buffett references.

  • @insightinspiration9922
    @insightinspiration9922 3 ปีที่แล้ว +2

    Beware of lifestyle inflation... been there and it is not worth it. The excitement you get from buying expensive jewelry or have fancy dinners is temporal, while knowing that you build your wealth through stocks, real estate, or just through saving up cash is so much more satisfying. There is a phrase from Robert Kiyosaki about life style inflation that had put me back on track “looking good but going nowhere”. My father has always been a great inspiration, too. He always has been careful with consumption while he lavishly spent money on assets like real estate. I’m glad to have people in my life who show me the way to abundance. Alex, even though only virtually, is one of them who had taught me already so many lessons in the year I’m watching.

  • @AJMoore4444
    @AJMoore4444 3 ปีที่แล้ว +6

    Alex is a great teacher and is also entertaining I will watch any video he puts out to learn as much as I can.

  • @johan1471
    @johan1471 3 ปีที่แล้ว +16

    "Life is risky no ones come out alive" 😂😂😂 you cracked me up dude

    • @balboa-capital
      @balboa-capital 3 ปีที่แล้ว

      That's a classic Jim Rohn line; but even he borrowed it from Zig Zigler I think

  • @gavinadkins8386
    @gavinadkins8386 3 ปีที่แล้ว +3

    Amazing video Alex thank you for the valuable nuggets of info!

  • @ArlinMoore
    @ArlinMoore 3 ปีที่แล้ว +6

    amazing

  • @ianhorowitz5311
    @ianhorowitz5311 3 ปีที่แล้ว +2

    "....and I have nothing to sell you..." I am so happy I found this page!

  • @s0phic
    @s0phic 3 ปีที่แล้ว +2

    I applaud your honesty. This is my favourite entrepreneur and economic channel on TH-cam. Keep on keeping on! 👍

  • @FiftyWalrus
    @FiftyWalrus 3 ปีที่แล้ว +2

    These videos are really great! Really appreciate you sharing your knowledge!

  • @nathantaib-ondemandpix972
    @nathantaib-ondemandpix972 3 ปีที่แล้ว +8

    Your videos are both inspiring and depressing for me. I'm almost 34, have been in sales my whole life, now I'm a realtor. Only in my best years have I made 50k a year. I'm so tired of being broke. I'm not dumb, I hear people tell me that I'm brilliant and will be a millionaire one day, but I don't get what it is I am missing. I love hearing that you've made millions and you make it look so easy. I look at myself at it's sad I've never amounted to anywhere near that. Almost everyone I interact with at work makes 6+ figures per year and I'm over here barely making 30 right now. Lately I've been hesitant to try and find business by cold calling and running ads, it feels like most days it's a waste of time and money. My bills are low and nearly minimal, and I've been budgeting money as it comes in to try and be smart about it. Wtf am I missing? 😞😞😞

    • @matthewmoseslee
      @matthewmoseslee 3 ปีที่แล้ว +1

      I would find another Agent in Office that is making what you want to make...
      Measure yourself & Biz against their Biz to assess where you are suffering most...be honest about where you are 'really' at w your skills vs other Agent...
      Then ask them for help...'If you were me what would you do?'
      Most newer agents struggle bc they work w bad clients...;

    • @nathantaib-ondemandpix972
      @nathantaib-ondemandpix972 3 ปีที่แล้ว

      @@matthewmoseslee so I actually am doing this, I've done this at both offices I've been at. As of now, I'm taking one agent's advice of starting with lease leads, that will eventually turn into buyers in the next year or two. But I kind of hate it. So many of them have bad credit scores and are nearly impossible to work with due to their income or credit or background. Despite my office being in an expensive area, I'm still able to gather up high quality clients. I have worked with a lot of pleasant clients in the past, and some of them have sent me referrals. Most of which are at a completely different price point than the other agent's clients. I've helped a few dozen people in the 100-250k range, but around my office those houses are in the 600k-millions range. I did get my first million dollar listing a few months ago, and the guy was a dick. He refused to sell less than 1M, even though his house wasn't worth that much. I worked my ass off, even cleaned his entire house on mother's day so I could get it ready to photograph. I had all 4 of my wisdom teeth removed the next day, and I still went to his house the day after to film and photograph it myself. A month later, he dropped me (and didn't even tell me directly) and listed with the top agent in our company, who copied every single thing I did when I listed it. The video they made looks exactly like mine. The photos they took are almost identical, I had to do a double take. I also spent over $1000 of my money marketing this and running ads. The agent that's been helping me out gave me advice on what to do and I followed it to a T and still ended up losing to the top agent. I know all clients arent like this, but I'm not a bad or lazy agent. I work my ass off and go above and beyond and I'm broke. It sucks 😞

    • @matthewmoseslee
      @matthewmoseslee 3 ปีที่แล้ว +1

      @@nathantaib-ondemandpix972 sounds like you don't see the real reason why you lost the deal to the other agent...
      I'd ask that Agent, 'I would love some advice, you can be brutally honest...Why do you think I failed to sell the property and you were able to sell the property?'
      There are clearly differences you can't see, they may be so subtle...honestly we human can be the best liars when we want to be...
      Your ability to find the subtle distinctions of what you are doing wrong and how to correct is the big difference between where you are now, and where you want to be...
      There are so many other ideas, its hard to diagnose your problems in a YT comment section...
      Just believe there is a correct answer to your problems, you just don't know the answer...failure is just a form of feedback, but you must look at the feedback, and not get upset and create a story around how hard you worked, and all the irrelevant circumstances surrounding your failed Million Dollar Listing...the relevant fact is the other agent in your office did most the same things got it sold...its the subtle things he did(that you are not even 'aware' of) different that the only relevant facts you need to find out...

    • @matthewmoseslee
      @matthewmoseslee 3 ปีที่แล้ว +2

      @@nathantaib-ondemandpix972 you have the start, recognizing you have a problem, working hard, but this is one of the places a coach is so valuable, because they point out the subtle distinctions that relevant to help you get the results you lack...
      One valuable piece of advice...is get rid of the story you have about how hard you work, and how long you've been doing sales...these don't matter, what matters is taking the right knowledge, skills, and confidence...putting it in action...
      I would go to my broker have them give me an assessment on what I'm lacking...if you had the same knowledge, skills, and confidence as the top producers you wouldn't be stuck making $30k...
      Best of Luck...hope you can swallow that advice...it can be uncomfortable to confront the truth

    • @TPPG_
      @TPPG_ 2 ปีที่แล้ว

      Pay 3k 5k for someone who is 10 15 years ahead of you in success in the real estate industry and ask them to mentor you show u what ur missing some times it takes some one from the outside looking In to find the missing link and that could be the game changer budd good luck to you im 33 I'm new to real estate investing I'm looking to shadow and work for rei individuals in exchange for learning and being trained while I haven't gotten many offers I keep at it never give up never good luck brother

  • @WideAwakeHuman
    @WideAwakeHuman 3 ปีที่แล้ว +2

    "Don't take money advice from people who make way less money than you"... Very simple yet very hard to grasp connector concept for most people. No one is taking diet/health advice from their 350lb diabetic aunt.

  • @martinmenesestv
    @martinmenesestv ปีที่แล้ว

    Definitely track don't slack is a game changer, I have all of my stuff in one excel doc and it's great to know how I'm doing to motivate me and avoid bad decisions

  • @markszabo1332
    @markszabo1332 3 ปีที่แล้ว +2

    Hey Alex!
    Im new to the channel and I wanted to say hi.
    The content is good..it is sound and down to earth.
    Thank you for sharing your knowledge.

  • @NetanelColish
    @NetanelColish 2 ปีที่แล้ว +1

    tysm!

  • @GoZipper
    @GoZipper 3 ปีที่แล้ว +3

    Student loans are basically indentured servitude.

  • @cameronword
    @cameronword 3 ปีที่แล้ว +5

    Yes!!!! Now that you've said it, it makes so much sense!!! I've always understood the volatility v. risk concept intuitively, but it wasn't until you put it into words that I had the aha moment.
    "THIS! This is what Ive been trying to explain to my parents!" I scream into my computer screen at midnight.

  • @jakegoss7290
    @jakegoss7290 3 ปีที่แล้ว

    Doller cost average more if risk is low, dca less if risk is high. DCA over time regardless.
    I doller cost average OUT if risky, and DCA in if less risky.

  • @cyclebreakers2577
    @cyclebreakers2577 3 ปีที่แล้ว +3

    Awesome video! Love the free value you're sharing here ! Keep it up!

  • @AJMoore4444
    @AJMoore4444 3 ปีที่แล้ว +10

    i love the intros always have "I have nothing to sell you" XD cracks me up.

  • @chrismahadeo2361
    @chrismahadeo2361 3 ปีที่แล้ว +2

    Such a valuable video thank you for sharing and being an inspiring human being

  • @costafilh0
    @costafilh0 2 ปีที่แล้ว +1

    Don't try to time the market. But if you can just buy more when in big corrections. It will make a huge difference on the long run!

  • @NolenFelten
    @NolenFelten 25 วันที่ผ่านมา

    "Don't listen to people who make less money than you" - I got to disagree with Alex and others that say this because I have gotten wisdom from unlikely places. I love everything else.

  • @ToolWrangler
    @ToolWrangler 2 ปีที่แล้ว +1

    Great content Alex. Hit on all the points.

  • @domingorangeljr
    @domingorangeljr 2 ปีที่แล้ว +1

    ALEX! Love the content. Would you consider making a video explaining money/wealth in a way that a teen would understand? My son just got his first job and my wife and I are trying to teach him about money management. Thanks for the awesome content!

  • @Ren-hd8di
    @Ren-hd8di 3 ปีที่แล้ว +2

    Are you guys hiring sales people? Lol. I’ve been in door to door sales for 3 years and been living off of straight commissions. I’ve cleared about $100,000 a year since I was 19. I’m 22 now. Dropped out of college to pursue sales. I’ve been looking for better opportunities.
    Been watching a bunch of your videos and realized that I spend too much money and I could’ve been in a way better position if I just lived a more simple life haha. I have a lot of experience generating sales from the doors which I think is one of the hardest things to do haha. Let me know!

  • @theoneeyedshaman6884
    @theoneeyedshaman6884 3 ปีที่แล้ว +1

    Your channel is a gift my brother. Hidden gem for sure!

  • @screendrem
    @screendrem 3 ปีที่แล้ว +1

    Righteous. That which gets measured gets managed. Need a reminder from time to time. Thanks!

  • @GRUBB-MUDD
    @GRUBB-MUDD 3 ปีที่แล้ว

    Grant says listen to billion dollar companies not individuals (he used to, but nat anymore) but what do I know

  • @junky802
    @junky802 11 หลายเดือนก่อน

    Based banking options

  • @nicholasdillaha6353
    @nicholasdillaha6353 3 ปีที่แล้ว +3

    Freaking love this guy.

  • @sayfami3927
    @sayfami3927 3 ปีที่แล้ว +1

    great stuff thanks 👈🏾💯

  • @DanielSquires
    @DanielSquires 2 ปีที่แล้ว +1

    *Wealth is a RATIO not a number* 💎

  • @nevencuk
    @nevencuk 3 ปีที่แล้ว +1

    Alex, when you say decrease your expenses do you also mean to get out of mastermind groups? Do you participate in some of them? Do you find them valuable?

  • @Photomonon
    @Photomonon 3 ปีที่แล้ว

    Easily one of, if not the, most valuable channel on the entire platform right now... Much obliged, Alex Hormozi!

  • @Jonerod
    @Jonerod 2 ปีที่แล้ว +2

    I’ve been tracking for 2 years now guys. Sometimes you just gotta make more no matter how on top of it you are. Keep working hard and finding better opportunities!

  • @yakokillc3197
    @yakokillc3197 3 ปีที่แล้ว +1

    “Words matter!” Truly explain things to yourself! If you don’t then you still don’t get it…

  • @VoluntaryLiving
    @VoluntaryLiving 2 ปีที่แล้ว

    1:48 exactly.

  • @kendramaya
    @kendramaya ปีที่แล้ว

    Amazing. Exactly the information I needed to better structure my personal financial goals, and beyond to increase income and impact (by figuring out more ways to add value and building a team). Thanks!😀

  • @richardoxford2523
    @richardoxford2523 3 ปีที่แล้ว +2

    So, like so many other's have already stated... Great video, Alex! Aside from the obvious value your pouring out to the general public, what I truly find admirable about what I've seen from you is your genuine nature. You strike me as a pretty solid dude. That's commendable. The value to that, in and of itself, far outreaches all the other attributes here -- Probably combined.
    I'll extend to you what a dear friend once told me -- "We're a dying breed."
    Blessings to you and your wife, my friend.
    May life keep rewarding all your generous efforts greatly.

  • @costafilh0
    @costafilh0 2 ปีที่แล้ว +1

    Life is risky! No one comes out alive!
    Best advice EVER!

  • @tbmctbmc5628
    @tbmctbmc5628 2 ปีที่แล้ว +1

    As soon as he said don't listen to millionaires only listen to billionaire I started turning the video off. Lmao.

  • @Otot_B
    @Otot_B 3 ปีที่แล้ว +2

    100% when you talk about how consistently tracking net worth helps give you a good understanding on the flow of money. awesome channel keep it real! :)

  • @arianova11
    @arianova11 2 ปีที่แล้ว

    Thank you for another great informative video!

  • @armanngu
    @armanngu 3 ปีที่แล้ว +2

    People need to stop going to college and start watching this man's videos, like if you agree

  • @sandinocastillo1900
    @sandinocastillo1900 3 ปีที่แล้ว

    Thanks for sharing Alex! Best business channel

  • @lentilreflection2676
    @lentilreflection2676 3 ปีที่แล้ว +1

    This is the 4th Alex video I've smashed the like button. Thanks!

  • @magnesiumiia4624
    @magnesiumiia4624 3 ปีที่แล้ว +2

    Making a commitment to minimum $500/month in the S&P 500 starting this month.

  • @MagnumEDU
    @MagnumEDU 3 ปีที่แล้ว +2

    Your the Gold Standard my guy!! Thank you Alex

  • @Cityofwind.
    @Cityofwind. 2 ปีที่แล้ว

    10/10 advice but I have to tell you bro that spirit airline tip was awful.. it is dangerous to fly and they upcharge you like crazy when you get there so it equals out

  • @BrianDoolittleAustin
    @BrianDoolittleAustin 3 ปีที่แล้ว

    Dude this is 🔥 thanks. I feel like at the end of this video you should break something!

  • @Matheus-yb2mr
    @Matheus-yb2mr 3 ปีที่แล้ว +1

    Anyone know any good finance tracking app?

  • @nathanbilly7302
    @nathanbilly7302 3 ปีที่แล้ว

    Crazy eye opening examples

  • @Monas99
    @Monas99 ปีที่แล้ว

    Wow, Alex, you had me at " I just want to become the best human I can possible be." I have a new respect for you, so thank you for sharing your experience and wisdom with the world. I'm very grateful for all the amazing work you're doing.

  • @taz3567
    @taz3567 3 ปีที่แล้ว

    What system or template do you use to track your wealth?

  • @savasanaepsom7268
    @savasanaepsom7268 3 ปีที่แล้ว

    that is nice paper, where can we buy this presentation paper?

  • @formatagfys1903
    @formatagfys1903 3 ปีที่แล้ว +1

    But how about taxes?
    U say 40k 100k but the taxes is a killer in those things and will eat a lot of those $$$ in general

  • @serialmigrant
    @serialmigrant ปีที่แล้ว

    I almost making piece with my W2 job that's high paying.

  • @MobileShots
    @MobileShots ปีที่แล้ว

    What is the point of having m/billions when you're on your 60s?

  • @unknowndriver6652
    @unknowndriver6652 3 ปีที่แล้ว +1

    I dont get this guys story how did he become millioner?

  • @glennyaney9534
    @glennyaney9534 3 ปีที่แล้ว

    "No one comes out alive"
    Great video.
    The Hedonic Treadmill is real

  • @Drjakeylareed
    @Drjakeylareed 10 หลายเดือนก่อน

    So true I look at my bank account everyday

  • @alejandrohpcb
    @alejandrohpcb 3 ปีที่แล้ว

    Great video ! Please keep droppping the gemss

  • @RobertBilling
    @RobertBilling 3 ปีที่แล้ว

    Good stuff!

  • @eugene7462
    @eugene7462 3 ปีที่แล้ว

    This really changed my mind, really valuable content

  • @mrjeff9169
    @mrjeff9169 2 ปีที่แล้ว

    Thanks Alex!!!

  • @robroy289
    @robroy289 3 ปีที่แล้ว +1

    Great recommendations to embrace, especially when you're younger and trying to figure out how life works. Wish I had seen this when I was in my 20s.

  • @neelrao7188
    @neelrao7188 ปีที่แล้ว

    200K Sales person have to pay the Tax on his income, right? But small business owner who is generating 200K revenue can show xyz expenses and reduce the Tax. What do you think Alex?

  • @myyntisuurvisiiri
    @myyntisuurvisiiri 3 ปีที่แล้ว +1

    "I hope you find this valuable?" I did, thanks!

  • @julianbryant8230
    @julianbryant8230 3 ปีที่แล้ว +1

    Favorite TH-cam channel by far

  • @nicolasgramnea1324
    @nicolasgramnea1324 3 ปีที่แล้ว

    Thank you.

  • @fiftyfiftyone
    @fiftyfiftyone 2 ปีที่แล้ว

    Sick traps bro

  • @HeroicHuggins
    @HeroicHuggins 3 ปีที่แล้ว

    My man great video!!!

  • @Backlashed
    @Backlashed 3 ปีที่แล้ว

    17:00 "save off of living off your salary" I'm not sure exactly what this means.

  • @kevinestrada7127
    @kevinestrada7127 ปีที่แล้ว

    "Life is risky. No body comes out it alive" by Alex Hormozi

  • @lewisurfer
    @lewisurfer 3 ปีที่แล้ว

    incredible value in all your videos thank you!

  • @ahinojosa007
    @ahinojosa007 3 ปีที่แล้ว

    Recent subscriber and really enjoy your humble strategic advice. Thanks for the free game!
    Omw to the top 10% 🙏🏼

  • @photogirlmisty
    @photogirlmisty 3 ปีที่แล้ว

    Thank you for this!

  • @buildingsfunnels5867
    @buildingsfunnels5867 3 ปีที่แล้ว

    other than taxes.. but I get your point. I imagine you are sheltering that 115k a year in real estate or such.

  • @laurie1171
    @laurie1171 2 ปีที่แล้ว

    You did record it?

  • @voltairepabustan
    @voltairepabustan 3 ปีที่แล้ว

    This is amazing💪🏼

  • @stephencamacho
    @stephencamacho 3 ปีที่แล้ว

    What gets measured gets accomplished

  • @schwefel
    @schwefel 2 ปีที่แล้ว

    Loved it

  • @kentonrael1747
    @kentonrael1747 2 ปีที่แล้ว +1

    Great video, but how can anyone live off $25k/year?

    • @LadyWithAKnife
      @LadyWithAKnife 2 ปีที่แล้ว +1

      I did for one year, while paying off my student loans and living by myself in California. I paid $34k back during that year and lived on $1500-$1700 a month.

    • @austingray6885
      @austingray6885 2 ปีที่แล้ว

      Ask a poor person

  • @relikvija
    @relikvija 2 ปีที่แล้ว

    +1036$
    Dude, that's far away from poor