How to get SO rich you question the meaning of making money
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- เผยแพร่เมื่อ 14 ม.ค. 2025
- Want my books for free? Go here: www.acquisitio...
The easiest business I can help you start (free trial): www.skool.com/...
If you’re new to my channel, my name is Alex Hormozi. I’m the founder and managing partner of Acquisition.com. It’s a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $250,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, I’ll give you some stuff you can google to verify below.
How I got here…
21: Graduated Vanderbilt in 3 years Magna Cum Laude, and took a fancy consulting job.
23 yrs old: Left my fancy consulting job to start a business (a gym).
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time.
26 yrs old: In desperation, started licensing model as a hail mary. It worked.
27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months.
28 yrs old: Started Prestige Labs. $20M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months.
31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal.
31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses.
34 yrs old: I became co-owner of Skool.com to help the many people who want to start a business online do so.
Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year. Our ownership varies between 20% and 100% ownership of the companies. Many of them we invested in early and helped grow (which is how we make our money - not youtube videos).
To all the gladiators in the arena, we’re all in the middle of writing our own stories. The worse the monsters, the more epic the story.
You either get an epic outcome or an epic story. Both mean you win.
Keep crushing. May your desires be greater than your obstacles.
Never quit,
Alex
FULL DISCLOSURE
I make content to make money - just - on a longer time horizon than most. I want to build trust with business owners so we can find the best ones and help them scale. And if they’re awesome, write them a check and go all the way as partners.
You’re not gonna wanna miss my next book coming out soon…you can register for my FREE virtual book launch on August 19th here: Acquisition.com/leads
I put $1,000,000 into the free virtual event. And I’m releasing a gift for everyone there I’ve been working on for 4 yrs.
I'm going to duck out of a wedding to watch it - not missing this! Thanks Alex, you're a legend.
This guy’s legit like our Persian father
I registered using every email address I’ve ever made.
@@luke_moloney I canceled my sisters wedding plans when he first announced this.
@@luke_moloney You can always TeeVo it to watch later. Or have your mom record it for you!
It’s amazing that we live in a time you can get a better education on TH-cam than Harvard and it’s free. Thank you Alex.
ong
Say it again bro
It doesn’t hold the same value tho so don’t kid yourself
@@Elusive0101It absolutely does. Harvard only holds value because it’s a checkmark for the ruling class.
@@Elusive0101can you elaborate?
Key points/summary of the vid
Leverage is key to making money (0:04:10, 0:09:33, 0:29:55)
Improve skills and systems to increase leverage (0:05:39, 0:30:09)
Focus on one business long-term (0:17:02, 0:23:01, 0:36:10)
Improve existing business vs. new businesses (0:29:49, 0:40:23)
Do the boring but important tasks (0:31:31, 0:40:46)
Build a solid foundation first (0:38:16, 0:39:38)
Say no to distractions (0:24:24, 0:25:23)
Success requires years of focus (0:37:17, 0:51:06)
Don't quit after a few months (0:13:49, 0:14:08)
Thank you
Thank you for providing us with this. Great work!
thx so much for shortcuts
AKA the things they teach you in YEAR ONE of business school. This guy is a joke. Internet guru. Go to school kids.. stop believing youtubers are going to make you rich. 0.01% of youtubers are successful.
thank you
"It's going to suck. It's going to be Okay." Such an intensely valuable lesson.
Madam who hurt you?
If you guys are watching this and understand the concepts but don’t fully grasp them yet, start your business. Pick something start it and apply these concepts. It’ll all come together beautifully. Go kill it y’all. Alex you are a legend
Thank you!
@@LokeVidu it won’t hurt to become a Freemason brother and make connections that will turbocharge your ideas and business. Then create a freemason business logo to show all the population that has no idea
@@blockminingsolutionslol what 😂💀
@@bradleysimons1356Not sure if that was sarcasm he was going for or what.... 😂
@@CFChristian yeah.. it’s more difficult to pick up sarcasm over a written comment on the internet
1. Do the same thing everyday
2. Focus
3. No distractions
4. Be your self help coach
5. Boring is the new sucess
Sorry motivational pop psych doesnt cut in the context of new NWO 2024+ socioeconomics. There was a time abundance was under every sand.
1. Make youtube videos about being rich so people watch them and you get TH-cam revenue 😬
@@jasonbourne4784 ALL and ALL Rich and Success advocates that preach on tube, are getting rich by tube desperate/s but well... some make it.
Hormozi took the social out of social media. Thats quite an accomplishment.
@@jasonbourne4784No. TH-cam is great to build a brand, actually revenue is to low to be worth your time.
My favorite part of the speech was forcing through leverage the entire crowd to give you a standing ovation at the end. That was awesome.
The biggest takeaway for me on this video that really hit home was the concept of FOCUS. I have spent so much time trying to develop other business ideas that sound cool to me in theory, but that has taken time/effort/focus away from my current business that is making money with less effort. The "What Should I Be Doing" segment was amazing. I have a solid list of ideas in my head that I know would help me grow, scale, and become more successful. It's so simple, but makes so much sense. Thank you for this video.
Focus and having a player 2 to help
So true
So grateful I can watch this for free, I free privileged. Alex gives me so much direction as someone who is lost in their 20s. Love this man
This by far is the most impactful video I have ever seen throughout my journey. Thank you, I needed to hear all of this, this is key.
A friend of mine, a fellow music composer is living his dream as a successful music composer. I asked him for advice on how I can get there and his answer was FOCUS on only one thing. I was doing way too many things, bc I get bored and impatient easily. Thank you for this amazing lecture.
If you eat a lot of refined sugar (including anything with FRUCTOSE in the ingredients) try to cut those out, it messes with your brain chemistry and makes your mind "foggy", hard to focus, easy to get distracted/bored/impatient/mad etc
Just start a business school and teach everything he says and two of his books as syllabus man, I paused midway and shut down one extra business that I had as I watecd this video, although I have heard him saying it multiple times in numerous pieces of content. Today it really made a dent in my head and also inspired me really well to finally take action.
Can never thank you enough Alex for all that you do for free!
People like Alex are truly gifts of the world. Super inspirational to become someone so selfless like him.
Oh, BS.
lmao you guys are like NPCs
There’s nothing selfless about him
Best Speech ive heard in a while! No fancy Slides no Bs -> Just raw Informations. Thank you so much Alex!
24:45 "All the riches you want are on the other side of a few hard conversations" this hit me so hard, because it's so incredibly relevant to my case. I do not understand how I can thank Alex enough for the endless value he has given me in my life/business.
How has Hormozi provided you with "endless value"? The acquisition of repackaged, widely available information is not "endless value". In reality, "information acquisition" is the new form of procrastination. It makes us feel like we are making progress but we are not taking action. How has Hormozi's content prompted you to take action? Taking "action" to buy his book does not count.
@@commonsensecritique3678he did help me re craft my offer and sell content creation for 10k€+
@@commonsensecritique3678 The acquisition of repackaged, widely available information is not "endless value". Widely available information being repackaged is literally what 99% of colleges/courses teach but they charge you for it. I make it a point to listen to business videos for around 20-30 minutes a day as I'm exercising, so not exactly procrastinating. I have not bought any of his stuff since most of the information he has on YT is sufficient. One example of something I applied that he taught is doing the crappy tasks that we know we should do but we aren't doing bc we're chasing the new stuff, and applying that in my business has allowed me to streamline certain process/generate more $$ so yes believe it or not it has given me endless value bc those $$ will keep on compounding as my business lives on.
@@commonsensecritique3678His 1$ book 😂
Cope harder
@@commonsensecritique3678 bingo
29:49 This video really drives the main point home: Focus on 1 thing long enough till it becomes a beast. I believe there are 2 things that can be added-
1. When choosing your 1 thing, make sure you choose the thing you really like and enjoy and not just factor profitability. Because, not only would it be a real tragedy to get good at the ‘wrong’ thing but a waste of all that grit, determination towards something that makes you miserable in long term.
2. Such periods of intense focus as talked about in video, if you think about it are really seasonal. At some point, you would have to branch even if its an addendum to accelerate the main thing.
Take the example of Alex - he scaled his content game, started dominating different channels 1 by 1 in the last 2 years most probably to get leads for his main company (what gets seen, gets sold) - but in doing so he created a powerful personal brand, multiple streams of income from TH-cam, book sales(even if small in comparison to his earnings at company but still sizeable) and what not.
Im now rich
So ami
im too
Me as well 💯
Way to go man! I’m about to get there myself
Me too
More truth!
0:00 - Making More Money Than CEOs Combined
2:40 - Defining Work and Increasing Work Rate
5:33 - Leveraging Output in Work
8:14 - The Power of Leverage
11:05 - The Importance of Leverage
13:33 - The Crisis of Meaning: Why Am I Doing This?
16:02 - The Importance of Being Informed
18:18 - The Key to Building Something Epic
21:08 - The Power of Focus
23:37 - More of The Power of Focus
26:08 - The Pitfalls of Chasing Opportunities
28:41 - The Importance of Action and Behavior
31:16 - The Importance of Doing the Boring Work
33:48 - Being More Efficient in Business
36:28 - The Power of Focus and Specialization
38:41 - The Power of Word of Mouth and Negative Referrals
40:59 - The Power of Role-playing in Sales and Customer Success
43:21 - The Leverage of a Better Book
45:43 - The Leverage Building Begins
48:48 - Increasing Leverage to Sell and Offer
51:12 - Growing companies through leverage
GENIUS!THANKS MAN
Thank you 🙏🏼
thanks! 🎉
Shut up and take my money
I now live by this definition of learning.
My biggest challenge is still just getting something started that actually produces some income instead of me just being busy trying to get it set up. I'm just trying to get my monthly bills paid so I can quit working my regular job and FOCUS on just my business. Working 40 hours a week to just get by is wasting so much of my time.
Working 40 hrs a week will unfortunately never get you ahead in the traditional sense. That’s the lie they tell everyone and it’s why most of America just gets by.
There is so much powerful and actionable stuff in here that I really needed to hear at this season of my life. Thanks as always for what you do Alex, and thankful for Leila too!
Crazy this video was called “history of money” then “ how to get rich”, and now it’s “ how to get SO rich, you question the meaning of making money”, all of which made me wanna watch it again.
Bro, it's like you described me. Starting new stuff and not focusing on the old boring stuff. Thanks for this.
One of the best videos I’ve ever watched. Thank you Alex.
I learnt this lesson last year. After letting go of my side businesses I was able to focus on 1 business that made me enough money to semi retire. 😊 I learnt that there's still so much i can do with my main business.
Congratulations,I love hearing success stories. What is the new main business?
@@xonike hopefully not the "fans" pages lol
The woman in the red dress was able to ignore the woman in the red dress.
@@kennyk251 hahha good one
What business?
This was by far the best Seminar I have ever heard. I will use everything here and scale down my 7 businesses to work fully on one.
Social media is a great leverage. Take TH-cam for example. You make videos and those videos work for you 24/7
Long form videos like this without a bunch of insane editing are by far your most valuable gifts to serious entrepreneurs
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
bot. or paid likes.
Alex, you've been one of my driving mentors in this digital jungle of personal development (literally, for the past few years). Not sure if you'll ever read this comment, but I must say I can't thank you enough. You've taken my humble existence from barely getting by (with 3 small children) to a life of six-figures (and soon beyond). You deserve a noble prize (or something equivalent, lol) for your efforts toward growing fellow entrepreneurs, without question. Thank you, thank you so much. If you only knew how much of an impact you've made on my children, my life, and my friends.
Video got uploaded 8 mins ago. And ive already finished it. Thanks alex.
Loved how passionate you were talking about the work ethic of China, Respect ✊️
Alex, you are the master at "give, give, give, ask" bravo! 🙌
The fact that you keyed in on what your audience needed and then made an entirely new presentation for them speaks volumes of the kind of man you are what you are setting out to achieve. Thank you.
I got rich by just watching this..then halfway through it..i got bored and decided to be poor again
Lol😂😂. Thank you for saving me the time.
That kind of sums it up. BS 101
amazing speech! thanks for sharing. I've realized the value of focus on one thing within the past year.
Thank you, Alex! 🎩🌞
I learnt a lot in just 51 minutes more than I did in my years of College ! Thank you Alex, you got yourself a new subscriber.
You've gotta be kidding.
Literally I need to say this again, your videos have incredible value.. completely next level. I have come to the same conclusions - these things are really the game changer and the missing piece for most people.
One thing that really stuck to my mind and that constantly haunts me (even tho I haven't started my own business yet): You become an entrepeneur out of curiousity and interest and then you gotta unlearn it and stuff might be boring from time to time so you can built leverage. This will be one of my hardest challenges. Thank you for this presentation!
Why is everyone talking about leverage.. What does leverage in this context mean for you?
Alex, you are a legend simply because of how you explain your thoughts for the masses to grasp. I respect it, greatly. Keep winning, keep inspiring 🙏
"How arrogant is it to think that we can do multiple things at once and compete with someone spending all their time on one thing?"
Can't appreciate enough all the info you give out for free for upcoming entrepreneurs, great content as always🔥Hope to have a yt channel like yours on day
ugh. This video...is actually good. your point at 27min 30-42 seconds is the most important point. i'm in quick sand and I've been saying this to my wife... it's funny because i run around telling everyone the secret is this...FOCUS...but I'm not practicing this. why? maybe fear. human emotion...IDK. But consistently over time I have observed the hardest decision to make is what you will not do vs what you will. Maybe it's the "uninformed optimism gene" in humans... Also, for me, I'm a veteran...I was taught never to give up, and never surrender. Most folks are drilled with this point as the secret to success... "just keep going"... and that works IF...IF, you are focused. Nice pitch Alex. Thanks for this video. Well done.
I think we all know the truth, we just ignore it.
Truth!
Lol, i dunno, this topic is pretty played out haha.
And what is that
So many people say work hard. So many companies say be fast. But both doesn't matter, if you don't do it smart enough.
I am rather a little bit slower, but also thought about what I am actually doing here.
Facts
thank you for this, these are the exact same mistakes i have been making, this video has given me so much food for thought, i am poorly educated and often try do too many different things because nothing i do truly works, its sad, but its the truth, from now on im focusing on just one thing, thank you man!
40:00 12 month for a product
40:23 Small vs big Business
41:20 What to do - Boring work 😂
42:20 what same things to do every day?
Motivation: if you’ll do same things every day you’ll be successful (things that may bring growth)
43:42 1000x sales is a good product
I had to listen to this multiple times to act accordingly to the wisdom Alex shared. Learning is changing oneself behavior
Yea had to listen a few times too
sameeee
i love this! he's a mechanic of the machine that is business. he sees the machine, its a known device, he knows the parts and he's teaching us to build and work on these machines as-well. thank you for taking all the mystery and guessing out of it Alex!
If the majority of people were thinking like this instead of just doing their jobs, there would be no "leverage" for an entrepreneur to use.
It's people who are "working" in the traditional sense who make the world go round.
This was one of the most valuable 50 minutes I have spent in my entire life. This is life changing information.
Also this might be an insightful and valuable information - amazon reviews can easily be bought. Since he has a big enough of team behind him, he can make all that info and just copy paste it to everyone. I'm sure there's more to the refund policy. Also most people won't go all the way for 1 year, forget about the refund (out of frustration or other things) and quit. There's also a chance that his team or himself personally will drag the time enough so the refund policy is not in place. Also the money he got right there can be invested, doubled (or even more) and returned (not to damage his image), which is most likely scenario of his plans. Yes, he might seem all helpful but remember, everyone has their own angle why they do things. Nothing is just out of kindness from people like him.
yes, life changing 50min sales pitch
@@DeivixLVhow much are you worth? How much value have you given to the world?
that is a sad fucking life then lmfao
I've watched plenty of these "how to get rich" videos and this is by far the most informative. Great job.
A mentor that explains things in detail without telling you how to make money
Are you not running a business already?
If you aren't the best businessess to run are in the health, wealth, and relationships areas, businesses that are evergreen, they will always exist, and are fad and trend proof.
Write down what you've been doing, what you're good at, what you like doing, what you enjoy the most, what you would like to do in the future, who you would like to become, then choose from that mix a business.
You'll never work another day in your life doing something that you really love and at the same time is evergreen.
I hope this helps, for all I know you could be a millionare.
Just in case you're someone starting business newly.
Wishing you every success wherever you are. ❤
You have to pay him bc he is one that wants be billionaires
I AM GUILTY OF EVERYTHING YOU HAVE SAID AND AT 74 AND TOTALLY, MISERABLY BROKE.... I am cleaning 5 condos and a pool building every week... I started an etsy store and then I thought of an upholstery business...etc etc etc...After I listened to you, I have to stop the outside work and go after my etsy store until I'm amazingly successful! My ONLY problem with that... if I only grow my etsy store I won't be able to pay my bills! Any suggestions? I want my store to be a great success..I know what I have to do and it's not hard, only just creating more designs. I'm not feeling very wll, and I can't keep this up much longer.. I am the multiple plate spinner! Fuck it...let them fall and break!
I could help you out if you'd like
@@pf8264 Are you Alex Hormozi... don't get my hopes up..are you someone else? I know that I can grow my etsy store because I'm a retired commercial artist, and I'm painting really cute animals for kids rooms and tee shirts etc... I do watercolors and acrylics. It will take a little time, first I had to learn how to use a computer. After I did that I learned about programs etc! Thank you, Kathy
@@pf8264 Who are you? How can you help? Thanks
Get more cleaning clients, hire a younger helper, get more done per day. When you have more income, be more of a supervisor so you can monitor your store more each day. Get rid of your tv, helps you focus.
Good job on the slides! -For me, the juicy parts are his intro, AND from around @7:00...
When the student is ready, the teacher will appear. Wow. Thank you, Alex H!
Dude thank you so much for putting this out there! This helped me gain clarity on what I know I need continue focusing on (and ditching the other ‘ideas’)
Intriguing perspective! Can't wait to explore the journey of getting so rich that the meaning of making money comes into question. Ready to uncover deeper insights on wealth and fulfillment.
Got me thinking about how we perceive work and success. The way you break down the stages of change and the pitfalls of chasing too many opportunities really hit home. I'm all in for focusing on one thing and making it count! Thanks for sharing!!
Same here!
Alex always disturbs my day with value I didn’t see coming 🤦🏾♂️😪
he said.. "that guy is the hardest guy working.." .. the whole thing is awesome too.
This economy sucks for those of us with zero business sense, it's like it's tailor made for a single skill set while everyone else is either fucked or they can love comfortably but never see the kind of wealth that all of us dream of having or experiencing at least once in our lives.
Relisten to this. Listen to many of his podcasts. The skill set doesn’t come naturally you have to learn it. Learn to sell. Fill your brain with positivity. You can be rich. You will be rich it if you’re willing to fail often and keep grinding.
It's not the economy that sucks but society, if it makes you want more wealth than you need to live comfortably. I feel sorry for you.
this video is timed perfectly for my life. After selling my last side hustle I've been waffling and have started laying groundwork for 3 different future companies. And, right as I get close to launching, I get enticed by something else. I justified it by saying I wanted to look into other things and once I started something I'd be all in.
That sounds great, but the first original business was supposed to launch 4 months ago. That's time lost that I can't get back.
Gotta get this focus and have something up and going for Alex's leads book coming out soon.
Focus is critical. Wow your three points were spot on. Now I just have to implement them.
Thank you! I had thought these things before but wasn’t sure if my thoughts were true. Thanks so much for confirming everything. Your words are pure gold bro.
I love how he is jacked, realistic, not fake, and sounds like Seth Rogan. Perfect combo
A 'roided up fraud.
The best video ever, changed my view on business. Mad respect
" It's so much easier to stack the deck in your favour if you just do one thing,
because when you focus on one thing, you make it unreasonable to fail.
if you do one thing for an extended period of time, it becomes unreasonable to suck,
if you do it more than anyone else has done it, you will be better than that. "
Sounds perfect.
Take a break to build the product even if it takes a year. We need a solid foundation to build on and that’s usually the hardest part. 💛 Costumer satisfaction and referrals matter. Over deliver. Don’t engage with the shiny object distractions. Do the boring things. Enjoy the hard work. Stay consistent. Listen to the inner coach.
Beautiful & well said. P.s am screen shoting this
Thanks saved me time
I like your summary simple yet powerful.
Brilliant, feasible, concise and convincing. Thanks for sharing your wisdom. I will comment here again in one year.
@22:30 He describes me throughout my life. While my primary goal wasn't to get rich, basically because I was brought up to believe it was outside my reach. As a person, I get interested in things, learn them to a degree, but never become an expert in one thing. Now, in this, I am talking the art and sciences. I would also describe myself as a 63 year old high school dropout and self taught lifelong learner who is driven by curiosity. Now, I am at a point where I do want to take control, input some discipline and focus on making money and am now eager to hear what else he has to say.
The thing is, even if you are not an entrepreneur, this is good life advice.
One of the best sermons I’ve heard in a while. Thank you, Alex.
I got 3 minutes into the video and became instantly rich thanks Alex!
Hall of fame content, Alex.
Thanks for sharing.
The internet if filled with fluffy content, You're one of the few who give value.
Facts
I suffer from Chronic Fatigue Syndrome, but I do all the boring stuff in my business first. I was sleeping in the streets in Spain, moved to Ecuador and now am debt free and have my own properties, but it has been a hard slog and my twenties were basically a waste of time.
Damn Alex this is content gold. Thanks heaps man. Alex is giving you no excuses now boys and girls.
This video changed my life. I was doing Uber Eats just a few months ago and stuck with my business I’m building. Now I’m making more than I thought I could
Watching this 3 times. Ordered an empty book to write out my first playbook.
Goal, build a system of leverage which maximizes my output in order to create work that meets my standard effortlessly.
FOCUS on 1 thing only and dont multitask
Boring is better and better is leverage
Leverage always wins against effort
Do it regardless rain or shine
Difficult choices make the biggest money
Be satisfied with th commitment rather than the outcome
Difficult choices also make the biggest bankruptcies
But what does he mean by leverage? Can you please help me understand it?
What a treasure trove of knowledge! Thank you, Alex, for paving the way for the next generation of Entrepreneurs.
You are my number one mentor. Always looking up to you.
How much content can one man keep on pumping out!
Seriously man. He’s a beast
Who says it's just one man?
It’s not one man, it’s leverage!
Honestly amazing that we get this education for free. I’m calling this education and not “content” as this is straight up teaching me all I need to know to successfully launch my clothing brand after a full year of building the foundation.
Blackened Heart Apparel 🖤
Awesome! Best of luck!!
No way this video is all you need to know to successfully launch a clothing brand. Give a compliment but keep it real. Nevertheless, good luck with your business.
@@tristannn5913 maybe there is some slight generalisation however, I’ve been growing my brand for over a year now before pulling the trigger to open. As you can imagine a lot more information has been consumed than just this one video….. a lot of skills are transferable and so that is why this video of you watch the entire thing is very informative & helpful for all types of businesses. 😊
If you rely on this guy to teach you about running your clothing business then you're screwed before you start
Education/learning can come from "content" of all kinds. If you changed your behavior as a result then you learned something/educated yourself.
Testimonial: My wife is dense as a brick and won't listen to anyone, especially me. For 25 years, I have been trying. You got through to her in 10 minutes. I think she acctually gets it now. Thanks.
You might wanna try not calling your wife ‘dense as a brick’ it might put her off listening to you.
This actually taught me heaps
To everyone seeing this, I just want to remind you to NOT give up on your financial goals. It’ll pay off very soon, just stick to the plan.
But your 1 month old TH-cam account screams CIA bot.
My favorite slide was “here’s what to do if you DONT want to make money” Brilliant 🎉
Unfortunately I work for someone else not myself. This really applies to those who already own their own business. It is very eye opening and encouraging. I am sick of working for someone else. I want to work for myself.
I think it can pretty much be applied from day 1 though. The only thing it doesn't teach is what business to do, although it basically showed that you can do anything and if you apply the principles it will work.
Well anyone knows you don’t get rich working for someone else. That’s not a new concept. But if it was that easy to be your own boss more people would be doing it.
This probably doesn't make sense in context to this but I stopped investing time into social media and art because it got super tiring. The algorithm wasn't doing much it actually slowed down my progression in numbers significantly, I realized "if I want to make a living from this way of art, I would need to get through this??? Ouch." Then I got informed about the changes in the algorithm and why it wasn't supporting me despite my barely changed activity, and it turned out that video content is rated higher and is recommended way more than just pictures. And then I crashed and burned as soon as I realized the despair of "I'm wasting my time! I don't think I can make it in art. I think I suck and I truly wasted most of my life on building a passion and a skill that ended up hurting me more than I wanted". I should totally go back to making art. I was so far more hesitant because of the AI "art" situation cuz ngl it scares me.
Fascinating stuff good content man
TIMESTAMPS:
00:12 📊 Focus on leveraging your time for more money and avoid spreading efforts too thin.
11:45 🚀 Understand stages of change before making major financial decisions.
17:31 💡 Specialize and compound your efforts for wealth building.
20:15 📚 True learning means changing behavior, not repeating mistakes.
21:44 🔄 Choose a compounding business and stay focused for extraordinary results.
23:37 🎯 Commit to one thing, say no to distractions, and make tough decisions for success.
30:07 💡 Improve what you're already doing before starting something new.
35:00 🧠 Act on your own advice to drive success.
42:34 💼 Consistent daily activities are vital for success.
43:04 💼 Your identity is shaped by repetitive actions, not just results.
43:38 💼 A 9.5/10 effort can yield 50x results compared to a 7/10 effort.
45:33 💼 Leverage means getting more value from the same activity.
50:50 💼 Focus on improving and aligning actions for greater output.
Value
Thank you bro
Thanks ya'll. Just tryina help.
So a bunch of info gypsy bullshit. Thanks mate. I'll block this beard fellow.
Appreciate Bro
00:03 You can make more money by increasing your output
05:47 Leverage is the key to increasing output and making more money.
11:36 Progressing in entrepreneurship requires overcoming uninformed optimism, informed pessimism, crisis of meaning, and achieving informed optimism.
16:37 Focus on one thing and stick with it for a long period of time
21:16 Focus on one thing and commit to it.
25:51 Learn to say no to big opportunities and focus on strategic growth.
30:20 Better comes from boring
35:02 Focus on one thing and do it better than anyone else.
39:18 Consistency and commitment to daily activities lead to success
43:35 Leverage is the key to making money
48:38 Increase leverage to sell and offer
Thank you so much for this! I see so many parallels between this and relationships as well, esp the progress chart. (“Uninformed Optimism, etc”)
One of the best videos I have ever watched on financing, personal growth, motivation, mental strength and more. Thank you Alex!
Alex, there is no words to say to you to show appreciation anymore
I am so grateful for this video .Thankyou Alex ❤this just put my whole life into perspective .
Alex, you have said the things I needed to hear and you have inspired me further to start taking action on the things I only think about! Thank you!
Good information for the beginner. Nothing new but well presented. I've seen these mistakes many times with those trying to be successful in business.
I’m so happy that you said what I was thinking: The bulk payment. I did not know about the Recast. Thanks very much for the heads up. Still, it’s so terrible that the federal are warping the market, the cheaper pricing on higher risk loans. This mischief