How to get SO rich you question the meaning of making money
Рет қаралды 3,503,329
9 ай бұрынWant to SCALE your business? Go here: acquisition.com
Want to START a business? Go here: skool.com/games
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 $200,000,000+ 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 Vanderbitl 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.
@AlexHormozi 9 ай бұрын
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.
@luke_moloney 9 ай бұрын
I'm going to duck out of a wedding to watch it - not missing this! Thanks Alex, you're a legend.
@cochiseseals 9 ай бұрын
This guy’s legit like our Persian father
@Campat888 9 ай бұрын
I registered using every email address I’ve ever made.
@Campat888 9 ай бұрын
@@luke_moloney I canceled my sisters wedding plans when he first announced this.
@prompt_shark 9 ай бұрын
@@luke_moloney You can always TeeVo it to watch later. Or have your mom record it for you!
@briceking669 9 ай бұрын
It’s amazing that we live in a time you can get a better education on KZfaq than Harvard and it’s free. Thank you Alex.
@ExperimentalKana 9 ай бұрын
ong
@edmundalston63 9 ай бұрын
Say it again bro
@Elusive0101 9 ай бұрын
It doesn’t hold the same value tho so don’t kid yourself
@tylermcconnell 9 ай бұрын
@@Elusive0101It absolutely does. Harvard only holds value because it’s a checkmark for the ruling class.
@abrahamsapperceptions 9 ай бұрын
@@Elusive0101can you elaborate?
@ElyWaves. 9 ай бұрын
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
@LokeVidu 9 ай бұрын
Thank you!
@blockminingsolutions 9 ай бұрын
@@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
@ashleythompson7879 9 ай бұрын
Amen. Thank you and same to you! I am doing that right now.
@bradleysimons1356 9 ай бұрын
@@blockminingsolutionslol what 😂💀
@CFChristian 9 ай бұрын
@@bradleysimons1356Not sure if that was sarcasm he was going for or what.... 😂
@maryd86 7 ай бұрын
"It's going to suck. It's going to be Okay." Such an intensely valuable lesson.
@NobodyTellsYou 8 ай бұрын
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.
@SixGuyVi 7 ай бұрын
Value
@double1499 7 ай бұрын
Thank you bro
@NobodyTellsYou 7 ай бұрын
Thanks ya'll. Just tryina help.
@davidgoogle 7 ай бұрын
So a bunch of info gypsy bullshit. Thanks mate. I'll block this beard fellow.
@justslow9083 7 ай бұрын
Appreciate Bro
@eddiec7047 9 ай бұрын
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)
@precisionsoundworksstudio 9 ай бұрын
Thank you
@echo6911 9 ай бұрын
Thank you for providing us with this. Great work!
@STEVELOVELL-ur6bx 9 ай бұрын
thx so much for shortcuts
@RM-cm8hz 9 ай бұрын
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.
@Akkinone1 9 ай бұрын
thank you
@ChrisHunterSavesTheDay 9 ай бұрын
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
@thalessilva1 9 ай бұрын
GENIUS!THANKS MAN
@maipham4766 9 ай бұрын
Thank you 🙏🏼
@adam-nw5cn 9 ай бұрын
thanks! 🎉
@aaronjjacques 9 ай бұрын
Shut up and take my money
@jay2dv1 9 ай бұрын
I now live by this definition of learning.
@alexmorrison6475 8 ай бұрын
I love how he is jacked, realistic, not fake, and sounds like Seth Rogan. Perfect combo
@graceocean8323 8 ай бұрын
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
@MattDouglas-hj9wh 8 ай бұрын
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
@trazzpalmer3199 8 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@trazzpalmer3199 8 ай бұрын
There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
@champhallier8468 8 ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@smxygoat 7 ай бұрын
If I had connections I would speak to them and maybe even talk to accountants or portfolio managers cuz their clients may know and you could find a mentor in that … idk anybody so I have to keep looking for videos and hoping I find a gem 😂 I’m not too far from Portland
@peeweeaim 9 ай бұрын
Im now rich
@user-hf9ne4yx5d 9 ай бұрын
So ami
@Squirrel-zq6oe 9 ай бұрын
im too
@epiphany2612 9 ай бұрын
Me as well 💯
@sammay1540 9 ай бұрын
Way to go man! I’m about to get there myself
@josephcoatofmanycolors 9 ай бұрын
Me too
@ThePerkinsGroup 9 ай бұрын
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.
@deantebritton 8 ай бұрын
Focus and having a player 2 to help
@TheAlfadir 8 ай бұрын
i live of 200 euros a month for over the pas 10 years, personally i see that as a more impressive achievement 😅
@ShortenMonteCristo 8 ай бұрын
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
@sarasever8956 9 ай бұрын
This man spends hundreds of thousands of time just to help us. He helps those in need while also helping us. He always puts a smile on our faces and we should appreciate it. Hats off to Him! I love you dude. Crazy I've never payed attention to the LVRCH CAPITAL on the internet movement when I say ancestral your a gift to our people
@Theo245j 9 ай бұрын
It's called a lead man, of course he does it for marketing haha. If he gets more traffic of people with his youtube, he will get more money of course, because more people know who he is and what his products are. It doesn't mean that i don't respect his good education though.
@RM-cm8hz 9 ай бұрын
AKA he wants your money and attention.
@fingertapper88 9 ай бұрын
Naive
@Airestotle09 9 ай бұрын
And YOU’RE the types of people he loves because you so easily malleable and feel validated because you think your contributing to something even though you’re not.
@abanobmikaeel3169 9 ай бұрын
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.
@commonsensecritique3678 9 ай бұрын
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.
@The_lupo_ 9 ай бұрын
@@commonsensecritique3678he did help me re craft my offer and sell content creation for 10k€+
@abanobmikaeel3169 9 ай бұрын
@@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.
@g.ieronymidis 9 ай бұрын
@@commonsensecritique3678His 1$ book 😂 Cope harder
@whatta7793 9 ай бұрын
@@commonsensecritique3678 bingo
@jayc4715 7 ай бұрын
I got rich by just watching this..then halfway through it..i got bored and decided to be poor again
@YvonneEWalsh 14 күн бұрын
Lol😂😂. Thank you for saving me the time.
@eknoke01 4 күн бұрын
That kind of sums it up. BS 101
@thorstenhoins 8 ай бұрын
"Good advertising makes a bad product fail faster". Bill Bernbach
@LearntoMakeHonestMoneyOnline 9 ай бұрын
The untold truth about money: Money doesn't change you. It simply AMPLIFIES who you are 👍 If you do good without money, you can do MORE GOOD with a lot of money. If you do bad without money, you can do MORE BAD THINGS with a lot of money. Be good and faithful when the amounts are small 💰💪
@mikethecop 9 ай бұрын
I'll take it a step further; it reveals who you are and what you value most.
@exnihilonihilfit6316 9 ай бұрын
_This_ is what you do with your life?
@Dust4Vomit 9 ай бұрын
Thank you for this useless cliche comment!
@LennyTim 9 ай бұрын
I think we all know the truth, we just ignore it.
@repetitivenoise 9 ай бұрын
Truth!
@gameofkingdoms7562 9 ай бұрын
Lol, i dunno, this topic is pretty played out haha.
@DropsMike94 7 ай бұрын
People like Alex are truly gifts of the world. Super inspirational to become someone so selfless like him.
@MalibuGlassMI 7 ай бұрын
Oh, BS.
@gabriellat.6735 4 ай бұрын
Alex is beyond amazing. I will tell you how to be rich.
@gabriellat.6735 4 ай бұрын
”When your finance is ignored, lncome will relatively be unchanged.” The Rich attain wealth cause they seek the aid of finance pro(s) to attain wealth but claim to do it aII themselves.
@gabriellat.6735 4 ай бұрын
”Don’t lay your eggs in a basket.” I attained wealth by varying options with the aid of my finance pro. and so far have attained so-much in my finances. Give this a try and attain weaIth
@gabriellat.6735 4 ай бұрын
Never neglect your finance, for lncome will remain stable whiIe expenditures rises. The rich aIways acquire fortune cause the seek the aid of finance-pro(s) to make their goal a reaIity
@gabriellat.6735 4 ай бұрын
Better growth in finance is assured by varying into packages with the aid of my finance-pro. and has changed my life ever since.
@gabriellat.6735 4 ай бұрын
sear ch the fuII name beIow, lf you care.
@muzafferyurekli2400 9 ай бұрын
Thank you so much LVRCH CAPITAL for my SBA approval. I understand the terms and conditions of the loan disbursal and will make sure that I return the loan amount in the stipulated timeline. As I have already taken insurance for my new Business that I am planning to open in California LA. My business details and owner details have been submitted in the bank and I will be submitting the further details as well as and when the times comes.
@daniel_najar 9 ай бұрын
"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?"
@michaelz1757 8 ай бұрын
When the student is ready, the teacher will appear. Wow. Thank you, Alex H!
@mrahd 8 ай бұрын
I hope people realize they don't have to get rich BEFORE they question the meaning of making money. The goal of this video is already available to everyone.
@michael.manasian 9 ай бұрын
" 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.
@paveltantsiura 9 ай бұрын
I had to listen to this multiple times to act accordingly to the wisdom Alex shared. Learning is changing oneself behavior
@RobertSmith-cp1is 9 ай бұрын
Yea had to listen a few times too
@alicesplayground_ 9 ай бұрын
sameeee
@SpiritualBusinessCoach 8 ай бұрын
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.
@donnafrancis5473 8 ай бұрын
Beautiful & well said. P.s am screen shoting this
@mysportisyourpunishment73188 7 ай бұрын
Thanks saved me time
@jaydwgtre0 6 ай бұрын
I like your summary simple yet powerful.
@thelma845 8 ай бұрын
Rather than envy, I get inspired,that was what my mentor made me learn Really glad i met *Zachary Allen Mark* now it’s all wins.Making over $10,000 weekly and all i can say is i have got the Best Mentor
@mandy3039 8 ай бұрын
How do i connect with Zachary? I have seen positive comments about him severally, I think i am ready to make the move now
@thelma845 8 ай бұрын
Having worked with Zachary for over 3 years, I could gladly recommend him to anyone
@thelma845 8 ай бұрын
L00k up *Zachary Allen Mark* on
@thelma845 8 ай бұрын
lnstagram
@shawn-vx2vb 8 ай бұрын
Wow, amazing to see others trading with ZachMark. I am currently on my 7th trade with him and my portfolio has grown tremendously
@rovers141 9 ай бұрын
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.
@greggutierrez6997 7 ай бұрын
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.
@kaustubhchavan4524 9 ай бұрын
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!
@HarmonicWave 8 ай бұрын
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.
@ChadDickinson-in1fr 5 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $120k to approx $440k
@eknoke01 4 күн бұрын
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.
@rashnatic 8 ай бұрын
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 KZfaq, book sales(even if small in comparison to his earnings at company but still sizeable) and what not.
@JinSage 9 ай бұрын
Long form videos like this without a bunch of insane editing are by far your most valuable gifts to serious entrepreneurs
@Journey_Toward_Success 9 ай бұрын
He didn’t just sold that whole room but his whole KZfaq audiences. That was a great vid 🔥
@user-ee5ts4lm1l 6 ай бұрын
@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.
@sirreedomondo9008 7 ай бұрын
I sat here for 30 min, watching pixels thinking this is normal because it was a live presentation, not just the fact I have KZfaq set to 240p. 😢
@LinhPodetti 9 ай бұрын
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.
@xonike 9 ай бұрын
Congratulations,I love hearing success stories. What is the new main business?
@HoneyKrisp69 9 ай бұрын
@@xonike hopefully not the "fans" pages lol
@kennyk251 9 ай бұрын
The woman in the red dress was able to ignore the woman in the red dress.
@LinhPodetti 9 ай бұрын
@@kennyk251 hahha good one
@AFGixxeR88 9 ай бұрын
What business?
@heartstrings110 9 ай бұрын
This was one of the most valuable 50 minutes I have spent in my entire life. This is life changing information.
@DeivixLV 9 ай бұрын
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.
@MrKiNgTV-vn2bu 9 ай бұрын
yes, life changing 50min sales pitch
@carljohnson-uc6qm 8 ай бұрын
@@DeivixLVhow much are you worth? How much value have you given to the world?
@schukerD 7 ай бұрын
These videos make me think about a lot of things that I haven't considered yet, superb! I almost fell out completely in my mid 40’s but thankfully now I’m close to retiring in a satisfactory manner and have majority of my financial goals ticked.
@francescadelight 7 ай бұрын
I keep saying other youtube gurus should be concerned. A new financial influencer star is rising. Alex should keep this up. He's brilliant!
@annMarien 7 ай бұрын
@@francescadelight He understands the modern process very well. He makes me want to restructure my business model sometimes but I think I'm already enough and content where I am
@ramonfred 7 ай бұрын
@@annMarien How much R. O. I do you make from your business and invstments models annually ?
@annMarien 7 ай бұрын
@@ramonfred about $1.4m ROI annually
@ramonfred 7 ай бұрын
@@annMarien Damn Sir thats a lot. I can't even begin to imagine what I should start doing to get to where you are, how did you get to this stage though?
@ThatCampingOwl 8 ай бұрын
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.
@ChadDickinson-in1fr 5 ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence researched for license advisors and came across someone of due diligence she helped a lot to grow my reserve notwithstanding inflation, from $115k to approx $550k
@RydinginStyle72 3 ай бұрын
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.
@johnholland2825 8 ай бұрын
Alex says "sh1t" 159 times in 51 minutes (every 20 seconds) And says "like" 109 times Just the most appalling communicator ever. How can anyone find value in this?
@plep5066 7 ай бұрын
Cause he has 100 million dollars that you don't have
@berathanedar2145 8 ай бұрын
You showed great composure, experience, and thinking while dealing with the issues i had about my credit. Your level of quality work remains unprecedented, Thank you for all your help. Without your hard work, patience, and agility, i wouldn’t have completely gotten approved before the deadline. You rock *vri token* !, Thanks.
@KazamKazamKazam 9 ай бұрын
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!
@amirnaseer-by3un 2 ай бұрын
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 Crafted by Merlin AI.
@kartikkumarsah4799 Ай бұрын
Thank you so much!
@iamo0 8 ай бұрын
Notice how the speaker got richer from this talk, not those who listened
@sethgaston8347 8 ай бұрын
True. This should be studied by those who wish to become gurus. And nobody else
@openyoureyes4799 9 ай бұрын
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!
@pf8264 9 ай бұрын
I could help you out if you'd like
@openyoureyes4799 9 ай бұрын
@@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
@openyoureyes4799 9 ай бұрын
@@pf8264 Who are you? How can you help? Thanks
@LilyGazou 8 ай бұрын
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.
@Wilson_Cool 9 ай бұрын
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
@user-op5pe5qz9l 2 ай бұрын
Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
@davegagnat8855 5 ай бұрын
"In the game of entrepreneurship, you start years later." This is EXACTLY what I tell everyone I meet. We seek the glory, but fail to see the blood and sacrifice which often breaks you when you don't make it.
@dotpenji 9 ай бұрын
How to build a successful business: Define problems -> Define solutions for your customers -> Exceed your customers' expectations -> Consistently go beyond that benchmark and do it at scale.
@motivatedbeastph 9 ай бұрын
Thanks for the tip!
@abigailcayetano487 8 ай бұрын
This is indeed the outlined for building a successful business!
@monicasoriano8581 8 ай бұрын
That's true! Customer success leads to business success, Customer expectations are important because when a business fulfills them, it would boost sales, higher customer retention, brand loyalty, and repeated purchases.
@melaniecerez8938 8 ай бұрын
This was such a great tip👍👍👍!
@lyricssession5576 8 ай бұрын
Exploring the meaning of massive wealth? Brace yourself for some mind-shifting insights in this video.
@anthonylifestyle 9 ай бұрын
Social media is a great leverage. Take KZfaq for example. You make videos and those videos work for you 24/7
@thegreatdivinie 7 ай бұрын
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.
@LegallySent 9 ай бұрын
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.
@jacquelinevanbierk 9 ай бұрын
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.
@goldnutter412 8 ай бұрын
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
@ANDREWGEN_ 8 ай бұрын
I got 3 minutes into the video and became instantly rich thanks Alex!
@monsterenergyaxe 6 ай бұрын
Buy my book! Its the only way I make money.
@isahia 9 ай бұрын
One of the best videos I’ve ever watched. Thank you Alex.
@PhilippBlum 9 ай бұрын
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.
@TherapeuticMusik 9 ай бұрын
Facts
@x3AnimeFanXD 8 ай бұрын
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.
@cmf3947 8 ай бұрын
Loved how passionate you were talking about the work ethic of China, Respect ✊️
@georgelane9738 9 ай бұрын
This is one of the most valuable, if not the most valuable, videos on KZfaq that anyone looking to grow can watch.
@S..u..n..i..l 9 ай бұрын
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
@honkhonk5181 9 ай бұрын
Difficult choices also make the biggest bankruptcies
@wespaul1997 Ай бұрын
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.
@cxcx942 8 ай бұрын
I am so grateful for this video .Thankyou Alex ❤this just put my whole life into perspective .
@UNIVERSITYOFFINANCE-xn5jw 9 ай бұрын
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.
@user-pf5xq3lq8i 9 ай бұрын
But your 1 month old KZfaq account screams CIA bot.
@Arya-FFL 9 ай бұрын
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
@Gideon920 7 ай бұрын
“The money you’re leaving on the table, is the focus that you’re not giving to the one thing that matters.”
@mandyjoscraftcorner637 8 ай бұрын
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.
@imperatorscratchmataz 8 ай бұрын
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.
@eknoke01 4 күн бұрын
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.
@Peter-bj4dr 9 ай бұрын
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!
@sebastianacosta-vazquez8166 9 ай бұрын
Video got uploaded 8 mins ago. And ive already finished it. Thanks alex.
@joshmoxey. 7 ай бұрын
That ending was so inspiring. The power of brand + a packed value proposition
@jonnymakers9560 6 ай бұрын
more buzz words that are meaning less...get a clue you sheep
@KGT413 8 ай бұрын
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
@magnusbestest 9 ай бұрын
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.
@NoSignOvLife 9 ай бұрын
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 🖤
@trump45and2zig-zags 9 ай бұрын
Awesome! Best of luck!!
@tristannn5913 9 ай бұрын
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.
@NoSignOvLife 9 ай бұрын
@@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. 😊
@Lurch-11 9 ай бұрын
If you rely on this guy to teach you about running your clothing business then you're screwed before you start
@ferrinheight 9 ай бұрын
Education/learning can come from "content" of all kinds. If you changed your behavior as a result then you learned something/educated yourself.
@sweetnotes 8 ай бұрын
I'm not rich and I already question it. The only meaning I can see to it is being able to help some cause beyond yourself but no one does that anymore, even if they say they do.
@Broadbased 8 ай бұрын
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.
@Slashoom 9 ай бұрын
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.
@jrhamilton4448 9 ай бұрын
Who'd of thought watching an hour or so long KZfaq video would beat four years spent going to college.
@eknoke01 4 күн бұрын
Yea sure .. if it were that easy everyone would be rich now 😂
@hobsdigree2 6 ай бұрын
I'm willing to bet this guy promoted a pump and dump crypto scam, and tried selling NFTs.
@Neosunville 7 ай бұрын
I´d really like to have millions of dollars, but rather than that, I´d like to have an open, fearless, loving heart ..
@blakeandrews7655 9 ай бұрын
Better > New. Tesla is a great example of this. If their cars weren't superior to the vast majority of combustion engine cars, the novelty of an electric car would have gotten them nowhere. It wasnt enough to make an electric car. They had to make an electric car that was better than its gas driven counterparts.
@CoachGranny 9 ай бұрын
Happy birthday Alex and BEST of luck on tomorrow's live event I will be here with bells on. Thanks for all you do for us Hermozi nation all the way!! 👏🎉
@onlyqualitypeoplemotivation 8 ай бұрын
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!
@josessesimba1957 23 күн бұрын
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.
@ferhataydnvideolar 9 ай бұрын
There is no doubt that you will rise fast at the apex of your career LVRCH CAPITAL on the internet .Because you are a very intelligent,smart,hard worker and your work ethic par excellence.Keep going People like you take the IM out of Impossible by becoming PRO at tackling PROblems.
@WillyJunior 9 ай бұрын
Lavurch capital? What a dumb name
@user-me7gi3un9i 9 ай бұрын
Best hour I have spent researching in a long time - I have no idea what I want to do but I know I want to do something and i want to do it better thank you
@pauldow6252 8 ай бұрын
Focus is critical. Wow your three points were spot on. Now I just have to implement them.
@gumpmode1 9 ай бұрын
A mentor that explains things in detail without telling you how to make money
@ismaelfraser47 9 ай бұрын
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. ❤
@user-rc2xs5ti2w 8 ай бұрын
You have to pay him bc he is one that wants be billionaires
@xQuill 9 ай бұрын
Thanks for uploading this. I been caught in the same crappy cycle, but despite how boring it gets. Focus is everything.
@aluumina 8 ай бұрын
24:41 "All the riches you want are on the other side of a few hard conversations. And most people spend the rest of their lives not having them, being poor, and wondering why."
@BroncBro 9 ай бұрын
What a treasure trove of knowledge! Thank you, Alex, for paving the way for the next generation of Entrepreneurs.
@SpeedToLead-io 9 ай бұрын
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!!
@black-square4141 4 ай бұрын
Same here!
@chrisaustin6255 8 ай бұрын
This talk was so damn good and accurate
@sharonrosewinfield1111 8 ай бұрын
“Coach me is way smarter than me me.” 😂. That resonates on a level I can’t even explain 🙏🏼💖🤩
@averagedudeusa9722 9 ай бұрын
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.
@LoxBuRaK58 9 ай бұрын
Honestly, we need more people like you LVRCH CAPITAL if we had an army of people like you, we could stamp out these total loss in no time. I love that you are helping the victims, too it's ultra gratifying when you are to save people in real time like you do thanks 🙏🏻 for getting ours approved
@MdSTherapeuticcoaching 8 ай бұрын
Gosh man. You are so right and I've been so wrong!. That's the reason you are rich and I am poor, obviously. Good for you. You learned what I didn't and you applied it. So thank you so much for your generosity in putting this out. Maybe people like me can start to apply it too.
@RitchiePaulDalto 7 ай бұрын
All this can be applied to having a successful relationship too. I love a good attitude adjustment like this, thank you.
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