How The 1% BUILD WEALTH (Copy These Millionaire Habits) | Alex Hormozi
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- Опубліковано 3 чер 2024
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On Today's Episode:
Success measured on the grand scale of financial wealth is far from impossible and yet thousands of people struggle with getting there. If you’re starting from nothing and struggling with the fear of failure and the fear of taking the risks necessary to succeed, then this episode is definitely for you.
Alex Hormozi helps businesses scale $10M into $100M, and his book, the $100M Offer, How To Make Offers So Good People Feel Stupid Saying No, will help you start doing the things you need to start from scratch. In this conversation Alex and Tom get granular about cultivating the traits and skill sets you need to increase your chances of success.
Here’s the cheat sheet:
Pick one thing and say no to everything else
Success requires short term sacrifice for the long term achievement
2 skills to master for success are how to advertise and how to sell
Follow the Rule of 100 for guaranteed success
A powerful question to ask yourself right now, according to Alex is this: What do I believe to be true that really isn’t?
Tom shares quotes from Alex throughout you’ll want to note, and he shares his favorite quote at the end and it’s a life changer:
“How to stay poor, assume you’re always right.” Alex Hormozi
“If you want an uncommon life you can’t have common beliefs.” Alex Hormozi
Check out Alex Hormozi book, $100M Offer, How To Make Offers So Good People Feel Stupid Saying No, strongly recommended for anyone scaling to 6 and 7 figures:
www.amazon.com/100M-Offers-Pe...
SHOW NOTES:
0:00 | Introduction to Alex Hormozi
0:11 | Guaranteed Plan for Success
5:11 | Figure Out Failure & Lessons
14:02 | The Right Way to Create Content
20:36 | Traits of the Ultra Successful
34:51 | Masterclass on Million Dollar Sales
47:28 | Uncommon Beliefs for Success
1:00:34 | The Competitive Business Trait
1:10:49 | Moments of Real Fulfillment
1:16:50 | How You Feel About Yourself
1:33:06 | Own Your Circumstances
QUOTES:
“People are afraid of not getting validated or they’re afraid of judgment that they perceive from people that exist or don’t exist in their lives.” [3:43]
“I didn’t lose the five years, I lost the assets, which were not the most valuable thing that I had earned over that time. It was the skills, the experience and the character traits, I still had those.” [9:19]
“There’s a misnomer around education, [...] They think that exposure to information is learning and I don’t think that’s true, or at least it hasn’t been for me.” [12:00]
“Most people have a dramatic underestimation of how much volume it takes to be successful.” [12:53]
“Be okay with the fact that you are going to suck and it is okay to suck, you should expect to suck, and it would be unreasonable for you to be good if you haven’t done it before, [...] are you asking the universe to be unreasonable for you by expecting to be good on your first try.”[14:02]
“If you can wait a year, you can make a ton of money. [...] If you can wait a decade you’re going to be above the one percent, [...] do the doing without seeing the result.” [26:09]
“Most people had a graveyard of failures before they had their actual first success.” [34:17]
“With 20 hours of focused effort most people can be pretty decent at something, [...] but most people spend years waiting to do the first hour.” [34:26]
“When you hear somebody speak and they really resonate with you, they give you the chills, you get excited, it’s because they’re either putting words to something that you felt but you didn’t know how to articulate and now it’s super concrete in your mind or they make you realize that you believe something that wasn’t true.” Tom Bilyeu [54:18]
“You’ve got to optimize for the game to be fun when you’re losing.” Tom Bilyeu [1:08:39]
“I judged myself so much on not being happy all of the time because I thought there was something wrong with the fact that I wasn’t happy that I drove myself insane not being happy rather than just being like, [...] ‘I’m just going to do the stuff and just f*ck happiness, for a minute.’” [1:21:03]
“The difference between rich people and poor people, successful people and not successful people is the degree to which they attribute or give power to their circumstance.” [1:33:23]
“You may blame your circumstances but no one else will care.” [1:34:54]
Follow Alex Hormozi:
Website: www.acquisition.com/
Twitter: / alexhormozi
UA-cam: / alexhormozi
Instagram: / hormozi
![ПОЛНАЯ ИСТОРИЯ ЭКЗОРЦИЗМА [Топ Сикрет]](http://i.ytimg.com/vi/qBySr6Bt0B8/mqdefault.jpg)
What was the biggest takeaway from the interview? Drop a comment below!
Hello, Tom thanks for such an insightful video. Please as a forex trader what advice can you give me as regards what you discusséd?
"Being clear of why we're here."
Work on one thing at a time.
That the law of attraction is actually real... Because I Recently started watching Alex "almost" as much as Tom, and now they're in the same room together... 🔥 🙏
Also, during the toughest "bleakest" time's, focus on the things you can control rather then the things outside your control.
Biggest takeaway: framing situations is key to successfully sell in various relationships (romantic, business, etc). Similarly, a strong frame can be used to persuade yourself to think helpful/empowering thoughts.
Will have to rewatch this and take notes!
borlest forbidden money books (thank me later)
My wife said something to me a few years ago that has kept a fire lit inside ever since. She said "If it will take ten months or ten years to accomplish your goal, the time is going to pass whether or not you do it. So it's better to just do it."
This video adds fuel to that fire. Thank you.
and your wife have ambitious goals? or she's just the person who do the talking and gives advices without actually doing things?
@@nacho6978 She runs her own business.
Yes indeed she’s right
This was actually powerful. Thank you.
Very smart woman
It is happening folks, the future of work is being redesigned. Yes, More tech companies wants to fire more workers from next week: "The third wave is going to happen next week. That affects everybody in the biz teams, including in my organization. It's just a time of great anxiety and uncertainty" Says Meta President.
Time and tide will not wait for any person. That means we must pay attention to how new technologies, and specifically AI, will make it easier for companies to become more efficient. Simply, this companies may not need a lot of workers, your bank may not need many staff. Your insurer may not need many workers. And the list keeps growing.
Is it time to require mandatory payment where even if you have no staff, you have to commit a certain percentage of your revenue which will be used to distribute to citizens as a "wage" alternative?
It has nothing to do with AI. Economic distress in America is enormous. Many banks have gone under. Inflation is biting harder. Ukrain miscalculation is obvious. Facebook has been using AI in most of its features and products for more than 15 years now, so Ai has nothing to do with it. They embarked on unprofitable projects. And over hired. Apple has never laid off employees despite the economic downturn. They did well in hiring and never had failed projects. Metaverse failed. Gaming projects failed. Fintech, Lira failed. In the last 20 months, Sanbberg left, nobody is there to "tame the lion"
Most Tech companies went woke: hired talents in order to prevent competitors from having access, they kept them idle, just to hijack a pool of talent. Over hired without proper assessment and protection. The existing projects couldn't turn in expected revenue, even before inflation war in USA set it. Let's put it in perspective without blaming AI. 95% of big tech have been using AI in the last 15 years. Building a passive income is a real hedge against inflation. Such is a thing that won't fail when the govt and the big tech fails.
@@BillAdamson-bp9ff focus on acquiring a trusted advisor who can guide you. With their assistance, you can engage in trading and generate profits in stock and cryptocurrency markets, even if you lack prior knowledge. Why not look up "Jennifer Puckett Hunter? She's a great fit
@@BillAdamson-bp9ff Why not look up "Jennifer Puckett Hunter?
51 years old. I have $295,588.25 in my Fidelity retirement account. I cranked my contributions up to 35% and I do all the investing on my own. Fidelity just holds my ETFs/stocks. I made that change earlier this year. I'm hoping to end the rat race by 60 but it's looking more like 63-ish. I want to have $1.5M and bring in about $60k in dividends each year. Pedal to the floor! Thanks for the video. Great content.
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
Having an advisor is essential for portfolio diversification. My advisor is *Lisa Angelique Abel* who is easily searchable and has extensive knowledge of the financial markets...
Oh my I know you aren’t the poorest but if you have a gofundme I would be more than happy to donate to your retirement
How do u do your own investing on your own? What platforms did you use to learn these skills? I want to learn. Im only 35 and a single mother who went back to college for the second time, just graduated from the medical field, but i still feel unsatisfied with my finances i will be getting from this education & i dont like the status it holds.. i want to be more and feel smart, successful & important.. for me & my daughter.. i want her to make good choices in life when it comes to education & finances. That’s why im asking. And thank you in advance.
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look
I want to build wealth through taking the time and effort to consistently invest but i lack good knowledge and strategy to outperform the market, yielding good returns. I have $60k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
i did a quick web search out of curiosity and i found Deborah , she has a good inv. background, i hope she responds to my mail on time
I'm in the top of the seventh of my life no education and now a retired barber I had a client who was a successful financial advisor but I never picked his brain we talked about sports travel and other topics he knew my financial situation and one day he called out of the blue and basically told me Andy start investing in xrp as much as you possibly can do the research and focus thats what brought me here !
3 Traits of Successful People:
1. Superiority Complex
2. Crippling Insecurities
3. Impulse Control to Focus
... This part hit hard!
Superiority complex and crippling insecurities?
@@newsoftheday420 yes, did you watch the episode?
@@thomas_malpass I did, ideally you don't want either of those traits and they clash badly.
@@newsoftheday420 I suppose, not every successful person is entirely the same.
Inferiority complex, maybe that’s what he meant to say
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $875k by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@@hunter-bourke21 Interesting. I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I'm been guided by "Camille Alicia Garcia." who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Camille. Has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
Especially in this challenging market, numerous opportunities exist to achieve impressive returns. However, executing such complex transactions requires the expertise of experienced market professionals.
Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.
Glad to see the bot’s are using chatgpt now.
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 $200k gains with months, I'm really just confused at this point.
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
I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are a lot of independent advisors you might look into. But i work with Viviana Marisa Coelho 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.
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.
Alex : Gary didn't have Gary, my competitive drive shifts from "just compete to others" to "do honor and service to the game and the other players by being an excellent player".
But Joni had Chachi so you tell me whose what and where's why.
Like a forest fire that wipes out the old trees to make room for new growth, bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around. I recommend you seek the guidance a brokerage advisor or portflio manager
I agree, I've been in constant touch with a Brokerage-Adviser for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
@@johnlennon232 that's heavy! I could really use the expertise of these advisers, my port-folio has been down bad....whose the person guiding
@@kimyoung8414 INGRID CECILIA RAAD is widely known. You can verify her and use her services if you want.
@@johnlennon232 Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
This is good to hear. After a nightmare year in 2022, investors are left with losses to make up for and a lot to consider. An inflation report and a slew of other data did little to alter expectations that the Federal Reserve would probably keep raising interest rates even if the economy slowed down, implying more negative returns for portfolios in the first quarter of 2023. How can I make money in the current choppy market? My $250k bond and stock portfolio is still up for debate.
I reckon you get in touch with an investment adviser, someone who’s been active before the 08' crash and other similar crashes, that gotta be your best bet in order to profit off this recession.
I agree, I was on the sideline for a while observing, trying to figure out the best time to get in, that was before I came by an advisor, commended by a pundit on Reddit, reluctant at first but I went ahead and got in touch with the her. Long story short, it's been 3years and counting and I've made over 1.5million dollars simply by following her guidance. I took a vacation to Bahamas last summer just to reward myself a little for the consistency lol
@@tampabayrodeo2474 I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?.
My consultant is Maria Juliana Ramirez. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so.
Very appreciative of this Pointer. Finding your handler was simple; she appears to be knowledgeable and adaptable. I scheduled a call with her.
I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?
It's hard to beat the market as an ordinary investor. You don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
My financial advisor is Lisa Angelique Abel . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio
S&P 500 is 11% return. Mutual funds with a 5 year track record is good also. Everything else is just gambling
This entire conversation feels like one cycle of a huge process. "Start, Shaking up beliefs, Outcome and experience, The next cycle"
years and years of it
My brain melted when I saw this come out this morning. Tom changed my life and Alex changed my business. This is the epitome of value, straight up. Thank you.
Exactly the same.
this may be one of the best talks on this show.
The question is how to convert your salary into the investment funnel without double taxation. you pay taxes once it's earned, then buy stocks and get taxed again once you sell. Want to invest over 300k on the stock market, how do I achieve this?
Having an investment adviser is the best way to go about the stock market right now, I've been in touch with a coach for awhile now mostly and I made over $800K within a year
Lisa Angelique Abel is my Advis0r. She has since provided entry and exit points on the securities I concentrate on. If you want to check her out, you may do so online.
Do not cast power to your excuses. Own your circumstances. Because no one else will.
Did you listen?
It’s awesome to be 22yrs old and to get pure gold content like this on the internet.
I feel the same at 26
same at 24
36...been listening to this shit for 10+years. I'm still an abject waste of life and a failure. Not everyone is successful...no matter what.
@@afinkeln please look at the 1:16:40 to the end again...
You are exactly twice my age... And probably don't need a kid to tell you this but...
Just remember that THIS moment is inevitable... No amount of grieving and regretting past choices or action will change the current reality.
You ONLY have a choice on how you respond (not react) to the current moment and form the future you want.
You seem to have accepted that you are an abject waste of life and a failure... That in itself is the most crippling belief one can have.
All our actions and thoughts depend on the identity we associate ourselves with.
For example a guy who think of himself as a failure would not even try to do something hard after that belief is consolidated, on the other hand a guy who thinks of himself as a winner will try it all and somewhere he'll win.
I myself though of myself as a failure and an abject waste of life until recently became of some mistakes and inaction.
But then everything told me that having this belief will NEVER do anything positive for my life.
I'd also like to quote Alex hormozi here... He said something along the lines of- I'd trade every single penny that I have just to go back in time ten years and this will keep on happening as my wealth and age increases. That kinda clicked a switch in my head... That if any billionaire would give all his possessions just to be in a position that I am in... Then why tf am I not living this moment consciously?!
You should know that Warren would give up all his wealth to be the 36 year old you. THIS MOMENT IS INEVITABLE. RESPOND TO THE CURRENT MOMENT CONSCIOUSLY.
Nothing matters... One day all will turn into dust and no one will remember you... Live the current moment instead of suffering it. Forget the things that you can't control and just fucus on what you can. Enjoy even the suffering because THIS MOMENT is all we have... Don't suffer you past and your imagination...
There are 8 billion people on this planet... Most of them just respond to life... They aren't ever conscious... Then they die.
Fuck that.
36 is young man still. Plenty of time to improve. I’m 33 and always seeking to improve. What are you doing these days that makes you a failure?
Me this entire episode:
“Write that down ✍🏼📝 write that down!”
(SpongeBob voice)
Whoever chose the placement of the ad for that discipline coaching program integration after Alex theory that high impulse control is one of the 3 character traits that leads to extreme success needs a raise ASAP
I also thought that ad placement was well executed.
I thought it was too obvious and it made me laugh at the cheek that it came so immediately. I mean do you applaud the bare faced openness of the timing or reject it as a seemingly manufactured moment that too perfectly led into the product ad? Maybe I'm just too altruistic and hate being sold to... best episode I've seen though. Really enjoyed it. Big props to Tom, it's the first Alex interview I've seen where he was listening to and taking notes from the interviewer, a true conversation. Rather than the interviewer sitting there open mouthed unable to keep up. REALLY raised Tom up in my estimation.
The conversation was natural. It just so happened that it created a perfect moment for the ad. @@jusfc
I'm not even kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it,Investing is a long-term game, so I try to focus on the long term.
I can't focus on the long run when I should be retiring in 3years, you see l've got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn't provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
I've been down a ton, l only hold so that I can recoup, I really need help, who is this investment-adviser that guides you
Olivia Maria Lucas really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Wilson. You can protect your retirment accts and investments by allocating them into gold and silver. If you would like to learn more and if this is a priority for you message me back
Why did it feel like I was having a mental breakthrough at first then started to feel like I was having a spiritual/emotional breakthrough? This interview was SO GOOD!
Get off the ecstasy you'll be ok
I feel so lucky to live in a time where we can freely access conversations like this 🔥💯🙏🏻
Grateful too
YES.
This is proof that a great future is coming our way
Absolutely. Make the best of it!
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@lawerencemiller9720 The coach I use is actually quite known, Eileen Ruth Sparks, she has a wide presence on the web, so you can just search her.
arent all those supposed to burst, when the next crash comes....?
This was some sophisticated bullshit 👌🏻 💩
I enjoy some things Tom has to say, but I would like to listen more what Alex has to say since he is the Guest and this is the time we have with him.
After the boom of business coaches and gurus, this is the first time I'm able to see total honesty on a person (Alex Hormozi), he wasn't going all around with fancy words or promising that things would be easy, reality is much more calm, natural and process oriented. More people trying to start their first business should be hearing this guy.
Tom, thanks for keep improving your awesome content. Genius.
“Exposure to information is not learning” - Exactly!
Omfg! LibertonCorp turned out to be a bloody smart move. I love love love this. I’m the wrong side of 40 so I’m taking this all on board IMMEDIATELY- thank you! Even if I run out of time my kids will benefit from this incredible education. Thankyou thankyou thankyou!!
This is insane, I have these two out of the three traits and lately have been discussing with my son that i lack the focus, and know if I just have a zeroed state of focus I can achieve the one thing I need to achieve my outcome. This, this is the day I lay down all my own bullshit and do what is nesseccary to love my focus more than my laziness.
You missed the point where Alex was talking about the fact that it's not about having them, because everyone has them, its to what degree you have them.
So how is it going?
you can do it brother
Honestly before seeing this comment I felt the same way. I’m 26 with a 14 month old. The childish mistakes I make while trading is over. Plus I’m cuttin the weed shit out until I have 10k. At first I felt as though it was helping but I just started to realize it’s a crutch I do not need. I need to face my problems head on if I want my trading to STAY consistent n not fluctuate as much as it does.
Thank you for being there LIBERTONCORP when I wanted you to..... I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way....whatever little I have been able to achieve in life is because of you today ..... I want to thank you for being there and showing me the proper way of doing thing for me you are my best guide as you truly showed me the way to life....once again , I would like to tell you a heartfelt thanks for being there.
I especially appreciated Tom sharing about his mental struggle with knowing you can do anything but that you can't do everything. I have struggled with that in my own life and it leads me to not take action towards anything. I will be benefiting from this interview for a long time, thank you both!
Feel free to write me, for more info and guidance.
Bro, this is me as well. I'm confident about being able to learn any skill for the most part and I have so many subjects and things that I study and learn and it's like I gst analysis paralysis
@@Q-Bandito totally! Since watching this interview, I've really tried to shift my mindset. I've always felt frustration and sadness about not being able to do all the things. Now I'm slowly starting to feel less of that and more joy and curiosity thinking about what it will be like if i only focus on a few things! I'm trying to think less and take more action, even if it's not perfect action. It's slow going though 🙃 Wishing you a bit less analysis paralysis (cause i know what the f that is like and it's maddening!!)
“When you’re starting out, everything looks like an opportunity.”
This is so true. That’s why it’s so important to know what you want and why you want it.
Then you can pick the opportunity that suits that best.
Thanks for watching...
Hit me up there☝☝
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss LIBERTONCORP
Women either... We have to work smarter, twice as hard & much longer to be recognized, acknowledged & get ahead...
@@calista1280 i dont agree with that.. especially not in america
@@botondszendrey5960 Well, you & I may not agree with it & I certainly wish it weren't so. But it is our everyday experience and it's happening none the less...
@@calista1280 idk maybe less agreeable but that’s with anyone
@JOHN Fuller I don't know what you're implying...
“Winners and losers have the same goals. It’s the willing to pay the price that is unique!” Powerful!
Creating multiple sources of income is highly rewarding. It helps in planning adequately for the future. Notwithstanding; it's quite a herculean task for one to go into trading or investment without a sound knowledge or guidance from a highly skilled expert. what's your take?
Trading with an expert has been the best way of making huge returns from crypto currency.
The common mistake we newbies make is without help and legit guidance from a professional.
Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.
The market is all about crypto now, you might want to look into it.
Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.
SO overwhelming just thinking about the fact that this interview even exists - Tom with Alex. Honestly, best thing that´s ever happened in UA-cam/Podcast History
Yeah
You're overwhelmed by an interview video? This is definitely a bit comment
This dude is going to destroy the social media space because he makes you want to listen to all his interviews
Best dude I’ve seen in awhile
He indeed drops many gems
I've tuned out about 40 times, actually.
@@PULAG sounds like a mental control issue. Should prob get that fixed.
@@PULAG Most people tune out, and most people aren’t super successful or aren’t cut out to aim to be super successful.
First, I loved Tom's breakdown of disconnecting from things and determining what he was anchored to. Next I loved when he asked Alex that question and Alex almost sank in his chair and exhaled. Awesome moment.
Tom’s ability to devour information is out of this world. Alex you can tell has a good soul and more importantly his character has likely proven that to be true. Unbelievable value thanks for never holding back.
"If you want to make the world a better place, doesn't that mean that the next generation has it easier?" I'll remember that. Excellent interview, and I can't wait for Hormozi's next book on selling.
This is my first introduction to Alex and I'm truly blown away. What I loved most about him, strangely, is that he REALLY KNOWS HOW TO LISTEN and uses silence like a PRO. His EQ is off the charts. Business and life advice was great too!
This video, less than 2 hrs long, can LITERALLY save lives. Amazing.
I can't go a day without consuming your content, there are times i feel like giving up but your content has ignited the striker in me from South Africa with Love.
⭐"How do you win in business? You win by not stopping."
This video would help a ton of small agencies across the globe clear their sales frame.
And will reduce the frustration for so many clients on so many meetings.
Power to both of your Alex & Tom 🙌
"'I wanna be the greatest of all time'...but if I did my job, I won't be" That gave me chills, Alex never ceases to amaze
I totally agree with what you are saying ....
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?
Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $98k every month so I’ve been sticking to investing via an Advisor.
My consultant is Carol Pasol Lewis. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly
What a profound thought... "What if this is the way its suppose to look or what if this is the way I'm suppose to feel?" I was literally sitting in my room looking around when Alex said that thinking Im not where I'm suppose to be, I want more, I dont feel good about it and then he said that and I was like.. wow! What if this is what its suppose to look like? What if this is what it looks like when you are on your way, on your journey and instantly I felt better. Now I can keep doing the things I need to do to move forward and drop the icky feelings about not being where I want to be in my life. Thank you so much for that!
Although< I have interests in global economics I don't watch the news anymore... I have enough FUD. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over £728k from day trading with Liberton Corp Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish....
This was an amazing interview to listen to this morning. I love how he spoke on doing the same thing, that one thing no matter how boring it gets everyday until you get the results. I’ve been telling myself this a lot lately and doing it. This was confirmation to keep going.
Thank you both 🙏🏾❤
Same here! This interview is Liquid fuel for the next two years. Go for the gold S Tramel! With persistence
Best part 40:00-42:00
Much respect to Alex sitting through this painful interview. The interviewer spent more time talking about himself in some sort of weird self gratifying, self validating soapbox performance. The whole convo always went back to the interviewer.
Agreed.
"THAT moment before the moment..."- wow! wow! what a revelation this was for me and a confirmation of what I sensed in the past in various moments in my life! thank you guys for this inspiring and uplifting conversation- I got so much value from it, I'll be sure to re-listen again. Thank you, thank you for the amazing wisdom and the gifts you're sharing so generously on this platform. I feel so grateful for being alive right now!!
Thank you Tom and Alex! The world needs more people like you! 👏🤗
Seeing Alex so excited explaing his frameworks, then seeing Tom not meet him at that energy level killed me inside. Poor Alex, I know is was not intentional by Tom
Trying to unpack all of this content. Its like going to school all over again. Being concise when communicating demonstrates confidence and also shows respect for the audience. Some would think an hour and half would be a long time to spend viewing this however I compare it to a week of lectures at University.
I’m so annoyed. I put podcasts on to help me sleep, but two hours later I’m still pausing this video to take notes because I can’t afford to simply hope to remember these things. One of the best conversations I’ve ever been witness to. Thank you both
P.S. the grandfather frame part gave me chills because I have evolved that exact thought in my mind and I couldn’t really articulate why it made me feel present!! Merci!
You should sleep in silence brother.
Yea these are not “to sleep” podcasts, these are definitely to level up
It s a good frame
😭😭 I cried when I heard about the 3 traits of successful people and when Tom was describing his experience of not feeling smart enough...soo resonated. It was like they were in my heart. Wow. Validation of my feelings was like rocket fuel today. Thank u for this interview!
UA-cam has been of great help to many facing challenges of making best decisions on what to invest in, I have racked up in profits $558,405 from $185k capital in august last year to be exact on my portfolio, after i watched a news interview on where Mary Freed Lorenz featured during an IPO and spoke proficiently, caught only her name and did a search later online.
This interview was GOLDEN. I really love Alex.
He says some good stuff here and there but he's mostly a b**********. A less aggressive Gary vee. Talks about not having something to sell and spend this interview explaining that he's going to have a bunch of products and courses on sale soon. It's fine just be honest. Something none of these people that go viral are capable of
Such a great conversation with 2 absolute best in class operators and entrprenuers
1. Daily habits lead to success
2. Grace with competitive fire
3. Focused attention outperforms scattered talent
Alex is the first persom to talk about the traits and NOT the "habits" that most people tell us to do in order to be successful. That is the most true statement because as he said there are rich people who are unhealthy and wakeup late. It's not about the habits. Each one is different... it's about the 3 TRAITS! WOW loved the podcast! So inspiring Tom!
He's genuinely an educator who cares. Huge respect hearing his story on Diary of a CEO.
Am i the only one who still doesn't understand
how forex and crypto trading works, How do l
get started with trade and what's the best way?
Everyone thinks btc is kinda easy but they'll
nervous to start
Growing an account requires dedication and
patience
first thing to do is to stop all form of trade
and seek the help of an expert to guide you
through. Allot of ppl shy away from this
thinking they could do it alone and end up
blowing up their account.
I'm making a whole Iot of profit off trading
stock.
I've watched your podcast countless times, and I am grateful for your guests and your questions. However, knowing that you and Alex are abundantly littered with money.... How much money does one really need to be successful, or happy? I know that I don't really need all that much. For me, my health, my children, my relationships and my ability to express myself through my creativity are my true wealth. As long as I can provide the necessities for them, as well as for myself, along with the deep love that I hold and share, I am the wealthiest person on the earth. Millions or billions of dollars are truly insignificant to me, and can only create a great deal of responsibility and stress. Make life simple. Be healthy. Love those who are closest to you. Be creative with the gifts that God gave you to share. And, be as presently in the moment of enjoying these blessings as you can. Nothing can be greater than this. I say this because neither of you seem to be any better off -- with all your financial wealth -- than I am.
Just realized this came out 11 days ago... Holy
You can just tell how much they're vibing w eachother in this convo, the reciprocation is so strong.
i watched this at the right time. i was feeling down with back to back 'failures', but after listening to this, not only my mood is better, I achieved a few small wins to end the day.
Thanks for watching, write me for more info and guidance.
I swear I had like 5 epiphanies within the first 40 minutes of this talk. Incredibly clarity of content. Thank you.
I'm 60 starting over and everything that could stop you has for me in the past. I rely on interviews like this to remind me NOT TO DO THOSE THINGS😂Don't wait people. Best advice Anyone can give you. Don't wait and don't stop.. This is a whole level of discomfort you don't want to have
It< makes sense, BTC and crypto is off helping to regulate, rather than pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 7 btc and 15ETH from day-trade with LIBERTON CORP Crypto in few weeks
Alex never fails to add so much value to these interviews, great work to you both !
I just love how Alex explains it all out in understandable bite-sized pieces.
I'm only 40m into this and I already have 5 pages of notes. Why have I never heard of this guy before? I'm on my third iteration as a business founder and he is just hitting all the notes. He is so straightforward, makes it so clear, and he is so humble. This should be required coaching, not just for business, but for life. All the theory in the world is useless without action and that action must be continuous, no matter how hard it gets. That thought alone is worth gold. I'm searching for more of his stuff.
Actionable and continuous steps are so important when it comes to doing anything in life that you want to get done and accomplish. I'm learning this more and more everyday.
1:21:32 For those of you that let people and circumstances get under your skin. This is a great lesson Alex shares here. I personally think this might be the secret to his success.🤙
That was great, thanks. Looking for TLDW; notes here
One of the more stupid things I've heard in my life. If it was that simple, depressed people could just 'learn' how to be happy by just imagining hypotheticals.
@@SajinKomamura-cp2zu I’ll pray for you.
This conversation should be SOLD. I’ve been on the grind for years and have not found the success I was hoping. This slapped all the realities of my failures dead in my face, instead of blowing some “feel good motivation” up my ass.
"Everything looks like an opportunity"...
This is literally the battle I've been facing since I realized that working for myself was even an opportunity!!
Alex said in another interview that "people literally just can't see it!"
He was talking about making money.
That's me! I see and know and dream of becoming someone who is financially well off, doing something that matters and lives a much better life- but I just don't know how to get there!!
Edit: this is why I keep watching these types of videos. I think I need to start reading books too, and decide WHAT it is that I wanna do. 💜
Or take it a step further and just start something. Or Take a sales job for a while Seriously. If you can make it through sales you'll really understand what it is to work for yourself.
@@thankdrew1173 exactly, i started in sales just 2 years ago after being a w2 minion for 35 years in the medical field.
Building my own biz for my self and my family has been the hardest most rewarding thing i have ever done on all levels, emotional, spiritual, and learning who i really am as a person.
Overcoming shiny object syndrome and my demons has been my hero's journey.
Just Keep 🏊....
I think the reason we get held up in the shiny objects syndrome is our fear of failing.. We mistakenly want something that will succeed right away..yet the rule is when beginning we must fail anyway. So we should just select one thing..focus in it by running 100 real world work experiments...fail & adjust.. 100 more experiments.. fail & adjust...then with patience& delayed gratification & more work under guidance of a mentor adjust again to succeed. Once something succeeds hold onto that and multiply that exact thing 100 times to a six figure income..multiply more that thing to even a seven figure. I think that's the gist of what he said..which I've never heard because it includes the failure & discipline cycles involved which most online gurus avoid.
Get into life insurance sales
What is/are your best skill(s) that you believe you have? What's your current job?
So cool to hear entrepreneurs talk about their life experiences and struggles but they refused to let it take them to the gutter. So inspirational, we didn't have this 15, 20 years ago.. we didn't have people whispering or telling us what better lies for you when you think you're sh*t out of luck.
Good point!!! Starting early and prioritizing your investment is the best way of getting ahead to financial freedom. I’m 53 and my goal is to hit a million before you so I can retire in 2022. Currently averaging over 20% monthly on my stock portfolio so I know I will get there. Time in the market beats anything else
Nice one! I'm turning 45 next month and always had a drive to retire early. The problem I face with the stock market now is how to analyze and pick the best stock for my portfolio. Do you think you can share some tips to invest in a healthy way as you are doing?
Hey Charles, It's usually best to ignore the trend whether bullish or bearish, and stick to a proper trading plan maybe with the help of a professional. I recently just started investing again so I am still in touch with the consultant that provides entry and exit points on the securities I focus on. She does all the technical analysis legwork while I go about my other businesses. You can use something else if you are the DIY type of guy, investing has no one way to do it.
@@bonifaciomazzanti1251 Pls who is your consultant? 😳 I could use a hand fr.
@@elizabethangus6628
@@bonifaciomazzanti1251 I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
Liked the reference point discussion. When it comes down to it, I suppose it is fear that stops people from achieving certain goals and even if you fail that's fine because it's the only way to adjust for success anyways. Plus when facing your mortality, none of it matters anyways so you mind as well do it or regret not doing it. This was a very nice video.
This guy gives actionable advice that can be implemented immediately ... Very thankful.
Alex and the words he shares are *POWERFUL.*
it was so cool to meet Alex in person at the studio. Super down to earth guy and very kind with his time and attention. Definitely one of my favorite people on UA-cam
If you change the L and the X around in your name it’s Alex
@@tonykato449 - ha! Top comment. 😂
@@tonykato449 the story of my life. Everyone gets my name wrong lol
This was a great video. Definitely hit certain areas I am working on currently. Thank you!
Alex is a fascinating case study on entrepreneurship. I remember gym launch from years ago. I subbed his YT at 10k just last year. He was talking about how content mattered more than video editing and production. He was doubling down on that idea. I remember his company websites looked like scams and phishing. Even his Acquisition logo is terrible. He was an absolute gem trapped inside awful digital production. He was already a millionaire so I could see how production quality wouldn't be high priority, but in the past year he realized you have to authentically connect online to sell online. BOOM! He hired one of GaryVee's old producers...Hit the podcast circuit and EXPLODED. I'm very excited for him and his wife. He has great content.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
So what I do is buy companies that are doing good things, executing on business plans and then short companies that are missing earnings, it’s as simple as that.
@@berwickperu7683 Lol Berwick, we’ve been in a rally for the last decade, you just gotta accept not everyone is as knowledgeable in the market to handle the opportunities a crash market presents
and unfortunately for me too, I got in 2019 right before the market’s melting point, I just hope I recover soon enough before retirement. Stay strong.
@@brownhilton2842 I think the market will suffer more downtrends before full recovery, esp. with the inflation, hiked interest rate and looming recession bound to happen 2023, you should understand the market is not just finance and valuation, it’s history, it’s market psychology, it’s understanding how the world moves, which is why at this point in time, it’s ideal to work with an Investment-adviser with an
unparalleled track record, from first hand experience, I could say they stand a better chance than most of us ever would and it has been reflecting on my portfolio. I made over $850k in net gains this year alone and I’m unbothered about the market outcomes cause I’m certain I’ll make a killing, it’s all perspective guys.
@@richardyepesdiego5702 that's huge. who's your advisor and how can one work with her?
@@diegolim6277 just Search and connect with 'Karen Marie Emma' .
She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets.
She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
It’s never the lack of
Resources, it’s the lack of Resourcefulness!
Cant thank you enough for what you do and provide to the public, much appreciated 🙏
Word, whenever I have read a book that is supposed to be incredibly educational , I often have felt that my personal life experience is more valuable.. and while I can pick up certain hacks to implement into my life, it's never been a book that has changed my life, it's been me going for it and making my own mistakes, and therefore learning from them and becoming better at something. This is especially true with spiritual books where a guru has laid out the truth about life, etc.. it has just never resonated with me bc I have either a) already learnt the lessons they are describing b) I have my own personal understanding of something, without needing someone else to tell me what is the 'correct' way of approaching/understanding something. This is obviously a very general explanation, and there are certainly exceptions where the author is so good at describing human psyche from an angle that I possibly could not come up with about a specific subject from that specific angle due to not having dedicated my life into trying to explain it in this way.. if this makes sense .. :D
“Meaning is self-prescribed” such an eye opener. Thank you for this content.
we are so lucky to be living in age and time that we get this kind of content for free and we can access it from anywhere!
The amount of value provided by this discussion is near the top of my list, thanks
So crazy to see so many “mentors” peers merge together to share knowledge.
Thanks for being the next gen. leaders.
I really enjoy it when the questions and responses get more personal. Their struggles become real and are very relatable. Great interview!!!
Napoleon Hill talked about organized thought in his book “how to own your mind” in 1941.
#1 the adoption of a definite, major purpose
#2 the creation of a practical plan for attaining the purpose
#3 a mastermind alliance with others
#4 take action
Sound familiar?
Alex is one of my favourite thinkers on this planet. His ability to make complex ideas simple is unmatched
Phenomenal interviewer. Tom listens AND asks the questions we want to hear. As simple as that sounds it's rare.
He has improved a lot over the years.
I heard Alex in different interviews saying the same thing in different ways, and every time I understand it more deeply
my two big bros finally meeting is so validating for my journey and struggle....so proud to be part of impact and hormozi nation! gonna put this on loop for the rest of the week!
3:00 tom is such a great host, great skills to make others feel good
Growing as an entrepreneur and everything that comes with it has been the wildest ride of my life! Everything about this conversation is enjoyable, relatable and inspiring. Thank you!💎
I have listened to quite a few of Alex Hormozi's interviews, I like this one the the best. Helps me to identify and overcome the things that are keeping me from taking action.