Rich People Behavior | Ep 287
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 30 March 2021
⏱️ 14 minutes
🧾️ Download transcript
Summary
Did you know…Rich people actually spend less? Today, Alex (@AlexHormozi) talks about the key traits that wealthy people possess, why it’s important to possess the necessary skills that will help you on your path to success, and how to grow your money as you’re hustling.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(0:17) - The power of skills over money
(1:33) - Investing in real estate vs. buying a business
(3:56) - Negotiation tactics and seller financing
(7:00) - Personal experience: expanding gym locations
(10:15) - The philosophy of wealth and risk management
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
Transcript
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| 0:00.0 | Hey guys, real quick. So Layland and I are definitely working on our social media presence if you guys haven't noticed and we're just breaking now into linked in. |
| 0:06.4 | Alright, it's not as bad as I thought. |
| 0:08.1 | It's actually been pretty awesome so far and you guys have been really cool in there and people are sharing our stuff a lot. |
| 0:12.2 | So if we aren't connected on LinkedIn, go ahead and let's connect and let's rock and roll. |
| 0:17.2 | These people actually spend less money. |
| 0:20.8 | They have less desire to spend money. |
| 0:23.9 | Welcome to the game where we talk about how to get more customers, how to make more per customer, |
| 0:27.2 | and how to keep them longer and the many failures and lessons we have learned along the way. |
| 0:30.6 | I hope you enjoy and subscribe. |
| 0:33.4 | What is going on everyone? |
| 0:34.7 | Today we're going to talk about a fun topic which is I got a message yesterday from somebody who said, you know, who's dead broke and was like, |
| 0:42.5 | what do I do? All that kind of stuff. |
| 0:43.9 | And so I think I've talked in the past. |
| 0:46.8 | I'll probably do another one about when I've lost everything. |
| 0:50.3 | What I did step by step to I think that the after I lost everything the next month, |
| 0:55.8 | I did 110,000 dollars on sales. |
| 0:58.6 | And that was not sales. |
| 0:59.6 | I was cash collected in the next 30 days. |
| 1:02.4 | So like you absolutely just need skills. |
| 1:05.3 | You can have nothing else in your life. |
| 1:06.9 | And a beautiful thing is that no government can take it from you. |
| 1:09.4 | No person can take your skills from you and divorce. |
... |
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