Strategy For The Ultra Wealthy | Ep 316

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 8 July 2021

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Be like the wealthy! Today, Alex (@AlexHormozi) talks about the tax strategies that the ultra-wealthy do to maintain their wealth, and get you to change your perspective so you can not only make big changes in your life but also become one of them in the future!

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(1:37) - The first way to follow the ultra-wealthy is planning where you live (i.e. tax state or country you live in)

(4:08) - The second way is to change the way you think about buying/changing your buying habits

(9:40) - Your worth is going to come from growth. And none of that has to be taxed.

Follow Alex Hormozi’s Socials:

Transcript

Click on a timestamp to play from that location

0:00.0	Hey guys, real quick.
0:01.0	So Layland and I are definitely working on our social media presence if you guys haven't
0:03.7	noticed.
0:04.7	And we're just breaking now into linked in.
0:06.2	Alright, it's not as bad as I thought.
0:08.0	It's actually been pretty awesome so far.
0:09.6	And you guys have been really cool in there and people are sharing our stuff a lot.
0:12.4	So if we aren't connected, on LinkedIn, go ahead and let's connect and let's rock and roll.
0:17.2	In this video, I want to talk about the tax strategies of the ultra wealthy.
0:20.5	And as someone who is ultra wealthy, I find it ironic that the vast majority of videos that
0:23.7	I see on YouTube are made by people who are not ultra wealthy talking about how the ultra
0:27.1	wealthy do things when they have no transparency with their actions.
0:29.7	And that's actually all.
0:30.7	And so, welcome to the game where we talk about how to get more customers, how to make
0:34.1	more customers, how to keep them longer.
0:35.8	And the many failures and lessons we have learned along the way.
0:38.2	I hope you enjoy and subscribe.
0:39.8	So, I have gone through, that's probably 750,000 dollars on different tax advisors, different
0:45.4	tax strategies, to try and figure out at least the US system to minimize tax drag.
0:52.4	And the conclusions that I have are somewhat simple and I want to share this with you so
0:56.4	that I can hopefully help you avoid a lot of the headaches and pain that I had to go
0:59.8	through in this process.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Alex Hormozi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Alex Hormozi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.