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Tom Bilyeu's Impact Theory

Turning $0 Into $100 Million: How To Make So Much Money You Question It's Meaning | Alex Hormozi PT 1

Tom Bilyeu's Impact Theory

Impact Theory

Business, News Commentary, News

4.7 • 5.2K Ratings

🗓️ 16 January 2024

⏱️ 84 minutes

🧾️ Download transcript

Summary

Ready for some power-packed motivation and instruction that make $100M in less than 7 years totally possible? Join me in this episode of Impact Theory with the revolutionary entrepreneur, Alex Hormozi.  This two-part episode is for those who desire the ultimate traits for success and want to know how to harness them to their benefit. Alex embodies the 3 traits of the ultra-successful: a superiority complex, crippling insecurity, and unmatched impulse control. But remember, merely possessing these traits isn't enough.  “Experts are not more disciplined than you, they’ve just found more ways to win.” -Alex Hormozi Follow Alex Hormozi: Website: https://www.acquisition.com/  Twitter: https://twitter.com/AlexHormozi  YouTube: https://www.youtube.com/c/AlexHormozi  Instagram: https://www.instagram.com/hormozi/  SPONSORS: If you purchase an item using these affiliate links, Impact Theory may receive a commission.  Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://drinkag1.com/impact. Try Audible free for 30 days! Just visit https://audible.com/impacttheory or text impacttheory to 500-500. ButcherBox is offering our listeners their choice of meat—2 lbs of ground beef, 3 lbs of chicken breasts, or 2 lbs of salmon—for free in every order for a whole year! Plus, get $20 off your first order.Sign up today at https://butcherbox.com/impact Right now, download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance - absolutely free, at https://netsuite.com/theory Start your free online visit today for your personalized ED treatment options at https://Hims.com/IMPACT. Prescriptions require an online consultation with a healthcare provider who will determine if appropriate. Restrictions apply. See website for details and important safety information. Subscription required. Price varies based on product and subscription plan. Right now get 55% off your Babbel subscription - but only for our listeners - at https://Babbel.com/IMPACTTHEORY. Secure your digital life with proactive protection for your assets, identity, family, and tech – Go to https://aura.com/IMPACT to start your free two-week trial. Go to https://tryfuture.co/IMPACT to get 50% off your first month and improve your health today! Take control of your gut health by going to https://tryviome.com/impact and use code IMPACT to get 20% off your first 3 months and free shipping. IT ***Are You Ready for EXTRA Impact?*** If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. * New episodes delivered ad-free * Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more * Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list * You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: *Legendary Mindset: Mindset & Self-Improvement *Money Mindset: Business & Finance *Relationship Theory: Relationships *Health Theory: Mental & Physical Health *Power Ups: Weekly Doses of Short Motivational Quotes  *****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz***** Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to the Impact Theory podcast, your source of empowering ideas and actionable techniques from the world's highest achievers.

0:08.5

Join host Tom Bill You, serial entrepreneur and co-founder of the billion-dollar brand Quest Nutrition,

0:14.8

on a journey to unlock your potential and realize your vision of success.

0:19.4

Welcome to Impact Theory.

0:26.2

You lay out three traits of ultra successful people.

0:30.2

I don't know if they're yours or if you read them somewhere.

0:33.4

This is so brilliant.

0:35.5

And when you said it, you put words to something that I have felt for a very long time.

0:40.3

Yeah.

0:41.3

If you don't remember them, I have them here, but if you remember them.

0:44.3

I remember them, yes.

0:45.3

And so it's, there's three traits that people, when they looked at, because they were trying to find habits of highly successful people.

0:52.3

And when they actually pulled apart, it's not, you know,

1:13.4

and I hope I'm not contradicting anything. But there's people who are really rich who wake up really late and work really late. And there's people really rich who wake up really, really early. And there's people who are really rich who eat really healthy. And there's people who drink Coca-Cola and eat French fries every day. And so there's all these things that we want to make as truths, but there's easy examples that counter those things.

2:20.7

So it's like, what are the few things that are true, or at least that seem to be present in all of the situations? And it seems as though they were surprisingly few. And so the three common trace that they had, that they had found were one, that people have a superiority complex. They believe they're better than others, and they believe that they deserve more than everyone else does, and that they can accomplish big goals, right? So they have a bigger vision because they believe they deserve it or whatever it is, that they were able to identify that. The second thing that they were able to identify is that they had crippling insecurity, which is a paradox of paradoxes. They feel they'll never be enough, and they'll always be measured against the things that they've achieved. And so you've got this crazy dynamic between they think they're better than everyone. They think they deserve more. They want to go after this big hill. And at the same time, they fear they'll never be good enough. They'll never actually achieve it and they actually suck. And then the third piece, which kind of adds the beautiful like mix of this is impulse control. And so they're able to control their actions and focus on a single thing for an extended period of time. And so if you put those three things together, it's like you've got a big goal that's pulling you this way. You've got this big fear that you are running away from, and then you've got impulse control to keep you focused on the one thing that matters. And if you do that, if you are the type of person who has those traits, then you are very likely to be successful. You gave me the chills twice while you were explaining that.

2:24.6

So this is, I'm often asked like, hey, you know, what does it take to be successful or how did I

2:31.1

get successful? And I'm like, from the time I was a little kid, so I grew up lower middle class and, but from the time I was a kid, I told everybody, I am going to be rich. Like you don't understand. I'm going to be rich. I was so angered by not being able to get the things that I wanted as a kid. And I had a little problem with authority. And so I felt like I was being told that I had this box of staying. I was like, no, no, no. I'd always had these crazy dreams. And I just believed I could make it come true. Yeah. But I'm terrifyingly insecure that I'm not smart enough to pull it off. And I have something I need to prove to myself, to my wife, my father-in-law,

3:08.2

my own parents. Like, I just, fuck. No matter how much I achieve, I still have this, right? So I,

3:15.1

I have this crushing need to validate myself and to feel like, no, you really did have it, kid.

3:21.8

Yeah. And, but I am psychotic at my ability to delay gratification.

3:27.5

Yeah.

3:27.8

Like, I can suffer and toil and grind and just like, I don't need to eat the marshmallow

...

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