Mastering Wealth through Reciprocity, Time, & Sacrifice | Ep 435
Podcast: The Game w/ Alex HormoziPublished On: Tue Sep 13 2022
Description: Wealth is based on the fundamental unit of money. Money is a foundational unit of time. Today, Alex (@AlexHormozi) talks about how mastering wealth is rooted in how you master your time and money, the 3 traits that the ultra-successful share with one another, and how other factors such as reciprocity & sacrifice should matter in your journey to success.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:(0:43) - Reciprocity can't be forced; maintain consistent demand in business.(3:18) - Provide value exceeding payment; ask how to overdeliver consistently.(4:44) - Leverage in business is the ratio of inputs to outputs.(5:46) - Master time to master money; micro and macro perspectives.(10:04) - Success traits: Superiority complex, insecurity, fear of failure, impulse control.(12:59) - Question sacrifice: Why aren't people willing to sacrifice?Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
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