When you do the dollar cost average thing, everyone gets excel rich. By the time you retire with $4 million on that excel sheet, $4 million will be a million dollars today. People aren't taking the inflation into account. The nice thing is if you're poor right now, I mean, you have learned how to live on less. So keep living on not a lot.
"Everyone knows something.” Today, join Alex (@AlexHormozi) as he guests on Deep Dive with Ali Abdaal to talk about various topics related to entrepreneurship and making money, including pricing strategies, achieving multiple millions, and transitioning from a low-income job to a six-figure income. He also offers advice on how to achieve financial success and stresses the importance of having the right mindset and dedication. This is part 1 of the interview.
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.
Check out the episode on Ali Abdaal’s YouTube Channel!
Timestamps:
(1:39) - Pricing strategies and achieving millions
(8:41) - Transitioning from employee to entrepreneur
(16:16) - Trading time for money to learn & pay down ignorance debt
(29:59) - Benefits of learning vs. earning
(36:31) - Increasing income through skill development
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