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In this podcast, Alex Hormozi talks about the difference between infinite and finite games, the advantages of a longer time horizon in audience building, applying the concept of time horizons to employees and hiring, importance of bringing in smarter and better people, trading fear for fulfillment and long-term gain, pruning relationships and removing growth detractors, and finding enjoyment and prioritizing consistency.
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Quick takeaways
- Wealthy individuals adopt a buy and build strategy instead of selling, allowing for continuous growth and expansion of net worth and equity.
- Adopting an infinite mindset in life, business, and relationships leads to sustained growth and long-term success.
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The Importance of Buy and Build Strategy for Wealth Creation
A key insight from the podcast is that wealthy people adopt a buy and build strategy instead of selling. By consistently accumulating net worth and equity, they can expand their wealth. Selling often involves switching equity for something that can provide short-term gains, but buying and building allows for continuous growth and expansion.
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