The Game with Alex Hormozi 3 Ways To 10x Your Income Next Year | Ep 802
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Dec 10, 2024 Discover how arbitrage can supercharge your income by taking advantage of market price differences. Learn the benefits of relocating to lower-cost areas and networking in affluent circles. Delve into strategic pricing techniques that differentiate luxury versus premium products. Explore innovative marketing strategies that leverage connections to maximize revenue. This discussion is packed with actionable insights designed to help you scale your business and boost your income significantly.
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Alex Hormozi's Income Trajectory
- At 17, Alex Hormozi earned $6/hour at Smoothie King; by 28, he reached $18,000/hour.
- This demonstrates income growth through various strategies discussed in the podcast.
Arbitrage as the Core of Profit
- Arbitrage, buying and selling assets between markets, underlies all profit.
- Even skill differences represent arbitrage, leveraging information advantages.
Arbitrage at All Levels
- Start arbitrage with limited resources, focusing on the differential between cost and selling price.
- Wealth is a ratio of spending to income, so decrease expenses to feel rich.
