Canadian Wealth Secrets Volume Negates Luck: Hot Take On Alex Hormozi’s Favourite Business Phrase [Secret Sauce Ep4]
Ever heard the phrase “Volume Negates Luck”?
Today, we dig into Alex Hormozi’s phrase describing how consistent, repetitive actions in business and wealth-building can create opportunities that seem like luck but are actually the result of deliberate effort.
This concept can directly impact anyone striving to increase their financial success, as it shifts the focus from hoping for a lucky break to actively creating one’s own opportunities.
For many, the challenge lies in feeling that success is random and out of their control. By understanding and applying the principle that increased effort and volume lead to better results, listeners can transform their approach to wealth-building. Whether you’re working a traditional job, running a business, or investing, this episode provides actionable insights to help you achieve your financial goals through sustained effort and strategic planning.
- Discover how to create your own luck in entrepreneurship, business or investing through consistent effort and increased volume.
- Learn strategies to apply this principle to your investment and wealth-building journey, regardless of your current financial situation.
- Gain practical tips for dedicating more time, effort, and resources to maximize your business and financial opportunities.
Play this episode now to uncover the secret to turning hard work into guaranteed success and start creating your own entrepreneurial, business and financial “luck” today.
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Calling All Canadian Incorporated Business Owners & Investors:
Consider reaching out to Kyle if you’ve been…
- …taking a salary with a goal of stuffing RRSPs;
- …investing inside your corporation without a passive income tax minimization strategy;
- …letting a large sum of liquid assets sit in low interest earning savings accounts;
- …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
- …wondering whether your current corporate wealth management strategy is optimal for your specific situation.
By hopping on a discovery call with Kyle, he will review your specific personal and corporate financial situation in order to determine if there are some quick wins available for you to minimize taxes personally or corporately, provide ideas for how you can increase your personal cash flow, and ensure that the net worth of your estate continues to grow in tandem.
This episode digs into a ton of great ideas from Alex Hormozi and we apply them to entrepreneurs, business owners incorporated and sole proprietors, investors and all those seeking financial freedom or early retirement. Our goal with this episode is to highlight how consistent effort and volume of capital can help you reach your financial goals better than investment rates of return.
Ready to connect? Text us your comment including your phone number for a response!
Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.