

My 42 Rules Of Money | Ep 834
1752 snips Feb 7, 2025
Discover 42 essential rules for mastering money management and investment strategies. Learn why saving trumps income and how to navigate your financial journey wisely. Shift your mindset from competition to collaboration for wealth creation. Negotiate effectively and make informed investments while avoiding the pitfalls of ignorance. Finally, specialize in one investment area to improve outcomes, focusing on cash flow, risk management, and a long-term wealth-building strategy.
AI Snips
Chapters
Transcript
Episode notes
Scaling Roadmap
- Get Alex Hormozi's free Scaling Roadmap at acquisition.com/roadmap.
- It breaks scaling into 10 stages and 8 business functions, showing problems and solutions.
Savings Over Income
- Focus on your savings rate, not just your income.
- Your savings, or profit, is the true measure of financial success.
Document Money Rules
- Document your money rules, like decision-making algorithms (if this, then that).
- Alex Hormozi was advised by mentors to document his money beliefs, leading to 42 rules.