The Game with Alex Hormozi

UNDERSTANDING REAL COSTS, OPPORTUNITY COSTS, AND REAL BENEFIT* DAILY CASH FLOW VS PROJECTED (and how to turn what you want into what you got). | Ep 42

5 snips
May 2, 2018
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Daily Income vs Offer Value

  • Daily income can exceed tempting one-time offers, making such offers less valuable.
  • Alex's business generates about $65,000 daily, surpassing the turned-down offer.
INSIGHT

Projected Income Guides Decisions

  • Projected future income guides acceptance decisions more than current offers.
  • Alex won't accept less than his projected daily income of $50,000 or more.
INSIGHT

True Cost of Time Investment

  • Real cost includes prep, execution, recovery, and aftermath time, often overwriting initial time estimates.
  • Side projects require more effort and customization, reducing daily income equivalency significantly.
Get the Snipd Podcast app to discover more snips from this episode
Get the app