The Game with Alex Hormozi How to Identify How Wealthy Someone is Going to Be | Ep 393
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May 26, 2022 Discover the key traits that signal future wealth in individuals. Learn about the importance of measuring wealth and how expanding your financial vocabulary can open doors. Dive into the marshmallow test and how impulse control correlates with success. Alex emphasizes the value of time in wealth accumulation, highlighting the need for speed and perspective. Surrounding yourself with successful people is also a crucial element in your journey towards financial prosperity.
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Measuring Sticks of Money
- Wealthy individuals tend to think about money in larger units.
- Increase your "base unit" of money to shift your perspective and pursue higher-value opportunities.
Micro Time Management
- Act and communicate faster to compress time and achieve more.
- Rapid execution and communication drastically accelerate progress.
Macro Time Perspective
- Wealthy people have a long-term perspective, measured in decades, not days.
- This long-term vision enables them to delay gratification and build significant things over time.