
The Game with Alex Hormozi
Time Horizons | Ep 374
Mar 10, 2022
Explore the importance of long-term thinking versus short-term gains in wealth accumulation. Discover how to foster deeper relationships and meaningful hiring practices. Learn why continuous improvement in marketing can create lasting customer loyalty. Alex emphasizes the need for patience in both business and personal decisions. He encourages a commitment to a healthy lifestyle and intentional living for greater fulfillment. This journey of growth is all about embedding a long-term mindset in all aspects of life.
23:20
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Quick takeaways
- Wealthy individuals focus on buying and building assets rather than constantly selling, leading to long-term financial growth.
- Having a long-term perspective is crucial in business, marketing, and decision-making for continuous play, growth, and lasting value.
Deep dives
The Importance of Buying and Building for Wealth
Wealthy individuals focus on buying and building assets rather than constantly selling. Selling often results in shrinkage due to taxes and requires reinvesting in a new opportunity. By consistently buying and building, people can accumulate net worth and equity over time, leading to long-term financial growth.
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