The Game with Alex Hormozi How the Top 1% ACTUALLY Make Their Money | Ep 811
Dec 23, 2024
Discover the secrets of the wealthiest individuals and how they build their fortunes through strategic investments in education and technology. Explore the triad of business success—building, selling, and leading—and learn the art of niche marketing for better conversion rates. Delve into the wealth-making mindsets of the top 0.1% and understand the importance of mastering essential skills. Uncover innovative investment strategies beyond traditional assets, emphasizing the significance of self-investment for personal growth and effective leadership.
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Global Wealth Drivers
- The top 1% of countries prioritize investing in education and technology to boost GDP per capita.
- These countries understand that time and people are fundamental inputs, and enhancing skills and tech maximizes output.
Technology's Impact
- Technology enhances productivity by increasing output and improving the quality of work.
- It allows individuals and countries to leverage their time more effectively, regardless of their starting point.
Individual Wealth Creation
- Individuals in the top 0.1% often excel in building, selling, and leading (BSL).
- These skills create leverage, allowing one person to benefit from the aggregate production of others.