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The Ultra Rich Playbook [Legal and Tax-Free] | Ep 718
The Game w/ Alex Hormozi
Measuring Wealth and Opportunities for Success
Wealthy individuals measure their wealth and opportunities over longer time horizons and in terms of large monetary values, such as a million dollars. They prioritize saying no to opportunities that do not align with their long-term goals, focusing on income generation, skill-building, and being selective about high-return opportunities. Surrounding oneself with individuals with bigger measuring sticks can lead to higher leverage opportunities. To achieve extraordinary success, one must have the ability to form unique conclusions and act on them confidently, even if it contradicts popular choices. Additionally, seizing opportunities often involves taking calculated risks and making bets where one has an information advantage over others.
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