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How To Get Ahead of 99% of Entrepreneurs | Ep 602
The Game w/ Alex Hormozi
The Importance of Leverage
Warren Buffett shares a quote about leverage and how it determines success. He compares his own success in investing to his friend's success in the steel business. Warren emphasizes that it's not about how hard you work, but rather the industry or field you're in. He highlights the concept of leverage and how it can lead to higher returns. The speaker also mentions their own career and how they now have more leverage than before, resulting in greater rewards. They plan to show two triangles that demonstrate increasing levels of leverage, one of which they borrowed from Naval Ravikant.
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