What Crypto and Real Estate Taught Me About Investing | Ep 710
The Game with Alex Hormozi
Navigating the Perils of Deceptive Investment Opportunities and Learning to Partner Wisely
Deceptive investment opportunities often appear too good to be true, leading to a risk of being scammed. One key aspect is to assess the length of time someone has been involved in an investment opportunity before considering it, with a preference for long-term commitments. Partnering with experienced individuals who have skin in the game can significantly reduce risks. Recognizing the fear of missing out (FOMO) as a signal to slow down and prioritize steady gains over risky ventures is crucial. Investing in proven marketing and sales opportunities rather than quick investments has shown to be more lucrative in the long run.
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