Success is about taking the first step without having a clear plan for the thousand steps that follow. By starting and making progress, the subsequent steps become clearer. It is more effective to begin and figure out things along the way than to wait until every step is planned out due to fear of failure. Value and skills are crucial in offering help for free to gain experience and build a network. Learning through practical experiences like working in the gym and attending workshops can lead to starting a business. Constant learning through free resources and targeted reading seasons is essential. Investing in knowledge, like paying for one-on-one sessions to learn specific skills, is beneficial. Joining masterminds and being exposed to diverse thinking can broaden one's perspective and push to think in bigger increments, avoiding distractions with insignificant opportunities. The key to success is making decisions that focus on high leverage activities and opportunities rather than wasting time on low-value endeavors.
“The biggest difference between rich dads and poor dads is that rich dads teach their kids to think in bigger increments.” Today, Alex (@AlexHormozi) shares his personal experiences and methodology for effective learning. He clarifies misconceptions about his habits, emphasizing he does not read regularly, but targets specific areas based on what he needs to know next. He encourages identifying points of deficiency, filling these knowledge gaps through targeted reading and practical applications
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(1:50) - The importance of identifying your learning needs
(2:51) - Value of masterminds and coaching
(3:58) - Importance of doing and learning from action
(6:33) - Experience with masterminds and workshops
(9:11) - The power of thinking in larger increments
(10:02) - Clearing up misconceptions about high ticket purchases
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(This episode is a re-run. Original airdate was on October 11, 2022)