I came across Youtube Videos of Alex Hormozi, about Why Entrepreneurs stay broke and sad, and here are my notes:
- Be wary about superstitions which you believe is the source of your productivity. It weakens you because in reality, we humans doesn’t really need those stuffs. Like we really don’t need caffeine to be productive. We just became reliant on those things and that what makes us weak.
“You are the source not the reaction.”
- Be credibly cognizant of what you speak to yourself. “I am” statements are very powerful statements because those are what we believe in ourselves. If a statement wont serve you, then stop saying that.
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I also binge watched his other videos and here are the lessons:
4 Skills of Billionaires
- Ability to raise and multiply money
- Ability to capture and multiply attention
- Ability to return time to other people at no incremental cost to yourself at scale
- Ability to influence the behaviour of others at mass scale
5 things billionaires think that millionaires don’t
- The size of opportunity
- Product over promotion (product good enough)
- Genius with slaves over army of smarter peopl
- Big talent chases only big opportunities
- Easier to build big businesses because it attracts big talents
- Time horizon
- Time as assets, opportunity expanding
- Prefer a game when you wait, you win. Rich slowly for sure
- If I do this in the next ten years
- Brand