How to Get Out of Poverty
Summary
- Understand ownership: The first step to overcoming poverty is taking responsibility, saying "my fault".
- Empower yourself through accountability: Whether or not it’s actually your fault, acknowledging that it's your problem gives you the power to change the situation.
- Action begets results: Making 100 cold calls and practicing the script will inevitably lead to business, regardless of how you feel about it.
- Consistency leads to success: Repeated effort in sales, or any skill, will yield results.
- Embrace personal responsibility: You must tackle your challenges head-on because waiting for someone else to solve them isn’t an option.
Video
How To Take Action
To get started, look at what you can control and say, "my fault." This isn't about blaming yourself, but about giving you the power to change things. To make this real, write down the top three things you want to fix in your business or life. Next to each, write down one action you can take to start fixing it.
If you're struggling to get customers, one powerful action is to make 100 cold calls. Don't worry about how you feel making these calls. Just practice your script and keep track of your calls. Do this, and business will come. For practice, find a script online or write one about what you offer. Then, role-play before you start your calls to feel ready.
Be consistent. Aim to make calls every day or work on your skills regularly. Remember, repetition makes you better. Pick one skill you need to improve, like sales talk or product knowledge. Spend at least 30 minutes every day working on this skill. Use free resources online, like videos and articles, to learn more without spending money.
Remember that no one else will solve your problems. When you face a challenge, tackle it right away. Find the smallest step you can take to start dealing with the issue. Write it down, and put a time by when you'll do it.
By taking ownership, being accountable, taking action, staying consistent, and embracing personal responsibility, you can make a big difference without needing lots of money or time.
Quotes by Alex Hormozi
"The first two words of getting out of poverty are 'my fault'"
– Alex Hormozi
"It doesn't actually matter if it is your fault, but it is your problem"
– Alex Hormozi
"That allows you to actually do something about it"
– Alex Hormozi
"If you make a 100 cold calls, whether you hate it or you love it, and you practice the script, you'll get business"
– Alex Hormozi
"Anyone can do the thing and get the result no matter how they feel about themselves"
– Alex Hormozi
Full Transcript
the first two words of getting out of poverty are my fault and the thing is it doesn't actually matter if it is your fault but it is your problem that allows you to actually do something about it if you make a 100 cold calls whether you hate it or you love it and you practice the script you'll get business anyone can do the thing and get the result no matter how they feel about themselves you have to solve it cuz no one else will