Investing Myth

Summary

• Investing is not about how many companies you put money into; it’s about the quality of those investments.
• Having one successful investment like Facebook can be more meaningful than having multiple less successful side hustles.
• I focus on investing in a few high-quality companies rather than spreading my resources thin across many average opportunities.
• It's important to prioritize quality over quantity when it comes to investment choices.

Video

How To Take Action

To make sure you're making smart choices with your money and time, here's what you need to do:

First, think quality, not quantity. If you have a business idea or an investment opportunity, ask yourself: "Is this really top-notch?" You want to look for gems, like that one amazing company, instead of scattering your energy over lots of small things.

Second, put your effort and money where it'll make a big difference. Instead of having lots of little side projects, find that one thing that can be like Facebook for your business.

Third, make a list of all the things you could do or invest in. Then, really look hard at each one and ask, "Will this bring me big results?" Keep the best, forget the rest.

Lastly, remember that this isn't about how much you do, but rather how good it is. So, when you're thinking about growing your business or your own skills, pick things that are worth it—things that will really help you shine and succeed.

By doing this, every step you take will count way more, and you'll see bigger rewards for your hard work.

Quotes by Alex Hormozi

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Full Transcript

the thing about investing in general is that it's not a game of quantity and so that might seem counter to like my advertising strategy of of making content because we get so much inbound deal flow but if you think about it like if you invest in one Facebook you only need one Facebook I don't need 11 other side hustles like it would be better for me to just invest in few high quality companies which is why for us it's a definitely a quality over quantity game