Secret to Building Big Businesses

Summary

• When planning for financial growth, understand that you can't do everything; focus is crucial.
• If you're aiming for significant financial success in 10 years, adopt a different strategy than for short-term gains.
• Building a solid foundation for a large venture, like a 100-story building, can take as long as constructing an entire 10-story building.
• Others may seem to progress faster by constructing smaller projects, but a strong foundation is key for larger, lasting success.
• Be patient when your endeavors don't show immediate results; the groundwork you're laying is essential for future growth.

Video

How To Take Action

I would suggest focusing on what's most important when planning for financial growth. You can't do everything at once, so it's smart to pick just a few things that can make a big difference without costing a lot of money or taking too much time.

If you want to see big results in 10 years, think about playing a longer game. This means creating a strong base for your business or for your personal growth, just like a huge skyscraper needs a deep foundation. Don't worry if this part seems slow. It's all about getting ready for the future.

Remember, building something that lasts long, like a big building, might take the same time as making a whole smaller building that you can see right away. But even though smaller stuff can show up faster, having a strong foundation means you'll be set for something way bigger and better in the long run.

Be patient if you don't see quick wins. It's like when you're building the base of a 100-story skyscraper. You don't see it going up for a while, but that strong base is what lets your building reach the sky later. The work you're doing now, even if you can't see it, is super important for growing big and strong later. Just keep at it!

Quotes by Alex Hormozi

"The number of things you can do is very limited"

– Alex Hormozi

"If you want to make more money in 10 years you take a very different play"

– Alex Hormozi

"The amount of time it might take to build 100 story buildings Foundation might take the same time it takes to build the entirety of a 10 floor building"

– Alex Hormozi

"Somebody else building a 10 floor building might happen way faster than you"

– Alex Hormozi

"Yours is just continuing to build this base before you start building up"

– Alex Hormozi

Full Transcript

the number of things you can do is very limited if you want to make more money in 10 years you take a very different play the amount of time it might take to build 100 story buildings Foundation might take the same time it takes to build the entirety of a 10 floor building above the surface somebody else building a 10 floor building might happen way faster than you couldas yours is just continuing to build this base before you start building up