The Moment I Realized My Biggest Constraint…
Summary
- I realized the importance of having a smart team when I noticed the stark contrast between a seasoned billionaire's team and mine.
- It became crystal clear to me that my team was outmatched and that was a key reason why the billionaire was more successful.
- This moment was a turning point where I understood that to make more money and succeed, I needed to surround myself with smarter people.
Video
How To Take Action
I would suggest starting with analyzing your current team. Look at the skills and knowledge they have. Are they the smartest people you can have? To get the best results like that billionaire, put smarter people around you. It's like having a secret weapon!
A good way of doing this on a budget is networking. Reach out to experts and learn from them. You don't always have to hire them full-time. Maybe they can be mentors or advisors. This way, you gain valuable insights without spending much.
When you need to bring someone into your team, think about hiring slowly. Make sure they are really smart and fit your needs. Sometimes, a part-time smart person is better than a full-time okay one.
Remember, to make more money and succeed, you often need to do things differently than before. So, think about where you can find these smart people. Maybe you'll find them at local business events, online forums, or through mutual friends.
And here's a tip: when you find these smart people, listen more than you talk. Let them share their knowledge. That's how you'll grow.
Finally, don't forget to keep learning yourself. Be the leader that smart people want to work with. Read books, take online courses, whatever it takes to keep up with your team.
So, here's the action plan:
- Evaluate your team. Are they the smartest they can be?
- Network to learn from experts.
- Hire smart people, even if it's just part-time.
- Keep learning to stay on top of your game.
Quotes by Alex Hormozi
"that's why he makes more money than me"
– Alex Hormozi
"I had this stark contrast of his team on the left my team on the right"
– Alex Hormozi
"we have no chance"
– Alex Hormozi
"I was like oh I'm an idiot"
– Alex Hormozi
"I need smarter people"
– Alex Hormozi
Full Transcript
is this really long table there the head of the fun at the end really old guy gray hair wise seasoned managing a billion dollars and there's us on this side right so it's kind of like either side of the table we're across from each other and I remember listening to his team and listening to my team and being like that's why he makes more money than me it was it was plainest day I had this I still remember this stark contrast of his team on the left my team on the right and I was like we have no chance and it was just this moment I was like oh I'm an idiot I need smarter people