The Perfect Give to Take Ratio
Summary
- When it comes to giving in the context of making money, aim for an 8 out of 10 level; giving too much can lead to being taken advantage of, while giving too little can limit your opportunities.
- Constantly giving without receiving can result in diminishing your resources and being overlooked, as people may begin to exploit your generosity.
- Conversely, if you only take from others and don't offer anything in return, you'll find that few people want to engage with you or open up possibilities.
- Those who operate on a tit-for-tat basis, equivalent to a 5 out of 10 in giving, miss out on the benefits of generosity altogether.
- By giving generously, but not to the point of being taken advantage of, you will find that more doors will open for you. This approach can lead to greater opportunities even if some of your investments don't yield immediate returns.
- The potential gains from the new opportunities gained by giving generously far outweigh the fixed losses from the resources you might have given away without reciprocation.
Video
How To Take Action
A good way of doing business is to be generous, but be smart about it. Start with giving at an 8 out of 10 level. That means you help others and share your knowledge, but don't give so much that you have nothing left. If you give too much, people might start to use you. That's not good.
If you only think about what you can get, and never give back, people won't want to help you. So never be that person who always takes. If you only trade — give something to get something — you'll miss out on the bigger picture. Being generous opens new doors.
To do this right, let's break it down into steps:
- Identify what you can give: Think about your skills, knowledge, or resources you can share without hurting your business.
- Share generously: Offer help or knowledge without expecting something in return right away.
- Set limits: Decide how much you can give without putting your business at risk. This is your 8 out of 10.
- Seek balance: If you feel someone is taking advantage of your generosity, it's okay to say no or step back.
- Keep track: Look at the opportunities that come from being generous. Some won't work out, but that's okay. The ones that do can be really great for your business.
Remember, the idea is to build connections and opportunities that can grow into something big. Be patient. Sometimes the payoff from being generous can take time, but it's worth it. The new chances you get by giving will often be more valuable than what you gave away.
Quotes by Alex Hormozi
"The perfect amount of giving for making money is an eight out of 10"
– Alex Hormozi
"Somebody who just gives relentlessly non-stop eventually becomes walked all over and they never get anything"
– Alex Hormozi
"Somebody who takes only exclusively doesn't get nearly enough opportunities because no one wants to work with them"
– Alex Hormozi
"Fives are just like tit for tat"
– Alex Hormozi
"The amount of extra doors that open always make up for the lost resources because the upside you get on the doors that do open is usually way uncapped compared to the fixed loss that you have on a give"
– Alex Hormozi
Full Transcript
the perfect amount of giving for making money is an eight out of 10 somebody who just gives relentlessly non-stop eventually becomes walked all over and they never get anything somebody who takes only exclusively doesn't get nearly enough opportunities because no one wants to work with them fives are just like tit fortat and the 8 out of 10 person will get way more doors opened even though they'll lose Resources by giving and then having nothing come back the amount of extra doors that open always make up for the Lost resources because the upside you get on the doors that do open is usually way uncapped compared to the fixed loss that you have on a give
