These Things Don’t Matter to Get Rich
Summary
- I didn't need to read a book a week, stick to habits like making my bed, or follow a long morning routine to build wealth.
- Skipping journaling didn't hold me back financially.
- I didn't have to give up enjoyments like alcohol or Netflix to be successful.
- It wasn't necessary to wait until I was married to start accumulating wealth.
- I didn't use financial leverage, yet I still built wealth.
- The key to building wealth was simply finding what people want and selling it to them for more than it cost me, repeatedly.
Video
How To Take Action
I would suggest focusing on the heart of wealth building: selling what people want at a profit. You don't need to get caught up in the things that often get labeled as "must-dos" for success. Instead, concentrate on understanding what your customers really want and make sure you can provide that to them at a higher price than what it costs you – that's your profit.
A good way of doing this is to start small and keep your costs down. Don't worry about big loans or fancy offices right at the start. Just find a product or service that people are looking to buy, and get it to them efficiently.
First, research what's in demand. Look at questions people ask online, problems they want to solve, and things they have to have. Then, figure out a way to offer it in a way that's better or different from everyone else. That could be making it faster, better quality, or just easier to get.
Next, it's all about selling it. Use social media, word of mouth, or local advertising to get the word out there. Keep it simple and cost-effective. Remember, your goal here is to make more money than you spend.
And remember, you don't have to give up your life to do this. Keep enjoying your Netflix and your occasional drink if that's what you like. Having a balanced life can keep you motivated and fresh for your business.
Just sell what people want, and repeat that process over and over. That's the simple blueprint to follow. Focus on that, and you'll be building wealth before you know it.
Quotes by Alex Hormozi
"I built wealth without reading a book a week"
– Alex Hormozi
"without making my bed"
– Alex Hormozi
"without giving up alcohol"
– Alex Hormozi
"without waiting to marry"
– Alex Hormozi
"find people want sell it to them for more than it cost you many times"
– Alex Hormozi
Full Transcript
I built wealth without reading a book a week without making my bed without journaling without a 2-hour morning routine without giving up alcohol without giving up Netflix without waiting to marry and without leverage because the only thing you actually have to do is find people want sell it to them for more than it cost you many times
