Watch This Before You Take Advice From Somebody
Summary
- Never underestimate the value of simplicity in advice; the success of individuals like Warren Buffett underscores this.
- Consider the source's credibility when weighing advice; Buffett's immense success lends weight to his recommendations.
- Recognize that authority and proven track records can often validate advice, making it more readily acceptable.
- Understand that regardless of content quality, advice without substantial proof and credibility will struggle to gain widespread recognition.
Video
How To Take Action
I would suggest starting with simplicity. Take advice from people who know what they're talking about, like experts with a track record. For example, in business or personal growth, find someone you admire who has done something great and listen to what they say.
Now, make sure whoever you're learning from has proof of what they've done. If they're successful and have experience, then their advice is probably good. It's like if someone rich and smart like Warren Buffett says to put your money into the S&P 500, that's advice to listen to because he's got the success to back it up.
Here's what you need to do:
- Look for mentors or experts who have achieved the goals you want. They should have evidence to show they know their stuff.
- When you get advice, check the person's background. Have they achieved success in what they're advising on?
- Choose simple strategies from authorities in the field. Simple advice often works best.
- Don't just take any advice. If there's no proven success behind it, be careful.
Remember, it doesn't matter how fancy something sounds. If there's no proof, it's not that useful. Just like Warren Buffett's simple investing tips are gold because he's proven they work. Stick to this plan, and you'll be taking steps in the right direction.
Quotes by Alex Hormozi
"You should dollar cost average into the S&P 500"
– Alex Hormozi
"His advice is so simple"
– Alex Hormozi
"You just forgot to build a hundred billion dollar company"
– Alex Hormozi
"He's got proof and credibility"
– Alex Hormozi
"You lack the one thing that matters most which is proof"
– Alex Hormozi
Full Transcript
waren Buffett if he getss up and says you should dollar cost average into the S&P 500 somebody might be like oh my God his advice is so simple Michel Hunton so much better than Warren Buffett you know what and it might be except you just forgot to build a hundred billion doll company he's got proof and credibility context and so if this is the richest man or top five richest man in the world and he's giving you investing advice I don't actually have to take each C of advice and weigh it and say do I agree with this do I not agree with this you can actually take it pretty close to his truth because he has so much Authority that you think okay I will take this as is but I can actually almost that your investing advice will never get as much press as Warren buffets even if your content and the production and your hashtags and all the other things are perfect you lack the one thing that matters most which is proof proof credibility
