You Still Need Luck…
Summary
- Focus on solving a problem that is within your current capabilities and resources.
- Learn the necessary skills and start generating income; this will set the foundation for future endeavors.
- After making progress, consider addressing an adjacent problem or continue to build on the initial success.
- Remember, attaining the number one spot in an industry often involves skill, good decision-making, and a degree of luck.
- It's more practical to aim for attainable goals rather than striving for the top position held by well-capitalized, highly skilled individuals.
Video
How To Take Action
I would suggest starting by identifying a problem you know you can solve with the tools and skills you already have. That's step one. Keep it simple. You don't need a lot of money or time to figure this out. Look at what people need and match that with what you're good at.
Next, learn what you need to know to start making money from solving this problem. This could mean watching free tutorials online, reading books from the library, or talking to people who have done it before. You want to get to the point where you can charge for your solution as soon as possible.
Once you're making progress, you might see another problem that's close to the one you're already solving. This is a good time to think about whether you should tackle that new problem or just get better at what you're already doing. Maybe you can offer more value to your customers, or find a way to solve their problem faster.
Remember, it's not about being the biggest or the best right away. The goal is to set achievable targets. Focus on making good choices with what you have, and understand that some luck is involved in every big success. Aim for goals you can really reach instead of trying to jump straight to the top where it's super competitive.
By taking these steps, you'll build a strong foundation for your business or personal growth. You'll be able to move forward with confidence, and that's a big part of what success looks like.
Quotes by Alex Hormozi
"The biggest companies in the world have super well capitalized people who are the best in the world"
- Alex Hormozi*
"Made a good call and had luck because if you're number one you have all the things plus luck"
- Alex Hormozi*
"I would rather you just stick to a problem that you know you can absolutely solve given the resources you have"
- Alex Hormozi*
"Learn the skills make income"
- Alex Hormozi*
"From there you can go solve an adjacent problem or you might decide you know what I like this and I'm going to keep going with it"
- Alex Hormozi*
Full Transcript
the biggest companies in the world have super well capitalized people who are the best in the world made a good call and had luck because if you're number one you have all the things plus luck and so I would rather you just stick to a problem that you know you can absolutely solve given the resources you have learn the skills make income and then from there you can go solve an adjacent problem or you might decide you know what I like this and I'm going to keep going with it
