That the law of attraction is actually real... Because I Recently started watching Alex "almost" as much as Tom, and now they're in the same room together... 🔥 🙏 Also, during the toughest "bleakest" time's, focus on the things you can control rather then the things outside your control.
Biggest takeaway: framing situations is key to successfully sell in various relationships (romantic, business, etc). Similarly, a strong frame can be used to persuade yourself to think helpful/empowering thoughts. Will have to rewatch this and take notes!
3 things that helped me and literally changed my life 1. I stopped watching porn 2. I read the book called ‘25 Money Secrets From Donald Trump’ 3. Stop drinking
My wife said something to me a few years ago that has kept a fire lit inside ever since. She said "If it will take ten months or ten years to accomplish your goal, the time is going to pass whether or not you do it. So it's better to just do it." This video adds fuel to that fire. Thank you.
My brain melted when I saw this come out this morning. Tom changed my life and Alex changed my business. This is the epitome of value, straight up. Thank you.
After the boom of business coaches and gurus, this is the first time I'm able to see total honesty on a person (Alex Hormozi), he wasn't going all around with fancy words or promising that things would be easy, reality is much more calm, natural and process oriented. More people trying to start their first business should be hearing this guy. Tom, thanks for keep improving your awesome content. Genius.
51 years old. I have $295,588.25 in my Fidelity retirement account. I cranked my contributions up to 35% and I do all the investing on my own. Fidelity just holds my ETFs/stocks. I made that change earlier this year. I'm hoping to end the rat race by 60 but it's looking more like 63-ish. I want to have $1.5M and bring in about $60k in dividends each year. Pedal to the floor! Thanks for the video. Great content.
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
Having an advisor is essential for portfolio diversification. My advisor is *Lisa Angelique Abel* who is easily searchable and has extensive knowledge of the financial markets...
How do u do your own investing on your own? What platforms did you use to learn these skills? I want to learn. Im only 35 and a single mother who went back to college for the second time, just graduated from the medical field, but i still feel unsatisfied with my finances i will be getting from this education & i dont like the status it holds.. i want to be more and feel smart, successful & important.. for me & my daughter.. i want her to make good choices in life when it comes to education & finances. That’s why im asking. And thank you in advance.
Why did it feel like I was having a mental breakthrough at first then started to feel like I was having a spiritual/emotional breakthrough? This interview was SO GOOD!
SO overwhelming just thinking about the fact that this interview even exists - Tom with Alex. Honestly, best thing that´s ever happened in RUclips/Podcast History
@@afinkeln please look at the 1:16:40 to the end again... You are exactly twice my age... And probably don't need a kid to tell you this but... Just remember that THIS moment is inevitable... No amount of grieving and regretting past choices or action will change the current reality. You ONLY have a choice on how you respond (not react) to the current moment and form the future you want. You seem to have accepted that you are an abject waste of life and a failure... That in itself is the most crippling belief one can have. All our actions and thoughts depend on the identity we associate ourselves with. For example a guy who think of himself as a failure would not even try to do something hard after that belief is consolidated, on the other hand a guy who thinks of himself as a winner will try it all and somewhere he'll win. I myself though of myself as a failure and an abject waste of life until recently became of some mistakes and inaction. But then everything told me that having this belief will NEVER do anything positive for my life. I'd also like to quote Alex hormozi here... He said something along the lines of- I'd trade every single penny that I have just to go back in time ten years and this will keep on happening as my wealth and age increases. That kinda clicked a switch in my head... That if any billionaire would give all his possessions just to be in a position that I am in... Then why tf am I not living this moment consciously?! You should know that Warren would give up all his wealth to be the 36 year old you. THIS MOMENT IS INEVITABLE. RESPOND TO THE CURRENT MOMENT CONSCIOUSLY. Nothing matters... One day all will turn into dust and no one will remember you... Live the current moment instead of suffering it. Forget the things that you can't control and just fucus on what you can. Enjoy even the suffering because THIS MOMENT is all we have... Don't suffer you past and your imagination... There are 8 billion people on this planet... Most of them just respond to life... They aren't ever conscious... Then they die. Fuck that.
This is insane, I have these two out of the three traits and lately have been discussing with my son that i lack the focus, and know if I just have a zeroed state of focus I can achieve the one thing I need to achieve my outcome. This, this is the day I lay down all my own bullshit and do what is nesseccary to love my focus more than my laziness.
You missed the point where Alex was talking about the fact that it's not about having them, because everyone has them, its to what degree you have them.
Honestly before seeing this comment I felt the same way. I’m 26 with a 14 month old. The childish mistakes I make while trading is over. Plus I’m cuttin the weed shit out until I have 10k. At first I felt as though it was helping but I just started to realize it’s a crutch I do not need. I need to face my problems head on if I want my trading to STAY consistent n not fluctuate as much as it does.
Whoever chose the placement of the ad for that discipline coaching program integration after Alex theory that high impulse control is one of the 3 character traits that leads to extreme success needs a raise ASAP
I thought it was too obvious and it made me laugh at the cheek that it came so immediately. I mean do you applaud the bare faced openness of the timing or reject it as a seemingly manufactured moment that too perfectly led into the product ad? Maybe I'm just too altruistic and hate being sold to... best episode I've seen though. Really enjoyed it. Big props to Tom, it's the first Alex interview I've seen where he was listening to and taking notes from the interviewer, a true conversation. Rather than the interviewer sitting there open mouthed unable to keep up. REALLY raised Tom up in my estimation.
Tom’s ability to devour information is out of this world. Alex you can tell has a good soul and more importantly his character has likely proven that to be true. Unbelievable value thanks for never holding back.
I especially appreciated Tom sharing about his mental struggle with knowing you can do anything but that you can't do everything. I have struggled with that in my own life and it leads me to not take action towards anything. I will be benefiting from this interview for a long time, thank you both!
Bro, this is me as well. I'm confident about being able to learn any skill for the most part and I have so many subjects and things that I study and learn and it's like I gst analysis paralysis
@@Q-Bandito totally! Since watching this interview, I've really tried to shift my mindset. I've always felt frustration and sadness about not being able to do all the things. Now I'm slowly starting to feel less of that and more joy and curiosity thinking about what it will be like if i only focus on a few things! I'm trying to think less and take more action, even if it's not perfect action. It's slow going though 🙃 Wishing you a bit less analysis paralysis (cause i know what the f that is like and it's maddening!!)
First, I loved Tom's breakdown of disconnecting from things and determining what he was anchored to. Next I loved when he asked Alex that question and Alex almost sank in his chair and exhaled. Awesome moment.
I can't go a day without consuming your content, there are times i feel like giving up but your content has ignited the striker in me from South Africa with Love.
Alex : Gary didn't have Gary, my competitive drive shifts from "just compete to others" to "do honor and service to the game and the other players by being an excellent player".
⭐"How do you win in business? You win by not stopping." This video would help a ton of small agencies across the globe clear their sales frame. And will reduce the frustration for so many clients on so many meetings. Power to both of your Alex & Tom 🙌
"If you want to make the world a better place, doesn't that mean that the next generation has it easier?" I'll remember that. Excellent interview, and I can't wait for Hormozi's next book on selling.
I'm only 40m into this and I already have 5 pages of notes. Why have I never heard of this guy before? I'm on my third iteration as a business founder and he is just hitting all the notes. He is so straightforward, makes it so clear, and he is so humble. This should be required coaching, not just for business, but for life. All the theory in the world is useless without action and that action must be continuous, no matter how hard it gets. That thought alone is worth gold. I'm searching for more of his stuff.
Actionable and continuous steps are so important when it comes to doing anything in life that you want to get done and accomplish. I'm learning this more and more everyday.
Like a forest fire that wipes out the old trees to make room for new growth, bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around. I recommend you seek the guidance a brokerage advisor or portflio manager
I agree, I've been in constant touch with a Brokerage-Adviser for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
“When you’re starting out, everything looks like an opportunity.” This is so true. That’s why it’s so important to know what you want and why you want it. Then you can pick the opportunity that suits that best.
This is my first introduction to Alex and I'm truly blown away. What I loved most about him, strangely, is that he REALLY KNOWS HOW TO LISTEN and uses silence like a PRO. His EQ is off the charts. Business and life advice was great too!
What a profound thought... "What if this is the way its suppose to look or what if this is the way I'm suppose to feel?" I was literally sitting in my room looking around when Alex said that thinking Im not where I'm suppose to be, I want more, I dont feel good about it and then he said that and I was like.. wow! What if this is what its suppose to look like? What if this is what it looks like when you are on your way, on your journey and instantly I felt better. Now I can keep doing the things I need to do to move forward and drop the icky feelings about not being where I want to be in my life. Thank you so much for that!
Alex is the first persom to talk about the traits and NOT the "habits" that most people tell us to do in order to be successful. That is the most true statement because as he said there are rich people who are unhealthy and wakeup late. It's not about the habits. Each one is different... it's about the 3 TRAITS! WOW loved the podcast! So inspiring Tom!
i watched this at the right time. i was feeling down with back to back 'failures', but after listening to this, not only my mood is better, I achieved a few small wins to end the day.
I’m so annoyed. I put podcasts on to help me sleep, but two hours later I’m still pausing this video to take notes because I can’t afford to simply hope to remember these things. One of the best conversations I’ve ever been witness to. Thank you both P.S. the grandfather frame part gave me chills because I have evolved that exact thought in my mind and I couldn’t really articulate why it made me feel present!! Merci!
Trying to unpack all of this content. Its like going to school all over again. Being concise when communicating demonstrates confidence and also shows respect for the audience. Some would think an hour and half would be a long time to spend viewing this however I compare it to a week of lectures at University.
He says some good stuff here and there but he's mostly a b**********. A less aggressive Gary vee. Talks about not having something to sell and spend this interview explaining that he's going to have a bunch of products and courses on sale soon. It's fine just be honest. Something none of these people that go viral are capable of
I've watched your podcast countless times, and I am grateful for your guests and your questions. However, knowing that you and Alex are abundantly littered with money.... How much money does one really need to be successful, or happy? I know that I don't really need all that much. For me, my health, my children, my relationships and my ability to express myself through my creativity are my true wealth. As long as I can provide the necessities for them, as well as for myself, along with the deep love that I hold and share, I am the wealthiest person on the earth. Millions or billions of dollars are truly insignificant to me, and can only create a great deal of responsibility and stress. Make life simple. Be healthy. Love those who are closest to you. Be creative with the gifts that God gave you to share. And, be as presently in the moment of enjoying these blessings as you can. Nothing can be greater than this. I say this because neither of you seem to be any better off -- with all your financial wealth -- than I am.
Alex is a fascinating case study on entrepreneurship. I remember gym launch from years ago. I subbed his YT at 10k just last year. He was talking about how content mattered more than video editing and production. He was doubling down on that idea. I remember his company websites looked like scams and phishing. Even his Acquisition logo is terrible. He was an absolute gem trapped inside awful digital production. He was already a millionaire so I could see how production quality wouldn't be high priority, but in the past year he realized you have to authentically connect online to sell online. BOOM! He hired one of GaryVee's old producers...Hit the podcast circuit and EXPLODED. I'm very excited for him and his wife. He has great content.
Word, whenever I have read a book that is supposed to be incredibly educational , I often have felt that my personal life experience is more valuable.. and while I can pick up certain hacks to implement into my life, it's never been a book that has changed my life, it's been me going for it and making my own mistakes, and therefore learning from them and becoming better at something. This is especially true with spiritual books where a guru has laid out the truth about life, etc.. it has just never resonated with me bc I have either a) already learnt the lessons they are describing b) I have my own personal understanding of something, without needing someone else to tell me what is the 'correct' way of approaching/understanding something. This is obviously a very general explanation, and there are certainly exceptions where the author is so good at describing human psyche from an angle that I possibly could not come up with about a specific subject from that specific angle due to not having dedicated my life into trying to explain it in this way.. if this makes sense .. :D
it was so cool to meet Alex in person at the studio. Super down to earth guy and very kind with his time and attention. Definitely one of my favorite people on RUclips
Alex says a lot of the same things that Leonardo da Vinci said in his writings. Knowledge and practice go hand-in-hand, but Leonardo said that "Knowledge is the captain, practice the soldiers. Whoever loves practice without knowledge is like a sailor who goes out to sea on a ship with no compass." I finished creating a Leonardo da Vinci Masterclass based on all of his wisdom. Great video!
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
Especially in this challenging market, numerous opportunities exist to achieve impressive returns. However, executing such complex transactions requires the expertise of experienced market professionals.
Side note, your way of articulating your thoughts is top notch. If you created a channel which focuses on how to talk and write eloquently, I would sign up.
Oh man! One of my favorite quotes too! 51:54 "We question all of our beliefs, except for those we truly believe, and those we never think to question" ~ Orson Scott Card
"Most people have a dramatic underestimation on how much volume it takes to be successful, independent of the thing." That one shakes you. But there are countless others that are just as significant. Incredibly dense and informative podcast that exposes a clear path to large success when implemented at scale.
"THAT moment before the moment..."- wow! wow! what a revelation this was for me and a confirmation of what I sensed in the past in various moments in my life! thank you guys for this inspiring and uplifting conversation- I got so much value from it, I'll be sure to re-listen again. Thank you, thank you for the amazing wisdom and the gifts you're sharing so generously on this platform. I feel so grateful for being alive right now!!
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $875k by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@@hunter-bourke21 Interesting. I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I'm been guided by "Camille Alicia Garcia." who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Camille. Has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
It's funny to see Alex look nervous and so excited at the same time in an interview, it seems he really has a lot of respect for Tom and being on the show, that's so cool. I'm not even halfway through but I have a feeling this will probably be the best interview I've seen of Alex so far - props to both of them for such an amazing interview!
It is happening folks, the future of work is being redesigned. Yes, More tech companies wants to fire more workers from next week: "The third wave is going to happen next week. That affects everybody in the biz teams, including in my organization. It's just a time of great anxiety and uncertainty" Says Meta President.
Time and tide will not wait for any person. That means we must pay attention to how new technologies, and specifically AI, will make it easier for companies to become more efficient. Simply, this companies may not need a lot of workers, your bank may not need many staff. Your insurer may not need many workers. And the list keeps growing.
Is it time to require mandatory payment where even if you have no staff, you have to commit a certain percentage of your revenue which will be used to distribute to citizens as a "wage" alternative?
It has nothing to do with AI. Economic distress in America is enormous. Many banks have gone under. Inflation is biting harder. Ukrain miscalculation is obvious. Facebook has been using AI in most of its features and products for more than 15 years now, so Ai has nothing to do with it. They embarked on unprofitable projects. And over hired. Apple has never laid off employees despite the economic downturn. They did well in hiring and never had failed projects. Metaverse failed. Gaming projects failed. Fintech, Lira failed. In the last 20 months, Sanbberg left, nobody is there to "tame the lion" Most Tech companies went woke: hired talents in order to prevent competitors from having access, they kept them idle, just to hijack a pool of talent. Over hired without proper assessment and protection. The existing projects couldn't turn in expected revenue, even before inflation war in USA set it. Let's put it in perspective without blaming AI. 95% of big tech have been using AI in the last 15 years. Building a passive income is a real hedge against inflation. Such is a thing that won't fail when the govt and the big tech fails.
@@BillAdamson-bp9ff focus on acquiring a trusted advisor who can guide you. With their assistance, you can engage in trading and generate profits in stock and cryptocurrency markets, even if you lack prior knowledge. Why not look up "Jennifer Puckett Hunter? She's a great fit
This is an amazing interview. I LOVED the existentialism and the DEEP questions towards the last 20 minutes. One of the best interviewers i've ever seen
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
So what I do is buy companies that are doing good things, executing on business plans and then short companies that are missing earnings, it’s as simple as that.
@@berwickperu7683 Lol Berwick, we’ve been in a rally for the last decade, you just gotta accept not everyone is as knowledgeable in the market to handle the opportunities a crash market presents and unfortunately for me too, I got in 2019 right before the market’s melting point, I just hope I recover soon enough before retirement. Stay strong.
@@brownhilton2842 I think the market will suffer more downtrends before full recovery, esp. with the inflation, hiked interest rate and looming recession bound to happen 2023, you should understand the market is not just finance and valuation, it’s history, it’s market psychology, it’s understanding how the world moves, which is why at this point in time, it’s ideal to work with an Investment-adviser with an unparalleled track record, from first hand experience, I could say they stand a better chance than most of us ever would and it has been reflecting on my portfolio. I made over $850k in net gains this year alone and I’m unbothered about the market outcomes cause I’m certain I’ll make a killing, it’s all perspective guys.
@@diegolim6277 just Search and connect with 'Karen Marie Emma' . She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
Seeing Alex so excited explaing his frameworks, then seeing Tom not meet him at that energy level killed me inside. Poor Alex, I know is was not intentional by Tom
Wow, this video really hit home for me! One thing I learned is that your self-worth shouldn't just come from money or success, but from your actions and the effort you put in. It's surprising how much power we give to our excuses instead of owning our circumstances. Also, the idea of using a future perspective, like imagining being 85 looking back on today, is a game-changer. It helps you realize that many of our current worries won’t matter in the long run. Lastly, the focus on enjoying the journey, even with all its ups and downs, is so important. It’s all about that feeling of progress rather than just the destination! Thanks for sharing these insights!
So cool to hear entrepreneurs talk about their life experiences and struggles but they refused to let it take them to the gutter. So inspirational, we didn't have this 15, 20 years ago.. we didn't have people whispering or telling us what better lies for you when you think you're sh*t out of luck.
Great stuff that really makes you think about what you've been doing with your life. My main challenge is just carving out the time. How do people work 40 hours a week at a job, get groceries, run errands, eat, bathe, get adequate sleep, spend time with spouse, and still have time to build a successful business? I listened to this whole interview while I drove around for work, so I'm already multi-tasking, I just can never seem to catch up on just getting stuff done apart from building a business, I don't know how people find the time.
Only way I found to help is to use a day planner or use an app and track everything you do all day in 15 intervals your gonna shit yourself on how much extra time you have.
Learn to do each task just a bit faster/more efficient (utilizing less energy, time or resources). Study each one of them as if you have no fking clue how to do them. Then you'll level up dramatically overall, even if only in a couple of areas, the results will improve enough to motivate you to do more. You'll have to be very fit (cardiovascular, muscular and mental strength), so make that a top priority. You know exactly what to do, its just impossible to see break points in success as of now (think rest points while summiting a mountain). Also vices like smoking (any smoke/device) damages cardiovascular health, making us dumber and slower mentally. Drinking as well, just drop those down to virtually zero. You'll feel like a brand new person in a few months. Then that person is far more capable and hopeful.
1:21:32 For those of you that let people and circumstances get under your skin. This is a great lesson Alex shares here. I personally think this might be the secret to his success.🤙
One of the more stupid things I've heard in my life. If it was that simple, depressed people could just 'learn' how to be happy by just imagining hypotheticals.
"Everything looks like an opportunity"... This is literally the battle I've been facing since I realized that working for myself was even an opportunity!! Alex said in another interview that "people literally just can't see it!" He was talking about making money. That's me! I see and know and dream of becoming someone who is financially well off, doing something that matters and lives a much better life- but I just don't know how to get there!! Edit: this is why I keep watching these types of videos. I think I need to start reading books too, and decide WHAT it is that I wanna do. 💜
Or take it a step further and just start something. Or Take a sales job for a while Seriously. If you can make it through sales you'll really understand what it is to work for yourself.
@@thankdrew1173 exactly, i started in sales just 2 years ago after being a w2 minion for 35 years in the medical field. Building my own biz for my self and my family has been the hardest most rewarding thing i have ever done on all levels, emotional, spiritual, and learning who i really am as a person. Overcoming shiny object syndrome and my demons has been my hero's journey. Just Keep 🏊....
I think the reason we get held up in the shiny objects syndrome is our fear of failing.. We mistakenly want something that will succeed right away..yet the rule is when beginning we must fail anyway. So we should just select one thing..focus in it by running 100 real world work experiments...fail & adjust.. 100 more experiments.. fail & adjust...then with patience& delayed gratification & more work under guidance of a mentor adjust again to succeed. Once something succeeds hold onto that and multiply that exact thing 100 times to a six figure income..multiply more that thing to even a seven figure. I think that's the gist of what he said..which I've never heard because it includes the failure & discipline cycles involved which most online gurus avoid.
Right On! Success is a Process not an event. If you are willing to commit to the process and not see quick fixes. You will eventually become successful. Most people quit way to quickly and don’t understand the importance of developing stamina. Success is simply but not easy.
I wouldn’t be exaggerating if I say that almost every sentence is a GEM It’s my first time to hear a such a huge amount of wisdom in one episode WELL DONE 🎉 I am forever grateful to both of you ❤❤❤
26:45 - I feel this resonates very much with what you say.... " A society grows great when old men plant trees, The shade of which they know they will never sit in. "
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
Lisa Angelique Abel is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
I would say that depends. I know many that lost millions in the 2000 Era Crash. Since then, they just saved & kept their money out of 401k's and banks. We found 100's of thousands hid in our grandfather's home when he passed plus $400k in one bank that he forgot about & another $600k in a different bank. All millions of mineral rights money that had been deposited over the years.
Not gonna lie. This podcast reminded me to focus and gave me a goal within the opening minutes, to the extent that, I feel I need to pause, go away, get a web page up, find a product chose an advertising campaign, stay on it for 100 days. And then come back and continue with he podcast. That's how useful this podcast is and what a great intro.
This was one of THE BEST interviews I’ve ever watched and I was here when this channel had 100k subscribers!! Wow ! The dept of topics, the exchange, the questions -> Gem !
😭😭 I cried when I heard about the 3 traits of successful people and when Tom was describing his experience of not feeling smart enough...soo resonated. It was like they were in my heart. Wow. Validation of my feelings was like rocket fuel today. Thank u for this interview!
RUclips has been of great help to many facing challenges of making best decisions on what to invest in, I have racked up in profits $558,405 from $185k capital in august last year to be exact on my portfolio, after i watched a news interview on where Mary Freed Lorenz featured during an IPO and spoke proficiently, caught only her name and did a search later online.
Alex is 10000% legit and I love the way he explains his frameworks. Learned a lot from him especially about offer creation. I recommend his book the $100M offers.
my two big bros finally meeting is so validating for my journey and struggle....so proud to be part of impact and hormozi nation! gonna put this on loop for the rest of the week!
This was an amazing interview to listen to this morning. I love how he spoke on doing the same thing, that one thing no matter how boring it gets everyday until you get the results. I’ve been telling myself this a lot lately and doing it. This was confirmation to keep going. Thank you both 🙏🏾❤
I have been operating a cleaning biz for the last 10 years. I am still learning everyday. My biggest hurdle has been to find staff! Once I break that barrier real wealth will be created
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
amazing interview! he is talking about everything I am currently doing but not dedicating enough to it! one of the biggest take aways from this was when he said pick one pursuit! this was my most difficult challenges coz I am naturally a creative person and I was jungling all kinds of different projects like RUclips, online selling, Amazon FBA, writing music and music production! after watching this I soon realised I had to drop one of these projects to become successful ! I decided to drop music and focus on online selling and RUclips
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss LIBERTONCORP
@@botondszendrey5960 Well, you & I may not agree with it & I certainly wish it weren't so. But it is our everyday experience and it's happening none the less...
I have listened to quite a few of Alex Hormozi's interviews, I like this one the the best. Helps me to identify and overcome the things that are keeping me from taking action.
Powerful quotes from Tom---1:16 min: "What is it that you think of yourself when you're by yourself?" and "Never tie your sense of self worth to money."
I completely understand that need that Tom talks about. That need to achieve and something to prove to myself more than anything. Ugh.. it's torture.. Great interview!! Just discovered Alex Hormozi a few weeks ago and learning so much already.
Love Alex's frame of mind / reference being the 85-year old exchanging his fortune for time along with taking joy in the ride rather than shooting for happiness. Nice way of practicing gratitude! Combine this with David Goggin's "Callousing the Mind" / "Training for Life" and you have a perspective that will remind your to savor life and push through when things get tough. Thank you Tom for continuing having these visionaries on your show and getting the "most out of them" for the rest of us with your amazing interviewing style!
I relate with this to a level I could never imagine. Been in the trenches of entrepreneurship for 12 years now and there is so much here and wisdom in this conversation.
You're one of the best interviewers. I like your questions. Maybe it's just the fact of listening to people in my age bracket but it seems you're asking all the right questions and getting some great usefully answers that gets rid of a lot of the mental clutter.
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look
I want to build wealth through taking the time and effort to consistently invest but i lack good knowledge and strategy to outperform the market, yielding good returns. I have $60k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
I'm in the top of the seventh of my life no education and now a retired barber I had a client who was a successful financial advisor but I never picked his brain we talked about sports travel and other topics he knew my financial situation and one day he called out of the blue and basically told me Andy start investing in xrp as much as you possibly can do the research and focus thats what brought me here !
What was the biggest takeaway from the interview? Drop a comment below!
Hello, Tom thanks for such an insightful video. Please as a forex trader what advice can you give me as regards what you discusséd?
"Being clear of why we're here."
Work on one thing at a time.
That the law of attraction is actually real... Because I Recently started watching Alex "almost" as much as Tom, and now they're in the same room together... 🔥 🙏
Also, during the toughest "bleakest" time's, focus on the things you can control rather then the things outside your control.
Biggest takeaway: framing situations is key to successfully sell in various relationships (romantic, business, etc). Similarly, a strong frame can be used to persuade yourself to think helpful/empowering thoughts.
Will have to rewatch this and take notes!
3 things that helped me and literally changed my life
1. I stopped watching porn
2. I read the book called ‘25 Money Secrets From Donald Trump’
3. Stop drinking
My wife said something to me a few years ago that has kept a fire lit inside ever since. She said "If it will take ten months or ten years to accomplish your goal, the time is going to pass whether or not you do it. So it's better to just do it."
This video adds fuel to that fire. Thank you.
and your wife have ambitious goals? or she's just the person who do the talking and gives advices without actually doing things?
@@nacho6978 She runs her own business.
Yes indeed she’s right
This was actually powerful. Thank you.
Very smart woman
3 Traits of Successful People:
1. Superiority Complex
2. Crippling Insecurities
3. Impulse Control to Focus
... This part hit hard!
Superiority complex and crippling insecurities?
@@newsoftheday420 yes, did you watch the episode?
@@fit_peezy I did, ideally you don't want either of those traits and they clash badly.
@@newsoftheday420 I suppose, not every successful person is entirely the same.
Inferiority complex, maybe that’s what he meant to say
This entire conversation feels like one cycle of a huge process. "Start, Shaking up beliefs, Outcome and experience, The next cycle"
years and years of it
While enjoying life!
My brain melted when I saw this come out this morning. Tom changed my life and Alex changed my business. This is the epitome of value, straight up. Thank you.
Exactly the same.
this may be one of the best talks on this show.
After the boom of business coaches and gurus, this is the first time I'm able to see total honesty on a person (Alex Hormozi), he wasn't going all around with fancy words or promising that things would be easy, reality is much more calm, natural and process oriented. More people trying to start their first business should be hearing this guy.
Tom, thanks for keep improving your awesome content. Genius.
Agree!
I swear I had like 5 epiphanies within the first 40 minutes of this talk. Incredibly clarity of content. Thank you.
51 years old. I have $295,588.25 in my Fidelity retirement account. I cranked my contributions up to 35% and I do all the investing on my own. Fidelity just holds my ETFs/stocks. I made that change earlier this year. I'm hoping to end the rat race by 60 but it's looking more like 63-ish. I want to have $1.5M and bring in about $60k in dividends each year. Pedal to the floor! Thanks for the video. Great content.
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
I agree, having a portfolio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.
Having an advisor is essential for portfolio diversification. My advisor is *Lisa Angelique Abel* who is easily searchable and has extensive knowledge of the financial markets...
Oh my I know you aren’t the poorest but if you have a gofundme I would be more than happy to donate to your retirement
How do u do your own investing on your own? What platforms did you use to learn these skills? I want to learn. Im only 35 and a single mother who went back to college for the second time, just graduated from the medical field, but i still feel unsatisfied with my finances i will be getting from this education & i dont like the status it holds.. i want to be more and feel smart, successful & important.. for me & my daughter.. i want her to make good choices in life when it comes to education & finances. That’s why im asking. And thank you in advance.
Why did it feel like I was having a mental breakthrough at first then started to feel like I was having a spiritual/emotional breakthrough? This interview was SO GOOD!
Get off the ecstasy you'll be ok
“Exposure to information is not learning” - Exactly!
SO overwhelming just thinking about the fact that this interview even exists - Tom with Alex. Honestly, best thing that´s ever happened in RUclips/Podcast History
Yeah
You're overwhelmed by an interview video? This is definitely a bit comment
It’s awesome to be 22yrs old and to get pure gold content like this on the internet.
I feel the same at 26
same at 24
36...been listening to this shit for 10+years. I'm still an abject waste of life and a failure. Not everyone is successful...no matter what.
@@afinkeln please look at the 1:16:40 to the end again...
You are exactly twice my age... And probably don't need a kid to tell you this but...
Just remember that THIS moment is inevitable... No amount of grieving and regretting past choices or action will change the current reality.
You ONLY have a choice on how you respond (not react) to the current moment and form the future you want.
You seem to have accepted that you are an abject waste of life and a failure... That in itself is the most crippling belief one can have.
All our actions and thoughts depend on the identity we associate ourselves with.
For example a guy who think of himself as a failure would not even try to do something hard after that belief is consolidated, on the other hand a guy who thinks of himself as a winner will try it all and somewhere he'll win.
I myself though of myself as a failure and an abject waste of life until recently became of some mistakes and inaction.
But then everything told me that having this belief will NEVER do anything positive for my life.
I'd also like to quote Alex hormozi here... He said something along the lines of- I'd trade every single penny that I have just to go back in time ten years and this will keep on happening as my wealth and age increases. That kinda clicked a switch in my head... That if any billionaire would give all his possessions just to be in a position that I am in... Then why tf am I not living this moment consciously?!
You should know that Warren would give up all his wealth to be the 36 year old you. THIS MOMENT IS INEVITABLE. RESPOND TO THE CURRENT MOMENT CONSCIOUSLY.
Nothing matters... One day all will turn into dust and no one will remember you... Live the current moment instead of suffering it. Forget the things that you can't control and just fucus on what you can. Enjoy even the suffering because THIS MOMENT is all we have... Don't suffer you past and your imagination...
There are 8 billion people on this planet... Most of them just respond to life... They aren't ever conscious... Then they die.
Fuck that.
36 is young man still. Plenty of time to improve. I’m 33 and always seeking to improve. What are you doing these days that makes you a failure?
This is insane, I have these two out of the three traits and lately have been discussing with my son that i lack the focus, and know if I just have a zeroed state of focus I can achieve the one thing I need to achieve my outcome. This, this is the day I lay down all my own bullshit and do what is nesseccary to love my focus more than my laziness.
You missed the point where Alex was talking about the fact that it's not about having them, because everyone has them, its to what degree you have them.
So how is it going?
you can do it brother
Honestly before seeing this comment I felt the same way. I’m 26 with a 14 month old. The childish mistakes I make while trading is over. Plus I’m cuttin the weed shit out until I have 10k. At first I felt as though it was helping but I just started to realize it’s a crutch I do not need. I need to face my problems head on if I want my trading to STAY consistent n not fluctuate as much as it does.
Whoever chose the placement of the ad for that discipline coaching program integration after Alex theory that high impulse control is one of the 3 character traits that leads to extreme success needs a raise ASAP
I also thought that ad placement was well executed.
I thought it was too obvious and it made me laugh at the cheek that it came so immediately. I mean do you applaud the bare faced openness of the timing or reject it as a seemingly manufactured moment that too perfectly led into the product ad? Maybe I'm just too altruistic and hate being sold to... best episode I've seen though. Really enjoyed it. Big props to Tom, it's the first Alex interview I've seen where he was listening to and taking notes from the interviewer, a true conversation. Rather than the interviewer sitting there open mouthed unable to keep up. REALLY raised Tom up in my estimation.
The conversation was natural. It just so happened that it created a perfect moment for the ad. @@jusfc
Tom’s ability to devour information is out of this world. Alex you can tell has a good soul and more importantly his character has likely proven that to be true. Unbelievable value thanks for never holding back.
I especially appreciated Tom sharing about his mental struggle with knowing you can do anything but that you can't do everything. I have struggled with that in my own life and it leads me to not take action towards anything. I will be benefiting from this interview for a long time, thank you both!
Feel free to write me, for more info and guidance.
Bro, this is me as well. I'm confident about being able to learn any skill for the most part and I have so many subjects and things that I study and learn and it's like I gst analysis paralysis
@@Q-Bandito totally! Since watching this interview, I've really tried to shift my mindset. I've always felt frustration and sadness about not being able to do all the things. Now I'm slowly starting to feel less of that and more joy and curiosity thinking about what it will be like if i only focus on a few things! I'm trying to think less and take more action, even if it's not perfect action. It's slow going though 🙃 Wishing you a bit less analysis paralysis (cause i know what the f that is like and it's maddening!!)
First, I loved Tom's breakdown of disconnecting from things and determining what he was anchored to. Next I loved when he asked Alex that question and Alex almost sank in his chair and exhaled. Awesome moment.
“Winners and losers have the same goals. It’s the willing to pay the price that is unique!” Powerful!
I can't go a day without consuming your content, there are times i feel like giving up but your content has ignited the striker in me from South Africa with Love.
Alex : Gary didn't have Gary, my competitive drive shifts from "just compete to others" to "do honor and service to the game and the other players by being an excellent player".
But Joni had Chachi so you tell me whose what and where's why.
⭐"How do you win in business? You win by not stopping."
This video would help a ton of small agencies across the globe clear their sales frame.
And will reduce the frustration for so many clients on so many meetings.
Power to both of your Alex & Tom 🙌
"If you want to make the world a better place, doesn't that mean that the next generation has it easier?" I'll remember that. Excellent interview, and I can't wait for Hormozi's next book on selling.
I'm only 40m into this and I already have 5 pages of notes. Why have I never heard of this guy before? I'm on my third iteration as a business founder and he is just hitting all the notes. He is so straightforward, makes it so clear, and he is so humble. This should be required coaching, not just for business, but for life. All the theory in the world is useless without action and that action must be continuous, no matter how hard it gets. That thought alone is worth gold. I'm searching for more of his stuff.
Actionable and continuous steps are so important when it comes to doing anything in life that you want to get done and accomplish. I'm learning this more and more everyday.
Like a forest fire that wipes out the old trees to make room for new growth, bearish periods ultimately establish a new crop of stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $250k during this crash, what are the best stocks to buy now or put on a watchlist?
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around. I recommend you seek the guidance a brokerage advisor or portflio manager
I agree, I've been in constant touch with a Brokerage-Adviser for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
@@johnlennon232 that's heavy! I could really use the expertise of these advisers, my port-folio has been down bad....whose the person guiding
@@kimyoung8414 INGRID CECILIA RAAD is widely known. You can verify her and use her services if you want.
@@johnlennon232 Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
“When you’re starting out, everything looks like an opportunity.”
This is so true. That’s why it’s so important to know what you want and why you want it.
Then you can pick the opportunity that suits that best.
Thanks for watching...
Hit me up there☝☝
This is my first introduction to Alex and I'm truly blown away. What I loved most about him, strangely, is that he REALLY KNOWS HOW TO LISTEN and uses silence like a PRO. His EQ is off the charts. Business and life advice was great too!
What a profound thought... "What if this is the way its suppose to look or what if this is the way I'm suppose to feel?" I was literally sitting in my room looking around when Alex said that thinking Im not where I'm suppose to be, I want more, I dont feel good about it and then he said that and I was like.. wow! What if this is what its suppose to look like? What if this is what it looks like when you are on your way, on your journey and instantly I felt better. Now I can keep doing the things I need to do to move forward and drop the icky feelings about not being where I want to be in my life. Thank you so much for that!
He's genuinely an educator who cares. Huge respect hearing his story on Diary of a CEO.
Alex is the first persom to talk about the traits and NOT the "habits" that most people tell us to do in order to be successful. That is the most true statement because as he said there are rich people who are unhealthy and wakeup late. It's not about the habits. Each one is different... it's about the 3 TRAITS! WOW loved the podcast! So inspiring Tom!
i watched this at the right time. i was feeling down with back to back 'failures', but after listening to this, not only my mood is better, I achieved a few small wins to end the day.
Thanks for watching, write me for more info and guidance.
Me this entire episode:
“Write that down ✍🏼📝 write that down!”
(SpongeBob voice)
This video, less than 2 hrs long, can LITERALLY save lives. Amazing.
I’m so annoyed. I put podcasts on to help me sleep, but two hours later I’m still pausing this video to take notes because I can’t afford to simply hope to remember these things. One of the best conversations I’ve ever been witness to. Thank you both
P.S. the grandfather frame part gave me chills because I have evolved that exact thought in my mind and I couldn’t really articulate why it made me feel present!! Merci!
Yea these are not “to sleep” podcasts, these are definitely to level up
It s a good frame
"'I wanna be the greatest of all time'...but if I did my job, I won't be" That gave me chills, Alex never ceases to amaze
Trying to unpack all of this content. Its like going to school all over again. Being concise when communicating demonstrates confidence and also shows respect for the audience. Some would think an hour and half would be a long time to spend viewing this however I compare it to a week of lectures at University.
Thank you Tom and Alex! The world needs more people like you! 👏🤗
Just realized this came out 11 days ago... Holy
You can just tell how much they're vibing w eachother in this convo, the reciprocation is so strong.
This interview was GOLDEN. I really love Alex.
He says some good stuff here and there but he's mostly a b**********. A less aggressive Gary vee. Talks about not having something to sell and spend this interview explaining that he's going to have a bunch of products and courses on sale soon. It's fine just be honest. Something none of these people that go viral are capable of
I've watched your podcast countless times, and I am grateful for your guests and your questions. However, knowing that you and Alex are abundantly littered with money.... How much money does one really need to be successful, or happy? I know that I don't really need all that much. For me, my health, my children, my relationships and my ability to express myself through my creativity are my true wealth. As long as I can provide the necessities for them, as well as for myself, along with the deep love that I hold and share, I am the wealthiest person on the earth. Millions or billions of dollars are truly insignificant to me, and can only create a great deal of responsibility and stress. Make life simple. Be healthy. Love those who are closest to you. Be creative with the gifts that God gave you to share. And, be as presently in the moment of enjoying these blessings as you can. Nothing can be greater than this. I say this because neither of you seem to be any better off -- with all your financial wealth -- than I am.
Alex is a fascinating case study on entrepreneurship. I remember gym launch from years ago. I subbed his YT at 10k just last year. He was talking about how content mattered more than video editing and production. He was doubling down on that idea. I remember his company websites looked like scams and phishing. Even his Acquisition logo is terrible. He was an absolute gem trapped inside awful digital production. He was already a millionaire so I could see how production quality wouldn't be high priority, but in the past year he realized you have to authentically connect online to sell online. BOOM! He hired one of GaryVee's old producers...Hit the podcast circuit and EXPLODED. I'm very excited for him and his wife. He has great content.
Word, whenever I have read a book that is supposed to be incredibly educational , I often have felt that my personal life experience is more valuable.. and while I can pick up certain hacks to implement into my life, it's never been a book that has changed my life, it's been me going for it and making my own mistakes, and therefore learning from them and becoming better at something. This is especially true with spiritual books where a guru has laid out the truth about life, etc.. it has just never resonated with me bc I have either a) already learnt the lessons they are describing b) I have my own personal understanding of something, without needing someone else to tell me what is the 'correct' way of approaching/understanding something. This is obviously a very general explanation, and there are certainly exceptions where the author is so good at describing human psyche from an angle that I possibly could not come up with about a specific subject from that specific angle due to not having dedicated my life into trying to explain it in this way.. if this makes sense .. :D
it was so cool to meet Alex in person at the studio. Super down to earth guy and very kind with his time and attention. Definitely one of my favorite people on RUclips
If you change the L and the X around in your name it’s Alex
@@tonykato449 - ha! Top comment. 😂
@@tonykato449 the story of my life. Everyone gets my name wrong lol
Alex says a lot of the same things that Leonardo da Vinci said in his writings. Knowledge and practice go hand-in-hand, but Leonardo said that "Knowledge is the captain, practice the soldiers. Whoever loves practice without knowledge is like a sailor who goes out to sea on a ship with no compass." I finished creating a Leonardo da Vinci Masterclass based on all of his wisdom. Great video!
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
Especially in this challenging market, numerous opportunities exist to achieve impressive returns. However, executing such complex transactions requires the expertise of experienced market professionals.
Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.
Glad to see the bot’s are using chatgpt now.
Side note, your way of articulating your thoughts is top notch. If you created a channel which focuses on how to talk and write eloquently, I would sign up.
Oh man! One of my favorite quotes too!
51:54 "We question all of our beliefs, except for those we truly believe, and those we never think to question" ~ Orson Scott Card
This guy gives actionable advice that can be implemented immediately ... Very thankful.
"Most people have a dramatic underestimation on how much volume it takes to be successful, independent of the thing." That one shakes you. But there are countless others that are just as significant. Incredibly dense and informative podcast that exposes a clear path to large success when implemented at scale.
"THAT moment before the moment..."- wow! wow! what a revelation this was for me and a confirmation of what I sensed in the past in various moments in my life! thank you guys for this inspiring and uplifting conversation- I got so much value from it, I'll be sure to re-listen again. Thank you, thank you for the amazing wisdom and the gifts you're sharing so generously on this platform. I feel so grateful for being alive right now!!
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $875k by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@@hunter-bourke21 Interesting. I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I'm been guided by "Camille Alicia Garcia." who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
Camille. Has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
It's funny to see Alex look nervous and so excited at the same time in an interview, it seems he really has a lot of respect for Tom and being on the show, that's so cool. I'm not even halfway through but I have a feeling this will probably be the best interview I've seen of Alex so far - props to both of them for such an amazing interview!
Cause Tom isn’t buying in to his J conman sales tactics….he is selling shit that people don’t need
Alex is so ahead of anything I've ever seen about business on social media. This guy is a beast, a freaking legend!
It is happening folks, the future of work is being redesigned. Yes, More tech companies wants to fire more workers from next week: "The third wave is going to happen next week. That affects everybody in the biz teams, including in my organization. It's just a time of great anxiety and uncertainty" Says Meta President.
Time and tide will not wait for any person. That means we must pay attention to how new technologies, and specifically AI, will make it easier for companies to become more efficient. Simply, this companies may not need a lot of workers, your bank may not need many staff. Your insurer may not need many workers. And the list keeps growing.
Is it time to require mandatory payment where even if you have no staff, you have to commit a certain percentage of your revenue which will be used to distribute to citizens as a "wage" alternative?
It has nothing to do with AI. Economic distress in America is enormous. Many banks have gone under. Inflation is biting harder. Ukrain miscalculation is obvious. Facebook has been using AI in most of its features and products for more than 15 years now, so Ai has nothing to do with it. They embarked on unprofitable projects. And over hired. Apple has never laid off employees despite the economic downturn. They did well in hiring and never had failed projects. Metaverse failed. Gaming projects failed. Fintech, Lira failed. In the last 20 months, Sanbberg left, nobody is there to "tame the lion"
Most Tech companies went woke: hired talents in order to prevent competitors from having access, they kept them idle, just to hijack a pool of talent. Over hired without proper assessment and protection. The existing projects couldn't turn in expected revenue, even before inflation war in USA set it. Let's put it in perspective without blaming AI. 95% of big tech have been using AI in the last 15 years. Building a passive income is a real hedge against inflation. Such is a thing that won't fail when the govt and the big tech fails.
@@BillAdamson-bp9ff focus on acquiring a trusted advisor who can guide you. With their assistance, you can engage in trading and generate profits in stock and cryptocurrency markets, even if you lack prior knowledge. Why not look up "Jennifer Puckett Hunter? She's a great fit
@@BillAdamson-bp9ff Why not look up "Jennifer Puckett Hunter?
This is an amazing interview. I LOVED the existentialism and the DEEP questions towards the last 20 minutes. One of the best interviewers i've ever seen
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
So what I do is buy companies that are doing good things, executing on business plans and then short companies that are missing earnings, it’s as simple as that.
@@berwickperu7683 Lol Berwick, we’ve been in a rally for the last decade, you just gotta accept not everyone is as knowledgeable in the market to handle the opportunities a crash market presents
and unfortunately for me too, I got in 2019 right before the market’s melting point, I just hope I recover soon enough before retirement. Stay strong.
@@brownhilton2842 I think the market will suffer more downtrends before full recovery, esp. with the inflation, hiked interest rate and looming recession bound to happen 2023, you should understand the market is not just finance and valuation, it’s history, it’s market psychology, it’s understanding how the world moves, which is why at this point in time, it’s ideal to work with an Investment-adviser with an
unparalleled track record, from first hand experience, I could say they stand a better chance than most of us ever would and it has been reflecting on my portfolio. I made over $850k in net gains this year alone and I’m unbothered about the market outcomes cause I’m certain I’ll make a killing, it’s all perspective guys.
@@richardyepesdiego5702 that's huge. who's your advisor and how can one work with her?
@@diegolim6277 just Search and connect with 'Karen Marie Emma' .
She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets.
She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
Phenomenal interviewer. Tom listens AND asks the questions we want to hear. As simple as that sounds it's rare.
He has improved a lot over the years.
Seeing Alex so excited explaing his frameworks, then seeing Tom not meet him at that energy level killed me inside. Poor Alex, I know is was not intentional by Tom
This dude is going to destroy the social media space because he makes you want to listen to all his interviews
Best dude I’ve seen in awhile
He indeed drops many gems
I've tuned out about 40 times, actually.
@@PULAG sounds like a mental control issue. Should prob get that fixed.
@@PULAG Most people tune out, and most people aren’t super successful or aren’t cut out to aim to be super successful.
Wow, this video really hit home for me! One thing I learned is that your self-worth shouldn't just come from money or success, but from your actions and the effort you put in. It's surprising how much power we give to our excuses instead of owning our circumstances. Also, the idea of using a future perspective, like imagining being 85 looking back on today, is a game-changer. It helps you realize that many of our current worries won’t matter in the long run. Lastly, the focus on enjoying the journey, even with all its ups and downs, is so important. It’s all about that feeling of progress rather than just the destination! Thanks for sharing these insights!
Alex never fails to add so much value to these interviews, great work to you both !
So cool to hear entrepreneurs talk about their life experiences and struggles but they refused to let it take them to the gutter. So inspirational, we didn't have this 15, 20 years ago.. we didn't have people whispering or telling us what better lies for you when you think you're sh*t out of luck.
Great stuff that really makes you think about what you've been doing with your life. My main challenge is just carving out the time. How do people work 40 hours a week at a job, get groceries, run errands, eat, bathe, get adequate sleep, spend time with spouse, and still have time to build a successful business? I listened to this whole interview while I drove around for work, so I'm already multi-tasking, I just can never seem to catch up on just getting stuff done apart from building a business, I don't know how people find the time.
Only way I found to help is to use a day planner or use an app and track everything you do all day in 15 intervals your gonna shit yourself on how much extra time you have.
but you waste most of that time on social media and entertainment 🙁
Learn to do each task just a bit faster/more efficient (utilizing less energy, time or resources). Study each one of them as if you have no fking clue how to do them. Then you'll level up dramatically overall, even if only in a couple of areas, the results will improve enough to motivate you to do more. You'll have to be very fit (cardiovascular, muscular and mental strength), so make that a top priority.
You know exactly what to do, its just impossible to see break points in success as of now (think rest points while summiting a mountain). Also vices like smoking (any smoke/device) damages cardiovascular health, making us dumber and slower mentally. Drinking as well, just drop those down to virtually zero. You'll feel like a brand new person in a few months. Then that person is far more capable and hopeful.
1:21:32 For those of you that let people and circumstances get under your skin. This is a great lesson Alex shares here. I personally think this might be the secret to his success.🤙
That was great, thanks. Looking for TLDW; notes here
One of the more stupid things I've heard in my life. If it was that simple, depressed people could just 'learn' how to be happy by just imagining hypotheticals.
@@SajinKomamura-cp2zu I’ll pray for you.
"Everything looks like an opportunity"...
This is literally the battle I've been facing since I realized that working for myself was even an opportunity!!
Alex said in another interview that "people literally just can't see it!"
He was talking about making money.
That's me! I see and know and dream of becoming someone who is financially well off, doing something that matters and lives a much better life- but I just don't know how to get there!!
Edit: this is why I keep watching these types of videos. I think I need to start reading books too, and decide WHAT it is that I wanna do. 💜
Or take it a step further and just start something. Or Take a sales job for a while Seriously. If you can make it through sales you'll really understand what it is to work for yourself.
@@thankdrew1173 exactly, i started in sales just 2 years ago after being a w2 minion for 35 years in the medical field.
Building my own biz for my self and my family has been the hardest most rewarding thing i have ever done on all levels, emotional, spiritual, and learning who i really am as a person.
Overcoming shiny object syndrome and my demons has been my hero's journey.
Just Keep 🏊....
I think the reason we get held up in the shiny objects syndrome is our fear of failing.. We mistakenly want something that will succeed right away..yet the rule is when beginning we must fail anyway. So we should just select one thing..focus in it by running 100 real world work experiments...fail & adjust.. 100 more experiments.. fail & adjust...then with patience& delayed gratification & more work under guidance of a mentor adjust again to succeed. Once something succeeds hold onto that and multiply that exact thing 100 times to a six figure income..multiply more that thing to even a seven figure. I think that's the gist of what he said..which I've never heard because it includes the failure & discipline cycles involved which most online gurus avoid.
Get into life insurance sales
What is/are your best skill(s) that you believe you have? What's your current job?
Right On!
Success is a Process not an event. If you are willing to commit to the process and not see quick fixes. You will eventually become successful. Most people quit way to quickly and don’t understand the importance of developing stamina. Success is simply but not easy.
I wouldn’t be exaggerating if I say that almost every sentence is a GEM
It’s my first time to hear a such a huge amount of wisdom in one episode
WELL DONE 🎉
I am forever grateful to both of you ❤❤❤
“Meaning is self-prescribed” such an eye opener. Thank you for this content.
The amount of value provided by this discussion is near the top of my list, thanks
26:45 - I feel this resonates very much with what you say.... " A society grows great when old men plant trees, The shade of which they know they will never sit in. "
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
Lisa Angelique Abel is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
I would say that depends. I know many that lost millions in the 2000 Era Crash. Since then, they just saved & kept their money out of 401k's and banks. We found 100's of thousands hid in our grandfather's home when he passed plus $400k in one bank that he forgot about & another $600k in a different bank. All millions of mineral rights money that had been deposited over the years.
@@alexyoung3126🙄🙄🙄🙄🙄 you are everywhere
Not gonna lie. This podcast reminded me to focus and gave me a goal within the opening minutes, to the extent that, I feel I need to pause, go away, get a web page up, find a product chose an advertising campaign, stay on it for 100 days. And then come back and continue with he podcast. That's how useful this podcast is and what a great intro.
Alex is one of my favourite thinkers on this planet. His ability to make complex ideas simple is unmatched
I heard Alex in different interviews saying the same thing in different ways, and every time I understand it more deeply
It’s never the lack of
Resources, it’s the lack of Resourcefulness!
This was one of THE BEST interviews I’ve ever watched and I was here when this channel had 100k subscribers!! Wow ! The dept of topics, the exchange, the questions -> Gem !
😭😭 I cried when I heard about the 3 traits of successful people and when Tom was describing his experience of not feeling smart enough...soo resonated. It was like they were in my heart. Wow. Validation of my feelings was like rocket fuel today. Thank u for this interview!
RUclips has been of great help to many facing challenges of making best decisions on what to invest in, I have racked up in profits $558,405 from $185k capital in august last year to be exact on my portfolio, after i watched a news interview on where Mary Freed Lorenz featured during an IPO and spoke proficiently, caught only her name and did a search later online.
Alex is 10000% legit and I love the way he explains his frameworks. Learned a lot from him especially about offer creation. I recommend his book the $100M offers.
my two big bros finally meeting is so validating for my journey and struggle....so proud to be part of impact and hormozi nation! gonna put this on loop for the rest of the week!
I just love how Alex explains it all out in understandable bite-sized pieces.
This was an amazing interview to listen to this morning. I love how he spoke on doing the same thing, that one thing no matter how boring it gets everyday until you get the results. I’ve been telling myself this a lot lately and doing it. This was confirmation to keep going.
Thank you both 🙏🏾❤
Same here! This interview is Liquid fuel for the next two years. Go for the gold S Tramel! With persistence
Best part 40:00-42:00
I have been operating a cleaning biz for the last 10 years. I am still learning everyday. My biggest hurdle has been to find staff! Once I break that barrier real wealth will be created
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@@lawerencemiller9720 The coach I use is actually quite known, Eileen Ruth Sparks, she has a wide presence on the web, so you can just search her.
arent all those supposed to burst, when the next crash comes....?
This was some sophisticated bullshit 👌🏻 💩
So crazy to see so many “mentors” peers merge together to share knowledge.
Thanks for being the next gen. leaders.
amazing interview! he is talking about everything I am currently doing but not dedicating enough to it! one of the biggest take aways from this was when he said pick one pursuit! this was my most difficult challenges coz I am naturally a creative person and I was jungling all kinds of different projects like RUclips, online selling, Amazon FBA, writing music and music production! after watching this I soon realised I had to drop one of these projects to become successful ! I decided to drop music and focus on online selling and RUclips
I really enjoy it when the questions and responses get more personal. Their struggles become real and are very relatable. Great interview!!!
Alex and the words he shares are *POWERFUL.*
Every time I hear Alex speak I make sure I have pen and paper ready. The man drops knowledge.
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss LIBERTONCORP
Women either... We have to work smarter, twice as hard & much longer to be recognized, acknowledged & get ahead...
@@calista1280 i dont agree with that.. especially not in america
@@botondszendrey5960 Well, you & I may not agree with it & I certainly wish it weren't so. But it is our everyday experience and it's happening none the less...
@@calista1280 idk maybe less agreeable but that’s with anyone
@JOHN Fuller I don't know what you're implying...
I have listened to quite a few of Alex Hormozi's interviews, I like this one the the best. Helps me to identify and overcome the things that are keeping me from taking action.
Powerful quotes from Tom---1:16 min: "What is it that you think of yourself when you're by yourself?" and "Never tie your sense of self worth to money."
"How I" vs "How to" when it comes to making content - I love it, this was really great and just what I needed to hear!!!
I completely understand that need that Tom talks about. That need to achieve and something to prove to myself more than anything. Ugh.. it's torture..
Great interview!! Just discovered Alex Hormozi a few weeks ago and learning so much already.
Remember: You are enough. It helps me, Troy Baker, the voice actor taught me that.
@@amadeusakreveusmusic3356 Thanks for that. I'll have to remember to change my thinking when I feel myself .. going down that road.
Love Alex's frame of mind / reference being the 85-year old exchanging his fortune for time along with taking joy in the ride rather than shooting for happiness. Nice way of practicing gratitude! Combine this with David Goggin's "Callousing the Mind" / "Training for Life" and you have a perspective that will remind your to savor life and push through when things get tough. Thank you Tom for continuing having these visionaries on your show and getting the "most out of them" for the rest of us with your amazing interviewing style!
3:00 tom is such a great host, great skills to make others feel good
one of my favorite podcasts in a very long time. 2nd time listening.
I relate with this to a level I could never imagine. Been in the trenches of entrepreneurship for 12 years now and there is so much here and wisdom in this conversation.
Till this day ! Tom still bringing these gems and having the greatest conversation.
This was a great video. Definitely hit certain areas I am working on currently. Thank you!
You're one of the best interviewers. I like your questions. Maybe it's just the fact of listening to people in my age bracket but it seems you're asking all the right questions and getting some great usefully answers that gets rid of a lot of the mental clutter.
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look
I want to build wealth through taking the time and effort to consistently invest but i lack good knowledge and strategy to outperform the market, yielding good returns. I have $60k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
i did a quick web search out of curiosity and i found Deborah , she has a good inv. background, i hope she responds to my mail on time
I'm in the top of the seventh of my life no education and now a retired barber I had a client who was a successful financial advisor but I never picked his brain we talked about sports travel and other topics he knew my financial situation and one day he called out of the blue and basically told me Andy start investing in xrp as much as you possibly can do the research and focus thats what brought me here !