If you think like this, you will stay poor and unhappy...
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- Опубликовано: 10 сен 2024
- Want to SCALE your business? Go here: acquisition.com
Want to START a business? Go here: skool.com/games
If you’re new to my channel, my name is Alex Hormozi. I’m the founder and managing partner of Acquisition.com. It’s a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $200,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, I’ll give you some stuff you can google to verify below.
How I got here…
21: Graduated Vanderbilt in 3 years Magna Cum Laude, and took a fancy consulting job.
23 yrs old: Left my fancy consulting job to start a business (a gym).
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time.
26 yrs old: In desperation, started licensing model as a hail mary. It worked.
27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months.
28 yrs old: Started Prestige Labs. $20M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months.
31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal.
31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses.
34 yrs old: I became co-owner of Skool.com to help the many people who want to start a business online do so.
Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year. Our ownership varies between 20% and 100% ownership of the companies. Many of them we invested in early and helped grow (which is how we make our money - not youtube videos).
To all the gladiators in the arena, we’re all in the middle of writing our own stories. The worse the monsters, the more epic the story.
You either get an epic outcome or an epic story. Both mean you win.
Keep crushing. May your desires be greater than your obstacles.
Never quit,
Alex
FULL DISCLOSURE
I make content to make money - just - on a longer time horizon than most. I want to build trust with business owners so we can find the best ones and help them scale. And if they’re awesome, write them a check and go all the way as partners.
![$100M CEO: "Why therapists failed me..." [language warning]](http://i.ytimg.com/vi/o7R_K6LwKNk/mqdefault.jpg)
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Alex as much as I love your business content, I'm starting to realize I like your philosophical lense more. Would love to see more of your talks on unconventional beliefs!
Philosophers think to much. If you wanna be free stop using your mind and setting expectations… Thinking to much in itself can turn into a disease. If you stop using your mind so much “thinking” you will be happy… if you use it to much you will drive yourself crazy. Simple concept
@@bhh2100 I noticed the the 'genius' philosopher friend 'lives in a cave...' Usually the case with those types. Fine if it's truly his choice. Not for me though.
I back this. Alex doesn’t know it but he’s basically my counselor at this point. Constantly dropping the best insights and advise
@@bhh2100how can you be a philosopher and not think too much? That’s literally what they do. Overthink everything to understand better
I really hope he sees this.
I genuinely appreciate that more than just business education, Alex is trying to teach all of us how to THINK!
Its true the more you seek happiness the more you reaffirm that happiness is somewhere outside yourself. All the happiness you need is in the present moment . It is your god given right to be happy.
So the goal is not to be happy, you're already happy, the goal is to house your instrument to build systems in the world and create alongside your fellow humans.
Helpline .👆👆
On how to start earning...
If you stop thinking and using your mind you can’t set expectations and boom you’re happy. This is the concept of meditation. Overthinking is a disease and for as much as y’all type damn.. you think A LOT
I came to the comments because I feel his wording was not helping me understand. I think you worded perfectly
Nissargadatta’s book “I am that” is exactly what Alex is attempting to communicate.
Is “I am that” the same as “I am not the body” ?
Sounds like Alex went from doomer to bloomer mentally. Negative to positive nihilism. Realizing that life is meaningless and then realizing you can decide what is meaningful and pursue it knowing it ultimately wont matter. You become focused on the journey instead of the desires.
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I thought deciding what is meaningful by yourself is existentialist
@@Catthepunk It is. There is no such thing as positive nihilism
Make up your own reality! Make up your own meaning when you feel there isn't any. It's not delusional I swear!
u perfectly capture my thought! because i can resonate the way he thinking tho. this kinda thinking tobe honest is feel so lonely
Legit gonna keep coming back to the whole podcast as often as I feel I need, so much to hear in this and transform worldview to become better
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As a Christian my actions matter but I get your point as far as happiness and success. I have to stay in the lines as far as the word of God.
I was thinking the same thing. Obviously different belief's. Nihilism and Christianity, but very insightful nonetheless.
Thank you for showing us this side of your mindset, Alex.
Helpline .👆👆
On how to start earning...
This kind of talk is true therapy especially in this social media era
I like this guy...and it's called realising who you are beyond the mind.
He’s saying the purpose of life is to live it, that’s it. Everything is everything, nothing more, nothing less
Helpline .👆👆
On how to start earning...
I was more interested in this part of the conversation than any other part of the video. Thanks for sharing this portion! It’s super intriguing and I hope we get to hear more about your
Thought process on life
Helpline .👆👆
On how to start earning...
This video has changed my life forever. ... something about the way You have pieced it together is resonating more completely than ever before. After a year of applying what you have pieced together for yourself, and for me, I can't wait to see what all it leads to. I believe being "freed" within the mind is one of the purest and possibly the sweetest freedoms of them All. Without it, how could we feel completely free within any of the other freedoms...
still changed?
@@hmetkaya04 If I were to track my happiness, it is increasing almost every month compared to the last.
I'm using Julien Himself's approach for my core-most inner work. And Alex Hormozi's insights on happiness conditions, on resolving everything subconsciously so that all attention marbles can be returned to our main bowl, Yeah, I'm layering Alex's approach on top of my core work with Julien, and I'm also using a lot of Alex's approach in my business for life. I can't unhear what he's truly imparted to us.
I feel like he's the embodiment of Jack Reacher when people ask him what he does for life and where he's going.
Then he just answers "Whatever I want and wherever I wanna go".
Inspiring.
Yeah the last 30 minutes of that podcast was awesome, honestly listened to it at least 4 times
Helpline .👆👆
On how to start earning...
These are the same teachings of Sadhguru and I believe it wholeheartedly. Experience life exactly as it is without putting a spin on it. That way you can make objective decisions not affected by bias and false expectations. Powerful
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I pray I watch this video 3 times a year minimum. Just added it to my Quarterly folder.
It couldn't resonate more... for me. It's like, to me, this couldn't be more beneficial advice. This paradigm he's speaking from just IS ... one of the most peaceful, freed mental states to live from, in my opinion.
Love the AA stance. My whole family is alcoholics and I partyed way too much and went in that direction during and a little after high school and I just separated myself from those friends and stopped drinking for a few months because it made me feel like shit and dragged my workouts down and I understood how to break habits that weren't serving me. And then after that I just drank socially whenever I went out on the weekend and my tolerance was lower and I drank way less and it's actually much more enjoyable this way.
But I never felt like I was an alcoholic. Never wrapped my mind around this identity of alcoholic. And I do have a slightly addictive/ obsessive personality.
Also quit nicotine in a similar way. I just started only smoking when I'd get irritable until that became less frequent - non-existent. Then I'd just stop.
The only difference is alcohol was boredom driven and nicotine is actually very chemically addictive so I needed to ween and approach it differently. Alcohol I just quit one day and busied myself with better things.
But I never identified as some kind of addict or thought I needed these things to function.
The only thing I've not been able to get away from is smoking weed for sleep. I just have random nights where I can't sleep and idk why and it fucks up all my productivity and ability to focus even more than when I used to party too much. I just don't like pharmaceuticals or zzzquil. They have side effects and lose effectiveness in a couple weeks
Watched this whole podcast because I knew you would throw some gems out. Your channel motivated me to break from nursing and start a business or two. I know the start will be slow, but I can't wait to figure the S*** out. The things you said in this will actually help people take action. Thank brother.
Helpline .👆👆
On how to start earning
Who decided the start needed to be slow?
@@jaketurnbullfit right
I’m glad you clipped up the podcast, because it is long, but totally worth a listen! This episode was loaded with gems o
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Thank you. Thank you for deconstructing "having expectations" and the "meaning" of life. Golden. 🙏🏾
Being happy is an emotion, and emotions fluctuate. Sometimes you're happy, sometimes your sad. Sometimes your confident and brave, sometimes you're fearful and unsure. The thing one should strive to be is at peace.
Did you watch the video?? “Striving for peace” means you are saying you’re currently not at peace. Why not just choose to be
Please bring your friend on the channel and share some more views on philosophy! This is gold!
Helpline .👆👆
On how to start earning
I feel that, growing up poor when I was in high school I thought. Once I have these things in the future I will be happy. After I bought the house I wanted and vehicles I liked I felt the same. I do enjoy those things but now I see that’s not where happiness was. Now I feel hanging out with my friends and family would be the best. I feel like now I’d be happier if I had friends to hangout with every weekend.
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This entire conversation is the Power Of Now by Eckhart Tolle.
Amazing book i fully understood what Alex was speaking on.
Or zen buddhism. Or Marcus Aurelius' meditations. Stoicism.
I revisit this video monthly. Alex puts out so much value, but this is the one that always draws me back
What you put your attention on is what grows. Like what you mentioned on your 100m book, our greatest resource is our attention.
I know you said it’s from your philosophy friend, but a lot of spiritual teachers are people who preach this.
We don’t have to go around trying to change the world or others, we just focus on ourselves. And soon we will see the problems in the world disappear.
I probably rewound that Gram video 50 times trying to extract these nuggets of info and process them. I'm still doing it TBH. Alex spitting them out like a full auto machine gun.
I think the guy he mentioned is Dr. Tervor Kashey. I listen to his podcast as well. It's great but he delivers the info so fast, it's hard to process. I have to re-listen his as well. They're ~15mins so it's not bad.
Found Kashey from Michael Easter's book. The Comfort Crisis. It's a great read as well.
Didn't mean to get too far off topic, just kinda wild how all these streams are crossing. Keep up the great content, Alex and Co. Much appreciated.
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Imagine a conversation between Alex & jordan Peterson. Two titans of society having an intellectual conversation 🤌🏽
I'm 3 months into a new corporate job and was wondering what responses I developed that affected my mindset. I hadn't nailed the reason until I listened to this. You're spot on. Habits and processes need to be done for the love of PRACTICE. Thanks for putting it so bluntly, I was living this until a few weeks ago and know understand how to get back on track
You could tell the different income levels in the room by the way they talk
Not sure i agree with you on this one Alex but I'm a massive fan. You've changed my life.
Well he has a point on Alcoholics Anonymous, it was founded by women beaters
watching through this the first time - I was mind blown.
watching for the second time, I instantly feel grateful that I have been able to implement this type of thinking into my life.
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"Misery caused by expectations of others."
100% truth.
Yes. Had no problems living my life the way I intended but then again I had to fit in like everybody else. I think we listen too much to others, and that’s pissing me off to realise some do too much when some others don’t do at all any introspection - (women vs men responsibilities in this is quite astounding)
@@FistOfHatred
If your intention is to fit in or to please people, then living your life as u intended is doable to the point that others' expectations don't start conflicting w each other. As a person who never intended to please others, I fought that tendency from the get-go and found myself on the raw end of some of my most intimate relationships. My wife struggled even worse in this regard.
Interesting perspective. Not sure I agree but that’s completely fine.
I stopped caring a while ago, got 3 lovely dogs, started amateur YouTubing, a side hustle and hobby projects, ... Loving it! The trade-off is, I stopped chasing meetups with friends so basically only have my family to talk to and Tinder but seems like a one-way communication channel, waste of time.
Deep, that’s why I love reading about Stoics etc
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Happiness is a light on the dashboard of your life. It’s an indicator that your thoughts are helpful and aligned with your values.
Basically it’s feedback.
Best version of nihilism I’ve heard.
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You don't know what nihilism means then. This is closer to existentialism.
He created a real business. In the biggest money printing era ever. He’s most deff a multi millionaire. I’m intrigued to see how many of those M’s he’s got after this financial crisis plays out
Alex is like "The Preacher" in the book of Ecclesiastes. Meaningless, meaningless, everything is meaningless...
Helpline .👆👆
On how to start earning
Alex I can’t even put into word this mindset but it’s amazing. If anyone could recommend me some books on this topic I’d love to dive deeper in this.
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Happiness is your true nature. Trying to be happy distracts you from being your true nature.
Helpline .👆👆
On how to start earning...
I think Alex grabbed this from Naval/Gita who he credits all the time - there’s a saying for this which says “Do the work/your duty, without expectation of fruit/results”. Karm kar, phal ki ichha mat kar.”
Helpline .👆👆
On how to start earning
That's my queue to start a RUclips channel. Thanks for freeing my shackles and eliminating a limiting belief, Alex. Love your content, hope you keep doing it.
6:17 What is the name of the philosopher friend Alex is mentioning here? I can't quite make out the name though it sounds like Dodger Gashi.
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This “just is” concept is so powerful. I’m on nofap technically, but all I think is “im not a person who does that”; not “oh I gotta fight that”
I completely agree with his mindset of total acceptance. I think he missed the mark on AA. The way I see it is naming that you are an alcoholic out loud is the first step to total acceptance. Eventually, like he mentioned, once you name it and accept it then you move on to not even thinking about it. The people in AA are still on the journey of acceptance
Ehat you are saying a lot of people do not understand. I had a awakening so i understand what you say.
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Interesting title it hooked me watch the whole video! Great discussion, guys, enjoyed listening to your point of view. 💯
Helpline .👆👆
On how to start earning
Alex literally has nothing to sell to us
He is trying to market to us something that needs no marketing but is the most important thing we fail to realize.
Heavy, right on Alex 👍🏻
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YES!!! I am establishing a fashion empire with no wife and no kids to inherit what I am building. So what? It's not going to make me happy or sad to know my work is going to die with me. My state of happiness, which is, as Alex said, an ever-present entity, is independent on my work and goals.
I am blown away by the depth of this man the more I watch
So many people will watch and hear this video, but wont listen.
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I think the disconnect came from what you two derive as happiness rather than the concept itself. One Alex is happy to work while the other is working to be happy. Hermozi finds his dopamine while building and achieving while film Alex finds it spending time with his family. He might enjoy the film process and editing and what not but he is happier to spend time with his family.
Damn, your arguments are so logical and so precise
Helpline 👆👆
On how to start earning...
“If I die, in a thousand years, I know nothing I do is going to matter anyways.”
Alex set up that expectation for himself. I understand the purpose of that mindset. It is based on an entirely self-serving worldly view. You cannot know if seeds you plant today won't have an effect in 1,000 years and will very much matter. It does change the game when you develop faith in Jesus Christ and understand that you are putting your imprint, even helping to build upon on an eternal foundation yet to be known or understood in our reality. You don't have to comprehend it fully to walk in it. Eternity, being sure, yet details unknown, super charges your seed planting and increases your purpose exponentially.
Dropping bars. This philosophy of life reminds me of navals book and podcasts
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I was so excited when I watched this video. I remember reading trumps books and realizing how much larger the world was than my thinking, and your interview opened my mind up even further.
You speak my language to a tee - could have hours of conversations with on all of these subjects… thank you for sharing!
Yes! Have no alterior motives.
Love this! It’s like rich people don’t tell you they are rich you can just tell. Or 5am happy people don’t tell you they’re happy they just are
Once you have everything you can have this mindset, when you have nothing you need something to get you to that point. The why
This is so reliefing in an unbelievable way! Oh my lord. Why do we tend to complicate life! i wish this video was longer 😳😵
Alex, I LOVE the way your brain works! Thank you for sharing your knowledge
By saying who cares about happiness your trying to escape the responsibility of being unhappy, because you know that your unhappy and that it's your fault.
ALEX, don’t Rest on past successes is what I’ve learned from you!
Please keep posting your own thoughts even tho you have had that 2 hour interview with these two guys.
Which was fucking crazy by the way!
We wanna hear your voice fella
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Life just is? That’s lame. Life is more than that. There is a reason we are all here. And you will be sad until you figure it out.
Helpline .👆👆
On how to start earning
if there is no card in the camera - how are we seeing that dude? (weird....) ;) great upload. Thanks Alex!
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This thinking process might help you become like a child.
Doing things coz you really enjoy them, with no adult overthinking attached.
Very true
Only two minutes into the video and already so much gold.
Love this, more on Dr. Kashey please.
Thanks so much Alex. I bought your book. Eating it as fast as i can and learning and applying. Again thank you!!!
I learned this from landmark forum. I’m glad he is just as woke as I am.
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You cannot escape our need to have certain belief or faith in life. Just be careful on what ideology to adapt.
Just brilliant. Nothing more to say.
Alex, everything we do has meaning or we would not be doing anything. Genuinely, I believe everything in life has purpose, by working a job just to get by you are still trying to reach a goal either by putting food on the table or to achieve better in life.
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That's a belief statement, and not a statement of fact. You cant impose what might be meaningful to you on others. That's what assholes do. Lol
@@crashoverride2345 What is meaningful to some people may not be to others.
Like you can be self aware…. Or Just be yourself..
That is like one of the chapters of The Bhagavad Gita. But it is fascinating to see it in action, in businees and in life
Responding to minute 7.5 ish In ancient Hebrew the word ehyeh which is translated to English “I am” also means “I will be” I complete agree with Alex and being cautious of what you say about yourself as it can become essentially a self fulfilling prophecy.
Yes enjoy the journey and keep a positive loving mindset.. however we must not stop fighting against the cruelty of this world with that mindset.. poverty should not and DOES not need to exist. It suits the purposes and journey of others. It is time to fight back and guarantee a peaceful loving journey for ALL. As long as some have billions they could never spend and most have not enough to eat or pay rent they are robbing our journeys of their full potential.
Holly crap bro. Never thought about it this way.
I believe because I believe. I have faith because I have faith. Same thing
The most realistic thing i heard. thanks
Thanks for reposting this, I watched the entire interview and this was my favorite part. I’ve been examining the words I speak and the thoughts that I have more closely. Thanks for sharing!
I like how NOBODY CAUGHT THE MAJOR POINT
Alex says
“Life is meaningless there is no point to any of it. And which I agree with them”
Gram and that other Guy completely missed what he laid out. Humanity has made up all this chaos in our minds. But threw this chaos we have learned. Take what your have learned and apply it to succeed the next. And wealth will find you. Experiences matter greatly , clothing & cars do not. Our time is coming to end, day by day
I totally agree with this dude. But I wonder what his thoughts would be if he had kids with his wife.
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Once upon a time there was a Chinese farmer whose horse ran away. That evening, all of his neighbors came around to commiserate. They said, “We are so sorry to hear your horse has run away. This is most unfortunate.” The farmer said, “Maybe.”
The next day the horse came back bringing seven wild horses with it, and in the evening everybody came back and said, “Oh, isn’t that lucky. What a great turn of events. You now have eight horses!” The farmer again said, “Maybe.”
The following day his son tried to break one of the horses, and while riding it, he was thrown and broke his leg. The neighbors then said, “Oh dear, that’s too bad,” and the farmer responded, “Maybe.”
The next day the conscription officers came around to conscript people into the army, and they rejected his son because he had a broken leg. Again all the neighbors came around and said, “Isn’t that great!” Again, he said, “Maybe.”
The whole process of nature is an integrated process of immense complexity, and it’s really impossible to tell whether anything that happens in it is good or bad - because you never know what will be the consequence of the misfortune; or, you never know what will be the consequences of good fortune.
- Alan Watts
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Alex this is a great mental perspective concisely outlined that's easier to digest - I would say this perspective and believe is tied to first principles a physics way of thinking which in business allows you to be innovative and solve for root causes.
Holy, this is amazing! Mind-boggling; unequivocal facts. I can’t get enough of this philosophical master class
Love this. I would love to see you do a deep dive on the opposite of Simon Sinek’s Find your why. Well not really opposite as it just is.
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Not speaking labels over yourself...this was my biggest takeaway from all the wisdom in this conversation
In some way i feels like what Alex describes is basically nihilism.
And i get that.
Being free of any judgements and aspirations is really giving peace and freedom.
But. If nothing matter, then, well, it kinda sucks too.
I think we need a better solution.
Probably a mix of nihilism with aspirations.
(Talking from experience, coz i have actually went through the same thinking process as Alex , and it helped me transform my self from a young obnoxious guy ,.to a more relax one.
Yet i feels like it is not the full solution.)
Greetings from Poland...I have no idea how to start a business in war zone and in country that put down most entrepreneur thinking
Solid Stoic truths. "Amor Fati"
The other Alex couldn’t explain himself well enough but what he said is right.
Helpline .👆👆
On how to start earning
Hapiness is just a state. If you "want to be happy" pressuposes that you are not. Juat get into your state of hapiness, it's very easy for most people to do, it's also easy not to do. Meaning? What is it? What is it not? How do you do that now? : ) What do you need to stop pretending to not know, to know this?
"Exit the equation..." Bust the frames. They are all imaginary constructs.
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So good. Had to go to checkout the full podcast after watching this. Would love to see Alex guest star on more podcasts
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