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Acquisition HQ Workshop · MoreMozi

My first $100K was the richest I’ve ever felt...

Seeing $100k in the bank felt richer than any amount since, he says, because going from near broke to six figures multiplied his net worth roughly 100x rather than adding a fixed sum.

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Alex
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MoreMozi

Alex Hormozi ›

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Format
Acquisition HQ Workshop
Origin
MoreMozi Shorts
Transcript
Full transcript on this page

Chapters

  1. 0:00
    Abschnitt 1 The first hundred grand was the richest I have ever felt.
  2. 0:39
    Abschnitt 2 >> [laughter] >> I get it.

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

2 segments

0:00Unternehmer/Gast The first hundred grand was the richest I have ever felt. To this day, I remember opening up our bank account and there's a hundred grand in it. I babe, like check this out. And I just like showed it to her cuz I was getting choked up. And right after I said that I was like babe, I was like we can [ __ ] up for three years and be okay. For anyone who's broke right now, you probably know what your burn rate is. And I was like 30 grand a year, I was like both of us together we're good. Can't lose now. I was like we got three years to run with it. I think about that a lot cuz I'm like I wonder why why did I feel so rich in that moment? And I think it's because the relative change in wealth was so extreme. If you have a thousand dollars in your bank account and you go to a hundred thousand dollars, you're a hundred times richer. I mean, for everyone who's listening like I was broke up to this point.

0:39>> [laughter] >> I get it. Like it was insane.