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If you have less than $100,000 to your name, this video is for you.

Advises anyone under $100,000 to try a 30-day buy-nothing challenge, cut living costs by splitting housing, and spend freed-up time building skills, plus a rule: find whoever's best at your job and outwork what they do.

Watch on YouTube If you have less than $100,000 to your name, this video is for you.

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People
Alex
Channel
MoreMozi

Alex Hormozi ›

More details
Format
Short
Origin
MoreMozi Shorts
Transcript
Full transcript on this page

Key takeaways

  • It's not a discount grocery store, don't buy it.
  • And if you don't have the skills yet, go for the lowest version of that job and work your way up.

Chapters

  1. 0:00
    Abschnitt 1 Stop spending money.
  2. 0:29
    Abschnitt 2 Well, that guy works 10 hours a day, double it.
  3. 0:53
    Abschnitt 3 You can't rely on luck.

Full transcript

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

3 segments

0:00Stop spending money. Try the 30-day buy nothing challenge. Just buy nothing. It's not a discount grocery store, don't buy it. That's it. Live in a place that you're dividing it up between lots of people so it's as low as humanly possible. And then spend the rest of your time learning skills and applying to jobs that will pay you more per unit of time you spend. And if you don't have the skills yet, go for the lowest version of that job and work your way up. And you work your way up cuz I've had a lot of people when they come up to me they say like, "What's the one thing you can tell me to move up quicker in my job?" Find the guy who's number one, look at what he does, and double it.

0:29Well, that guy works 10 hours a day, double it. Well, that means I'm working all day. Yeah. How do you expect to be better than him? He's already better than you. And when he works 10 hours a day, he does way more than you do cuz he's more skilled than you. So, you can't let that guy work more than you and be better than him. How do you think he got better? Cuz he works more than you. You've got to be Kobe and do three practices a day instead of two and let that 50% extra practice compound until eventually you're unbeatable, you're untouchable.

0:53You can't rely on luck. You have to become less liable.