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The One Thing Most People Don't Realize About Their Time

Alex argues your time isn't automatically owed to whoever asks for it just because your calendar is empty, and that spending it on other people's low return requests is why that time investment yields nothing back.

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Alex
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MoreMozi

Alex Hormozi ›

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Clip
Duration
3:35
Origin
MoreMozi videos
Transcript
Full transcript on this page

Key takeaways

  • If you don't want to go, don't go.
  • If they care whether you go or not, they don't care about you.
  • And if they care about you, they don't care if you go or not.
  • And so in the beginning, if you don't have money, the only thing you have is time.

Chapters

  1. 0:00
    Abschnitt 1 Reminder for anyone internally debating weekend plans.
  2. 0:37
    Abschnitt 2 And it's only not theirs when someone else has claimed it.
  3. 1:04
    Abschnitt 3 And so in the beginning, if you don't have money, the only thing you have is time.
  4. 1:29
    Abschnitt 4 It's also the easiest way to know where someone's going to be in 5 years.
  5. 2:41
    Abschnitt 5 So, my team and I put together the $100 million scaling road map, which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth th

Full transcript

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

5 segments

0:00Reminder for anyone internally debating weekend plans. If you don't want to go, don't go. If they care whether you go or not, they don't care about you. And if they care about you, they don't care if you go or not. Just because you have free time doesn't mean anyone who asks for it is entitled to it. I think the the second part I want to start with, which is if you see that you have an empty calendar, most people assume that if someone asks you for that time, it's therefore theirs.

0:37And it's only not theirs when someone else has claimed it. Which means that your time only belongs to other people. And then you're surprised by the fact that your investment of time has yielded nothing for you when you've given the only and most valuable asset that you have to everyone else who often give a very poor return on it for you.

1:04And so in the beginning, if you don't have money, the only thing you have is time. And so that is the only thing that you is the only currency you can spend to improve yourself or get closer to your goals. And so if that's the one currency you have, then why on earth would you give it away? I think it's genuinely right to say that your calendar is a better measure of your wealth than your bank account.

1:29It's also the easiest way to know where someone's going to be in 5 years. Or even a year. How so? You just see what they're where they're investing their time, and you can predict like more accurately what their life is going to look like in a year based on what they're doing today. And it's a good thing, you know, for us it's hard for me not to put the business stuff into it, but a reminder that the life that I'm living today is a result of the work that I did 6 and 12 months ago. And so if you were to look at my calendar 6 and 12 months ago, then you might extrapolate out to what I'm doing today. But, just like people want the immediate reward, they also see their current condition as a result of the behavior they're doing today. It's not not at all. And so, that's why I think having, in some ways, a very vivid imagination of like this is where I think the the benefit of {quote} visualization comes into play. I don't see it as much as a benefit for like, oh, I have to imagine this thing to happen. But, I think it's more powerful to think, I'm doing this thing today and I'm imagining it happening. So, it's an approximation of the feedback loop that you want to have. And so, it helps you substitute and get through the period where nothing's actually happening. Real quick, if you're a business owner and you are not growing as fast as you'd like, I'd like to give you a free gift.

2:41So, my team and I put together the $100 million scaling road map, which is basically 200 hours of us looking over all the portfolio companies we've had and what stages of growth they went through. And more importantly, where they got stuck and how they got past it. And so, we broke it into these 10 stages and we made this little kind of quiz thing where if you put in your business information, it'll tell you where you're at. And the most important part for you, what to do for each of functions of the business across product, marketing, sales, customer success, recruiting, IT, human resources, and finance. And so, no matter what you're struggling with, someone else has already struggled with it and solved it. And so, I'd like to give you this thing absolutely free. You can go to acquisition.com/roadmap, plug in your business information. And if you want us to actually help you de-constrain the business and you're trying to scale, we'd love to help you out on the Thank you page, you just book a call with my team and we will look at the business, see if we can help. And if we can, we'll invite you out to Vegas and we'll do this in person live.