Alex Hormozis beste und schlechteste Ratschläge

0:00Alex, what is the best advice you've ever heard or received? Do so much work it would be unreasonable for you not to be successful. Second question, what is the worst advice you've ever had or received? Follow your passion. Question number three, a piece of advice you wish you received sooner. Find people better than you and do whatever you can to get them to help you, including helping them first without expectation.

0:27Question number four, a lesson that took you far too many times to learn. Focus. One thing, all in. And fifth and final question, we ask this to every guest who's ever been on the show. If you could create one law that everyone had to follow, what would it be? Everyone has to give all their wealth away at the end of their life. I love that one. But not to your kids. But not No, but it has to be Yeah, exactly. It has to be given away. To kids or or it doesn't matter? [clears throat] Yeah. Not your kids. Not to your kids. Yeah, yeah, yeah, yeah, yeah, yeah. You're saying beyond your kids. Yeah, my friend just told me the other day that his dad just took him out of the will.

1:00>> [laughter] >> And his dad's giving all his money away to charity. And all the kids in our gang didn't get anything. He was heartbroken. He was like, "Oh god, I thought I was going to pay off the mortgage on my house." >> That's so funny. So >> There's a Sanskrit saying around that, which is um uh if you have a good son, there's no need to accumulate wealth. If you have a bad son, there's no point to accumulate wealth. And so at the end of the day, that's I mean, that's my worldview, which is the reason that I want The reason that I would want the game to be structured so that everybody has to give all their stuff away at the end is because if you look at second and third order consequences of that, the people who are the best at allocating or sorry, aggregating capital, the people who are the best at making money, uh would be the ones who are also the best at allocating it. And so you would actually have the the best tools in the people who are best skilled to use them. And so if you know you have to give it away, then at some point near the the later part of your life, you would stop trying to amass um and start trying to you'd focus on giving. And I think most people who do give get addicted to giving because they realize they actually it fills a hole that the wealth never did.

2:00Yeah. Right? And so what ends up happening though is that from a societal perspective is that if all the best allocators of capital then try to solve all the world's problems with the capital they had, so many fewer problems would exist that would the whole world would get better. The other downstream effect of that is that it would get rid of a huge amount of kind of the cronyism, the the nepotism, the things where, you know, these these seventh generation massive, you know, wealth uh trust fund, you know, kids who like it doesn't serve the kids either. You look at those families, they're a mess.

2:27>> Yeah. Um >> of pressure on you. Yeah, it's Yeah, on on on so many reasons. Um and so I'm a big believer in equal opportunity, not equal outcomes. And so if everybody's slate was clean day one because no one got daddy's inheritance, then everyone starts at zero as close as possible. Obviously genetics, you know, can can play a play a factor there, but I think that's as as equal of a start as we can get. And then everyone starts at zero and and the ones you super win, then turn into super givers. And I like that.

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