Alex Hormozi
๐ค SpeakerAppearances Over Time
Podcast Appearances
So then you put as much as you possibly can into it.
And so for many of you who haven't had that reinforcing cycle, that one time where you spent money and you made more money back.
I was very fortunate that the first thing I ever spent money on, I made more back.
And the next thing I spent money on, I made more back.
And so I got very addicted to buying money, basically trading money for skills that I would immediately be able to make more money and increase my income.
And so as much as alternative education has its share of scummy people, because it does, don't get me wrong, I mean in a lot of places it's successful, it's still a cheaper alternative
to learning realistic, real-world skills than higher education.
So if you were to spend $100,000 on courses in coaching, for example, or tutoring, which is how I prefer to do it, by the way, after doing some research, as in look online, make sure people have good reputations, make sure they have testimonials that are people like you, and they have many, many of them, they don't promise too much,
right?
I'm convinced that your life would change far more than $100,000 of higher education.
And I do think you can learn a lot of stuff your own to be very clear.
YouTube didn't like really exist the way it does now when I was coming up.
But the thing is, like, this is me trying to
provide whatever value I can in terms of like my path is that I was just always willing to pay for speed, right?
Speed and the time value of money is something that I think people just wildly underestimate, right?
Like if you can increase your income for like, you get your five-year increase in income in one year, the difference is the value of that learning.
And I just, I don't know why people don't get this.
I mean, I'm like, I think Charlie Munger, you know, and Warren Buffett had a little moment where he was like,
You know, it's really not that complicated.
And I think Munger was like...