While I'm listening, your biceps are doing most of the talking here.

@Itsmypureworld

2 жыл бұрын

Never be impressed by muscles

@Mark-lb1xn

2 жыл бұрын

@@Itsmypureworld 😂

@PARTYManagementARG

2 жыл бұрын

@@Itsmypureworld JAJAJAJAJAJAJAJAJJAJAJA

@evns7142

2 жыл бұрын

@@Itsmypureworldyour brain is a muscle

@dmonk952

2 жыл бұрын

@@evns7142 your brain isn't actually a muscle. It's an organ

Bro that last part blew my mind! "Wealth is a ratio between expenses and income, it is not a number!"

@wojciechorama

2 жыл бұрын

if it's ratio, it must be a number...

@wojciechorama

2 жыл бұрын

In my case its 0,25

@1589cam

2 жыл бұрын

dude, I thought that the EXACT same thing. It was like a fire works show with super, ultra grand finale. 🤣🤣Life changing.....

@randiaz95

2 жыл бұрын

Ratios are numbers.

@SolidWebTools

2 жыл бұрын

Ok people, let's clarify this whole misunderstanding of a ratio being or not being a number. Now, obviously Alex knows that a ratio equates to a number. But I don't think that's what he is referring to in a literal sense. What he means is that wealth is not the same specific number for everybody, it's based on a ratio between expenses and income that is different for everybody. For example, let's say person A makes $50k/year but has $10k/year in expenses, and person B makes $100k/year but has $80k/year in expenses, this would mean that person A is "wealthier" than person B. Why? Because person A nets $40k/year and person B net's $20k/year, they have twice as much money left over even though they make half as much income. So a specific amount of income does not equate to being "wealthy" for everybody, it's a different ratio between expenses and income for all of us. Which is why Alex says that wealth is a ration, not a number, not a specific number. I hope this helps clear things up. By the way, I am not speaking for Alex in any way on this, this is just me trying to help clear things up.

Dude you really make me question my lifestyle and goals. Thanks for the golden nuggets Alex.

@disposabull

2 жыл бұрын

The problem with chasing an expensive lifestyle is that once you normalise expensive luxuries they don't make you happy but anytime you then experience a lower level of luxury it makes you really unhappy. You are just building a golden cage for yourself. It is better to live modestly and occasionally treat yourself to luxury so that you can enjoy it the way a normal person would.

@valenciaflo3934

2 жыл бұрын

@@disposabull life is a bitch

@BIGGELATO

2 жыл бұрын

@@disposabull Got a question for you (seriously). If I lower my wants to a minimum, and realize my means for a healthy, comfortable lifestyle is give or take 100k a year, what is the motivation, the reason, to fetch for 8-9-10 figures? What exactly am I missing? Because, at that point of having $100M goals, is the reason and motivation about serving others? Other people? (B2C) or Other businesses? (B2B) is that it? That I have to 'want' to help others? or is there another purpose or reason?

@Samy-fk5tg

2 жыл бұрын

@@BIGGELATO Just replying to see answers. Great Q

@Samy-fk5tg

2 жыл бұрын

@@BIGGELATO Pretty insightful indeed, thank you good sir

Love that happiness equation. Spoken like a true Buddha.

The last 45 seconds were gold!

@AlexHormozi

3 жыл бұрын

Appreciate it man

@cole9732

2 жыл бұрын

My dad always used to say, “Who is richer? The man who has the most or the man who needs the least?” Thank you for your excellent videos! Great insights

Amazing Video!!!!

Your channel has quickly turned into my new favorite finance channel. Good stuff!

It requires money to make money this is the best secert I have ever heard we don't make money we make multiple money.

@stephenadams8698

2 жыл бұрын

Outstanding is the word. Her knowledge and expertise as a trader is really extraordinary.

@marcuswalkerjr.2756

2 жыл бұрын

Wow you guys really know expert Dawn Fitzpatrick ..? I'm a living testimony of expert Dawn , she has been trading for me for years now.

@marcuswalkerjr.2756

2 жыл бұрын

Sometimes I wonder if she uses magical powers to trade I've never heard or seen any of her clients complain of lost....I think she's just too perfect

@puppy.t2602

2 жыл бұрын

@Derek Simmmons JP 0 Hey you're not far from making profits, she has taken care of my account for months now....I have 16 wins and 2 losses so far

@puppy.t2602

2 жыл бұрын

Dawn Fitzpatrick Is indeed a crypto goddess. with my first deposit of £2,000 i got a payout of £17,570 in a week

"Fajitas and chips. Hard to beat" So wholesome. I love it. I think you've won me over here.

Glad I've stumbled upon your videos. Solid dude with awesome advice. I appreciate the shared knowledge and value you're adding, when you have literally nothing to gain.

Love this channel and the fact you actually respond to ppl is super cool. Youve replied to a couple of my comments in the past so just wanted to say thanks for being an example to the community. Loved the part were you said that applesbees and cheesecake factory are better than $500 dollar steak place. Seems like the more I learn about finances the less money means to me

@AlexHormozi

3 жыл бұрын

Thanks man. Appreciate it.

@BIGGELATO

2 жыл бұрын

@@AlexHormozi Got a question for you (seriously). If I lower my wants to a minimum, and realize my means for a healthy, comfortable lifestyle is, give or take, 100k a year, what is the motivation, the reason, to fetch for 8-9-10 figures? What exactly am I missing? Because, at that point of having $100M goals, is the reason and motivation about serving others? Other people? (B2C) or Other businesses? (B2B) is that it? That I have to 'want' to help others? or is there another purpose or reason? I have days that I tell myself that I have nothing to live for an could start even have suicidal thoughts because I have no purpose or reason for anything.

@remiricros9119

2 жыл бұрын

@@BIGGELATO You need to find something that brings you happiness, and then make money with it, that's the formula for life, i think

Alex, I just want to say that you are an amazing teacher. Thank You so much for sharing your gifts and fruits.

Here from Austin, TX, I hear you!! I was earning $800,000 per year (not really huge money when comparing) expending most of it, paying huge money for our lifestyle, then everything came crashing! lost everything but we learned our lesson, now we are starting from zero but with a different mindset and bigger goals. thank you for this video

@g.aslifestyle

2 жыл бұрын

Same here I’m in Austin Txlol :)

@wealth53

2 жыл бұрын

@@g.aslifestyle great place to live!!!

@GrantStinnett

2 жыл бұрын

Best of luck on your way back to the top man.

@wealth53

2 жыл бұрын

@@GrantStinnett Thank you Grant! I really appreciate your comment.

@ohiunku

2 жыл бұрын

Goodluck with all your future goals.

This part from your description is gold: "We made our money DOING it, not selling HOW TO DO IT. " We need more of this!

Never be impressed by money

@timothysullysullivan2571

2 жыл бұрын

F Scott Fitzgerald to Hemingway over a drink: "The truly rich are very, very different from you and I." Ernest: "Yes. They have more money."

@kaoticmind09

2 жыл бұрын

Absolutely true. Don't be impressed by a boat, be impressed by how good of a sailor someone is. Don't be impressed by an expensive car, be impressed by how someone operates that car on a track.

HORMOZI : Swole bank account and swole arms. Best of both worlds

@ziggyc4474

2 жыл бұрын

And swole Mexican revolutionary mustache, like Zapata's

@CW86228

2 жыл бұрын

Imma take a guess and say swole downstairs 😂😂😂

I'll save you $312k and a lot of stress. At the end of the day, you're still who you are. If you're a miserable person, you're still miserable. You don't need stuff to make your life fulfilling or happy.

@MultiGotch

2 жыл бұрын

Happiness is generally derived from having purpose, an interest, mastery of a skill, curiosity, a sense of achievement, spending time with friends/family/colleagues and is usually a shared experience. Happiness also tends to inspire giving (like volunteering at charities) as opposed to short term gratification like eating, spending money/shopping, drinking, and binging which is fleeting, addictive and never enough.

@richwealth262

2 жыл бұрын

True ....money doesnt change you it just magnifies your life

@richwealth262

2 жыл бұрын

Money just exposes you ....it doesnt change you

@eduardoreyes9106

2 жыл бұрын

@@MultiGotch great comment!!!

@cadebekanich6073

2 жыл бұрын

Amen!

Love the channel!!! Its refreshing to hear from someone that tells you how it is. What I got from this is -If you don't travel alot or its not your passion to travel, don't buy a plane -If your don't feel the differance in a high end vehicle (not a car person) don't waste your money on a Car stuff. -If you don't have passion for food, then going to a high end resturant may not be your thing -if you don't care for clothes, then shorts & t-shirt are all good. -If you're happy living in a middle of the row home then a massive mansion isn't going to make you happy. I guess what I really got from this is spend your extra cash on things/experiances that make you grow/happy/make you feel accoplished. I guess, my question to you Alex would be- what do you do to relax/hobbies do you do outside of work/gym??

@AlexHormozi

3 жыл бұрын

My work feels like play. So I play as much as I can.

As always, Alex is over here blowing minds with his insights. We’re so lucky to have you sharing the info that you do. Thank you so much!

This video is simple math yet so genius! I hope everyone on youtube gets to watch this video Atleast once to open their eyes. Specially when you mentioned the product testing part and the ratio thing towards the end of the video. Thank you for this incredible video Alex!

Thank you for your time , the message was very clear.

Love your videos man. Thanks for creating this content.

Thanks man. I needed this

Incredibly insightful. I’ll use the knowledge in this video for years to come. Thanks, Alex 🙏🏼

It's very interesting to put all these fancy things into a realistic perspective. Thanks for sharing your perspective and thanks for all the videos you make! I've been enjoying watching them and I've learned a lot. I'm looking forward to learning more in the future!

@AlexHormozi

3 жыл бұрын

Appreciate it. Thank you.

Love it. Great video. Thanks for sharing an honest experience.

Thanks for sharing Alex!

Great video Alex! Following you for a while and watching your content! Wish that become just 1% as successful as you are and end the struggle with financially and pull something off from the ground.

@AlexHormozi

3 жыл бұрын

Just don’t quit

@keenanviolet4823

3 жыл бұрын

@@AlexHormozi I'll never quit.

@L.F.williams-jx4db

9 ай бұрын

@@AlexHormozi you & Leila ROCKS!! Which Company do you Use to Rent Private Jets? Thanks & Appreciation

Under rated channel. Thank you for the videos. We all know it will pop soon

Thanks for breaking down this information and for your insight. It’s so great to have somebody not pushing the superficial. Thanks for not selling anything.

Just had a fancy steak dinner last night. Over $400 after tip. Chilies “Chips and salsa, and fajitas“ definitely feels like a better value. Ha Thanks for another great video Alex!

Just found your channel today. You are a rock star, man! best content out there

@MasterAcquisition

2 жыл бұрын

I agree, this content is solid. Keep growing brother.

Great video! Awesome info 🙌🏼

Probably the best and most easy to understand video ever made on the subject..thanks so much.

@MasterAcquisition

2 жыл бұрын

Thanks for sharing

Loved this, thanks for sharing

Speak truth. Really enjoying the content. Thanks!

Great job Alex, thanks so much for the perspective. So true.

Another great video. Humble and wise advice

Great video, awesome to see this stuff listed out

Sick video! Keep making these please! Makes so much sense in a very no nonsense way! ;) Just gave u a like and a sub :)

@AlexHormozi

3 жыл бұрын

Appreciated. ✊🏽

I’m so glad I came across you, thank you for the value that you give us. I appreciate you💪🏾💪🏾💪🏾

Great content Alex. Keep up the good work 👍🏼

I'm Diving in Hormozi Sea of Valuable Content Loving Every Piece of It

A great video and explanation, not only giving sound and experienced advice on financial spending habits, but also touching on the true path to happiness while making it easy to understand.

Love you Alex! You're so authentic and talk about real stuff!

Thank you Alex for your Content!

Awesome video💯, thanks ‼

What you are saying is so true. I'm a 2 millionaire and spend $25k/yr to live. I spend my time traveling, going on outdoor adventures, riding dirt bikes, and working on garage projects. I live in a cheap, paid-for house. I have found that spending more on these things does not make it better. I love 4 wheeling and fixing up my '98 Jeep Grand Cherokee. Staying in a hostel where I can meet other travelers is more fun than a 5 star hotel. I can do anything I want, and I do. Having more money would be very little benefit to me. I suspect that is the same situation for you but you seem to get a lot of satisfaction from creating value and making money.

The gems dropped in this video here... SUBBED!

This is a great breakdown and reality. From someone that flies A LOT, Private is nice and there is a time and place. But flying commercial with status, first class and convenience is much cheaper. Thank you for great content and the down to earth mindset on this.

Like the vids man keep it up!

Great insight. Thank you

I love your content! super underrated. your time will come soon!

@AlexHormozi

3 жыл бұрын

It’s already beeen here. Just doing my thing. No destination. Just enjoying the ride.

Oh My Gosh, Thank you , that is so helpful for planning . Thank you

Always watch Alex's videos until the end! That happiness equation is scary true!

It's so frusturating when Alex drops such good advice like this, cuz it makes so much sense to just drop my desire for expensive clothes instead of trying to build a million dollar business, but its a hard battle to change those beliefs. At least I have the larger goal of being my own boss. At 19, I have decided to never live the 9-5 if possible. That's my true motivator for trying entrepenuership.

@phx-b

2 жыл бұрын

I’m 19 too bro. It’s a big dream but if you fail you got hella character, so in my opinion it’s a win win.

@Koliflower

2 жыл бұрын

@@phx-b Yea, I'd rather be able to tell my friends and family I went all out to try and live my best life than have to explain how I settled for less than what I truly wanted and felt I deserved. I think we're in the right place listening to Alex's advice for now bro. Best of luck.

@successprotocols

2 жыл бұрын

@@Koliflower hey bro I’m doing entrepreneurship too, what kind of entrepreneurship are you doing?

@Koliflower

2 жыл бұрын

@@successprotocols I'm looking to start an e-commerce business! Looking for something I can manage on my own from anywhere in the world.

@successprotocols

2 жыл бұрын

@@Koliflower Oh wow I’m doing something similar, I may be able to help you out!

One thing just wanan note a rolls isn't 4k a month. It's 4k a month and 30k down

Hey I support your KZread, Do you think the gym market is saturated right now? Or is there still room to jump in? I am also interested in starting one of your training programs!!!

Great video These videos are gold

Great video, thank you!

I really like your approach man. All the best, Love your videos

Interesting perspective and content!

Great vid, very informative! Thumbs up

@AlexHormozi

3 жыл бұрын

Thanks man 🙏🏻

Hands down one of the best videos on You Tube. A great lesson to the western world!

Thanks. That’s really helpful.

I’m gonna subscribe just because you kept it 💯

Thank you for being so relatable!

You're on a different level to most KZread "Gurus". Appreciate the advice.

This was great. Thanks

Great video!

Holly Smokes! You just refocused my whole Life !! Thank you for sharing such valuable information! 🙏🏻❤️

"Double Meat Chipotle Bowl"--- I say it all the time.....one of the best values EVER

Thanks Alex, this puts a lot into perspective.

First video of yours i watch .... just awesome ... thank you so much

this video was awesome thank you alex ,i started watching you today through this video , you seem like an awesome man thank you for the advice

Thanks Alex! Got amazing value from this

Thank you for sharing

Thank you Alex, I enjoyed every bit of your information you put in every videos you uploaded. I’m in the process paying down the mortgages faster and consolidate vehicles from 4 down to 2. We really don’t need too many things to live.

Class breakdown keep it up 👌

This helped me a lot. I'm definitely a "what am I missing" kind of guy so to get this reality check really helps.

I learned this on a MUCH smaller scale when I bought my childhood practical dream car (vw Passat... I know) and realized after a couple weeks that I didn't see the outside while I was driving it, but I did worry a ton about it at all times. It's worth it to have a car that works well and is comfortable, but it's amazing how quickly you acclimate.

wow, actually a very informative video. I didn't know how much it cost, so now I can really say what my goals are, and be sure I'll stick to them, and moreover, they are very precise. Very useful video. Thank you, Alex. And bro, you are jacked here, look amazing.

Thanks man. I'll take note of this going forward. Honestly being "rich" enough to not work as an employee is all I ever wanted

Man! This is eye opening. Thanks!

Very nice video. I like your style of thinking. Thanks.

Listening to Alex talk so nonchalantly about spending 300k lol. Makes me want to level up.

@MasterAcquisition

2 жыл бұрын

Keep working at it Joshua

Excellent perspective!

Great video. Thx

Genuine youtube video shinning the light on stuff that matters

Love the content bro. Focus on lowering your wants. That's beautiful

This is one of the most enlightening videos about money I’ve ever watched… Thanks!

Powerful insight bro ✊🏾🚀✅

big knowledge bomb last minute!

Finally!!!!! somebody tells to absolute truth about the actual costs of this lavish lifestyle that MOST of these so called Ultimate Rich Gurus never explain to people. Thank you sir for your honesty and integrity. You’ve earned yourself a new Subscriber 💯.

This dude is so down to earth, I really appreciate him and his perspectives

When I listen to you I don't feel depressed, I feel actionable with your information.

I love your content bro. Your advice is priceless, but I kinda wish you went into upkeep for these things as well! From the bills and furnishing of the pint house to “GAS” and upkeep for the whip! Lol. You see how I put the gas in quotations lol prices today are unreal! 😅

just discovered your channel, you seem a very down to earth guy

I really liked the part how you explain that some people could just be using this as a front since it's easy to achieve and that they're not really wealthy. Well done.

Very good points.