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The Game with Alex Hormozi

Hourly Rate Magic | Ep 241

10 min • 29 september 2020

The more skills you've got, the more money you have. Today, Alex (@AlexHormozi) breaks down how we can find our actual hourly rate, and gives advice on how we can enhance both our skillset and how much we earn if we continue practicing.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(0:58) - Formula for calculating actual hourly rate

(1:48) - Use hourly rate to quantify activities or value time

(3:11) - Quantify purchases in reverse in terms of time

(4:53) - Skipped money-making activities due to ego and cost

(7:26) - Entrepreneurial journey: practicing higher-level skills with leverage

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