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The Game with Alex Hormozi

How I Would Invest $1000 If I Were In My 20's | Ep 430

22 min • 1 september 2022

You have to duplicate before you replicate. Today, Alex (@AlexHormozi) shares with us a very simple but effective mindset shift when it comes to where you should be investing your money, what you should look for when getting mentors, and the long-term benefits of skill stacking.

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:

(1:44) - Investment decision crystallizes income growth belief.

(3:08) - Making money: Provide value, solve problems for others.

(7:31) - Investing steps: Save, invest surplus, enhance earning capacity gradually.

(10:29) - Learn from experienced, credible individuals. Duplicate before replicating.

(13:59) - Measure progress in skills before dollars. Build skills foundation.

(17:42) - Learning skills exponentially grows, leading to increased compensation.

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