How society fools the poor with "work/life balance"
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- čas přidán 16. 06. 2024
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If you’re new to my channel, my name is Alex Hormozi. I’m the founder and managing partner of Acquisition.com. It’s a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $200,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, I’ll give you some stuff you can google to verify below.
How I got here…
21: Graduated Vanderbilt in 3 years Magna Cum Laude, and took a fancy consulting job.
23 yrs old: Left my fancy consulting job to start a business (a gym).
24 yrs old: Opened 5 gym locations.
26 yrs old: Closed down 6th gym. Lost everything.
26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time.
26 yrs old: In desperation, started licensing model as a hail mary. It worked.
27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months.
28 yrs old: Started Prestige Labs. $20M the first year.
29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months.
31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal.
31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it)
31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit.
32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses.
34 yrs old: I became co-owner of Skool.com to help the many people who want to start a business online do so.
Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year. Our ownership varies between 20% and 100% ownership of the companies. Many of them we invested in early and helped grow (which is how we make our money - not youtube videos).
To all the gladiators in the arena, we’re all in the middle of writing our own stories. The worse the monsters, the more epic the story.
You either get an epic outcome or an epic story. Both mean you win.
Keep crushing. May your desires be greater than your obstacles.
Never quit,
Alex
FULL DISCLOSURE
I make content to make money - just - on a longer time horizon than most. I want to build trust with business owners so we can find the best ones and help them scale. And if they’re awesome, write them a check and go all the way as partners.
I want to point out that working a lot is easier when you're actually reaping the benefits of working so much. If it gives you purpose on top of providing for you, then it's great. So many people are working too much just to keep from drowning.
Amen
Absolutely 💯
✊ this
How do I stop from drowning? I am in serious help. I had a dream job that let me go because of garnishments that I can’t get taken care of. 😞 it’s embarrassing and demoralizing. I don’t want to file for bankruptcy. I want to pay it all back, 2020 was a rough year.
@@axelgranzini6797 yeah 2020 was definitely a rough year. I'm not sure you should take advice from a YT stranger but if I were you, I'd sell any assets, live out of an RV/car, and work more or extra jobs. I'm good with money and these are things I did to stay afloat during the last 2.5 years
I lived my life the exact same way. People called me a workaholic, but I enjoyed it and was successful . . . until I wasn't. Through circumstances beyond my control, things went downhill fast and my thirty years of work went down the drain. So there I sat, no wife, no kids, no family, no job, and no money. And all of the times friends said, "There's more to life," and, "You need to take a break," and, "Friends and family are more important than work/success" came flooding back. If I could go back and do everything over again, I would do it differently. I would focus on people more than work, and I would focus on quality of life over success.
But that's just me. Opinions vary.
I’m sorry to hear that dude, but I appreciate you sharing that. Family is everything
You deserve happiness for all the toil you put in. I hope you get the happy ending you deserve.
Well said.
Family is everything, money and working your life away doesn't maintain your legacy when your dead.
Aye man I hope all is well and you are in my prayers brother it’s just a fall lean on the lord and he will help u back u p
I’ve gotten so much grief from people who don’t understand the work that I do and the fact that forcing relaxation when a project is not finished PREVENTS me from relaxing in any way.
Exactly I understand you there
CRITICISM FROM THE AVERAGE
Same. I struggle with this every weekend whereas there is work that has to be done prior to the close the weekend which hovers over me each day until such a time that it's done. I spend most of my relaxation very stressed out
I have tried to explain this to my significant other. I have told her that when I have time off to stop piling things on my plate and give me my time to relax because it is pretty rare. I work IT for reference.
Sure. Makes sense. Maybe you also need therapy 🤷. Two things can be true.
You have to realize that your perspective comes from your position. When you're not the CEO you don't have the freedom that you have and you don't have the ability to feel "balanced" while at work like you do. There's no ability to step away. No fallback option.
It's up to you to get what you want. If you can't, it's only your fault.
@@youngmoney9041 True in theory but naive in reality
Yeah exactly. These videos just give desperate people false hope that they can just quit their jobs and "be millionaires too!" or whatever. Reality is, if you have it in you, watching a youtube video isn't going to make you realize that.
@@krishp1104 Read some Ayn Rand
@ghost mall it’s simple really. I can’t help it if it’s been repeated so many times it’s lost all meaning
No one on their deathbed says:
"I should have worked more."
It makes sense to have these ideals when you’re at the top, but soon forget the difference between a normal everyday life vs being CEO/Owner. Your mind focus being “what are we going eat tonight” vs the reality of other that’s “are we going to be able to eat tonight” you’re too far out of placement now to understand the true struggle to be able to let others no wether or not “compromise” is a choice.
Exactly! once you get to a certain point it does make sense but it seems a bit tone deaf to really make a good point on this. I know people who work 7 days a week not because they love work but because if they miss a single day they can't afford rent. in fact they hate work and feel trapped and don't know how to get out. I was in a place like that before and I'm out now. I enjoy work but I remember being called a workaholic when all I was doing was trying to survive. Once I got out of that by making some drastic changes like finding a better job and getting hired somewhere that my work is independent from the hours I work (sales) I was able to hustle myself out of that grind. I'm still not in a position to just not work and relax or spend time with family but I have two days off a week now which is a huge change and time to spend with family.
@@ascension3549 at least they have a rent some people only eat once a week. And those people are lucky, some people only have one arm. But those people are lucky some people have no family or loved ones. But those people are lucky… all day fucking long. Everyone’s living at different levels, he’s not tone deaf, you’re just tuned in to the wrong person. Go find someone who’s struggling on CZcams for advice rather than someone thriving.
I 100% agree with you
@@rome-tk5vd No being a CEO he should understand many perspectives not just his own.
@@donaldlyons17 I'm pretty sure he understands the perspectives he needs to. But if you meant a moral "should", well, that's the fantasy you want to reality to reflect.
The thing is work is replaceable but your family is not. Setting priorities entirely to work only (I assume start up businesses trying to grow their businessees may need to cut down the time spent with family etc) may be needed at certain periods but there needs to be a right balance between the two.
Also, people have to take care of their mental health. You could work and work and work to build up wealth but lose your mental health in the process.
I agree with this statement. In the end, you got to ask yourself “ what do I want to get out of life and is working a lot getting to my goals”? If you young and want to just grow business, go ahead. However if you value your family as well, try to find a good balance between the two. Sacrifice will have to be made at some poont
US public schools kill mental health before anyone meets the workforce
Time is the true limiting resource. We can't get back time spent, therefore choices must be made about values. If work truly brings you happiness and fulfillment, who is anyone else to say how many hours a day you "should" spend on it. That's a subjective opinion based on what we've been conditioned to believe a normal life is. People should spend the most amount of time possible doing what they love. If that's working, traveling the world, or raising children, it's all the same.
Your mental health is way better when you don’t have to stress about bills or debt. When I started working and earning more shockingly all stress went away because I can do whatever I want and money is no longer a worry
.
This is why instead of 'work 24/7' I think of it as 'dream affirmative action 24/7'. This allows me to schedule in rest as needed. You are completely right - work has to be sustainable or you will push for a time then crash or lose the people close to you (dream team). I think the people in the video were mostly talking about realizing if you are someone who genuinely enjoys working 60+ hours a week you don't have to do work/life balance the way most people do, and you can choose to find a partner who aligns with that.
All fun and games until you've got non-work responsibilities and other people's timelines on your mind
For a small slice of the population living on one end of any spectrum or another is fulfilling but for the vast majority of humanity, happiness, peace, and fulfillment is almost always found in some semblance of balance
Fscts.
Holy shit this dude lives in a niche bubble in society. Most out of touch perspective yet
Throw 3 young kids into the equation and I find myself having much more constraints than just a partner. The struggle is focusing on career while raising kids, and not relying on strangers at daycare or government raising your kids in public schools.
That’s an interesting perspective. I think we can sometimes do ourselves a disservice to look at things as “struggles”. Just like all of us, you (and others) made certain decisions (consciously or otherwise) that have generated the circumstances of your current phase of life. At any point in order to consciously determine the “best” course of action, we essentially have to view our circumstances and compare them to our values. If you have three children and are still around caring for them, odds are good that you care for them deeply and that you prioritize them over your work often. The fact that you define this as a “struggle” to me speaks more to an unresolved/unarticulated conflict of competing internal desires than it does to an objective external dilemma. If you ask yourself what you really want, given the current set of circumstances (more money vs more time with kids, etc), you should be able to see where your values lie. If giving them a more financially stable/abundant future is paramount, more business time may become your nature. If you realize that you will be depressed and a miserable father figure if you don’t pursue your personal financial/business dreams, it still may actually be best for your kids sake to have a workaholic father vs having a depressed and unfulfilled one. These are just speculations about what those real internal value systems might be for you and how you could identify them and build the best road forward (by taking conscious, articulated personal responsibility for your actions from here on) without becoming bitter and resentful of your situation. All the best!
These guys have no idea, come talk to me when you have 3 or 4 kids and are "working" as a labourer
Dont listen to youtubers. You dont become a youtuber by having to do any real work. If he loved working he wouldve never been a youtuber
Hire some more people to help. Minimize mundane things that take time by outsourcing
@@ChristianMartinez-to2gq I used to think that was a good idea until I read the book Holding onto your kids by Dr. Gabor Mate. Now I dont want to have my young kids bonding with strangers and lose that attachment bond when the care taker is no longer in their lives. I prefer to make sacrifices now so I can bond with my kids while they're young. The strongest attachment bond comes from time spent with the children before they're 7 years of age. I dont judge people that hire help, its just of personal preference that its either me, my wife, or our parents caring and raising the kids.
If you’re a part of the working class, then there is definitely a struggle/compromise when it comes to balancing your work and personal life. Especially during the come up. To say that doesn’t exist is almost delusional unless you’re lucky to have a partner who works with you but in different places as what Alex said. A relationship as such seems to be a rarity than opposed to a common happening.
LESS COMPLAINTS, MORE HUNGER & ACTION TO ELEVATE
it's definitely delusional... im in that stage of the "come up" and im in the "working" stage. You gotta put in the work if you want to get to the stage of doing nothing but payroll and spend your money for the sake of spending it
I wouldn’t say it’s that much of a delusion. There’s so many of us and so few of them. We are literally putting up with this type of treatment in the workplace. We don’t stand together and against it and so that’s why it’s exists.
You're stuck in the poor mentality
@@EricLouisYoung dog, you're 30 days late for this conversation. Lol.
As JBP says "compromise where you can. But where you can't, stand firm and do not budge. Do NOT agree to something you do NOT agree with"
I think people who disagree with the notion of work life balance completely miss the whole point. Of course you don't suffer from work life balance when you literally own the company bud. The work you put in literally scales with the amount of money you make because you have people under your employ who don't benefit from that same formula. The employees are the ones who are being sucked dry, their labor being extracted at as cheap a price as can be afforded so that profits can be maximized. These employees, no matter how much profit is generated, are the farthest removed from those profits and have the least say in where those profits should go.
The fact that this isn't even acknowledged shows how far removed they all are from the actual problem, ESPECIALLY with that title; are you kidding me? Who the fuck in this room is considered "poor"? And what is even the answer to that issue? Quit and start your own business? And who's gonna clean the toilets when everyone is an entrepreneur?
Regardless of how hard these people worked to get where they are I highly doubt they work anywhere near as hard as the actual "poor" that they name in the title that actually do suffer from work life balance. I have a buddy that works 2 warehouse jobs. Dude unloads entire containers of product in the graveyard shift, sleeps 20 minutes, and then drives to the other warehouse to unload another set of containers. He gets 60 hours every week and 2 weeks off every YEAR. And this guy has completely gaslighted himself into thinking he doesn't need work life balance because he wouldn't be able to pay his bills if he had that, and he doesn't even have a wife and kids.
There is certainly an issue with work life balance that this trio is so painfully completely unacquainted with and to be frank it's not surprising. Even though these people will never amount to the riches accumulated by people like Zuckerberg, Musk and Bezos, they are much more likely to stand shoulder to shoulder on these kinds of working class issues, because they benefit from the same kind of exploitative system. The people at the top of the hill will always the lion's share of the profits, even if its a small hill.
Of course the actual answer to work/life balance is to unionize at work. There is zero chance of addressing any of these issues if we agree to be subservient and replaceable. Organize at the workplace and take your seat at the table at work. Every employee should have a say in where the profits for a company should go. Why, you ask?
There is no profit without labor. There is no profit without labor. There is no profit without labor.
Sounds like you're trapped in a paradigm that Nazi social scientists spent decades perfecting and preaching to you
I listened to part of this before turning him off. This guy is exploiting stupid people, much like rich dad poor dad. This is selling them a load of shit.
exactly. I have a feeling most the positive comments which are super general like "Great advice, nice video" stuff like that are just bots. They were not in fact dropping gems of knowledge or anything in this. Just another click bait video where a guy rings the bell and plays the trumpet in favor of hustle culture to get his employees to work harder for him so they can make EVEN MORE MONEY for what? so he can philosophize why not work when it is doing so much for him...
entrepreneur can't have much to say on this topic
@@goldiefatale rich dad poor is exploitative, i don't see how, i would to hear your thoughts
What I’m getting out of this is you truly have to be a workaholic…addicted to and truly LOVE working. To the point it’s all you think about. You eat breathe and sleep it. Sure you do other things but Graham said it in the best perspective. His mom wanted to do something on his birthday, the ONE day out of the year that is his day and ALL he wanted to do was work. That is how your mindset has to be. You literally have to want to nearly forgo everything in life and ONLY work. Very few people think this way, because it is not natural for humans to think this way.
Think it takes a very specific type of person but I think it also depends on if the type of work vibes with that person or not. I used to be a nurse, only worked m-f 40 hours a week (no overtime expected), had lots of work life balance, plenty of sick and vacation time, can use them whenever I want but I was absolutely miserable and suicidal. Why? I found out it was the job. It did not match or be suit me at all. It was very draining and made me depressed. I left my job a few months ago and started my own online business. Omg, I've never loved working so much before. I work anywhere from 10-14 hours a day, 6-7 days a week but I do not mind at all. I adore what I'm doing and I feel like I have a purpose again. I actually believe humans are supposed to work but on things that truly make us alive and enter "flow" state. The state of being when you're so immersed in what you do, nothing else matters at that moment. It's a very fulfilling experience and I don't want to do anything else
That's why nobody will remember your name
@@TheTruthHurts6666 Interesting perspective, thx for sharing!
“This was a miserable year for me, I tried spending all my money, and couldn’t”
Wow, what a terrible year, must’ve been grueling to go through that
Exactly like how arrogant. I haven't even watched much of the video I'm just here for the comments
@@Kaikicm Coming from a guy dressed like a literal bum. I would never do business with someone that unkempt. Jesus.
True he was not as miserable like you were writing comment like this. You probably live so low level existance you just dont understand but how do you feel when you finish a game? Most feel empty and without a goal. And that is just from a useless game... Imagine feeling that from an actual life.
@@Kaikicm You are the arrogant one. Ignorant also.
@@Eurodollartrader Like you even could brokie.
Shared goals is the foundation of literally every successful relationship. Work/life balance is an ethic that decrees every person who works should be paid enough to not have to work more than 40 hours (which is imo too many hours to achieve work/life balance) per week. Anybody who can/desires to work more than that, for whatever reason, has the freedom to do so.
This conversation had me so confused (brand new listener) because these guys seem very educated and self aware, yet their conclusions made no sense as I tried to apply them to my life. Then I read the comments and realized none of them have children. NOW I understand how they can say what they do. Haha.
Thanks for watching
Hit me up there ☝️☝️
There are profitable nods and patterns I’d love to show you...
Pretty sure their target audience would be classified as young men
Same haha
If your angle or viewpoint is these people don't have children etc, then how come there are people in the world and the same country who have children before or after who make it work and still have businesses and progress.
It could be the way you believe how things should be or how you action things doesn't work with the processes which clearly works for the other people and other families all over the world.
It sounds like the many others who use the excuse of having children that stops them reaching where they want to be. Children are not easy, however if others with or without children can make it work, then what?
Haha it’s so funny how that changes everything, but yes, I agree. Having a kid changes the way I have to intake all of the info that I do
I think it’s interesting to hear this conversation in a room of men with no women involved. I have the exact same drive to work that you’re describing, and that’s all well and good in the beginning of a marriage, but once children come into the picture, it is almost always the husband who gets to continue to work as hard as they want, and mom’s work drive is hindered by the children. In my experience, work life balance isn’t about balancing the drudgery of work with the joys of life, it’s about balancing the responsibilities of work with the responsibilities of life. I wanna work all day, too! I absolutely love the state of flow I get into 4 hours into a work sesh. But who’s going to pick up the kids? Also, maintaining the closeness/connection with your wife should be another for of productive “work” to you. If you find yourself not wanting to do it…well maybe there’s a deeper problem? My solution was to start a business *with* my husband. Best of both worlds!
I wish more people could attempt self-employment. There's so much more control over hours worked and time off. Of course, working extra hours than a normal 9-5 is almost necessary at first, but once established, there is so much room for adaptation. It's great for both workaholics and those who prefer taking long breaks between. It's actually a traditional choice to own a family business.
Wether that, or you see your kids and household as your working space. But for that we have to get rid of that romantic, the woman loves to be a mom automatically. It’s a job. So you Love your job, being a mom.
This should be the top comment 🤌
P
Exactly, just bros talk. No other perspective in this video at all, delusional from reality
One of the funniest things i could ever imagine is a bunch of podcasters sitting around a table being paid to talk about how hard they work 😂
🗿🗿🗿
6:46 “A cheerleader who’s really rooting for the team Doesn’t ask the quarterback to come out when the game’s on the line” 💯
Your job is what they pay you to do, your work is what you were born to do.
This
"my wife's love language is quality time or whatever" wow.. it's like those people that brag about returning to work 4 days after the birth of their child or missing a family event or funeral. I absolutely can't relate to people that don't have intro personal purpose aside from money
Trust me they can't relate to you either
@@seetsamolapo5600 oh I bet. They can't relate to me; their kids; any family past their immediate area, employees, customers, work/home boundaries or mutual respect.. I am really ok with that.
@@danielescobar7618 Be aware that none of these guys have kids, and that explains a lot of their believes.
@@ErgoProxyification I don't either. I will. But the ability to believe that bad things happen without having to experience said bad thing is something that I consider a strength. It's called empathy or something.
I don’t have common thoughts because I don’t want a common life. Man I can relate to that. I’ve spent the last 17 years of my life travelling and everyone thinks I’m crazy and wasting my life but I just have no interest in a common life.
what do you mean by a common life ?
@@underratededits35 rat race eg a job so you can pay off the debt for the car you need to drive to work and buy the house you dont spend time in because youre at work
@@krisb-travel Oh ok thanks for explaining.
@@underratededits35 youre welcome captain
I don't think this lifestyle or life choice is applicable to 99% of the population. You're a CEO worth $85 million dollars. Who can relate to that ?!?!
This is an insanely entitled stance. This doesn't apply to like 99% of people.
ikr, it's insane
"I don't want to live a common life so I can not have common views" - That goes to my journal today. 👍
You don’t want to have a common life? What is common? Everyone has one life they live there own way. This statement although sounds honerable, ultimately it boils down to ignorance. The way you live your life is only your path and that is no more important or worthy of acknowledge than the next person. Got to take a step back and slow down, everyone is “struggling” to figure out what the fuck life even is!
The statement suggests you think you know exactly what it is.
Dumb.
@@robob221 this 👍🏻
@@robob221 You don't know what common means? Most people live mediocre lives that's common right now look up the definition of you want
Once you have a net worth of the guys on this podcast, you have the luxury of speaking this way and believing these ideals
^^ poor man’s mentality
@Thor
Replace poor with factual and you are right
Different sets of struggle for every stages of life
lmao dude what? if you believe life is a compromise and that a marriage is based on compromise, that's a personal belief. that's just a loser mentality. remove that, and you can make as much money as you want. you can be as free as you want
I believe in lots of work to make yourself a success. However, with kids you make the tradeoff. To be the best parent you need to be 100% focused on the kid while you're spending time with them. If not, they notice and it hurts the relationship. This means not canceling plans if you promised your kid, not "blending" work into time with them, and actually making time to work on your relationship with them.
I've gotten eaten alive already for stating this, but you're either a full-time parent or a hobby parent. A full-time parent is a very involved parent who can be the SAHM, a remote worker, part-time job holder, or even possibly have a full-time job outside the home. The point is that their children and family are their priority. They don't use their outside job to run away from their family (happens a lot if you read people's true intentions, unfortunately).
In Iceland our experience has been that once you start working for more than 2 hours a day the more you work the less your rewards are. As a result you have to cover up how much you work once you began to exceed what is now considered the daily work limit in our country. Everybody says you can work for 10 to 18 hours but once you try this and you have a fixed job you like the more you work the less the reward is. This means you have to manage your working time.
yeah I don't believe in work life balance. it's code for mediocrity. but when I have kids, my priorities will shift
This is the relationship I want. Of my relationships, I've had three solid goes at that. The hardest part is when the strength of resolve gets out of sync. If she wavers in her goals, I wind up copping the wrath for staying solid on mine. Or she feels attacked by me doing my thing, coz she feels judged for not doing the same (tbf, the one gf who got mad at me about that was right).
“You don’t have to compromise at anything if you don’t want to”
Agree 👍
Terrible attitude if you're in a relationship imo.
@@Retronize84 only if you’re in a terribly relationship. I’m living a fairy tale life with my wife and neither of us comprise. Both are happier than we’ve ever been.
After going MGTOW I started investing instead of seeing women.
Having options vs Having Abuse.
Thing is ur living to work, most people out here are working just to survive
Summary:
0:32 Work somewhere you enjoy
2:30 Work to create options for yourself
3:55 A successful marriage is a compromise
7:55 Space in your marriage is not a problem to be solved, but a dichotomy to be managed
I have different opinion. I worked from 18 till 37. Now i made money that will last the rest of my life i just stopped. I closed my successful print shop, i moved out from the city to live on a ranch far from the system and city people. My moto was always get rich and then get of the grid.
I get it, but that’s pretty messed up that you would rather work than spend time with the people you love. I feel like there’s some growth potential there
This is so true. I try and tell myself I don't always have to be motivated, I just have to be disciplined. There are countless days when I've finished my day job that I just want to lie on the sofa and watch TV, but I try and discipline myself to work on my side projects. Discipline > Motivation.
Yea bein broke keeps me off the coach lol
Discipline and habits are the foundations for success.
Tom Bilyeu's video on procrastination is solving that for me, getting home not feeling enough desire to do more. And now, I get home, fan the flames of my goals and my most heartfelt reasons that they are my goals, and boom, the energy is there wanting me to do something other than waste precious time on endless BS.
We have to really stop referring to people who put effort into things they want to do/that possibly can make money as work , and people who need to do work in order to survive. It’s not the same
Helpline 👆👆
On how to start earning.
So true 🙏
Love your statement because it is different to work out of need vs. having the option.
Yes, this!
This is one of those things where there's not a universal "should". It ultimately comes down to your personality, values, and personal preferences. I will say though, that many people tend to "overwork" in order to drown out personal problems, or to avoid other areas in their life that need to be addressed, and so you need to be careful to do it for the right reasons. But other than that, if it works for you, go ahead and do it!
This is literally how I have thought about relationships ever since I was 16. Luv your "views/thoughts" on the subject. Great talk, your videos are freaking amazing to watch man.
You’re a big reason why I started my channel. Thanks for always bringing it, Alex! 🔥
We’re so lucky to have this one channel that if we consume all Alex’s content & apply the skills we can help an insane amount of people and make a insane amount of money at the same.
Guys a great salesperson. Don’t misinterpret what I’m saying, All salespeople aren’t bad, but this guy is a sales guy.
We’re all in sales at the end of the day.
Exactly
No we aren't. Engineers can't sell for shlt but without them the world stops turning.
@@Vkob engineers still have to get an education so that they can sell their knowledge and abilities to employers. Maybe they couldnt convince you to go with a Tesla instead of a Ford, but they can and do sell their skills
@Tyler Lennon no one has to sell tap water or sanitation. You already know you want drinking water and a toilet... your analogy is like saying "the tiger sells the zebra on the concept of it being the tiger's food".
@@Vkob I'm saying without that degree you're not setting up the tap water, someone else is because you haven't attained the skills required to do so. No one is born an engineer, so why does someone pick you over other potential engineers? Because you've done something to show you're worth more than the rest.
Millionaire tells poor people why they should stop wanting to work less.
The problem with the "cheerleader" analogy, is that a football game has a specific time frame, and then the game is over and everyone's game role ends and they go home to live their real lives, whereas a marriage/romantic relationship is around the clock, so expecting someone to maintain a cheerleader role in a marriage, is unrealistic at best, and narcissistic at worst. Bottom line: there is a point in the day when work needs to be over, especially if you have a family.
Yeah, but there's a next game tomorrow as well. You rest and you play again. It's a role, like any other. And make no mistake, there are roles in a marriage.
As always great insight from Alex. I can only offer this, something parents know: everything changes once you have a child. No one in this chat is a father yet that I know of. Definitely will change your brain chemistry and perspective quite rapidly on work/life.
I’ve always heard right when you have a kid, the kid becomes your entire world
Yup
Just had a son 3 weeks ago. Couldn’t agree more.
I’m a mother and I agree with everything Alex says.
That is what the woman is for. She take care of kids while you grind!!!
Well poor people don't want to work 365 days a year because they kinda hate their job but good for y'all.
The amount of simplified knowledge you have is humbling!
It is great advice for folks that have ALREADY made it.
Its funny, when you haven't made it yet and you tell people you're an entrepreneur, you are a joke. Friends and family are seeing me be absolutely broke without a penny for months on end and you feel like a joke.
Also, a lot of people, especially young people, dont understand how painful it is to "grind away" and have the business not succeed (the majority of businesses fail).
I worked for 2 years, deployed, marketed, did everything I thought I needed to do, and made $0 profit.
The company made a little bit of money, but it all went to expenses such as office lease and IT server costs.
Ultimately, i learned a lot, but most people aren't ready to be poor, broke, with no medical care.
I literally would noy spend a penny I didn't have to.
When I got presented a 100k/yr job in the same industry that I was building the company in. The job also had benefits and medical coverage i took it and shut down the small business.
Sure, maybe after a few years it may have been successful, but i could no longer live and feel poor and unsuccessful.
As a father and entrepreneur looking for advice on the work/life balance this was some great insight all around 👌 nice channel
Thank you for all the videos you make i really enjoy watching them. Keep up the good work😃
The main reason I watch your videos (besides gaining knowledge ) is because you seem down to earth and not a tool like most the other guys posting content. Appreciate you being a cool/relatable dude!
"I work to create options, not to not work. I work to have the option to work, and so I can choose to work and that choice is the freedom that I have"
I don't know how people are fooled. I think it's obvious when companies lie. In fact, I expect every company to lie at some point
When i don't hear family and friends mentioned in that "what i find meaningful" part, i tune out.
I'm looking at a void husk of a human rambling into the aether about their "success" in one narrow hallway.
And here I see someone who says they value others above all else but ironically can’t look past their own views and consider someone else’s perspective
As soon as you said I have nothing to sell you. I was bought. Thankyou for this video.
“It’s stimulating conversation” LOL 💀
Definitely a struggle when you have kids early and need to make money that is stable. I had 2 kids by 20 and the Army was the best decision and I had no issues paying bills etc but I was unfulfilled because I was an entrepreneur at heart. Plus I'm not a deadbeat. I know guys that ignore their father duties and put all time into business. Now I'm finally feeling comfortable with the kids at preteen age.
Thanks for watching
Hit me up there ☝️☝️
There are profitable nods and patterns I’d love to show you...
Lesson: do not have children to young…
Lesson seems to be do not have children at all and just spend 70 hours a week amassing wealth. Which is not exactly earth shattering wisdom. Spend 70 hours a week on anything and youll get ahead in that one thing.
@@lenina61 Not true I used to work 70 hour work weeks and I only have 39K after 14 years. I have options but I am still not ahead yet!!!
I’ve spent a lot of time watching videos of millionaires talk about achievements and how they do things to get there. And as time goes by I realize how empty there lives must be to have this continual urge to work. I love working myself and would take a day of physical labor in my backyard building my fence or even washing the cars or restoring the seats in my vintage car. But I only make 6 figures and feel that is more than enough for me to enjoy life every single damn day. I eat healthy, enjoy my work and my life. Friends don’t pursue these people and there empty opinions. Life is much much more.
Did you really just say you "only" make 6 figures? You do realize the median single earner in the USA is less than 60K a year right? Consider yourself lucky.
Enjoy your mediocrity
Don’t worship the rich
dude you don't even know these people LOL if you're not a businessman then you're not a business man. you don't to judge a whole group of people and make up platitudes about high achieving people to make yourself feel better
There is a difference between, "I want to work," and "I have to work to survive." Some of the "balance" comes from the freedom to work on the things you want to work on and the freedom to relax when you choose to relax without being in survival mode.
Love this. Thank you. Work 95% of my time. Nobody understands. This guy does. Finally.
Agree - it's really hard to explain to someone your dedication to your work if they don't share the same ambition to their own. Marriage is a partnership for a reason. But I also agree, that not everyone operates the same way so that might not be true to every couple
so what hes basically saying is that the world we've built is entirely being held together by the "duct tape of poor people". If you were to completely remove the poor and lower middle class everything would collapse
Geez, you had 189k subs this morning, you're doing numbers in a new field quicker than professionals 🔥🔥
We have lived off one income while raising young children, now they're at school I'm (the mum) am getting ready to start my own business. I will work while kids are at school but once kids are at home and awake there is no work. Once they're in bed work starts again for a little bit, then bed. I don't Netflix and whatever else the cool kids do these days, my work is my play! Once you switch that mindset then there is no guilt or chore feeling to it all. Weekends are solely for kids and hubby and then maybe some light work in the evenings. Have holidays regularly even if it's just a night or two visiting family. Work hard, play hard and know what you're working towards!
Working out may not pay most of us but imo that counts as work so instead of working 60 hrs a week. I work 40 and prioritize my health. If the money isn't enough for you doing that then you either gotta cut bills or change jobs and or location. Health is wealth.
I feel like work life balance is a goal to achieve after putting down the ground work
I think in the future people will work for 14 weeks each year independently of what job they are working in. As a result there will be less violence and there will be no wars. Already if people try to work for more than 14 weeks a year in a place like Iceland a lot of employers are not going to want to pay them.The mistake is to assume that too much work makes you into a better person because ´well the money is not that much worth it, the point is the experience´. When people work so much they have no money left between their hands then its time to stop and find a new job. Despite the work period will be 14 weeks the pay will be the same or even better than now.The change will be slow but the people will enact it themselves. This is because since so many employers are losing interest in paying people for longer working time than 14 hours each year, people are just going to say ´hey we can just forget this and work for 14 hours and if we want to work more then somebody needs to raise the salaries of our employers and the non narcissistic ones are going to accept the new change´.
I needed this perspective badly, I love your sports analogy, it makes so much sense.
I’m a nurse and 80% of us hate going to work lol. Would love to not hate going but the whole system is terrible.
"Shared respect that you never get....." 6:30 This is a very important viewpoint. Many years back this was explained to me through an example of a very successful home builder who's girlfriends could not understand the pace of his career. It isn't enough for a spouse to want the same end result...they need to understand the struggles as the business is built. I think Alex explains it well.
Agreed. Most businesses are grown by people with crazy work ethics, willing to work 12+ hours a day. It could really mess relationships up
I don’t think it’s unreasonable to need time together. That should be a priority too. As long as a couple can talk through and show they are committed to one another, there is room to have understanding on time constraints. But I have been on that side where the person I was with chose work over quality time together over and over, while I was patient and tried to be understanding but when you rarely get any time together, it does affect the relationship. If there is a strong basis of trust and communication, I think it’s possible. And knowing how to also be there for your significant other.
Hi @@krystiesolfyre5340 , you bring a good view: something to think about. It looks like it is hard to find two people who synchronize well. Their opinions may sound the same but they may be like two runners, one being a faster runner than the other slower paced. Still, both are runners by definition, but not aligned. Too bad people learn this over time, if there was only a short cut.
Hell yesss my Alex getting interviewed by Graham was lit bro much love 🥰
My brother is a trucker and his fiancé is his dispatcher. Their relationship couldn’t be any stronger than it is.
As a single parent of a teenager I am forced to work around the clock to only get by. It takes everything to pay the bills and yeah there is a little left over, enough to save a sprinkle of money and enjoy a meal out with my kid, but that’s it. There is no balance. I don’t take days off because I can’t afford to. It’s different from my perspective because punching the clock like most people do, makes you feel like a hostage at work, you’re basically stuck there until the day is over. All of these get rich easy/work experts are all the same. There is no easy way out and that’s just the cold hard truth.
Introduces himself with a blurb about how much success he is having
shares his powerful insights on compromise not being necessary
*elaborates that he and his wife create distance as a compromise to better their relationship*
I think long hours can work if there’s an endpoint or target deadline for specific project.
After a certain point burnout happens no matter how much you like being in the game.
Work for people like this is way different than work for someone who actually has to do manual tasks
Very good video. Lots of good points that let you think about things from a different point of view.
No, you don't have to compromise in a relationship... until you have kids :) Once children are in the picture (and if you care for them and what they will turn into), most people - especially successful - will have to compromise.
I'm glad you love my videos…..Dm for more profitable info's⬆️⬆️……
These guys have no idea, their definition of "work" is recording themselves talking
@@crazyprayingmantis5596 You realise he has an 9 figure business and has built multiple 7/8 figure business? What are you even talking about ?
Yes that’s why smart people plan their families and get to where they want to be financially before having kids. If you have kids before you’ve met your financial goals of course it’s going to be harder trying to drag kids on that journey.
"There's no such thing as work life balance. There are work life choices, and you make them, and they have consequences."
-Jack Welsh
4:12 😂😂😂😂😂 "This is really good. I've like so many thoughts right now"
Your subs are blowing up bro! The market truly follows value
"Rich/Poor" is a valid, but narrow view of what life and the world has to offer. If you like/value working and making money then cool, but other people who don't rate that as highly aren't "fooled". I'm sure most on here would agree that money is survival in our society, but watching imaginary numbers grow in an imaginary account is not my personal definition of a life well lived.
It's all about leading the healthy, fulfilling life of YOUR dreams 💯
I'd rather have multiple hobbies than work all the time. Even relaxing is better than working. You can still get an hour of gym time and relax the rest of the day. I choose time over money. And if your job is your hobby and you do it every day, I'd get sick of it.
I’ve worked in places where I could tell that my extra effort made a difference because my employers were good at running their businesses and I’ve worked in places where my extra efforts were squandered because my employers were bad at running their business.
My BS meter is ringing but the sheep don’t care, they’d rather welcome the wolf into their flock because he looks like one of us that’s made it. Those who know, know but you must know that Doubt is a powerful weapon, so is common sense. Grinding yourself to dust, letting your relationships dissolve is not the way of a true master. Pay attention to this moment, and understand what your ROI really is.
feel really lucky you've decided to give back by sharing all this info
Imagine his response “thanks, AssPoo”
lmfao 💀
How is he “giving back”, this implies self created people “took” something, really dumb
@@monjuinc.2760 self created people still rely on others advise, wisdom, or past mistakes to win. Self created implies they did it 100% by themselves, where that's literally impossible, and his videos literally talk about how other people's advise has helped him and he breaks down what he got out of it and how those pieces of advise helped them get to where they are now.
@@monjuinc.2760 it's not "really dumb", learn to give people grace it will go a long way
What a listen bro! This is flawless ✊🏾
Followed you based off your interview with lewis from The School of Greatness!!! 🤘🤘🔥🔥
Privileged people sure have no clue
I never thought about relationships that way. Two ways create balance, the other is lopsided. Appreciate your thoughts.
Should definitely link the full podcast. CZcams really rewards long watch sessions
It's on the iced coffee hour podcast
I thought it was watch time CZcams rewards? Even a shorter video over 12 mins
Work is rubber, family and friends are glass.
As my wife and I venture along as a team during this entrepreneurial journey, I wonder how the dynamics of our relationship will change and if for the better. I've been the working stiff while she's the stay at home mom, but we're launching a product that she has primarily developed and is passionate about (which I think will do really well). From what you said...it appears it will make our relationship healthier and we're likely to make 5x more money then everyone else. One of my goals is to be mentored by you, and to do so I'm going to have to make 10 million to make that a possibility. Thanks again for some fresh perspectives. I hope she begins to understand that working long hours is a good thing so that one day we can have a cup of coffee with you and your wife. Thank you.
Grind away man. Best of luck to you and your wife
A great way of seeing it, I totally agree. You need to both have your own thing and also kind of walk in the same direction.
I’m glad that I’m not alone - even among business owners - in that I would honestly rather spend certain holidays - including my birthday - working. I’m very blessed to absolutely love what I do.🙏🏻🙏🏻👍🏻👏🏻
One quote that has always stuck with me as I try to find my way, is from Blackhawk Down. Where one of the fighters overseeing Durant says “oh yeah. I forgot. Americans lead long, dull, uninteresting lives.” And lately that’s been hitting me hard. So making sure to get some adventures in as well.
I wish I had that mindset of 'wanting to work'. I'm not proud of myself for admitting that.
Why? Who cares if you want to work or don't want to work. Life is what it is and feelings don't matter.
Just have to find something you enjoy doing my friend. I know it’s cliche but it is true.
@@GoldenGod69 cliche but you're 100% right. Thanks for sharing
@@McJohnstable No, that's bullshit quite frankly. Nobody cares about what you want to do. Doing what you want to do for the vast majority of people will not earn you a good income.
The level of thought and maturity in these comments is amazing. The amount of information that people can distil because of the internet is insane. Alex Hormozi Thank you for sharing for findings.
hes a blessing
Thing is, theres only so much money in circulation, only a small amount can be wealthy in this current financial system. I'm preparing for the next system which is upon us already
@@NzRazor I don’t agree with that and think that’s a limiting belief
@@theesamuelromxro lmao hit ‘em with the “limiting belief”. Hormozi would be proud
@@Josh-rr5lj you betcha but seriously I think that’s a self limiting mindset
I love the point raised by "No card in camera". Graham needs to keep him on
You've broken into a new CZcams level with Graham!!!