Thread by @fmarciano

28 Ways to Guarantee Poverty by @AlexHormozi

A year ago Alex posted an epic list of one-liners.

Then he expanded on the ideas in a video.

Here’s all 28 with my added commentary (so you don’t stay poor).

Plus, a bonus reminder in tweet 2 below:

@AlexHormozi 1. Start tomorrow

• We like to put off the important for the urgent.
• We choose comfort over discomfort.

Alt: Build the habit of doing things now.

His new book $100M Leads comes out next month.

Register for the FREE webinar on Aug 19th:

acquisition.com/leads?url=100m…

@AlexHormozi 2. Read books. Do nothing.

• I was guilty of this for so long. My bookshelf got full. My life went nowhere.

Alt: Balance content consumption with conscious action.

@AlexHormozi 3. Take advice from poor people on how to be rich

• Poor people, friends, and complainers don’t know how to get rich.
• Why take their advice?

Alt: Take advice from people who have already done what you want to do.

@AlexHormozi 4. Pick a spouse who will make you feel guilty for working

• Hormozi works, a lot. So does his wife Leila.
• Your spouse shouldn’t squash your ambitions.

Alt: Work hard, play hard. Get on the same page as your spouse.

@AlexHormozi 5. Fail once, quit forever

• You didn’t walk, ride a bike, or do anything the first time you tried.
• Quitters quit. Don’t do that.

Alt: Learn from past failures, keep trying until successful.

@AlexHormozi 6. Think the world is fair

• It’s not. Deal with it.

Alt: The world's not fair. Period. Stay focused and ambitious.

@AlexHormozi 7. Blame your circumstances & complain

• Your environment and circumstances might be tough. That’s the truth.
• Continuing to blame and play victim keeps you broke.

Alt: Decide you will create an epic origin and comeback story. Get started today…

@AlexHormozi 8. Complain, do nothing about it

• Complaining is easy. So is drowning your sorrows.
• Complaining without action changes nothing.

Alt: Start with small actions and stay consistent. Daily action will transform your life.

@AlexHormozi 9. Expect the government or other people to save you

• No one is coming to save you.
• The “I need to be saved” mentality keeps you a victim.

Alt: “Save” yourself. Start taking more action. Control what you can control.

@AlexHormozi 10. Value the opinion of others over your own

• You’re an expert on you. No one else knows what your dreams and desires are.
• Deep down, you know what you need to do.

Alt: Take a moment to write down exactly what you need to do. Put it on the calendar. Do it.

@AlexHormozi 11. Avoid discomfort

• The comfort zone is a death sentence.
• Because comforts lull you into a life of mediocrity.

Alt: Do hard things. You don’t have to go “David Goggins” crazy, but you need to push yourself harder.

@AlexHormozi 12. Tolerate mediocrity

• Speaking of mediocrity, we get what we tolerate in life.
• Mediocrity from others and ourselves leads to crappy outcomes.

Alt: Raise your standards. Give a shit more. Demand greatness from yourself and others.

@AlexHormozi 13. Make promises, break promises

• 95% of New Year's Resolutions are broken by day 13.

Alt: Stop aiming for perfect. Set goals you can achieve, achieve them, then set bigger goals.

@AlexHormozi 14. Wait for perfect conditions

• The perfect time never comes.
• The perfect time to start was yesterday.

Alt: The next perfect time to start is today. What are you waiting for?

@AlexHormozi 15. Prioritize LOOKING rich over BEING rich

• Instagram rich is easier than actually achieving it.
• Getting into debt to look rich but be poor is a mindf*ck you don’t need.

Alt: Get money. Buy assets. Repeat.
+ Don’t spend money on stupid shit. Invest it instead.

@AlexHormozi 16. Avoid working on what matters most

• Easy tasks are fun.
• Know what’s better? Doing shit that takes you closer to your goals.

Alt: Write down the top 3 most important tasks that further your career, build your skills, & make you money. Do them first thing every morning.

@AlexHormozi 17. Say you’re going to do something and then don’t do it

• A recipe for unfulfilled potential.

Alt: Work in silence.
+ The advice to “disappear for 6 months” can make a lot of sense.
Don’t @ me you build in public folks 😜

“Real Gs move in silence like lasagna.” - Lil Wayne

@AlexHormozi 18. Do what everyone else is doing

• It’s crowded at the bottom.
• Doing the same shit as everyone else = never standing out.
• Never standing out = not growing and getting paid peanuts

Alt: Go deep on a subject. Go hard. Find your way to stand out!

@AlexHormozi 19. Do your best, not what it takes

• Doing enough to get by in life = mediocrity and low pay.
• Doing what it takes not to get fired keeps you stuck in the rat race

Alt: Be so good they can’t ignore you - Steve Martin

@AlexHormozi 20. Talk more, do less

• Alex kinda repeats himself here with good reason.
• Talk is cheap son. Everyone’s got the same goal you’re shouting about.

Alt: STFU about “I’m gonna dominate” and just go do it.

@AlexHormozi 21. Start something new today, start something new tomorrow, repeat

• Shiny object syndrome will kill you.
• FOMO will keep you broke.

Alt: Find a proven blueprint. Work the blueprint. Get results. Keep going.

@AlexHormozi 22. Believe what other people think about you more than what you think about you

• Again, no one knows you better than you know yourself.
• They don’t know what you’re capable of becoming.

Alt: Become the person you dream of becoming. It’s time to go f*cking beast mode!

@AlexHormozi 23. Make a mistake, then repeat the mistake

• Tony Robbins talks about people saying they tried 1,000 things. They actually try the same thing over and over again.
• Life’s not groundhog day.

Alt: Test, learn, iterate, test, learn, make progress.

@AlexHormozi 24. Be replaceable

• Low wage jobs = replaceable.
• Low skills = replaceable.

Alt: Invest in yourself. Learn marketing, copywriting, selling, and communication skills. Apply them ruthlessly.

@AlexHormozi 25. Find something that works, then stop doing it

• I had that viral thread once. Great, keep writing them!
• Alex says go all in on one avatar, one channel, one offer until you hit $30MM sales.

Alt: Do what Alex says. Find something that works, go all in and put blinders on.

@AlexHormozi 26. Hire dumb people

• WTF. Why would you do this?

Alt: Hire hungry, humble, and smart people. Your income will skyrocket. If you don’t have employees: be hungry, humble, and smart.

@AlexHormozi 27. Assume you’re always right

• You’re not.
• You can always learn from someone else.

“If you've been in the [poker] game 30 minutes and you don't know who the patsy is, you're the patsy.” - Warren Buffett

Alt: Listen more than you talk. Assume someone else is smarter.

@AlexHormozi 28. Make money. Spend more than you make.

• It’s not how much you make, but how much you keep.
• This is true at EVERY income level - see MC Hammer, Mike Tyson, etc.

Alt: Live below your means, always. Avoid lifestyle inflation.

@AlexHormozi If you liked the thread:

1. Follow me
@fmarciano for more tips on how to build real wealth in your life.

2. RT this thread to help me reach more eyes:

https://twitter.com/fmarciano/status/1682404658273300482