2 Signs That You Will Become Wealthy One Day..

Summary

• Measure wealth and potential success by observing how individuals quantify value; gauge by their unit of measurement for money.
• Increase your base unit of measurement for money over time to align with wealthier individuals, shifting from smaller units like the cost of a Chipotle burrito to larger sums like thousands or millions of dollars.
• Wealthier people seek opportunities with higher value, which ties to their larger base units of money, indicating why they avoid low-yield activities.
• Rich parents tend to teach their children to pursue higher leverage opportunities, implying the importance of seeking out meaningful ventures.
• Assess someone's effectiveness with time by their speed of execution in day-to-day activities; faster communication often correlates with greater success.
• Shorten your micro time units for completing tasks, moving from end-of-week to end-of-day or even several hours, enhancing productivity and goal accomplishment.
• On a macro scale, measure the wealth of individuals by examining their long-term perspective, observing how many years ahead they plan and their impulse control.
• Surround yourself with people who use larger monetary units and have more condensed micro time measurements while setting long-term goals spanning over years or decades.
• Emulate these traits to move yourself rapidly towards your goals, focusing on financial acumen and effective time management for success.

Video

How To Take Action

I would suggest implementing the following steps to increase your wealth potential and success over time:

1. Measure Value Accurately:

   • Start thinking about money in bigger units. Instead of thinking about small purchases, like a burrito, start measuring costs in terms of "how many 10K units" or "how many cars" this is.
   • This will help you focus on bigger opportunities since small ones won't seem worth your time.

2. Shift Your Time Perspective:

   • Become faster at executing daily tasks. Instead of finishing something by the end of the week, try to get it done by the end of the day or even within hours.
   • Communicate quickly. If you're waiting a day to respond to someone, you're slowing down your progress. Try to reply and take action as soon as you can.
   • In the long run, start planning for decades, not just days or months. This kind of long-term thinking can help you build bigger, more successful projects.

3. Change Your Environment:

   • Surround yourself with people who think in larger monetary units and value their time highly. They'll motivate you to level up your financial and time management skills.
   • Try to spend time with people who plan their goals over years or decades. They can teach you about patience and long-term planning.

By adjusting how you view money and time, and who you spend time with, you can create habits that drive you toward success. Remember, focus on activities that align with larger units of money and shorter time frames for execution, while never losing sight of your long-term goals.

Quotes

"The bigger the unit of measurement they're using for money, likely the wealthier they are and the wealthier they become"

– Alex Hormozi

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"Rich dads in general will teach their kids to go after higher leverage opportunities"

– Alex Hormozi

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"If you can hang around people whose base unit of measurement around money is far greater than yours, then you will start chunking up and thinking about money in those greater terms"

– Alex Hormozi

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"The difference between rich dads and poor dads is that rich dads will teach their kids to go after opportunities that have bigger base units of measurement"

– Alex Hormozi

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"You can drag your future into the present by increasing the speed with which you take action and you communicate with other people"

– Alex Hormozi