watch this if you’re tired of being poor

Summary

  • I understand the struggle of being financially insecure because I've experienced it myself. I remember aiming for a goal of $10,000 a month, feeling the intense pain of being broke, and knowing the importance of taking action.
  • The critical first step to financial improvement is admitting that your current situation is your own fault. This empowers you to initiate change.
  • Use what you have at your disposal, even if it's just sheer willpower and the raw emotions you're feeling like anger or frustration. These emotions drove me, especially anger at the thought of others being right about my failures.
  • Even after having a white-collar job, I took the difficult step of humbling myself to earn minimum wage. It instilled in me resilience and the ability to focus on my goals, regardless of the belittlement from others.
  • The only asset you might have when you're poor is time. You need to invest it wisely and endure the tough times, imagining it as 'eating glass' to prepare yourself for a better future.
  • People often wait too long to succeed and 'die too early' on the timeline of success. I made sacrifices to avoid this trap, which included working over weekends and holidays.
  • The initial $100,000 is the toughest to earn. It requires consistent saving and reinvestment into avenues that increase your monthly income, even if it's one dollar at a time.
  • Selling expensive items is technically possible but realistically challenging. You must first master the basics — things such as punctuality and basic financial discipline — before moving on to complex money-making strategies.
  • Poor people often delay pain and seek immediate pleasure, which leads to them being surprised by difficulties later. You need to reverse this, taking on the pain now for the benefit later.
  • Accepting 'my fault' is critical as it shifts the power and responsibility back to you from external forces or circumstances. Blaming others gives them power over you and your life.
  • When you start selling or providing value and earn your first dollar, it's a significant milestone. It reassures you that success is possible and propels you to earn more.
  • Learn and master specific skills, then use those skills to provide value and earn money. My financial growth came from capitalizing on what I learned and sharing my expertise with others.
  • Friends who decrease the likelihood of you achieving your goals need to be let go. Associate with people who support your ambitions and don't hold you back.
  • When you start making changes, be prepared for loneliness and use this time to gain the necessary skills to trade for money.
  • Never stop taking action towards your goals, regardless of how daunting the path may seem. With persistent effort and accountability, you can achieve financial success.

Video

How To Take Action

I would suggest implementing the 'my fault' mindset. This means accepting that where you are is because of your actions. This gives you the power to change things.

Take the feelings you have, like anger, and use them as fuel. Being mad that people doubted me pushed me to prove them wrong. Use whatever emotions you have to motivate yourself.

Focus on the small steps you can take now. When I was starting, I didn't have much, but I worked with what I had. Even if you only have time, use it well.

Here's a big tip: Don't chase pleasure now if it's going to cause pain later. Take on that pain now to make your future better. It's like 'eating glass' early on so things get sweeter later.

Save and slowly increase your income. The first $100,000 is the hardest, but save dollar by dollar. It's about consistent effort over time.

Master the basics first—being on time, spending less than you earn. Before you dream big, do these daily disciplines right.

Learn a valuable skill. Then use it to provide value to others—that's how you make money.

If friends aren't supporting your growth, it's time to walk away from them. Surround yourself with people who help you move towards your goals.

Keep taking action. No matter how tough it looks, don't stop. Persistence and accountability are key.

Remember, earning your first dollar is a big deal—it shows you can succeed. Keep building from there, learn more skills, and keep investing your time and energy into growing.

These steps aren't easy, but they are simple. Start small, build discipline, and keep walking your path. You've got this.

Quotes

"I would think to myself like I would try and I would try and put myself in that frame so that I wouldn't get into the woe is me cycle and think all these things I could blame for why I'm here right now why isn't this working as fast like how is it that these guys are making more money than me like why don't these people give me the respect I deserve blah BL blah blah blah blah um and just say like what can I do now"

– Alex Hormozi

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"the first lesson of getting out of poverty is two words it's my fault"

– Alex Hormozi

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"whatever you cast blame to is where you also cast power to"

– Alex Hormozi

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"money does not buy happiness but it can help you avoid pain"

– Alex Hormozi

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"do not listen to what they say like don't take their advice if you don't like what you see"

– Alex Hormozi

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