Living below your means. I’ve been listing to a lot of Alex Hormozi recently. Telling his story on Youtube last night brought up a very very important subject. See, Alex talks about how he’s making a million dollars in profit a year. He lived on $30,000. He understood that the profits he made, he invested back into his business for growth.
This is the exact philosophy that I follow now. Limitless Coaching. It does quite well but honestly, I put 90% back into the business. The one thing I’ve after these short eight months of being in business is that investment will multiply. You know, having the nice cars and the flashy watches, they’re great, but that’s when you know you’ve made it.
Starting out is going to be a grind. You’ve got marketing expenses, operational expenses, payroll expenses. But these all take precedence over my profit and I’m completely fine with that.
I know in the next five years, what we’re about to do, this will be all worth it.