Wealth is not a number, it’s a ratio. Today, Alex (@AlexHormozi) talks about a conversation he had with one of his salespeople on how they can increase their wealth by knowing the difference between volatility and risk as well as some practical plans of action that are way more fulfilling than the what people think ultra-wealthy is all about.
Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.
Timestamps:
0:40 - Alex shares a conversation with one of his salespeople about his direction in life
2:40 - The classic poor person will not know the difference between volatility and risk 
6:17  - Want freedom and peace of mind? Have a strong income-to-expense ratio, pay your debts, etc. 
12:05  - Understand that there are a ton of risks in being an entrepreneur
16:49 - Alex shares the action plan he made for the person so that he could create the wealth that he wanted
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