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The Game with Alex Hormozi

How The Ultra Wealthy Get Paid First [Money Ladder] | Ep 294

Thu, 22 Apr 2021

Description

The way you view money, matters. Today, Alex (@AlexHormozi) talks about the money ladder graph he’s created, what it’s all about, what happens in each factor of the money ladder, and the importance of understanding this model in order to become wealthier.Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(0:41) - Money Ladder: order people get paid, changes money flow.(3:50) - Money flow through banks: capital stack, preferred creditor, etc.(4:33) - Insurance companies: get paid upfront, appreciate over time.(7:39) - Top of ladder: God gets 10% for life, summary factors.Follow Alex Hormozi’s Socials:LinkedIn  | Instagram | Facebook | YouTube  | Twitter | AcquisitionMentioned in this episode:Get access to the free $100M Scaling Roadmap at www.acquisition.com/roadmap

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