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Lecture on Hard Work and Effort
Jul 5, 2024
Lecture on Hard Work and Effort
Introduction
Location
: The gym
Purpose
: Discussing the importance of hard work and why minimal effort yields minimal results.
Context
: Recap of Alex Hormozi’s recent video.
Key Points on Hard Work
Effort Multiplier
: To reach the top in any industry, you must work four times harder than the top person.
Example
: The speaker watched 8 hours of YouTube, read over 10 trading books, and constantly aimed to learn and grow.
Results
: Working hard in one area (trading) can free up time to work on others (e.g., social media).
Importance of Undeniable Results
Alex Hormozi's View
: You need undeniable results to build confidence and offer value to others.
Examples
: Speaker provided $10,000 to another determined trader named "More Trades" due to his dedication.
General Advice
: Work so hard that others have no choice but to recognize your results.
Real-Life Analogies
Basketball Example
: Speaker referenced a conversation with a trader about practicing so hard that coaches can't ignore you.
Kobe Bryant
: Practiced three times a day, more than his teammates, combining genetics and work ethic.
Practical Advice on Time Management
Study Time
: Replace leisure activities (e.g., TikTok, YouTube) with study time. Even four hours a day isn't much.
Dual Purpose
: Example of doing cardio while watching trading videos.
Discipline Over Motivation
Long-term Discipline
: Motivation is fleeting; discipline leads to consistent progress.
Consistency
: It's essential even when waking up early is hard.
Homework & Call to Action
Rewatch Day 1
: Helps in understanding the goals and getting recharged.
Set Goals
: Reconsider and assess your progress on short-term goals.
Action Steps
: Increase study time, enhance mental space, and journal findings.
Practical Examples from Speaker's Life
Schedule Management
: Woke up four hours early to complete multiple tasks before noon.
Importance of Early Starts
: Completed social media tasks, met investors, did cardio, and lifted weights all by noon.
Always Improve
: Speaker aims never to be outworked and consistently improves himself.
Implementing Hard Work Ethic
Never Settling
: Always chase higher goals. Example: Aiming for 100k YouTube subscribers, then setting new targets.
Competitor’s Mindset
: Compete with others in your field, and always strive to do more.
Embracing Failure
: Failures are part of the learning process; success comes from persistent efforts.
Conclusion
Wake-Up Call
: Urges viewers to self-evaluate and commit to working harder.
Continuous Effort
: Highlights the necessity of consistent hard work and dedication for long-term success.
Discipline
: Reiterates that discipline, not motivation, drives ongoing success.
Final Note
Reminder for Discipline
: Stay disciplined and constantly improve to achieve your goals.
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Full transcript