Alex Hormozi: How society fools the poor with "work/life balance"

The video discusses how society's definition of work/life balance can be misleading and how individuals should prioritize what brings them joy and meaning in their lives.

This video by Alex Hormozi was published on Feb 28, 2022.
Video length: 09:46.

In this video, Alex Hormozi discusses the concept of work-life balance and how society fools the poor with it.

He shares his personal experience of building six multi-eight-figure companies with his wife and how they prioritize work over other aspects of their life. He believes that work is meaningful and that people should optimize for the things they enjoy doing.

He also talks about the importance of having the option to work and how compromise in marriage is a belief statement.

• Alex prioritizes joy and meaning in life and believes people should do the same.
• Society's definition of work/life balance can be misleading.
• Work should create options, not just the option to not work later.
• Marriage is not necessarily a compromise and balance is a personal choice.
• People should live in the now and future to find a balance that works for them.

How society fools the poor with "work/life balance" - YouTube

Alex Hormozi's Perspective on Work/Life Balance

• Alex and his wife have built six multi-eight-figure companies in the last five years, with a current portfolio of about 85 million a year.
• Alex believes that people should prioritize what brings them joy and meaning in their lives.
• He thinks that society's definition of work/life balance can be misleading.
• Alex optimizes for the things that he enjoys doing and works more if he gets more stimulus from working than not working.
• He believes that people should work to create options, not to not work later.

Alex's Experience with Work and Money

• In 2021, Alex did nothing and owned all the companies, but it was a miserable year for him because he couldn't spend the money he was making.
• He realized that he works to create options, not to not work, and that the choice to work is the freedom that he has.
• He finds joy in getting back into the game and building infrastructure, hiring teams, and doing all the stuff that they're doing on the business side.
• Alex believes that people should work to have the option to work and choose to work with the optionality that they have.
• He thinks that people should do what they find meaningful and shift direction in terms of what they create.

Marriage and Work/Life Balance

• Alex believes that marriage is not necessarily a compromise and that compromise is a belief statement.
• He thinks that people can choose to define marriage as a compromise or not.
• Alex and his wife have different love languages, but they optimize for what they enjoy doing and work together to find a balance.
• He believes that everyone is in a unique position and that work/life balance is a personal choice.
• Alex thinks that people should live in the now and the future and find a balance that works for them.

How society fools the poor with "work/life balance" - YouTube

Conclusion

• Alex believes that people should prioritize what brings them joy and meaning in their lives and work to create options.
• He thinks that society's definition of work/life balance can be misleading and that people should find a balance that works for them.
• Alex believes that marriage is not necessarily a compromise and that compromise is a belief statement.
• He thinks that people should live in the now and the future and find a balance that works for them.

The Misleading Concept of Work/Life Balance

• Trying to balance work and life can lead to anxiety and feeling uptight.
• Having the freedom to work when you want can lead to greater productivity and happiness.
• There are two dynamics that work in relationships: "we're in it together" and "cheerleader and quarterback."
• The "we're in it together" dynamic allows for a shared sense of reality and respect.
• The "cheerleader and quarterback" dynamic requires a very aligned mission and goals.

Managing Relationships as an Entrepreneur

• Entrepreneurs can grow apart from their partners due to exposure to different stimuli.
• Couples who have separate careers tend to be the happiest because they have shared goals and values.
• Creating space in a relationship can prevent becoming too familiar and feeling like siblings.
• Each dynamic requires a different correction: creating more space or creating more familiarity.
• It's important to have a shared sense of commitment and loyalty in a relationship.

Watch the video on YouTube:
How society fools the poor with "work/life balance" - YouTube