Alex Hormozi: I told myself I was wealthy until it came true.

Last updated: Jun 15, 2023

The video is about the importance of the stories we tell ourselves and how they can change our beliefs, skills, and character traits, using examples from entrepreneurship to illustrate the point.

This video by Alex Hormozi was published on Aug 13, 2021.
Video length: 11:56.

In this video, Alex Hormozi discusses the importance of the stories we tell ourselves and how they can change our beliefs and character.

He gives examples of how changing beliefs can lead to success in entrepreneurship, and emphasizes the need for aligned beliefs, skills, and character traits at each level of the ladder to achieve success.

Hormozi also discusses the importance of developing soft skills and how they can be just as important as hard skills in achieving success.

  • The stories we tell ourselves have a significant impact on our behavior and character.
  • Beliefs are the most critical factor in changing behavior and character.
  • Developing skills and character traits is also essential for success.
  • Having aligned beliefs, skills, and character traits at each level of entrepreneurship is necessary for success.
  • Appealing to our past and identifying when we exhibited certain character traits is important.
  • By changing who we are and how we make decisions, we can change our entire life and watch our business grow as a result of who we have become.
  • By making affirmations into arguments that we make with ourselves every day, we can change who we are and how we make decisions.

I told myself I was wealthy until it came true. - YouTube

Alex Hormozi: I told myself I was wealthy until it came true. 001

The Power of the Stories We Tell Ourselves

  • The stories we tell ourselves have a significant impact on our behavior and character.
  • Personal development practices like affirmations may work for some people, but not for everyone.
  • Changing beliefs, increasing skill sets, and developing character traits are essential for entrepreneurship.
  • Beliefs are the most critical factor in changing behavior and character.
  • Beliefs can hold us back from promoting our products or services, even if they are successful.
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Examples of How Beliefs Impact Success

  • A friend's fitness app grew to $20,000 a month without promotion because he believed it wasn't good enough to promote.
  • When he changed his belief and started promoting it, the app's revenue increased to $150,000 a month.
  • Changing beliefs helped the speaker transition from running gyms to licensing the model, resulting in a jump from $2-3 million to $28 million in revenue.
  • Character traits like discipline and focus are also essential for success.
  • Having aligned beliefs, skills, and character traits at each level of entrepreneurship is necessary for success.
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Developing Soft Skills for Success

  • Skills are straightforward to develop through courses, books, and practice.
  • One skill that many marketers lack is sales team management, which can lead to significant growth when developed.
  • Beliefs are more challenging to develop, but having someone else believe in us can help us trust in ourselves.
  • Developing character traits like discipline and focus can also be challenging but are necessary for success.
  • Having all three factors (beliefs, skills, and character traits) checked off at each level of entrepreneurship is necessary for success.
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I told myself I was wealthy until it came true. - YouTube

Conclusion

  • The stories we tell ourselves have a significant impact on our behavior and character.
  • Changing beliefs is the most critical factor in changing behavior and character.
  • Developing skills and character traits is also essential for success.
  • Having aligned beliefs, skills, and character traits at each level of entrepreneurship is necessary for success.
  • Developing soft skills like beliefs and character traits can be challenging but are necessary for success.
Alex Hormozi: I told myself I was wealthy until it came true. 006

The Importance of the Stories We Tell Ourselves

  • The stories we tell ourselves can change our beliefs, skills, and character traits.
  • Identifying character traits that we lack or skills that we don't have is important.
  • Our identity is fluid, and we need to be able to change our identity and character traits based on what the business requires if we want to grow.
  • Appealing to our past and identifying when we exhibited certain character traits is important.
  • Telling ourselves the stories of the things we did in the past that exhibited those traits can help us develop those traits.
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Appealing to Our Past to Develop Character Traits

  • Identifying character traits that we lack or skills that we don't have is important.
  • Appealing to our past and identifying when we exhibited certain character traits is important.
  • Telling ourselves the stories of the things we did in the past that exhibited those traits can help us develop those traits.
  • Our identity is fluid, and we need to be able to change our identity and character traits based on what the business requires if we want to grow.
  • Developing character traits like wisdom, discernment, patience, and integrity is important.
Alex Hormozi: I told myself I was wealthy until it came true. 008

Changing Our Beliefs and Character Traits

  • The stories we tell ourselves can change our beliefs, skills, and character traits.
  • Our identity is fluid, and we need to be able to change our identity and character traits based on what the business requires if we want to grow.
  • Telling ourselves the stories of the things we did in the past that exhibited certain character traits can help us develop those traits.
  • Instead of saying an affirmation, we should tell ourselves the story of why what we're saying is true.
  • By changing who we are and how we make decisions, we can change our entire life and watch our business grow as a result of who we have become.
Alex Hormozi: I told myself I was wealthy until it came true. 009

The Power of Arguments and Making Affirmations into Arguments

  • Instead of saying an affirmation, we should tell ourselves the story of why what we're saying is true.
  • By making affirmations into arguments that we make with ourselves every day, we can change who we are and how we make decisions.
  • Our identity is fluid, and we need to be able to change our identity and character traits based on what the business requires if we want to grow.
  • Developing character traits like wisdom, discernment, patience, and integrity is important.
  • By changing who we are and how we make decisions, we can change our entire life and watch our business grow as a result of who we have become.
Alex Hormozi: I told myself I was wealthy until it came true. 011

The Power of the Stories We Tell Ourselves

  • Stop giving trauma power and tell yourself a different story about who you are.
  • Make arguments instead of affirmations to have stronger and faster change in the desired direction.
  • Control your emotional state to level up your business.
  • Most business owners fail not because of lack of beliefs or skills, but because of who they are.
  • Change who you are to change your business.
  • Use the word "because" to persuade yourself in the right direction.

Watch the video on YouTube:
I told myself I was wealthy until it came true. - YouTube

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