Alex Hormozi: Millionaire Reveals “7 Things I Wish They Taught In School”

Last updated: Jun 15, 2023

The video is about the seven different disciplines that entrepreneurs need to learn in order to fill the hole in their souls and feel more complete, including foundational education, physical health, professional skills, emotional intelligence, financial education, relationship building, and spiritual growth.

This video by Alex Hormozi was published on May 26, 2021.
Video length: 12:56.

In this video, Alex Hormozi discusses the seven different disciplines that he believes all entrepreneurs need to learn in order to feel more complete and find meaning in their lives.

These disciplines include foundational education, physical health, professional skills, emotional intelligence, financial education, relationship building, and spiritual growth.

Hormozi explains that by understanding the breadth of topics and disciplines that we should have and understand, we can identify our deficiencies and work to improve ourselves in these areas.

  • Foundational education includes reading, writing, math, emotional intelligence, physical health, financial education, relationship building, professional skills, and spiritual growth.
  • Physical health is important for energy and longevity, and affects all other disciplines.
  • Professional skills depend on career path, and identifying deficiencies is important for growth.
  • Emotional intelligence involves understanding and accepting feelings and thoughts, and is necessary for growth.
  • Relational skills involve communication, influence, and dealing with others, and are important for building groups and companies.
  • Financial education includes personal finance, decreasing expenses, and multiplying money, and is crucial for entrepreneurs.
  • Philosophical values guide decisions and actions, and are necessary for entrepreneurs to have.

Millionaire Reveals “7 Things I Wish They Taught In School” - YouTube

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Foundational Education

  • Reading, writing, and math are the foundational principles taught in school.
  • These principles can be used to learn the rest of the disciplines.
  • However, the education system should be redesigned to teach only foundational principles.
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Physical Health

  • Living in this world means living in the physical plane, so it's important to understand what to eat and how to move to increase energy and longevity.
  • Learning how to train and eat to look and feel the way you want is crucial.
  • Other things under this bucket include sleep routines and physical training.
  • Physical health is a priority because it affects all other disciplines.
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Professional Skills

  • Professional skills depend on the career path you choose.
  • Formal education is helpful, but real education begins after graduation.
  • Identifying deficiencies in professional skills is important for growth.
  • Professional skills are the third level of education.
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Millionaire Reveals “7 Things I Wish They Taught In School” - YouTube

Emotional Intelligence

  • Understanding your own feelings and thoughts is crucial for growth as an entrepreneur.
  • Identifying deficiencies in emotional intelligence is important for growth.
  • Being able to name and accept deficiencies is necessary for growth.
  • Emotional intelligence is the fourth level of education.
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Foundational Education

  • Formal education is not enough to learn everything you need to know in life.
  • Foundational education includes learning about emotional intelligence, physical health, financial education, relationship building, professional skills, and spiritual growth.
  • Most people have no education on these topics.
  • Entrepreneurs need to learn these disciplines to feel more complete.
  • These disciplines are not taught anywhere.
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Relational Skills

  • Relational skills are how to communicate, influence, and deal with others.
  • Mastering yourself is the first step to being able to relate to others.
  • Being able to relate to others is important for building groups, tribes, and companies.
  • Books that talk about how to deal with other people can be transformational.
  • Being likable and trustworthy is more about character traits than hacks or tricks.
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Financial Education

  • Financial literacy includes personal finance, which is learning how to spend less than you make.
  • Wealth is a ratio between how much you earn versus how much you spend.
  • Decreasing expenses can increase wealth.
  • Financial education also includes learning how to multiply money and have it work for you.
  • Entrepreneurs need to know how to manage finances to have a successful business.
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Philosophical Values

  • Philosophical values are the values you choose to live by.
  • These are the things that you believe to be true that are eternal.
  • Having philosophical values can be incredibly useful.
  • Entrepreneurs need to have values to guide their decisions and actions.
  • Having enough money to spend millions of dollars a year for the rest of your life assumes that money doesn't even grow.
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The Importance of Philosophical Growth

  • Philosophical growth is the most important bucket for entrepreneurs to fill.
  • It involves understanding what it means to be human and the purpose of life.
  • Improving other areas such as financial education, relationship building, and physical health will not lead to fulfillment without understanding why you are doing them.
  • Correcting language patterns and self-talk can help shift a defeatist mindset to one of growth.
  • Understanding your own philosophy and where you derive meaning in life can lead to a more fulfilling existence.
  • Philosophical growth can lead to a desire to help others and make a positive contribution to the world.

Watch the video on YouTube:
Millionaire Reveals “7 Things I Wish They Taught In School” - YouTube

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