Alex Hormozi tells 20-year-olds that entrepreneurship will transform you more than it will make you rich. He lost everything five years in but kept his skills and beliefs, which let him rebuild and succeed later. The work shapes you; you don't shape the work.
What advice do you have to people in their 20s who want to make a lot of money, but if they're not emotionally ready, what might happen to them? One of the hardest costs, and this is like what entrepreneurship feels like if I can give it to anyone who's new to this, is the feeling of uncertainty that you don't know if all of the work that you've been spending all of your nights and weekends and off time investing in will ever pay off. And so it's this fear that you're wasting your time. But the reality is that the outcome isn't the thing that you're building. The person you are is the person that you're building, and that continues to work. And so there's a proverb in the Bible, I'm going to butcher it, but I think it's in all labor there is profit. You can rephrase that as, I like, as the work works on you more than you work on it. Say it again. The work works on you more than you work on it. And so it's about who we become while doing the work more than the outcome from the work itself. Because I lost everything five years into my entrepreneurial journey, but I still had all the skills and beliefs that I had from before that. And then I was able to reapply those and then have a really big outcome in what we have today.
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