If you only have an extra $1000, spend it on this! | Alex Hormozi

If someone only has a few thousand dollars a year extra to spend on something, what's more important for them to invest it in the stock market or real estate or to invest in themselves? You know where I'm going with this one. So my favorite ism that I like is don't invest in the S&P 500. It's invest in the S and me 500 because you will get so much more on active income by investing the small amount you have into increasing your earning capacity. Everyone's afraid to work. Everyone wants to get rich quick, which is why lotteries continue to make money. And so if you can just get out of that basic fallacy that you're somehow going to get lucky, I would rather get rich for sure. Like success insurance is extending the time horizon and being willing to learn skills along the way. That's success insurance.