The Game w/ Alex Hormozi

What happens to our money when we’re gone? Today, Alex (@AlexHormozi) talks about the long-term plans he and Leila have set up in the event they pass away and why they’re giving to charity instead of simply passing the wealth to their next generation.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(0:29) - Alex and Leila already have signed wills donating everything they have to charity. Why? They don’t believe in passing it to their potential children, it’s money not earned on their own

(4:43) - You can still give away things while you’re alive. Other than money, you can also impart your experiences, stories, etc. that can bring value to others

(7:08) - Entrepreneurship is like a casino. It’s just a game. Money can only solve money problems

(10:37) - When you give descendants lots of your wealth, you are depriving them of the skill to earn their own money

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We Are Giving Away Our Money | Ep 332