Hourly Rate Magic | Ep 241

09:14

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The more skills you've got, the more money you have. Today, Alex (@AlexHormozi) breaks down how we can find our actual hourly rate, and gives advice on how we can enhance both our skillset and how much we earn if we continue practicing.

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:

(1:15) - Alex shares with us a formula and the calculation to get your actual hourly rate

(2:05) - There are 2 ways to can use your hourly rate to quantify what activities you want to engage in OR at least quantify how much value your time is

(3:28) - Another fun thing about the hourly rate is that you can also start quantifying your purchases in reverse in terms of time.

(5:20) - Certain money-making activities are skipped because of the ego attached to it & the cost of getting someone new and its lost opportunities

(7:53) - From a spiritual or skill standpoint, the entrepreneurial journey is really just continuing to practice higher-level skills with more lever

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