Particle Data Platform

The 4 Paths To Mega Money | Ep 975

6/2/202625 min

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Many people stay broke chasing shortcuts. The wealthy play a different game. In this episode, Alex breaks down the four paths that create massive wealth and explains why nearly every billionaire follows at least one of them. From bootstrapping businesses to raising capital, the lesson is simple: wealth is about choosing the right game and playing it long enough.

In this episode

00:00 Four wealth paths explained

01:44 Path #1: Bootstrapping a business with your own money

06:25 Path #2: Raising capital and using other people's money

11:31 Path #3: Investing in other people's businesses

16:48 Path #4: Fund management and maximum leverage

21:02 How to attract capital by finding exceptional deals

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Transcript preview

First 90 seconds
  1. Alex Hormozi· Host0:00

    Poor people stay poor because they want a fast way to get rich. And instead, the richest people that I know pick one of these four paths, play it for a decade, and then end up with more money than everyone else that is just chasing shortcuts. And just as a fun reminder for you, no president, no economy is gonna make you rich. You have to do that for yourself. So in this video, I'm gonna show you the four paths to mega money, and I'll show you how to pick the right path at the right time for you. Let's get into them. You've got your money and your business, you've got other people's money and other people's businesses, and then permutations of those. And so your money, your business, right, is a bootstrapped business. If you have other people's money and your business, now you're raising capital. If you have your money and other people's businesses, now you're investing. Finally, you have other people's money and other people's businesses, which is fund management. Now, to give you some proof points around this, I actually looked up the top eleven richest people currently on the Forbes list, and I'm gonna tell you where they are. So you've got Elon Musk. He's a raise capital guy. Almost every single company he's had, he's raid-raised outside capital, and then he's continued to fund it and grow it. Larry Ellison, who's number two, raised capital. Mark Zuckerberg, raised capital. Jeff Bezos, raised capital. Larry Page, raised capital. Sergey Brin, raised capital. Steve Ballmer, bootstrap. Microsoft was bootstrapped. A lot of people don't know that. Underneath of that, you got Jensen Huang, raised capital. Warren Buffett, investing. Michael Dell, bootstrapped. The Waltons, as in Walmart, bootstrapped. And so that's the top eleven wealthiest people in the world. Now, you might have noticed that fund management wasn't there. If I go, like, six deeper, you'll find people

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