Chapter
The Reverse Role Model and Cost of Capital
1:21:25 - 1:26:04 (04:39)
On this podcast, the speaker talks about the concept of the reverse role model and how it's important to find an example of who you don't want to become in order to guide yourself. They also discuss how having a sense of urgency can push you to take action and not let opportunities go to waste.
Clips
The concept of reverse role models can provide a sense of urgency to take action towards a better future.
1:21:25 - 1:23:49 (02:24)
Summary
The concept of reverse role models can provide a sense of urgency to take action towards a better future. It also has a connection to the projection bias, where people tend to believe that past activities that have rewarded them will reward them again in the future.
ChapterThe Reverse Role Model and Cost of Capital
Episode#610 - Alex Hormozi - 19 Harsh Truths About Human Nature
PodcastModern Wisdom
The speaker questions the motivation behind adopting a business strategy that aims to face the toughest challenges, as it often leads to overconfidence and arrogance.
1:23:50 - 1:25:18 (01:28)
Summary
The speaker questions the motivation behind adopting a business strategy that aims to face the toughest challenges, as it often leads to overconfidence and arrogance. He shares a comment made in a meeting, where someone raised a similar concern.
ChapterThe Reverse Role Model and Cost of Capital
Episode#610 - Alex Hormozi - 19 Harsh Truths About Human Nature
PodcastModern Wisdom
In this podcast, the speaker emphasizes the importance of practice and how it is more important than natural talent, as the latter can only take one so far.
1:25:18 - 1:26:04 (00:46)
Summary
In this podcast, the speaker emphasizes the importance of practice and how it is more important than natural talent, as the latter can only take one so far. The speaker views not preparing for a fight as an ego play, and practicing hard as an opportunity to improve.