Do These 6 Things To Accelerate Your Success | Ep 901

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 and will learn on his path from $100M to $1B in net worth. Wanna scale your business? Click here. Follow Alex Hormozi’s Socials: LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Alex Hormozi?

  This video might save you 20 years of your life, or maybe just move your life 20 years forward. My name is Alex Tramose. I run acquisition.com. It's a portfolio of companies that last year did over $250 million in aggregate revenue. So here's the thing, you don't need to own a company for this to work. You just have to have more dollars than you have time and want to make a trade. Some of the recommendations will add up $20,000 a year, but you can get started as long as you make over 15 bucks an hour. And I'm going to show you seven investments and the exact order to do them that will save you an entire week, every single month, and that's a quarter of your life. The first thing is getting your meals taken care of. And so whether you use Uber Eats or use pre-made meals, it's about 16 bucks an hour in terms of cost to get this done for you. And so as long as you make more than $16 an hour,

• 0:44Alex Hormozi?

  you still arbitrage on your time. And many people who are especially trying to reinvest in their time, even if you didn't, as long as you use that extra time to increase your skill set, it's absolutely worth it. So these are all the things just outsourcing your meal prepping to gets you back. So number one is groceries. So all the time you spend driving to the store, coming back from the store, unloading the groceries into your pantry, all of that time. The next is meal planning. Because believe it or not, you think, well, what am I going to have for dinner night? And that takes mental bandwidth. On top of that, you have, okay, well, if I know what I'm going to have, I still have to cook it, right? And then after you do the cooking, what do you do? You got to do the cleaning, right? And then on top of that, you then have to still prep all the food. As in like, I have to store it and I have to put it away in the fridge and I have to portion it out if you're going to do something like that.

• 1:29Alex Hormozi?

  And whether you do it at the time you cook it or when you eat it, you're still portioning it for yourself and it still takes time and it still takes bandwidth. And the average American spends 13.5 hours per week. Huge per week, right? That's two full workdays. Think about that, right? 13 and a half hours a week, just doing this stuff that's not really value additive. And so right now, you can get two meals a day, which is what I recommend. Have a shake in the morning, do a lunch and a dinner. Makes it very easy. Times 30 days per month, and that's about $750 per month. That sounds like a big ticket, but remember, you're not buying groceries anymore. You're not buying anything else because all of that food is getting delivered. Don't eat anything besides that. It also, as a side note, is a great way to get in shape if you're a little bit overweight.

• 2:14Alex Hormozi?

  Now, I will give you an alternative if you're somebody who likes to have a little bit more variety. There's a lot of, you know, I would say self-finance, whatever, you know, type people, they'll say never eat out and all that kind of stuff. I would say just my, my life exists as an exact opposite. I eat out all the time. And I just see this as as more flexible meal prepping that another business does more efficiently than me. And so for a period of multiple years, I ate Chipotle twice a day. And it came out, it was like 500 plus transactions at Chipotle that my accountant told me. And he was like, I can't believe you're spending so much money. I was like, but think about how much time I'm saving. And also I was like, look at my grocery bills. They're non-existent because I, only thing I was buying was Red Bull and Coke Zero. Right? So if you want to Uber Eats or you want to order and have somebody deliver to you, I think it's totally fine.

• 2:58Alex Hormozi?

  It does cost a little bit more, but net, net, it's up to you. So boom, 13 and a half hours saved. But we're not done yet. So this is laundry. And guess what? The average American spends, do you think it's one hour, two hours, four hours a week? That's a half a workday, four hours per week doing clothes cleaning related activities. So that means 30 minutes a week sorting your actual stuff and folding it. Putting it away is like an hour plus per week. Washing and drying cycles typically have to be close to it. That's two hours a week. And so in total, it's four hours per week, which is 16 hours per month. All right? So again, boom, we just found two workdays right there per month.

• 3:41Alex Hormozi?

  And so the question is, okay, well, if you can get two full workdays back, you should totally do that. Well, how much does it cost? Right? Well, you can do drop off service. Drop off service is usually one and a half to two bucks a pound. Right? At least in the US today. All right. And so most people average 30 to 40 pounds a month. Unless you crazy and you're a big fashion icon. I don't know. I mean, I'm obviously a fashion icon. So I know all about this. But the monthly cost is somewhere in the neighborhood of $60 to $80. Now you might be wondering like, why didn't I start with this one rather than the groceries? The thing, the reason I like the groceries one is I think it's for many people, they want to get in shape better. This can check multiple boxes. Like you can have better energy. You can clear up your skin if you eat too much oily shit. You can lose weight. And save time. It just like it checks so many boxes upfront. It's one of the first things I recommend.

• 4:24Alex Hormozi?

  This one is small and obvious. Like I have never, I've not met many founders who are like, you know what I really look forward to? Laundry, right? Like just, I've never heard it. Some people love cooking, different thing. But as far as your, your, your, your daily drivers in terms of activities, not worth it. So there's a picture of Leila and I actually sitting outside of laundromats, working on our laptops. We did this because we were actually moving around the country so often that it was very difficult for us to find like a specific launderer. I guess you could call it. It was actually just faster. So as a side note, I actually think that laundromats do make sense. Especially if you waste a whole day going from laundry to cleaning to dry all day long while you're watching the football game or whatever it is. Way better to just go there, get it all done and then be out. And I'll give you the world's smallest tip, smallest tip.

• 5:09Alex Hormozi?

  If you do choose to wear the same thing every day, it makes it so easy to get up and go every morning. Like, cause I have one shelf that just says wife beaters. And then I have a shelf below that has black shorts and I grab one from here and one from here and I can do it in the dark. So I have zero thinking and I'm out the door in like five seconds. All right. So so far we saved thirteen and a half hours a week with groceries and we save four hours a week with laundry. So what's next? Jesus. Next up is house cleaning. So someone to clean your house or apartment, just think bathrooms, kitchen, floors, dusting, just kind of the whole place. So this is how much it actually saves for you. So on average, the average American spends three to four hours doing a weekly deep clean.

• 5:51Alex Hormozi?

  And about thirty minutes per day, which is another three ish hours per week. Tidying up their home or their desk or their room or their workspace, whatever. And so in total, we're looking at another six to seven hours per week, which gives us twenty six hours per month. All right. I also weirdly have yet to meet an entrepreneur who's like, you know what I really love? Just deep cleaning, you know, just putting the, putting the gloves on and getting in the shower grade and like picking up the oven thing or the, the stove top and getting in there. I mean, some people are crazy. Don't get me wrong. And if you love cleaning, then by all means you can skip this one. But most people don't. And so if you can get yourself another, remember this is twenty six hours per month.

• 6:34Alex Hormozi?

  Three more workdays per month that we're adding back to your life. And the total cost is as long as you make more than twenty bucks an hour, it makes sense. And so our monthly cost here all in, so we had our sixty to eighty here. Here we've got our two hundred. To 300 per month and then here we've got our 750 per month. All right. So you can see as we're adding this up, we're making progress and we're chipping away. We're buying time back. My team just asked me, when did I start investing in this? The real, real answer is I just didn't clean. And the way that I didn't clean is I just wouldn't touch anything in my apartment because I didn't want anything to get dirty. So I wouldn't have to clean. So so far we've saved 13 hours a week, four hours a week and six hours a week in total. So we're looking at 23 ish hours per week and it cost us 750, 60 plus 200.

• 7:19Alex Hormozi?

  All right. So all in, we're looking at a thousand bucks a month ish right now for an extra 23 hours per week. We're talking multiple workdays per week already. You seeing how this stuff adds up? So let's do the next one.

• 7:34Alex Hormozi?

  Blackout curtains and earplugs. All right. Now I'm telling you in terms of ROI, like you spend a third of your life sleeping. And the idea that so few people have optimized what they spend a third of their life in. Like you spend so much on your car, you spend so much on your house, but a third of your life, right? Is spent in a bed. It is the cheapest environment to optimize. I live in Vegas and so there's lots of noise. And so for me, I have earplugs that I put in. And if you ever try doing these, the first like week or so, your ears will hurt a little bit. Then you will 100% adjust and you don't feel it at all. And now I only sleep with earplugs. Like I can't hear anything. And just the ocean sound, you know, when you like put it in, it's like that sound is now like I, I just like, I'm ready to, I'm ready to pass out.

• 8:18Alex Hormozi?

  But on top of that, you want it to be dark enough that when you open your eyes, you can't notice that your eyes are open. So you open and it's just as black as when you're closed. That's when you've dark, darkened it enough. You can also get electrical tape because sometimes there's tiny little lights that you have in your room. Just put electrical tape on them and electrical tape doesn't usually rip off paint or anything like that. And so those three things like so worth it. Now, if you want to spend a little bit more money, I think it's like about two grand. One time you can get one of those cooling mattresses. I strongly recommend it, especially if you live with somebody, well, you sleep with somebody rather. I strongly recommend getting one of those sleep mattresses that cools you down. It also will dramatically reduce your heating and cooling bill because some, we have to. We cool our entire house just so that when we're underneath of the blanket,

• 9:03Alex Hormozi?

  it's a certain temperature. But you can just cool that tiny area and it'll save you a ton of money. So I think net-net, it'll actually save you money on your bill, especially if you're at work all day or anything like that. If you like sleeve masks, you can use those. I would recommend the ones that have the big cups. I actually do both. So I have Blackhawk and that. Like, I don't want to see or hear anything. You probably already know this, but you probably don't do it, which is don't watch TV on your phone, whatever, before you go to bed. And as soon as you get one of these mattresses that tracks your sleep, what you'll notice is that your REM sleep gets pushed back. And so one of the things is like, if you ever feel like, "Man, I feel like I've got no juice in the middle of my brain." You know where you get that tired feeling? So the no-juice thing is not because you have no juice left. It's actually because you accumulated waste in your brain. And so you need to give your brain time to basically clear the waste out so that it can function properly again. And so that's functionally all we're trying to do here.

• 9:48Alex Hormozi?

  So how many hours does this get you back? I think it's more that it increases the productivity per hour. If we can get another two hours of productivity out per day without actually creating more time, to me, it's still a net benefit. And again, this is one of the cheapest ones you can do because there are one-time expenses that have permanent improvements. And I'm so hardcore about this. Like, I will buy it for a founder who doesn't have it. I was like, "Stop what you're doing right now. Whatever, like, immediately put whatever money you have you're making out towards doing this." Like, it's a non-starter. It makes no sense to not get better rest. Like, you live longer, you're in a better mood, you make higher-quality decisions, you have more energy. Like, you recover better if you train and you work out. Like, there's zero sense to not doing this. All right, next up, landscaping. So I actually don't assume that you are truly landscaping.

• 10:33Alex Hormozi?

  You probably use a lawnmower, but that would have been more difficult for me to catch out of thin air. And so we're going with this thing. As we're moving through this, we're going up in how much it costs, right? One of the things to remember is like, you only get these savings once. Like, I can't go back and get this ROI again. Like, if right now, I could go get myself another 100 hours a month for 1,500 bucks a month, my God. I'd go to the Time Store and just buy it over and over and over. I would jam on the purchase button. But you can only do it once, which is why I think this is one of the highest ROI purchases you can ever make. How much does this normally cost people? Well, it normally saves you one to two hours per week just for mowing. Obviously that's seasonal depending on where you live. The next you've got weeds and trimming, which is another two hours. Now, this is per month. All right, so this is a little bit less.

• 11:16Alex Hormozi?

  But again, like as we get further up here, you're going to get less time for more, for more money. But that's just the trade you make. You've got gutter stuff, gutter cleaning. All right, what you should do, because otherwise your house will get all messed up if you are into that kind of thing. That's about four hours twice a year. And so on average, it's about eight hours per month. And so all in, you're looking at about $300 per month to get that time back. Now, again, you'll notice that the dollars per hour continues to go down. But like, welcome to becoming more successful. Like you have to spend more. And then, once you've done all these ones, it only gets more expensive from there. But these are the easiest ones that I get almost all my initial founders to commit to. Now, let's look at the next one. Whoa, it's a car, a very small car. And hopefully you're driving a car bigger than this one. Now, before I get into this, let's look at what you've saved so far.

• 12:01Alex Hormozi?

  13 and a half hours per week for $750 a month. You've got four hours that you're saving with laundry for about 60 bucks a month. You got six hours that you're saving with cleaning and cleaners for your house. Then you've got sleep, which is going to get you more hours for all this stuff for about 200 bucks a month. If you financed out one of these fancy mattresses and at least the, the earplugs and the, the blackouts are super cheap. Then you've got two hours a week that you're saving for landscaping and mowing and all that kind of jazz. And so if we're adding this as we go, which I hope you are, it's like we're looking at 800 ish, 1,000 ish, 1,200 ish, 1,500 ish per month. Now, hey, I'm not saying this is cheap stuff, but what is it getting you? You're getting in total so far, 10 hours, 23 and a half hours, plus more for that time.

• 12:45Alex Hormozi?

  Now we're at 25 and a half hours per week, three full workdays per week back, which most people are just wasting their weekends on this stuff. What am I doing with this car? All right, so now if you make over $50 an hour, you should consider this. So what is this? So this is, you can either get a driver, if you want to be a super baller, right? Or you can just use the virtual driving economy that exists, which is Uber and soon to be Tesla taxis or whatever it is. And the driverless fleets that are going to be there, because I'll bet you that's also going to dramatically decrease the cost of having someone drive you to. From places, it's going to approximate the cost of energy. It's like energy plus depreciation on the car. Like, that's going to really be the equation for transport, which is amazing for all humans. Because when you look at how economies work,

• 13:29Alex Hormozi?

  the base, the base level of everything is energy. And then from energy above that, you have transportation. And so it's a very foundational level of like how efficient an economy is. And so for you, if you could take the 30 minutes a day or 45 minutes a day that you spend commuting, which by the way, the average, if you're curious about it, is one to two hours. Let's just call this 1.5 hours per day that people spend. And that also doesn't include the hassle of parking and, you know, walking from wherever they are at to their actual final destination. And so, believe it or not, this is a monster one. So this is about 30 hours per month, conservatively, that people spend, up to 50, depending on where you live. And so the question is, okay, that's a lot of hours. And we said 50 bucks an hour to start this,

• 14:13Alex Hormozi?

  because you gotta be willing to spend a little bit more to get this. So, in general, this is going to probably run you somewhere in the neighborhood of like 600 to 1,000 per month. And you're like, why is the range so big? Well, it depends how far you drive and how much you drive, right? But it's a pretty penny. At the same time, though, there's also a lot of hours back. But you might be thinking, well, how do I, how do I make those hours productive? That's a key point, right? So a lot of the tweets that you see from my account and whatnot, I actually tweet while I'm being driven, right? And so that way, I'm either checking Slack messages that I have so I can update, you know, threads and Asana boards and whatnot. I'm kidding, I'm not on Asana, but like, whatever. I'm sure people could do that. For me, it's tweeting and checking Slack to make sure that I can move the ball forward on the projects I'm involved in. All right, let's zoom zoom to the next one. And I'll just draw it for you,

• 14:56Alex Hormozi?

  because this is what we're looking at, which is getting a plane. There you go, you don't have to buy a jet. But what you don't know is that you can also just get semi-private flying. So I found out about this way too late in my life. But you can basically, there's plenty of places like JSX, I think JetBlue has some of this stuff, where you can get on a plane with like 20 people. And by doing that, you get, avoid all of the TSA, all the security, you literally just roll up to the plane, walk in, walk out. And as somebody who flies a lot of private, I'm telling you, it's so close to where you get in private for such a fraction of the, of the price. It's a great Deal. And so probably somewhere in the neighborhood of like triple the cost of travel. But if you compare that to what private costs, it's way less.

• 15:37Alex Hormozi?

  So like if, for example, if I want to go from here to LA, so I'm in Vegas and that's a 30 or 45 minute flight. It's still going to probably run me 15 grand, maybe 20 for that, for that flight. There's obviously round trip, things like that. But let's just use 20 as a, as a placeholder. For the same JSX flight, it's probably 300 bucks. Now you could get a Spirit or something like that for probably like 50 or 60. If you, if you time are right, maybe 99. So it's going to be about triple the cost of one of the kind of commercial airlines. But the amount of time you save, instead of honestly, instead of it being a travel day. You just work and then you just drive to the place, you get on the plane at 30 minutes and then you're wherever you're at. And so if you have to travel for work, I just like, I can't recommend it enough.

• 16:17Alex Hormozi?

  So on average, if you fly 50 to 100 hours per year, it's going to be somewhere around one hour per week. And how much is this cost? Well, this is going to cost you significantly more, right? But the thing is, is that that one, if you travel, if you include all the other costs associated with it in terms of time. Sometimes this can be 10 hours, right? Per week, if you travel, you know, a lot. And so this one's super variable, but usually it's going to cost you somewhere in the neighborhood of a thousand bucks a month. On top of what you would normally spend. If we're adding all this up and we do this weekly, you got 13 and a half, you got 17 and a half. You've got 23 and a half, you've got more optimization, you got 25 and a half. You've got 26, 27, and then you've got eight on top of that's 35 and then 10 here, you're 45.

• 17:01Alex Hormozi?

  You basically buy yourself an entire week back. Now, if you're like, wait, hold on, if I did that, I'd have a whole nother work week? Well, the answer is kinda yes, and I'll explain what I mean. A lot of people want to work all day and they work their available hours per day. But many of their hours are taken up by what I call humaning, right? Which is doing the stuff that you have to, you're like, I gotta feed this thing and I gotta clean this thing. This body suit that I wear, I gotta take it from place to place, right? It's such a pain. So if we add all this up, 750, 60, 200, 200, 300, 600, 1,000. We're looking at 3100 ish, so three grand a month to get all these benefits. Now, if you're not traveling As much boom, you're at like 2000 ish per month. Now, some of you might be like, well, in my market, you'd be crazy to get that.

• 17:44Alex Hormozi?

  It's like, great. Well, you probably also earn more because you're also in that market. So chill out. All right. The point here is the concept more than the actual dollars and cents and time is real. Right now, some of you be like, I don't spend that much time cleaning. Amazing. I love that for you and for everybody else, find use. All right. But the big picture is if we think about focus as the hypothetical extreme, which is doing nothing except for the task that we set out to do, then anything that is not that task distracts us from the ultimate goal that we have. And so this may seem crazy to outsourced humaning, but unless you get significant value or purpose or meaning from doing some of these more mundane activities, then I would strongly recommend getting yourself an entire week per week back. And so if you can do that, like I said at the very beginning of this video, you can get 10 years back, but you could probably get a lot more than that

• 18:29Alex Hormozi?

  in terms of productive hours, right? Because you're sleeping eight, so you really only have 16, right? So if all of a sudden you can get an extra four, five, six per day back because you're not doing all this other stuff, all of a sudden people are like, how does he get so much done? It's like, well, I literally have two weeks for every week. And this is accessible for anybody who has a business over a certain level. And you don't have to do it all at once. You could start, if we had to make an order here of where I would order these, I did it in the order that I would recommend doing it. So do this first, get your meals and stuff taken care of. Second, get your laundry and stuff taken care of. Then you've got your cleaning for the house, get that taken care of next. This one, I would say make this zero. You should for sure do this, but I didn't want to start with sleep because it wasn't an hours thing, but I think super important. Okay. After that, you've got your lawn care and all that other jazz.

• 19:13Alex Hormozi?

  All in, we have seven if we include our zero. And so you can do them in this order and they cost this much. And it's one of the highest returns you can get on your time, more than the S and P 500. Go spend this money so you can increase your active income rather than obsessing over passive and you will thank yourself for it in a few years.