Shadowing Practice: Alex Hormozi: The 4 Steps To Your First Dollars Tomorrow - Learn English Speaking with Video

Choose a practice mode

Each mode opens a full-screen practice room.

418 sentences
If sentences are too short or too long, click Edit to adjust them.
1
what are you going to unblock for them?
2
When you, if someone read all your books, listen to your podcast, listen to today's podcast, what are they going to unblock that's been tripping them up,
3
keeping them behind or holding them back?
4
I think they would have clarity on what actions were required to get what they wanted.
5
And then at that point, they would only have to just think like, why am I not doing it?
6
Which is a separate conversation.
7
But there's a lot of confusion, I would say, around like, what are the things that are required in order to create a business in order to create an income, I would say that I'm an objectivist.
8
And so I just look at what are the things that are observable.
9
And I think a lot of time people spend inside their heads, trying to think about manifesting and energy and all of this stuff when it's like, we got to let people know about the stuff we have,
10
we got to have something to sell.
11
And we got to make sure that what we're charging costs less than it costs to deliver it.
12
And we try and do that as many times as we can.
13
And so each of those pieces, obviously, as frameworks behind them, but they're all tied to one thing, which is just what actions are required.
14
And that's been the single pervasive frame in my life that has made navigating reality significantly easier for me.
15
Because I was very confused coming up, and I was like, I don't know what any of this is.
16
And I read all these self-help books, and I felt more confused after the 10th book than I did in the first book.
17
And then it was just like, okay, what do I have to do?
18
And then that is kind of what has started this journey for me.
19
What's that number one misconception you hear when people are thinking about building a business, making money, changing their financial situation?
20
What's the number one thing you hear and you go, that's the issue?
21
I think the conflate sequence is probably the first and biggest thing.
22
Because a lot of people who are wanting to make money believe that the making money comes from investing.
23
And investing is the last thing you do, not the first thing you do.
24
And so one of the things is they'll look at people who are at the end of their careers and say, okay, well, these guys are making all these bets, right?
25
If I just bought this meme coin or I just bought Bitcoin in 2013, I'd be super rich.
26
But it actually doesn't take into consideration what a decision-making process like that would create, which is if you took a swing at every type of Bitcoin, because you can't just say, I would only pick this one.
27
You'd have to say, I'd pick every single super long shot.
28
It's like, we probably would have lost them 99 of the other bets.
29
And so it's like, we have to take it in aggregate.
30
And so I would say making active income cool again, rather than the passive bet and really just gambling is probably the first thing
31
that people mess up is that they somehow think that working or active income is not scalable.
32
When in reality, the people who have the most money typically have tremendously high incomes.
33
And it's because of the excess of cash flow from that income, are they able now to make big swings with riskier bets that sometimes pay off and sometimes don't.
34
But you can't take those swings unless you have more cash flow that's coming in from the things you do every day.
35
You know what?
36
No one's ever said it that well, like from everyone I've spoken to.
37
And I'm so glad you pointed it out because I completely agree.
38
I have so many friends who, when they saw the rise of crypto, whatever it was, jumped in with a large sum of their life savings
39
because they heard of a friend of a friend of a friend who'd made a killing, put it all in there.
40
A week later, it dropped by like 10K.
41
They pulled it all out.
42
The next week, it went up double.
43
And it was just a mess.
44
And so many of them lost like 10, 20, 30, 40,000 pounds, dollars and it's all because you're thinking that's the way to get there.
45
And it's cooler and it's smarter and like you're a genius.
46
And you're right, actually everyone I know that's made amazing money on any of
47
that already had tons of money and it was play money for them.
48
So it just changed into this.
49
So what's happening there?
50
Why is it that we've been led down this thought process and how do we get out of it?
51
I mean, I think it's fundamentally the something for nothing fallacy of like, how can I get rich quick?
52
How can I do it really easily?
53
And basically, the more it feels like luck is usually where you should have your first red flag.
54
If you, I mean, I have a belief that if you control all the variables, then you can predict the outcome.
55
Now, we don't always control all the variables in any given situation.
56
But the greater number of variables we control, the greater influence we have over the outcome.
57
And if you're getting into something like this and you're like, I actually don't even know what the variables are.
58
Then it's like you are 100% gambling.
59
And so this is your life savings.
60
Would you put it on black at the casino?
61
Probably not.
62
This is really not that different than that.
63
And except at the casino, you have no nods at least right here.
64
It's like you have no idea.
65
And typically by the time, especially gen pop kind of retail investors find out about something, it is the peak and it is too late.
66
And so you have to be at the very beginning of these if you want to be speculative, which I wholeheartedly am not a big fan of speculative investments in general, because it's basically the greater fool theory,
67
which is what they call it in the investment world, which is just like we just keep selling to the greater
68
and greater fool until sometimes somebody is the greatest fool of all
69
and then it drops right and
70
so i prefer to think about instead of thinking of investments
71
and active income i think of just money per unit of time
72
and that kind of takes out this binary
73
or what i would consider a false binary of active
74
and passive and think well and i i feel like i can prove this pretty clearly
75
which is we live in time and we collect money in
76
that period of time and so fundamentally all we want to do
77
if we want to increase our income is just think what are we earning per unit
78
and this is where again bad piece of advice is like never sell your time it's like okay well
79
if someone give you a billion dollars for an hour would you not sell
80
that i would right and so it's a question of how much is your time worth
81
and then that creates a much more actionable uh decision-making framework of is this worth it
82
or not you can build something very big in about five to seven years
83
and the problem is that i think most people spend
84
that same five to seven years reliving the same 30 days over and over again, jumping from thing to thing to thing,
85
and never actually getting the route set so that they can pay down their ignorance tax of not knowing enough.
86
Basically, I would say there's five stages that most newer entrepreneurs or people who want to pursue income go through.
87
So the first is what I call uninformed optimism.
88
So your friend tells you about this thing they made 10 grand on, and you're like, that sounds amazing.
89
You're uninformed, but you're optimistic, right?
90
And so then you get into it, and then all of a sudden you get to informed pessimism.
91
So you get in and then you put your money in and then it drops and you're like, wow, this sucks.
92
And then, you know, people are like, buy the dip.
93
And so you're like, okay, I'm going to, I'm going to put more money in.
94
And so then you get to kind of stage three, which is the value of despair where you're like, oh my God, I've lost so much money.
95
I have no idea what's going on right now.
96
And at stage three, there's kind of a fork.
97
And so either people then go, well, my other friend told me about this other thing.
98
And they jumped back to step one and go to uninformed optimism.
99
And then they just, they funnel through that loop over
100
and over again now to break through that
101
that dip you have to basically get to stage four
102
which is um informed optimism
103
so now you understand the rules of the game you understand the variables at play
104
and it's not as good as you thought it was
105
but you at least get it and
106
so from there then you can get to achievement
107
which is the fifth step but the thing is is
108
that you have to stay in that third painful place
109
because staying in the pain is what gives you the catalyst to learn how to get out of pain
110
and so rather than trying to pull your parachute it's like i have to trudge through this
111
so that it forces me to learn the individual skills the individual variables
112
that affect this outcome and
113
that means i might have to take 20 more lashings to finally get it
114
and then at that point it starts to tick up
115
and then that's
116
when you start to become more of an expert more of
117
a master at something people make the mistake where we go i don't have time to learn right
118
so i'm I'm going to learn from someone who makes me feel like I can learn it in an hour.
119
Yeah.
120
And then I'm going to do it, which still is uninformed optimism.
121
So how do we learn?
122
Where do we go?
123
How do you build that time to say, how many hours do I need to even learn about this?
124
I'm going to put money in it.
125
How would you calculate that?
126
If someone was like, I'm going to put in a thousand, I'm going to put in a $10,000.
127
How much time should they put to value that amount of money?
128
So great question.
129
I would reframe the premise which would be we'd still be operating under this as I'm going to put money into something.
130
And so I would reject the original premise and say, well, if you want to get really good at something, then why don't we start with skills that generate income? And so
131
if we follow kind of the three elements of a business
132
at its most basic form is you have some element of promotion.
133
So we got to let people know about our stuff.
134
The second element is we got to have a way to convert them.
135
So we have to be able to sell some sort of exchange mechanism.
136
And then finally, we have to deliver, right?
137
So attract, convert, deliver.
138
Very easy.
139
Well, easy to say, harder to do, right?
140
Within each of those things, it's like, okay, well, how do I let people know about my stuff?
141
Or even before that, what stuff do I sell, right?
142
And so that's where I like to think about it as people try to think, man, there's so many people and try to boil the ocean.
143
Like it's impossible to try and like, try and think what business could I possibly start?
144
Because you're trying to address the world when it's much easier to say, what are the problems that exist in my life?
145
And I kind of think of it as the three Ps, like most businesses come out of a passion.
146
So something that you're just inherently interested in.
147
They come out of a profession.
148
So you currently exchange, right now you have a job, whatever it is, and you get paid, maybe not as much as you want, but you do get paid for exchanging some sort of value with the business.
149
And the third is P, which is pain, right?
150
So there's some deep pain that sometimes you went through.
151
So maybe it's a mom who had to figure out how to create non-allergenic food for their kids, right?
152
It'd be something as small as that.
153
And so from those three kind of buckets is, I think, the best starting point for most people who want to start making an income it's like okay well
154
if you're inherently interested in this topic it's like can we make can we let people know about stuff around
155
that topic can we create solutions around that stuff can we create services
156
which is where i prefer most people start
157
which to be fair in the united states 78 of businesses are service-based businesses
158
and i think it's
159
because they're the easiest to start you just trade time for money should you do what you love for money
160
and love what you do i think this is big myth number two So if we have, we start with, you know, passive versus active is big problem.
161
Number one, um, number two is follow your passion.
162
I think the reason that this is so espoused, I'll start where I think the idea comes from and then kind of break down from there.
163
I think it's because most of those commitment speeches are billionaires or very successful people and they say, follow your passion.
164
But if we think through what other advice could they give that would be socially acceptable?
165
They can't say, you know, I got lucky.
166
They can't say, um, I worked, you know, super hard because we were like, sure.
167
And so then it's like, okay, well, they're never going to get attacked for saying, follow your passion.
168
But the problem with that is it also assumes that your passion or your interests will never change.
169
And I mean, anybody who's listening to this, just think about what you were really interested in 10 years ago.
170
It's probably different than it is now.
171
And if you extrapolate that another 10 years, it'll probably be different again. And so
172
if we can think about the hypothetical extreme of a really
173
successful person is someone who sticks with the same thing for an extended period of time, which is something that I believe, because you learn all the lessons you possibly can in a very narrow field, right?
174
And that you basically try and make as many mistakes as you can.
175
And if you basically, you know, pay off all the, all the ignorance that you can, it's like you end up just succeeding by default if you just fail every other way.
176
But if you try and, if you try to do too many things, you never actually get to push the road all the way, you know, trudge through the mud and get there
177
because you're only learning one or two mistakes in many fields and not many in one.
178
And so the follow your passion issue is that, yeah, number one, the passions will change.
179
Number two is that sometimes you're passionate about things that people don't value.
180
And the thing is, there's nothing wrong with that.
181
It's just that it'll be very hard to make an income that way.
182
The third thing is that I think that it creates an emotionality around business or income, which is that the moment it doesn't feel good, that you believe the myth that you should stop.
183
When I think that if you and I were to talk about the business side of anything, there are elements that I love and there are elements that I hate.
184
And I see them as both required.
185
You know, I would love to maximize one versus the other, but it's just the cost of doing business literally.
186
But I try to reframe that pain that comes from doing the things
187
that I don't want to do to do the things
188
that I do want to do as the price tag required to become the person that I want to become.
189
And so if we think about the traits of any person, so it's like, if I want to be patient, then I can't expect things to happen faster, right?
190
Like if we were to go to the end of our lives and say, Hey, I want these character traits.
191
It's like, well, if you had to play a character, you know, in a video game and make them that way, it's like, well, what would you have to put them through in order to get those traits?
192
It's like, well, if you want patience, then you're not going to get things quickly.
193
If you want to have endurance, it's like, you have to be able to tolerate suffering, right?
194
If you, if you want to be wise, it's like, you're going to have to get burnt and you're gonna have to learn the value of judgment.
195
And sometimes that means you're going to get betrayed in order to learn that pattern.
196
And so it's like, we, we lament the price tag for the things that we want.
197
And I think that at least for me, my ultimate long-term goal is just to become the best version of me.
198
And I think that in order for that to happen, I will have to go through pain.
199
And so the follow your passion moniker also creates this emotionality
200
that gets you to quit when you really are on the right path.
201
And this is just part of it.
202
And so I think those are probably the big three
203
that I think about when it comes to why follow your passion doesn't serve most people.
204
My third myth that I would probably to tack onto this as we're building these, is over-belief in idea and under-belief belief in execution yeah
205
so true and so there's two elements to this so one is
206
that i think many people who are you know intimidated to start believe
207
that they have to start the next facebook and you know the zuckerbergs
208
and the basis of the world are
209
so incredibly rare the vast majority of people who got into business have many many failures
210
and many many failures many many failed businesses uh that that led them to
211
fail into success right and so uh one is
212
that the idea has to be this big amazing thing
213
and the second is that you shouldn't
214
that the idea itself is is the success right
215
because they'll share with as many people as they can
216
and they almost scratch the itch of starting
217
when you haven't done anything i say there's basically four steps
218
to starting a business it's like you have to get an llc you take the llc to a bank
219
and then you get a bank account and then you connect
220
that bank account to a payment processor and then you go ask a stranger
221
if you can do something in exchange for money and
222
if you do all four of those things you have a business that's it right
223
and so a lot of people like spend
224
years being like i'm going to start a business one day
225
it's like you can do it tomorrow you literally do all of this tomorrow
226
and then it's like okay well then how do i get
227
the person to exchange money it's like well you reach out
228
to the people you know right you open your phone you
229
look at the 400 contacts you have there you open up
230
your facebook profile you have 300 friends you you look at those friends
231
and then you just say hey you send a personal videos
232
and a personal text
233
and say hey i am starting this thing um this is
234
what we're doing this is what i'm solving uh do you know anybody that's it
235
and so it's not even like you're asking your friends to buy something from you what's interesting though is
236
that 90 of the time the person who responds is oh you know you could do
237
that for me if you want but that just gives you the easiest way
238
that causes zero dollars and because we're all connected with the internet
239
and phones it's like the barrier to entry has never been
240
lower than it is now it's just the problem is that um the barrier to distraction is even lower.
241
For those of you who are like, I don't want to work for free.
242
It's like, you're not working for free.
243
You're earning and then you're, sorry, you're learning and then you're earning.
244
And so we've got to go through the learn phase first.
245
And the best way to do it is people who aren't direct connections of yours, maybe one step, step removed.
246
And then at that point, they're going to give you very real feedback.
247
And if you do a good job, then after a certain point, my goal is to get people to basically shift supply to men in their favor.
248
Like I'd say the two, the two laws of business that I am the most moved by are supply and demand, which is this actually here and then leverage.
249
So that's a fulcrum for leverage.
250
And so I see those are the two biggest forces in business.
251
And so I want to create artificial demand for somebody who's starting out by just saying, we'll do a lot of stuff for free.
252
And then what happens is when you have no more time to give, and if people still want you to do stuff and you say, Hey, I can't take any more people.
253
If you want, you can pay.
254
And if you're like, yeah, that's fine.
255
And then boom, and then you make your first sale.
256
And so, and you'll have confidence because you're like, well, I just did it 20 other times and look at the results from those people.
257
And, and, And the first one you'll be embarrassed about.
258
The 19th one, you're like, wow, you're going to have already paid down 60, 70% of all the mess ups that you were going to do.
259
And then at that point, you're going to start feeling good.
260
And then from there, my way of doing it is just, you just keep bumping the price by 20% every five people until eventually people start to stop saying yes.
261
And then up, we're like, okay, this is the price I can do for now.
262
And that's basically a very seamless transition into how do I go from nothing to making my first dollar?
263
How do you get over the block of, I don't want to work for free?
264
I actually think it's entitlement.
265
I think it's believing that you deserve something for nothing.
266
Like to flip the rules in reverse, imagine somebody comes to you, they've never done anything ever in this particular space.
267
And they say, hey, will you pay me to do this thing?
268
Would you immediately, now maybe some people would be like, sure, then it's a charity thing, which is different.
269
But would you be like, you know what?
270
I really believe that this guy is the best person that I can get this problem solved from.
271
Probably not.
272
And so to carry some of that risk for yourself, you say, I'm going to front this.
273
but if you want to not do it for free, thing number one is that you're getting educated.
274
So like you're getting free education, which I see is absolutely valuable.
275
The second thing is that you can make terms that don't necessarily mean that it's free.
276
Like there's the price and then there's the terms.
277
The terms of the agreement can be, if you do this with me, you have to give me feedback throughout the entire process.
278
And at the end, if I do a good job, you leave a review, right?
279
And on three different formats and leave me a video and leave me a text version of it.
280
That's now absolutely, like i'll say it differently a business owner they do illegally
281
and and so therefore they're very willing to pay people to leave them testimonials and so
282
if you'd be willing to pay 500 to get an amazing testimonial then they're basically you're they've paid you
283
that 500 but i promise you those first 5 10 reviews will make you
284
so much more than they could ever have paid you
285
and not given you a testimonial so if we
286
if we flip it and say hey would you rather get a thousand dollars from this person
287
and have them not leave a review versus free
288
and a glowing review i promise you you will make
289
so much more from one glowing review than you will from
290
the thousand dollars long term you know talking to you today
291
and alex i watch your stuff all the time the thing
292
that's standing out to me is you're super tactical there's all these methods there's all these systems
293
but then when you were talking about your life you were like it's all about who i want to to become.
294
Is there a number that you stop at or is it actually who you want to become that's your North Star?
295
I see entrepreneurship as the single greatest path for personal development because if we define learning as fast feedback loops,
296
there are very few other professions that give you that much feedback, that brutally honest feedback as the market will do.
297
And so at every point where I get stuck in a business, I think to myself, what skill do I lack?
298
And I define everything by skill.
299
So even traits, which is just, you know, a colloquial term, which is really just a bucket of many skills.
300
I just think, okay, well, in order for me to appear confident or be confident, it's really like 38 things that I have to learn.
301
And all of these things, if I break them down easier, I can do them.
302
So it's like, okay, when I shake hands, I make sure that I web the middle of my hand
303
and I squeeze firmly and I look at the person in the eye.
304
It's like, that's thing one.
305
Thing two is that when we're talking like you nod because you've been doing this for so long, but some people who don't know how to have conversations just stand like this, but somebody who's an active listener will nod.
306
They'll say, oh, that's a great point, whatever.
307
And so it's like, that's the second thing.
308
When I walk into a room, I'm going to call people by name.
309
It's a third thing.
310
And so when I try and think about these traits of who I want to become, it's like, can I break these down into actions that I can actually do?
311
And so I think that has been a large part of the growth that I've hopefully been able to achieve.
312
But in terms of the ultimate goal, for me, it's always just been to be useful.
313
And if I think I just do that, then I like that it's such a simplified goal because being useful has,
314
it actually includes multiple parties because you cannot be useful unless there's someone else you're being useful to.
315
And so it gives you something controllable, which is that I have to learn skills so that I can serve someone else.
316
And that is how I can ultimately be useful.
317
And so even when we're, you know, we're making content or whatever it is that we're putting out, I always try to think like, is this useful?
318
Like, can someone actually, will this change someone's behavior?
319
Like, I want to educate.
320
It's like, what is education?
321
It just means same condition, new behavior.
322
So if someone has said their same day over and over again, then they're not learning.
323
So if your day looks the same every single day, you have learned nothing.
324
And so that means that if you listen to this podcast and then nothing changes about behavior as a result, this was just entertainment, not education.
325
What do you think is the number one emotion that people don't know how to control that leads to failure?
326
That is such a good question.
327
Fear.
328
Because I think one of the most, one of the wildest questions that I read that kind of stuck with me was like, what would you do if you weren't afraid?
329
And I think that's just such a powerful question to ask because every person has, the fear is the thing that gives you the hundred reasons.
330
And what's really interesting about this is that we are, our brains are exceptionally good at finding problems, which is why I'm a big fan of inverted thinking.
331
So how can I think about all the ways to kill my business and then do the opposite?
332
Your brain is so much better at spotting problems than spotting opportunities.
333
And so it's like, use that problem finding thing and then just flip it.
334
And it sounds like, oh, well, I would just think of the opportunities that way.
335
It's like, it doesn't actually work.
336
You actually have to think for the threats and then flip them.
337
But- That's genius, I love that.
338
Yeah, that's Charlie Munger.
339
That's, you know, rest in peace.
340
But from a fear perspective, it's, I think it's playing it out.
341
It's like, what am I actually most afraid of?
342
And so fear typically only lives in the vague, not in the specific.
343
We tend to catastrophize to death.
344
So if I make this post and people laugh at me, I'll get shunned and then I'll eventually go alone and then die, right?
345
It's like everything just goes to like death, right?
346
And so playing it out into the specific is like, okay, well, I make this post.
347
Some people will like it and some people won't.
348
And maybe I'll get some negative comments.
349
If I get negative comments, I'll get more reach.
350
So maybe that's not a terrible thing.
351
And then that night I will have dinner, right?
352
And that night I will go to bed, right?
353
And so making it really, really specific.
354
And then just to add one more thing on that, the other really big downside of being human from an opportunity money-making perspective is
355
that we underestimate the upside and we overestimate the downside.
356
And that has been incredibly valuable for us to stay alive and not very valuable for us to make money.
357
And so when you, if you're in the developed world, the absolute worst case scenario is that you still have,
358
I say fortress, you still have a cover and you still have food
359
and you still have air and you still have water because in the developed world, all those things are available to anyone.
360
And so it's like, okay, so the worst case scenario is that I live and I'm completely free and no one bothers me.
361
It's like, you know, that actually sounds not so bad.
362
When you actually play it all the way out.
363
And so I think playing it out and actually really thinking, what would I then do?
364
Well, I'd probably reach out to Sarah and she would let me sleep on her couch.
365
Okay, so, and I would ask her, if you can play it, if you're like, hey, Sarah, if I were to do something and I were to fail, how long would you let me sleep on your couch?
366
She's like, I'd give you six months.
367
And you're like, okay.
368
So it all of a sudden becomes concrete.
369
And I think that starts to really evaporate fear rather than like, oh, I will die.
370
Alex, we end every episode with a final five.
371
These questions get asked to everyone.
372
And so these are your final five.
373
They have to be answered in one word to one sentence maximum.
374
Okay.
375
So question number one, Alex, what is the best advice you've ever heard or received?
376
Do so much work, it would be unreasonable for you not to be successful.
377
Second question, what is the worst advice you've ever heard or received?
378
Follow your passion.
379
Question number three, a piece of advice you wish you received sooner.
380
find people better than you
381
and do whatever you can to get them to help you
382
including helping them first without expectation question number four a lesson
383
that took you far too many times to learn focus one thing all in
384
and fifth and final question we ask this to every guest who's ever been on the show
385
if you could create one law that everyone had to follow what would it be
386
everyone has to give all their wealth away at the end of their life i love that one
387
but not to your kids
388
but not it has to be yeah exactly has to be given away to kids or every
389
or it doesn't matter yeah not to your kids yeah yeah
390
yeah you're saying beyond your kids yeah yeah my friend just told me the other day
391
that his dad just took him out the world
392
and his dad's given all his money away to charity
393
and all the kids are not getting anything he was heartbroken
394
he was like oh god I thought I was gonna pay off the mortgage it's
395
so funny so there's a Sanskrit saying around that, which is, if you have a good son, there's no need to accumulate wealth.
396
If you have a bad son, there's no point to accumulate wealth.
397
And so at the end of the day, that's, I mean, that's my worldview, which is the reason that I want, the reason that I would want the game to be structured
398
so that everybody has to give all their stuff away at the end is
399
because if you look at second and third order consequences of that, the people who are the best allocating, or sorry, aggregating capital, the people who are the best at making money, would be the ones who were also the best at allocating it.
400
And so you'd actually have the best tools and the people who are best skilled to use them.
401
And so if you know you have to give it away, then at some point near the later part of your life, you would stop trying to amass and start trying to, you'd focus on giving.
402
And I think most people who do give get addicted to giving
403
because they realize that actually it fills a hole that the wealth never did.
404
Right.
405
And so what ends up happening though, is that from a societal perspective, is that if all the best allocators of capital then try to solve all the world's problems with the capital they had,
406
so many fewer problems would exist that would, the whole world would get better.
407
The other downstream effect of that is that it would get rid of a huge amount of kind of the cronyism, the nepotism, the things where, you know, these seventh generation massive,
408
you know, wealth, trust fund, you know, kids who like, it doesn't serve the kids either.
409
You look at those families, they're a mess.
410
A lot of pressure.
411
Yeah, on so many reasons.
412
And so I'm a big believer in equal opportunity, not equal outcomes.
413
And so if everybody's slate was clean day one
414
because no one got daddy's inheritance then everyone starts at zero
415
as close as possible obviously genetics you know can can play play a factor there
416
but I think that's as as equal of a start as we can get
417
and then everyone starts at zero and
418
and the ones who super win then turn into super givers and I like that foreign

Download App

Everything you need to speak fluently

AI PronunciationScore every sentence
IPA PracticeMaster every sound
VocabularyBuild your word bank
Vocab GameLearn while playing

Same Channel

FOR YOU

Recommend Video

Why This Video Is Perfect for Speaking Practice

This conversation between Alex Hormozi and the host is a goldmine for English learners. It’s casual yet clear, with natural pacing and real-world vocabulary—exactly the kind of language you’d use in business or everyday discussions. The back-and-forth flow helps you practice listening and responding, while the focus on practical ideas keeps it engaging. Plus, the mix of short questions and longer explanations makes it easy to break down and mimic, which is key for improving your shadowing skills. Whether you’re working on fluency or understanding conversational tone, this clip has you covered.

Breaking Down Natural Speech Patterns

Let’s look at a few lines that sound especially natural and why they work: - “I think they would have clarity on what actions were required to get what they wanted.” The phrase “what actions were required” is a common way to talk about necessary steps, avoiding overly formal words like “requisite.” It’s direct and relatable. - “We got to let people know about the stuff we have, we got to have something to sell.” The contraction “got to” (instead of “have to”) and the word “stuff” make this sound like a real, unscripted conversation. It’s friendly and approachable. - “No one's ever said it that well, like from everyone I've spoken to.” The filler word “like” here is natural in casual speech, showing hesitation or emphasis. It’s not a mistake—it’s how people actually talk! These examples show that perfect grammar isn’t the goal; it’s about sounding authentic.

A Simple Shadowing Routine to Try

Ready to practice? Here’s a quick, effective loop using this video:

  1. Pick a 30-second segment (try the part where they discuss investing vs. active income). Listen once to get the gist.
  2. Play the clip again, pausing after each sentence. Repeat it out loud, focusing on matching the tone and rhythm. Don’t worry about mistakes—just aim for fluency.
  3. Record yourself shadowing the segment. Compare it to the original. Notice where your pace or pronunciation differs—this is how you improve!
  4. Use a shadowing site to track your progress. Many shadow speak tools let you slow down the audio or loop sections, making it easier to mimic natural speech. Over time, you’ll start to “shadowspeak” without even thinking—your brain will learn to process and repeat English faster.
Remember, consistency is key. Even 10 minutes a day with this video will help you sound more confident and natural in English. You’ve got this!

Grammar in this video

The structures the speaker uses most, with the exact words from the video:

StructureIn the video
Conditional sentences if + clause, will/would + verb — a condition and its resultIf I get negative comments, I'll get
Present perfect continuous have/has been + -ing — an action that started earlier and is still going onthat's been tripping · you've been doing
Present perfect have/has + past participle — a past action that still matters nowthat's been · has started · I've spoken
Relative clauses who / which + clause — extra information about a person or thingthing, which is · people who are · create, which is

What is the Shadowing Technique?

Shadowing is a science-backed language learning technique originally developed for professional interpreter training and popularized by polyglot Dr. Alexander Arguelles. The method is simple but powerful: you listen to native English audio and immediately repeat it out loud — like a shadow following the speaker with just a 1–2 second delay. Unlike passive listening or grammar drills, shadowing forces your brain and mouth muscles to simultaneously process and reproduce real speech patterns. Research shows it significantly improves pronunciation accuracy, intonation, rhythm, connected speech, listening comprehension, and speaking fluency — making it one of the most effective methods for IELTS Speaking preparation and real-world English communication.

Shadowing technique: read the full step-by-step guide →