42 money rules I've learned from @AlexHormozi to outperform 99% of people in 2023.

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All changes take place in consciousness.

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From 2015 back to the Big Bang, in 12 tweets. Each subsequent timeline contains all the previous timelines. 1/12

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Thank you for reading, I really do appreciate it! A retweet is appreciated. Follow me for more contents like this @pbluetoon I'm sharing my lessons/mistakes i'm constantly facing as a Business Development Executive, Here is an example of content I post. https://t.co/Rb7g0xuHr5

42/ Don't just think about diversification in terms of industry, think in terms of the capital stack. Banks are at the top of the capital stack, a preferred creditor. When the tide goes out , you're the one who gets your money back first.

41/ Peace of mind can be bought & sold. If there's going to be a situation where it's gonna keep you up at night, don't do it.

40/ If you can't afford to lose the money, don't use the money.

39/ FOMO means " Go Slow". The only reason you feel FOMO is because your time horizon is too short. Take a breath, go slow.

38/ Buy for forever. Charlie Munger said " The money isn't made in the buy or the sell, it's made in the wait."

37/ Cashflow is king. Switching your metrics towards what I am saving every month rather than what am I making every month.

36/ Always know how to get your money back. Know EXACTLY how you'd do it, walk me through each of the steps By letting them walk you through steps you'll be able to detect whether they're being serious or not.

35/ Whenever possible, use house money. you're doing it with no chance of losing your principal.

34/ Returns are in the terms. By understanding the terms of the agreement and how many different ways you can make terms, you will be able to make that deal every time and not lose money.

33/ Play one game and play it well.

32/ Diversification is a hedge against ignorance & it's only risky if you don't know what you're doing. You can't get good at anything because you're competing against people who are all in.