How To Stop Feeling Like Such A Failure | Alex Hormozi

The first step to achieving a massive dream is conquering tiny impulses. It's about recognizing the smaller successes and using them as evidence that you can achieve your goals. By stacking these small victories, you build confidence and create a solid foundation for bigger outcomes.

The challenge of action versus belief is a topic that has been explored extensively. The relationship between confidence and performance is crucial, as improving one's skills directly impacts their success. In the business world, there are often multiple factors at play that can explain success, leading to self-doubt and imposter syndrome. However, when there is undeniable proof of competence in a specific skill set, it becomes clear that imposter syndrome stems from an addiction to feeling like an imposter rather than actual capabilities.

"Just because we're on the investing side, what we found is that there are always reasons to say no to a deal. Even treasuries have risk. The U.S economy could collapse and treasury should be worth nothing." Risk-adjusted return is an important skill for entrepreneurs as it allows them to normalize different opportunities by adjusting their risks. When organizing business opportunities, start with those that require minimal effort and skills, then gradually move towards ones that require more effort but still no new skills.