Key insights

• ⭐ Lea Horos went from being a broke personal trainer to the CEO of a multi-hundred million dollar company in less than a decade
• 💡 The importance of ignoring advice from broke people as it may hinder success and growth
• 👥 Surrounding oneself with people who have what one wants to achieve in terms of wealth, relationships, and ambition
• 💰 Money loves speed, and wealth loves time power
• 🌱 Frugality drives innovation and the best solutions are often the simplest
• 🎯 Making logical, non-emotional decisions around money and picking the right market for financial success
• 🛠️ Money is a tool that should be used to create more value and achieve dreams
• 📊 Consistently measuring your money can lead to improvement, monitor income, buy for now and later, avoid short-term money decisions

Q&A

• What are the tips for handling money and making sound financial decisions?

  Consistently measuring money leads to improvement without changing diet or exercise, monitoring income and expenses is essential for financial success. Buying for now and later, thinking about short and long-term benefits, and avoiding short-term money decisions and liabilities are also crucial.

• How does Lea Horos define the role of money and its usage?

  Lea Horos believes that money is a tool that requires understanding its value and purpose. Making money is not solely based on intelligence, and money should be used to create more value and achieve dreams. Measuring and tracking money leads to financial success.

• What are the crucial aspects for making logical money decisions?

  The wealthiest people resist pressures to make quick financial decisions, make decisions based on values and principles rather than fear, master emotions around money, understand that money is a game with its own rules, and pick the right market for maximizing opportunities.

• What are the key principles Lea Horos emphasizes for financial success?

  Lea Horos emphasizes that making money requires speed and power, while accumulating wealth demands patience and time. Money goes where attention flows, and attention on revenue generation yields higher returns. Frugality drives innovation, and cost cutting is less effective. She also stresses the importance of having an 'oh' fund for better financial decisions and avoiding rushing into money decisions.

• Who is Lea Horos and what is her journey?

  Lea Horos is someone who went from being a broke personal trainer to the CEO of a multi-hundred million dollar company in less than a decade. She emphasizes the need to ignore advice from broke people as it may hinder success and growth. Lea highlights the importance of surrounding oneself with people who have what one wants to achieve in terms of wealth, relationships, and ambition.

• 00:00 Lea Horos shares her journey from being broke to becoming the CEO of a multi-hundred million dollar company, emphasizing the importance of ignoring advice from broke people and understanding that money loves speed and wealth loves time power.
• 06:11 Making money requires speed and power, while accumulating wealth demands patience and time. Money goes where attention flows. Frugality drives innovation. Attention on revenue generation yields higher returns. Cost cutting is less effective.
• 12:30 Frugality drives innovation and the best solutions are often the simplest. Having an 'oh' fund helps make better financial decisions. Rushing into money decisions usually leads to negative outcomes.
• 18:36 Making logical, non-emotional decisions around money, understanding that money is a game, and realizing the importance of picking the right market are crucial for financial success.
• 24:39 Money is a tool that requires understanding its value and purpose. Making money is not solely based on intelligence. Money should be used to create more value and achieve dreams. Measuring and tracking money leads to financial success.
• 30:21 Consistently measuring your money can lead to improvement, monitor income, buy for now and later, avoid short-term money decisions.