Reflecting on Alex Hormozi's insights regarding the importance of real-world experience alongside formal education, consider the intersection of theory and practice within the scope of an MBA program. What strategies might you apply to enrich your MBA with practical experiences, ensuring a holistic understanding of business? Share your approach in the comments, aiming for a succinct response of 25 to 100 words. Engage further by replying to 2 peer comments and liking 3 comments that provide new perspectives. Link to Course Module: https://www.skool.com/acquisitionuniversity-6827/classroom/0ffa5755?md=a46d9e3e994441a8a9c2ab6254689146

As your business starts generating six figures, your tax obligations increase. Many entrepreneurs don't realize that tax planning is not just about minimizing what you owe at the end of the year—it's a smart strategy for scaling and protecting your wealth. 3 reasons why every successful entrepreneur needs to prioritize tax strategy: 1. Increased Revenue = Increased Tax Liability Without a tax plan in place, a significant chunk of your revenue can be lost to taxes. If you don't speak tax strategy, you need help to legally reduce your liability. 2. Maximizing Deductions and Credits There are countless deductions and credits available to entrepreneurs. But many high-income entrepreneurs miss these opportunities simply because they don’t know about them. 3. Future-Proofing Your Wealth As you scale, you want to ensure your business is financially sustainable. This includes succession planning, preparing for changes in tax laws, and protecting your wealth for future generations. Tax planning can help you build a legacy while keeping your financial foundation strong. Take away: Stop thinking of taxes as just a year-end obligation and start leveraging them as a growth tool.

Yes. Finally, after probably months of "Outreach", met a guy from Poland via LinkedIn, chatted, hopped on a call, and edited workout videos for him. He agreed to pay $5 per vid, which is fine by me. Received my first paycheck today. I was literally on the verge of giving up and accepting that this online thing is crap and there's no light at the end of the tunnel. Special thanks to @Alexi Drouin @Boniface G- Michael and the other group members who kept my motivation high when I was just not feeling like it. However, I didn't make thousands of dollars or anything. What I am making is actually nothing of that big either. I'm just saying, I reached to level 2 (making money, even if it's a dime) from level 1(unemployed broke ass) It's 1 step at a time. Hope that my way to 4 figure isn't that far away. Let's see what the future holds!

Drawing from Alex Hormozi's blueprint for becoming a millionaire, concentrating on one product can simplify your business strategy and help you excel. In Hormozi's view, simplifying your offer to one product for one market makes your marketing and operations more efficient. How would choosing one core product to focus on impact your business strategy and growth? Share your thoughts in a brief 25 to 100 word response below. Contribute to our learning community by replying to 2 other comments and show appreciation by liking 3 comments that you find insightful. Link to Course Module: https://www.skool.com/acquisitionuniversity-6827/classroom/1afdb531?md=3525227ce09b4b909004ba3ca2149476

Alex Hormozi lost $500,000 in crypto after investing at a peak price. He warns against following trends and stresses understanding one's "sphere of confidence."