Guys are gonna hear something completely insane. Yes? Okay. You're gonna have to hear it anyways. I was able to take home more in a year than the CEOs of McDonald's, IKEA, Ford, Motorola and Yahoo combined as a kid in his twenties for over half a decade. There you go. Which resulted in $200,000,000 in portfolio revenue as of today. We crossed $100,000,000 by age 33. And to be honest, no one's more surprised than I am about this outcome.

And so me expressing this, will create envy in some people, it will create anger in others, skepticism in most, confusion in old people, and inspire a select few. And so the select few, you are who I'm making this for. Everyone else you can tell, but you are the people that I'm making this for. Let's go back. There we go. So who wants to hear about some stuff that can shortcut their path to material success so they can ponder the purpose of achieving it to begin with? Alright. So we're going to cover 3 things today. This is fresh from this morning, right off the press.

Number 1, how making money really works. Number 2, why new stuff is making you poor. Number 3, why better is the way. You're like, that doesn't make sense yet. It will. Said simply, who wants to make lots of money? Funny thing, what you're watching right now is not my original presentation. I actually changed it at the very last minute the night before. I went out to get dessert.

A bunch of people from the event were in town going to the place that I was by accident. As soon as I left the frozen overland, which is where I was, I was like, the presentation I have for tomorrow isn't what these people need. And so I spent that night and all morning making an entirely new presentation, which is what you are watching. Who believes that you have to work hard to make money? Who believes that no one can outwork them? You're gonna see where I'm gonna go with this. Well, I'm going to attempt to prove you wrong. The reason this is so important is that all of us claim or I have heard who here has seen a guru on the Internet say no one can outwork me? Who has heard people say that on podcast, make Instagram posts about it, whatever? It actually drives me fucking bananas. It drives me bananas because it teaches the wrong lesson. So, how can we claim that we work every day, and yet we can't even define the word? So how do you define work? The science definition is work equals force times distance.

The problem with that is it's not very useful for knowledge workers. Most us are not actually doing manual labor. Not useful. The second way is that you can think about it in terms of inputs of time. Right? Like, is that how hard you work? No one cannot work me, I work longer hours. Do you think you're the only person who works 16, 18 hours every day? Like, go to China. I'm, like, I don't even know if anyone in America can say it. I'm being dead, like, dead serious.

So that's why when I see these things, it just drives me fucking nuts. So the problem with that is that many people work all the hours they're awake. And if you suggest working more hours, then you're sleeping less, and I don't think that's a good idea for knowledge workers. So why can no one outwork you again? Right. So everyone's working those hours. So then the next one is, like, effort. That's how no one can outwork me. No one's gonna try harder than me.

So you want participation trophies. Is this how you want your employees to think that they're working hard? I mean, not me. I wouldn't want that. So if it's not force times distance to define what work is, and if it's not the amount of time we're putting into the work that we do, and it's not the effort that we are expending or how hard we try, then what's work? We have to get clear on it because if that's what we have to do to make money, we gotta know what we're actually trying to fucking do. So here's Alex's definition. Work equals outputs. Fancy image. Outputs equal volume times leverage.

In plain speak, number of times you do something times how much you get out of each time you do it. How do we work faster? Work rate equals that same thing divided by time. Plain speak, output per minute of time. That is how you work faster, which means that the hardest working man in the world can be objectively measured. That guy is the hardest guy working in the world. In 2022, he added $140,000,000,000 net worth. For context, that's more than Bill Gates did his entire career in 1 year. Think about that for a second.