Summary of "6 Steps to the First 3 Million" (based on the Alex Hormozi concept

Summary of "6 Steps to the First 3 Million" (based on the Alex Hormozi concept)

The first 3 million = the stage where you start to fall out of survival mode, the monthly worries lighten, the decision to start "getting longer," not just "Will tomorrow be enough?"

1) Cut All Costs - Cut All Costs Unnecessary

The goal is to maximize the "money left" to invest in income (not just to keep).

How to make it (systematic):

• Separate costs into 3 stacks

1. Essential to Survival (Rent / Basic Food / Travel)

2. Essential to Work / Income (Internet / Device)

3. Extravagant / for image (eat at will / new / lifestyle)

• Always cut pile 3 "and reduce pile 1 to" minimum address. "

• Set rules: Every cut baht = money to buy time + buy skills

2) Save Time Reclaims "Time"

The goal: Take back the time to "do something that makes money" and "build a system."

Because time is the resource that turns into money the fastest.

Quit Activities That Lose Time But Don't Increase Income: Mobile Ploughing, Watch Long Series, Undeveloped Society

1. Make 2 "Gold Timetable"

• Before the event (e.g. 05: 00-09: 00)

• After the event (e.g. 17: 00-21: 00)

2. The recipe he likes to use: 4-4-4

• 4 Hours Sale / Promotion (Revenue)

• 4 Hours Delivery / Service Delivery

• 4 Hours Building Systems

3) Research Skills find "skills that the market actually pays for."

Target: Pick a field where "people are already paying for money," not one we thought would be able to sell.

Hormozi's conceptual framework:

• Don't guess. See "Who pays what?"

• Who are the groups with big problems and pay to solve them immediately?

• Where is his channel? (FB / IG / Tikis / LinkedIn / YouTube)

• Select "skills connected to money," such as

• Sales

• Content / Marketing

• Closing of deals / negotiations

• Offering

• Delivery

Focus rules:

1 Service / Product + 1 Customer Group + 1 Channel

Make it "tight" before gradually expanding.

4) Spend Time Learning Learning with Action (Iterations)

Goals: From "know" → "can" → "consistently can"

Hormozi emphasizes that excellence comes from the number of training cycles, not just class hours.

Conceptual framework:

• Select 1 main skill and repeat the "number of rounds."

• Example: Practice selling 10 strings a day → 300 strings / month

• Write 1 piece of content per day → 30 pieces / month

• Analyze 10% of talents:

• How did he say / propose / shut down?

• How did he follow-up?

• What does he repeat every day?

5) Spend Money in the Right Places Spend Money in the Right Place

Target: Buy "speed" and "reduce the wrong try."

Not buying to comfort yourself that it's developing.

Should be invested with:

• Software / Automation

• Mentor / Tutor / Coach

• Course that allows "immediate action" and a measurement system

A simple way of thinking:

• If you pay and make you "earn money faster" or "reduce your time" = worth it

• If you can afford only inspiration = not worth it

6) Do Not Increase Your Lifestyle - Do Not Upgrade Lifestyle

Target: Accumulate capital to grow faster than expenditure.

Hormozi clearly said, "Rich is money collected, not money shown."

Conceptual framework:

• Set rules: Income increases. "Do not" increase costs immediately.

• Surplus money always goes 3 places first.

1.Reserves / risk transfers (break-proof)

2. Invest in skills / systems (increase income)

3.Invest / Expansion (Scale Expansion)

The first 3 million = the "freedom of thought" phase.

Because when you have a certain level of reserves, you don't make decisions out of fear.

And start making long-term games.

Kawinaorn P. (Pan)

AFPT Financial Adviser ™

📮 Consult 1: 1 Financial Planning

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