Entrepreneur Alex Hormozi, founder of Gym Launch and Acquisition.com, shares his philosophy on wealth accumulation, emphasizing that 'rich people buy time.' He contrasts this with 'poor people buy stuff,' 'ambitious people buy skills,' and 'lazy people buy distraction.' Hormozi, who built a significant empire from a small gym, advocates for acquiring high-ROI skills and leveraging strategies, particularly relevant in today's economic climate, to achieve rapid growth and financial success.