The Game with Alex Hormozi

Latest Episodes:

The Single Hardest Entrepreneurial Habit | Ep 658 Feb 26, 2024

Show notes

“You can't have any kind of habitual habits or output if the one thing that starts or ends your day is variable.” Today, Alex (@AlexHormozi) emphasizes the importance of maintaining a stable sleep routine for entrepreneurs to optimize their energy levels, make better judgments, and increase productivity. Despite the personal sacrifices and trade-offs involved, developing habits that ensure restful sleep and consistent patterns can lead to long-term success. This episode encourages entrepreneurs to prioritize sleep as an effective and underrated secret to achieving success in their endeavors.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(1:00) - The role of energy in entrepreneurship

(2:59) - The consequences of neglecting sleep

(3:40) - The power of consistent sleep schedules

(5:36) - The trade-offs of prioritizing sleep

(6:49) - The impact of sleep on success

(8:12) - The struggles and rewards of discipline

(10:19) - The power of trade-offs

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(This episode is a re-run. Original airdate was August 21, 2020)

Controversial Truths You Need To Hear Pt.2 (on the Modern Wisdom Podcast) | Ep 657 Feb 23, 2024

Show notes

“I would rather be somebody who has absolute power and have nothing to show for it.” Today, join Alex (@AlexHormozi) as he guests on the Modern Wisdom Podcast with Chris Williamson to talk about how to optimize productivity, the role failure plays, and how to eliminate a victim mindset. He further delves into the concept of the 'Zygonic Effect', aligning work with personal desires, defining 'learning' and 'intelligence', and warns against not evolving our strategies under similar conditions. This is part 2 of the interview.

Follow Chris Williamson on:

➤ Instagram | Spotify | Apple | LinkedIn | X / Twitter

➤ Check out full episode on YouTube!

Timestamps:

(1:15) - The double-edged sword of fame

(6:22) - The role of hatred in success

(13:23) - Self-love and holding yourself to a higher standard

(27:46) - The power of authenticity and originality

(41:34) - The power of positive mindset and self-belief

(48:59) - The struggles Alex faced in the beginning of his journey

(59:19) - The importance of doing boring work

(1:12:47) - The power of acceptance and moving on

(1:26:33) - The importance of learning and doing

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My Framework to Grow ANY Local Business | Spotify Video Exclusive Feb 22, 2024

Show notes

Grab the free checklist here: https://www.acquisition.com/business-checklist

“You have to switch from your business hat to your investor hat.” Today, Alex (@AlexHormozi) discusses the four main considerations for business owners when deciding between franchising and private ownership. He explores factors such as cost versus return, effort required, scale of operation, and entrepreneur's personality, emphasizing the importance of adopting an investor mindset. The episode also highlights the goal of building a sellable asset and provides specific examples from a teeth-whitening business.

Timestamps:

(1:28) - Understanding business metrics

(2:36) - Franchise economics: a closer look

(3:20) - The role of effort in opening locations

(4:51) - The impact of business model on exit strategy

(5:38) - The influence of entrepreneurial personality

(6:03) - Addressing business deficiencies

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7 Business Concepts You've Never Heard of (But Will Make You LOTS of Money) | Ep 656 Feb 21, 2024

Show notes

(Watch the YouTube video of this episode HERE)

“This becomes a business that you can scale endlessly and becomes an incredibly attractive business.” Today, Alex (@AlexHormozi) explores seven essential investing concepts that drive business growth and financial success. Through real-life examples, Alex simplifies complex financial metrics, including Lifetime Gross Profit, Customer Acquisition Cost, Return on Invested Capital, Payback Period, and Total Adjustable Market. Gain valuable insights on measuring and interpreting these indicators to make informed investment decisions, while also understanding the importance of these concepts for business scaling and risk management.

Timestamps:

(0:48) - Concept #1: LTGP:CAC

(1:47) - Concept #2: LTGP (Life Time Gross Profit)

(8:18) - Concept #3: CAC (Customer Acquisition Cost)

(11:13) - Concept #4: ROIC (Return On Invested Capital)

(15:54) - Concept #5: Payback Period

(19:03) - Concept #6: Sales Velocity x LTGP

(21:14) - Concept #7: Sales Velocity / Churn

(23:22) - Concept #8: Total Adjustable Market (TAM)

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The Reason You're Not Successful | Ep 655 Feb 19, 2024

Show notes

“A lot of times you got to do a lot more in the beginning to get the ball rolling.” Today, Alex (@AlexHormozi) explores the interplay of volume, skill, and time in business, highlighting how they mutually reinforce each other to yield greater outcomes. Emphasizing the significance of hard work and persistence, he shares personal anecdotes to underscore the importance of investing more effort and time in business activities, which not only boosts immediate output but also enhances skill development for long-term compounded success.

Timestamps:

(0:51) - The importance of doing the boring work

(2:13) - The four key activities for business growth

(8:49) - The impact of quality and quantity

(10:59) - The effort-outcome relationship

(12:22) - The true meaning of work

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(This episode is a re-run. Original airdate was on July 19, 2022)

Controversial Truths You Need To Hear - Pt.1 (on the Modern Wisdom Podcast) | Ep 654 Feb 16, 2024

Show notes

“If I were to make that man, what would I put that man through to make him who he is?” Today, join Alex (@AlexHormozi) as he guests on the Modern Wisdom Podcast with Chris Williamson to talk about the interconnected topics of decision making, personal success, happiness, and mindfulness. The discussion explores coping mechanisms, challenges societal norms, and emphasizes finding satisfaction in the journey towards goals. With personal narratives and insights, the episode highlights the importance of embracing the present, finding joy in everyday moments, and breaking free from societal pressures. This is part 1 of the interview.

Follow Chris Williamson on:

➤ Instagram | Spotify | Apple | LinkedIn | X / Twitter

➤ Check out full episode on YouTube!

Timestamps:

(0:30) - Facing mortality and living authentically

(6:00) - Overcoming fear and taking action

(11:56) - The impact of unmade decisions

(20:21) - The importance of understanding and forgiveness

(27:16) - The fear of failure and the power of trying

(31:21) - The power of perspective and choosing your regrets

(37:41) - Living authentically and leaving everything on the field

(44:26) - The importance of consistency

(50:41) - The power of resilience

(57:54) - The importance of self-reflection

(01:03:02) - The impact of personal growth

(01:15:14) - The power of mindfulness

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I Helped 6 Business Owners Overcome Their Fear of Failure | Ep 653 Feb 14, 2024

Show notes

“It's not about how hard you can hit, but it's about how hard you can get hit and keep going forward.” Today, Alex (@AlexHormozi) answers questions of entrepreneurs as they share their personal experiences, obstacles, and solutions faced in their respective entrepreneurial journeys. Key topics include dealing with the fear of failure, handling self-doubt, managing transition from in-person to online services, and coping with the loneliness that often accompanies success.

Timestamps:

(0:30) - Overcoming fear and analysis paralysis in self-publishing

(6:11) - Dealing with personal loss and maintaining composure

(12:44) - Navigating business challenges and making impactful decisions

(19:22) - Starting a business with a grand vision & the importance of starting small

(23:40) - Enduring the loneliness of success

(29:34) - Struggling to return to a 9-5 job

(32:49) - The power of promotion in entrepreneurship

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Selecting Exceptional Salespeople | Ep 652 Feb 12, 2024

Show notes

“The best salespeople are born in my opinion, not made.” Today, Alex (@AlexHormozi) shares his approach to hiring exceptional salespeople and building high-performing sales teams. Emphasizing the importance of innate traits, he highlights the need for effective recruitment strategies such as hiring from similar companies or thorough candidate interviews.

Timestamps:

(1:08) - Recognizing talent and building sales teams

(2:44) - The role of training in sales

(7:21) - The importance of selection in sales

(7:51) - The cost of finding vs training salespeople

(10:14) - The impact of sales on business culture

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(This episode is a re-run. Original airdate was May 24, 2022)

I Interviewed the President of Shopify | Ep 651 Feb 09, 2024

Show notes

Get an inside look at Shopify's exponential growth and its impact on the e-commerce industry! Today, Alex (@AlexHormozi) is joined by Shopify’s President, Harley Finkelstein, as he dives deep into the philosophy and operation of the company, learning how the platform has become a cornerstone for modern entrepreneurs. He reveals the key factors behind Shopify's user-friendly design, robust support system, and its vision for the future of commerce. The conversation also highlights the role of innovation and customer focus in driving business growth.

Timestamps:

(0:00) - Introduction and the excitement of entrepreneurship

(3:01) - Journey from zero to hero

(5:56) - Entrepreneurship and the t-shirt business

(8:47) - Starting my own DJ business

(11:47) - Starting a snowboard shop

(14:47) - Starting a business by solving your own problem

(17:27) - Increasing your luck surface area

(20:19) - The lowest cost of failure in starting a business

(23:28) - Shifting towards business owners

(26:36) - Focusing on SMBs and e-commerce

(29:41) - Key business principles

(32:55) - Building a long-term business with patience and generosity

(36:03) - The Build the Business competition and its impact on growth

(38:55) - Scaling and growth strategies on Shopify

(41:44) - Finding the perfect fit for your product

(44:31) - Authentic sponsorships and growth strategies

(47:30) - Building partnerships for business growth

(50:21) - Creating your own affiliate program

(53:02) - Making partners rich

(56:10) - Building generational wealth through sharing

(59:02) - The power of vulnerability

(1:02:11) - Shopify's founders mentality

(1:05:26) - The importance of employee tracks and transparency in communication

(1:08:19) - The importance of specialization and teamwork

(1:11:07) - Importance of micromanagement as a leader

(1:13:49) - Alignment and disagreement in Shopify

(1:16:53) - The changing landscape of retail

(1:20:03) - Authenticity and being yourself

(1:22:51) - Authenticity and connecting with others in entrepreneurship

(1:25:38) - Find your passion and solve a problem

(1:28:35) - A fun and valuable conversation with Alex

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“I'm Broke, What Should I Sell?” | Spotify Video Exclusive Feb 08, 2024

Show notes

“How can I enhance or make it more or less valuable or more or less profitable for me as a business owner?" Today (@AlexHormozi) discusses the different categories of products and services that can be sold, as well as the factors to consider when choosing what to sell. He also introduces the concept of the "delivery cube" and how it can enhance the value and scalability of a business.

Timestamps:

(0:00) - Introduction to entrepreneurship (0:12) - Understanding what can be sold (0:31) - Exploring the delivery cube (0:33) - Categories of things you can sell (2:49) - Choosing what to sell based on your skills and experience (4:19) - Understanding the delivery cube in detail (6:50) - The 10x to 1/10th test (7:51) - Conclusion and further learning

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