The Game with Alex Hormozi

Latest Episodes:

Picking Your Niche | Ep 641 Jan 18, 2024

Show notes

You will never make it by taking shortcuts. Today, Alex (@AlexHormozi) highlights the success in improving existing business models rather than pursuing new ones, cautioning against diving into unfamiliar niches. The episode underscores the significance of perseverance, hard work, and mastering various skills for long-term success in entrepreneurship.

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:

(1:20) - The value of doing better, not necessarily new

(4:17) - Reality of building a successful business

(6:45) - Dangers of rushing success

(8:33) - Misconceptions of quick entrepreneurial success

(10:55) - The importance of practical experience over theory

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(This episode is a re-run. Original airdate was on March 15, 2022)

Money Making Advice You Needed to Know Yesterday | Ep 640 Jan 16, 2024

Show notes

“You gotta learn how to sell and you gotta learn how to lead.” Today, Alex (@AlexHormozi) answers your questions and shares valuable insights on building viable and scalable business structures. Topics covered include focus, discipline, problem definition, key business skills, product value, team dynamics, business partnerships, and the use of technology. Strategies for enhancing brand power, attracting quality clients, handling volatile customers, and improving sales close-rates are also discussed.

Timestamps:

(0:48) - How Do I Get Rich AF?

(2:33) - What If You Had To Start Over?

(3:51) - Three Most Important Skills To Develop?

(5:44) - How To Balance Freedom and Discipline

(7:26) - What Advice Would You Give To Your Younger Self?

(8:30) - Best Leila Story

(11:14) - Biggest takeaway from writing $100M Offers + Leads

(13:45) - Do you like book summaries?

(14:26) - Can you scale my business?

(18:08) - Difference between Skills and Meta-skills

(21:47) - How would you fix the education system?

(25:50) - How do you choose what to learn?

(28:04) - Takeaways from Branding Education

(33:54) - Deleting vs. Solving problems

(35:41) - How to price premium services?

(39:36) - What does a great accounting firm look like to you?

(43:14) - How much should I learn before hiring for a role?

(45:30) - How to fix operations?

(47:56) - What should agency owners avoid?

(49:20) - How do agencies become irreplaceable?

(52:52) - How do I deal with a needy client?

(56:29) - How do I stand out?

(58:39) - Should we franchise?

(01:02:59) - Where do you find knowledgeable people?

(01:04:24) - Should we do group selling?

(01:07:20) - How do I build trust in sales?

(01:08:50) - Number 1 Reason Show Up Rates Change

(01:12:29) - How to increase performance of setters and closers

(01:14:43) - How to sell emerging tech

(01:15:26) - What are the best A.I businesses you’ve seen?

(01:19:32) - How to hire a good development team

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Money, Happiness and High Prospects in Entrepreneurship (with Lewis Howes) Pt.1 - Nov. '23 | Ep 639 Jan 13, 2024

Show notes

“The work works on you more than you work on it.” Today, join Alex (@AlexHormozi) as he guests on The School of Greatness Podcast with Lewis Howes to dissect the highs and lows of entrepreneurship, exploring the fallacy of finding the 'right' or 'perfect' business and the reality of failure before success. They delve deep into the implications of wealth, discussing the correlation between wealth and happiness, the pitfalls of abundant wealth, and learning to manage expectations. They also highlight the importance of the journey towards success, the value of self-improvement, patience, focus and possible speedbumps along the way.

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➤ Check out full episode on YouTube!

Timestamps:

(0:28) - The relationship between wealth and happiness

(2:02) - Managing expectations and relationships with wealth

(4:42) - The entrepreneurial journey: starting young

(8:29) - The importance of emotional readiness in wealth creation

(15:34) - The importance of meta skills and starting somewhere

(17:36) - Taking action: the key to getting support and advice

(21:22) - The value of effort over outcome

(25:06) - The power of taking action and the impact of outcomes

(29:03) - Reflecting on personal growth and the importance of hard work

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The #1 Reason Young People Stay Poor | Spotify Video Exclusive Jan 12, 2024

Show notes

“People will respect you because of what you have done, not what you say. “ Today, Alex (@AlexHormozi) emphasizes the importance of prioritizing learning over earning in one's early years. He highlights two contrasting examples of individuals who took different paths, one focusing on learning and the other on earning. He stresses the value of acquiring skills, seeking mentorship, and putting in extra effort to accelerate growth and long-term earning potential.

Timestamps:

(0:06) Learn for sustainable success, not quick money.

(4:14) Hustling earns respect across age and gender.

(5:54) Skills and value compound like Jay-Z's career.

(8:01) Giving up job, starting fitness career from free gym.

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Keys to a Terrible Business Partnership | Ep 638 Jan 11, 2024

Show notes

“An unreliable partner, creates an unreliable relationship, which creates an unreliable business.” Today, Alex (@AlexHormozi) emphasizes the importance of distinctive skill sets, complementary experiences, and aligned values for a prosperous partnership. He addresses common mistakes made during the forming of partnerships, like lacking clear expectations or written agreements, disproportionate effort or shared equity, and misaligned goals.

Timestamps:

(0:35) - The Art of Inverted Thinking

(1:27) - #1-5: Knowledge, time, and money imbalances, no agreements

(5:36) - #6-10: Give away everything, misaligned mission, value, vision

(7:56) - Having resources you don’t have & expectation agreements

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(This episode is a re-run. Original airdate was August 23, 2022)

This is Why You’re Stressed… | Ep 637 Jan 09, 2024

Show notes

“This is what hard feels like… and that’s okay.” Today, Alex (@AlexHormozi) explores the mental struggles faced by entrepreneurs and offers strategies to combat anxiety and sadness. He highlights the importance of reframing reality, making consistent decisions, and navigating complex human relationships in business, while emphasizing the continuous acquisition of knowledge for better decision-making and a better life.

Timestamps:

(1:14) - Dealing with sadness

(2:47) - Discovering options and gaining knowledge

(4:35) - Understanding the impact of emotions

(8:44) - The role of stress in life

(15:10) - The importance of defining terms

(19:16) - Impact of expectations on emotions

(21:50) - The role of challenges in business

(24:28) - The importance of knowledge in business

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How to Multiply Your Success (on The Ed Mylett Show) Pt. 2 - Oct. ‘23 | Ep 636 Jan 06, 2024

Show notes

“Someone will save you, but it's you, future you, the better you. The person that you've been waiting to become.” Today, join Alex (@AlexHormozi) as he guests on The Ed Mylett Show to share his wisdom on how to get more customers, make more money, learn from failures, and understand the key elements of success. He elaborates on how powerful entrepreneurs like Steve Jobs and Elon Musk use these tactics effectively. Additionally, Alex shares the importance of acceptance in personal and professional relationships, his perspective on the concepts of happiness and joy, and explains the key processes for getting leads. This is part 2 of the interview.

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

➤ Check out full episode on YouTube!

Timestamps:

(1:13) - The art of framing in communication

(3:12) - The impact of framing on business reputation

(5:45) - The importance of taking responsibility in entrepreneurship

(8:13) - Role of action in alleviating anxiety

(9:12) - The importance of prioritizing in business success

(20:28) - Power of acceptance in relationship success

(26:43) - Role of joy in entrepreneurial success

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I'm Facing A Billion Dollar Decision | Spotify Video Exclusive Jan 05, 2024

Show notes

"The hardest part about growth is that the better you get, the bigger you get, the bigger the opportunities are, and the better they are." Today, Alex (@AlexHormozi) discusses the challenges of making difficult decisions in entrepreneurship and the importance of committing to a chosen path. He also shares his experience of seeking perspective and making decisions while changing their environment.

Timestamps:

(0:19) - Difficulty of big decisions; importance of changing environment

(2:13) - Challenges of growth; seizing opportunities

(4:43) - Story of speaking at personal trainer conference; providing value

(6:24) - Approach to teaching selling houses; power of using name

(11:25) - Encourages action for personal growth and success

(13:57) - Impact of watching Netflix; taking lower risk paths

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The Biggest Mistakes that Entrepreneurs Make | Ep 635 Jan 04, 2024

Show notes

“The only reason you shouldn't be doing more reps and adding to the bar, adding to the stuff that you sell, is that you literally have no more people to sell to. And until you have that problem, you should focus on the one thing.” Today, Alex (@AlexHormozi) discusses a common mistake that entrepreneurs do when it comes to taking on more opportunities than they can handle, the parallel between lifting weights and doing business, and why focusing on one thing at a time will give you the best results than dipping your feet into many ponds at the same time.

Timestamps:

(1:33) - Gym analogy: understanding business complexity

(3:05) - Pitfalls of over-expansion in business

(4:44) - The solution: Simplifying and focusing

(7:40) - Personal experience and final thoughts

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(This episode is a re-run. Original airdate was September 8, 2022)

8 Lessons I Learned From My Hero | Ep 634 Jan 02, 2024

Show notes

“Rule zero is spend less than you earn.” Today, Alex (@AlexHormozi) pays tribute one of his ultimate heroes, Charlie Munger, through sharing the lessons that greatly helped him in his entrepreneurial journey. He also delves into several concepts such as inverted thinking, lessons about brand importance, unique, expensive, sticky business models managed by an owner, the importance of living within our means, and how simplicity and determination to stay debt free led to Munger’s personal and professional success.

Timestamps:

(1:22) - #1: Inverted thinking can lead to innovative solutions.

(4:02) - #2: Simplicity is key in decision-making and business operations.

(5:34) - #3: Focus on unique, expensive, and sticky businesses.

(7:59) - #4: Know when to say 'enough' and avoid unnecessary complexity.

(9:20) - #5: Brand plays a crucial role in business success.

(11:04) - #6: Live within your means and prioritize financial fundamentals.

(12:47) - #7: Learning from the mistakes of others.

(13:29) - #8: The value of independence over money.

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