The Game with Alex Hormozi

Latest Episodes:

How I was voted president of my fraternity, Inner Circle member of the year out of 100+ high level marketers, and never had any trainer leave and try and steal clients... | Ep 57 May 21, 2018

Show notes

“The reality is that if you give first, you're the one who always wins." Today, Alex (@AlexHormozi) discusses the importance of giving in interpersonal exchanges. He emphasizes that giving more than taking or matching can lead to success in personal and business relationships.

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:

(0:53) - Successful givers trust with caution.

(2:48) - Giving creates positive impressions.

(7:38) - Giving first gains influence and leverage.

(7:52) - Giving more leads to long-term success.

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What to do when someone BASHES you...(Ex-clients, competition, whatever...) Out-SELL. Out-SERVE. Out-GROW. 😡 AND let it make you money. | Ep 56 May 18, 2018

Show notes

"And the only thing to fight that emotionally is just go all in on your customers and continue to look at their problems, not your own." Today, Alex (@AlexHormozi) discusses how to handle criticism and negativity from others when you are successful in your field. He emphasizes the value of focusing on your customers and solving their problems rather than getting caught up in the criticisms of others.

Timestamps:

(0:16) - Expect bashing. Stay focused, respond wisely.

(0:59) - Don't worry if bashing is from underdeliverers.

(3:42) - Don't get butt hurt. Focus on customers.

(5:52) - Stay focused on customers. Bashers are jealous.

(7:42) - Ignore bashers. Care for customers. Show social proof.

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MY $250k MISTAKE (and how to avoid it) 💵🔥💵🔥(ALL GYMS WHO WORK WITH US PLZZ LISTEN) ...and the ONLY strategic advantage a microgym has in the marketplace to command premium prices... | Ep 55 May 17, 2018

Show notes

"Like every time you don't take money outta your business, you're doubling down." Today, Alex (@AlexHormozi) discusses the mistake of expanding a business too soon and spending money on unnecessary equipment instead of focusing on customer service. He advises gym owners to prioritize stacking cash and increasing profit margins before considering opening a second location.

Timestamps:

(1:55) - Advantage: high-quality customer service and experience.

(4:14) - Learn from mistakes, avoid financial pitfalls.

(5:11) - Keep making money, stack cash.

(6:44) - Take home profits before second location.

(8:14) - Focus on net worth, not multiple locations.

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How Kemp Knott changed my life forever (and taught me humility).. | Ep 54 May 16, 2018

Show notes

"That's not what the market thinks. That's not what reality thinks." Today, Alex (@AlexHormozi) shares a personal story about his high school experience and how it taught him the importance of hard work over talent. He encourages listeners to embrace the same mindset and work harder to achieve their goals rather than relying solely on natural abilities.

Timestamps:

(1:00) - Kemp's struggles and value of hard work

(3:32) - Talent alone doesn't guarantee success

(5:59) - Humbling ourselves and learning from failures

(6:39) - Recognizing untapped potential in talented team members

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HOW TO RIP MONEY FROM THE HANDS OF BROKE PEOPLE... 🔥🔥🔥🔥🔥🔥🔥🔥 | Ep 53 May 15, 2018

Show notes

"Broke people are the easiest to take money from because they don't have good mindsets around money." Today, Alex (@AlexHormozi) discusses how to sell to "broke" people by adopting the belief that they are bad at managing their money and need help improving their lives through fitness and discipline. He also emphasizes the importance of not offering payment plans and avoiding down selling, as well as believing in the value of one's product or service.

Timestamps:

(0:39) - Broke people are easier to sell to.

(2:36) - Payment plans hurt sales.

(4:19) - Avoid offering lower-priced alternatives.

(5:47) - Believe in customer improvement, exploit poor money management.

(6:44) - Gym trainers spend money on priorities, customers can too.

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REVERSE RISK AND MAKE MORE MONEY---MY FAVORITE CLOSE.🔥🔥🔥🔥🔥 "The Best Case/Worst Case" Close It's made me a ton of sales AND helped a lot of people take the next step... | Ep 52 May 11, 2018

Show notes

"Best case scenario, we change your life forever.” Today, Alex (@AlexHormozi) discusses his most frequently used sales close, the Best Case/Worst Case Close. He emphasizes the importance of having a satisfaction guarantee when selling products and services, and how it can help businesses make more money and help more people.

Timestamps:

(0:41) - Best case: amazing shape, inspire family, new clothes.

(2:52) - Overcome fears and doubts with Best/Worst case close.

(3:43) - Two refunds out of hundreds with 100% satisfaction guarantee.

(5:06) - Use risk reversal and satisfaction guarantee to boost sales.

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Three stories that will make you NO MONEY, but may improve the quality of your life❤️. "To understand is to forgive" ❤️- Pascal | Ep 51 May 10, 2018

Show notes

"To understand is to forgive." Today, Alex (@AlexHormozi) discusses the importance of understanding and forgiving those who have wronged us, using personal anecdotes to illustrate his point.

Timestamps:

(0:41) - Betrayal taught life lessons.

(1:32) - Ego flares but empathy forgives.

(4:29) - Empathy defuses anger towards trainer.

(7:07) - Understanding others avoids lashing out.

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Money is fickle...it FLOWS only to the people who pay the most ATTENTION to it... | Ep 50 May 09, 2018

Show notes

"Money will pay attention back." Today, Alex (@AlexHormozi) discusses the importance of paying attention to money in order to build wealth and grow a successful business, emphasizing the need for budgeting and knowing key financial metrics. He also suggests that money has energy and will only stick to those who pay it the most attention.

Timestamps:

(1:15) - Money flows, but sticks to landlords.

(2:53) - Attention is an asset. Pay attention to money.

(4:17) - Understand business numbers. Pay attention for financial success.

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Your work works on you more than you work on it... How your biggest challenges build your greatest strengths. Ryan McCarthy this one is for you. And why I started my first gym in Southern California | Ep 49 May 08, 2018

Show notes

"If I'm gonna be the best, then I have to do it in the hardest place to go." Today, Alex (@AlexHormozi) discusses the benefits of working through hardships and how they can lead to building valuable skills and expertise. He emphasizes the importance of perseverance and the idea that all labor brings profit, even if it doesn't come in the form of immediate success.

Timestamps:

(0:52) - Hard work, experience enhance lead generation in tough markets.

(2:35) - Embrace hardship for strength and skill development.

(2:59) - Confronting challenges in tough markets leads to growth.

(4:23) - Overcoming hardships leads to success, skill development, growth.

(4:45) - Improve skills, breakthroughs will follow. Keep working, improving.

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“This is what hard feels like...” 🔥🔥🔥🔥 a lesson that impacted my life early on. | Ep 48 May 07, 2018

Show notes

"I have this fundamental belief that people don't try hard." Today, Alex (@AlexHormozi) shares a personal story about how joining a fraternity in college helped him understand the value of hard work and persistence. He also discusses the importance of trying hard in business and not giving up when faced with challenges.

Timestamps:

(0:37) - Pledging process: education, indoctrination, bonding with members.

(5:23) - Entrepreneurs expect easy success, struggle with challenges.

(6:38) - Hard work required for success despite difficulties.

(9:30) - Most businesses fail due to incompetence and lack of effort.

(10:36) - Many struggle, not enough effort to succeed.

(13:52) - Innovation from trying and testing, not just theorizing.

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