The Game with Alex Hormozi

Latest Episodes:

The Value of Experience in Entrepreneurship | Ep 540 May 23, 2023

Show notes

“Figure out the person you can provide the absolute most value to.” Today, Alex (@AlexHormozi) shares with us the seven things that entrepreneurs can sell, both in physical and digital formats. He also shares his framework for choosing a product or service to sell, as well as his approach to scaling and making it profitable.

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:

(0:56) - Types of services and products in physical and digital worlds

(4:24) - Choosing which one to sell

(7:28) - Transferable skills and experiences for career development

(12:19) - The Delivery Cube Framework

(15:35) - Maximizing value in product sales

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Why Brand is the Biggest Risk in Investing (on Don’t Be Sour) Pt. 1 - Feb. ‘23 | Ep 539 May 20, 2023

Show notes

"Strategic buyers tend to buy businesses for more than financial buyers do." Today, join Alex (@AlexHormozi) as he guests on Don’t Be Sour to talk about his background in building and investing in businesses, the importance of understanding a company's value, the risks associated with investing in a brand, and the variables that go into valuing a business. He also emphasizes the need for multiple sources of acquisition and unique mechanisms to give competitive advantages. This is part 1 of the interview.

Check out the episode on Don't Be Sour's YouTube Channel!

Timestamps:

(6:07) - Acquisition.com and minority investments

(17:36) - Raising money in business

(24:10) - Acquisition and building a personal brand

(30:24) - Content creation and online fame

(39:13) - The issues with alternative education

(45:03) - The value of accountability in business

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Don't Keep Starting From Scratch | Ep 538 May 18, 2023

Show notes

Match the market, not beat it… then you become rich. Today, Alex (@AlexHormozi) talks about why we shouldn’t keep starting from scratch in business, why growth doesn’t always mean “new”, and how creating constraints can make it even more interesting.

Timestamps:

(1:44) - Rethink growth as developing character traits to persist.

(4:07) - Match market, create new ends, and understand constraints.

(8:32) - Adding constraints makes goals more interesting, learn to sacrifice.

(10:20) - Saw success when learned to sacrifice.

(12:00) - Learn to sacrifice first to learn how not to later.

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(This episode is a re-run. Original airdate was September 7, 2021)

The Only Meals You Need to Change Your Life | Ep 537 May 16, 2023

Show notes

A diet should be sustainable and easy for you to follow. Today, Alex (@AlexHormozi) shares his personal experience and a five-step process for maintaining a lean physique without feeling like he is dieting. He emphasizes the importance of finding a sustainable eating plan that works for the individual in the long term.

Timestamps:

(2:07) - Figure out your goal: gain or lose weight.

(6:32) - Change 5-10 meals to change your appearance.

(9:39) - Follow a 5-step process for your meals.

(12:19) - Try something new if your current plan isn't working.

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Why Selling Wasn't Always Second Nature (with Ali Abdaal) Pt.2 - Oct, ‘22 | Ep 536 May 13, 2023

Show notes

"Find out what the price is and just be willing to pay that price.” Today, join Alex (@AlexHormozi) as he guests on Ali Abdaal’s show to talk about his experience of starting a gym, learning how to sell, and explains how he developed his selling skills through trial and error, as well as investing in a one-on-one course to learn how to run Facebook ads. He also discusses his decision to quit his job and pursue entrepreneurship, despite familial and societal pressure to pursue a more traditional career path. This is part 2 of the interview.

Check out the episode on Ali Abdaal’s YouTube Channel!

Timestamps:

(1:39) - Using Sales to Fund a Gym Startup

(6:58) - Value of Investing in Sales Training & Ads

(16:58) - Exploring Benefits of Running a Multi-Million Dollar Gym

(23:32) - Balance Between Financial Freedom and Personal Fulfillment

(31:13) - Discussion on Content Production Costs and Subscriber Revenue

(38:32) - The Price of Achieving a Six Pack: Motivation, Accountability

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I Was Wrong About Mentorship | Spotify Video Exclusive May 12, 2023

Show notes

"Successful mentors are those who help their students surpass them and ultimately make the world a better place." Today, Alex (@AlexHormozi) shares with us the importance of mentorship and how it is necessary to honor and respect the mentors who have helped us along the way. It emphasizes the idea that successful mentors are those who help their students surpass them and ultimately make the world a better place.

Timestamps:

(1:02) - Accept that you'll die and be remembered for helping.

(2:18) - Mentors: stop holding back; mentees: respect your mentors.

(3:37) - Story of Warren Buffet and his mentor, Paul Graham.

(4:51) - If mentees don't surpass mentors, mentors are bad teachers.

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My Process For Making Huge Decisions | Ep 535 May 11, 2023

Show notes

Mistakes love rushed decisions. Today, Alex (@AlexHormozi) talks about his decision-making framework process, how rational decisions are incredibly convenient, and how each decision we make affects almost every aspect of our lives.

Timestamps:

(3:06) - Brain chemistry affects decisions; we are emotional decision-makers.

(4:16) - Fight confirmation and conviction biases.

(6:17) - Rest and eat before making decisions.

(7:55) - Get space from day-to-day activities.

(8:55) - Make rational decisions by not caring about the outcome.

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(This episode is a re-run. Original airdate was December 9, 2021)

Why Not All Friends Want the Best for You | Ep 534 May 09, 2023

Show notes

"People don't actually want the best for you. They want the version of you that best serves them." Today, Alex (@AlexHormozi) shares with us the challenges of pursuing one's dreams and goals while dealing with unsupportive friends. He shares his views on friendship and how it's important to surround oneself with people who believe in one's future self and that not all friends want the best for you.

Timestamps:

(1:45) - Friendship is not a binary term

(5:41) - People project their idea of friendship onto us

(7:51) - 2 perspectives on burning bridges

(11:11) - Prioritize treating the other person as human

(13:55) - Learn to enjoy being alone and add value to others

(17:21) - Friends don't need to pursue greatness, but help you pursue it.

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The Importance of Mindset and Dedication in Entrepreneurship (with Ali Abdaal) Pt.1 - Oct. ‘22 | Ep 533 May 06, 2023

Show notes

"Everyone knows something.” Today, join Alex (@AlexHormozi) as he guests on Deep Dive with Ali Abdaal to talk about various topics related to entrepreneurship and making money, including pricing strategies, achieving multiple millions, and transitioning from a low-income job to a six-figure income. He also offers advice on how to achieve financial success and stresses the importance of having the right mindset and dedication. This is part 1 of the interview.

Check out the episode on Ali Abdaal’s YouTube Channel!

Timestamps:

(1:39) - Pricing strategies and achieving millions

(8:41) - Transitioning from employee to entrepreneur

(16:16) - Trading time for money to learn & pay down ignorance debt

(29:59) - Benefits of learning vs. earning

(36:31) - Increasing income through skill development

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10 Ways to Make $1 Million if You're BROKE | Spotify Video Exclusive May 05, 2023

Show notes

"You make a million dollars by selling someone else five to $10 million of value." Today, Alex (@AlexHormozi) breaks down the myth that you need money to make money and provides 10 different ways to make a million dollars for little or zero money down. These methods include selling something for a million dollars, borrowing a million dollars and having someone else pay it back, and finding somebody who has an audience and buying whatever they're about to launch early and then selling it later.

Timestamps:

(0:20) - 1st-3rd Way: Sell $1 Million, borrow $1 Million, refinance

(2:41) - 4th-7th Way: sell contracts, commission, buy now & sell later, selling units of stuff

(5:15) - 8th-10th Way: people giving business, promotion, arbitrage

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