The Game with Alex Hormozi

Latest Episodes:

When Is It Time To Actively Invest? | Ep 523 Apr 13, 2023

Show notes

It’s all about the timing. Today, Alex (@AlexHormozi) talks about the thought process of investing and some frameworks he used to help you know and decide when it’s the right time to invest.

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:

(1:45) - Think through opportunity costs

(4:34) - Save 6mo-2yrs living expenses, take loan against assets

(5:20) - Invest time in growing income

(7:58) - Invest in gaining skills, find ways to generate revenue

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(This episode is a re-run. Original airdate was June 22, 2021)

How To Make a Legit Business in Education | Ep 522 Apr 11, 2023

Show notes

Who will you believe in more, a trusted institution or someone who promises that you're gonna make a hundred thousand dollars a day in five seconds? Today, Alex (@AlexHormozi) talks about the four things that differentiate a legitimate education business from a scam, using Harvard as an example. He also explains how educators can apply these principles to build a valuable brand and maintain legitimacy.

Timestamps:

(3:48) - Pillar #1 & 2: Harvard rejects people & has no income expectations.

(8:16) - Pillar #3: Give tons of free content away

(15:45) - Harvard invests in positioning themselves as number one.

(19:10) - Collect data to make substantiated claims.

(20:48) - Legitimate businesses consistently over-deliver and exceed expectations.

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Obsessing Over Product: The Key to Going from Good to Great (with Lewis Howes) Pt.1 - June ‘22 | Ep 521 Apr 08, 2023

Show notes

The difference between good and great is 10 times the effort. Today, join Alex (@AlexHormozi) as he guests on Lewis Howes’ Show to discuss the importance of obsessing over product quality instead of just focusing on promotion. He also touches on the value equation, the root of his ambitions, and more. This is part 1 of the interview.

Check out the episode on Lewis Howes’ YouTube Channel!

Timestamps:

(2:37) - Understanding money & improving product

(13:31) - Increasing rates, beating down ego & dad

(33:26) - Winning the financial game

(40:54) - Money, power, and glory

(56:24) - Billionaire wealth distribution

(59:59) - Appreciating work from abundance

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The 4 Highest Value Skills That Exist On Earth | Ep 520 Apr 06, 2023

Show notes

The more mastery, the merrier! Today, Alex (@AlexHormozi) talks about the four scarcest highest skills that billionaires practice, and how they can help you with many aspects of your life and bring wealth to your business!

Timestamps:

(1:21) - #1: Raise and multiply money. #2: Capture and multiply attention.

(3:25) - #3: Return time to others. Make systems efficient.

(5:22) - #4: Influence behavior at mass scale. No cost.

(7:19) - Four skills are corollary to four types of leverage.

(9:06) - Skills compound in the long term with exponential growth.

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(This episode is a re-run. Original airdate was December 14, 2021)

Uncovering Hidden Constraints in Your Business | Ep 519 Apr 04, 2023

Show notes

"If what you do every day doesn't necessarily change, but how much you get credit for, it does, then you get more for what you put in.” Today, Alex (@AlexHormozi) discusses how to identify and solve the real constraints holding back a business. He also provides examples of three businesses with different problems but the same larger issue and explains how to approach each one to find the real constraint and create a path to growth.

Timestamps:

(1:43) Theory of constraints: focus on the constraint for outsized returns.

(4:52) Appointment-setting business: niche down or partner with a bigger business.

(8:23) HVAC business: learn HVAC, partner, or buy and juice up.

(12:27) Size of the slice of the pie matters.

(14:44) Influencer business: build sales, product, and customer success departments.

(21:44) Framework: identify the problem to solve.

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The Data-Driven Entrepreneur: Mastering Customer Success (with Dan Henry) Pt.2 - June ‘22 | Ep 518 Apr 01, 2023

Show notes

It’s about finding your leverage. Today, join Alex (@AlexHormozi) as he guests on Dan Henry’s show to discuss various topics related to entrepreneurship, including user research methods, evaluating user feedback, and the importance of understanding customer needs. He also shares tactical advice on increasing word of mouth and transitioning from a personal brand-based business to a brand-focused business with database marketing. This is part 2 of the interview.

Check out the episode on Dan Henry’s YouTube Channel!

Timestamps:

(3:58) - Word of mouth & Linear tactics: referrals, shilling.

(7:15) - Drive results, emotional wins for quadratic returns.

(12:45) - Market customer results, not face.

(16:58) - Database marketing builds equity and substantiates claims.

(19:06) - Qualities of an entrepreneur Alex looks for & avoids

(28:19) - The parallel between branding & finding a mate

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Why Old Friends Keep You Poor... | Spotify Video Exclusive Mar 31, 2023

Show notes

Growth comes through elimination. Today, Alex (@AlexHormozi) talks about shedding friends who don't contribute value to one's life and being willing to pay the price for success. He also emphasizes the importance of honesty in relationships and finding communities with like-minded individuals to achieve greatness.

Timestamps:

(0:16) - Life in seasons; shed unsupportive relationships.

(1:29) - It’s called growth, not change

(2:35) - Relationships are transactional; wait for reinforcement.

(4:49) - Willingness to pay the price sets winners apart.

(6:23) - Be honest about relationship value, make trade-offs.

(8:07) - Surround yourself with rare people for rarity.

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Why Creating Another Business Isn't The Answer | Ep 517 Mar 30, 2023

Show notes

Take a few steps back, and you won't regret it! Today, Alex (@AlexHormozi) talks about his experience of starting another business was a mistake, the lessons he wishes to impart, and why doing boring work is just as important as making money.

Timestamps:

(0:54) - Neighbor creating the same business again: used existing skills & knowledge

(3:07) - Good strategy is knowing what to say “no” to

(4:32) - Can't be CEO of two businesses

(7:31) - Learning from 10+ years of experience is more fruitful

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(This episode is a re-run. Original airdate was October 5, 2021)

3 Paths of an Entrepreneur | Ep 516 Mar 28, 2023

Show notes

Which path are you taking? Today, Alex (@AlexHormozi) discusses the three paths of entrepreneurship: the pure artist, the pure entrepreneur, and the hybrid path. He explains each path and emphasizes the importance of identifying which path works best for the individual entrepreneur's interests and goals.

Timestamps:

(0:26) - 3 paths for entrepreneurs: artist, entrepreneur, hybrid

(2:48) - Artist: doing what you love, not necessarily scaling

(4:14) - Hybrid: combine artist and entrepreneur paths, build around passion

(6:26) - Entrepreneur: business itself is art, build multiple enterprises

(7:53) - Which of the 3 paths are you? (Note: it's okay if it changes)

(9:50) - Most valuable skill: product development, then marketing and sales

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Maximizing Effort: The Leverage You've Been Missing (with Dan Henry) Pt.1 - June ‘22 | Ep 515 Mar 25, 2023

Show notes

“I think the people that move fastest in life are the ones who employ the most leverage.” Today, join Alex (@AlexHormozi) as he guests on Dan Henry’s show to talk about discuss the importance of putting in significant effort towards one's goals and not getting distracted by unnecessary tasks. He also emphasizes the need to focus on the key drivers of growth, such as acquiring and retaining customers, and shares insights on how to scale a business effectively. This is part 1 of the interview.

Check out the episode on Dan Henry’s YouTube Channel!

Timestamps:

(3:20) Focus effort on the right things, not just effort itself

(9:16) Entrepreneurs focus on the wrong things, like aesthetics over content

(13:43) Two things entrepreneurs need to do more

(18:28) Different archetypes of entrepreneurs: product-driven vs. promotion-driven

(27:41) Ignorance is the biggest threat to entrepreneurs' success

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