The Game with Alex Hormozi

Latest Episodes:

Doing the Boring Work vs. Chasing Shiny Objects | Ep 455 Nov 03, 2022

Show notes

Stay focused on the goal. Leave no room for distractions. Today, Alex (@AlexHormozi) talks about why you should avoid opportunities that are potential distractions to your growth, not needing a fancy play to be successful, and stop thinking you are going to outcompete other people.

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:

(1:02) - The importance of saying no to distractions and new opportunities as you progress in your career.

(3:27) - Success is about doing the obvious things consistently for an extended period without overestimating your intelligence.

(7:08) - Transitioning from seeking new opportunities to optimizing existing strategies.

(10:18) - Focusing on the obvious truths rather than constantly chasing new ideas.

(14:03) - The key to success is consistent effort in the right direction, not necessarily fancy plays.

(15:58) - The arrogance of thinking you can outcompete others when you're split among multiple things.

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Investments, Using Reinforcements, & Best Team Practices (with Vince Del Monte) Pt.2 - March ‘22 | Ep 454 Oct 29, 2022

Show notes

(Disclaimer: This interview was recorded over Zoom. We apologize in advance for the quality of the audio.)

It's so much easier to have influence once you have the thing than to try and get influence to make money. Today, join Alex (@AlexHormozi) as he guests on Vince Del Monte’s YouTube to talk about investments, reinforcing behavior, and scaling teams so that other people can do the work for you so that you can ultimately make more money without doing all the work. This is part 2 of the interview.

Check out the episode on Vince Del Monte’s YouTube Channel!

Timestamps:

(0:38) - Addressing the need for a better program and different types of guarantees.

(3:59) - Insights on building your first team, delegating responsibilities, and scaling.

(7:06) - Thoughts on building and maintaining an internal team efficiently.

(10:06) - Strategies for investing money effectively.

(14:42) - The importance of authenticity and avoiding pretenses, especially in terms of financial status.

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Hard Work Won't Make You Rich | Ep 453 Oct 27, 2022

Show notes

“No one can outwork me”... stop lying to yourself. Today, join Alex (@AlexHormozi) as he talks about the factors to consider when it comes to increasing the leverage of your activities in your business, how a good strategy entails all players in the team using their specialties, and using the right metric to measure success.

Timestamps:

(2:14) - Factors like volume and repetition contribute to effectiveness.

(3:56) - Strategy involves organizing team members and their skills.

(6:20) - Success requires honing skills, application, teamwork, and recruitment.

(13:06) - Choose the right game and metric for entrepreneurial success.

(16:29) - Effective leadership involves leveraging team activity.

(19:59) - Delegate activities in reverse order of personal efficacy.

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Starting From Zero | Ep 452 Oct 25, 2022

Show notes

Desperation a lot of times leads to innovation. Today, join Alex (@AlexHormozi) as he talks about his experiences when starting out from ground zero, having a Plan B, and the kind of mindset you should have when starting out.

Timestamps:

(0:56) - Having a Plan B is beneficial due to unknowns.

(2:35) - Alex learned to sell, faced setbacks, but used earnings as capital.

(10:16) - Overcoming fear of money, focusing on learning, and mindset.

(11:50) - Alex reinvests earnings, maintaining a mindset of starting from zero.

(14:29) - Cash flow positive from the beginning, maintaining a zero-start mindset.

(16:17) - The questions you ask shape the problems you solve.

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Scarcity, Guarantees & the Cohort Method (with Vince Del Monte) Pt.1 - March ‘22 | Ep 451 Oct 22, 2022

Show notes

(Disclaimer: This interview was recorded over Zoom. We apologize in advance for the quality of the audio.)

There is a space choosing between to extremes, but keep close to the choice that is totally risk reversal. Today, join Alex (@AlexHormozi) as he guests on Vince Del Monte’s YouTube to talk about scarcity urgency on resigns, attracting low-quality leads, using the cohort method, and more. This is part 1 of the interview.

Check out the episode on Vince Del Monte’s YouTube Channel!

Timestamps:

(0:47) - Cohort method, high-ticket coaching, and rolling urgency strategies.

(10:31) - Scarcity urgency for resigns: maximize renewals and upgrades.

(14:14) - Techniques for ascending to the next level, including downselling the upsell.

(17:01) - Avoiding low-quality leads while offering guarantees in your business.

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Why You Should Consider Quitting College | Ep 450 Oct 20, 2022

Show notes

If you had the choice to go back, would you go to college again? Or make your own path? Today, Alex (@AlexHormozi) shares with us the insightful talk he had with his 18-Year-Old about not going to college, giving him different perspectives on if he chose one path or the other. He also talks about the cost of college vs. the opportunity cost of going to college, choosing the path that gives you long-term success, investing in skills and learnings, skill-stacking, and accepting that failure is part of the process.

Timestamps:

(4:47) - Restructure education: Majors based on business departments for job relevance.

(11:08) - Choose paths for long-term success; embrace initial challenges for growth.

(17:09) - Master your passion, self-teach, share learnings, build valuable skills.

(21:12) - Alternatives to college: Apply to companies, invest in courses, seek mentors.

(31:27) - Create access to mentors, appreciate imperfect advice, skill-stacking importance.

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This is How You Make 1 Billion Dollars... | Ep 449 Oct 18, 2022

Show notes

What does it take to own a billion dollars? Just money? Investments? Hard work? Today, Alex (@AlexHormozi) shares with us the truth behind becoming a billionaire, the misconceptions around it, and how thinking in magnitudes in order to reach this goal will help you in the long run.

Timestamps:

(1:47) - Misunderstanding: You own, not make, a billion dollars. Alex's perspective.

(4:45) - Becoming a billionaire requires full-time dedication and profit focus.

(7:13) - To be a billionaire, own something worth a billion, think big.

(8:51) - Steps to make $700 million/year: scalable opportunities, large market, high margins.

(10:06) - Clarification: You don't make 1 billion; you own it. Math example.

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Testimonials, Lead Generation, and More… (with Emmanuel Abolo) Pt. 2 - Sept. '21 | Ep 448 Oct 15, 2022

Show notes

(Disclaimer: This interview was recorded over Zoom. We apologize in advance for the quality of the audio.)

Today, join Alex (@AlexHormozi) as he guests on Emmanuel Abolo’s YouTube to talk about what would Alex do if he were given a 2nd chance in his entrepreneurial journey, asking for referrals and testimonials, and the six different channels used in lead generation. This is part 2 of the interview.

Check out the episode on Emmanuel Abolo’s YouTube Channel!

Timestamps:

(0:43) - Selling offers: Include bonuses, upsells, downsells, avoid hesitation.

(3:24) - Approaching past self: Utilize knowledge and experience effectively.

(6:46) - Handling client requests for testimonials or references with new offers.

(9:18) - Positioning agency for high-paying clients: Emphasize value, expertise.

(11:21) - Elaborating on 6 lead generation channels; thoughts on organic markets.

(16:12) - Future plans: Books on Lead Generation, Money Models, and beyond.

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Building A $50 Million Business with Nose Strips | Ep 447 Oct 13, 2022

Show notes

The brand is a reflection of what a person desires to be. Today, Alex (@AlexHormozi) talks about how he would create a multi-million dollar business using nose strips, the directions he would take to market the product, how he would help solve the problems of his potential market, and how brands should look deeper into satisfying the desires of their customers.

Timestamps:

(0:30) - Alex's hypothetical brand: Nose strip business with motivational branding.

(4:53) - Financial impact: $16 gross margin on a $20 product.

(7:52) - Unique manufacturing capacity triples product value; influence campaign adds 40% top line.

(10:07) - Potential value of the brand: $40-60 million; motivational targeting.

(12:17) - Angle brand towards the audience; lesson from "The Garlic and the Ham."

(15:21) - Brands reflect personal beliefs; people vote for what they believe.

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I Don't Read Books... I Study a Few | Ep 446 Oct 11, 2022

Show notes

Jack of all trades, master of none… but better than a master of one. Today, Alex (@AlexHormozi) talks about why he prefers not to fall into the trap of reading 1 book every week, how he approaches education generally, and why it’s also better to learn as you’re doing the thing rather than read about it.

Timestamps:

(0:55) - Alex's reading approach: Targeted seasons for focused learning.

(2:46) - Learning from experience; books, seminars provide context, not solutions.

(4:48) - Don't overthink initial steps; take the first step forward.

(7:07) - Learning by working for others; applying knowledge in real scenarios.

(8:17) - Reading during seasons for context, exposure, and broader thinking.

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