The Game with Alex Hormozi

Latest Episodes:

You will stay poor if you don't understand this equation | Ep 345 Nov 16, 2021

Show notes

You need math people! Today, Alex (@AlexHormozi) talks about the two most valuable equations you need, why you need math when doing business, having high-quality data, and how these will help you make important decisions for the business!

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:

(0:29) - Understanding basic business equations

(1:05) - Exploring the fundamental equation of business

(2:45) - Calculating lifetime gross profit per customer

(4:05) - Case study: analyzing a marketing agency's business model

(7:04) - The power of knowing your numbers

(12:37) - Advanced strategies for business growth and cash flow

Follow Alex Hormozi’s Socials:

Price to Value | Ep 344 Nov 11, 2021

Show notes

Set yourself up for success with this ratio! Today, Alex (@AlexHormozi) talks about how the most successful framework involves only three important lines that will dramatically bring in more value and money to your company and the different combinations of these lines.

Timestamps:

(1:53) - Every business: sell price, value to person, cost

(3:19) - Examples: different combinations based on levels

(6:28) - Golden ratio: provide valuable, low-cost, create customer surplus

Follow Alex Hormozi’s Socials:

Service-Based Business | Ep 343 Nov 09, 2021

Show notes

Serving with a smile! Today, Alex (@AlexHormozi) talks about 4 ways to package your service-based business and labor into a profitable one! Don’t miss out on his simple but very insightful tips!

Timestamps:

(1:51) - 1st and 2nd types: privately held chains and franchising

(3:32) - 3rd and 4th types: licensing (IP) and software (digital service)

(5:41) - Advantages and disadvantages of these 4 types of businesses

(13:06) - Scaling? Consider which bucket suits you and strategy

Follow Alex Hormozi’s Socials:

Scariest Decision I Have Made | Ep 342 Nov 04, 2021

Show notes

Small tweaks + big changes = lots of impact! Today, Alex (@AlexHormozi) talks about the 2 moments where he had to make a big decision in which one gain a lot of profit while the other…did not. It’s all about selling with conviction!

Timestamps:

(1:19) - Sent mass letter: price increase for subscription with discount.

(5:07) - Offered 2 weeks free trial; ⅔ customers stayed after a month.

(7:05) - Higher value, higher price; lower value, no money.

(7:47) - 6 ways to increase LTV: price increase, cost decrease, upsells, cross-sells, downsells.

Follow Alex Hormozi’s Socials:

Make $3000 A Day With Hard Money Lending | Ep 341 Nov 02, 2021

Show notes

Trust is the most valuable thing. Today, Alex (@AlexHormozi) talks about what hard money lending is, how this worked for him, and how investing almost $3000 per day gave him a lot of profit.

Timestamps:

(0:40) - The art of hard money lending: a lucrative strategy explained

(1:23) - Breaking down the deal: a $2.5 million investment unveiled

(5:38) - The power of trust in business: a valuable lesson learned

(9:06) - Reflections and tax implications: the true value of trust

(10:24) - Building a community of trusted partners

Follow Alex Hormozi’s Socials:

Analyze your business | Ep 340 Oct 28, 2021

Show notes

Fools don’t use tools! Today, Alex (@AlexHormozi) shows us the variables and equations you need to analyze your business and how he got the two hardest numbers not everyone is able to have.

Timestamps:

(0:22) - Deep dive into business analysis framework

(1:17) - Understanding key business metrics

(2:15) - Case study: Analyzing a hypothetical business

(6:40) - Strategies for increasing business value

(10:41) - Final thoughts and encouragement

Follow Alex Hormozi’s Socials:

Not Closing Sales | Ep 339 Oct 26, 2021

Show notes

Believing is achieving! Today, Alex (@AlexHormozi) talks about why the script you’re using in your sales pitch might not be working, tips to improve your communication skills, and making others believe and trust you with your words.

Timestamps:

(1:22) - Analyze tone and cadence. Deliver message effectively.

(3:33) - Repetition is helpful. Practice sales pitch consistently.

(5:39) - 2 ways to improve: practice or believe in what you sell.

Follow Alex Hormozi’s Socials:

Reset the Bar | Ep 338 Oct 21, 2021

Show notes

Advanced people never don't do the basics. Today, Alex (@AlexHormozi) talks about how two life experiences changed his view on business. Listen in to find out what they are and the mindset that you need for your business

Timestamps:

(0:32) - The power of execution: gym owner's lesson

(2:56) - Learning from a smoothie king: setting standards

(4:42) - The heart vs. the smarts in business

(6:10) - The importance of culture and soft skills

(10:23) - Final thoughts and call to action

Follow Alex Hormozi’s Socials:

Stuck In Your Business | Ep 337 Oct 19, 2021

Show notes

Knowing what you lack is the first step. Today, Alex (@AlexHormozi) talks about how to analyze what might be missing in the way you think, or believe in the system of running your business, and help you get unstuck with your business with simple tips!

Timestamps:

(0:48) - Incorrect beliefs, skill deficiencies, and lacking traits hinder success.

(4:54) - Look for 2 additional traits: belief in product's impact and others' benefit.

(6:45) - Assess if there's a limit on your market or self-imposed limitations.

Follow Alex Hormozi’s Socials:

Never Listen to Your Parents | Ep 336 Oct 14, 2021

Show notes

Sometimes, ignorance can be bliss. Today, Alex (@AlexHormozi) talks about why you shouldn’t listen to the advice of your parents or relatives. It might sound a bit controversial, but it’s not what you think...

Timestamps:

(0:54) - Close ones as critics. Failure makes it easier for them.

(2:08) - Not taking risks guarantees no success. They misunderstand risk.

(4:49) - Opposition from most people is safer most of the time.

Follow Alex Hormozi’s Socials: