The Game with Alex Hormozi

Latest Episodes:

Negative Emotional Motivation | Ep 255 Dec 04, 2020

Show notes

Do you admire or envy someone more successful than you? Today, Alex (@AlexHormozi) talks about a conversation he had with Nick Bayley when he attended a mastermind about motivation, naming your emotions, and how the feeling of envy can be a driver to success.

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:

(1:10) - Envy: desire for someone else's possessions, threat to your own.

(2:35) - Envy doesn't make you happy, but can lead to success.

(4:37) - "Rather deal with good for bad than bad for good."

(6:13) - Entrepreneurs judge motivations, need to process emotions.

(7:04) - Analyzing emotions and decisions: focus on actions, not reasons.

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Don't Be Cute | Ep 254 Dec 01, 2020

Show notes

Just do it exactly as it is outlined. Today, Alex (@AlexHormozi) talks about the one piece of advice every entrepreneur needs to hear. Listen in as Alex reflects on a pivotal concept that was given to him by a mentor.

Timestamps:

(2:05) - Alex dives into the question "What breeds success?"

(3:50) - The reason why "What breeds success" needs to be talked about

(5:30) - The bedrock of successful entrepreneurship

(7:24) - If you're in the process of optimizing something

(9:49) - The shortcut to where you want to go

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The Pie Equation | Ep 253 Nov 27, 2020

Show notes

This is my most used equation in business. Today, Alex (@AlexHormozi) talks about the one equation you must know to fully understand where your business stands, the lifetime value of your customers, and where you'll cap.

Timestamps:

(1:27) - The number one equation Alex uses the most in all of business

(4:30) - The Pie Equation helps make quick calculations to know where you're at

(8:42) - The importance of using all three variations of the equation & The Golden Ratio

(12:20) - The quick recap of The Pie Equation and the last way to use it

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When I Realized My Success Didn't Hurt My Competition | Ep 252 Nov 24, 2020

Show notes

You're not going to hurt anyone. Today, Alex (@AlexHormozi) talks about what he felt when he was younger, how that affected him moving forward, and what he learned from that experience.

Timestamps:

(1:07) - Overcoming the chip on your shoulder

(2:04) - Surpassing a rival and finding personal growth

(4:24) - A new perspective on competition and success

(5:21) - Embracing collaboration over competition

(7:33) - The power of positivity and the pitfalls of negativity

(11:08) - Harnessing anger for growth, not destruction

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Arbitrage 101 | Ep 251 Nov 20, 2020

Show notes

All big businesses run off of extraordinary degrees of arbitrage. Today, Alex (@AlexHormozi) talks about what arbitrage is, how you can harness, and leverage it in your business.

Timestamps:

(0:45) - The definition of "Arbitrage" and how all businesses are arbitrage

(3:13) - The difference between economic profits and accounting profits

(6:28) - What factor is going to dictate if it's one market or another?

(7:46) - One valuable concept to understand

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You Are Not Good Because You Are Unwilling To Be Bad | Ep 250 Nov 17, 2020

Show notes

You are going to suck at this for a very long time. Today, Alex (@AlexHormozi) addresses a belief system that holds many back from learning the things they need to learn in order to be "successful".

Timestamps:

(0:41) - Breaking down dangerous belief sets

(2:42) - The misconception of being 'bad' at math

(6:27) - Action over inherent skill: a young entrepreneur's success

(7:22) - The importance of persistence and effort in learning

(8:29) - Personal growth through challenging beliefs

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Scaling Outbound | Ep 249 Nov 13, 2020

Show notes

When it comes to scaling, think outside the box. Today, Alex (@AlexHormozi) talks about one of the issues that have been prevalent in the marketing community: organic outbound not being scalable. He talks about how this issue is actually not as true as you might think and how scaling outreaches can be more consistent and reliable than paid outbound.

Timestamps:

(1:44) - Alex explains scaling and shows calculations based on company data

(4:24) - After calculating, how can you scale your numbers?

(6:35) - In outbound, people are warmer than cold traffic

(7:59) - Scaling outbound: multiply activity and people

(9:58) - Alex shares math of getting VA in company & ROI

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The Rule of 100 | Ep 248 Nov 10, 2020

Show notes

Want to perfect a skill? Do it 100 times every day. Today, Alex (@AlexHormozi) talks about a simple mindset called “The Rule of 100” and how following this method of increasing volume and repetition of specific actions can bring you closer to improving your skills and growing your business.

Timestamps:

(1:05) - Do a hundred of something daily to improve skills.

(3:29) - Increase volume to generate skill and outcome growth.

(5:29) - Selling expands when you're not the constraint anymore.

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Money Marketing Ratios | Ep 247 Nov 06, 2020

Show notes

Man makes the money. Today, Alex (@AlexHormozi) talks about the three kinds of numbers and their relationships when looking at high-level businesses to invest in or partner with.

Timestamps:

(0:59) - CAC & LTV: 1st number to look into.

(2:37) - Gross margin: basis for decisions & "30-day cash".

(4:16) - Relationships: LTV, 30-day Cash, and CAC.

(7:27) - Focus on 2 relationships: LTV to C ratio & 30-day cash to C ratio.

(9:22) - Goal: at least 3 times greater than CAC for viable business.

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Gross Vs. Net Margin | Ep 246 Nov 03, 2020

Show notes

The slightest difference can make the biggest change. Today, Alex (@AlexHormozi) talks about one of the number one issues he faces when he talks to small to medium-sized business owners: knowing the difference between gross vs. net margin. By knowing the difference between these two, you will instantly shift how you view money and the growth of your business.

Timestamps:

(0:47) - Difference between gross and net margin & calculation involved

(2:11) - Gross margin creates net margin. Alex's example explains why.

(4:38) - Increasing gross margin: decrease fulfillment cost, increase price now.

(6:42) - Greatly increasing margins scales and yields enormous profit.

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