On Purpose with Jay Shetty

Alex Hormozi: This Is EXACTLY How to Make Your First MILLION (Follow THIS 4-Step Framework to Turn Your Ideas into REAL Money FAST!)


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Have you ever thought about starting a business?

What would you do if money wasn’t a problem?

Today, Jay sits down with bestselling author, entrepreneur, and investor Alex Hormozi for a practical and eye-opening conversation about money, business, and what it really takes to succeed. Alex has built and sold multiple companies and now runs Acquisition.com, where he helps scale businesses to over $10 million in revenue.

In this episode, Alex breaks down why so many people feel stuck when trying to grow a business. Alex and Jay dive into the common mistakes that hold people back, like chasing passive income too early, mistaking passion for a plan, or seeking freedom without first building discipline. Alex shares the real steps you need to take to start making money now. He explains how to create active income by offering your time and skills, how to craft offers people can’t refuse, and why direct feedback is the fastest path to growth. Jay and Alex also explore the mindset traps that stop people from moving forward, including fear of judgment, comparison, and the pressure to get it perfect the first time. Together Jay and Alex highlight the importance of showing up consistently, being willing to fail, and choosing long-term growth over short-term comfort.

In this interview, you'll learn:

How to Start a Business with Zero Capital

How to Create an Offer People Can’t Refuse

How to Increase Your Income by Trading Your Time Intentionally

How to Sell Without Feeling Manipulative

How to Get Unstuck from the Passive Income Trap

If you're ready to stop guessing and start building something real, this episode gives you the clarity, structure, and confidence to move forward.

With Love and Gratitude,

Jay Shetty

Join over 750,000 people to receive my most transformative wisdom directly in your inbox every single week with my free newsletter. Subscribe here

What We Discuss:

00:00 Intro

00:40 Get Clear on the Exact Actions That Drive Success

02:10 Why Most People Misunderstand How to Build a Business

04:26 Is the ‘Get Rich Quick’ Model Really Possible?

07:41 The Five Emotional Stages Every Entrepreneur Goes Through

10:52 Start Here to Learn the Skills That Actually Make Money

13:36 Should You Follow Your Passion for Income?

23:30 How to Make Your First Dollar from Nothing

27:57 The 10 by 10 Strategy to Build Proof and Confidence

32:27 Your Product Must Solve a Real Problem

35:37 What No One Tells You About the Trade-Offs of Business

39:40 How to Turn Your Job Experience into a Business

52:27 Redefining Success: It’s Not About the Outcome

56:07 Listen to People Who Are Where You Want to Be

01:02:18 Overcoming the Fear of Selling Ourselves

01:04:23 How to Influence Without Manipulating

01:10:17 The Difference Between Criticism and Insults

01:17:28 How to Break Repetitive Negative Behavior

01:26:15 When to Keep Pushing and When to Pivot

01:28:46 The Four Ingredients of an Irresistible Offer

01:37:02 Focus on Who You Want to Become Not Just What You Want

01:38:40 What Would You Do If You Weren’t Afraid?

01:42:46 The Simple Formula Everybody Has But Nobody is Doing

01:45:53 The Most Important Step Is Just Start

01:47:05 Is Work Life Balance Really Achievable? 

01:50:35 Be More Productive by Eliminating Everything Unnecessary

01:55:17 Alex on Final Five

Episode Resources:

Alex Hormozi | Website

Alex Hormozi | Instagram

Alex Hormozi | Facebook

Alex Hormozi | YouTube

Alex Hormozi | LinkedIn

Alex Hormozi | X

Alex Hormozi | Books

See omnystudio.com/listener for privacy information.

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