Alex Hormozi, entrepreneur and founder of Acquisition.com, joins David Weisburd to share his journey of building a $150 million net worth. He discusses the lessons learned from losing his fortune twice, the importance of controlling revenue streams, strategic risk-taking in business, insights into scaling businesses, and the mindset required for long-term success. Hormozi also explains how he leverages his social media presence to drive deal flow and growth for Acquisition.com.

@dweisburd (David Weisburd)

@AlexHormozi (Alex Hormozi)

David Weisburd: https://www.linkedin.com/in/dweisburd/

Alex Hormozi: https://www.linkedin.com/in/alexhormozi/

Acquisition: https://www.acquisition.com/

(0:00) Episode Preview

(0:39) From Management Consultant to Gym Mogul

(4:14) The Big Exit and New Ventures

(5:09) The Birth of Acquisition.com

(6:00) The Power of Social Media and Brand Building

(7:16) Investment Strategies and Business Models

(17:33) Skill Acquisition and Compounding

(27:08) Transactional vs Relational Business Dynamics

(31:15) Understanding Opportunity Costs and A-Players

(31:51) The Importance of Reinforcement Loops

(32:16) Unlocking Discretionary Effort

(33:21) Power of Immediate Rewards

(34:23) Behavioral Conditioning in Business

(35:37) Hiring for Attitude and Intelligence

(38:02) The Role of Trauma in Behavior

(39:30) The Meta Skill of Learning

(40:40) Aligning Incentives and Delegation

(41:17) The Founder Mode and Soft Skills

(44:32) Operationalizing Culture and Feedback

(46:47) Personal Growth and Business Strategy

(57:53) Closing remarks