You will never make it by taking shortcuts. Today, Alex (@AlexHormozi) highlights the success in improving existing business models rather than pursuing new ones, cautioning against diving into unfamiliar niches. The episode underscores the significance of perseverance, hard work, and mastering various skills for long-term success in entrepreneurship. 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: (1:20) - The value of doing better, not necessarily new (4:17) - Reality of building a successful business (6:45) - Dangers of rushing success (8:33) - Misconceptions of quick entrepreneurial success (10:55) - The importance of practical experience over theory Follow Alex Hormozi’s Socials: LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition  (This episode is a re-run. Original airdate was on March 15, 2022)

Picking Your Niche | Ep 660

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.

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(Disclaimer: This interview was recorded over a livestream. We apologize in advance for the quality of the audio.) "the only time that you truly have no hardship is if you're not growing.” Today, Alex (@AlexHormozi) answers questions from his audience and discusses the realities of entrepreneurship, emphasizing the importance of resilience amidst consistent challenges. He offers insights into customer acquisition strategies, the value of a strong network for growing businesses, and underscores the necessity of enduring hardships for success. He also shares valuable lessons for entrepreneurs about personal growth, overcoming obstacles, and the continuous learning process inherent in entrepreneurship. 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: (0:48) - Navigating loneliness and success (7:57) - The journey back to entrepreneurship (15:50) - Embracing the entrepreneurial struggle (18:02) - The continuous cycle of growth and pain Follow Alex Hormozi’s Socials: LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

Embracing the Hardships of Success | Ep 706

“It is always uncomfortable because the thing that you are now holding onto is the thing that you have to give up.” Today, Alex (@AlexHormozi) shares valuable insights on managing the delicate balance between control and delegation in the entrepreneurial journey, drawn from his experience of scaling acquisition.com to a billion-dollar portfolio. He focuses on the importance of understanding your business's intricacies and overcoming trust issues to embrace delegation, crucial for achieving significant business growth and personal freedom. 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: (0:38) - Navigating control in the entrepreneurial journey (1:14) - The shift from complete control to delegation (2:04) - Scaling your business by buying back time (3:11) - Understanding your identity and control in business growth (7:04) - The ultimate rule of thumb for entrepreneurs (8:54) - Overcoming personal barriers to success Follow Alex Hormozi’s Socials: LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition  (This episode is a re-run. Original airdate was on April 19, 2021)

The Entrepreneurial Journey | Ep 705

“It'll be more inspiring to other people is a much more powerful frame The more disadvantages you have when you start the more epic story you have when you win.” Today, Alex (@AlexHormozi) explores the mindset barriers to personal and professional growth, emphasizing the transformation of past traumas and unrealized potential into success stories. He shares compelling insights into overcoming adversity, advocating for proactive change, and the power of personal narratives in building a billion-dollar 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: (1:06) - Navigating opinions and finding your path (3:42) - From prodigal son to minimum wage (5:33) - Redefining identity and overcoming the past (9:02) - Embracing epic failures and successes (10:50) - Heroes vs. villains: choosing your path through pain (12:26) - The value of your lowest points Follow Alex Hormozi’s Socials: LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

Choosing Your Own Path in The Game | Ep 704

(Disclaimer: This interview was recorded over a livestream. We apologize in advance for the quality of the audio.) “And the thing that I keep coming back to that makes entrepreneurship difficult is that you have a known cost for an unknown payoff. “ Today, Alex (@AlexHormozi) answers questions from his audience and shares vital strategies for entrepreneurial success, emphasizing perseverance, strategic planning, and adaptability. The discussion navigates the challenges of scaling a business, adapting to technological disruptions, and overcoming adversity in personal and professional realms. Key themes include commitment, flexibility, and learning from failures, providing insightful guidance for anyone on the entrepreneurial journey. 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: (0:35) - Navigating entrepreneurial uncertainty (7:23) - Strategic decisions for aspiring entrepreneurs (14:36) - Overcoming analysis paralysis (20:59) - Navigating personal and professional hardships (25:30) - Leveraging social media for business growth Follow Alex Hormozi’s Socials: LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

The Unseen Battles of Entrepreneurship | Ep 703

“You can bet on yourself, but there are so many more stories of guys who bet everything on themselves at the casino and walked away empty handed.” Today, Alex (@AlexHormozi) shares the key aspects of business valuation, debunking common misconceptions and highlighting seven critical metrics: contract value, lifetime revenue, business valuation, yearly revenue, profit or EBITDA, net free cash flow, and personal net worth. At the end, he ranks which of the metrics are best to use and why you should not be looking at the others to determine the value of a 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: (0:56) - 1st Metric: Contract value (2:35) - 2nd Metric: Lifetime revenue (4:58) - 3rd Metric: Business valuation (7:10) - 4th Metric: Yearly revenue (8:14) - 5th Metric: Yearly profit (10:11) - 6th Metric: Net free cash flow (11:07) - 7th Metric: Net worth (13:32) - Ranking each business valuation metric Follow Alex Hormozi’s Socials: LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition  (This episode is a re-run. Original airdate was on July 1, 2021)

Picking Your Niche | Ep 660

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