The Game with Alex Hormozi

The worst thing you can do is deceive yourself. Today, Alex (@AlexHormozi) talks about the 7 most common ways people measure value when looking at a business, which ones are his favorites, and which ones are completely ridiculous!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:(0:33) - 1st & 2nd: Contract Value, Revenue Over Lifetime(2:58) - 3rd & 4th: Business Valuation, Actual Yearly Revenue(4:49) - 5th & 6th: Yearly Profit, Owner Earning(6:55) - 7th: Net Worth, Pros and cons of each way(17:28) - Alex's preferred way: Net Worth, What's left after everythingFollow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

What happens to our money when we’re gone? Today, Alex (@AlexHormozi) talks about the long-term plans he and Leila have set up in the event they pass away and why they’re giving to charity instead of simply passing the wealth to their next generation.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) - Alex and Leila donate everything to charity, not to children.(4:43) - Give away things, share experiences, bring value to others.(7:08) - Entrepreneurship is like a casino, solving money problems.(10:37) - Giving descendants wealth deprives them of earning skills.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

I learn in teaching. Today, Alex (@AlexHormozi) talks about why he opts not to sell courses but instead to share his wisdom and knowledge with everyone through his experiences, insights, and more!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:(1:26) - Alex doesn't sell courses due to flaws in education.(2:45) - He focuses on valuable skills over money.(5:01) - Plan: books, guides, podcast - accessible valuable lessons for all.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Wealthy people own the right things. Today, Alex (@AlexHormozi) talks about his experience and what he learned in regard to turning an active business into a passive income. Listen in as we learn the mental framework that is needed in order to take two steps forward in the field of 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:(0:41) - Make anything passive or active: what's the better choice?(2:08) - Walkthrough: how and when to do it(2:59) - Mental framework Alex discovered after some time(6:48) - Turning active business into passive income: big pictureFollow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Match the market, not beat it… then you become rich. Today, Alex (@AlexHormozi) talks about why we shouldn’t keep starting from scratch in business, why growth doesn’t always mean “new”, and how creating constraints can make it even more interesting.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: (1:23) - Entrepreneurs desire novelty. Redefine growth as creating something new.(4:40) - Create challenges without destroying the business: new systems, understanding constraints.(6:44) - Time constraints make business flow more interesting.(9:28) - Sacrifice time to get time back. Stay ahead in the game.(12:04) - Sacrifice first now to learn how to not sacrifice later.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Change the way you think! Today, Alex (@AlexHormozi) talks about the different thinking frameworks that billionaires do that can help you and your business grow!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:(2:04) - Find middle ground between handling and managing problems.(6:21) - Concept of continuum vs. binary - extent of action.(9:30) - Mistake: using psychological binary for judgments, limit questions.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Alex Hormozi discusses the importance of choosing the right life partner, sharing his personal journey with his wife Leila. He emphasizes the need for honesty and trust in relationships and the balance between personal growth and shared experiences in marriage.

We need to be reminded more than we need to be taught. Today, Alex (@AlexHormozi) talks about the 2 root causes of why there might be some constraints in your business’ growth and how the theory of constraint can play a big role in its improvement.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:(1:21) - Enter saturated marketplace with unique product offerings.(3:20) - Assess business saturation: market reach and growth potential.(5:10) - Focus on one product solving a major marketplace problem.(6:41) - Improve business by prioritizing problem-solving strategies.(8:21) - Reframe problems with "How do I..." mindset for solutions.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Learn how to select the right people for your business with integrity & skillset. Test potential hires through interviews & aligning incentives. Discover the importance of competence & sincerity in financial advice for a successful future.

A change in perspective ain’t too bad. Today, Alex (@AlexHormozi) talks about the important questions to reflect on when you’re thinking about your business, providing value over time, and other practices the wealthy do!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:(1:03) - Check if product is talk-worthy(3:11) - Key questions: Value, Profit, Customer Experience(6:01) - Big vs small entrepreneurs: Product vs promotion focusFollow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition