4.9 • 4.4K Ratings
🗓️ 15 July 2025
⏱️ 42 minutes
🧾️ Download transcript
In today´s episode, Alex (@AlexHormozi) unpacks the 13 hardest lessons from a decade of building, failing, and eventually creating portfolio companies generating over $250M annually. Alex explores asymmetric bets, dropping the “follow your passion” lie, crushing imposter syndrome, and eliminating debt (financial and mental),
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 and will learn on his path from $100M to $1B in net worth.
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0:00.0 | Give me the next 40 minutes or so and I'll help you make the most of your 20s and your 30s. |
0:04.2 | So I made my first million when I was 26. |
0:06.2 | A decade later, my portfolio company has generated last year over $250 million in aggregate revenue. |
0:10.8 | And I'm 36 now. |
0:11.8 | And so in this video, I'm going to give you the rural advice that I wish someone had told me much earlier. |
0:18.8 | So number one is you want to take asymmetric bets. |
0:22.6 | If you're under 30, you have no reason not to go 100% all in on your goals. |
0:27.6 | The downside is nothing and the upside is everything. |
0:31.6 | So if you think about life as giving you kind of lottery tickets, right? |
0:36.6 | You can scratch off a ticket and if you don't |
0:39.1 | win, then what did you lose? The scratch off ticket. But the thing is, is that when you have nothing |
0:44.1 | to lose, you have nothing to lose and you only have things to gain. And so the objective, |
0:49.7 | when you have as little as you can, is to take as many shots as possible because your downside is zero, right? |
0:56.1 | And so it's the only time in your career where you can take more shots than anyone else. |
1:00.5 | And so the reason or the fact that people don't take shots and myself included when I was younger, |
1:05.2 | I was so afraid to take a shot. |
1:06.4 | But the only reason that was holding me back was the belief that other people who I don't even |
1:11.9 | talk to anymore would somehow judge me as a, quote, failure. And the thing is, you're never |
1:17.3 | going to have less responsibilities than you have today. But the thing is, is that you never actually |
1:23.6 | start from scratch ever again. Because every time after the first time you start from |
1:28.2 | scratch, you start with an experience. So you still always net a positive. And so that's the |
1:33.5 | beautiful thing about taking shots is that you either get the big win or more likely you learn |
... |
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