2020 Lessons & Failures | Ep 270

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 19 January 2021

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How bad do you want, what you claim to want? In this highly requested episode, Alex (@AlexHormozi) shares with us the lessons and failures that he took away from 2020, reflections on his notes, and what he learned in perhaps his largest year of growth yet.

If you'd like to go back and listen to Alex's recap of 2019, click on this link. 2019 Failures and Lessons

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(3:10) - His thoughts on the phrases “what does this person have that I don't?” vs. “what do they lack that I have?”, hiring good talent, additional acquisition channels, finding people with preloaded solutions, & providing more value in a strategic way to the marketplace

(11:00) - How 2020 was a humbling year for Alex, the concept of “scale to zero”, company growth without hiring people, and his mistake with data management

(23:30) - Alex’s thoughts of having 3 businesses, irreversible vs. reversible decisions, having a bigger purpose after reaching milestones, & entrepreneurship coming in cycles or seasons

(40:20) - Finding the best solutions to problems, understanding an expanded time horizon, the summary of his 2020 lessons and failures

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Transcript

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0:00.0	What's going on everybody?
0:01.0	I'm bringing some more books, but I wanted to say that if you haven't checked out $100
0:03.8	million offers, I would definitely suggest that you start there.
0:06.3	I've gotten some solid feedback and it couldn't be happier with this number one ranking
0:09.9	on Amazon for direct marketing and over 5,000 five star reviews.
0:13.8	So thank you guys so much for that.
0:15.2	It's 164 pages.
0:16.2	I really can help you out.
0:17.8	It takes about four hours to get through.
0:19.6	Check it out on Amazon.
0:20.6	The Kindle book is 99 cents.
0:22.5	The audiobook is as low as they'll let me put it on for it.
0:24.7	So I think it's 12 bucks.
0:26.2	So enjoy that and let's start the podcast.
0:29.6	What's going on everyone?
0:31.4	Happy Tuesday.
0:33.6	I hope you're having a phenomenal day.
0:36.6	Whatever day it is that you're listening to this.
0:39.2	I had a lot of requests from Instagram and DMs and thank you for those.
0:45.8	For the 2020 Lessons and Failures.
0:49.4	This will be a sequel to my 2019 Lessons and Failures, which if you haven't listened
0:53.6	to that one, I think my year-long recaps are, I think some of my better ones.
	...

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