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The Game with Alex Hormozi

7 Million Dollar Lessons | Ep 493

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 31 January 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

“Capitalism is the only system where both people say thank you after an exchange.” Today, Alex (@AlexHormozi) shares with us the seven lessons he learned in his first job that gave him million-dollar results. He dives into each lesson’s background story and how you too can practice them in your own business.

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:

(1:45) - Lesson #1 - How to deal with angry customers

(5:01) - Lesson #2 - Creating new products

(7:01) - Lesson #3 - Getting people to say yes by saying no

(8:33) - Lesson #4 & 5 - Sawdusting and providing benefits to the customer

(12:21) - Lesson #6 - Double the amount of products people would buy

(14:02) - Creating continuity for your product & become top of mind

Follow Alex Hormozi’s Socials:

LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Transcript

Click on a timestamp to play from that location

0:00.0

Real quick, you guys already know that I don't run any ads on this and I don't sell anything.

0:04.6

The only ask that I can ever have are you guys that you help me spread the words.

0:07.8

We can have more entrepreneurs, make more money, feed their families,

0:10.9

make better products, and have better experiences for their employees and customers.

0:14.9

The only way we do that is if you can rate and review and share this podcast.

0:19.4

The single thing that I have to do is leave review,

0:21.9

take you 10 seconds or one type of the thumb,

0:23.9

it would mean the absolute world to me.

0:25.3

More importantly, it may change the world of someone else.

0:28.1

If I say, would you like this thing?

0:29.9

And the other person says, yes, and they give me money and I give them the thing,

0:33.2

no harm was done.

0:34.4

All right, so you have to get over this belief about like selling something or making an offer

0:38.1

is somehow bad.

0:39.1

You're literally preventing people from having a benefit by not making the offer.

0:43.9

The wealthiest people in the world see business as a game.

0:46.1

This podcast, the game is my attempt at documenting the lessons I've learned on my way to building

0:49.8

acquisition.com into a billion dollar portfolio.

0:52.2

My hope is that you use the lessons to grow your business and maybe someday soon

0:54.9

partner with us to get $200 million beyond.

0:56.8

I hope you share and enjoy.

0:59.7

I learned $7 million dollar lessons at my first job.

...

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