A Billionaire Taught Me How To Think Like A Billionaire | Ep 554

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 22 June 2023

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

(This episode is a re-run. Original airdate was September 2, 2021)

It’s all about changing the way you think. Today, Alex (@AlexHormozi) shares his thinking frameworks for problem-solving in business. He emphasizes the importance of distinguishing between problems to be solved and dichotomies to be managed, and of thinking in continuums rather than binaries, to achieve more accurate decision-making.

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:

(2:07) - Dichotomy not problem: middle ground between managing/delegating

(3:38) - Misprioritize problems, improve consistent business practices

(6:07) - Binary oversimplification: reality exists on continuums, not yes/no

(9:56) - Dichotomy to be managed vs. problem to be solved

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Transcript

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0:00.0	Hey guys, love that you're listening to the podcast.
0:02.6	If you ever want to have the video version of this, which usually has more effects, more
0:06.6	visuals, more graphs, you know, drawn out stuff, sometimes it can help hit the brain centers
0:11.7	in different ways.
0:12.7	You can check out my YouTube channel.
0:13.7	It's absolutely free.
0:14.7	Go check that out if that's what you are into and if not, keep enjoying the show.
0:18.7	That's fair.
0:19.7	This is equal.
0:20.7	Both are ideals.
0:21.8	And yet, somehow they're not the same thing.
0:24.3	And yet both are right.
0:25.6	And so because of that, we will always have this conflict.
0:28.0	It's the same thing between justice and mercy.
0:31.2	Both of them are ideals.
0:32.6	Both of them are right.
0:33.6	And yet, somehow they're conflicting.
0:38.4	The wealthiest people in the world see business as a game.
0:40.8	This podcast, the game, is my attempt at documenting the lessons I've learned on my way to
0:43.9	building acquisition.com into a billion dollar portfolio.
0:46.8	My hope is that you use the lessons to grow your business and maybe someday soon partner
0:49.6	with us to get to $200 million in beyond.
	...

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