A BILLIONAIRE told me how to make BILLION DOLLARS...here's my plan | Ep 320

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 27 July 2021

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Advice that’s worth billions! Today, Alex (@AlexHormozi) talks about the conversation he had with a billionaire on how to make a billion dollars in revenue and all the lessons and tips he took away. You might not even believe one of the pieces of advice that were shared!

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:

(2:11) - How to find these kinds of people/mentors to get insightful advice from

(3:51) - The 1st is to understand what level of talents exist and 2nd is layering on the incentive packages appropriately for these talents

(7:43) - How superstars are identified, managing expectations, and profits being unnatural

(12:06) - Advanced people are advanced because they never don’t do the basics

(14:08) - The pieces of advice on investing from the conversation with a billionaire

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Transcript

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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 not 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, and more importantly,
0:26.0	it may change the world of someone else.
0:28.2	So I've been looking to have in this conversation for a couple months
0:31.3	and it was just sitting on the schedule like I'm looking forward to it.
0:33.7	And I found myself, you know, a couple minutes into the phone call
0:37.5	and I said, hey, just out of curiosity, how much are your companies doing
0:41.5	your in revenue right now? He said, well, I think we're doing over a billion dollars a year now.
0:48.1	Welcome to the game where we talk about how to get more customers, how to make more
0:51.0	per customer, and how to keep them longer, and the many failures and lessons we have learned
0:54.3	along the way. I hope you enjoy and subscribe.
0:56.4	And that's when I was like, man, I have a lot to learn from this guy.
1:01.6	So hi, my name is Alex Ramozi. I'm the owner of NCO of Allen Gym Launch,
1:06.6	Prestige Labs, and five of their portfolio companies, and I have absolutely nothing to sell you.
1:10.5	You know, there's a lot of people out there who struggle to make money and are struggling to,
1:14.2	you know, grow their net worth, and I made this channel to make sure that you are not one of them.
	...

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