CEO to Investor | Ep 272

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 26 January 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

The clock is ticking… or is it? Today, Alex (@AlexHormozi) talks about his major change in perspective and insights when it comes to his 5-year time horizon shifting from CEO to shareholder, to board member, etc. and how thinking of your own time horizons can lift a lot of your stresses in life.

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:

(2:22) - Getting caught in these day-to-day goals can make you forget about long-term investments, fast vs. inevitable, etc.

(4:11) - if you think about time as an inevitable force, that's going to move forward one way or another. Ask yourself “Is it working for or against me?”

(7:02) - Use compound growth to your advantage rather than as a hindrance, rather than as something that you compare yourself to

(8:15) - Developing the discipline of consistency: using this discipline to invest in things that are going to create disproportionate returns is a good use

(13:08) - Alex shares that a leading indicator of growth would be the number of interested inquiries that he gets

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Transcript

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0:00.0	Real quick guys, if you can think about how you found this podcast, somebody probably
0:03.8	tweeted it, told you about it, shared it on Instagram, or something like that.
0:07.5	The only way this grows is through word of mouth. And so I don't run ads, I don't do sponsorships,
0:12.2	I don't sell anything. My only ask is that you continue to pay it forward, do whoever showed you,
0:16.4	or however you found out about this podcast that you do the exact same thing. So if it was a review,
0:21.0	if it was a post, if you do that, it would mean the world to me and you'll throw some good comment
0:24.3	out there for another entrepreneur. You get so caught in the monthly goals and weekly goals
0:29.6	that you forget to make the long-term investments that are important and not urgent.
0:35.2	Welcome to the game where we talk about how to get more customers, how to make more
0:38.1	customers, how to keep them longer, and the many failures and lessons we have learned along the
0:41.7	way. I hope you enjoy and subscribe. What's going on everyone? Happy Sunday. This is coming from
0:47.6	downtown Austin. Wanted to talk to you about one of the most profound belief and perspective shifts
0:52.8	that I've had over the last few years. And I think 2020 was that year for me where I made one of
0:58.0	the most profound internal shifts. And the shift has yielded me unbelievable amounts of decreases
1:05.0	in anxiety for me. And honestly just increased my level of certainty and I can understand why
1:12.9	so many people fail to a much higher degree. And I think one of the biggest curses that I had
1:17.9	earlier on in my career is that within months I went from, it's just everything kind of aligned for
1:26.5	me. Mine due after five years of eating shit. But nonetheless things did align for me.
1:34.7	And very rapidly went to from making not a lot of money to millions of dollars a year in profit
1:41.2	to my second year doing almost 20 million dollars in profit. And that fundamentally I think
1:49.2	ruined me in a lot of ways earlier on because I saw that as my benchmark.
1:56.4	You know what I mean? I saw that as like if a business is not doing this then it's failing. We're
	...

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