Does Your Marriage Make You Money? [Successful Frameworks] | Ep 162
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 6 November 2019
⏱️ 27 minutes
🧾️ Download transcript
Summary
“Success to me is a choice, is being able to choose what I want.” Today, Alex (@AlexHormozi) is joined by his wife Leila (@LeilaHormozi) as they discuss the importance of the shared mission, shared values, and complimentary skillsets in successful marriages and business partnerships. They also provide insights on the cheerleader vs fullback concept, making the first dollar together, and the definition of freedom for entrepreneurs.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(2:06) - 3 things for a successful marriage and business partnership.
(6:53) - Cheerleader vs fullback concept by Gary V.
(10:29) - First dollar together increases the likelihood of staying married.
(12:17) - Society's definition of freedom vs entrepreneur's reality.
(16:09) - Marriage is a partnership with priority, a partner in war.
(20:26) - Helping partner and telling spouse as you do friends.
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Transcript
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| 0:00.0 | Hey guys, real quick. So Layland, I are definitely working on our social media presence if you guys haven't noticed and we're just breaking now into linked in. |
| 0:06.4 | Alright, it's not as bad as I thought. |
| 0:08.1 | It's actually been pretty awesome so far and you guys have been really cool in there and people are sharing our stuff a lot. |
| 0:12.2 | So if we aren't connected on LinkedIn, go ahead and let's connect and let's rock and roll. |
| 0:17.1 | Good morning everyone, hope you guys are having a wacky, fantastic Wednesday. |
| 0:22.5 | I wanted to make this podcast because it's probably related to the, you know, probably the number one question that we get on personal lives when we have our events. |
| 0:33.9 | And so we're on day five of nine straight days of events right now. |
| 0:39.4 | And so I woke up a little bit earlier today before we have our fifth day of events to kind of talk about something that a lot of people ask about, which is marriage and money. |
| 0:51.3 | Right. And so I told all this does your marriage make you money and some people might read that and be like, oh, it's marriages and about money, which I find funny because it's the number one thing that people argue marriage. |
| 1:02.0 | And maybe the work life balance that the entrepreneur might have. And so what I wanted to do is I'm kind of speaking specifically to the entrepreneurs who are married or are considering marriage. |
| 1:12.2 | And so I want to first lay out some like context, which is one, I have not been married for 20 years. |
| 1:19.9 | And so I cannot say what that is like. And nor am I claiming to know. |
| 1:26.6 | Layland, I have a very specific, very unique marriage. And we approached it somewhat differently than a lot of people do and we get questions about it all the time. |
| 1:35.9 | And so rather than if you're having questions about your marriage situation, I never want to, you know, and marriages or anything like that. |
| 1:44.5 | But what happens a lot of times after people come to our events is they either like go all in on a relationship with a tons of people who were with, you know, partnered with someone who became got married after, you know, hearing later, and I speak about marriage at our events. |
| 1:56.7 | And we've also had people who are at our events who after events actually broke up, got to have were separated, et cetera. And so |
| 2:04.5 | what I want to provide is just a framework that we use, used to look at our marriage. And I think a useful framework for entrepreneurs to look at honestly the ROI of the partnership that they're, you know, beginning right or they're in right now. |
| 2:22.0 | And so first I want to kind of lay out the three things that we think it takes to make a marriage work, but also a business partnership work because ultimately they're very similar in terms of how you're figuring this out. |
| 2:33.6 | And as a total side note, if you were a betting person, you should always bet against partnerships and marriage because the likelihood that someone makes it their entire lives and does not end a business partnership or does not end a marriage is very low. Right. |
| 2:45.7 | The only way that it would be quote successful is if you, you know, if one of you dies essentially it's like the only way that our society defines success within the context of marriage and partnership. Right. And so I think that's a little bit morbid. |
| 2:59.0 | But I want to give you kind of three, three kind of framesets to work with. So the first is that in order to have what we believe. And this is also adopted from different billionaires that we've listened to not just like personally, but also their podcast, their content, their books, et cetera. |
| 3:15.5 | The first one is that there has to be shared mission, which is not just like within the business context, it's shared mission for what you want to accomplish. But within marriage, it's really just like life mission. Like what do you want to accomplish together? Where you want your life to look like. |
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