Doing the Boring Work vs. Chasing Shiny Objects | Ep 455

The Game with Alex Hormozi

Alex Hormozi

Business, Education, How To, Entrepreneurship

4.9 • 4.8K Ratings

🗓️ 3 November 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Stay focused on the goal. Leave no room for distractions. Today, Alex (@AlexHormozi) talks about why you should avoid opportunities that are potential distractions to your growth, not needing a fancy play to be successful, and stop thinking you are going to outcompete other people.

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:

(1:02) - The importance of saying no to distractions and new opportunities as you progress in your career.

(3:27) - Success is about doing the obvious things consistently for an extended period without overestimating your intelligence.

(7:08) - Transitioning from seeking new opportunities to optimizing existing strategies.

(10:18) - Focusing on the obvious truths rather than constantly chasing new ideas.

(14:03) - The key to success is consistent effort in the right direction, not necessarily fancy plays.

(15:58) - The arrogance of thinking you can outcompete others when you're split among multiple things.

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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 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	I'll take you 10 seconds or one type of the thumb.
0:23.9	It would mean the absolute world to me.
0:25.2	More importantly, it may change the world of someone else.
0:28.2	Business is not hard in that it is not complicated.
0:31.5	It is hard because people cannot stay focused on the same thing for a long period of time.
0:35.6	It's also because once people make a certain amount of money,
0:38.3	if they only did it for the income, they're trying to find the next and next to make a more income
0:42.3	rather than the mission of the business.
0:45.2	The wealthiest people in the world see business as a game.
0:47.5	This podcast, the game, is my attempt at documenting the lessons I've learned on my way to building
0:51.1	acquisition.com into a billion dollar portfolio. My hope is that you use the lessons to grow your
0:55.0	business and maybe someday soon partner with us to get to a hundred million dollars from beyond.
0:58.1	I hope you share and enjoy.
1:00.7	Growing businesses is hard because it's different than people expected to be.
1:04.4	And I continue to get more nuance and more detailed in my understanding of growing businesses,
1:09.2	the more businesses I've grown.
	...

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