Game Theory - Infinite vs Finite Games and how it can massively TRANSFORM your business... π₯π¨π» THIS IS REALLY COOL! | Ep 60
The Game with Alex Hormozi
Alex Hormozi
4.9 β’ 4.8K Ratings
ποΈ 12 June 2018
β±οΈ 11 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
βThe game is to outlast. The game is to keep playing the game."Today, Alex (@AlexHormozi) discusses how game theory can fundamentally change how we see and approach business, shifting from a finite game mentality to an infinite game mentality, with the objective being to keep playing. He provides examples of finite and infinite games and how understanding the difference can affect decision-making and long-term success in business.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast youβll 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:
(1:09) - Finite games: known players, fixed rules, winning objective.
(2:36) - Infinite games: known/unknown players, changeable rules, continuous play.
(5:00) - Business: infinite game, goal is to keep playing.
(6:08) - Winning in business: stay in the game, not arbitrary achievements.
(6:59) - Building lasting business: strategic, long-term decisions.
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Transcript
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| 0:00.0 | What's going on everybody? |
| 0:01.0 | I'm bringing some more books, but I wanted to say that if you haven't checked out $100 |
| 0:03.8 | million offers, I would definitely suggest that you start there. |
| 0:06.3 | I've gotten some solid feedback and it couldn't be happier with this number one ranking |
| 0:09.9 | on Amazon for direct marketing and over 5,000 five star reviews. |
| 0:13.8 | So thank you guys so much for that. |
| 0:15.2 | It's 164 pages. |
| 0:16.2 | I really can help you out. |
| 0:17.8 | It takes about four hours to get through. |
| 0:19.6 | Check it out on Amazon. |
| 0:20.6 | The Kindle book is 99 cents. |
| 0:22.5 | The audiobook is as low as they'll let me put it on for it. |
| 0:24.7 | So I think it's 12 bucks. |
| 0:26.2 | So enjoy that and let's start the podcast. |
| 0:29.0 | What's going on everyone? |
| 0:30.8 | Happy Monday. |
| 0:31.7 | Hope you guys had an amazing weekend or weekend that was hopefully as you might know was we |
| 0:37.6 | just finished our gym Lord summit last week. |
| 0:41.6 | And so that's an event that we have. |
| 0:44.7 | We had 400 or 450 gyms. |
| 0:47.4 | My highest level group. |
| 0:48.7 | That's actually after gym launch our gym Lord's group fly out to Austin to come spend two |
... |
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