How I Made My First Million | Ep 500

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 16 February 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

(This episode is a re-run. Original airdate was April 5, 2022)

Paying attention to profit can possibly make you millions. Today, Alex (@AlexHormozi) talks about how a key moment in his life became the catalyst of his decision-making, the struggles he went through, and the success that followed 6 to 12 months after with Gym Launch.

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:

(1:52) - Starting with a clean slate after going downhill

(7:33) - No matter what life hits you with, always move forward

(17:00) - Things were starting to get worse

(20:36) - Switching gears & the birth of Gym Launch

(24:30) - The foundation of your business matters

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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, make better products,
0:12.0	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.
0:19.5	The single thing that I have to do is leave review, take you 10 seconds or one type of the thumb.
0:24.0	It would mean the absolute world to me.
0:25.3	More importantly, it may change the world of someone else.
0:28.0	I want to talk to you about how I made my first million dollars in profit.
0:31.5	My due, the reason I'm so big on profit rather than revenue is that at that point,
0:35.8	I had already made, you know, I was already making a couple million dollars a year between
0:39.0	all the different things that I was doing, but I was taking home basically nothing.
0:42.4	Because I was so spread then, I wasn't paying attention to profit.
0:45.6	I was just looking at revenue, trying to beef myself up and feel status rather than thinking
0:49.2	about what I was actually taking home.
0:51.1	And I told you in a different video how I got an head-on collision in a DUI at 60 miles an hour,
0:57.7	on the highway and walked away from it.
0:59.5	And that was kind of the catalyst that ended up changing my life in a lot of ways.
1:03.1	Mostly because I decided to confront decisions that I had been putting off
1:06.6	and make hard calls that I didn't want to make to force myself to focus on one thing.
1:10.9	And so what I want to do in this video is talk to you about the result of that decision
1:15.1	and what kind of happened and transpired in the next six to 12 months, which is anything but a
	...

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