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The Game with Alex Hormozi

How To Deal With Haters | Ep 370

The Game with Alex Hormozi

Alex Hormozi

Education, Entrepreneurship, Business, How To

4.94.8K Ratings

🗓️ 17 February 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

Copying is a form of flattery. Today, Alex (@AlexHormozi) talks about dealing with backlash, copycats, and how to rise above these kinds of situations.

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:

(1:31) - Backlash and copying ruins your business; predict their actions.

(3:58) - Haters focus on you, not their audience; get louder.

(7:00) - You have the higher ground; they envy your success.

(8:58) - Guide: Align actions with values; never act out of malice.

Follow Alex Hormozi’s Socials:

LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, love that you're listening to the podcast.

0:02.4

If you ever want to have the video version of this, which usually has more effects,

0:06.4

more visuals, more graphs, you know, drawn out stuff, sometimes it can help hit the brain centers

0:11.6

in different ways. You can check out my YouTube channel. It's absolutely free. Go check that out

0:15.1

if that's what you are into and if not, keep enjoying the show.

0:18.8

As in, it was a it was a true attack on my character. I was like, how could you be this way?

0:25.1

I thought that they were scum.

0:26.8

Welcome to the game where we talk about how to get more customers, how to make more

0:30.8

per customer and how to keep them longer and the many failures and lessons we have learned

0:34.0

along the way. I hope you enjoy and subscribe.

0:39.5

Over the last five years, I've had 22 different clients and or employees try and repurpose,

0:50.3

you know, our licensing material into their own business.

0:54.0

And I wanted to make this video to talk about how to handle that as you inevitably grow in

1:01.0

business. This is going to happen to you. So it's a matter of when, not if and what I think

1:06.0

have been some of the best strategies that I've that I've used to deal with them.

1:08.9

So by the way, my name is Alex from Rosy. I own acquisition.com. We do about $85 million

1:13.1

a year in revenue. I have nothing to sell you. So today I want to talk about kind of the the

1:18.4

backlash against competition and copycats and things like that. So the biggest problem that

1:25.2

most entrepreneurs deal with, or at least that I was dealing with each time, especially earlier on

1:29.0

when this would happen is that I took it as such a great, deep personal front. As in it was a it

1:35.2

was a true attack on my character. I was like, how could you be this way? I thought that they were

1:41.4

scum and all the many things and thoughts that we, you know, would naturally go through.

...

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