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The Game with Alex Hormozi

How To Get So Rich You Realize Money Isn't The Point | Ep 822

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 9 January 2025

⏱️ 64 minutes

🧾️ Download transcript

Summary

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 and will learn on his path from $100M to $1B in net worth.

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Transcript

Click on a timestamp to play from that location

0:00.0

When I was 27, I had just over a million dollars in my bank account in cash.

0:05.0

By the time I was 29, I had over 20.

0:07.0

By the time I was 31, it was more than that.

0:10.0

Here's how to get so rich, you realize money was never the point.

0:13.0

But first, you have to get rich.

0:15.0

There's three strategies, and the first one is building a brand.

0:18.0

So I remember this point when I had launched this new product called ALN at the time,

0:23.0

which was supposed to be automated lead nurture. We had a big distribution base of gyms that use our

0:28.1

model. And one of the big pain points they had was that they wouldn't work their leads or it was

0:32.9

very time consuming and costly to continue to follow up and call and set appointments and

0:37.8

remind people to show up for their gym workouts and their sales appointments.

0:41.6

And so we put together this like Zapier Frankenstein product basically that automated

0:49.1

the texts based on responses and it was this massive decision tree that took like six months

0:53.0

to build.

0:54.4

And when I did the release of this product, some people weren't able to be live for the

0:59.7

release because they had classes, they had sessions, they had whatever.

1:03.0

And one of the most interesting things that had never happened to be before is people started

1:06.9

calling into our support team and saying, hey, here's my credit card, I know that Alex

1:10.5

launched something.

1:11.2

Just bill me for it.

1:12.8

I'm in.

1:13.3

It was the first time of my life where I had people just say, like, I will buy whatever

...

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