4.9 • 4.4K Ratings
🗓️ 11 October 2024
⏱️ 11 minutes
🧾️ Download transcript
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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0:00.0 | Hey guys, welcome back to the game. |
0:01.0 | Today's episode is second in our little mini series |
0:04.0 | of audio first podcasts. |
0:06.2 | If you like these, please, please let me know |
0:08.2 | by tagging me on Instagram or sharing this podcast |
0:12.0 | via text so that more people listen to it. |
0:14.4 | It's actually less about like, please I want to grow, it's more you doing that shows me you like |
0:19.4 | this stuff and I will do more of this type of content on the podcast. |
0:23.4 | Today I am talking about compensation and risk. |
0:27.6 | Okay, so fundamentally, to make money, |
0:30.7 | you have to provide value, but we all know that it's not just the value that you |
0:36.0 | provide that is prepensurate to the compensation that you will get all right you have |
0:41.6 | to have other variables that influence how much you make. |
0:45.4 | And the more I've been studying this, the more surprised I have been by the variables that |
0:50.0 | I believe actually create disproportionate compensation for the work that we put in. |
0:55.6 | And this applies to us as entrepreneurs, deals that you have, vendors, and especially teammates |
1:00.5 | and employees. |
1:01.5 | Enjoy. |
1:02.1 | So in the second of this little series that I have going on of me making audio first podcasts |
1:08.0 | This was started because Leila told me that I should do this and I tend to listen. My wife's very good and smart at stuff and she wants me to win and so I take I take her advice |
1:21.3 | seriously and so if you agree with her, then let me know. |
1:25.0 | And if you prefer the more annotated style of like denser |
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