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The Game with Alex Hormozi

How To Raise Your Standards TODAY w/ Leila Hormozi | Ep 795

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 25 November 2024

⏱️ 40 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

What's going on, everyone? Welcome back to The Game, where today I have a special co-host,

0:05.7

depending on where you look at the internet, my daughter, my sister, distant relative,

0:10.7

or for those of you who know the truth, my wife, Layla Hormosey, is here with me.

0:15.1

And so for those you actually knew who didn't know that, we still get probably like one comment a day.

0:19.5

It's like, weird, are you guys related i have her

0:22.1

here today because i'm recording this podcast on a sunday we've been working this morning uh since about

0:27.7

six i wanted to talk about something that i feel like will be a meaty subject for both of us

0:34.7

with regards to business but it probably does have some tendrils

0:38.2

that extend to regular life. And that single prompt or word is standards. The reason I thought

0:45.8

it would be a really good topic is because as a business owner, I have a few themes of lessons

0:51.0

that I have to continue to learn over and over again. Like, I feel like the concept of the lesson stays the same, but my understanding of it

0:59.4

deepens.

1:00.3

You see the zillionaires on stage saying, hey, you just have to hire great people.

1:03.4

And then, you know, the local barbershop guys like, yeah, sure, you got to hire great

1:07.1

people.

1:07.7

But there's just so many levels to great people. For standards,

1:12.6

it kind of works the same way, which is in a lot of ways, you get the business, you tolerate.

1:19.7

Layla made this tweet earlier today. And I think in seeing that tweet, I thought to myself,

1:23.9

you know, I think it'd be fun if we did this together. So I will read you the tweet that

1:29.3

you had. The reason your business is shit is because you are comfortable with a shit business.

1:34.6

If a shit business made you uncomfortable, you wouldn't stop until it was fixed.

1:40.9

Yeah, that was really on my mind because people tell me all the time how desperately they wish to have a great business.

...

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