I Helped 6 Business Owners Overcome Their Fear of Failure | Ep 672

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 14 February 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

“It's not about how hard you can hit, but it's about how hard you can get hit and keep going forward.” Today, Alex (@AlexHormozi) answers questions of entrepreneurs as they share their personal experiences, obstacles, and solutions faced in their respective entrepreneurial journeys. Key topics include dealing with the fear of failure, handling self-doubt, managing transition from in-person to online services, and coping with the loneliness that often accompanies success.

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:

(0:30) - Overcoming fear and analysis paralysis in self-publishing

(6:11) - Dealing with personal loss and maintaining composure

(12:44) - Navigating business challenges and making impactful decisions

(19:22) - Starting a business with a grand vision & the importance of starting small

(23:40) - Enduring the loneliness of success

(29:34) - Struggling to return to a 9-5 job

(32:49) - The power of promotion in entrepreneurship

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Transcript

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0:00.0	What are you afraid of? I'm scared that I'll fail at the goal. Then you can judge how successful you were by how much you adhere to the actions that you committed to. The wealthiest people in the world see business as a game.
0:13.0	This podcast, The Game, is my attempt at documenting the lessons I've learned on my way to building
0:17.1	acquisition.com into a billion dollar portfolio.
0:19.4	My hope is that you use the lessons to grow your business and maybe someday soon,
0:22.1	partner with us to get to $100 million and beyond.
0:24.0	I hope you share and enjoy.
0:27.0	So I run a writing company. I write for celebrities and CEOs because I took your advice and I
0:36.6	started writing for people that have more money and it's yeah.
0:40.4	Solve rich people problems they pay better. Yes, but I also published my own books.
0:46.0	And I traditionally published with publishers
0:48.9	and I have done it really well.
0:50.6	But in the future, going forward, I want to publish my own books, self-published my own books.
0:56.4	But I have analysis paralysis because there's so many options to execute a strategy.
1:03.7	Sometimes I don't know which option to pick
1:05.8	to just execute the strategy for my next book.
1:08.1	And my first goal was just to sell a thousand e-book copies.
1:10.8	Nothing is even grand.
1:12.3	Yeah, okay.
1:13.0	And then when I settle on a strategy, I get scared because I don't know if it's going to work.
1:19.0	So two questions real quick.
1:21.0	So when you say you have so many different strategy you could
1:22.5	pick from you talking about different topics for the book is that what you're saying I
	...

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