Investments, Using Reinforcements, & Best Team Practices (with Vince Del Monte) Pt.2 - March ‘22 | Ep 455

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 29 October 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

(Disclaimer: This interview was recorded over Zoom. We apologize in advance for the quality of the audio.)

It's so much easier to have influence once you have the thing than to try and get influence to make money. Today, join Alex (@AlexHormozi) as he guests on Vince Del Monte’s YouTube to talk about investments, reinforcing behavior, and scaling teams so that other people can do the work for you so that you can ultimately make more money without doing all the work. This is part 2 of the interview.

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Check out the episode on Vince Del Monte’s YouTube Channel!

Timestamps:

(0:38) - What would you say to someone who’s afraid to address “you need a better program”? Alex also talks about the two other types of guarantees

(3:59) - Insights on how to build your first team? What does the process of it look like? (i.e. delegating responsibilities, setting standards, scaling up, etc)

(7:06) - What are your thoughts on building an internal team in terms of best practices, and keeping it a lean, mean, high-functioning machine?

(10:06) - When it comes to investing, how do you utilize your money in the best ways possible?

(14:42) - If you are not a millionaire yet, stop pretending to be one. Stop telling yourself lies because all the more it will make you feel sh*tt*er. Be authentic and make more experiences rather than feeling like a fraud

Follow Alex Hormozi’s Socials:

Transcript

Click on a timestamp to play from that location

0:00.0	Most of the nation welcome back to this day's episode of the game
0:04.7	We talk about three topics on just Vince Del Monte's podcast from March of 22
0:09.7	We talk about investments we talk about reinforcing behavior
0:12.9	We talk about scaling teams so that other people can do the work for you so that you can also we print that money's without doing all of the works
0:19.0	I think you guys will enjoy it and I'll see you in there
0:22.3	Welcome to the game where we talk about how to get more customers how to make more
0:31.4	Processor and how to keep them longer and the many failures and lessons we have learned alone the way I hope you enjoy and subscribe
0:37.9	This is might be a question in the weeds here, but you know if we're gonna ask you
0:42.2	reinforcement of this I guess this is you know, of course you need to reinforce it
0:47.5	This is probably a dedicated role to you know if somebody's saying ahead and get results
0:51.4	I mean the whole idea is to put this stuff in motion and then the final issues as it shows up
0:56.3	What would you say to somebody who's afraid to like me kind of attest that you need a better program?
1:01.3	You probably need somebody dedicated to helping these red light clients etc
1:05.4	I can I can hear people's thoughts they're fearful of okay
1:09.2	I'm gonna put this in motion, but what if this creates a customer service nightmare?
1:13.1	It's kind of like the point though. It's like then you go fix those problems too
1:17.5	Yeah, and then you have this crazy front end and then you fix the problems in the back and you have a business you're making 10
1:21.5	How for a minute?
1:24.5	I love it. All right with some time we have left here
1:28.6	Anything else you want to talk about on offer that you get asked there might maybe I missed asking you that just
1:34.3	Make this the mafia offer. Well the other two types of guarantees you have anti guarantees
1:38.5	Which is we're looking for the type of like we're and you can do this which is all sales are final
	...

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