Make up to $75,000/hr with These 10 Lessons! | Ep 397
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 14 June 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
Are you ready to up your money game? Today, Alex (@AlexHormozi) talks about the 10 lessons you can start doubling the amount of money you earn per hour, dives deep into each factor, and why time is the most important ingredient of this money-making formula.
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:
(0:46) - #1: Focusing on what truly matters
(2:32) - #2: The importance of your share in the business
(4:14) - #3: The value of time in achieving big goals
(6:04) - #4: Building a strong brand
(7:59) - #5: Simplicity as a key to scaling
(9:14) - #6: Managing emotions in business
(11:23) - #7: Attracting top talent with big opportunities
(12:35) - #8: The power of compounding in business
(15:10) - #9: Minimizing risks for sustainable growth
(18:25) - #10: Aligning product offerings with customer desires
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
Transcript
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| 0:00.0 | Real quick, guys, if you can think about how you found this podcast, somebody probably |
| 0:03.8 | tweeted it, told you about it, shared it on Instagram, or something like that. |
| 0:07.5 | The only way this grows is through word of mouth. And so I don't run ads, I don't do sponsorships, |
| 0:12.2 | I don't sell anything. My only ask is that you continue to pay it forward, do whoever showed you, |
| 0:16.4 | or however you found out about this podcast that you do the exact same thing. So if it was a review, |
| 0:21.0 | if it was a post, if you do that, it would mean the world to me and you'll throw some good comment |
| 0:24.3 | out there for another entrepreneur. So what the brand does is give you pricing power. And that |
| 0:29.1 | pricing power translates directly to bottom line profits. Welcome to the game where we talk about |
| 0:34.7 | how to get more customers, how to make more customers, how to keep them longer, and the many |
| 0:38.1 | failures and lessons we have learned along the way. I hope you enjoy and subscribe. |
| 0:43.1 | Our portfolio of companies does $75,000 per working hour, 40 hours per week. And building |
| 0:49.8 | this has taken a long time. And so what I share with you is 10 lessons that I have learned in |
| 0:54.0 | observing all of those companies over the last 10 years. And so let's start with the first one. |
| 0:59.5 | And if you don't know, I have my name's Alchemyz, I own acquisition.com. It's portfolio of |
| 1:02.7 | companies does all that stuff. All right. So the first one is something that I actually learned from |
| 1:07.2 | the private equity managing partner who acquired two of the companies last year. Number one is that |
| 1:13.7 | most things don't matter and a few things matter a lot. And you can achieve outsides returns by only |
| 1:19.7 | focusing on those few. And so once you figure out those few things, you can ruthlessly eliminate |
| 1:25.1 | the rest. And the thing is that this is very hard because a lot of us get really excited. We've |
| 1:29.3 | got to workshops. We got to seminars. We see ads on Facebook. And we think, oh, you know, I should |
| 1:33.5 | be doing this new sexy thing. And the reality is that there are very few things that can give you |
| 1:37.5 | 10x, 50x results. And so if you just focus on those few things, you can get a lot of other stuff |
... |
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