My Process For Making Huge Decisions | Ep 353

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 9 December 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mistakes love rushed decisions. Today, Alex (@AlexHormozi) talks about his decision-making framework process, how rational decisions are incredibly convenient, and how each decision we make affects almost every aspect of our lives.

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.

Timestamps:

(1:07) - We are always one decision away from changing our lives forever. Alex shares a story about the difficulties he was experiencing with making huge decisions

(3:18) - One of the key pieces on how we decide would depend on the hormones or happening within us. Emotions play a factor in making decisions. Identify your emotions right now and assess them carefully

(6:16) - Here’s how to be more rational with your decisions: get a good rest, be well-fed, and get some space away from the day-to-day activities in order to take a step back

(8:51) - Once you create this environment, you want to make the decision from a place of needing nothing. Think you already have enough with you

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Transcript

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0:00.0	Mozination real quick, if you are a business owner that has a big old business and wants to get to a much bigger business,
0:06.1	going to $50, $100,000 plus we would love to talk to you.
0:09.5	And if you like that or would like to hear more about it, go to acquisition.com and you can plan anywhere on the page
0:14.3	and talk to one of our team and see if we can help you get there.
0:17.7	In the past nine months, I've had to make a number of decisions that had a nine-figure ramification on my personal network.
0:24.9	Welcome to the game where we talk about how to get more customers, how to make more
0:28.0	pro-customer, how to keep them longer, and the many failures and lessons we have learned along the way.
0:31.9	I hope you enjoy and subscribe.
0:38.9	In the past nine months, I've had to make a number of decisions that had a nine-figure ramification on my personal network.
0:45.9	And what I want to walk you through is the actual decision making framework or process that I use to create those.
0:52.9	If you're new to the channel, my name is Oxymozzi, I'm an acquisition.com.
0:55.9	It's a portfolio of companies that is about $85 million a year and I have nothing to sell you.
0:58.9	I make these videos because a lot of people broke and I don't want to be with them.
1:02.9	The most important things that we have in our lives are our decisions.
1:06.9	One of the things that I live by is that we're one decision away from changing our life forever.
1:09.9	You're one decision away from drinking and getting killed in a car accident.
1:12.9	You're one decision away from cheating under your spouse and destroying your marriage.
1:16.9	You're one terrible comment away from destroying your child.
1:20.9	You're also one decision away from destroying your business if you so chose.
1:23.9	Decisions are the wellspring of life or at least the train track splits of where we're going to end up.
1:32.9	Learning to make the decisions is an important concept but believe it or not, for this video, what I want to focus on is actually the environment under which to make the decision.
1:41.9	During this process, one of the things that was very frustrating for me and this decision took me about 12 months to make.
	...

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