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The Game with Alex Hormozi

The Benefits of Having Nothing to Lose (with Chris Williamson) - Pt.1 - Apr. ‘23 | Ep 552

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 17 June 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

“If you continue to disprove your imposter syndrome in the real world and it persists, you have to admit to yourself that it's got nothing to do with your capabilities…” Today, join Alex (@AlexHormozi) as he guests on Modern Wisdom with Chris Williamson to discuss various topics including changing your environment to improve your life, the importance of gamifying content creation, and the benefits of eliminating downside to increase action. They also touch on the concept of shame existing in the shadows and how confronting specific fears and limiting beliefs can lead to personal growth. This is part 1 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 Chris Williamson’s YouTube Channel!

Timestamps:

(1:46) - Nimble people see disadvantages as nothing to lose.

(7:53) - Consistency is key; don't focus on the endgame.

(18:24) - Identify why you don't like something and make changes.

(26:14) - Celebrate small wins to build the evidence of success.

(37:47) - Embrace the difficulties to feel better.

(44:28) - Stop ignoring the truth; criticism can be valuable.

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Transcript

Click on a timestamp to play from that location

0:00.0

You wanted this thing, you expected to be hard, reality now matches conditions.

0:03.7

So our expectations now match conditions. This is what hard feels like.

0:06.6

And then all of a sudden it's like they got permission to feel shitty.

0:09.1

And by getting permission to feel shitty, they stop feeling a shitty because they're like,

0:11.8

this is just my new world.

0:16.0

Welcome to the game where we talk about how to get more customers, how to make more

0:18.9

customer and how to keep them longer. And the many failures and lessons we have learned

0:22.1

along the way. I hope you enjoy and subscribe.

0:26.3

One of my favorite things to do is to scrape through people's

0:29.0

twitters that are aphorists and come up with little pity statements and then break them down.

0:34.4

So I want to go through some of the things that I've learned from you over the last year or so

0:39.0

go into those. And then there's some talking points that I don't think I've heard you speak

0:43.2

about before as well. I want to get on to.

0:45.1

Yep.

0:46.3

Beautiful. So the first one is so many lives would transform overnight if they realized

0:51.8

my life sucks. I have nothing going for me. Really means I have nothing to lose.

0:56.8

And that makes you a very dangerous person.

1:00.4

So in any kind of game position, so like in business, right,

1:05.9

every position has advantages and disadvantages. And a lot of people look at the really big guys

1:09.5

and they're like, man, they like they're like they're looking at me like, must be easy for Alex,

1:14.8

right? And I remember when we had Jim launch and we had a very big company, I would tell the

1:21.1

guys who are coming up is like, if you're trying to compete against me, I was like, you have

...

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