The Entrepreneurial Journey | Ep 296

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 29 April 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

A lack of control to complete control. Today, Alex (@AlexHormozi) talks about the hardships entrepreneurs face in the industry, the one component that is stopping them from moving forward, and how to properly manage this once you’ve encountered it.

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:

(1:20) - The reason entrepreneurship is so difficult is that it forces you to change who you are, your identity, etc.

(3:15) - The issue is Control. It is always uncomfortable because the thing that you are now holding onto is the thing that you have to give up

(6:39) - As you continue to buy back, I think the question that I like to ask myself is what am I, what am I trying to control?

(7:48) - You relinquish control, but you still take full accountability and responsibility for the results

(9:23) - Giving control to others: you're not gonna build something great without trusting other people.

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Transcript

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0:00.0	Real quick, you guys already know that I don't run any ads on this and I don't sell anything.
0:04.6	The only ask that I can ever have are you guys that you help me spread the words.
0:07.8	We can have more entrepreneurs, make more money, feed their families,
0:10.9	make better products, and have better experiences for their employees and customers.
0:14.9	The only way we do that is if you can rate and review and share this podcast.
0:19.4	The single thing that I have to do is leave review,
0:21.9	take you 10 seconds or one type of the thumb,
0:23.9	it would mean the absolute world to me, and more importantly,
0:26.0	it may change the world of someone else.
0:28.3	The reason entrepreneurship is so difficult is because it forces you to change who you are,
0:32.0	your identity, the values that you supposedly have as you continue to grow.
0:35.2	I'm not saying you're honesty, etc. those types of values,
0:38.0	but the way that you see the world and how you operate.
0:41.9	Welcome to the game where we talk about how to get more customers,
0:44.1	how to make more customers, how to keep them longer,
0:46.1	and the many failures and lessons we have learned along the way.
0:48.6	I hope you enjoy and subscribe.
0:50.4	What's going on, everyone?
0:51.3	Alex Mosey here, three companies who now have done over $110 million in sales,
0:57.6	and this video I want to talk about the entrepreneurial journey as it relates to control.
1:02.8	The reason I think this is so important,
1:04.1	and this is probably the biggest reason that people get stuck.
	...

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