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The Game with Alex Hormozi

The Number One Multiplier We've Seen In Businesses | Ep 812

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 24 December 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

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 and will learn on his path from $100M to $1B in net worth.

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Transcript

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0:00.0

Learning and becoming the best person of ourselves, at least for me, is kind of the purpose of living.

0:04.0

If that is at least part of your life's purpose, then I think having somebody who supports that goal,

0:10.0

rather than someone who is neutral or detracts from it, is probably a good thing.

0:15.0

So I wanted to talk about something that's a little different than probably my normal topic, but I think really important

0:24.2

for a lot of you. It's actually about your significant other. So here's the deal. Layla and I

0:29.8

had this realization that the number one kind of multiplier or amplifier on someone's effectiveness inside the business

0:38.7

actually had a lot to do with what was going on outside of the business.

0:42.8

And what's difficult for that as a business owner is that I want to be able to predict

0:46.7

how well someone does over the long haul.

0:48.7

If many variables exist, many variables must be studied, right?

0:52.4

If we think about your subjective well-being, so your

0:55.8

happiness metric, the strongest correlate to that of all variables is the strength of your

1:01.2

relation with your significant other. Believe me, this is about making money and not being happy.

1:04.4

That's not my not my schick. So I will stay to my lane. I do think that a significant part of that is whether your significant

1:12.1

other helps you achieve your goals. And so the reason that this is so nasty is that I have had

1:20.3

people who came into our companies and were what I thought were going to be stars. And then their

1:25.5

significant other derailed them. And the reason that I think it's so

1:29.8

insidious is that it's not done out of malice. And I think that's why it's so tricky is that let's say

1:35.4

you have a tough day at work and you go home and your significant other says, ah, like, you know,

1:41.3

enough about your day. Let's talk about my day. And, you know, here's a

1:45.0

big bowl of ice cream. Or, hey, let's go see friends. All of that seems well-intentioned. The

1:51.3

question that we have to ask ourselves is, does this increase or decrease the likely that hit my

...

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