The Perfect Business | Ep 282

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 2 March 2021

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Do you have what it takes to own a “perfect” business? Today, Alex (@AlexHormozi) talks about what the perfect business looks like to him, the factors that contribute to this vision, and shares some characteristics we need in order to get ourselves on the road to this ultimate goal.

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:

(2:53) - The three main factors to look for in a business: unique, expensive, and sticky air

(6:30) - Markets are built on information, advantages, information, inefficiencies, meaning one person, the seller knows more than the buyer

(10:13) - The three characteristics that we need to embody: risk-averse, long-term thinking, and unteachable character

(15:26) - People who have unteachable character are not trying to get rich quickly. They're trying to build something of value

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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	Unique, expensive, sticky, air.
0:35.8	Welcome to the game where we talk about how to get more customers,
0:38.1	how to make more customers, how to keep them longer,
0:40.1	and the many failures and lessons we have learned along the way.
0:42.6	I hope you enjoy and subscribe.
0:45.0	What's going on over what Happy Tuesday?
0:46.4	I hope you guys are pumped for today's podcast such video.
0:50.9	I've been looking forward to this one for a little bit and if I sound a little bit stuffed up,
0:54.0	it's because I have two passive tubes that are like four inches long
0:57.0	in each of my nostrils.
0:58.8	But that was no reason to not give you guys some sick stuff for business stuff.
1:02.9	And this is mostly just for me too.
1:04.7	So anyways, Pucka Love, hope you enjoyed.
	...

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