“This is what hard feels like...” 🔥🔥🔥🔥 a lesson that impacted my life early on. | Ep 48

The Game with Alex Hormozi

Alex Hormozi

Business, Education, Entrepreneurship, How To

4.9 • 4.8K Ratings

🗓️ 7 May 2018

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

"I have this fundamental belief that people don't try hard." Today, Alex (@AlexHormozi) shares a personal story about how joining a fraternity in college helped him understand the value of hard work and persistence. He also discusses the importance of trying hard in business and not giving up when faced with challenges.

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

Timestamps:

(0:37) - Pledging process: education, indoctrination, bonding with members.

(5:23) - Entrepreneurs expect easy success, struggle with challenges.

(6:38) - Hard work required for success despite difficulties.

(9:30) - Most businesses fail due to incompetence and lack of effort.

(10:36) - Many struggle, not enough effort to succeed.

(13:52) - Innovation from trying and testing, not just theorizing.

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Transcript

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0:00.0	Real quick guys, if you can think about how you found this podcast, somebody probably
0:03.8	tweeted it, told you about it, shared it on Instagram, or something like that.
0:07.5	The only way this grows is through word of mouth. And so I don't run ads, I don't do sponsorships,
0:12.2	I don't sell anything. My only ask is that you continue to pay it forward, do whoever showed you,
0:16.4	or however you found out about this podcast that you do the exact same thing. So if it was a review,
0:21.0	if it was a post, if you do that, it would mean the world to me and you'll throw some good comment
0:24.3	out there for another entrepreneur. Hey, what's going on, everyone? Hope you guys have an awesome
0:28.3	Monday. I'm actually from my kitchen table right now, because for some reason, the Wi-Fi in my little
0:34.8	box is going a little slow. So anyways, I wanted to tell you a story that I woke up with on my mind,
0:39.4	and so I figured I would trade with you, it was actually from back in the days of college.
0:46.6	And when I was 18, 18 years old, I was a freshman. And one of the most impactful experiences in my life
0:54.1	that I don't talk about a lot, but was one of the probably the periods of time where I
0:57.7	underwent the most change as a person was when I was 19, and I decided to join a fraternity. Now,
1:05.8	I know that plenty of people have lots of negative stereotypes about them, and that's fine,
1:11.5	and you're totally entitled to that. But I want to tell you a story that really changed me a lot.
1:17.7	And it was when we decided to pledge. And so the pledging process for this, if you don't know,
1:23.3	basically where, I mean, the way it's supposed to work is you're supposed to be educated about,
1:27.7	you know, the group, et cetera, and kind of indoctrinated. And the idea is the harder that the
1:34.1	harder the process is that you have to go through to get into a group, and this is psychological,
1:40.4	the more you value the membership, right, which is just totally true, just from a psychological
1:45.2	basis. So the harder you have to, the harder you go through, and the more misery and suffering you
1:50.0	go through, especially with another group of people, the more bonding you have with that group of
	...

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