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Motivation Daily by Motiversity

THIS IS WHY ONLY 1% SUCCEED | An Eye Opening Interview with Alex Hormozi

Motivation Daily by Motiversity

Motiversity

Motivational Video, Daily Motivation, Education, Self Improvement, Self-improvement, Inspiration, Health & Fitness, Motivation Daily, Motivational, Best Motivation, Health And Fitness, Fitness, Motivational Speech, Motivation Podcast, Gym Motivation, Motivation, Motiversity, Motiversity Podcast

4.71.9K Ratings

🗓️ 6 December 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

"This is what the 1% won't tell you!" ALEX HORMOZI. How to build a $100M business!


Special thanks to Tom Bilyeu for the interview.


Speaker


Alex Hormozi


Alex Hormozi is a first-generation Iranian-American entrepreneur, investor, and philanthropist. In 2013, he started his first brick & mortar business. Within three years, he successfully scaled his business to six locations. He then sold his locations to transition to the turnaround business. From there he spent two years turning 32+ brick & mortar businesses around using the same model that made his privately owned locations successful. After that experience, he packaged his process into a licensing model which scaled to over 4000+ locations in 4 years. Over that same four-year period, he founded and scaled three other companies to $120M+ in cumulative sales across four different industries without taking on outside capital. He has scaled and exited 7 companies. His most notable exit was his majority sale of his licensing company for $46.2M in 2021.


Follow Alex

https://www.instagram.com/hormozi/

https://www.youtube.com/c/alexhormozi

https://www.acquisition.com/

https://www.linkedin.com/in/alexander...

https://twitter.com/AlexHormozi


Music:


Secession Studios



Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

For all of our die-hard fans, we've recently released our first ever limited

0:04.1

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0:07.7

This hoodie will only be available while quantity's last,

0:11.3

and it's perfect for working out, staying warm this winter, and just everyday use.

0:15.5

Head over to shopdeadmotiversity.com to grab yours today.

0:23.1

A lot of people it's the expectation that destroys their ability to be successful

0:26.0

because they expect to win on the first shot, and no one does.

0:30.6

And so it's like, are you asking the universe to be unreasonable for you

0:34.8

by expecting to be good on your first try?

0:40.5

With 20 hours of focused effort, most people can be pretty decent at something,

0:44.6

but most people spend years waiting to do the first hour.

0:50.7

How can I decrease that action threshold and get someone to just embrace the suck?

0:55.5

You should expect too suck, and it would be unreasonable for you to be good

0:58.9

if you haven't done it before. I think that most people know to get in shape to lose weight

1:04.0

whatever. They know they need to eat fewer donuts and move more in general, but they don't,

1:08.4

right? Because they're afraid of getting started, or they don't have the discipline to keep

1:11.8

going, which is they can't make the short-term sacrifice for the long-term achievement.

1:16.0

Once people understand you're going to fail, and you're going to fail a lot,

1:19.1

if you can't deal with that failure, then you won't do the things you need to do to

1:23.4

ultimately be successful. Most people had a graveyard of failures before they had their actual

1:30.4

first success. Is this the path for me? Well, if I started something, I would be more likely to be

1:39.2

successful than if I did not start anything. Like when you squat, first time you squat,

...

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