Throwback: How To Get Ahead of 99% of Entrepreneurs | Ep 841

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 24 February 2025

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

Wanna scale your business? Click here.

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	Hey guys, welcome back to the game. Today's episode is a throwback city of one of our top episodes
0:07.5	of all time. And so if you are new to the channel, then you will probably like it. It's titled
0:12.9	How to Get Ahead of 99% of entrepreneurs, but it's really a podcast about leverage,
0:17.1	which is about the skills, beliefs, and traits required to get more for what you
0:21.1	put in so that you can move faster towards your goals. And I think it's one of the better things
0:26.0	I put out. So enjoy. One in every 250 businesses does over $10 million a year in sales. And that
0:31.7	means that 99% of entrepreneurs never hit it. Every business that I've started since I was 25 has
0:36.9	crossed 10 million. B2B services
0:38.6	with gym launch, B2C consumer products with prestige labs or supplement company, Alan, our B2B
0:44.2	software, and acquisition.com, which is an investment firm for all of the money that we made
0:48.8	during those businesses to invest in other ones. I feel really confident that I can talk to
0:53.3	the points of helping you go from zero to
0:55.7	a million, million to 10 million, and beyond.
0:58.0	And so this is just a visual put this in context.
1:00.3	90% of businesses never hit a million dollars a year in sales.
1:05.8	90%.
1:06.6	It doesn't look that way on Instagram, but this is the vast majority of businesses, right?
1:10.9	Now, 9% of businesses cross this million dollar threshold, right? And then only 0.4%, which is one
1:18.9	in 250, do 10 million plus. It's so rare. And so the nice thing is that success does leave clues.. I want to kind of separate this into two major categories. One is the entrepreneur and the other is the opportunity vehicle they're pursuing. You'll notice I said leverage rather than opportunity vehicle, but fundamentally leverage is the difference in what you put in and what you get out. And so you want to have the best entrepreneur getting the most out of what they put in.
1:44.7	And so if you have those two things together, then you create a $10 million plus business.
1:48.8	And if you've consumed any of my other content, I used to talk about how entrepreneurs
1:52.3	are three main things.
	...

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