Turning Setbacks into Success (on Diary Of A CEO) Pt.1 - Apr. ‘23 | Ep 546

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 3 June 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

"Our goal is always to hopefully provide more value to a company before they've ever spoken to us." Today, join Alex (@AlexHormozi) as he guests on Diary of a CEO to share his personal story of growing up with immigrant parents and feeling the pressure to fulfill his father's dreams. He discusses his journey of leaving a successful job and starting his own business, how meeting his wife changed his life, and provides insights into entrepreneurship, personal growth, and the importance of believing in oneself. This is part 1 of the interview.

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.

Check out the episode on Diary Of A CEO's YouTube Channel!

Timestamps:

(3:05) - Leaving job to start a business, fulfilling father's expectations

(8:20) - Breaking free from family expectations, finding support

(26:59) - Making $60,000 in one day, changing the business trajectory

(30:42) - Starting multiple companies, asking "why" in entrepreneurship

(46:50) - Turning negative emotions into motivation, the importance of input-output

(54:34) - Accepting current reality, finding joy in work

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Transcript

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0:00.0	I feel like I fundamentally a lot of times don't understand the world.
0:02.5	And so, I think the reason that some people have found the content and things like that
0:06.5	good or useful is because they feel like they can understand it.
0:09.9	It's just because I didn't get it, right?
0:12.0	And so, I just make an attempt to define the terms that a lot of us use every day,
0:15.5	and then it makes a lot easier to solve for those things in business.
0:21.2	Welcome to the game where we talk about how to get more customers, how to make more
0:24.0	customers, how to keep them longer, and the many failures and lessons we have learned along the way.
0:28.0	I hope you enjoy and subscribe.
0:31.6	I spend several hours consuming all of your content across multiple channels.
0:37.6	What is the aim? What is the mission? What is the intent?
0:43.5	If you were to try and summarize the content you're producing and the value you're trying to add
0:48.8	and to who are you trying to add it to, to make business accessible for everyone.
0:55.7	That was the mission of the company.
0:57.3	And so, our whole idea was, we'll put everything out there for free.
1:03.4	So, no paywalls. So, there's like we have courses on the site.
1:06.8	The books I have for 99 cents so that anyone can get them.
1:11.2	And we'll continue to produce as much as we can.
1:13.6	And we share the learnings that we have from our portfolio companies
1:18.5	in order to keep the stuff that we are putting out there, relevant, new, fresh,
1:21.5	cutting edge because this is what's working today.
1:24.2	And by doing that, it also brings other companies to us because they get value from the stuff.
	...

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