Why I Sold | Ep 373

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 8 March 2022

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It takes one giant leap to change your life. Today, Alex (@AlexHormozi) talks about the story of why he sold almost all that he had in exchange for his time, energy, and headspace. He also talks about the obstacles he had to face when making this big decision.

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:

(2:44) - There are five major themes to my story: why I sold, why I kept, the money story, my headspace, and the outcome of making the big decision

(5:54) - The story as to why I decided to sell almost all I had

(9:06) - Why I decided to keep just one of my businesses and what I wanted to focus on

(18:04) - Getting back the opportunity cost of my headspace, time, and energy

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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 not 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	I'll take you 10 seconds or one type of the thumb.
0:23.9	It would mean the absolute world to me.
0:25.3	More importantly, it may change the world of someone else.
0:28.2	I also ended up selling a 75% stake up another company.
0:30.8	So last year I sold a majority of three companies that I owned.
0:35.1	I also sold my house and I sold two in my car.
0:36.9	So I sold everything last year.
0:40.4	Welcome to the game where we talk about how to get more customers,
0:42.6	how to make more customers, how to keep them longer,
0:44.6	and the many failures and lessons we have learned along the way.
0:47.1	I hope you enjoy and subscribe.
0:50.7	Video I want to take you through the much awaited breakdown of the decision of wild,
0:55.8	ultimately sold two stakes of two of my portfolio companies at a $46.2 million valuation last year.
1:04.2	I also ended up selling a 75% stake up another company.
1:06.8	So last year I sold a majority of three companies that I owned.
1:11.1	I also sold my house and I sold two in my car.
	...

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