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The Game with Alex Hormozi

Why you should NEVER listen to your parents at any age | Ep 323

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 10 August 2021

⏱️ 7 minutes

🧾️ Download transcript

Summary

It’s better to listen to yourself. Today, Alex (@AlexHormozi) talks about why you shouldn’t listen to the advice of your parents or relatives, and how it’s easy to get caught up with not taking risks.

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:

(0:51) - Sometimes, people who are close to us become our greatest critics. When you fail, it makes it easier for them to say "I told you so"

(2:11) - The only way to not guarantee your success is not taking the risk, to begin with. They don't have an accurate understanding of risk. The biggest risk is not doing anything at all! 

(4:32) - Most people will oppose you most of the time because it is safer to do so

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, real quick. So Layland, I are definitely working on our social media presence if you guys haven't noticed and we're just breaking now into linked in.

0:06.2

Alright, it's not as bad as I thought. It's actually been pretty awesome so far and you guys have been really cool in there and people are sharing our stuff a lot.

0:12.2

So if we aren't connected on LinkedIn, go ahead and let's connect and let's rock and roll.

0:17.1

In this video, I'm going to talk to you about why you never should listen to your parents at any age.

0:22.9

Welcome to the game where we talk about how to get more customers, how to make more per customer, how to keep them longer and the many failures and lessons we have learned along the way.

0:29.7

I hope you enjoy and subscribe.

0:31.3

Hi, my name is Alex Ramozi. I own a portfolio of companies that is $85 million a year in revenue and I have absolutely nothing to sell you.

0:37.1

I make this channel because a lot of people are broken, I don't want you to be one of them.

0:39.6

And so one of the things that happened, and this is at any age, like I know guys who are making millions of millions of dollars a year,

0:44.0

but still, you know, are insecure about what their parents tell them about X-Pi-Z.

0:48.1

And so the reason I think this is interesting is that most people, unless your parents are exorbitantly wealthy and have achieved everything that you wish to achieve,

0:55.1

I don't think you should listen to your parents. And so one of my first rules of life is never to listen to someone who's poorer than you or poorer than you want to be.

1:01.3

So that's two different, you know, caveats there because you might be younger and it's like, okay, well, yeah, my parents have more money than me,

1:05.6

but like, are they poorer than you want to be? If so, then only listen to people who are wealthier than you want to be, right?

1:10.3

And the thing is is that they always will, and other people too, right, will always side on the side of being less risky, right?

1:19.1

And here's why, because when you naysay, right, it's like kind of like when you're, if someone's like, oh,

1:24.5

I don't like your girlfriend. And the thing is is that if you date in general, right, and dating can apply it like the concept of dating and apply to business concepts,

1:32.7

that doesn't really matter. But if you date, then fundamentally, every single person that you date, except for the one that you marry, is going to be someone who you're not going to be with.

1:40.7

And if someone says, I don't think this person's good, I don't think this person's good, that they will be right literally 99% of the time,

1:46.1

except for the one time that matters, right? Kind of interesting.

1:49.5

And so the thing is is most businesses fail, 95% of businesses fail within five years, right? And so most times, they are correct.

1:56.9

And so it's very easy for them to self-reinforce that they are so smart, right? And they're always right, and they can tell you I told you so, right?

...

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