You Can't Lose If You Don't Quit (w/ Ed Mylett) Pt. 2 - Aug. '22 | Ep 477

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 24 December 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

And so I was so afraid of losing that, just not quitting became the one thing... Today, join Alex (@AlexHormozi) as he guests on Ed Mylett’s Show to talk about the kind of mindset he had when he was at one of the lowest points in his life, what is scarcity stacking and how the concept of FOMO is being used in business. This is part 2 of the interview.

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.

Check out the episode on Ed Mylett’s YouTube Channel!

Timestamps:

(1:35) - You already believe multiple contradictory things At the same time

(3:26) - During the lowest point of Alex’s life, he only focused on the controllable

(8:42) - The concept of “Scarcity Stack”

(14:05) - The two elements in creating FOMO: scarcity & urgency

(20:05) - “You only sell because you don't know how to market… you only market because you don't know how to build a product.”

(26:50) - Would Alex relive the struggles he went through if he went back in time?

Follow Alex Hormozi’s Socials:

Transcript

Click on a timestamp to play from that location

0:00.0	There is an actual cap on your business as it currently stands.
0:02.8	You're just not articulating it because you're afraid of saying,
0:05.4	well, if I can only take 10 people,
0:06.9	then they'll think I'm a small business or whatever.
0:08.9	But if you said I only take 10 people,
0:11.0	even though it is your actual cap,
0:12.9	it has a very different feel to it.
0:16.6	The wealthiest people in the world see business as a game.
0:18.8	This podcast, the game, is my attempt
0:20.4	at documenting the lessons I've learned on my way
0:22.1	to building acquisition.com into a billion dollar portfolio.
0:24.9	My hope is that you use the lessons to grow your business
0:26.7	and maybe someday soon partner with us
0:28.1	to get to $100 million in beyond.
0:29.6	I hope you share and enjoy.
0:32.2	I think that duality is super powerful.
0:34.1	So that's why I wanted to stack them.
0:35.7	We'll talk about other stacks in the minute too.
0:37.8	Stack them back to back because I think you can hold two
0:41.0	thoughts at one time.
0:41.8	I think you can have this concept about your life
0:43.9	where you want to reflect on the final days,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Alex Hormozi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Alex Hormozi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.