You will never make it... a back of napkin breakdown | Ep 109

The Game with Alex Hormozi

Alex Hormozi

How To, Entrepreneurship, Business, Education

4.9 • 4.8K Ratings

🗓️ 28 February 2019

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Believe it or not, entrepreneurs get stressed about money even if they make tons of it. Today, Alex (@AlexHormozi) discusses the fallacy of never having enough money, exploring the stress and pressure of running a business and the importance of having a cushion of money saved. He also provides tips for entrepreneurs to manage the financial stress of their business.

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.

Timestamps:

(1:00) - Understanding the fallacy of never having enough

(2:46) - The stress of running a business

(3:53) - The financial stress of entrepreneurship

(7:55) - Understanding the cycle of stress and success

(9:01) - The reality of floating a business

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Transcript

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0:00.0	What's going on everybody?
0:01.0	I'm bringing some more books, but I wanted to say that if you haven't checked out $100
0:03.8	million offers, I would definitely suggest that you start there.
0:06.3	I've gotten some solid feedback and it couldn't be happier with this number one ranking
0:09.9	on Amazon for direct marketing and over 5,000 five star reviews.
0:13.8	So thank you guys so much for that.
0:15.2	It's 164 pages.
0:16.2	I really can help you out.
0:17.8	It takes about four hours to get through.
0:19.6	Check it out on Amazon.
0:20.6	The Kindle book is 99 cents.
0:22.5	The audiobook is as low as they'll let me put it on for it.
0:24.7	So I think it's 12 bucks.
0:26.2	So enjoy that and let's start the podcast.
0:29.0	So here's a deal.
0:30.5	One of the things that Layla and I were talking about this morning was the concept of making
0:33.8	it and Grant Cardone was talking about this in one of his videos I think a year ago about
0:38.4	how they're like, we're just like, when do we really make it?
0:41.8	Like he was talking to Atlanta like, yeah, but like when are we going to really make it?
0:45.2	And so and Layla and I were thinking about this this morning because like you constantly
0:48.6	feel the pressure of like wanting to stockpile away more money, wanting to stockpile way
0:54.0	more.
	...

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