4min chapter

The Game w/ Alex Hormozi cover image

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

The Game w/ Alex Hormozi

CHAPTER

The Importance of Comfort in Business

The amount of money that in our minds feels comfortable is typically like, at least for me, three times the yearly revenue of all the facilities I had. And so a business is a million dollars a year. Let's say you run a 20% margin, right? Like what? Which means that you're going to make $200,000 a year, but your business costs $800,00 a year. To be able to have enough money to cover the cost of that business if something happened would take five years of stockpiling,. That's kind of the irrational fear we have are like, let's say shit hits the fan, you know, I don't want to fire all my

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode