This chapter explores the significance of emotional reactivity and leadership dynamics when selecting a founder for a company. It delves into how emotional reactivity can impact decision making and how interpersonal drama and misalignment can affect leadership dynamics. The chapter also briefly touches on potential issues such as unsupportive spouses, inequitable equity distribution, and complex cap tables, and includes an ad for a business acquisition service.
“It takes years, not months.” Today, Alex (@AlexHormozi) discusses the importance of finding the right founder for a company. He emphasizes the qualities and traits they look for in founders when considering investment opportunities.
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:
(1:47) - Three disqualifying traits for founders: ego, lack of focus, emotional reactivity.
(4:50) - Impact of leadership dynamics on company's success.
(6:36) - Strategies for improving focus and judgment in team selection.
(9:45) - Ego: talk less, listen more, test self-awareness.
(12:22) - Work on yourself to become worthy of success.
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(This episode is a re-run. Original airdate was May 03, 2022)