In this chapter, they discuss the vision and purpose behind acquisition.com and how it serves as their family office for investing in businesses. They talk about their goal of building a personal brand that attracts founders and investors who share their values and mission. They also mention the importance of finding businesses with compounding vehicles for long-term growth and success.
"You want to own the business, not have the business own you.” Today, join Alex (@AlexHormozi) as he guests on The Game Changing Attorney Podcast with Michael Mogill to discusses the importance of building a good product, relinquishing control as an entrepreneur, and the concept of compounding in business. The conversation also touches on the challenges of ego, the readiness of a product, and the perspective on competition. This is part 2 of the interview.
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.
Check out the episode on The Game Changing Attorney Podcast's YouTube Channel!
Timestamps:
(1:29) - Relinquishing control struggles
(6:10) - Vision for acquisition
(10:21) - Identifying readiness
(13:31) - Small-business competition fixation
(17:31) - AI discussion
(19:48) - Traits vs skills
(22:39) - Motivation beyond money
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