My First Million cover image

My First Million

Alex Hormozi: Why He's Trying To Make More Money & How He's Doing It

Jun 6, 2023
In a revealing conversation, Alex Hormozi, founder of GymLaunch and Acquisition.com, shares his journey and insights. He discusses his regrets about selling his previous business and the excitement surrounding his new ventures. The conversation highlights the balance of fame and personal life, touching on the importance of trust in partnerships. Alex also shares the secrets to a successful marriage and offers a peek into his minimalist lifestyle, emphasizing the value of authenticity in both business and relationships.
01:24:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The desire for wealth and success is driven by the realization that as people's desires change, new deficits are created, motivating them to continue accumulating wealth.
  • Making space in life and constantly setting new goals is essential to staying motivated in the game of business.

Deep dives

The Shift in Desires and Creating a New Deficit

The speaker discusses how the things people want to buy change over time, leading to the creation of new deficits for the amount of wealth they desire. This realization drives them to continue playing the game of accumulating wealth and success.

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