

Starting From Zero | Ep 689
119 snips Mar 25, 2024
Venture into the art of resilience and strategic thinking as Alex dives into the importance of learning from past mistakes. Discover how to build businesses without upfront capital by leveraging skills instead. He emphasizes the power of asking the right questions to transform challenges into opportunities, showcasing inspiring stories of adaptability. With a focus on cash flow positive strategies, this discussion is packed with insights for budding entrepreneurs aiming for remarkable growth.
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Planning for Contingencies
- Have a plan B and contingencies, even if you're committed to plan A.
- Knowing your alternatives reduces fear and allows for unknowns.
Sales as a Backup Skill
- Alex Hormozi developed sales skills at his gym as a backup plan.
- He considered selling cars or mortgages if the gym failed.
Twice From Zero
- Alex Hormozi lost everything twice, once due to a payment processor issue and gym refunds.
- He used his remaining credit card and skills to rebuild.