The Game with Alex Hormozi

Throwback: How To Get Ahead of 99% of Entrepreneurs | Ep 841

17 snips
Feb 24, 2025
Discover how to escape from the chains of limiting beliefs and unleash your entrepreneurial potential. Explore the powerful concept of leverage and the four types that can elevate your business. Learn why mastering foundational skills is crucial for success and how 'ignorance debt' can impact your financial growth. Dive into effective strategies for building wealth through skill acquisition and the importance of sales and marketing mastery for overcoming financial hurdles.
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INSIGHT

Rarity of $10M+ Businesses

  • Only a tiny fraction of businesses, 0.4%, surpass $10 million in yearly sales.
  • Success, however, leaves clues, offering insights for aspiring entrepreneurs.
INSIGHT

Skills and Beliefs

  • Character traits are essentially skills, and both hard and soft skills can be trained.
  • Soft skills, often harder to measure, are crucial for gaining influence within organizations.
ANECDOTE

CrossFit App Success

  • A CrossFit Games competitor, despite having a great fitness app, didn't market it due to limiting beliefs about not winning.
  • Upon posting once, he doubled his app revenue, proving the power of overcoming self-doubt.
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