The Game with Alex Hormozi How I'm building a BILLION DOLLAR empire working 2-3 days per week | Ep 322
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Aug 3, 2021 Boredom can be a secret ingredient to success in business. Embracing constraints can make your entrepreneurial journey more engaging. Sacrifice is necessary for future gains, balancing personal and professional life. Mastery should come before delegation; first, achieve something significant before passing it on. The pursuit of growth doesn't always mean chasing new ideas; improvement often lies in refining what already exists.
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Trash Business Success
- Alex Hormozi's neighbor sold his trash business for a substantial sum.
- After his non-compete ended, he planned to start another trash business, highlighting the value of sticking with what you know.
Redefining Growth
- Entrepreneurs often equate growth with novelty, seeking new challenges instead of mastering existing ones.
- True growth involves developing persistence and refining skills within a proven area, similar to real estate moguls.
Seeking New Challenges
- Several successful internet marketers, bored with their achievements, considered starting software companies.
- Hormozi points out the irony of leaving a mastered field to compete with established players in a new one.