The Game with Alex Hormozi

You Can't Lose If You Don't Quit (w/ Ed Mylett) Pt. 2 - Aug. '22 | Ep 477

Dec 24, 2022

In this engaging conversation, Ed Mylett, a motivational speaker and entrepreneur, joins Alex Hormozi to explore critical life lessons from personal struggles. They dive into the power of perseverance, emphasizing that quitting isn’t an option for success. Their discussion uncovers the intriguing concept of 'scarcity stacking' in marketing, showcasing how urgency can drive customer engagement. They also reflect on how fear can be a motivating force and share strategies for navigating business challenges while maintaining focus on controllable factors.

29:47

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Episode guests

Ed Mylett

Highlights

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Episode notes

The Importance of Leveraging Fear

01:45

Intro

2min

Navigating Fear and Gratitude for Business Resilience

4min

The Power of Perseverance and the Mindset of Success

3min

Mastering Scarcity in Marketing

3min

Harnessing Scarcity and Urgency for Business Success

16min

And so I was so afraid of losing that, just not quitting became the one thing... Today, join Alex (@AlexHormozi) as he guests on Ed Mylett’s Show to talk about the kind of mindset he had when he was at one of the lowest points in his life, what is scarcity stacking and how the concept of FOMO is being used in business. 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 Ed Mylett’s YouTube Channel!

Timestamps:

(1:35) - Belief contradictions coexisting within.

(3:26) - Alex's focus during life's lowest point: Controllable aspects.

(8:42) - Exploring the "Scarcity Stack" concept.

(14:05) - FOMO creation: Scarcity and urgency as key elements.

(20:05) - Marketing and product creation intertwined; skill development insight.

(26:50) - Would Alex revisit past struggles given the chance?

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