The Game with Alex Hormozi

The Shift from Business to Investing (on the Founder Podcast) Pt.2 - July ‘23 | Ep 607

45 snips
Sep 16, 2023
Chris Lee, co-host of the Founder Podcast, chats with entrepreneur and investor Alex Hormozi about the critical transition from running a business to pursuing investments. They delve into the importance of valuing long-term success over quick money, highlighting the traits of purpose-driven founders. The conversation touches on identifying red flags in potential partners and the necessary mindset shifts for aspiring investors. With insights on leveraging current opportunities, they emphasize patience and resilience in the complex world of investing.
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ADVICE

Ideal Investment Target

  • Look for founders who want to scale and have big dreams, not those satisfied with small gains.
  • Prioritize coachable founders with whom you enjoy interacting and who possess long-term visions.
ANECDOTE

Golfing CEO

  • Alex Hormozi had a CEO who prioritized golfing after tripling his income, hindering further growth.
  • This highlights the need for founders driven by more than just immediate financial gains.
ADVICE

Identifying Driven Founders

  • Identify founders driven by impact, industry change, or self-improvement, not just money.
  • Look for language patterns revealing their desire for growth, big visions, and continuous improvement.
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