The Game w/ Alex Hormozi cover image

The Game w/ Alex Hormozi

Game Theory - Infinite vs Finite Games and how it can massively TRANSFORM your business... 🔥👨🏻 THIS IS REALLY COOL! | Ep 60

Jun 12, 2018
10:09

Podcast summary created with Snipd AI

Quick takeaways

  • Shifting from a finite game mentality to an infinite game mentality can transform how we approach business and decision-making.
  • In business, the objective is not to win but to outlast, making strategic, long-term decisions for lasting success.

Deep dives

Finite games versus infinite games

In this podcast episode, the speaker introduces the concept of finite games and infinite games within the context of game theory and business. Finite games have known players, fixed rules, and winning as the objective. Examples include baseball. On the other hand, infinite games involve both known and unknown players, changeable rules, and the goal is to keep the game going. The speaker highlights how business is actually an infinite game, where the objective is to outlast rather than to win. Shifting the perspective from playing to outlast instead of playing to win can fundamentally change how one approaches business and decision-making.

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