The Game with Alex Hormozi What I Learned Investing in 24 Companies in 24 Months
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Dec 11, 2024 The host shares insights from investing in 24 companies over 24 months, emphasizing the importance of selecting quality talent. A pivotal shift in resource allocation significantly boosted returns by focusing on promising investments. The discussion also highlights a philosophy of balancing effort in investments and the necessity of partnering with skilled teams. The evolving understanding of talent's role in business strategy underscores the value of 'A players' and building robust networks to navigate the complexities of entrepreneurship.
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Investing Experience
- Alex Hormozi invested in 24 companies over 24 months and later divested from most of them, keeping only six.
- This reflects the 80/20 rule, where most returns come from a small number of investments.
Prioritize Effective Companies
- Prioritize companies based on their effectiveness and returns.
- Focus on the best-performing companies rather than struggling ones.
Bet on the Jockey
- Bet on the jockey (the founder), not just the horse (the business idea).
- The quality of people building the business determines its success.