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In college, the focus was on proving how smart you are, but in the real world, constantly talking prevents learning and growth.
To change a bad reputation and gain respect, start by respecting yourself and behaving in a way that aligns with the person you want to be.
To effectively communicate what your business does, provide people with simple language they can easily understand and use to explain your product or service.
Rather than reading many mediocre books, it is more valuable to read one great book multiple times, ensuring a deep understanding and the ability to apply the knowledge.
Successful individuals prioritize their time and commitments, eliminating distractions and saying no to everything that does not align with their goals.
Building positive sentiment and influence with others can compound at a faster rate than monetary wealth, making it a valuable asset to focus on.
Realizing that others' opinions become insignificant after death allows you to focus on your own path and goals without being influenced by external judgment.
Success stems from consistently doing ordinary tasks exceptionally well and with dedication, rather than seeking shortcuts or immediate success.
Prioritize activities that are worth doing and dedicate the time and effort necessary to excel in them, rather than attempting to complete numerous tasks with subpar results.
Recognize that most things in life are negotiable, but maintain a strong stance on your values and do not compromise them during negotiations.
True humility involves increasing your regard for others and focusing less on oneself, which in turn leads to gaining respect and status within groups.
Shift the focus from seeking constant happiness to actively engaging in meaningful actions and learning, which eventually leads to a sense of fulfillment and progress.
Understand the cyclical nature of entrepreneurship, where failure leads to learning, learning leads to success, and success can breed complacency, potentially leading to failure again.
Investing in gaining access to knowledge and insights from those who are ahead in business can accelerate personal growth and reveal obvious truths that were previously unknown.
The actual entrepreneurial cycle (…) It's not a destination. It's not linear. It's cyclical.” Today, Alex (@AlexHormozi) shares valuable life lessons and experiences in business and personal growth. Topics covered include continuous learning, embracing humility, recognizing the cyclical nature of success and failure, persistence, negotiation skills, and the importance of long-term commitment and focus. He also emphasizes the value of paying to learn from those more successful to accelerate one's own path to success.
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.
Timestamps:
(0:39) - #1: You make better decisions and you learn more by assuming that you're dumber than everyone else.
(4:04) - #2: The hardest respect to earn is one’s own.
(5:26) #3: If you want to control what people think, control what they say.
(6:53) - #4: You get more out of reading one book that's great five times than out of reading five mediocre books
(9:22) - #5: Most champions do not have something that you do not. They lack something that you have.
(10:20) - #6: Goodwill compounds faster than money.
(11:29) - #7: You're going to die. And two weeks after you die, most people will have forgotten about you.
(12:23) - #8: Extraordinary accomplishments come from doing ordinary things for extraordinary periods of time.
(14:09) - #9: If it's worth doing, it's worth doing well.
(16:43) - #10: Be willing to negotiate everything except for your values.
(19:17) - #11: Humility.
(21:32) - #12: The happy man has a thousand wishes. The sad man has one.
(24:19) - #13: Failure leads to learning. Learning leads to success. Success leads to complacency, complacency leads to failure.
(26:30) - Bonus: I would pay any amount of money to make obvious truths real for me.
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
(This episode is a re-run. Original airdate was on November 8, 2022)
Mentioned in this episode:
Get access to the free $100M Scaling Roadmap at www.acquisition.com/roadmap
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