The Game with Alex Hormozi

This is Our Competitive Edge | Ep 417

16 snips
Aug 2, 2022
Discover the power of core values that guide successful businesses, including insights from a $100 million portfolio company. Learn how personal truths can shape your guiding principles and why fewer values can often lead to clearer focus. Alex emphasizes the importance of candor and feedback for competitive success, and highlights how understanding market dynamics can enhance earning potential. Tune in for strategies on negotiating compensation and maximizing value in both business and employment.
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ADVICE

Variables Influencing Pay

  • Understand the variables influencing pay to earn more.
  • Consider value provided, negotiation skills, and replaceability.
ADVICE

Earning More

  • Create more value, negotiate effectively, and consider supply and demand dynamics.
  • Use multiple lenses to see and communicate the value you provide.
ANECDOTE

Car Value Analogy

  • A father uses a car analogy to teach his son about value.
  • The car's perceived worth changes based on who assesses it, highlighting the importance of audience.
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