The Game with Alex Hormozi The Biggest Mistake I’ve Made in Business | Ep 177
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Feb 5, 2020 Success can be a double-edged sword for entrepreneurs. Many make the critical mistake of altering winning strategies, thinking they'll improve on success. Sticking to proven methods may seem boring, but it’s key to maintaining profit. Boredom can drive innovation, but it’s essential to balance new ventures with refining what already works. Consistency is heralded as the unsung hero of business growth, ensuring sustainability in an ever-changing landscape.
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Repeating Success
- The biggest mistake successful entrepreneurs make is not repeating successful actions.
- They often change their approach after initial success, leading to failure.
Sustaining Success
- The traits that lead to initial entrepreneurial success differ from those needed to sustain it.
- Maintaining success requires going against one's nature and embracing the boring work of repetition.
The Power of No
- Learn to say no to new opportunities, as their allure increases with your skill level.
- Focus on repeating successful actions instead of constantly chasing new ventures.