The Game with Alex Hormozi Throwback: Getting Bad Advice from Good People | Ep 907
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Jun 13, 2025 This episode explores the pitfalls of receiving advice from well-meaning people and how it can lead to poor decisions. It emphasizes the importance of rationality in evaluating guidance that might drain your resources. Alex shares insights on why letting go of unproductive ventures is crucial for personal growth. He stresses the value of decisive action in entrepreneurship, encouraging commitment to decisions and seeking advice from experienced mentors to navigate business challenges.
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Commit Fully After Logical Decisions
- Make major decisions in a non-emotional, neutral state to think logically.
- Once decided, commit fully and move on to evaluate opportunity costs effectively.
Selling Gyms for Bigger Opportunities
- Alex sold five gyms and closed one quickly to move on to a bigger opportunity.
- He chose speed over ideal sale price, which allowed him to start new profitable ventures fast.
Contextualize Advice for Yourself
- Evaluate advice in context: some guidance suits employees, others entrepreneurs.
- Focus on opportunity cost to decide if advice fits your current situation.