The Game with Alex Hormozi Private Equity's Next Billionaire? (on the 10X Capital Podcast) | Ep 797
33 snips
Nov 29, 2024 
In this engaging conversation, Alex Hormozi, an entrepreneur and author, shares his remarkable journey from setbacks to amassing a net worth of $150 million. He discusses the paradox of financial resilience and the importance of an anti-fragile mindset in investment. Topics include the significance of demand generation, the power of persistence over mere intelligence, and the role of trauma in personal growth. Additionally, they explore the complexities of private equity and the traits of effective limited partners, highlighting the balance between education and real-world application.
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Hormozi's Rise and Fall (and Rise)
- Alex Hormozi's journey involved making and losing money twice in the fitness industry.
- He rebuilt his wealth through gym launches and turnarounds, eventually selling his companies for millions.
The Value of Losing
- Losing everything builds a healthy appreciation for risk and comfort with potential loss.
- This anti-fragility allows for strategic, bigger swings in investments.
Acquiring Equity with No Money Down
- Secure ownership in undervalued companies by offering operational expertise and brand leverage.
- Structure deals with profit sharing and a stake in future growth above an agreed-upon baseline.
