The Game with Alex Hormozi

Throwback: Avoiding Bad Partners and Finding Your Own Path | Ep 950

9 snips
Sep 5, 2025
Dive into a cautionary tale about the dangers of bad business partnerships. Discover how one deceitful partner led to a massive personal loss and the crucial lessons learned from this betrayal. Alex emphasizes recognizing red flags early and highlights the importance of trusting your instincts. Through engaging anecdotes and insights, he encourages listeners to make strategic decisions and to value personal alignment in business ventures. This compelling narrative is perfect for anyone looking to navigate the tricky waters of entrepreneurship.
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ANECDOTE

From Exits To A Risky Expansion

  • Alex sold five gym locations and built a nest egg before launching a new expansion idea with a partner.
  • He used cash from earlier sales and his business account to fund fast gym launches while flying around selling gym launches.
ADVICE

Don’t Partner Without Structural Agreement

  • If you like someone but can’t agree on the partnership structure, don’t do the deal.
  • You must value each other's contributions equally before becoming co-owners.
ADVICE

Avoid Partners Who Intend To Deceive

  • Avoid partners with nefarious intentions who intend to deceive or hurt you.
  • Distinguish between aggressive self-interest and deliberate deceit when evaluating partners.
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