The Game with Alex Hormozi

Alex Hormozi
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Jun 2, 2022 • 13min

Why Starting A Software Company is a Terrible Idea | Ep 395

Just stick to your game, and nothing else. Today, Alex (@AlexHormozi) talks about why it's not always rainbows and sunshine when thinking about starting a software company, how the industry is a highly competitive space, and why many entrepreneurs who try starting end up failing hard.Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(2:35) - Skilled or risk-aware to start software company(4:00) - Future company value based on sales and longevity(7:41) - Uninformed founders hinder software company acquisitions(8:46) - Stick to your game, serve customers, run ads(12:17) - Solving problems with time and effort brings fulfillmentFollow Alex Hormozi’s Socials:LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition
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May 31, 2022 • 17min

Labeling, Suffering, and the Human Condition | Ep 394

Explore how labeling can significantly shape our perceptions and emotional health. The discussion reveals the dangers of misinterpretation and societal pressures on mental health. It also redefines suffering as a vital aspect of the human experience, promoting acceptance of emotional ups and downs for a more fulfilling life. The concept of embracing the 'middle path' encourages a balanced approach to life, urging us to accept our emotions without judgment.
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May 26, 2022 • 9min

How to Identify How Wealthy Someone is Going to Be | Ep 393

Discover the two key traits that can predict future wealth and how to harness them for your own success. Explore the importance of expanding your financial vocabulary and how it can shape your perspective on opportunities. Understand the significance of patience and long-term thinking, illustrated by the marshmallow test. Learn how surrounding yourself with successful individuals can elevate your journey toward financial independence.
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May 24, 2022 • 12min

Selecting Exceptional Salespeople | Ep 392

Only SELECT the best of the best. Today, Alex (@AlexHormozi) talks about the essential steps to hiring exceptional salespeople for your team, tips on recognizing talent, and how much of a difference it can make to your team! Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(2:18) - Alex's first encounter with an exceptional salesperson on his team.(3:47) - Filter interviews, recognize talented ones, don't settle for "good enough".(5:44) - Consider affordability and those already working elsewhere for exceptional salespeople.(7:41) - Training is a reminder, selecting salespeople is about direction.(10:39) - Setting higher standards removes those dragging down team performance.Follow Alex Hormozi’s Socials:LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition
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May 19, 2022 • 14min

Why LTV's Are Important In Business | Ep 391

I don't know what an LTV is. Today, Alex (@AlexHormozi) talks about the different ways you can calculate your company's LTV and why this is an important aspect to know about your business.Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(1:00) - Know important entrepreneurship metric; 3 ways to calculate it.(7:49) - Basics of using LTV to project; deeper look.(11:23) - Fix churn, reach $1 Million/month; 3 ways to get there.(12:59) - Acquisition.com approach to business problems.Follow Alex Hormozi’s Socials:LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition
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May 17, 2022 • 9min

Avoid Hearing "I left my Wallet at Home" During a Sale | Ep 390

Ask if they have their ID on them, this will show you what you need to know. Today, Alex (@AlexHormozi) talks about how to avoid tanking a sales pitch and getting the "I left my wallet at home" excuse. Hint, setting the scene and building trust is key to a successful sale. Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(0:44) - How to set up a sale to avoid hearing " I left my wallet at home"(2:00) - Build their trust by grabbing their ID and giving it back. (3:44) - Remind them of the sale, and ask them to pull out their phone. (6:53) - Ask them if they are sure they still want to push through.Follow Alex Hormozi’s Socials:LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition
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May 12, 2022 • 8min

Why Unicorn Closes are Great | Ep 389

Discover the magic of unicorn closes in sales, where the right approach can transform a hesitant 'no' into a joyful 'yes.' Learn the nuances of tone and rapport that can make or break a deal. Alex shares handy follow-up questions to keep conversations flowing. Dive into key techniques like the 'Unicorn Close' and '1 to 10 Close' that prioritize the customer’s perspective. This isn't just about closing sales; it's about mastering the art of connection in business!
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May 10, 2022 • 24min

Why You Should Stay Poor to Succeed | Ep 388

Discover the intriguing concept of inversion thinking, which flips conventional wisdom on its head. Learn about 28 detrimental habits to avoid to boost your financial success. The discussion highlights the importance of personal self-worth and the perils of overspending. Uncover essential principles for achieving success, focusing on self-reliance and resilience. Plus, gain access to a free resource designed to help manage business growth effectively. This episode encourages actionable steps toward improvement and long-term wealth.
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May 5, 2022 • 9min

Why You Should Buy on Margin | Ep 387

Discover the strategy of margin loans that allows the wealthy to acquire assets while minimizing taxes. Learn how to safely navigate the risks involved in this investment approach. Hear personal anecdotes that emphasize the importance of understanding your own risk tolerance. Explore the careful application of margin borrowing to avoid major losses and common pitfalls. Plus, find a free resource to help businesses tackle growth challenges effectively!
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May 3, 2022 • 13min

Why Looking for the Right Founder Is Important | Ep 386

The right founder will take YEARS to build something BIG! Today, Alex (@AlexHormozi) talks about things to look out for in founders. Your judgment of character plays a big role and can be challenging, learn some tips and red flags to watch out for here!Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.Timestamps:(0:56) - Three elements when looking into a company: audience, structure, founder(2:51) - Four red flags when assessing a company's founder(7:30) - Be aware of your company, avoid ignorance(10:32) - Avoid emotional decisions to prevent bad choicesFollow Alex Hormozi’s Socials:LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition

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