The Game with Alex Hormozi cover image

My Guide For Doing Business With Friends | Ep 772

The Game with Alex Hormozi

NOTE

Confrontation Fuels Business Success

Avoiding hard decisions and opting for informal agreements with friends can lead to disastrous outcomes in business, especially without a history of successful collaboration or clear written expectations. To maintain friendships while navigating business dealings, it is crucial to treat professional relationships with the same seriousness as adversarial ones. Engaging in open, challenging conversations is vital for personal and business growth, as these discussions often unlock opportunities. Role-playing difficult scenarios, such as confrontational reactions, helps mitigate fear. Employing clear, direct communication techniques, such as seeking clarification and repeating back information, ensures all parties understand their responsibilities and the terms of an agreement, ultimately fostering better cooperation and accountability.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner