2min snip

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

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode