Documenting lessons from past experiences, whether successes or failures, is crucial for achieving long-term success in business. By learning from past mistakes and successes, one can avoid repeating errors and ensure the replication of successful actions. Thorough preparation, training, and addressing potential issues through alpha and beta phases can lead to successful launches and sustained revenue growth. Acknowledging the effort, time, and resources invested in previous achievements underscores the importance of being prepared to pay the price for success in future endeavors.
"I can't keep repeating these same mistakes... I have to find a way to learn from this." In this episode, Alex (@AlexHormozi) breaks down the importance of documenting failures in business & the process he's been doing for over a decade that he attributes much of his success to.
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:
(0:52) An Interesting Thing Happened...
(4:15) Small Business Owners Have This Problem
(10:00) What I Learned From ALAN
(13:25) How this helps with Content
(17:39) Biggest Meta-Lesson
(20:03)Document Everything Publicly
(26:24) Bonus Q&A
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