Get an inside look at Shopify's exponential growth and its impact on the e-commerce industry! Today, Alex (@AlexHormozi) is joined by Shopify’s President, Harley Finkelstein, as he dives deep into the philosophy and operation of the company, learning how the platform has become a cornerstone for modern entrepreneurs. He reveals the key factors behind Shopify's user-friendly design, robust support system, and its vision for the future of commerce. The conversation also highlights the role of innovation and customer focus in driving business growth.
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:
(0:00) - Introduction and the excitement of entrepreneurship
(3:01) - Journey from zero to hero
(5:56) - Entrepreneurship and the t-shirt business
(8:47) - Starting my own DJ business
(11:47) - Starting a snowboard shop
(14:47) - Starting a business by solving your own problem
(17:27) - Increasing your luck surface area
(20:19) - The lowest cost of failure in starting a business
(23:28) - Shifting towards business owners
(26:36) - Focusing on SMBs and e-commerce
(29:41) - Key business principles
(32:55) - Building a long-term business with patience and generosity
(36:03) - The Build the Business competition and its impact on growth
(38:55) - Scaling and growth strategies on Shopify
(41:44) - Finding the perfect fit for your product
(44:31) - Authentic sponsorships and growth strategies
(47:30) - Building partnerships for business growth
(50:21) - Creating your own affiliate program
(53:02) - Making partners rich
(56:10) - Building generational wealth through sharing
(59:02) - The power of vulnerability
(1:02:11) - Shopify's founders mentality
(1:05:26) - The importance of employee tracks and transparency in communication
(1:08:19) - The importance of specialization and teamwork
(1:11:07) - Importance of micromanagement as a leader
(1:13:49) - Alignment and disagreement in Shopify
(1:16:53) - The changing landscape of retail
(1:20:03) - Authenticity and being yourself
(1:22:51) - Authenticity and connecting with others in entrepreneurship
(1:25:38) - Find your passion and solve a problem
(1:28:35) - A fun and valuable conversation with Alex
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