Acquisition.com is looking for an ideal company to invest in. They want a company with revenue between two to ten million dollars and a founder who wants to scale. They want someone with big dreams, who is coachable and willing to go for a 20X or 50X return. They had a company that tripled profit but the CEO gave up because he was already making a lot of money. Acquisition.com wants to do big things and is searching for someone with big eyes.
"Most times the focus is that people can't say no to the fast money. And by doing that, they say no to the big money (…) which is the money you got to wait for.” Today, join Alex (@AlexHormozi) as he guests on the Founder Podcast with Chris Lee to discuss the shift from business to investing and the mindset required for success. They talk about the importance of creating value and attracting potential investments. The hosts also share their criteria for the ideal company to invest in, including a strong founder who wants to scale and has big dreams. This is part 2 of the interview.
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.
Check out the episode on the Founder Podcast’s YouTube Channel!
Timestamps:
(3:45) - Identify motivation, admit weakness for improvement.
(10:38) - Self-deception in valuing businesses.
(13:00) - Focus on long-term success.
(15:08) - Shift from business to investing.
(19:46) - Different pain, different businesses.
(26:50) - Leverage existing opportunities.
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