Calculated Decisions: Risk, Reward, and Entrepreneurship (with Erika Kullberg) Pt.1 - Apr. ‘23 | Ep 567

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 22 July 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

“But the difference between somebody who's loyal or not is whether they cheat, right? And so I think that it's the same thing with patience. It's the same thing with honesty.” Today, join Alex (@AlexHormozi) as he guests on Erika Taught Me to share his insights on the importance of accepting that success is the result of many small things, not just one big thing. He also discusses his journey from quitting his corporate job to starting a gym and eventually launching his own successful business. This is part 1 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 Erika Kullberg's YouTube Channel!

Timestamps:

(2:53) - Success requires consistent effort

(4:19) - Take calculated risks in life

(9:01) - Entrepreneurship can replace traditional education

(13:32) - Importance of internal validation

(19:03) - Actions define character traits

(22:40) - Action leads to true learning

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Transcript

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0:00.0	I felt very confident that I would either get what I wanted or die.
0:03.8	Because I was just in a tremendous amount of pain in the need of validation from exterior
0:07.4	that that pain was motivation enough for me to just continue to drive no matter what happened
0:11.8	until I got where I wanted to be.
0:16.9	Welcome to the game where we talk about how to get more customers, how to make more
0:19.8	customers, how to keep them longer, and the many failures and lessons we have learned along the way.
0:23.6	I hope you enjoy and subscribe.
0:25.4	Alex, what is a view that you have that got you to where you are at today that most people
0:33.2	would disagree with?
0:34.1	I guess the more commonly held views, I'll answer the question in a roundabout way,
0:38.2	the more commonly held views that things should be fast and they are just missing this one thing.
0:43.1	And if they had that one thing, they would be successful.
0:45.9	But the reality is, it isn't one thing, it's a hundred small things.
0:49.6	And if you can accept that it's a hundred small things, then you don't expect something to
0:52.8	happen overnight and you don't expect some secret that you're going to find.
0:56.1	You don't put your hope in a mentor or to be a savior for you and you realize that you were
1:02.1	the only person who's going to have complete control over your own life.
1:06.2	You're the only one who can at least influence it.
1:07.9	And so if you shift to that mentality, then everything's your fault.
1:12.5	And then you actually can start making progress.
1:14.7	And what did it take for you to realize that?
1:16.9	I think I always thought that.
	...

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