Rich People Behavior | Ep 574

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 8 August 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

(This episode is a re-run. Original airdate was March 30, 2021)

Did you know…Rich people actually spend less? Today, Alex (@AlexHormozi) talks about the key traits that wealthy people possess, why it’s important to possess the necessary skills that will help you on your path to success, and how to grow your money as you’re hustling.

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:

(1:07) - Wealthy people actually spend less

(3:30) - Agree on price first, then terms

(6:19) - Good deals make money; grow skills for wealth

(12:38) - Need successful character traits for success

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Transcript

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0:00.0	Hey, guys, real quick.
0:01.0	So Layland, I are definitely working on our social media presence if you guys haven't
0:03.7	noticed.
0:04.7	And we're just breaking now into LinkedIn.
0:06.0	All right.
0:07.0	It's not as bad as I thought.
0:08.0	It's actually been pretty awesome so far.
0:09.6	And you guys have been really cool in there and people are sharing our stuff a lot.
0:12.4	So if we aren't connected, on LinkedIn, go ahead and let's connect and let's rock and roll.
0:17.2	And so I ended up selling the gym for one and a half times more than I, quote, bought it
0:21.8	for, right?
0:23.2	Which I then had the gym pay for it on its own.
0:26.2	So I basically acquired a cash flowing asset for nothing and then had just acquired a
0:30.1	cash flowing asset for no money.
0:34.5	The wealthiest people in the world see business as a game.
0:36.8	This podcast, the game, is my attempt at documenting the lessons I've learned on my way to building
0:40.2	acquisition.com into a billion dollar portfolio.
0:42.4	My hope is that you use the lessons to grow your business and maybe someday soon partner
0:45.7	with us to get $200 million in beyond.
0:47.4	I hope you share and enjoy.
0:51.0	I got a message from somebody who said, you know, who's dead broke and was like, what do
0:54.7	I do?
	...

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