The Man That Makes Millionaires: Turn $100 to $10k With This Step By Step Formula & Build An Audience From 0 Followers! Alex Hormozi

The Diary Of A CEO with Steven Bartlett

FlightStory

Society & Culture, Business, Education

4.6 • 13.2K Ratings

🗓️ 13 February 2025

⏱️ 194 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are these simple things keeping you broke? Alex Hormozi reveals the biggest business lies you’ve been told and the formula to turn $1,000 into $100 million Alex Hormozi is an Iranian-American entrepreneur, investor, philanthropist and founder of Acquisition.com. He is the author of books such as ‘$100M Leads: How to Get Strangers To Want To Buy Your Stuff’ and $100M Offers: How To Make Offers So Good People Feel Stupid Saying No’. In this conversation, Alex and Steven discuss topics such as, how to escape a 9 to 5 life, the exact formula to triple your net worth, how to build an audience from 0 followers, and how to REALLY succeed with your business model. 00:00 Intro 02:13 What Would You Say to the Millions of Entrepreneurs That Follow You? 03:18 What Entrepreneurs Really Need 12:03 Is There a Framework for Knowing When to Quit? 16:05 Fear vs. Logic: How to Think Rationally 19:08 Your Decisions Are Driven by Self-Awareness 23:35 What to Do When You Quit Your Job: The 4 P's 24:42 Pain as a Driver 27:29 Mercenaries and Missionaries in Business 32:30 Just One P Will Make You Succeed! 35:47 What's the Cheat Code to Win at the Game of Attention? 39:33 The Winning Strategy for 2025 49:08 How Important Are People in the Business Journey? 56:46 First-Time Founders Need to Know This About Recruiting 59:09 A-Players Hire A-Players 01:01:40 The Ability to Have Hard Conversations Sooner 01:09:31 Be Kind, Not Nice, as a Manager 01:15:42 How to Not F*ck Up in the Hiring Process 01:23:40 How Do You Know They're Not BSing You in the Interview? 01:24:42 How to Hire Great People If You Don't Have the Money 01:27:56 The Pros and Cons of Experienced vs. Less Experienced Employees 01:29:58 The 4 R's 01:33:08 How to Be Prepared for the Rollercoaster of Building a Business 01:55:35 What Successful Companies Do 01:57:58 How to Double Your Business Growth 02:10:45 How to Help a Founder Who's About to Quit—They Can't Take It Anymore 02:16:40 The Old Innovators' Dilemma and How to Adapt 02:25:46 Your Rate of Experimentation Has to Be Higher Than Your Competitors! 02:29:03 Do Mentors Matter in Our Journey? 02:37:18 Parrots vs. Practitioners: The Best Way to Learn 02:42:16 The Founder Mode 02:46:44 Founders and the Competitors Around Them 02:49:07 Work-Life Balance 02:56:28 The Mantra That Helped Me 03:03:36 How to Drive Meaning from Your Life 03:09:43 What Is the Meaning of Life? Follow Alex: Instagram - https://g2ul0.app.link/EBxnhGYpNQb Twitter - https://g2ul0.app.link/wucQ8x0pNQb YouTube: You can purchase Alex’s book, ‘$100M Leads: How to Get Strangers To Want To Buy Your Stuff’, here: https://amzn.to/413cH2K Spotify: You can purchase Alex’s book, ‘$100M Leads: How to Get Strangers To Want To Buy Your Stuff’, here: https://g2ul0.app.link/WcEZGF3pNQb Watch the episodes on Youtube - https://g2ul0.app.link/DOACEpisodes My new book! 'The 33 Laws Of Business & Life' is out now - https://g2ul0.app.link/DOACBook You can purchase the The Diary Of A CEO Conversation Cards: Second Edition, here: https://g2ul0.app.link/f31dsUttKKb Follow me: https://g2ul0.app.link/gnGqL4IsKKb Sponsors: Adobe - https://www.adobe.com/uk/express/spotlight/stevenbartlett?sdid=5NHJ82ZD&mv=social ZOE - http://joinzoe.com with code BARTLETT10 for 10% off Shopify - https://shopify.com/bartlett Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you want to make more money, you might want to consider doing this.
0:03.2	So number one is hold that thought for just a second, because the thing that comes before the mat is Ms. Graffing.
0:09.2	Oh, God.
0:10.2	This is the entrepreneur life cycle, and there are six stages.
0:13.0	Now, the vast majority of people get stuck on stage three.
0:15.9	I've made some of the biggest career mistakes at this point, and you ended up living the same six months for 20 straight years, suffering until you learn how to break free from it. I want to go through the whole thing.
0:24.9	This is going to be awesome. Alex Formose is the master of business strategy, an artist and
0:29.9	scaling companies into the millions and a leading voice in how to craft your way to success.
0:34.0	He's an entrepreneurial powerhouse. Whether you're starting out or want to go from $1 million to $10 million, there are certain behaviors and actions that will increase the
0:40.5	likelihood of success that we're going to throw. But here's the really hard truth that a lot of
0:44.2	people don't like talking about. Entrepreneurs must be willing to make impossible choices. Have
0:48.1	the courage to be willing to be wrong, have shame by failing at things in front of people whose opinions they carry. And that fear keeps people stuck in a job and a life they don't want for years.
0:57.8	And that was my pat.
0:58.6	I had a white-collar job, a condo overlooking the city.
1:00.7	Everything is according to plan.
1:02.3	And I remember thinking, like, I didn't want to be alive because I was so afraid.
1:07.3	But once you get over the fear, it unleashes this whole new realm of possibility of being
1:11.7	able to do what you want. And that is when you can learn the real game of entrepreneurship,
1:15.6	such as knowing that business ideas typically come from one of three pieces. And you only need
1:18.8	one of those three. And then there's the four hours for customer success, how to learn new skills
1:22.6	quickly, how to stand out in a competitive market, the winning strategy for 2025, and so much more.
1:28.1	So where shall I start?
	...

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