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The Game with Alex Hormozi

Throwback: How I Made My First Million (In Profit) | Ep 858

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 26 March 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Wanna scale your business? Click here.

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 and will learn on his path from $100M to $1B in net worth.

Follow Alex Hormozi’s Socials:

LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

Mentioned in this episode:

Get access to the free $100M Scaling Roadmap at www.acquisition.com/roadmap

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the game. Today I talk about how I made my first million, and the big difference

0:06.4

was focus, honestly. There was a clear transition point in my life where I went from doing business,

0:12.9

and I'd been doing this for years, and becoming a, I mean, crazy, I know those, but a millionaire.

0:18.9

It seems so cringe to say it. I think even saying cringe is cringe now.

0:22.5

I think it's like old people stuff now. Anyways, how I made my first million, and there was

0:27.0

significant changes in my behavior. And this podcast zooms in on that exact moment and the shift in

0:32.7

behavior and then the resulting outcome. And I think you'll probably be able to take one, two,

0:37.0

maybe more things from this episode

0:39.0

that could potentially help you out.

0:40.6

I wanna talk to you about how I made my first million dollars

0:42.7

in profit.

0:44.0

Mind you, the reason that I'm so big on profit

0:46.1

rather than revenue is that at that point,

0:48.4

I had already made, you know,

0:49.7

I was already making a couple million dollars a year

0:51.3

between all the different things that I was doing, but I was taking home basically nothing because I was so spread thin. I wasn't paying attention to profit.

0:58.0

I was just looking at revenue, trying to beef myself up and feel status rather than thinking about

1:02.0

what I was actually taking home. And I told you in a different video how I got in a head-on collision

1:08.0

in a DUI at 60 miles an hour on the highway and walked away from it.

1:11.9

And that was kind of the catalyst that ended up changing my life in a lot of ways.

1:15.6

Mostly because I decided to confront decisions that I'd been putting off and make hard calls that I didn't want to make

1:20.6

to force myself to focus on one thing.

...

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