The Game w/ Alex Hormozi

Don’t bite off more than you can chew. Today, Alex (@AlexHormozi) discusses a common mistake that entrepreneurs do when it comes to taking on more opportunities than they can handle, the parallel between lifting weights and doing business, and why focusing on one thing at a time will give you the best results than dipping your feet into many ponds at the same time.

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:

(1:56) - The parallel between lifting weights and business: if you go above your strength level it becomes too risky. Adding weight to the bar is the complexity in the business. Whereas simplicity oftentimes is what scales.

(3:32) - Entrepreneurs tend to make the mistake of putting on shoes that are too big for them to fit. You might be going for something that is way too advanced. Ask yourself first, “What problem are we solving?”

(5:11) - Alex shares a story about a friend who offered a lot of services at the same time and why this will cause more harm than good

(7:08) Another big mistake entrepreneurs do is they try to solve their business growth by globbing as many different things as they possibly can. You distract ourselves from the core business opportunity

(8:37) - Alex shares the time he made the mistake of globbing at too many opportunities, what he learned about focusing on one thing one at a time, and how repetition plays an important role

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