Why Incentives Can Get People to Do What You Want | Ep 384

10:13

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Being a good entrepreneur and leader ATTRACTS good outcomes. Today, Alex (@AlexHormozi) talks about how you can get people to do what you want them to do through incentives. Learn how to properly decide on what incentives and punishments you can implement to gain success.

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:

(0:45) - How you can get people to do things you want them to do through incentives.

(2:21) - The plus and minus on how to properly give incentives.

(4:54) - Incentives drive behavior! However, punishment makes them avoid doing what you want them to do.

(7:06) - Positive feedback makes performance improve.

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