The Perfect Business | Ep 282

17:42

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Do you have what it takes to own a “perfect” business? Today, Alex (@AlexHormozi) talks about what the perfect business looks like to him, the factors that contribute to this vision, and shares some characteristics we need in order to get ourselves on the road to this ultimate goal.

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:

(2:53) - The three main factors to look for in a business: unique, expensive, and sticky air

(6:30) - Markets are built on information, advantages, information, inefficiencies, meaning one person, the seller knows more than the buyer

(10:13) - The three characteristics that we need to embody: risk-averse, long-term thinking, and unteachable character

(15:26) - People who have unteachable character are not trying to get rich quickly. They're trying to build something of value

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