The Game w/ Alex Hormozi

It’s better to recognize an error early than never. Today, Alex (@AlexHormozi) breaks down the roles of each partner, and how to know whether or not it’s a smart decision to pursue the partnership depending on your situation.

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:

(1:53) - 1st reason: If you’re starting out, it’s better to not have partners & 2nd reason: Don’t accept it if there are no terms or agreement (contract)

(4:24) - The 3 pillars of a business: acquisition, product, and operations. Make sure that if you do get into a partnership, your partner has one of these pillars

(9:26) - the reason most businesses stay small is that they think small and they act small

(12:07) - Bonus fact: Alex noticed that usually married couples who start a business together usually last longer

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How To Avoid Bad Partnerships | Ep 278