2020 Lessons & Failures | Ep 270

01:04:03

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How bad do you want, what you claim to want? In this highly requested episode, Alex (@AlexHormozi) shares with us the lessons and failures that he took away from 2020, reflections on his notes, and what he learned in perhaps his largest year of growth yet.

If you'd like to go back and listen to Alex's recap of 2019, click on this link. 2019 Failures and Lessons

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:

(3:10) -  His thoughts on the phrases “what does this person have that I don't?” vs. “what do they lack that I have?”, hiring good talent, additional acquisition channels, finding people with preloaded solutions, & providing more value in a strategic way to the marketplace

(11:00) - How 2020 was a humbling year for Alex, the concept of “scale to zero”, company growth without hiring people, and his mistake with data management

(23:30) - Alex’s thoughts of having 3 businesses, irreversible vs. reversible decisions, having a bigger purpose after reaching milestones, & entrepreneurship coming in cycles or seasons

(40:20) - Finding the best solutions to problems, understanding an expanded time horizon, the summary of his 2020 lessons and failures

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