The Game w/ Alex Hormozi

People who don’t understand probability don’t know the word “Luck”. Today, Alex (@AlexHormozi) shares a quick lesson he learned while he was talking to his 18-year-old neighbor about probability, luck, why volume negates both those factors, and tries to paint a different frame of seeing success & the work required to get there.

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:

(1:14) - Probability outcome: if you’re a business owner you have to gamble on marketing and assess the probability that you'll get a return on that investment.

(2:19) - Alex dives into how volume plays a major factor in negating luck and probability

(3:15) - The moment a person realizes that they’re reaching their desired outcome, they’re unwilling to continue and say “this is not for me”.

(6:06) - The only thing that separates you from what you want is “skill”

(8:32) - Alex talks about the question he asked his neighbor and how he’s “already twice as wealthy as the average college person who would be leaving”

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Volume Negates Luck | Ep 267