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The "New" Entrepreneurial Golden Resource - Originally Run 07/2018 | Ep 214
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In order to grow, you need to do less. Today, Alex (@AlexHormozi) gives us insightful advice on how to say no to opportunities that spread your attention too thin, how you can start focusing on more important endeavors, and growing your individual character traits as you progress in your entrepreneurial journey.
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:
(1:52) - “Time is money”. Alex shares with us why he thinks it’s actually “attention is money”
(3:32) - It’s difficult for entrepreneurs to focus because of their trait of being go-getters. They are risk-averse, innovators, and builders. There is a constant need to keep creating. You have to change your own individual character traits in order to progress as a business owner
(5:58) - You have to learn how to say no to opportunities that take your attention away. The number one thing that you have to be paying attention to is where you are paying your attention
(10:24) - The moment you focus on where your attention goes, what used to be difficult for you suddenly becomes easier. The wiser person sees things that the other person does it.
(13:41) - The question Alex always asks other entrepreneurs he gets to meet is, “What's your attention on & where's your attention?” The moment they seem all over the place, they’ve probably spread themselves too thin.
(16:01) - Remember, do one thing and focus on it. If you handle more than one business, there’s a chance both can take off and that will automatically divide your attention and cause you some trouble
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