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It's worse to lie than tell the truth about your intent. Today, Alex (@AlexHormozi) talks about why being upfront with your intentions is much better especially when it comes to the topic of making money, dealing with negotiations, how saying no is oftentimes the right decision, and how you shouldn’t trust those who say “I don’t care about the money”.
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:
(1:51) - The reason why people are perceived to only care about making money: They’re ruthless, they’re clear. They are honest about who they are and their intentions from the beginning. Most people are here to make a profit.
(3:08) - It is a major red flag when you come across someone who says they don’t care about making money. The people who lie about it are the ones that you need to be the most.
(4:59) - The book that Alex mentions talks about three types of people: “I’m here for the money”, “I don’t care about the money”, and “You know what? I just value our relationship above everything else.”
(6:22) - Saying no to 99% of all the opportunities presented to you & the difference of those who are good vs. those who aren’t is the number of mistakes and the gravity of mistakes made
(8:03) - When dealing with negotiations, you have to absolutely transparent to the other. Be clear with your intentions. Keep in mind that you want to get the other person to talk first. Make sure you want to be there for the long-term, and not just “put the relationship first”
(12:05) - Sometimes you need to think about business like it’s a marriage. You have to be abundantly clear with your intentions, how the dynamic works, and so on
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