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#510June 6, 20231:24:32

Alex Hormozi: Why He's Trying To Make More Money & How He's Doi…

About This Episode

Alex Hormozi joins the podcast to discuss the inner workings of Acquisition.com and the strategic value of building a massive personal brand to fuel proprietary deal flow. The conversation explores the transition from tactical business execution to long-term wealth compounding, emphasizing the importance of hiring elite talent and building high-performance cultures. Hormozi also reveals his personal philosophies on lifestyle optimization, the "infinite game" of business, and his shift toward majority investments for greater operational control.

Episode Description

Shaan's Free Workshop --> http://bit.ly/3INb6EV Episode 462: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk with Alex Hormozi (@AlexHormozi), founder of GymLaunch and Acquisition.com, about what he regrets about selling his business and why he's pumped about starting a new one, how he spends his money, and his secret to a successful marriage. Want to see more MFM? Subscribe to the MFM YouTube channel here. Check Out Shaan's Stuff: * Power Writing Course * Daily Newsletter Check Out Sam's Stuff: * Hampton * Ideation Bootcamp * Copy That -----

Show Notes

  • 04:00- Upsides and Downsides of being famous
  • 10:45- Status of Acquisition
  • 31:55- Regrets about selling
  • 41:30- Why do people get mega rich?
  • 58:20- Who do you admire?
  • 01:04:40- Secrets of successful marriages
  • 01:13:30- What products/brands are you obsessed with?
  • 01:18:10- What are you doing with your money?
  • -----

Links

  • * Acquisition
  • * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel.
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  • Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more.
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  • Additional episodes you might enjoy:
  • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits
  • #209 Gary Vaynerchuk - Why NFTS Are the Future
  • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto
  • * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett
  • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates
  • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More
  • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Check Out Shaan's Stuff

  • * Power Writing Course
  • * Daily Newsletter

Check Out Sam's Stuff

  • * Hampton
  • * Ideation Bootcamp
  • * Copy That
  • ----

Key Takeaways

1

Scale your business by recruiting specialists who have already successfully managed the specific growth phase you are entering, such as hiring a controller with experience scaling from $1M to $3M in monthly revenue.

2

Transition from a tactician to a strategist by learning how to use non-personally guaranteed debt to de-risk personal capital while maintaining significant equity upside.

3

Implement a management system centered on immediate praise rather than punishment to build a high-retention culture that out-compounds competitors in the long term.

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Quick Stats

Duration1:24:32
Guests1
Ideas Discussed0
Topics4