the BIGGEST mistake i made from listening to all the other business coaches i was paying, they all told me to push for top line revenue so they could inflate their testimonials not really teaching that i should have been ONLY focusing on getting better and PROFITABILITY, optimizing for bottom line instead of top line, this video is on point💯💯
Nice bro that you’re able to recognize your mistakes and yes it’s true this is why mentorships and courses are not as valuable as before. Most of them all sell stuff they don’t even practice.
@@AmericazGotTalentYT not blaming those coaches, im saying the mistake was a personal one on where I was focusing my energy. My energy was directed towards what I was being taught and therefore I didn’t properly reflect on my own experiences and just blindly followed advice. The mistake is my own, not any one elses.
I’m in a coaching program. My coaches insist on getting good, enquiry skills and doing the work. my content is derived from the work I have done, documenting my journey.
It's true, i forgot i was even trying to get rich and started working on discipline, working out, spending habits, working referrals like crazy. Already doing 300% from last years revenue and just in a better mental health overall.
Same here. I started learning to make my own clothes because fashionable & well fitting men's clothing sucks to find (or it's wayyyy too expensive) I got so absorbed in making things perfect, regarding techniques and quality that I had over 50 people (friends of friends who heard about my hobby) knocking at my door every weekend because they wanted stuff made by me...and I haven't even officially opened a shop or anything. I've only been doing this for about 10 months. I'm still a tailoring "student" or "apprentice". I'm scared I won't be able to handle this full time. It started out as just a hobby. Now it's more pressure 🥲
this dude is the best free management consultant on the planet right now, this talk was 100% truth, you can tell alex deals with some real crappy small business owners everyday and can see all the issues these businesses have
Entrepreneurship is more about self improvement than it is business. Learning “business” is easy - improving yourself to act out why you learn is the hard part - mainly because it takes a lot longer than most are willing to admit.
This is SO true. If I squeezed out 50% of what I could from my knowledge, wisdom, experience, and general skillset, I would be a millionaire many times over. Instead, let’s just say that’s not the case at present. Self-discipline and general self-improvement sometimes feels like the -only- real challenge.. and man, is it a big one. 😮
I'm highly skeptical of anyone in business, especially people who talk about it online, and especially anything in sales. But this video is exactly the reason why my bullshit meter hasn't gone off for this guy. I've watched hours of his content on my long commutes, and over and over again it's this same stuff. Him preaching that being ethnical in business will make you successful. No shortcuts, no tips and tricks, no fluff, not lying or stealing or getting one over on a person. Just a massive amount of hard work, building a great product/service that is so enriching to a person's life, and being good to the customer so they want to work with you. Thanks Alex. You give me hope that someone who wants to run a business doesn't need to be a piece of shit to succeed.
Many (most?) of us have been conditioned to equate “sales” with being underhanded, deceitful, duplicitous, snake oil etc., but I essentially work in sales (I run a restaurant) and my approach from the very beginning has been to: be extremely honest (ex. I will tell guests what I personally like and dislike on my own menu with zero hesitation, but I will also balance that with letting them know what OTHERS enjoy), let them be without being ever pushy (ex. if someone comes in and only wants fries, I will never try to push a steak or a glass of wine to go with their fries; if that’s all they want, so be it), deliver a great ‘product’ (I’m lumping together service and the food/drinks), if someone doesn’t like something I will almost always drastically reduce, if not completely comp whatever it is that they didn’t like, and I top that off with being friendly, hospitable, easily accessible to help me spearhead quite a successful business, with zero need to cut corners or be a grimy, conniving, lying sack of sh1t just because “sales”. It’s by doing all of that up above and by adhering to the long game that has led us to success.
100% agree. Is it possible Alex is a scammer? Sure it is. We never really know any of these TH-cam influencer ppl. But if he is a scammer, he's not giving the major get-rich quick sus advice scammer vibes, so he'd have to be hiding it really well. His pointers to me so far, seem to align with ethical intelligent principles of business.
"Don't wish it were easier, wish you were better. Don't wish for fewer problems, wish for more skills. Don't wish for less challenge, wish for more wisdom." - Jim Rohn
The hard honest delivery in your voice, is like the brother/ friend who always kick ass in life and would come home to visit have fun with you and talk real quick for 30 mins like this, and the very end , be like "so what are we doing tonight "
I've been running my small automotive business for 16 years, 3 things matter almost entirely in my business, honesty, quality of work, protecting the client from themselves. I dont advertise, I have too much work, I dont want to grow larger. So you could say I'm not ambitious
Good to hear what you said man !! I am from automotive world as well, worked with regular cars , drag racing and Indy cars team ! Now I am trying to make a business around that automotive area but 100% online helping people with specific knowledge that I deeply searched to check a demand for that, but I have to make a decision about how I will do Custumer acquisition you know, Facebook ads, google ads or organic building audience! I have everything ready but this part has been a challenge to me !! Any thoughts, I will definitely appreciate it!!
@matheuszelada3073 I don't think that is a good business model. It sounds like you are trying to be an internet freelance shop Foreman / consultant. People googling for help with automotive stuff typically are trying to do things themselves because they don't have money to hire someone, so you are already targeting a poor demographic. Theres one or two websites that do this type ofnthing you describe. They charge just a couple bucks to ask a question. I don't think there's a lot of money in it, I dont believe you could make any money without significant scale. Unlike solving people's automotive problems in person, which doesn't require scale to make significant money due to the high margins.
A compendious summary for the video: - Focus on improving the quality of your products (to the most painstaking details) , not solely leads. - Stick to your promise, don’t diversify too prematurely ( from the problem you initially attempt to solve ) - Build a trustworthy brand - Put up with the exacting nature of product enhancement. Entrepreneurship is a game of will, of discipline and of delayed gratification.
Love it. Everyone is distracted. Everyone is soft and have no work ethic. So true. Entrepreneurship is a battle of wills. Alex I am working on delivering a product that is better than the competition. That’s it.
Alex. Youre a GOD bro. I started an etsy store last year with my partner and we have been on a roller coaster. We started to realize that we needed to give the best graphics the best blanks we could afford and the best click through experience to stand out from the sea of mediocre. Now focused on quality and unique designs not ads and chasing sales and looking to build durable momentum and eventually move to our own website and an identifiable brand. Thankyou.
Awesome. I just started selling on Amazon, and now I know what to focus on. Not expanding the portfolio, not driving more traffic, just getting the product better.
This year's challenges will undoubtedly be more difficult. Looking back, I realized that I was so focused with my portfolio that I made disastrous financial decisions for the entire preceding year. I had to pick between increasing my investments and purchasing a house. After choosing to sell my investments, I discovered that the property I had purchased required more maintenance than I had anticipated. Trying to find out how much longer I can take this is becoming increasingly difficult.
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
This is 1000% true as a content creator too. Rather than optimizing for hashtags, focus on telling the best story possible that will benefit REAL people , and create something enjoyable to watch. Thx Hormozi
So glad these are back to long-form without all the beep boop noises and crazy animations. Just solid gold content (which never needed "jazzing up"). Thanks!
I love his scoldings unlike other gurus scolding. He actually have actionable steps unlike other gurus who only talk about how you 'dont work hard enough'. Yes he do say that we dont work as hard as we could, but he talk about how to work hard and smart.
The three P's of business: Promise, Prep, Product. You promise to solve an issue. Now that you know your promise, prepare yourself and your team/product to be sold. Finally, refine your product before, during and after you launch the business.
I love this episode. For the last few years, I have been constantly refining and improving my business, BUT, it was cus I was chasing revenue and made a lot of dumb mistakes along the way, some of them but me in the asse recently. In the past 6 months, I've almost entirely let go of vanity metrics like revenue and just been ruthlessly improving onboarding, delivery, service, ops, comms, systems and backend. To the point where when I get on sales calls, my conviction is waaaay higher now and I close more. Sales has been a challenge and I'm still getting kicked in the teeth daily, but knowing you have a great service that is continuing to improve above all else, gives you a load more confidence to push on the frontend. Thanks again Alex, love these talks 💪
Alex, often I just put your videos on the headphones while doing chores around the house, but the last few minutes of this one made me stop doing what I was doing to pause the video, push the Like button, and let you this comment giving you props for the awesome content you give out. Hats off to you sir! 💯
I am so relieved to see this video, there are so many people who treat your early content like gospel. Quality always outperforms quantity because it leads to customer retention.
Great locker room talk, too many are overworking not becoming better and therefore making their product better as a biproduct. Doing more does help but until your consciousness and habits change your income won’t change.
3:27 I noticed this about creative people (artists, chefs, musicians, etc.) who make lots of money. They concentrate on the product. They’re perfectionists & relentless in executing their vision. They won’t put out anything bad that’s attached to their name.
Man I am just blown away by this 30 mins of GOLD! I haven't planned starting business yet cuz I am still a student in school and I am only 17 rn, but having such information about business is just a life changer! I know no matter how much we thank you, it's not enough. But hey, thanks a ton!
Alex, I’ve been here since you only had one comma in your subscriber total. I continue to watch because you aren’t afraid to say the thing that needs said. You are right, my competition is soft!
This kind of content is that make Alex truly remarkable. I love him for it. So many times people forget about this. You can start with a shitty or good enough product when testing early, but you must get better always and forever. Alex lives this in his content and everything he does.
21:43 LOL "No one thinks". Relating to the conversation around this point of the video, I was recently watching a Jordan B. Peterson clip where he was on a talk show talking to a lady and he made a point that in order to think you have to be offensive. People understand that concept and are very willing to offend others to think and to make THEIR POINT, but when it comes to risking offending themselves to think openly and understand reality so many people are too feeble to do it. So prideful because their sense of self comes from their beliefs which creates this loop where you're just constantly reinforcing yourself not able to objectively analyze reality for pursuit of progressing.
The information all the influencers are giving aren't new(including me) , it has always been there . Taking action is more important, throughout history those who've used this information and turned it into knowledge and have taken action , has always achieved
This kind of content is that make Alex truly remarkable. I love him for it. So many times people forget about this. You can start with a shitty or good enough product when testing early, but you must get better always and forever and that’s how you grow. Alex lives this in his content and everything he does. Thank you Alex 🙏
❤ this was right on time 😂 when I lost my mother I almost lost my business 💯 it severely impacted my abilities to focus on the details I did very well and I def self sabotaged a bit
The more you know, the more you know that you don't know, but also you realise that others may not know much more either. Thank you Alex. Learning everyday. Alain Faber
I absolutely love this! At 14:00 you absolutely obliterate the money grabbers. If more people thought this way about building a business that ACTUALLY makes change and ACTUALLY provides value, and ACTUALLY fulfills the promise you made in your content and ads then the money will come as a byproduct. 💯 this is what business needs! lol I don’t even listen to music anymore when I workout..just Hormozi videos 😂
I've paid thousands in programs and worked my face off for $36,000/yr at best thos problems and that work got me to $150k/yr salary... I started listening to Alex and Leila and started sharing and applying what they were teaching and we just had our first $33,000 month. Their stuff works 💯 I'll never be able to pay them back, but I promise to pay it forward every chance I get.
This video gave me the biggest insights by telling me that Working on getting rich and not making your service the best is the WORST THING I Was Doing. Now I have understood that Work to make your Skill the Best in the Market and then See your Business grow exponentially 📈🚀
This is my first comment on Alex's video and i just wanna thank him for sharing his wisdom. Thanks a lot man! You helped me to start my own business. I owe to you.
Yes! I used to explain to my crew, if we aren’t putting out a great product with customer service to match, I’m just paying to bring people in and piss them off 🤷🏾♂️
Success isnt something you pursue its something you attract by becoming attractive. The whole "chase the bag culture" has been lied to the cap stops here
I’m a fashion designer and made a bag that was selling a lot I made it different colors and sizes but then I realized I could be making it so much better if I just took it off my site and took my time to redesign it and price it up. I took a major loss doing that but now I have a much better product and once it starts selling again I know it will be an even bigger hit! Good things take time
Alex, this video is incredible, exceptional. I watch more than half of your videos, and this one hits hard. Thank you for sharing everything you know for FREE and helping the world this way
This has to be the realest business video I have ever seen. Being part of Gym Launch taught me how to continually improve our experience. I’m so glad that I have spent time offering better service. This video has encouraged me to work even more on the end service. Thanks Alex.
Thank you Mr Hormozi I appreciate you and your channel . I am an author / writer and what you said has helped me tremendously ( yes also have a family owned company I help run )…but I am a creative at heart. Bless you 🙏💖
spot on here Hormozi... you gotta be aware of the details OF THE DETAILS and the discipline (courage) to execute with a philosophy of continuous improvement 💪
I'm glad I had parents who were supportive and patient with me when I was building my business, I instinctively worked on quality of my work to new customers over profitability. Slowly but surely, word of mouth goes around and now I focus on getting new jobs while I'm getting my work made from suppliers who match my quality. Guys please you gotta sacrifice a lot of your time over money in the beginning in order to gain customer satisfaction and word of mouth etc. it gets easier later on
You know, Ive followed you for some time now, and we have some mutual friends in your circle that I do business with. Ive just recently gone public with how to grow and exit digital assets in 6 months simple frameworks. You speak truth Brother, keep the vibes, you're a legend!!! Key Framework, is build a self sustaining ecosystem that allows your money to work for you...
You are great Alex just watched two videos and you changed my whole mindset, i used to think that business is only marketing and sales but no now i understand what business is.
Dear Alex… I never need to get passed 30 seconds of your video before your dropping gems. For the sake of the new subscribers watch the whole thing. But why go passed it when you clearly give us all we need in 12 seconds lol I’ve seen this in my life so many times. Once i start to improve everything improves. If I ever stop improving literally everything stops and goes backward it’s crazy.
That is the opposite advice if 'just start' which resonates more with me. Im in the process of building my holiday let management business and am naturally building my knowledge and the back end first before i feel comfortable getting my first client and im doing this intuitively because i want to be able to deliver what i say i can. So the'just start advive is great as long as its just start on building your knowledge and making sure you have you have everything in place before you go looking for customers, otherwise youll be scrambling once you have your customer which could make you look bad and lead to negative referrals. Obviously im certainly no expert but this just seems like the best way to go. Its like the dont run before you can walk saying x
I wouldn't say I accidentally got rich, but I really earned much money by honing in the technical and skill side of things. It became a matter of "you get so good they can't ignore you" which some of you may know that as a book of Cal Newport lol. It's crazy, being rich isn't even an outcome I worked towards, but skills are really just that valuable.
Wow, I can’t believe do you know John Paul. my mother Carolyn worked for him for about 20 years for Paul Mitchell directly under him. I’ve met him a couple times. He’s super amazing. Nice guy.
Excellent video!! I hear daily how my store is a customers fav store to visit when they are in town, we get a lot of repeat business BUT my numbers are going down I haven’t changed product etc so monitoring what else I could be doing wrong not seeing etc. I live in a tourist town but summer should be the highest volume in sales!! Back to basics look at everything & getting better! 💪💪💪
First 2 minutes reminds me of a quote i heard which described financial instability in the USA "people are living paycheck to paycheck, companies are living quater quater and the US is living war to war"-fireship
the BIGGEST mistake i made from listening to all the other business coaches i was paying, they all told me to push for top line revenue so they could inflate their testimonials not really teaching that i should have been ONLY focusing on getting better and PROFITABILITY, optimizing for bottom line instead of top line, this video is on point💯💯
Nice bro that you’re able to recognize your mistakes and yes it’s true this is why mentorships and courses are not as valuable as before. Most of them all sell stuff they don’t even practice.
The biggest mistake you made is blaming others for your failures
@@AmericazGotTalentYT not blaming those coaches, im saying the mistake was a personal one on where I was focusing my energy. My energy was directed towards what I was being taught and therefore I didn’t properly reflect on my own experiences and just blindly followed advice. The mistake is my own, not any one elses.
Sounds like you went from one scammer to another lol
I’m in a coaching program.
My coaches insist on getting good,
enquiry skills and doing the work.
my content is derived from the work I have done, documenting my journey.
It's true, i forgot i was even trying to get rich and started working on discipline, working out, spending habits, working referrals like crazy. Already doing 300% from last years revenue and just in a better mental health overall.
Same here. I started learning to make my own clothes because fashionable & well fitting men's clothing sucks to find (or it's wayyyy too expensive)
I got so absorbed in making things perfect, regarding techniques and quality that I had over 50 people (friends of friends who heard about my hobby) knocking at my door every weekend because they wanted stuff made by me...and I haven't even officially opened a shop or anything.
I've only been doing this for about 10 months. I'm still a tailoring "student" or "apprentice". I'm scared I won't be able to handle this full time.
It started out as just a hobby. Now it's more pressure 🥲
@gadohimself OK bro. Good luck 😊
i need that wish the v.a. helped. myself in my way . only medication helps. straight head. can do stuff
Is it me, or do Alex's videos always seem to drop right at the right time in your business journey?
Not just you lol
When the student is ready, the teacher appears.
I swear to god
No you’re 100% right. Always right on time
How many persons have an EIN or LLC and active bank to receive funds
this dude is the best free management consultant on the planet right now, this talk was 100% truth, you can tell alex deals with some real crappy small business owners everyday and can see all the issues these businesses have
These business owners have worked out there childhood trauma and it leaks into their business
Entrepreneurship is more about self improvement than it is business. Learning “business” is easy - improving yourself to act out why you learn is the hard part - mainly because it takes a lot longer than most are willing to admit.
This💯👉
Definitely it's a journey with levels
Needed to read this
This is SO true. If I squeezed out 50% of what I could from my knowledge, wisdom, experience, and general skillset, I would be a millionaire many times over. Instead, let’s just say that’s not the case at present. Self-discipline and general self-improvement sometimes feels like the -only- real challenge.. and man, is it a big one. 😮
I'm highly skeptical of anyone in business, especially people who talk about it online, and especially anything in sales. But this video is exactly the reason why my bullshit meter hasn't gone off for this guy. I've watched hours of his content on my long commutes, and over and over again it's this same stuff. Him preaching that being ethnical in business will make you successful. No shortcuts, no tips and tricks, no fluff, not lying or stealing or getting one over on a person. Just a massive amount of hard work, building a great product/service that is so enriching to a person's life, and being good to the customer so they want to work with you. Thanks Alex. You give me hope that someone who wants to run a business doesn't need to be a piece of shit to succeed.
Amen to that
Agree.
Many (most?) of us have been conditioned to equate “sales” with being underhanded, deceitful, duplicitous, snake oil etc., but I essentially work in sales (I run a restaurant) and my approach from the very beginning has been to: be extremely honest (ex. I will tell guests what I personally like and dislike on my own menu with zero hesitation, but I will also balance that with letting them know what OTHERS enjoy), let them be without being ever pushy (ex. if someone comes in and only wants fries, I will never try to push a steak or a glass of wine to go with their fries; if that’s all they want, so be it), deliver a great ‘product’ (I’m lumping together service and the food/drinks), if someone doesn’t like something I will almost always drastically reduce, if not completely comp whatever it is that they didn’t like, and I top that off with being friendly, hospitable, easily accessible to help me spearhead quite a successful business, with zero need to cut corners or be a grimy, conniving, lying sack of sh1t just because “sales”.
It’s by doing all of that up above and by adhering to the long game that has led us to success.
100% agree.
Is it possible Alex is a scammer?
Sure it is. We never really know any of these TH-cam influencer ppl.
But if he is a scammer, he's not giving the major get-rich quick sus advice scammer vibes, so he'd have to be hiding it really well.
His pointers to me so far, seem to align with ethical intelligent principles of business.
"Don't wish it were easier, wish you were better.
Don't wish for fewer problems, wish for more skills.
Don't wish for less challenge, wish for more wisdom." - Jim Rohn
I love that quote
Exactly. John was the best.
Never felt so scolded but absolutely appreciated every second of it.
The hard honest delivery in your voice, is like the brother/ friend who always kick ass in life and would come home to visit have fun with you and talk real quick for 30 mins like this, and the very end , be like "so what are we doing tonight "
I've been running my small automotive business for 16 years, 3 things matter almost entirely in my business, honesty, quality of work, protecting the client from themselves. I dont advertise, I have too much work, I dont want to grow larger. So you could say I'm not ambitious
Good to hear what you said man !! I am from automotive world as well, worked with regular cars , drag racing and Indy cars team ! Now I am trying to make a business around that automotive area but 100% online helping people with specific knowledge that I deeply searched to check a demand for that, but I have to make a decision about how I will do Custumer acquisition you know, Facebook ads, google ads or organic building audience! I have everything ready but this part has been a challenge to me !! Any thoughts, I will definitely appreciate it!!
@matheuszelada3073 I don't think that is a good business model. It sounds like you are trying to be an internet freelance shop Foreman / consultant. People googling for help with automotive stuff typically are trying to do things themselves because they don't have money to hire someone, so you are already targeting a poor demographic. Theres one or two websites that do this type ofnthing you describe. They charge just a couple bucks to ask a question. I don't think there's a lot of money in it, I dont believe you could make any money without significant scale. Unlike solving people's automotive problems in person, which doesn't require scale to make significant money due to the high margins.
A compendious summary for the video:
- Focus on improving the quality of your products (to the most painstaking details) , not solely leads.
- Stick to your promise, don’t diversify too prematurely ( from the problem you initially attempt to solve )
- Build a trustworthy brand
- Put up with the exacting nature of product enhancement. Entrepreneurship is a game of will, of discipline and of delayed gratification.
Love it. Everyone is distracted. Everyone is soft and have no work ethic. So true. Entrepreneurship is a battle of wills. Alex I am working on delivering a product that is better than the competition. That’s it.
Alex. Youre a GOD bro. I started an etsy store last year with my partner and we have been on a roller coaster. We started to realize that we needed to give the best graphics the best blanks we could afford and the best click through experience to stand out from the sea of mediocre. Now focused on quality and unique designs not ads and chasing sales and looking to build durable momentum and eventually move to our own website and an identifiable brand. Thankyou.
Awesome. I just started selling on Amazon, and now I know what to focus on. Not expanding the portfolio, not driving more traffic, just getting the product better.
This is awesome as usual a reminder …
to do the work
There is only ONE God. I guarantee you, it isn’t Alex. Read the Book Of John to find Him.
I'm sure he doesn't think Alex is an actual god in human form lol@@Brian-rs4ug
@@Brian-rs4ug no, but god puts the right people infront of you at the right times
This year's challenges will undoubtedly be more difficult. Looking back, I realized that I was so focused with my portfolio that I made disastrous financial decisions for the entire preceding year. I had to pick between increasing my investments and purchasing a house. After choosing to sell my investments, I discovered that the property I had purchased required more maintenance than I had anticipated. Trying to find out how much longer I can take this is becoming increasingly difficult.
Take things easy, we've all made mistakes
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
Do you mind sharing your financial planner ?
Leah Foster Alderman
You are most likely to find more info when you look her up.
This is 1000% true as a content creator too. Rather than optimizing for hashtags, focus on telling the best story possible that will benefit REAL people , and create something enjoyable to watch. Thx Hormozi
He went fiery 🔥 in calling out of us on our BS and it comes out of tough genuine love
This is so convicting yet refreshing. This guy always finds a way be straight forward, insightful, and honest. Absolute HEAT all the way through
Getting better is a much harder way that takes time to measure and track. Scaling without a good offer will end badly.
So glad these are back to long-form without all the beep boop noises and crazy animations. Just solid gold content (which never needed "jazzing up"). Thanks!
I love his scoldings unlike other gurus scolding. He actually have actionable steps unlike other gurus who only talk about how you 'dont work hard enough'. Yes he do say that we dont work as hard as we could, but he talk about how to work hard and smart.
23:00 Spot on 🔥 Build brick by brick the right way doing the things you know your competitors won’t do.
21:08 “How do you know that?” 💯 Alex with yet another dose of reality. Love that you don’t sugar coat anything.
yeah...HOW DO YOU KNOW THAT? is awesome!! lol
That could get annoying real quick lol
I say "Can I see your napkin math on that?" to get an idea of how they got to that idea.
I love the authenticity and emotions in this man, I wish I could talk to my audience this way.
Absolutely! With business, fitness, breaking habits. Just improve
I'm starting a cleaning and I need to HEAR THIS!!!!
The three P's of business: Promise, Prep, Product. You promise to solve an issue. Now that you know your promise, prepare yourself and your team/product to be sold. Finally, refine your product before, during and after you launch the business.
I like the up front honest information from Alex. No dancing around, straight to the point. I respect that.
Business schools are shook when they see videos of this quality.
Half of them teach the opposite of what he is saying in this video.
I love this episode. For the last few years, I have been constantly refining and improving my business, BUT, it was cus I was chasing revenue and made a lot of dumb mistakes along the way, some of them but me in the asse recently. In the past 6 months, I've almost entirely let go of vanity metrics like revenue and just been ruthlessly improving onboarding, delivery, service, ops, comms, systems and backend. To the point where when I get on sales calls, my conviction is waaaay higher now and I close more. Sales has been a challenge and I'm still getting kicked in the teeth daily, but knowing you have a great service that is continuing to improve above all else, gives you a load more confidence to push on the frontend. Thanks again Alex, love these talks 💪
You just opened with one of the most powerful one liners ever, Alex. Getting rich is a consequence of getting better, thank you.
His advice sounds like tough love. Because it is. Love it.
This will be bookmark. The best business conceptualizing speech I’ve ever heard.
Alex, often I just put your videos on the headphones while doing chores around the house, but the last few minutes of this one made me stop doing what I was doing to pause the video, push the Like button, and let you this comment giving you props for the awesome content you give out. Hats off to you sir! 💯
Me too 😂❤
Saame. I shower listening to his podcasts.
I am so relieved to see this video, there are so many people who treat your early content like gospel. Quality always outperforms quantity because it leads to customer retention.
Great locker room talk, too many are overworking not becoming better and therefore making their product better as a biproduct. Doing more does help but until your consciousness and habits change your income won’t change.
3:27 I noticed this about creative people (artists, chefs, musicians, etc.) who make lots of money. They concentrate on the product. They’re perfectionists & relentless in executing their vision. They won’t put out anything bad that’s attached to their name.
Your content just keeps getting better and better Alex, thank you. ❤😊
Man I am just blown away by this 30 mins of GOLD!
I haven't planned starting business yet cuz I am still a student in school and I am only 17 rn, but having such information about business is just a life changer!
I know no matter how much we thank you, it's not enough.
But hey, thanks a ton!
taking information without action is useless start now you'll have a massive headstart
Alex, I’ve been here since you only had one comma in your subscriber total. I continue to watch because you aren’t afraid to say the thing that needs said. You are right, my competition is soft!
I felt that… It’s time to provide more. Already have set up a 10 Member Growth Council to help us see what we don’t. First meeting Monday.
This kind of content is that make Alex truly remarkable. I love him for it. So many times people forget about this. You can start with a shitty or good enough product when testing early, but you must get better always and forever. Alex lives this in his content and everything he does.
Honestly wasn't sure about this guy when I first saw the skool ads, but this video has shown me he's actually here to help ppl not just sell his shi
21:43 LOL "No one thinks". Relating to the conversation around this point of the video, I was recently watching a Jordan B. Peterson clip where he was on a talk show talking to a lady and he made a point that in order to think you have to be offensive. People understand that concept and are very willing to offend others to think and to make THEIR POINT, but when it comes to risking offending themselves to think openly and understand reality so many people are too feeble to do it. So prideful because their sense of self comes from their beliefs which creates this loop where you're just constantly reinforcing yourself not able to objectively analyze reality for pursuit of progressing.
The information all the influencers are giving aren't new(including me) , it has always been there . Taking action is more important, throughout history those who've used this information and turned it into knowledge and have taken action , has always achieved
This kind of content is that make Alex truly remarkable. I love him for it. So many times people forget about this. You can start with a shitty or good enough product when testing early, but you must get better always and forever and that’s how you grow. Alex lives this in his content and everything he does.
Thank you Alex 🙏
❤ this was right on time 😂 when I lost my mother I almost lost my business 💯 it severely impacted my abilities to focus on the details I did very well and I def self sabotaged a bit
“Your competition is as lazy as F” 😂 worth framing!
Most of us need to write "And so are you right now" under it
@@BusinessWolf1 word!
@@BusinessWolf1And so are you right now!
What part of
The more you know, the more you know that you don't know, but also you realise that others may not know much more either. Thank you Alex. Learning everyday. Alain Faber
I absolutely love this! At 14:00 you absolutely obliterate the money grabbers. If more people thought this way about building a business that ACTUALLY makes change and ACTUALLY provides value, and ACTUALLY fulfills the promise you made in your content and ads then the money will come as a byproduct. 💯 this is what business needs! lol I don’t even listen to music anymore when I workout..just Hormozi videos 😂
You're making a difference in my life and my family's lives. Forever grateful. Thank you doesn't cover it, but I share your stuff every chance I get.
How that bro
I've paid thousands in programs and worked my face off for $36,000/yr at best thos problems and that work got me to $150k/yr salary... I started listening to Alex and Leila and started sharing and applying what they were teaching and we just had our first $33,000 month. Their stuff works 💯
I'll never be able to pay them back, but I promise to pay it forward every chance I get.
Another great one from Mr Hermozi. Fulfilling and delivering on your promises as a business is the best branding
This is the slap in the face we all need. I’m ready. My only regret is that I waited til I was 41 to be ready to implement this.
This video gave me the biggest insights by telling me that Working on getting rich and not making your service the best is the WORST THING I Was Doing.
Now I have understood that Work to make your Skill the Best in the Market and then See your Business grow exponentially 📈🚀
just received both my books yesterday. I'm so happy! I'm ready to build wealth.
You’re so passionate about helping others it’s so refreshing to see 🤓😃
This deals with being and becoming but Alex only be-lieves (
This is my first comment on Alex's video and i just wanna thank him for sharing his wisdom.
Thanks a lot man!
You helped me to start my own business.
I owe to you.
Thank you Alex! Another 30 minutes of my life that will convert to significant changes in our business verticals. Deeply appreciated!
Think about how much value Alex has provided to the world. Multiple BILLIONS of dollars of value created from his teachings‼️
Yes! I used to explain to my crew, if we aren’t putting out a great product with customer service to match, I’m just paying to bring people in and piss them off 🤷🏾♂️
Success isnt something you pursue its something you attract by becoming attractive. The whole "chase the bag culture" has been lied to the cap stops here
Alex I reallly appreciate the passion and free value you give about business, sales, and marketing.
100% If you are going to do ANYTHING, you might as well Be Pro 🙌
I’m a fashion designer and made a bag that was selling a lot I made it different colors and sizes but then I realized I could be making it so much better if I just took it off my site and took my time to redesign it and price it up. I took a major loss doing that but now I have a much better product and once it starts selling again I know it will be an even bigger hit! Good things take time
Daily dose of Alex yelling facts into my stubborn head. I love it.
I had to stop a few times and yell “PREACH!!”. Man Alex is on for lately
I called it first!
#1 100M Offers
#2 100M Leads
#3 100M Sales
#4 100M Product
$100M Money 💰
That’s fucking gangster
I heard in one of his videos that his 3rd book would be all about brands
Alex Hormozi===$1trillion Market Cap...i called it 1st
Alex, this video is incredible, exceptional.
I watch more than half of your videos, and this one hits hard.
Thank you for sharing everything you know for FREE and helping the world this way
I agree, pure gold this
THIS IS GOLD!!!! THIS INFO COULD EASILY BE WORTH $5000. MINIMAL!!
Shushhhh go to sleep little one
@@thomaszinecker1785 GET A LIFE REDNECK
Calm down son it’s just a drawing
@@alexreyes7237 you calm down, no face
You got to love the passion Alex has for people to get it & become successful 🔥💪🏽
Be. Do. Have. Get better at being and the rest will come to you. Awesome advice
Alex gives the best business advice in the world at the moment .
Ive noticed this so much getting older. You really have to put in the work no on else wants to do to get ahead in life. Mediocre gets you nowhere.
I love the passion and the emotional frustration in this video... Thanks Alex .
I listen to you every single day in my car when I go to work. I need a podcast pls!
Pure gold business advice.
This has to be the realest business video I have ever seen. Being part of Gym Launch taught me how to continually improve our experience. I’m so glad that I have spent time offering better service. This video has encouraged me to work even more on the end service. Thanks Alex.
Put a lot of quantity into growing your biz quality will make your businesses quantity a thing of quality! No probs.
Thank you Mr Hormozi I appreciate you and your channel . I am an author / writer and what you said has helped me tremendously ( yes also have a family owned company I help run )…but I am a creative at heart. Bless you 🙏💖
By far his best video yet. Please make more of this I’ll watch it all. Perhaps more examples of improving product.
This is another one that ya gotta watch multiple times
spot on here Hormozi... you gotta be aware of the details OF THE DETAILS and the discipline (courage) to execute with a philosophy of continuous improvement 💪
I'm glad I had parents who were supportive and patient with me when I was building my business, I instinctively worked on quality of my work to new customers over profitability. Slowly but surely, word of mouth goes around and now I focus on getting new jobs while I'm getting my work made from suppliers who match my quality. Guys please you gotta sacrifice a lot of your time over money in the beginning in order to gain customer satisfaction and word of mouth etc. it gets easier later on
You know, Ive followed you for some time now, and we have some mutual friends in your circle that I do business with.
Ive just recently gone public with how to grow and exit digital assets in 6 months simple frameworks.
You speak truth Brother, keep the vibes, you're a legend!!!
Key Framework, is build a self sustaining ecosystem that allows your money to work for you...
Thank you for being a big brother in business
So powerful and true! I am beyond grateful to have an exceptional product with high value that so many refer to their friends and family 💚🙏
I will become the 1# expert for Swedish short term rentals :)
I believe in you my man. Keep at it!!
You are great Alex just watched two videos and you changed my whole mindset, i used to think that business is only marketing and sales but no now i understand what business is.
By 4:35. I figured out a problem that has been plaguing me for a weeks. Thank you, Alex.
I respect you so much tour delivery model is spot on !!!!!!!
BRO THIS KNOWLEDGE YOU DROP FOR FREE IS INSANNNNEEEE!!!!!!!!!!!!!!
Dear Alex…
I never need to get passed 30 seconds of your video before your dropping gems. For the sake of the new subscribers watch the whole thing. But why go passed it when you clearly give us all we need in 12 seconds lol I’ve seen this in my life so many times.
Once i start to improve everything improves. If I ever stop improving literally everything stops and goes backward it’s crazy.
That is the opposite advice if 'just start' which resonates more with me. Im in the process of building my holiday let management business and am naturally building my knowledge and the back end first before i feel comfortable getting my first client and im doing this intuitively because i want to be able to deliver what i say i can. So the'just start advive is great as long as its just start on building your knowledge and making sure you have you have everything in place before you go looking for customers, otherwise youll be scrambling once you have your customer which could make you look bad and lead to negative referrals. Obviously im certainly no expert but this just seems like the best way to go. Its like the dont run before you can walk saying x
I love the change in pitch from ad Alex to fired up on CAC and LTV Alex
I wouldn't say I accidentally got rich, but I really earned much money by honing in the technical and skill side of things. It became a matter of "you get so good they can't ignore you" which some of you may know that as a book of Cal Newport lol. It's crazy, being rich isn't even an outcome I worked towards, but skills are really just that valuable.
True, there's unlimited potential to improve any product. Especially the one that I'm involved in.
Wow, I can’t believe do you know John Paul. my mother Carolyn worked for him for about 20 years for Paul Mitchell directly under him. I’ve met him a couple times. He’s super amazing. Nice guy.
Excellent video!! I hear daily how my store is a customers fav store to visit when they are in town, we get a lot of repeat business BUT my numbers are going down I haven’t changed product etc so monitoring what else I could be doing wrong not seeing etc. I live in a tourist town but summer should be the highest volume in sales!! Back to basics look at everything & getting better! 💪💪💪
First 2 minutes reminds me of a quote i heard which described financial instability in the USA "people are living paycheck to paycheck, companies are living quater quater and the US is living war to war"-fireship
Product is important. UX/CX is important. Wise founders understand that the designers aren’t here to “make it pretty” and they hire them early on.