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Not All Friendships Will Matter... (w/ Ken Coleman) Pt. 2 - Nov. '22 | Ep 470

The Game with Alex Hormozi · with Ken Coleman · December 10, 2022 · 28 min

Summary

This episode challenges ecommerce operators to critically assess their personal relationships and environment, highlighting how social circles directly impact professional success. It emphasizes making tough choices, like distancing from hindering friendships, and navigating external expectations (including familial) to prioritize entrepreneurial growth and overcome the fear of failure in scaling a business.

Key takeaways

Themes

founder & leadership

Topics covered

relationship management for foundersovercoming fear of failuremanaging parental/familial expectationsostasissacrifices for entrepreneurial successstrategic social circle selection

Episode description

“Understanding the motivation of the person who's influencing you to stay put is useful.” Today, join Alex (@AlexHormozi) as he guests on Ken Coleman’s Show to talk about why not all friendships matter as you grow, the sacrifices you need to make if you want to be successful, and how parental expectations may or may not control the way you achieve your goals. This is part 2 of the interview.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.Check out the episode on Ken Coleman’s YouTube Channel!Timestamps:(1:26) - 95% of our success or failure in life is directly related to the people we spend the most time with(7:55) - I want to be successful, but my family is holding me back…(15:51) - The condition of parental expectations(19:18) - The roles of men and women in the workforce today(25:09) - Fear of failure is actually worse than failure itselfFollow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | <a href="https://www.acquisition.c

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Frequently asked about this episode

What does this episode say about founder & leadership?
Recognize that your core relationships (95%) directly influence your success; audit your inner circle to ensure it aligns with your entrepreneurial ambitions, not hinders them.
What does this episode say about founder & leadership?
Don't let others' motivations, especially those subtly convincing you to 'stay put' in your comfort zone, dictate your growth trajectory; proactively identify and counteract these influences.
What does this episode say about founder & leadership?
Be prepared to make sacrifices in your personal life and re-evaluate friendships that don't support your journey towards significant business achievements.
What does this episode say about founder & leadership?
Confront and manage parental or familial expectations that might clash with your entrepreneurial goals, understanding that your path to success may diverge from their vision.
What does this episode say about founder & leadership?
Prioritize action over inaction by addressing the 'fear of failure' as a greater impediment than actual failure in business; embrace risks for growth.

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