Shift from outcome-based expectations to process-based expectations. Focus on delivering excellent processes, and the results will follow naturally.
Cultivate emotional awareness to avoid making impulsive, high-risk decisions. Delay important decisions, especially when feeling urgent or emotional, and aim to decide from a state of contentment.
Avoid incurring expenses in anticipation of growth. Let growth dictate the need for new expenses, rather than putting the cart before the horse. Solve problems with existing resources first.
Reframe 'beliefs' as controllable 'assumptions' to foster adaptability and openness to new data and feedback. This makes your mental models more flexible and less rigid.
Prioritize over-delivering value to customers and continuously delighting them. This focus on customer satisfaction and process excellence is more sustainable than arbitrary growth targets with high-risk decisions.
Growth will pay the expenses. Today, Alex (@AlexHormozi) talks about the three evil “E’s” in entrepreneurship, how each evil affects you, and gives advice on what you can do to avoid them! Be careful, for they might just be in front of you without realizing it!
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:
(1:27) - The 1st evil “E” of entrepreneurship is Expectations
(3:36) - The 2nd evil “E” is Emotions
(8:28) - The 3rd evil “E” is Expenses
(12:19) - The evilest of the E’s and what to do to avoid them
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
What does this episode say about finance & fundraising?
Shift from outcome-based expectations to process-based expectations. Focus on delivering excellent processes, and the results will follow naturally.
What does this episode say about founder & leadership?
Cultivate emotional awareness to avoid making impulsive, high-risk decisions. Delay important decisions, especially when feeling urgent or emotional, and aim to decide from a state of contentment.
What does this episode say about finance & fundraising?
Avoid incurring expenses in anticipation of growth. Let growth dictate the need for new expenses, rather than putting the cart before the horse. Solve problems with existing resources first.
What does this episode say about finance & fundraising?
Reframe 'beliefs' as controllable 'assumptions' to foster adaptability and openness to new data and feedback. This makes your mental models more flexible and less rigid.
What does this episode say about finance & fundraising?
Prioritize over-delivering value to customers and continuously delighting them. This focus on customer satisfaction and process excellence is more sustainable than arbitrary growth targets with high-risk decisions.
