The Game with Alex Hormozi artwork

When People "Only Care About Making Money" | Ep 205

The Game with Alex Hormozi · with Alex Hormozi · May 12, 2020 · 13 min

Summary

Alex Hormozi challenges the common negative perception of people who are open about their desire to

Key takeaways

Themes

founder & leadership

Topics covered

business transparencynegotiation tacticsred flags in partnershipsvalue exchangedecision-making frameworks

Episode description

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: (1:23) - People care about money: ruthless, honest, profit-driven. (2:40) - Red flag: when someone claims not to care about money. (4:31) - Book: 3 types of people - money, relationship, both. (5:54) - Success: saying no, learning from mistakes. (7:35) - Transparent negotiations, get other person to talk first. (11:37) - Business is like a marriage: clear intentions, dynamic. Follow Alex Hormozi’s Socials: LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

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Frequently asked about this episode

What does this episode say about founder & leadership?
Be upfront about your financial intentions in business relationships to foster clear expectations ,
What does this episode say about founder & leadership?
Avoid deals with those who claim money isn't a factor; it often masks ulterior motives
What does this episode say about founder & leadership?
Treat business deals like marriages; many might not work out, so be selective. saying no can be the best option.
What does this episode say about founder & leadership?
Learn from others' mistakes and patterns to accelerate your business growth

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