Alex Hormozi explains that the 'price' of achieving goals, such as making money or gaining influence, involves enduring the suffering and uncertainty of not knowing how long it will take to succeed. It’s not about avoiding suffering but embracing it as part of the journey.
Commitment, according to Hormozi, is the elimination of alternatives. It means fully dedicating yourself to one goal without distractions. He uses the analogy of a pig being 'committed' (bacon) versus a chicken being 'interested' (eggs) to illustrate the depth of dedication required to achieve exceptional results.
Consistency is a prerequisite for becoming exceptional. Hormozi cites Charlie Munger’s advice that inconsistency guarantees failure, while consistent effort makes success inevitable. He stresses that consistent action, even in small amounts, yields better results than sporadic bursts of intensity.
Hormozi explains that FOMO arises from seeing the outcomes of others’ efforts without understanding the sacrifices they made. He advises focusing on your own journey and eliminating distractions, as trying to pursue multiple goals simultaneously dilutes effort and prevents success.
Hormozi’s father faced numerous setbacks, including failing medical school twice, moving to the U.S. without knowing English, and rebuilding his career after a divorce. His perseverance and commitment to learning and rebuilding his life demonstrate that success often requires enduring long periods of struggle and uncertainty.
Hormozi argues that seeking approval from others can hinder progress. He advises entrepreneurs to decouple their self-worth from societal norms and be willing to be misunderstood. Achieving exceptional results often requires taking risks and being an exception to the norm, which naturally invites criticism.
Hormozi emphasizes that the process of figuring things out, including the failures and challenges, is an essential part of the journey to success. He believes that the pain of not knowing and the effort to overcome obstacles are what ultimately lead to meaningful achievements.
Exceptionalism, according to Hormozi, requires first becoming consistent. It involves being an exception to societal norms and taking risks that others are unwilling to take. He stresses that exceptional results come from consistent effort and a willingness to stand apart from the crowd.
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 and will learn on his path from $100M to $1B in net worth.
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