"When you have an opportunity, or you have made the decision to capitalize on a new thing that you're going to do, to go all in on that thing.” Today, Alex (@AlexHormozi) discusses the struggle of determining who to listen to for advice as an entrepreneur and shares personal experiences with making non-ideal decisions that ended up being the right ones. He encourages listeners to weigh decisions based on opportunity cost and to go all in once the decision is made.

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:

(1:54) - Good-intentioned advice has a micro-perspective

(2:54) - Weigh expected earnings to compare opportunities

(4:23) - Decide without emotion, look at realistic mat

(7:50) - Weigh decisions and take risks as entrepreneurs

(9:20) - Listening to wealthier people can be dangerous, seek relevant advice

Follow Alex Hormozi’s Socials:

Bad Advice from Good People | Ep 153 11:47 Share

The Game w/ Alex Hormozi

Shownotes Transcript

Bad Advice from Good People | Ep 153