The Man That Makes Millionaires: Turn $100 to $10k With This Step By Step Formula & Build An Audience From 0 Followers! Alex Hormozi

About this episode

Are these simple things keeping you broke? Alex Hormozi reveals the biggest business lies you’ve been told and the formula to turn $1,000 into $100 million   Alex Hormozi is an Iranian-American entrepreneur, investor, philanthropist and founder of Acquisition.com. He is the author of books such as ‘$100M Leads: How to Get Strangers To Want To Buy Your Stuff’ and $100M Offers: How To Make Offers So Good People Feel Stupid Saying No’. In this conversation, Alex and Steven discuss topics such as, how to escape a 9 to 5 life, the exact formula to triple your net worth, how to build an audience from 0 followers, and how to REALLY succeed with your business model.  00:00 Intro 02:13 What Would You Say to the Millions of Entrepreneurs That Follow You? 03:18 What Entrepreneurs Really Need 12:03 Is There a Framework for Knowing When to Quit? 16:05 Fear vs. Logic: How to Think Rationally 19:08 Your Decisions Are Driven by Self-Awareness 23:35 What to Do When You Quit Your Job: The 4 P's 24:42 Pain as a Driver 27:29 Mercenaries and Missionaries in Business 32:30 Just One P Will Make You Succeed! 35:47 What's the Cheat Code to Win at the Game of Attention? 39:33 The Winning Strategy for 2025 49:08 How Important Are People in the Business Journey? 56:46 First-Time Founders Need to Know This About Recruiting 59:09 A-Players Hire A-Players 01:01:40 The Ability to Have Hard Conversations Sooner 01:09:31 Be Kind, Not Nice, as a Manager 01:15:42 How to Not F*ck Up in the Hiring Process 01:23:40 How Do You Know They're Not BSing You in the Interview? 01:24:42 How to Hire Great People If You Don't Have the Money 01:27:56 The Pros and Cons of Experienced vs. Less Experienced Employees 01:29:58 The 4 R's 01:33:08 How to Be Prepared for the Rollercoaster of Building a Business 01:55:35 What Successful Companies Do 01:57:58 How to Double Your Business Growth 02:10:45 How to Help a Founder Who's About to Quit—They Can't Take It Anymore 02:16:40 The Old Innovators' Dilemma and How to Adapt 02:25:46 Your Rate of Experimentation Has to Be Higher Than Your Competitors! 02:29:03 Do Mentors Matter in Our Journey? 02:37:18 Parrots vs. Practitioners: The Best Way to Learn 02:42:16 The Founder Mode 02:46:44 Founders and the Competitors Around Them 02:49:07 Work-Life Balance 02:56:28 The Mantra That Helped Me 03:03:36 How to Drive Meaning from Your Life 03:09:43 What Is the Meaning of Life? Follow Alex:  Instagram - https://g2ul0.app.link/EBxnhGYpNQb  Twitter - https://g2ul0.app.link/wucQ8x0pNQb  YouTube: You can purchase Alex’s book, ‘$100M Leads: How to Get Strangers To Want To Buy Your Stuff’, here: https://amzn.to/413cH2K  Spotify: You can purchase Alex’s book, ‘$100M Leads: How to Get Strangers To Want To Buy Your Stuff’, here: https://g2ul0.app.link/WcEZGF3pNQb  Watch the episodes on Youtube - https://g2ul0.app.link/DOACEpisodes  My new book! 'The 33 Laws Of Business & Life' is out now - https://g2ul0.app.link/DOACBook  You can purchase the The Diary Of A CEO Conversation Cards: Second Edition, here: https://g2ul0.app.link/f31dsUttKKb  Follow me: https://g2ul0.app.link/gnGqL4IsKKb Sponsors: Adobe - https://www.adobe.com/uk/express/spotlight/stevenbartlett?sdid=5NHJ82ZD&mv=social ZOE - http://joinzoe.com with code BARTLETT10 for 10% off Shopify - https://shopify.com/bartlett Learn more about your ad choices. Visit megaphone.fm/adchoices