Why Most Entrepreneurs Fail Before $1M (And How to Fix It) | Alex Hormozi

[@RichKaat]

Alex is the David Goggins of business

[@TomBilyeu]

Ha! I love this!

[@wmidl_wrestling]

You might be on to something

[@RubyRosay-k7q]

Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2024

[@MarkLewis-v3v]

honestly. I tell this to my friends everyday. it's good to save money but you gotta have that investing spirit if you really want financial freedom.

[@rowdiehowie]

​@@MarkLewis-v3v but what if you dont know how to trade any of these? I mean, I see your point. Some people have the money and are willing to invest. But the problem is where to start

[@Mohed-u5o]

​@@rowdiehowie Exactly my point. I have the funds to start and I'm willing to start but I'm a construction Engineer and I don't have time to monitor the chart and the rest.

[@ruubipat]

dude, this is 2024. People who aren't even traders still make money from the crypto, stock and forex markets. 0:07

[@GiovanniThap]

​@@ruubipat As a beginner in this, it's essential for you to have a mentor to keep you accountable. You need someone to identify key market trends, pinpointed strategic entry points, and provide risk assessments, ensuring your trades decisions align with market dynamics for optimal returns.

[@busyworksbeats]

Alex, the legend! Transformed so many lives in such a short time!

[@TimeSkip-Chapters]

⏱️ Timestamps by TimeSkip ⏱️ 00:00:00 - Introduction to Wealth Creation 00:03:21 - Methods of Promotion and Outreach 00:13:37 - Customer Acquisition Process Explained 00:18:03 - Scaling Framework for Businesses 00:22:30 - AI Tool for Content Creators 00:27:50 - Creative Problem Solving Techniques 00:39:20 - Courage as a Key Trait 00:42:37 - Feedback and Behavioral Change 00:47:00 - Learning from Elon Musk's Behaviors 00:51:26 - Prioritizing Problems vs. Opportunities 00:59:41 - Truth Seeking in Decision Making 01:04:41 - Courageous Decisions in Entrepreneurship 01:17:04 - Resilience and Endurance in Business 01:20:24 - Planning Your Career Path 01:23:43 - Incorporating AI in Business 01:29:40 - Rhetoric and Persuasion Skills 01:32:44 - Avoiding Common Business Advice Pitfalls 01:37:51 - Scaling a Business: Key Differences 01:41:43 - Talent Acquisition Strategies 01:46:44 - Entrepreneurial Pattern Recognition 01:51:20 - Government Impact on Business 01:57:45 - Creating a Winning Company Culture 02:00:50 - Free Books and Resources

[@CEOARCADIA]

Just rewatched both the old ones and was wanting another, perfect timing✊

[@TomBilyeu]

Hope you got value out of it!

[@Artheartedofficial]

I would love to see a talk with Alex and Leila, and with Lisa and Tom. All in the same room! You guys all give so much value that might be a hard show to have. But sooooo worth it, lol.

[@EdgardoSosa-hy2zn]

It's too many people at once, but it would be cool. I'd rather see Lisa and Leila chatting together!

[@TomBilyeu]

That would be fun. They're both amazing.

[@threatspitstv]

❤🔥🔥🔥🧨🧨‼️

[@joshuafournier5887]

Every now and then, there comes a piece of content that completely changes the way you are doing things. This podcast did that for me. I had a plan for how to build my business for the year, but this episode had so many “ah-ha” moments for me, I think I now understand how to do it differently, but better.

[@TomBilyeu]

Love that! May the ideas serve you well.

[@threatspitstv]

❤🎉🎉 LFG!!

[@alphonsomilambo3798]

Really love it when these two guys talk . They are my two favorite channels on KZbin actually

[@Swauvehouse]

My mans outfit says it all. Shorts with a long sleeve shirt with the sleeves rolled up, over a tank top, with a hat. Make this world your world.

[@TheDavidjourney]

Not sure if he’s happy to be there or not. But love his frameworks

[@pradeepmann345]

and also he is not confident enough, I question about his authenticity what he praise or promotes. Frame works can merely be a empty theories. People preach right opposite as they truly are.

[@Mario-ee1oe]

@@pradeepmann345Good thing nothing you say matters

[@EdgardoSosa-hy2zn]

When he asks the guest for their thoughts on something he's thinking about, it usually means he's enjoying more than other appearances. It seems like a genuine give and take.

[@ddfelder2]

You guys must be new to Alex. That’s his demeanor. It’s absolutely nothing personal. Take the information for what it is and stop trying to be judgmental. You don’t even know the man smh 😂

[@ddfelder2]

@@pradeepmann345you could’ve easily scrolled on by. Instead you wanted to make a baseless comment and judge someone you don’t even know. I can easily google Alex and get Enoch information for nearly every aspect of life to last a lifetime. You? Who are you? Nobody knows you. The only value you bring are to those in your inner circle and it’s likely you don’t bring value to half of them either. This man on track to being a billionaire and you’re online like a bottom feeder talking about things/people you don’t know all while being BROKE!

[@stopdropnroll]

Great content, Alex is a powerful force. Tom is equally so.

[@JamesADunn]

Practical & Actionable Insight! Great Stuff!

[@TomBilyeu]

Glad you liked it!

[@leps82]

Words of wisdom take it and apply it 🧠💡📈

[@TheOnwardMarch]

No offense to Tom, he seems like a very cool and accomplished guy, but Alex just seems like he’s miles ahead of most of the folks that he talks to. at least when it comes to entrepreneurship and strategy.

[@justinnimmo9450]

Tom doesn’t use all the gear

[@s.omarfarooque1486]

Tom Bilyeu's Hormozi interviews hit differently.

[@korozsitamas]

The old Tom Bilyeu we love is back

[@Coopek4]

True ….I haven’t so much as clicked on an impact theory video in a very long time. All it seems to be is doom and gloom bullshit.

[@ClearGlassStudios281]

Bring rich isn't about bring smart. It's about being addicted and applied to becoming rich. 😂😂

[@8FiguresPod]

"what appears inconsistent or too volatile is actually just a result of doing too little"

[@nestorcolt]

1:10:10 He is SO RIGHT on this. It is happening to me, and I don't know how to cut the ties. But I need to keep growing 😪

[@AnthonyWasiukiewicz]

God he’s a book of knowledge and logical thinking. And I love it when he speaks calm as well as clear. Thanks.

[@giselleprice4228]

Some people are not rich because they are consumed within their own mind (self imprisonment) with past trauma and unsolved injustice. Very intelligent people with a high level of procedural knowledge still are paralyzed by their pursuit of trying to escape their prisons.

[@Homeoffersunited]

Let’s gooooo love it!

[@YifatCohen]

1:26:07 - "...so that it will do the things we want to do but I don't want to have to build the AI out itself" that's exactly what we do Tom and we'd love to do it for you - we create Ai Agents with your knowledge / IP and close it off so others can't copy, but can engage with you directly. I know it's a long shot and you're probably get hit with offers all the time, but here goes... PS. I messaged you on Li so we can keep it private too 🙃

[@shawnfromportland]

Alex "and so" Hormozi 🔥

[@jacktracey3215]

Is this new or a re upload?

[@DrewDynamite04]

Thi is new No more Mashups!

[@TomBilyeu]

Brand new. We only do new episodes now.

[@ghislainmuvunyi]

How do they do that local call wrapping thing?

[@threatspitstv]

Man c'mon LFGoooooo. I cant NOT listen to this right away and in its entirety! 💪📈

[@chri5topher]

Alex is a savage!

[@TomBilyeu]

Agreed.

[@Bunker_Insights]

Alex Hormozi is a GOD TIER Guest! Great Episode Impact Theory Team!

[@TomBilyeu]

Glad you liked it! Alex is indeed amazing.

[@KeefeCarpenter]

Amazing

[@thehumbledad]

Why do smart people stay poor?

[@cac8793]

They lack "procedurial" knowledge aka life experience, experience doing things, like failing at starting a business, learning, then starting another business

[@NumeroSystem]

It's tough to advance in a system once you conclude that it is fundamentally fraudulant.

[@JLBOSE84]

For most smart people it's probably fear of risk. Laziness and an unwillingness to sleep on the gym floor. Lots of smart people have the wrong mindset and feel that being smart means they shouldn't be bad at anything so anytime they try something they are bad at they often make excuses and claim the system is rigged or think they lack the appropriate skills without realizing they can develop them. And, a lot of people just aren't as smart as they think they are and trying and failing would prove that. Truthfully it's hard to define intelligence and not everyone is intelligent in the way they would need to be to succeed in this way, but again with the correct mindset, i. e. the belief they can learn and a willingness to do so, most people could succeed. Oh, and some people just don't care and/or don't want that.

[@SingerDante]

@@JLBOSE84 this is an incredible statement, I am adding this to my personal mantra.

[@tashachristina]

Epic first question!!

[@jessewest2109]

Real wealth is not needing to be a millionaire to have "made it"

[@EsotericDichotomy]

What does that mean?

[@MovieShorts-p5r]

It's rich people who give the most amount to charity soooo..........🤡👍

[@isacomr2274]

This comment was made by someone who confuses wealth with enrichmebt

[@Desertpunk1986]

This is a very narrow minded view.

[@mr.c2485]

@@isacomr2274 True. I maintain that a sound mind, which I realize requires some unpacking, but not that difficult, supersedes anything that can be construed as physically satisfying.

[@badkarmaw]

Did he just explain why I get 87 calls a day of people trying to renew my car warranty, buy my house, or change my electricity provider.

[@AlissaR-en8ff]

Peter thiel ? Run!

[@AlissaR-en8ff]

Does anyone eat the toxic quest food?

[@AnthonyWasiukiewicz]

A man who chases two rabbits catches none. 1:34:18

[@Shiibai]

Funny how just one book can make such a difference. The Secret Doctrine of Wealth opened my eyes to ideas I never would have considered otherwise.

[@Desertpunk1986]

Weird people feel personally attacked in these comments.

[@jakec.4356]

So did I my friends I - so do I … (very poorly) sold/ traded my 20s and 30s

[@MarcoS-vb8jq]

Alex is the most real guy out there FACTS

[@sufficient.enough]

Some of the people in the comments do not process information very well. Funny how defensive they are.

[@ArthurMcCreary-uj5gm]

Most intelligent people are afraid to try to do anything hell I was in beta club through school. I’m 68 now when I had to enter the workforce, I was afraid every day when I had something new to do scared to death couldn’t sleep the night before finally got it under control but still had a problem with starting a new job or whatever throughout my life I had an IQ of well into the one 30s at its high point my first day in prison they gave us a IQ test and I scored a 128. I think it was anyway that’s my take on your discussion of the intellectual intelligence. The people that succeeded aren’t afraid they had something in their DNA or their upbringing that made them unafraid to take those risks.

[@addy1285]

I actually missed these kinds of videos from Tom. Nowadays, it feels like he's pushing political agendas instead. I come to this channel to know how to get better. If the program doesn't do that, I'm not interested!

[@DrewDynamite04]

WHat good is getting better if you can't utilize that new mindset to solve the hardest problems in the world. We realized as a channel motivation is different than action. We have to do both in real time and we are building a community of motivated people with a mindset to handle anything from uncomfortable conversations, the pending AI revolution and yes politics.

[@TomBilyeu]

Drew coming in hot! To his point, I hope all of the content helps you get better at navigating this world. I get not every topic will interest you. Fair enough. But my sincere hope is that it's all useful.

[@whitefox8291]

Nothing wrong with that. Tbh, i love these episodes where Tom and Drew come together and share their insights. Greetings from Montreal 🇨🇦

[@GlynTaylor]

Is this new or? I never know anymore

[@TomBilyeu]

We no longer release remixed episodes. Everything we drop is hot off the presses.

[@GlynTaylor]

@@TomBilyeu Hell yes, thanks! Notifications back on 🙌

[@Realestatewithintention]

37:57 why does Elon Musk’s balls catch your eye?… nice lol

[@luisdelafuente8562]

“Anyone who is poorer than me is dumber than me” .. wise words 🙄

[@TomBilyeu]

Wut? Who said that?

[@luisdelafuente8562]

@@TomBilyeu “If you were smart, then you’d be rich” combined with “I am rich” = “I am smart, and also smarter than anyone who isn’t rich” which is the same as “anyone who poor is also dumber than me”. Not a great way to start a discussion. It be like saying “if you were attractive you’d have a wife” or “if you were selfless you’d have children”

[@luisdelafuente8562]

Alex is a smart man and I respect what he has to share but it’s also very clear he defines his self worth based on what he has in comparison to others. Alain de Botton has a great lecture on how older culture put more emphasis on the role of luck or “fortune” in generate wealth. Which allowed for greater capacity for gratitude and humility when it comes. Both of which would dissolve his need to compare himself to others and get in arguments with family members about his wealth. (He mentioned this with Chris Williamson)

[@Jojo-p6p7t]

I think he defines smart as getting what you want in life. He wants wealth, others want other things. He isn’t the type to tell others what they should value. Naval had a quote “If you’re so smart, why aren’t you happy”.

[@sufficient.enough]

Did you even watch the episode? ironic

[@Zef44]

alex is 20 years younger than tom but talking at his level?

[@ka9dgx]

I really don't see how you can both look past the antisocial, if not downright sociopathic, aspects of Trump and Musk.

[@garydalybookmob5180]

Does anyone talk about the coming tsunami of AI Scam Bots?

[@hapaart]

copied the scammers using local numbers?

[@frank2222]

Saying rich people are the smartest is a stupid statement. If all you care about is wealth and that means happiness is the "STUPID"

[@mchammer1836]

What, what, what

[@mr.c2485]

“Rich” is subjective at best. If you’re 30 miles into a desert, do you take ten gallons of water 💦 or ten million in diamonds? Sure, you’re rich by economic standards , but your a dead man by physiological standards. My uncle has 12 mil. that he received because of an accident. He lost both his legs… He maintains that he would give the money back to get his legs restored. You do the math…..

[@TomBilyeu]

Agree with all of that, but if you can generate money by adding value to peoples' lives in a way that you find challenging and enjoyable, both the money and the lifestyle have utility. But no one should spend time doing things that don't excite them in the hope of getting rich.

[@TheMetaHistory]

The thing is we aren't 30 miles in a dessert we live in a urban metropolitan society, So tell me do you take ten gallons of water or ten million in diamonds?

[@jaskarvinmakal9174]

Alex is giving us the if you’re so smart why aren’t you rich argument. Well if you’re so rich why aren’t you smart?

[@NumeroSystem]

Become friends with the people who issue the money. If you are not friends with the people who issue the money then you will compete against others like yourself, to serve those who are.

[@Homeoffersunited]

Is this old?

[@TomBilyeu]

Brand spanking new.

[@stopdropnroll]

@@TomBilyeuspanking 😂 origins? Does it refer to a new born baby ie doctor spanking babies butt to get first cry / breath. Solving the big issues here.

[@dasfahrer8187]

Lol, there are certainly other far less exhausting ways to make enough money to be financially secure. I did none of this and have enough to own my own home and do what I want when I want. His is just the most exhausting way possible.

[@TomBilyeu]

Love that you found a path to financial security!

[@dasfahrer8187]

@@TomBilyeu Thanks, I wish it for everybody. The world seems so much less harsh and cold.

[@mchammer1836]

More hair please

[@bluebird5ekim]

Jesus was poor or rich? Define Wealth, Define Poor, Define Thyself

[@Lohse_dos2]

Agreed. However money to a certain extent is unfortunately needed.

[@JohnnyArtPavlou]

In this context, Jesus doesn’t count. Actually in this context, many followers, a different religions, don’t exactly count because they’re expecting a supernatural payoff in the next life. Let’s tell the truth.

[@Lohse_dos2]

@ you may choose to suffer. But I will not let my family suffer.

[@rickymartinez4951]

I love listening to Tom and Alex while I’m working out. After I have fasted for 16 hours and just ate my homemade breakfast burrito, made from Whole Foods. Then I can jump in my cold shower and meditate right before work. Am I doing this right??? 😉

[@rickymartinez4951]

Oh yeah and I’m going to share this episode on one of my breaks!

[@TomBilyeu]

Sounds good to me. 😂

[@Zef44]

Is Alex Hormozi regarded as "smart" by the podcast/business community?

[@cryptoraisers]

🎉

[@aleksandrasignatavicius6772]

wow

[@TomBilyeu]

I choose to read this as a good wow. 😂

[@aleksandrasignatavicius6772]

@@TomBilyeu it is good:)

[@Jaketthomas]

Tom, you OK? You don’t look well. You look super thin, pale, and your color looks off. Concerned about you. Get well soon.

[@TomBilyeu]

😂 Thanks?

[@kaceerock]

Sooooooo clutttchhhhhhhh

[@Aceinthehole117]

Did he swing by while he was on a camping trip? I only made it about 10 minutes into this…..zzzzzzz

[@MoFromTheHouseOfEl]

He always dresses like that. That's his thing.

[@kiberJegna]

I think you have been living under the rock. This guy is celebrity on KZbin

[@karnyt5843]

15th January 2025

[@HsPerformanceWi]

Tom taking advice from Alex who's net worth 1/4 of his and learning something is fantastic!

[@TomBilyeu]

Alex is brilliant. I've learned tons from him. I'll learn from any one with a high-utility idea.

[@rudynathan8852]

Maybe smart people dont want to be rich lol

[@TomBilyeu]

No doubt many smart people have no interest in wealth accumulation. But for anyone who wants to understand this game, this episode is for you.

[@spacejesus570]

And dude looks homeless.

[@MeemBeen]

Idealizing Elon's election interference is absolutely WILD to me. Truly feels unhinged. (Say what you want abot him as an entrepreneur or innovator. I'm not trying to debate any of that. Nor am i trying to say there is no knowledge in this video as a whole. I meant just what i said--millionaires forcing elections to go their way just by throwing money at them is not cool)

[@TomBilyeu]

We agree. Getting money out of politics would be amazing.

[@سمرخالد-ب2و]

أنـــا أقــســـــــم بــالــــلـه مــــــــا كــتـبـت هـــذا الكـــلام الا من الضيق وقسوت الضروف اني وامي واخوني نشأت من التعب اني طالبه من الله ثم منك لاتردني خايبه حسبنا الله ونعم الوكيل في من اوصلنا الا هاذا الحال يِآ نآس يِآآمٌـٍة مٌحًمٌد صِآرتٍ قلّوبگٍمٌ بلّآ رحًمٌهً ولآشفُقهً ولآ. أنسآنييهً گٍمٌ شگٍيِتٍ وگٍمٌ بگٍيِتٍ گٍمٌ نآديِتٍ وگٍمٌ نآشدتٌ ولگٍن لآ حًيِآٍة لّمٌن تٍنآديِ هًلّ يِرضيِگٍمٌ آن آخواني يِبگٍون ويِمٌوتٍون مٌن آلّجُوع. وآنتٍمٌ مٌوجُودون يِعلّمٌ آلّلّه آلّعلّيِ آلّعظيِمٌ آننآ لآ نمٌلگٍ حًتٍى قييمٌـٍة گٍيِلّو دقيِق آبيِ مٌتٍوفُيِ اخي اول كلامي انا اقسم بالله على كتاب الله اني لاكذب عليك ولا انصب ولا احتال اني بنت يمنيه من اليمن نازحين من انا واسرتي بيننا ايت الشهرب. 20 الف يمني والان علينا 60 الف حق 3 شهر وصاحب البيت من الناس الي ماترحم والله يا اخي انه يجي كل يوم يبهدلنا ويتكلم علينا ويريد من البيت للشارع لانناماقدرنا ندفعه الأجار شافونا الجيران نبكي ورجعو تكلمو الجيران ومهلنالاخره الأسبوع مدفعنا له حلف يمين بالله هذا بيخرجنا إلى الشارع رحمه واحنا. بلادنا بسبب هذا الحرب ولاجد قوت يومنا وعاشيشين اناوامي واخوتي سفاره والدنا متوفي الله يرحمه ومامعنا أحد في هذه الدنيا جاانبنا في هذه الظروف القاسيه اخوتي صغار يخرجو للشارع وشافو الجيران ياكلو ووقفو بابهم لجل يعطوهم عند كسره خبز والله الذي له ملك السموات والارض فقط ويطلق الباب وطردوهم ورجع يبكو ايموتو من ما احدهم وعطلة ردها لقمت عیش والان لوما احد ساعدنا في إيكيلو طاقة دقيق اقسم بالله انموت من الجوع فيا اخيرا انا دخيله على الله ثم عليك وريد من مساعده لوجه الله انشدك بالله تحب الخير واتساعدني ولو ب 500 ريال يمني مع تراسلي واتساب على هذا الرقم 00967716995906 وتطلب اسم بتي وترسلي ولاتتاخر وايعوضك الله خير بكل اخواني سغار شوف كيف حالتهم وساعدنا وأنقذنا قبل أن يطردونا في الشارع تتبهدل أو نشأت من المعاناة وانا واسرتي نسالك بالله لولك مقدره على مساعد لاتاخر علينا وجزاك الله خيرا. ~π~π~√π÷~π~π~√~π؛؛!!؛!؛؛؛؟!؟!! •-•♡🎉😢🎉😢🎉😢🎉😢🎉🎉😢🎉😢😢🎉🎉🎉🎉🎉🎉🎉

[@Franklinsaint-w3m]

For years i tried everything to manifest money with no success. Then I read a book called The secret money magnet formula by ronan virell and everything just clicked. This book is on another level

[@hoodooking1133]

Their is a entire system to keep people from not becoming wealthy and it depends on mostly luck and opertuinty it doesn't require being smart to be rich if you think so you believe what the government says

[@AP_Sim]

First

[@BADHOMBRESTV]

love Alex but way too much vocal fry on this interview.

[@chilamomwanza4127]

I'm Already Locked in 2029 anyone???

[@khong_xiong]

The issue with our society as it stands today is that the Left is now centrist, and the Right is too far right. Where do we draw the middle?

[@ByDesign333]

Luke 6:38...read it!

[@matthewao]

why does he look so tired

[@desmondschinkel3993]

Better question is ''How is he still able to work when tired (- If he is tired)?

[@Kurdish20226]

Cause of his transexual wife

[@janklosowski]

What does make you tired?

[@Desertpunk1986]

Probably just his natural face dude. Lol. His intellect is sharp. Hard to fake that when tired.

[@silveriver9]

Smart doesn’t equate to being rich. The smartest ppl in the world history channel their energies in other things.

[@sirblowfish5532]

Good on this dude but I hate listening to him.

[@TomBilyeu]

Any particular reason?

[@sirblowfish5532]

@@TomBilyeu he makes me feel resentment for things I value, like having a family and prioritizing non-financial goals.

[@Swauvehouse]

What is rich? You mean a lot of money printed by specific people. A bird is not richer than the fish bc they have more feathers in a world that has been attacked and concurred by birds. All people are given a hand at some point in their life. Some have had a bigger help than others. Being born one color puts you at one end and another color at another end of that spectrum.

[@Swauvehouse]

Certain people never mention slavery or racism when it comes to financial advice or why some are rich. Hmmm...and its not just the money. For generations certain people have been handed down valuable mindsets and ideas while others have been manipulated for generation to be confused and exploited. These details matter.

[@JohnnyArtPavlou]

Indeed, they do.

[@benwg]

This guy is a joke

[@makedeimpossiblehappenii8157]

Alex or Tom? How, just curious...

[@senorgringopapi2059]

Buy and hold bitcoin folks

[@adunzoroq33]

I see hormozi i scroll right past, bye! 😅

[@kiberJegna]

Lazy ass

[@TomBilyeu]

Fair enough. Hope you found something awesome!