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The Game with Alex Hormozi

The Biggest Mistake I’ve Made in Business | Ep 177

12 min • 5 februari 2020

"The number one reason that people fail is because they are successful, then they change something." Today, Alex (@AlexHormozi) discusses the biggest mistake that successful entrepreneurs make: not being able to repeat successful actions. He explains that it is important to focus on quality assurance and consistently do the same actions to sustain success, even if it is boring.

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:

(1:10) - Not repeating successful actions leads to common mistakes.

(3:22) - Learn to say no, as the temptress of skill increases.

(4:10) - Bergman trap: fail and know why you failed correctly.

(6:51) - Profit comes from repeating the same actions, entrepreneurs get bored.

(8:41) - Quality assurance and consistent actions for continuous successful profit.

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