People who don’t understand probability don’t know the word “Luck”. Today, Alex (@AlexHormozi) shares a quick lesson he learned while he was talking to his 18-year-old neighbor about probability, luck, why volume negates both those factors, and tries to paint a different frame of seeing success & the work required to get there.
Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.
Timestamps:
1:15 - Probability outcome: if you’re a business owner you have to gamble on marketing and assess the probability that you'll get a return on that investment.
2:20 - Alex dives into how volume plays a major factor in negating luck and probability
3:16 - The moment a person realizes that they’re reaching their desired outcome, they’re unwilling to continue and say “this is not for me”.
6:17 - The only thing that separates you from what you want is “skill”
8:43 - Alex talks about the question he asked his neighbor and how he’s “already twice as wealthy as the average college person who would be leaving”
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