The Game with Alex Hormozi - Throwback: When It Gets Easy, Go Hard | Ep 581
Episode Date: April 28, 2025Wanna scale your business? Click here.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 and will learn on his path from $100M to $1B in net worth.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition Mentioned in this episode:Get access to the free $100M Scaling Roadmap at www.acquisition.com/roadmap
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There's no way to strike out.
You just have to wait and wait and wait until you get the perfect pitch,
that fat pitch that's in your sweet spot,
and then you step up and you knock it out of the park.
And if you look at the people who are the wealthiest in the world,
invariably, the vast majority, made their money with one vehicle.
The wealthiest people in the world see business as a game.
This podcast, The Game, is my attempt to documenting the lessons I've learned
on my way to building Acquisition.com into a billion dollar portfolio.
My hope is that you use the lessons to grow your business
and maybe someday soon, partner with us to get to $100 million and beyond.
you share and enjoy. I want to tell you a story that was really impactful for me earlier on in my life
and my business career. And it was when Layla and I went to the Pirates Who of Mastermind. Now,
if you've ever, you know, listen to my podcast or you've been on this channel, I've talked about
this before. But it was one of the most impactful experiences of my life. And it was because I had
multiple mentors who made more than me, speak belief into me, and also made sure that I capitalized
on the fat pitch. All right. And so I'll tell you how this went. So I was, Layla and I had just
gotten married. This was 2017 May. We had just gone from, you know, me almost losing everything
to this business that we had just shifted from a done for you flying out doing gym turnarounds
to a consulting service, teaching other people how to do our model. And we were doing, we were like in
our second month and doing 350,000 a month. It was insane. And it was just Layla, me and an assistant
selling over the kitchen table. It was absolutely bananas. I didn't even know. We made more money than I
knew what's even do with. It was crazy. You know what I mean? We're living on $1,200 a month and taking
home $340 of $350,000 a month. It was crazy. It's funny ways, I got invited to an eight-figure
mastermind and clearly, if you're doing the math there, I'm not making eight figures. And I felt
like really out of place. I was like, are you sure you want me to come? And he was like,
yeah, dude, you're going to like, you're going to blow past eight figures. I was like,
really? And so anyways, we get to this event, super nervous to speak, because all these guys
are like Titan. They're all doing, you know, 10 million, 20 million, 30 million. And I think
Russell at the time. I think they were doing 35 to show you how long ago it was because now I think
they're doing 150. And I got up there. It was finally my turn. And I, you know, I rode on the board
and I told how our whole process worked and how much money our gyms were making on average.
Actually, I'll start with Alex Sharfman said. So Alex Sharfran was in the room and he's like,
you have a $100 million business right now. And you don't even know it. And I remember feeling
like the air was sucked out of the room because I felt all of a sudden I was like really proud
of what I had accomplished. But all these guys made so much more money than me that they were like,
dude you need to like you need to step on the gas and i was like what they're like you've got a
huge thing in front of you if you if you like like you need to take advantage of this and at the time
i was saying how i was like okay we're making 350 a month and i'm going to start a supplement company
and they were like why would you want to start a supplement company just double your ad spend
because you're not spending anything on ads right now and i was like okay i guess i'll do
that because i listened to these guys because it made more money than me and i was like all
and so that was my end all so rather than starting another business i just kept doing the thing
that I was doing, which ended up being an amazing piece of advice for them to give me,
and I probably would have sabotaged myself. I had not paid for that. So it's like,
if you ever they have the opportunity to spend more than you're probably comfortable with
to be surrounded by people who make a lot more money than you, you will almost always
disproportionately move up faster. And every time in my life, I have always disproportionately
moved up faster when I can surround myself and figure out, I want them to speak into me
and tell me what I cannot see. Right. I'm like, tell me what I'm missing. What am I not seeing
that you can see? Right. Because for whatever your business is, right, or whatever your
skill set is, I'm sure that there's, if someone who's doing something that you
are very good at, you can immediately see what's going on. It doesn't take you, it takes you
seconds, right? You're like, oh, this is what's wrong, this is wrong. When I look at a business,
now I can be like, ah, this is the issue, right? It's immediate. But when you don't have the
context, you just run your head into the wall wondering what's going on, right? So anyways,
after the, my little presentation was over, Jason Fladley came up to me and he had done a hundred
million dollars on webinars. And I was like, man, this guy's super smart. And he was,
you know, he was really aggressive and bright. And I was like, man, we got to figure something out.
Or I don't want to say anything stupid. And so anyways, he comes up to me and he said,
you need to 10x overnight.
And I was like, what?
He said, if you, what you're saying is true and you're making gyms this much money,
he's like, someone bigger than you who already has all your customer base is going to take
everything you have and distribute it.
I was like, what?
He's like, they're going to take everything you have and just destroy you before you even
have a chance.
And I just felt even worse after this, right?
I feel this pit in my stomach.
And then he leaned into me.
And he said, when it gets easy is when you go hard.
And I remember how much I was shaken by that.
And Layla was right next to me.
And I was like, when it gets easy is when I go hard,
when it gets easy is when you go hard.
And the biggest gift I got from those guys there was that this was my fat pitch, right?
There are only a handful of opportunities that present themselves in the course of, you know,
entrepreneur's career where you have the opportunity, you have the skill.
And like basically the stars align, right?
Now, that being said, you have to develop the skills so that when the opportunity presents itself,
you can knock it out of the park and step up to the plate. But when I listen to Warren Buffett,
and he talks about investments, right, they choose very sparingly what things they're going to invest in.
But when they do, they back, they load the truck up. They go all in. You know, you find your sphere of
confidence in, and you just get pitches all day long, right? Just like a baseball analogy,
you get pitched over and over it. But you have no strikeouts, right? There's no way to strike out.
You just have to wait and wait and wait until you get the perfect pitch, that fat pitch that's in your sweet spot.
and then you step up and you knock it out of the park.
And if you look at the people who are the wealthiest in the world, invariably, the vast majority,
made their money with one vehicle.
They made all of their wealth, or the vast majority of their wealth, with one vehicle.
And then after they made their wealth, then they diversified, right?
And so this is one of the big issues that I feel like I see in the internet culture and the Instagram culture is they're like, you got to have like, the billionaires have seven, you know, revenue streams.
Yes, but they didn't have that.
you get there. Right now I have lots of revenue streams, but I didn't have that building this,
right? And so the idea is it looks much more like an umbrella. You've got one straight path all the
way up on one vehicle where you're all in invested, which is your business most of the time or your
career. And then it balloons out. Then it umbrellas out. And then you sprinkle those investments
and other things because you're overly leveraged in one business. But every single one of them,
most of the guys that you see all of them came from one one thing that made their money. And then
they sprinkled it out on top of the other vehicles. And so if you listen to Gary Vee even,
he talked about one of his biggest regrets was how when Google ads were really cheap that he should
have spent more for Wine Library. And all of these things kind of collided at the same time in my
life where I had, you know, like, I knew nothing. We're doing 300,000 a month. And I was like,
holy crap. Like what is going on? Is this legal? I don't want to mess it up. Like it's just like,
holy. And so, but because of their encouragement, rather than a, distract myself and start another
business, right? All we did is we, I followed what they said. I five X my eyes meant. And,
and then it just took off like a freaking rocket. You know what I mean? We went from, you know,
350 to 1.5 million in the next like five months, as in per month. And so it was just bonkers.
And I just listened to what they had said. And so my, my, my, my takeaway from this and me sharing
the story is that I don't know what pitches you have in front of you. There are only a certain amount of
times where we're going to get that fat pitch. And I think we might the point of this is that if it
is easy for you right now, this is the time to step up. I was talking to some entrepreneurs that were
younger, not that long ago. And they went from, you know, next to nothing. I think, not next to nothing.
I think they were doing that. That sounds horrible. What I'm about to say? So they were doing like
one or two million dollars a year. I didn't mean it like that. But their last month, they made like
$20,000 or $30,000 in their last month of the year. And then the next month, they, they hit this offer out of
the frickin park and they they did three million and they did five million the next month in
revenue i mean that's insanity i mean i've i've never heard of anything growing that fast without like a
jv you know like some sort of joint venture thing like never in my life i've heard something grow that fast
and they're like yeah you know we're trying to like enjoy the fruits of our labor and not
spend a ton of time on the business on the business and i wanted and i got to have the
opportunity to be the the older person in the situation because i could see in them what i
imagine people saw on me, which is like, you've got a hot one right now. Like you need to ride it hard.
Like when, strike when the iron is hot, right? When the fat pitch comes, you step up and you put
everything you've got into it. And so like this is not the time to try and figure out work life
balance because you're going to have this finite window where you're going to make disproportionate
amounts of money, where you're going to make your generational wealth in this short gap. And we just
have to hope that when that opportunity presents itself, we take full advantage. Right. If you're going to
California and during the gold rush in 1849 and you start panning for gold and you start
getting gold, that's not the time to say, you know what, I've made it, I'm going to stay
home, I'm only going to pan for gold an hour or two a day. Of course not, right? Because you'd be like,
I got to pay, I got a train, it's trying to take as much gold out of this river as
humanly possible. It seems obvious to us from the outside, but when you're in it, you have all
these other things that are going on in your mind, right? And the thing is, is that opportunity
like many are finite, right? There's a defined period of time where you're going to be
able to ride that wave and be early on it and crush it. And so most people who were very wealthy
had one big pitch that they swung hard on. And then after they've made it, then they sprinkle
their other investments. Just don't try and reverse engineer the wrong sequence. Real quick,
guys, I have a special, special gift for you for being loyal listeners of the podcast. Layla and I
spent probably an entire quarter putting together our scaling roadmap. It's breaking scaling
into 10 stages and across all eight functions of the business.
So you've got marketing, you've got sales, you've got product, you've got customer success,
you've got IT, you've got recruiting, you've got HR, you've got finance.
And we show the problems that emerge at every level of scale and how to graduate to the next level.
It's all free and you can get it personalized to you.
So it's about 30-ish pages for each of the stages.
Once you enter the questions, it will tell you exactly where you're at and what you need to do to grow.
It's about 14 hours of stuff, but it's narrowed down so that you only have to watch.
watch the part that's relevant to you, which will probably be about 90 minutes.
And so if that's at all interesting, you can go to acquisition.com forward slash roadmap,
ROAD map, roadmap.
