649: Alex Hormozi on The “Weak Links” That Will Make Anyone a Millionaire

Alex Hormozi is quite literally the one hundred-million-dollar man. If you haven’t heard of Alex before, prepare to have your mind blown wide open. He’s the poster child for entrepreneurialism on the internet, founding multiple eight and nine-figure businesses, including his current venture that does over $150M per year in revenue. He’s one of the wisest founders and CEOs out there, not because he does so much, but because he knows when to do less. One of Alex’s first successes, Gym Launch, proved how repeatable building multi-million dollar businesses can be. He quickly ramped up revenue, grew a team, and began cash-flowing seven figures. But, this was just the beginning. Over the past decade, Alex has advised numerous start-ups and established businesses, blowing revenue and sales figures out of the water by introducing easily-repeatable systems into the mix There aren’t many people who think like Alex is in his industry, or in any industry, to be fair. But, you don’t need to be just like Alex to use his teachings in real life. In this episode, Alex lays out the scaling system that will make you seven figures before you know it. He also talks about the one investment every entrepreneur should make—one that almost guarantees success, regardless of the field you're in. Want to learn how to ditch the burnout, make moves that count, and start bringing in millions? Hit play on this episode. In This Episode We Cover: Alex Hormozi’s journey from complete rookie to $150M in cash flow  How to scale your business from low revenue to seven-figures and beyond  The “weak link” every entrepreneur should focus on strengthening immediately  Hiring the “stallions” that can run your business better than you’ve ever dreamt  The “prescriptions of activation” that lead to massive success, with far less confusion  Why just being “good enough” can lead to more success than people think  And So Much More! Links from the Show BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast Get Your Ticket for BPCon 2022 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Youtube Rob's Instagram Rob's TikTok Rob's Twitter The Simplest Way to Successfully Scale Your Business The Millionaire Formula—10 Steps to Hit 7-Figure Net Worth How to Succeed at Doing Anything w/David Greene Books Mentioned in the Show: $100M Offers by Alex Hormozi Crushing It in Apartments and Commercial Real Estate by Brian Murray Connect with Alex: Work with Alex and Scale Your Business at Acquisition.com Alex's YouTube Alex's Instagram Alex's Twitter Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-649 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices