How to Start a Business | Ep 514

“Intelligence is actually a speed, it's rate of learning.” Today, Alex (@AlexHormozi) breaks down the steps needed to start a business and make money, including setting up an entity, obtaining a bank account and payment processor, and identifying what to sell and to whom. He also emphasizes the importance of solving problems and providing value to customers, and advises starting with providing services for free to gain experience and build a customer base.

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:

(1:06) - How to start a business & 6 types of products to sell

(2:56) - Identify what to sell & solve other’s problems

(7:26) - The problem is you’re afraid to start a business

(8:47) - Change behavior to learn and become smarter

(11:10) - Decide if you focus on the technical or business aspect.

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

Listen to this knowledge and level up!

If your ready to truly level up in the business realm this podcast will be a super powerful tool. This is my whole tiktok feed but I just recently started listening to the full length podcast and it really put all the pieces together! Get to work!

The Holy Mozi

Alex just absolutely drenched in wisdom and clarity on this one!

He explains how to build a business in 13 minutes with more clarity then any 8 hour business book I’ve read thus far.

Hearing this made me arise out of my comfy sofa David goggins style calling myself a pussy and busted out push ups and started cooking up on the whiteboard!

Building a billion dollar business from first principles thinking!

I will reach out soon when I hit the 3 mill mark to partner with acquisition

A true living legend