In a candid conversation, Alex Hormozi and Danny discuss the psychological and entrepreneurial insights gained from personal experiences and professional endeavors. Alex shares a transformative college assignment that led to a profound understanding of his mother's struggles, reshaping his perception of her and their relationship. This realization underpins Hormozi's philosophy that empathizing with others' experiences can dissolve anger and resentment. He extends this principle to business, emphasizing the importance of patience, learning from mistakes, and adjusting expectations to reality. Hormozi also reflects on the immense effort required to achieve excellence, whether in crafting a book or growing a business, underscoring the value of long-term commitment and consistent, focused work. Danny resonates with Alex's approach to meeting challenges with understanding and persistence, highlighting the importance of these attitudes in personal growth and success.
"And what happened through the course of going through that assignment was not what I expected, because as I went through and I picked my mother, and she's been public about suffering from depression and add and things like that, that I picked that."
This quote explains that Alex's choice of his mother for the psychology assignment led to unexpected personal growth and understanding of her challenges.
"And so if I am very angry with someone, it's become a check for me where I'm like, oh, I must not understand something."
Alex uses his anger as a cue to realize that there is a lack of understanding, which he then seeks to resolve.
"But when I started writing narratives around how someone experienced life that would make it reasonable that they would act or behave or believe what they believe, all of a sudden, I felt like I understood."
Alex's approach to writing narratives from other people's perspectives aids in his understanding and resolution of anger.
"And so I just remember looking at her and being like, I understand, and I'm sorry."
Alex's statement to his mother during an argument shows his new perspective and the emotional detachment that allowed for reconciliation.
"It's really interesting that your normal reaction to her wasn't the same, and thus her reaction was different to you breaking down, because it almost reminds me of how Layla, your wife, sometimes acts when you get angry."
Danny draws a parallel between Alex's experience with his mother and how Alex's wife responds to his anger, highlighting the power of love and understanding in changing emotional responses.
"And so a lot of the angst that we experience of the anxiety, the sadness, the anger, whatever it is, it comes from the fact that our expectations are unmet."
Alex highlights how unmet expectations are the root of negative emotions, suggesting that adjusting expectations is key to emotional management.
"And so I think that that is one where you surrender to reality through acceptance. And you say, like, this is period. And it's not good or bad."
This quote emphasizes the importance of accepting reality without labeling situations as good or bad to maintain emotional equilibrium.
"And I think getting used to not getting my way, comma, and saying that that's okay has been one of the big psychological hacks that I've had in my life that have decreased my anxiety levels and my anger levels around responding to stimuli that I wouldn't, at the onset say was what I wanted, because I might not know."
This quote explains how adjusting expectations and accepting outcomes, whether they align with personal desires or not, can significantly reduce anxiety and anger.
"I might have been doing the right thing, but I was not doing nearly enough of it."
This quote captures the essence of the lesson learned from the flyer distribution story, which is that correct actions must be taken at a sufficient scale to yield results.
"It's the high fruit that take the ladder, that take the climbing, that take getting cut by thistles and leaves and whatever, that's still there for the picking."
This quote metaphorically describes the effort required to achieve the most rewarding successes, which are often the most challenging to attain.
"Because at that point, there was nothing else that I could think of that I could do to improve it."
This quote reveals Hormosi's criterion for considering his work complete: the inability to find any further improvements after extensive effort.
"The more you do, the more you realize you can do."
This quote succinctly captures the concept that experience and practice expand one's perception of their capabilities, leading to higher standards for their work.
"I spent two years writing and editing this book. Years. And it could also flop, right? It could. You never know. It could flop."
This quote highlights the risk and commitment involved in long-term projects, like writing a book, and the reality that outcomes are uncertain despite the effort invested.
"I would love, like, a third test of this, and maybe somebody can send it to me if they've done this, but it's how long can you make the kid wait for the marshmallow?"
Alex is curious about extending the marshmallow test to longer durations to better understand long-term thinking and impulse control in individuals.
"You have to figure out what to do in the meantime. Like, patience isn't actually active."
Patience is redefined by Alex as an active process where one engages in other productive activities while awaiting a long-term goal.
"They don't try and think, I'm going to run 26 miles if they're running the marathon. They say, how do I break this into a chunk that I can manage?"
Breaking down large goals into smaller, manageable chunks is a strategy used by experts to maintain focus and achieve success in long-term projects.
"Great triumph takes great sacrifice, just is what it is."
This quote encapsulates the idea that significant achievements require substantial effort and sacrifice.
"You'd be amazed at how much progress you can make if you cut down the time between when you acknowledge the work and when you start doing the work."
Alex stresses the importance of promptly starting work once it is recognized as necessary, which leads to faster proficiency and greater long-term success.
"The work needs doing. It's just like, there's no way around it. It just has to be confronted."
This quote emphasizes the necessity of confronting work head-on, without excuses or delays, as a fundamental step toward achieving goals.
"The work needs feedback. So you gain proficiency with expert eyes, giving you feedback on the work you do."
Feedback is crucial for improving work and moving towards proficiency, as it provides guidance on how to refine and enhance one's efforts.
"I want you to do 100 reps every day. I don't want you to do the same 100 reps every day. I want you to get better with all the reps. And if you haven't looked at the end of the day and said, what could I do better? How could I improve? And if you don't have somebody on the outside eyes being like, hey, you stumbled here on this call, or, hey, when they said this, let's drill this, let's do this a couple of times, that's how you get better, right?"
This quote highlights the importance of self-improvement and learning from each experience, not just going through the motions. It also underscores the value of constructive criticism from external observers to identify areas of improvement.
"I've closed over 4000 [sales calls]." "I don't think that the sales skill that I had necessarily translated into the content skill."
These quotes illustrate the speaker's vast experience in sales and acknowledge that skills from one domain (sales) do not always directly translate to another (content creation), indicating the need for dedicated practice in each area.
"I have six years of podcasts... I made a podcast for four years and didn't grow... Then I started trying to learn it and trying to get better."
This quote reflects the speaker's journey of commitment to a podcast for years without significant growth, followed by a decision to actively seek improvement, demonstrating the value of persistence and the pursuit of progress.
"I think there are skills and there are meta skills. So meta skills are skills that help you learn skills... the education system should only be on metaskills so that you become like a stem cell for knowledge."
The quote emphasizes the distinction between specific skills and meta skills, which are foundational abilities that enable the learning of multiple other skills, suggesting that education should prioritize teaching these meta skills.
"Repeat successful actions. Get feedback from people who are further ahead than you... measure what you do today faster, but measure what happens from what you did today longer."
This quote provides a concise strategy for skill acquisition and achieving long-term success, emphasizing the importance of quick feedback on actions and patience in awaiting results.
"I reject the concept of being a born entrepreneur. I think that we get better at things that we are reinforced for doing, period."
The quote challenges the idea that entrepreneurial skills are innate, suggesting that they are instead developed through reinforcement and practice, and that anyone can become an entrepreneur with the right encouragement and learning experiences.