Alex Hormozi: I made $30,000,000 by changing this belief...

The video is about how to get unstuck in your business by examining whether you lack a belief, a character trait, or a skill, and using the example of a business owner who believes that no one in his space makes more than two million dollars a month.

This video by Alex Hormozi was published on Jul 30, 2021.
Video length: 07:01.

In this video, Alex Hormozi discusses how beliefs, traits, and skills can impact a business owner's ability to grow their business.

He shares a conversation he had with a business owner who believed that no one in their space was making more than two million dollars a month. Hormozi challenges this belief and explains how it can limit a business owner's potential.

He emphasizes the importance of having all three factors - beliefs, traits, and skills - to achieve success in business.

• The video discusses getting unstuck in business.
• Beliefs, traits, and skills are all necessary for success.
• Beliefs can limit growth and need to be challenged.
• Traits such as patience and other-centered focus are necessary for success.
• Skills such as recruiting, sales, and marketing are necessary for growth and success.

I made $30,000,000 by changing this belief... - YouTube

Introduction

• The video is about getting unstuck in your business.
• Stuckness can be due to a belief, character trait, or skill deficiency.
• Beliefs, traits, and skills are all necessary for success.

Beliefs

• Beliefs can limit growth in business.
• Beliefs can be incorrect and need to be challenged.
• Beliefs can be changed by looking at competitors and market potential.
• Believing in the possibility of growth is necessary for success.
• Beliefs can be a subconscious barrier to pushing a product or service further.

Traits

• Patience is a necessary trait for success in business.
• Self-awareness is necessary for believing in the positive impact of a product or service.
• Self-centered focus can limit growth potential.
• Other-centered focus can lead to growth and success.
• Some individuals may lack necessary traits for success in business.

I made $30,000,000 by changing this belief... - YouTube

Skills

• Skills are necessary for growth and success in business.
• Skills can be acquired through learning or hiring.
• Skills can include recruiting, sales, and marketing.
• Lack of necessary skills can limit growth potential.
• Acquiring necessary skills is important for overcoming stuckness in business.

Conclusion

• Beliefs, traits, and skills are all necessary for success in business.
• Challenging limiting beliefs, developing necessary traits, and acquiring necessary skills can help overcome stuckness in business.
• Success in business is possible with the right combination of beliefs, traits, and skills.

How to Get Unstuck in Your Business

• Examine whether you lack a belief, a character trait, or a skill.
• If you believe in your product, you want to be the one driving it and growing it over time.
• Break down whether there is an actual cap on how big your market is.
• If you are in the one percent or half a percent of your marketplace, you haven't capped your market, you just have capped your skill, beliefs, or traits.
• Look at your competitors and figure out how to do each aspect of your business better than them.
• If you are stuck, it's not because of your market, but because of your beliefs, traits, or skills that you lack.

Watch the video on YouTube:
I made $30,000,000 by changing this belief... - YouTube