Volume Negates Luck | Ep 266

People who don’t understand probability don’t know the word “Luck”. Today, Alex (@AlexHormozi) shares a quick lesson he learned while he was talking to his 18-year-old neighbor about probability, luck, why volume negates both those factors, and tries to paint a different frame of seeing success & the work required to get there.

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:

(0:57) - Probability outcome: gamble on marketing, assess return on investment.

(2:02) - Volume negates luck and probability in business.

(2:58) - Realizing desired outcome, unwilling to continue, not for me.

(5:49) - Skill is the only thing that separates you.

(8:15) - Alex's question to neighbor, already twice as wealthy.

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