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Stephen Bartlett

👤 Person
855 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So that's thing one. The next thing is, think about the, if you're a founder who's plagued with competition and being upset about it, I was one too, and I want to tell you how I got over it. So number one is think about the alternative, which is that no one copies you because no one cares about what you're doing. Well, then it would be a requisite for success that people copy you.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So that's thing one. The next thing is, think about the, if you're a founder who's plagued with competition and being upset about it, I was one too, and I want to tell you how I got over it. So number one is think about the alternative, which is that no one copies you because no one cares about what you're doing. Well, then it would be a requisite for success that people copy you.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So as long as you are successful, this is just a part of business. The second piece is by definition, if someone copies you, they are second, right? period. And so if you want to lead, you can't look at anyone else. You have to consistently be deriving the next step, the step six that's unseen from your first five steps to innovate rather than I'm just going to parrot the next thing.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So as long as you are successful, this is just a part of business. The second piece is by definition, if someone copies you, they are second, right? period. And so if you want to lead, you can't look at anyone else. You have to consistently be deriving the next step, the step six that's unseen from your first five steps to innovate rather than I'm just going to parrot the next thing.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So as long as you are successful, this is just a part of business. The second piece is by definition, if someone copies you, they are second, right? period. And so if you want to lead, you can't look at anyone else. You have to consistently be deriving the next step, the step six that's unseen from your first five steps to innovate rather than I'm just going to parrot the next thing.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And as soon as you find yourself copying, you have admitted defeat. You've admitted that you were no longer the leader and that you were just following in someone else's footsteps and you're giving them the baton and saying, you be the champion. I'm happy with second, third, fifth place. And in a winner-take-all world, like attention is, all the fruits go to the first place anyways. Amen.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And as soon as you find yourself copying, you have admitted defeat. You've admitted that you were no longer the leader and that you were just following in someone else's footsteps and you're giving them the baton and saying, you be the champion. I'm happy with second, third, fifth place. And in a winner-take-all world, like attention is, all the fruits go to the first place anyways. Amen.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And as soon as you find yourself copying, you have admitted defeat. You've admitted that you were no longer the leader and that you were just following in someone else's footsteps and you're giving them the baton and saying, you be the champion. I'm happy with second, third, fifth place. And in a winner-take-all world, like attention is, all the fruits go to the first place anyways. Amen.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So I will answer with how I derived my kind of life thesis, which was after we, so when we went to, so we had taken about $40 million in distributions from Jim Launch personally throughout the years that we ran the company. And then in the year of the sale, for those of you who've never sold a company before, you typically don't want to change a lot of things.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So I will answer with how I derived my kind of life thesis, which was after we, so when we went to, so we had taken about $40 million in distributions from Jim Launch personally throughout the years that we ran the company. And then in the year of the sale, for those of you who've never sold a company before, you typically don't want to change a lot of things.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

So I will answer with how I derived my kind of life thesis, which was after we, so when we went to, so we had taken about $40 million in distributions from Jim Launch personally throughout the years that we ran the company. And then in the year of the sale, for those of you who've never sold a company before, you typically don't want to change a lot of things.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

You kind of want the company to just be like, be stable, keep working, everything's fine. And so it's one of the most harrowing experiences to go through because you can't really change anything. And if you're the founder, you're always trying to innovate. So you can't do what you're normally doing. And you also can't start the next. So you can't change current and you can't start new.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

You kind of want the company to just be like, be stable, keep working, everything's fine. And so it's one of the most harrowing experiences to go through because you can't really change anything. And if you're the founder, you're always trying to innovate. So you can't do what you're normally doing. And you also can't start the next. So you can't change current and you can't start new.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

You kind of want the company to just be like, be stable, keep working, everything's fine. And so it's one of the most harrowing experiences to go through because you can't really change anything. And if you're the founder, you're always trying to innovate. So you can't do what you're normally doing. And you also can't start the next. So you can't change current and you can't start new.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

Because if the deal doesn't go through, then you don't want to start two businesses, remember? Because, you know, cardinal rule number one, we're not chasing women in the red dress. And so you basically have to sit idly by and just like let things operate. And so in that year, it was one of the most miserable years of my life because I basically had nothing to do.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

Because if the deal doesn't go through, then you don't want to start two businesses, remember? Because, you know, cardinal rule number one, we're not chasing women in the red dress. And so you basically have to sit idly by and just like let things operate. And so in that year, it was one of the most miserable years of my life because I basically had nothing to do.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

Because if the deal doesn't go through, then you don't want to start two businesses, remember? Because, you know, cardinal rule number one, we're not chasing women in the red dress. And so you basically have to sit idly by and just like let things operate. And so in that year, it was one of the most miserable years of my life because I basically had nothing to do.

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And when I looked back on my life, this sounds like, you know, I looked back on my life as though it's been so long. I looked at the days that I enjoyed the most. And on those days, I had worked out and I had produced something and I had done both of those with people I liked. And almost all of those days, I'd worked many, many hours

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And when I looked back on my life, this sounds like, you know, I looked back on my life as though it's been so long. I looked at the days that I enjoyed the most. And on those days, I had worked out and I had produced something and I had done both of those with people I liked. And almost all of those days, I'd worked many, many hours

The Game with Alex Hormozi
The Entrepreneurial Life Cycle That Will Make You Poor Or Rich (on DOAC Pt 2) | Ep 866

And when I looked back on my life, this sounds like, you know, I looked back on my life as though it's been so long. I looked at the days that I enjoyed the most. And on those days, I had worked out and I had produced something and I had done both of those with people I liked. And almost all of those days, I'd worked many, many hours