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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

And I think that's the, people will compare year zero to year zero, but not year four to year zero. And the thing is, is you actually, we have a linear life. And so we, that is, it's an unfair but true comparison of the opportunity cost. And every exceptionally successful entrepreneur that I know has just stuck with one thing for such an inordinate amount of time. And I think there's a quote by-

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

And I think that's the, people will compare year zero to year zero, but not year four to year zero. And the thing is, is you actually, we have a linear life. And so we, that is, it's an unfair but true comparison of the opportunity cost. And every exceptionally successful entrepreneur that I know has just stuck with one thing for such an inordinate amount of time. And I think there's a quote by-

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

And I think that's the, people will compare year zero to year zero, but not year four to year zero. And the thing is, is you actually, we have a linear life. And so we, that is, it's an unfair but true comparison of the opportunity cost. And every exceptionally successful entrepreneur that I know has just stuck with one thing for such an inordinate amount of time. And I think there's a quote by-

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

I want to say Shane Parrish. But he said, success is doing the obvious thing for an extraordinary period of time without believing that you're smarter than you are. And it's just like, we know what we need to do. And So we don't need to make our lives more complex. Complexity will come with scale, I promise.

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

I want to say Shane Parrish. But he said, success is doing the obvious thing for an extraordinary period of time without believing that you're smarter than you are. And it's just like, we know what we need to do. And So we don't need to make our lives more complex. Complexity will come with scale, I promise.

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

I want to say Shane Parrish. But he said, success is doing the obvious thing for an extraordinary period of time without believing that you're smarter than you are. And it's just like, we know what we need to do. And So we don't need to make our lives more complex. Complexity will come with scale, I promise.

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

And so just simply trying to do more of what you're already doing well is already hard enough. Don't add anything else. And so like, if you need to write some sort of commitment of like, I'm just going to stick with this, then do that. But what happens is when we were talking about the levels earlier about like beating the bosses, right?

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

And so just simply trying to do more of what you're already doing well is already hard enough. Don't add anything else. And so like, if you need to write some sort of commitment of like, I'm just going to stick with this, then do that. But what happens is when we were talking about the levels earlier about like beating the bosses, right?

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

And so just simply trying to do more of what you're already doing well is already hard enough. Don't add anything else. And so like, if you need to write some sort of commitment of like, I'm just going to stick with this, then do that. But what happens is when we were talking about the levels earlier about like beating the bosses, right?

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

So what happens is, you know how to beat boss one through three of the game. And so then you just say, okay, well, I'm just going to start the game over and beat boss. I mean, this time it's going to be different. But then you just get to level three again, and then you're stuck again.

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

So what happens is, you know how to beat boss one through three of the game. And so then you just say, okay, well, I'm just going to start the game over and beat boss. I mean, this time it's going to be different. But then you just get to level three again, and then you're stuck again.

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

So what happens is, you know how to beat boss one through three of the game. And so then you just say, okay, well, I'm just going to start the game over and beat boss. I mean, this time it's going to be different. But then you just get to level three again, and then you're stuck again.

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

And so people just keep getting up to level three and new endeavors over and over again because they never learned how to get past that boss. And so you just have to confront the uncertainty of knowing that you don't know how to do it, but that you will figure it out if you keep doing enough repetitions. And that's where you talk to as many people as you can.

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

And so people just keep getting up to level three and new endeavors over and over again because they never learned how to get past that boss. And so you just have to confront the uncertainty of knowing that you don't know how to do it, but that you will figure it out if you keep doing enough repetitions. And that's where you talk to as many people as you can.

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

And so people just keep getting up to level three and new endeavors over and over again because they never learned how to get past that boss. And so you just have to confront the uncertainty of knowing that you don't know how to do it, but that you will figure it out if you keep doing enough repetitions. And that's where you talk to as many people as you can.

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

You see what they said, you consolidate it all and you say, I think this is the highest likely path. It might not work, but I do believe fundamentally that if we cut people's hair well, and we do it for a long period of time, we will have a thriving business. And if we have a really good model from that thing, we might be able to open up another location.

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

You see what they said, you consolidate it all and you say, I think this is the highest likely path. It might not work, but I do believe fundamentally that if we cut people's hair well, and we do it for a long period of time, we will have a thriving business. And if we have a really good model from that thing, we might be able to open up another location.

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

You see what they said, you consolidate it all and you say, I think this is the highest likely path. It might not work, but I do believe fundamentally that if we cut people's hair well, and we do it for a long period of time, we will have a thriving business. And if we have a really good model from that thing, we might be able to open up another location.

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

And if we keep our costs down, we might be able to have an actual model that we could either invest our own capital or bring somebody else and take it national. All of these, I have yet to find a business that can't get to $100 million a year, that has a permutation of it that exists. You're a dry cleaner. Fine. Well, cool. We'll build the model.

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

And if we keep our costs down, we might be able to have an actual model that we could either invest our own capital or bring somebody else and take it national. All of these, I have yet to find a business that can't get to $100 million a year, that has a permutation of it that exists. You're a dry cleaner. Fine. Well, cool. We'll build the model.