The Ultimate Guide To Making 2025 Your Best Year Ever | Ep 796
episodePreviously titled “The Ultimate Guide To Making 2025 Your Best Year Ever | Ep 815” — renamed by the publisher on Aug 2, 2026
Transcript
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What key changes did Alex Hormozi make in 2020?
in 2020 my life changed forever it was the year that i started acquisition.com and since then four of my companies in our portfolio have crossed the 100 million dollar enterprise value barrier but none of that would have been possible without the changes i made that year and so no matter what your goals are whether it's to make more money you know find the relationship or whatever here's my brutally honest advice to make this year the best year of your life so there's four steps the
How can you create space for growth?
The first thing we have to do is we have to create space. We have to eliminate the things that are preventing you from taking the action you want. The second step is actually to begin taking that action. The third is that once those actions begin to improve the efficiency of those actions. And then finally, fourth, to make sure that you unlock compounding by not stopping the actions that are continuously improving. So number one, elimination of the things that are distracting you. So right now, election distraction is over. back to work because no president is going to make you rich. You got to do that for yourself, no matter what side of the aisle that you actually backed.
What are the four essential steps to improve your efficiency?
And so now we're back to the realization that this doesn't really matter, right? You need to eliminate everything. That isn't the one thing that matters. And so if we define focus as the number and quality of things that you say no to, then to be focused, it means that in a hypothetical extreme, you would only do one thing.
Why is focus crucial for success?
So if someone was extremely focused at video games, then they would do nothing but play video games. They wouldn't eat, they wouldn't sleep, they wouldn't talk to people, they would only play video games. And so if you think about that as your hypothetical ideal of what focus looks like, Everything else is simply a detraction from that, which is why the first step is about eliminating everything else. And so by default, what remains is your focus. And something that I don't talk about often, but during COVID, 100% of the businesses that I served, gyms, were not legally allowed to do business. And in that year, we did $31 million in sales to customers who could not legally transact. And so I bring this up as a testament that after that point happened for me, I decided that I would never give outside circumstances any weight on their outcome in my life. Now, did they affect the business? Yes, our sales reduced from the year before. But how much of that could I control? Zero.
And so all I could do was look at the things that I could control. And so within that context, thinking, oh, interest rates are up by 2%. Well, 100% of your customers are allowed to do business. So that's at least better than that. Oh, inflation is getting out of control. Are you allowed to do business? There's this great quote by Phil Knight.
How can you identify and eliminate distractions?
who talks about in Shoe Dog, he said, you're not out of business until they have put padlocks on your door and no one lets you into the building. And so what happens is there's so many steps before that where people think they failed when it's really like they get rejected or they get rejected 100 times in a row or there's some issue. He's like, basically, until you physically are prevented from doing work, You're still in the game. When I was young, my father gave me this advice. Rich people buy time. Poor people buy stuff. Ambitious people buy skills. Lazy people buy distraction. I can give you the first and easiest 2025 prediction. Look at what you spend money on, Look at your calendar and wherever you invest is what you will get more of. And so, so many people are surprised when they look at their bank account next year and it's lower than they want it to be. They look at their accomplishments from that year and it's not the things they set out to do.
But when you look at their calendar and their credit card expenses, it's very obvious why those things didn't happen. Because we vote with our dollars about the things that we care about. We vote about the type of person that we want to become. And so I'll give you this story. So I remember when I was a few years back, I was walking with Layla and we went to Sephora, which is like a makeup store.
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Chapters
8 chapters
1
What key changes did Alex Hormozi make in 2020?
0:00–0:24
2
How can you create space for growth?
0:24–1:02
3
What are the four essential steps to improve your efficiency?
1:02–1:22
4
Why is focus crucial for success?
1:22–2:39
5
How can you identify and eliminate distractions?
2:39–13:38
6
What role do your relationships play in achieving your goals?
13:38–1:23:51
7
How can understanding failure benefit your success?
1:23:51–1:30:07
8
What mindset shifts are necessary for long-term success?
1:30:07–1:40:30