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Short · MoreMozi

The biggest misconception I had when starting a business was that I would somehow “know enough”

A blunt path to starting a business: get bad at a skill, do free work until people ask for it, wait until demand exceeds what you can handle, then convert free clients to paying ones.

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Alex
Channel
MoreMozi

Alex Hormozi ›

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Format
Short
Origin
MoreMozi Shorts
Transcript
Full transcript on this page

Key takeaways

  • Starting a business for dummies.
  • And then offer to keep working for the free clients for money.
  • Once you do that, congrats, you have a business.

Chapters

  1. 0:00
    Abschnitt 1 Starting a business for dummies.

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

1 segments

0:00Starting a business for dummies. Suck at something, work for free lots of times, and suck less. Wait until people ask you for free work, and then you [music] can't take them on because now you have more demand than you have supply. And then offer to keep working for the free clients for money. Boot out the free clients for the paid clients. Once you do that, congrats, you have a business.