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The Game w/ Alex Hormozi

You're Not Behind: My System for Outlearning Everyone | Ep 719

Mon Jun 03 2024
competencegift card strategymindsetpersonal growthskillssuccess

Description

The episode explores the levels of competence and their application in different business domains. It discusses the importance of following correct steps in a failed gift card strategy and the mindset of individuals who believe they are exceptions to success. The podcast also highlights the significance of achieving results, personal growth, and the role of skills and meta skills for success. Additionally, it emphasizes learning from successful people and the importance of execution in the learning process.

Insights

Levels of Competence

The five levels of competence are discussed, ranging from positive active to negative passive.

Gift Card Strategy

The importance of following correct steps in a gift card strategy is emphasized.

Mindset and Personal Growth

The mindset of individuals who believe they are exceptions to success is explored, along with the concept of personal growth.

Skills and Meta Skills

Successful people possess a wide range of skills and meta skills, contributing to their likelihood of success.

Learning from Successful People

Replicating actions of successful people and emphasizing execution in the learning process are key takeaways.

Chapters

  1. Levels of Competence
  2. Failed Gift Card Strategy
  3. Achieving Results and Personal Growth
  4. Skills and Meta Skills for Success
  5. Learning from Successful People
Summary
Transcript

Levels of Competence

00:00 - 06:22

  • The podcast discusses the five levels of competence and how they can be applied in different business domains to achieve success.
  • The top level of competence is 'positive active', where individuals believe they will succeed regardless of external factors and take full responsibility for their success.
  • The second level is 'positive passive', where individuals replicate successful actions of others with a positive mindset.
  • The third level is 'neutral passive', where individuals passively accept outcomes without actively seeking success.
  • The fourth level is 'negative passive', where individuals doubt their own ability to succeed and may not fully commit to achieving success.

Failed Gift Card Strategy

05:57 - 11:58

  • A discussion about a failed gift card strategy for businesses is highlighted.
  • The importance of following the correct steps in the gift card play, including getting referrals and introductions, is emphasized.
  • The podcast delves into the mindset of individuals who believe they are exceptions to success in various aspects of life.
  • The concept that identity and beliefs can hinder personal growth and acceptance of responsibility is explored.
  • People categorized as 'number five' have the potential to transform from negative active to highly successful by changing their approach and mindset.

Achieving Results and Personal Growth

11:41 - 18:02

  • A gym owner shares a story about a client named Autumn who initially believed nothing would work for her due to her special thyroid, but eventually lost weight by prioritizing being thin over being right.
  • Encouraging clients to focus on achieving results rather than just going through the motions leads to success and loyalty.
  • Comparisons are drawn between characters like Morpheus and Yoda in guiding individuals towards success by emphasizing the importance of action over trying.
  • Success is attributed not just to the final step, but also to the foundational skills and knowledge acquired along the way, highlighting the importance of building upon previous learnings.
  • Unequal outcomes among individuals can be explained by varying levels of skills and meta-skills they bring into their endeavors, influencing their likelihood of success.

Skills and Meta Skills for Success

17:41 - 23:46

  • Successful people have a wide range of skills and meta skills, making them more likely to succeed with vague instructions.
  • Meta skills help bridge gaps in knowledge and education levels, allowing for better problem-solving.
  • Learning from negative experiences by doing the opposite can lead to growth and improvement.
  • Champions create success regardless of conditions by focusing on winning no matter what.
  • Assessing team members based on their mindset towards challenges can help measure potential success.
  • Striving to be the best in everything learned and replicating successful strategies before iterating can lead to personal growth and success.

Learning from Successful People

23:34 - 26:09

  • Learning from successful people involves replicating their actions before iterating for improvement.
  • Stair-stepping progress by learning from multiple teachers and leveraging different skills.
  • Emphasizing the importance of execution in the learning process, whether success or failure, leads to valuable insights.
  • Believing in the possibility of achieving success in various endeavors by focusing on personal growth rather than proving others wrong.
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