In this episode of Impact Theory, Tom Bilyeu interviews Alex Hormozi, the founder and CEO of Gym Launch, to debunk common misconceptions about success. They discuss the importance of developing a successful mindset, overcoming personal limitations, and the role of fear in achieving goals.
To achieve success, it is important to develop a mindset that removes limitations and focuses on the future version of oneself as the ultimate judge. This involves unlearning behaviors learned from others’ feedback and identifying and removing personal limitations. Personality is not fixed, but rather made up of individual skills that can be trained. By learning behaviors that lead to success, individuals can overcome obstacles and achieve their goals.
Inaction is a common destructive behavior that prevents success. Fear of failure is often the real enemy, as people are afraid of other people’s judgment about their failure. Building self-esteem around traits that can be evidenced by the things one does, such as hard work, can help overcome this fear. Encouraging individuals to view failure as an opportunity for growth and learning can also help them overcome their fear and take action towards their goals.
Delaying gratification and having a clear vision of what one wants to achieve are crucial for building self-esteem and driving efforts towards a greater impact. Drive can come from either a pull or away from motivation, but it’s important to start with whichever one an individual has more of. Passion and purpose are not something that is found, but rather made by doing things that one initially sucks at until they suck less and eventually become good.
Holding sophisticated ideas in one’s head is important for facing failure and pushing forward towards goals. Confidence without evidence is delusion, so it’s important to have evidence to back up one’s confidence. Looking back at past successes can provide evidence to increase confidence. Additionally, reframing failures as wins that didn’t happen can help maintain confidence and motivation.
Building an emotional connection to one’s passion is a sophisticated process that not everyone can pull off. Chunking down goals and building evidence of consistency on small behaviors can increase confidence in achieving larger goals. Virtues are behaviors that can be trained, and success is not just about thinking positively, but also about doing the right things.
Developing a successful mindset, overcoming fear and failure, finding passion and purpose, building confidence, and aligning behavior with goals are key factors in achieving success. By understanding and implementing these principles, individuals can break through limitations and create the life they desire.