constraints

Should you become an artist or an accountant? Did Sylvia Plath have to be depressed to write The Bell Jar? And what can Napoleon Dynamite teach us about the creative life?

RESOURCES:

• "The Science of Why You Have Great Ideas in the Shower," by Stacey Colino (National Geographic, 2022).
• "So, You Think You’re Not Creative?" by Duncan Wardle (Harvard Business Review, 2021).
• "The Correlation Between Arts and Crafts and a Nobel Prize," by Rosie Cima (Priceonomics, 2015).
• "Report: State of the American Workplace," by Gallup (2014).
• "Poverty Impedes Cognitive Function," by Anandi Mani, Sendhil Mullainathan, Eldar Shafir, and Jiaying Zhao (Science, 2013).
• "Forks in the Road: The Many Paths of Arts Alumni," by the Strategic National Arts Alumni Project (2011).
• "A Meta-Analysis of 25 Years of Mood-Creativity Research: Hedonic Tone, Activation, or Regulatory Focus?" by Matthijs Baas, Carsten K. W. De Dreu, and Bernard A. Nijstad (Psychological Bulletin, 2008).
• "The Relationship Between Creativity and Mood Disorders," by Nancy C. Andreasen (Dialogues in Clinical Neuroscience, 2008).
• "The Broaden-and-Build Theory of Positive Emotions," by Barbara Fredrickson (Philosophical Transactions of the Royal Society B, 2004).
• "Happiness and Creativity: Going With the Flow," by Mihaly Csikszentmihalyi (The Futurist, 1997).

EXTRAS:

• "Why Are Rich Countries So Unhappy?" by No Stupid Questions (2022).
• "Do You Really Need a Muse to Be Creative?" by No Stupid Questions (2021).
• "Does All Creativity Come From Pain?" by No Stupid Questions (2020).
• "How To Be Creative," series by Freakonomics Radio (2018-2019).
• "How to Be Happy," by Freakonomics Radio (2018).
• Napoleon Dynamite, film by Jared Hess (2004).
• The Bell Jar, by Sylvia Plath (1963).
• Connections, game by The New York Times. 

SOURCES:

• Stephen Covey, author.
• Mihaly Csikszentmihalyi, professor of psychology and management at Claremont Graduate University.
• Barbara Fredrickson, professor of psychology at the University of North Carolina at Chapel Hill.
• Sigmund Freud, psychologist and founder of psychoanalysis.
• Jared Hess, filmmaker.
• Abraham Maslow, 20th-century psychologist.
• Sylvia Plath, 20th-century poet and novelist.
• Martin Seligman, professor of psychology at the University of Pennsylvania.
• Duncan Wardle, former head of Innovation and Creativity at the Walt Disney Company.

“The way you act during the deal process is a great predictor for us or a great measuring stick for us to see how you're gonna act afterwards.” Today, Alex (@AlexHormozi) discusses the importance of being founder-friendly in investment decisions and prioritizing the qualities of the founder over the business. He also shares his views on private equity models and the need for hard conversations in unlocking business growth.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(0:40) Founder-friendly approach during deal process.

(10:02) Prioritize founder over the business.

(18:53) Theory of constraints in investment decisions.

(29:13) Disruptability by AI and bigger companies.

(34:36) Business doesn't require perfection or compounding vehicle.

(40:22) A "gray hair" on the team is needed.

(44:43) Checklist for selection as a portfolio company.

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LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

"If what you do every day doesn't necessarily change, but how much you get credit for, it does, then you get more for what you put in.” Today, Alex (@AlexHormozi) discusses how to identify and solve the real constraints holding back a business. He also provides examples of three businesses with different problems but the same larger issue and explains how to approach each one to find the real constraint and create a path to growth.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(1:43) Theory of constraints: focus on the constraint for outsized returns.

(4:52) Appointment-setting business: niche down or partner with a bigger business.

(8:23) HVAC business: learn HVAC, partner, or buy and juice up.

(12:27) Size of the slice of the pie matters.

(14:44) Influencer business: build sales, product, and customer success departments.

(21:44) Framework: identify the problem to solve.

Follow Alex Hormozi’s Socials:

LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Parkinson's Law: Work Expands to fill the time available for completion.

Taking over a leadership role to fix a failing team.

Tips to prioritize and execute.

Tips for Character Development.

Your circle of friends.

Mistakes with bringing a "military mind set" to civilian teams.

Dealing with a jealous ex.

Home Schooling.

Two things are true of every leader: you want to get better, and you want your organization to get better. So often, we think "better" requires more money, time, or effort. In this episode, we'll learn that isn't always the case when you "bend the curve." 

Watch video and download the leader guide: https://www.life.church/leadershippodcast/do-more-invest-less-learning-to-bend-the-curve/ 

We need to be reminded more than we need to be taught. Today, Alex (@AlexHormozi) talks about the 2 root causes of why there might be some constraints in your business’ growth and how the theory of constraint can play a big role in its improvement.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(1:21) - Enter saturated marketplace with unique product offerings.

(3:20) - Assess business saturation: market reach and growth potential.

(5:10) - Focus on one product solving a major marketplace problem.

(6:41) - Improve business by prioritizing problem-solving strategies.

(8:21) - Reframe problems with "How do I..." mindset for solutions.

Follow Alex Hormozi’s Socials:

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In this episode, Craig sits down with YouVersion Bible App founder Bobby Gruenewald (@bobbygwald) to discuss wins and failures and how they shaped the past and future of one of the most popular mobile apps of all time.

Neil Tyson explores art, science and creativity with the help of musician and Talking Heads frontman David Byrne. Providing backup are cognitive scientist/pianist Dr. Mónica López-González, composer/programmer Prof. David Cope, and co-host Maeve Higgins, with a guest solo by Bill Nye.