Why Incentives Can Get People to Do What You Want | Ep 384

The Game w/ Alex Hormozi

English - April 27, 2022 16:01 - 9 minutes - 17.9 MB - ★★★★★ - 196 ratings
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Being a good entrepreneur and leader ATTRACTS good outcomes. Today, Alex (@AlexHormozi) talks about how you can get people to do what you want them to do through incentives. Learn how to properly decide on what incentives and punishments you can implement to gain success.

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:

(0:45) - Getting people to do things through incentives.

(2:21) - Properly giving incentives: the plus and minus.

(4:54) - Incentives drive behavior, punishment avoids desired actions.

(7:06) - Positive feedback improves performance.

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