Game Theory - Infinite vs Finite Games and how it can massively TRANSFORM your business... 🔥👨🏻 THIS IS REALLY COOL! | Ep 60

“The game is to outlast. The game is to keep playing the game."Today, Alex (@AlexHormozi) discusses how game theory can fundamentally change how we see and approach business, shifting from a finite game mentality to an infinite game mentality, with the objective being to keep playing. He provides examples of finite and infinite games and how understanding the difference can affect decision-making and long-term success in business.

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:

(1:09) - Finite games: known players, fixed rules, winning objective.

(2:36) - Infinite games: known/unknown players, changeable rules, continuous play.

(5:00) - Business: infinite game, goal is to keep playing.

(6:08) - Winning in business: stay in the game, not arbitrary achievements.

(6:59) - Building lasting business: strategic, long-term decisions.

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Release date

Lydbog: 13. juni 2018