What to Do When People Shamelessly Steal Your Stuff [Hint: Get Over It] | Ep 720

Primary Topic

This episode explores the reality of idea theft in business and how to handle competitors who copy your work.

Episode Summary

In this invigorating episode of "The Game w/ Alex Hormozi", Alex dives into the often frustrating experience of having your ideas copied by competitors. Drawing from personal anecdotes and broader business principles, he challenges the notion of owning ideas, emphasizing the inevitable and competitive nature of business. Alex argues that rather than seeking legal recourse or stewing in frustration, successful entrepreneurs should embrace competition and focus on outperforming copycats through innovation and scale. He uses vivid examples from his own career, particularly in the gym industry, to illustrate how he shifted his mindset from protectionism to aggressive growth and market dominance.

Main Takeaways

  1. Ideas are not owned; innovation is about remixing existing concepts.
  2. Legal battles over intellectual property in business are often futile.
  3. Competition drives improvement and market evolution.
  4. Focusing on competitors detracts from customer and business development.
  5. Embracing competition and scaling up is the effective response to being copied.

Episode Chapters

1: The Reality of Business Competition

Alex Hormozi discusses the inevitability of having ideas copied in business and why it's a sign of success. He emphasizes the need to focus on scaling and innovation instead of ownership. Alex Hormozi: "If you're the winner, people are going to copy your stuff. Get used to it and win."

2: Personal Experiences with Copycats

Alex shares personal stories from his gym business to highlight how competitors copied his marketing strategies, and his realization that legal protection was impractical. Alex Hormozi: "Laughed me out of the room."

3: Shifting Focus from Protection to Growth

Illustrates the shift in focus from protecting ideas to expanding business reach and impact, suggesting this as a strategy for dealing with competition. Alex Hormozi: "I'm going to open 20 more locations than you fight me."

Actionable Advice

  1. Expect Imitation: Prepare for competitors to mimic your successes.
  2. Focus on Innovation: Continually improve your offerings.
  3. Scale Aggressively: Outgrow competitors rather than trying to block them.
  4. Ignore Legal Fights: They often don't solve the underlying competitive challenge.
  5. Stay Customer-Centric: Dedicate energy to understanding and serving your customers better than anyone else.

About This Episode

“You should want to have as many people as possible copying you because it means you're leading the way.” Today, Alex (@AlexHormozi) challenges the concept of thought ownership and highlights the importance of viewing competition as an opportunity for growth. He emphasizes serving customers, improving your product, and achieving success through innovation, rather than obsessing over intellectual property theft.

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.

People

Alex Hormozi

Books

"$100 Million Leads" by Alex Hormozi

Content Warnings:

None

Transcript

Alex Hormozi
If you're the winner, people are going to copy your stuff rather than. And moaning about it, get used to it, and win. I talk to business owners, obviously, a lot now, and I see this recurring theme among losers. And the thing is, is that I used to think this way, and so I want to half talk to my older self. I'm half making this for our portfolio founder, you know, who you are, and I think I might get a little spirited today.

And so the idea is around thought ownership. And so it's this idea that you have when you're a kid that if you have an idea or you have a joke that it somehow belongs to you. It's like when you figure out that one plus one equals two and you tell somebody else, you believe that for the rest of their lives, that one plus one equals two belongs to you. But the thing is, is that no one owns truth. Number one, period.

No one owns truth. And the fundamental idea of how human beings learn in general is through replication and remixing. Right. Everything that you have ever done has come from someone else that you have remixed in some way. And the degree to which it was remixed is the degree to which it was original.

Now, the reason that I think this is important to delineate is that this is how kids in kindergarten get into fights. This is how siblings in the backseat of the van get into fights. That's mine. That was my idea. But in the world of business, basically nothing is yours.

And so I want to really, really drive my thumb into this wound, because there was a portfolio company who was like, hey, I was making content about this stuff, and one of my competitors started making content about that stuff, and they're stealing my ideas. They're stealing my ideas. First off, no one's. First off, they weren't your ideas to begin with, number one. Number two, stealing implies that some damages have been caused as a result of the other person making content.

And if you're ever going to somehow be made whole in the legal system that exists in the United States, you would have to sue them and show damages and somehow prove ownership over the idea, all of which would basically never happen. And so what you really need to do is put your big boy pants on and realize that this is fucking competition. This is fucking America. This is how capitalism works. And when I was a young lady, I remember I had.

Obviously, we had the gyms, and so I wrote ad copy, so I would write copy for my gym. And lo and behold, I was a pretty good marketer back then, too. And some of the other gyms in my area started saying, hey, you know what even works better than our ads? Alex's ads. And we just get to steal his ads and just run them as our own.

So they. I mean, some people literally just took my videos of me and ran them for their gym in addition to my words. But some of the slightly more tasteful ones didn't. They just put their own video, but then use word for word my copy, right? And so I used to get so upset about this, and I went to an IP lawyer, so an intellectual property attorney, and I said, hey, how do I, you know, can I, can I.

Can I. Can I copyright this stuff? And he just looked at me. He's like, it's an advertisement. No.

He said, this is America. He said, it's based on competition. I was like, what about my offer? I was like, can I say that no one else can use? He's like, you want to say that no other gym is allowed to give away six weeks for free because you do?

And he just looked at me and I was like, well, well, I mean, kinda. And he just was like. He laughed me out of the room. Laughed me out of the room. I was 26 years old, and I just like.

Was like, shit. I was like, so that means that anyone can copy anything that you do. And unless it's a recipe, you know what I mean? Or you have a chemical formula that you have made uniquely yours. Like, if someone tried to copy Coke's formula.

And the thing is, is that even so, they still try to keep it secret, right? Like, they both patent it and try to keep it a secret. It's both elements, right, for those types of businesses. But anything that is public, if you advertise, if you make content, if you make free giveaways, PDF's, whatever the hell you want, that stuff is public. And so the thing is, is that it's the losers who are like, that's mine.

I'm a special snowflake. When, bro, it's America. Competition exists to make everybody better. That's how the marketplace works. Like, if you figure out how to do dry cleaning in 24 hours, your competitor across the street can come up with dry cleaning in 23 hours.

That's how competition works. And so can you imagine if Snapchat had been like, aw, Instagram stole stories from us. That was our idea. We said Snapchat stories. That was our thing.

And then Instagram just took it. That's not fair. Well, guess fucking what. That's how competition works. And that's at the highest levels.

And so you think your dry cleaning store has an ad that somehow belongs to you, or that you made content about whatever the hell, and that you think you own that idea forever. Grow up. And if you want to beat the competition by shrinking them into irrelevance, it means that you need to ten x the size of who you are and what you represent. And if you need some help with that, I wrote a book called $100 million leads. I have the free audiobook on this podcast, which you can start listening to at 579.

I think that's the offers one, but if you like hard copies, you can grab it on Amazon. Or if you like watching stuff, you can go on acquisition.com training and watch all the videos fo free. Enjoy. So I remember when I was so butthurt about this whole ad stealing thing that I was like, how do I keep my ads a secret but still advertise them? And that ended up becoming this really big lesson in futility.

And when I had gym launch, I obviously was writing a lot of ads for thousands of gyms at this point. And I remember I got a lawyer letter. So this is hilarious. I got a lawyer letter from a gym owner trying to sue me for using his copy. But here's the funny thing.

The copy that he said that I was using, he had stolen from me. So many people had used my ad copy that he didn't even know that he was stealing my copy. And so when we had a gym in his market that was running my copy, he sent his lawyer over to say, cease and desist. And I said, hey, bro, why don't I just show you the first screenshot of the time that I used this ad to show you? I was like, cause I know I wrote it.

And I said, if you can show me that you used this thing before me, I was like, I'll happily. And his own lawyer was like, I'm deeply apologize for how stupid my client was. The thing is, is, though, even if he had, even if he had written the copy, I just find this hilarious. But even if he had written the copy, there's not shit he could do. He can't stop me from running an advertisement.

It's not. It's not. It's not owned, right? That's how ads work. Now, the marketplace might be like, oh, that's weird.

They kind of. They copy it. You know, they copy and paste or whatever it is. But the thing is, is that especially when it comes to content or things like that, like most people, like, my number one way of getting inspired to make content is, is I'll look at what people are saying online and then be like, oh, let me say something that I disagree. Like, basically, I wait until I see something that's stupid that I hate, and then I say, okay, I'm gonna make a rant piece on this, right?

And so most of the time it comes from my life. Like, I'm hot and loaded like I am this morning. But if I don't have something that I'm pissed off about or I think that is absolutely ridiculous or stupid, then I will just look. I'll just look for something. And believe me, it doesn't take long to find something stupid that someone else is gonna say where they preach something that they've never done or give advice about a context that they've never walked through.

Only small business owners complain about small business owner shit. So I was talking to a billionaire buddy of mine who's, he's probably worth two or 3 billion at this point, but he was like, dude, it's so ridiculous that these guys obsess about things like content being owned by someone. He's like, dude, I'm in the SEO game when literally people try and win on keywords with the same title for the same article. And, like, you just have to make your article better so that yours ranks higher and, like, people look okay, he has eleven in his listicle. I'm gonna have 13 in my listicle, and I'm gonna use his eleven and add two more.

And like, this game is competitive. And so it's, the funny thing is it's like, I only see and I see business owners getting bent out of shape. Like they're wasting their weekends spending all their time scrolling, watching their competitors content, trying to find the one nugget or kernel or saying or ism that they said. And the thing is, is one, they might not have copied it from you. It just might be something that somebody in your industry says in general.

And secondly, even if they did copy it, so what? Who cares? Just take all the time you are obsessing about them and obsess about your customer and obsess about your content so you can stay a step ahead. So I had this dude dm me and say, hey, man, I just really would appreciate if you gave me credit for the closure framework. And I was like, what the hell are you talking about?

And he was like, well, I mean, like, the collision framework's mine. And I was like, what? And this is like, I'm be real with you. This is a guy who has like, 2000 followers on Instagram and says he does sales training or something. And he was like, I just.

He's like, hey, you know, I appreciate it. He's like, but, you know, it's just. It's mine and you stole it and you're bigger, so everyone thinks it's yours now. And because I came up with it. Now, here's the thing.

Is that an acronym for sales about closing? Not that crazy original of an idea. Like, just to be, you know, just calling this out there. It'd be like having an advertising framework called market. Right, with six letters in it.

Anyways. And so I go. And I. And he said. And I was like, nah, man, I'm pretty sure.

I was like, pretty sure? You just probably, uniquely on your own, came up with the same acronym for sales, which is fine, dude. And he said, no. Well, anyways, he's like, I've been teaching it since this date. And so me being the asshole that I am, I went and found the first video that I had in the closure framework, which, guess what?

I'm older than he is. And I had been teaching it to my sales guys three years prior to that. And I was like, huh. So I guess I didn't take it from you, number one. Actually, I guess you took it from me, didn't you?

But the thing is, is that it doesn't matter. Cause I don't care if he teaches it. And he probably didn't take it from me. I don't think he'd be that butt hurt if he had taken it from me. I think on some level he would have been like, oh, well, I took it from Alex.

Right? He probably just independently came up with an idea. Cause guess what? Different people, like the Wright brothers, figured out how to fly here. And then, like, around the same time, there was some other dude in Germany who figured out how to do it, too.

It's just like humans. Like, there was Newton who came up with calculus. And there was another guy across the world, like Russia, who came up with calculus, too. It's just like, people innovate and we're not that original. And so that's the thing, is that, like, this whole idea of thought ownership and concept ownership, no one owns truth, period.

Truth is, you can talk about truth, you can describe truth, you can apply truth to different scenarios, but you don't own it, so get over yourself. Anywho, all this to say. One, expect that everyone is going to copy you. Two, if someone copies you, it means that you're ahead, which is great. That's a w.

That's an indication that you're succeeding. Number three, you will never. I'm just saying, like, you can waste the time if you want, but, like, the amount of time it takes away from you to get upset about stuff like this is taking away from your customers and from the amount of time you should be dedicating to making your product better, advertising harder, et cetera. And so if you want to, quote, beat the copycat market ten times harder, that's it. Just advertise like you want.

You, like, you're not going to beat them by getting them to stop. You beat them by shrinking them into irrelevance. And I'm going to keep saying this until people fucking get it. Like, you don't beat people in business. Like, it's very rare that you actually put someone out of business.

What you do is you go, scoreboard.

Scoreboard. Cool dry cleaner across the street that went from 24 to 23 hours. Great. I'm going to open 20 more locations than you fight me. Because that's how you do it in capitalism.

You win by just growing and being bigger and beating them into submission. Right? Beating them into irrelevance by looking so big that they can't even be seen in your shadow. Like, where do you think that gym owner is who tried to sue me for using my own copy that he didn't even know he was stealing from me? By the way, did I counter?

Did I counter c synthesis? I was like, good luck, kid. He was like a 48 year old man. But, like, good luck, bro. I was like.

Cause I'm gonna just keep going. I was like, so the only way that you can win is that you gotta match me. And I remember when I was young like that, I was like, every day that I see you on Instagram with your wife, with your kids, going out and enjoying life, I was like, I'm going to eat your lunch every day that you do that. You're not working. I will.

And for some people, that's very dark. And guess what? Okay, fine. That's dark. Live your life the way you want to live your life.

But I just get so sick of this. And I think now that I'm saying it, what it roots down to is this victim mentality. It's this, like, aw. Like, woe is me. That was my.

It's like, bro, welcome to fucking, like, think about warfare. You know what I mean? Like, they copied our. Well, that's literally what they try and do. They try and figure out what you're doing.

And so, in the context of business, unless you have a patent on some mechanism in a machine, right? Or you have a recipe for a formula. Basically, nothing is IP now. Brand name, image, likeness, different, but, like, actual concepts. Like, I started talking about LTV to CAC ratio, and then Alex started talking about LTV to CAC ratio.

Oh, somebody talked about acquisition. Like, could you imagine if I was like, no one else is allowed to talk about acquisition. How stupid would that be? They're concepts. No one owns them.

And so every second that you spend thinking about your competitor is another second, and this is where they really beat you. Is that another second that you're not thinking about your customer, you're not thinking about your business, you're not thinking about advertising more. And so I can truly tell you that, like, it's been years since I've been like, you think I get concerned when people steal my content ideas?

Like, you guys see it all over the place. Like, this is a leading indicator that you're doing a good job. You should only fear when they stop copying you. Like, really let that sink in. Like, if no one's copying you, you suck.

Like, really think about it. If no one copies you, you suck. And so you should want to have as many people as possible copying you because it means you're leading the way and they're trying to be like you, and they're never going to beat you at being you. All right? So hopefully I convinced you to focus all of your time on your customers and not your competition and realize that that lawsuit and the cease and desist thing that you're going to send is not going to amount to anything.

Because if Instagram can do it to Snapchat on a clear feature, the guy down the street can copy your ad or copy the hook or copy the topic of the content that you're choosing to make. And the real, real is he probably isn't copying, he's just doing his job.