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The Game with Alex Hormozi

10x Growth In Your Business Is Closer Than You Think | Ep 748

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 12 August 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

"Why can't we 10x what we're currently doing?" In this episode, Alex (@AlexHormozi) simplifies the path to growth; doing more of what works rather than getting distracted chasing shiny objects. He also shares a brutally honest truth about all seasons of business (growth, stagnation, decline) - they're all stressful, and that's ok.

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 and will learn on his path from $100M to $1B in net worth.

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Transcript

Click on a timestamp to play from that location

0:00.0

In this is the podcast I want to talk about the difficulty of growth, the difficulty of stagnation,

0:05.1

and the difficulty of decline, and what you can do to avoid all of them by doing more of what's already working.

0:11.7

And this is what most people don't.

0:13.7

Before you even think about doing something new,

0:17.1

do ten times more of what's already working.

0:19.5

And so this is like one of the things as soon as I buy a portfolio

0:22.0

company, what I'll do is I go to the

0:25.0

go to the head of marketing, I go to the founder and I say,

0:27.0

hey, why can't we 10X what we're currently doing?

0:29.0

Tell me why we can't.

0:31.0

Honestly, two times out of three, they're like, I mean, we could.

0:33.8

And I'm like, then why aren't we doing that?

0:35.6

And what happens is they have all these other priorities that are not going to

0:39.2

10X the business.

0:40.4

And they have this one thing that we already know works, that we have nothing that's stopping us from 10x in the business.

0:46.0

And I say, great, let's do that, call me in six months.

0:49.0

Now, the thing is, is, in the one out of three times where they say, well we can't 10x this because of this thing.

0:55.0

Then I say guess what the constraint of this business is?

0:57.3

Solving that.

0:58.6

And if you're doing anything but solving that,

1:02.2

then you're not growing the business right as a founder.

1:04.8

Rather, you're not growing it as fast as you could be growing it.

...

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