Cut the Fat | Ep 165

The Game with Alex Hormozi

Alex Hormozi

How To, Business, Entrepreneurship, Education

4.9 • 4.8K Ratings

🗓️ 20 November 2019

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

"I've never fired someone and not found someone." Today, Alex (@AlexHormozi) discusses how to make decisions about employees who are not performing well. He emphasizes the importance of understanding cultural fit and provides tips for re-onboarding employees who lack the necessary skills to perform well.

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:

(1:45) - Replace poor performers; disrespectful or uncommitted employees should leave.

(3:52) - Poor performance is due to communication, skill, or motivation issues

(5:44) - Scaling service requires scaling culture and values

(7:59) - Respect authority to avoid termination. Communication may not be understood.

(12:25) - Clear path to success motivates employees to perform well

(14:58) - Team members must consistently perform to earn game time.

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Transcript

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0:00.0	What's going on everybody?
0:01.0	I'm bringing some more books, but I wanted to say that if you haven't checked out $100
0:03.8	million offers, I would definitely suggest that you start there.
0:06.3	I've gotten some solid feedback and it couldn't be happier with this number one ranking
0:09.9	on Amazon for direct marketing and over 5,000 five star reviews.
0:13.8	So thank you guys so much for that.
0:15.2	It's 164 pages.
0:16.2	I really can help you out.
0:17.8	It takes about four hours to get through.
0:19.6	Check it out on Amazon.
0:20.6	The Kindle book is 99 cents.
0:22.5	The audiobook is as low as they'll let me put it on for it.
0:24.7	So I think it's 12 bucks.
0:26.2	So enjoy that and let's start the podcast.
0:29.0	Good morning everyone.
0:29.9	Happy Thursday.
0:31.1	Hope you guys are starting your days off on the right track and having a great start.
0:35.7	I wanted to continue the most frequently asked questions that we get at round tables
0:40.5	and one people are like, I have this dying question that I need to ask you.
0:44.1	And so this may be you in your business right now and you're trying to make a decision
0:48.0	and you want some insight on that decision.
0:50.2	And so the decision that I'm going to hopefully help you make is about that employee that
	...

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