FAQ pt. 2 | Ep 27
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 20 October 2017
⏱️ 15 minutes
🧾️ Download transcript
Summary
“One of you has to suck it up and become good at the other thing." Today, Alex (@AlexHormozi) shares his experience on scaling a gym business and working together with a partner. He also talks about the importance of having a morning routine, separation of roles, and clear boundaries when working with a significant other.
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:
(2:23) - Trial and error needed for gym scaling
(4:41) - Establish boundaries when working with a partner
(7:05) - Morning routine, workouts, separation of roles important
(9:42) - Clear roles and not controlling everything is key
(11:56) - Marry partner with shared goals and vision
(12:36) - Grow business by focusing on what's necessary
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Transcript
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| 0:00.0 | Real quick, guys, if you can think about how you found this podcast, |
| 0:02.8 | somebody probably tweeted it, told you about it, shared it on Instagram, or something like that. |
| 0:07.4 | The only way this grows is through word of mouth. |
| 0:09.9 | And so I don't run ads, I don't do sponsorships, I don't sell anything. |
| 0:13.2 | My only ask is that you continue to pay it forward, |
| 0:15.6 | do whoever showed you or however you found out about this podcast that you do the exact same thing. |
| 0:19.5 | So if it was a review, if it was a post, if you do that, it would mean the world to me, |
| 0:23.3 | and you'll throw some good comment out there for another entrepreneur. |
| 0:25.7 | What's everyone? This is the Jim Secrets podcast, and my name is Alex. |
| 0:29.6 | I will be your host. And today we are bringing you the show from 35,000 feet in the air, |
| 0:35.2 | going over the Gulf of Mexico. And we are actually not the Gulf. I don't know, I think this is the Atlantic Ocean. |
| 0:41.3 | Anyways, we are the private jet because we're really, really blessed and fortunate to be able to get |
| 0:45.2 | out of this skate. Hurricane Rehab before it literally was heading straight for our house, |
| 0:51.0 | and getting meener and last year, every hour. So I wanted to get back and do some FAQs on a lot |
| 0:57.8 | of the questions that we've gotten about us specifically and how we got to where we're going. |
| 1:04.2 | Question one, I have a small facility. In my first challenge, I signed up 20 people. |
| 1:09.1 | It's already a strain on the Jim's infrastructure. How are people signing up such large volumes of |
| 1:14.5 | people and giving excellent service delivery? Okay, so that's like a |
| 1:20.2 | it depends on the level of service that you're providing. So if you're like a one on one trainer, |
| 1:23.4 | then yeah, 20 would probably max you out, which is why I'm always a big fan of group because |
| 1:27.8 | there's better margins and you can have much higher capacity. So it depends on your square footage. |
| 1:32.9 | It depends on your square footage and like your equipment, but you can usually upgrade to a |
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