Finding The Constriction In Your Business Will Lead To Growth | Ep 348

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 23 November 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Make most of your time (and your money). Today, Alex (@AlexHormozi) talks about the mistake he’s been doing with his company for two years that made him lose millions of dollars, how he was able to spot the problem, and how taking a step back to find the problem will help you see if your system is maximized to its fullest potential.

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(1:36) - After passing two quarters, the company was still not reaching the goal. No matter how many hires were added, the result remained the same

(3:41) - They realized the problem: the tasks being given to their HR were too time-consuming and because of this they were way behind. The system was flawed, there was a miscommunication in solving the wrong problem

(6:18) - Try using a “Quad Marketing Calendar” in order to set up an acquisition process to get new talents. This will definitely help the business reach its goals more efficiently

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Transcript

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0:00.0	Real quick, you guys already know that I don't run any ads on this and I don't sell anything.
0:04.6	The only ask that I can ever have are you guys that you help me spread the words.
0:07.8	We can not more entrepreneurs, make more money, feed their families,
0:10.9	make better products, and have better experiences for their employees and customers.
0:14.9	The only way we do that is if you can rate and review and share this podcast.
0:19.4	The single thing that I have to do is leave review.
0:21.9	I'll take you 10 seconds or one type of the thumb.
0:23.9	It would mean the absolute world to me.
0:25.2	More importantly, it may change the world of someone else.
0:28.3	And I was listening what they were saying and I wanted to light my head on fire.
0:32.8	Welcome to the game where we talk about how to get more customers,
0:35.1	how to make more customers, how to keep them longer, and the many failures and lessons we
0:38.6	have learned along the way. I hope you enjoy and subscribe.
0:42.0	So I was sitting in my quarterly leadership meeting where everyone had flown into Vegas
0:47.0	for two days to talk about the next quarter in our goals for the company.
0:50.9	And I stood there and I was listening what they were saying and I wanted to light my head on fire.
0:55.8	What transpired next was a problem solving process that I want to share with you because
1:00.6	it unlocked 10 million to 12 million dollars in annual revenue for us that we had not
1:06.5	been able to unlock for two quarters because of one simple misdiagnosed problem.
1:12.3	And so the purpose of this video is to hopefully get you to one avoid making that mistake,
1:16.5	but to be able to use this framework so that you can solve the right problems in your business.
1:21.1	So if you guys are in my name, my name is Oxymozzi, Ionaccuses.com.
	...

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