Helping A Failing Business Owner Fix His Business | Ep 870

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 14 April 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Wanna scale your business? Click here.

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.

Follow Alex Hormozi’s Socials:

Mentioned in this episode:

Get access to the free $100M Scaling Roadmap at www.acquisition.com/roadmap

Transcript

Click on a timestamp to play from that location

0:00.0	You're about to watch a conversation between me and Alexia Mar, who is a legal attorney for musicians.
0:04.7	The problem is that he's losing money and lots of it.
0:07.7	Anyways, about six months of cash left before his dream is going to go under.
0:11.3	My name's Alex from Ozzie on Acquisition.com.
0:13.1	It's a portfolio of companies that last year did over $250 million in aggregate revenue.
0:16.7	And we're going to take all of those findings and help him save his business.
0:20.3	Enjoy.
0:20.7	Let's do a quick, quick overview. So walk me through the business as it currently stands right now.
0:24.8	What's revenue? Our revenue for the last 12 months has been 300,000.
0:28.9	Profit? Negative. So we're losing money.
0:33.2	Okay. How much? We lost 100,000.
0:36.2	Okay. Minus 100,000. Okay, minus 100,000.
0:38.5	Yes, you're like, I could have done nothing, and I would have just had zero at the end of the year instead of working all year and then being worse off.
0:45.0	All right, what are the business units?
0:47.3	Right now we have services.
0:49.0	Okay.
0:49.8	We have education.
0:51.5	Okay, and who do you sell to?
0:53.1	I sell to artists and entrepreneurs in the Latin
0:56.7	music industry. Musicians who are Latin American who speak Spanish. Yeah. Okay. And you sell service. You
1:03.0	saw education. What was the last one software? What's the revenue breakdown between,
1:06.1	did any of these make money? Yeah, the services this made money was profitable yeah that was
	...

Transcript will be available on the free plan in 10 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Alex Hormozi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Alex Hormozi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.