How to Focus Your Team on What Matters: FOUR Key Metrics to Scale | Ep 133

The Game with Alex Hormozi

Alex Hormozi

Business, Education, How To, Entrepreneurship

4.9 • 4.8K Ratings

🗓️ 26 June 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

"Ask those questions to your team as well so that they feel included; it's not just you always feeling you're driving the boat.” Today, Alex (@AlexHormozi) discusses the importance of focusing on four key metrics to grow a business: increasing opportunities, closing percentages, decreasing churn, and increasing profit. By prioritizing actions that directly impact these metrics, businesses can cut out unnecessary tasks and increase growth.

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:

(3:50) - Increase closing percentage and keep churn low

(6:52) - Increase profit margin by reducing unnecessary costs

(9:44) - Prioritize actions that are directly linked to growth metrics

(12:09) - Those who prioritize growth metrics advance faster.

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Transcript

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0:00.0	Hey guys, love that you're listening to the podcast.
0:02.4	If you ever want to have the video version of this,
0:05.3	which usually has more effects, more visuals, more graphs,
0:07.8	you know, drawing out stuff,
0:09.2	sometimes it can help hit the brain centers in different ways.
0:12.4	You can check out my YouTube channel.
0:13.4	It's absolutely free.
0:14.6	Go check that out if that's what you are into.
0:16.2	And if not, keep enjoying the show.
0:18.3	I'm drawing Happy Tuesday.
0:19.8	Turned down Tuesday, Tag Tuesday.
0:21.6	Whatever your Tuesdays are for you.
0:23.5	That is what they are for us here at gym launch.
0:26.7	I wanted to take today.
0:28.0	It's been a hot seconds.
0:29.3	It's made a podcast.
0:31.0	We've just been busy in Santa's workshop,
0:34.1	putting together hybrid and all the cool stuff
0:35.7	that's coming out soon.
0:37.6	But coming off our quarterly meetup,
0:39.8	which is where we have all of our directors fly out
0:42.9	so that we can meet in person,
	...

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