Not Breaking the Bank & An Individual's Hard Work (w/ Billy Rickman) Pt. 1 - Apr ‘19 | Ep 462
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 19 November 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
(Disclaimer: This interview was recorded over Zoom. We apologize in advance for the quality of the audio.)
You have to be self-disciplined and self-motivated to stay in the game. Today, join Alex (@AlexHormozi) as he guests on Billy Rickman’s YouTube to talk about how to do business without breaking the bank and how to leverage hard work within the context of a small business (during the time he was doing Gym Launch). This is part 1 of the interview.
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.
Check out the episode on Billy Rickman’s YouTube Channel!
Timestamps:
(0:57) - Rapid growth: How without bankruptcy or losing sanity?
(3:55) - Success factors: Hard work, strategy, knowledge, individual contributions.
(5:46) - Embrace failure; change perspective for industry resilience.
(8:15) - Is "self-discipline" a unique advantage in the gym industry?
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Mosination, what's going on? |
| 0:01.2 | This is a podcast that I did three years ago. |
| 0:04.3 | So this is Young Mosie. |
| 0:05.2 | This is preacquisition.com. |
| 0:06.8 | This is in the middle of Jim Launch. |
| 0:08.8 | I went on a show with Billy Rickman |
| 0:10.6 | and we talked about how to do business |
| 0:12.8 | without breaking the bank and how to leverage hard work |
| 0:15.6 | within the context of a small business. |
| 0:17.1 | I think you guys will dig it and enjoy. |
| 0:20.5 | It's like restaurants is number one |
| 0:21.9 | and then gyms are number two for the highest failure of businesses. |
| 0:24.4 | And I think typically it's just for the same reasons. |
| 0:26.2 | People are like, I like cooking. |
| 0:27.2 | I'll make a restaurant. |
| 0:27.9 | And people are like, I really like business and health. |
| 0:29.7 | I love to open a gym and the skill set |
| 0:31.4 | that it takes to like fitness and health |
| 0:33.0 | couldn't be further apart |
| 0:34.0 | from actually running a profitable gym. |
| 0:36.8 | Welcome to the game where we talk about |
| 0:38.1 | how to get more customers, how to make more customers, |
... |
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