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The Game with Alex Hormozi

Not Breaking the Bank & An Individual's Hard Work (w/ Billy Rickman) Pt. 1 - Apr ‘19 | Ep 463

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K 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 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.

Check out the episode on Billy Rickman’s YouTube Channel!

Timestamps:

(0:57)  - How did you grow rapidly without bankrupting the business or going nuts?

(3:55) - how much comes down to the hard work or the strategy or the knowledge, and how much does it come down to the individual?

(5:46) - Alex talks about changing your perspective when it comes to your failures in the industry and what you should do about them

(8:15) - Would you say the skill of being “self-disciplined” is an advantage of the gym industry over other kinds of industries?

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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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