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The Game with Alex Hormozi

Sometimes you have to go SLOW to go FAST>>>And how great ideas will KILL your business ☠️☠️☠️☠️ | Ep 97

The Game with Alex Hormozi

Alex Hormozi

How To, Business, Entrepreneurship, Education

4.94.8K Ratings

🗓️ 11 January 2019

⏱️ 12 minutes

🧾️ Download transcript

Summary

"Sometimes the problems don't manifest the way that would be obvious." Today, Alex (@AlexHormozi) discusses the importance of focusing on the big domino and prioritizing tasks to grow a business. He also emphasizes managing stress and anxiety, saying no to activities that do not move the business forward, and making the most of time to achieve growth and profitability.

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:

(1:13) - Think strategically for entrepreneurial benefits

(2:27) - Prioritize time and attention for business benefits

(3:54) - Maximize productivity and reduce anxiety as an entrepreneur

(7:11) - Maximize efficiency: get the most out of time

(8:57) - Explore gym growth and retention strategies

(10:23) - Focus on retention to grow your business

Follow Alex Hormozi’s Socials:

LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Transcript

Click on a timestamp to play from that location

0:00.0

Real quick guys, if you can think about how you found this podcast, somebody probably

0:03.8

tweeted it, told you about it, shared it on Instagram, or something like that.

0:07.5

The only way this grows is through word of mouth. And so I don't run ads, I don't do sponsorships,

0:12.2

I don't sell anything. My only ask is that you continue to pay it forward, do whoever showed you,

0:16.4

or however you found out about this podcast that you do the exact same thing. So if it was a review,

0:21.0

if it was a post, if you do that, it would mean the world to me and you'll throw some good comment

0:24.3

out there for another entrepreneur. Sometimes you have to go slow to go fast. One of the real

0:28.4

issues that plays entrepreneurs, especially as you're starting out, and I dealt with this,

0:32.1

and I still continue to deal with this, is that there are so many things that can move your business

0:38.2

forward. It's difficult to pick. And so a lot of times we get lost in the busy work of going

0:47.1

from thing to thing to thing to thing to thing. And so one of the, I think most telling stories

0:53.2

that influence my perspective on this has been, so Tim Ferriss had a, somebody asked him at one

0:59.0

of his bents, you know, what, you know, what is your normal day look like? And he said, you know,

1:03.9

I think he'd be incredibly bored to see what my normal day looks like. Because most of the time,

1:09.0

it's like, I wake up, I meditate, I go for it, you know, I work out, I drink my kombucha,

1:15.1

or whatever. And he's like, I usually spend three to four hours just thinking about my business

1:19.8

and about what I'm going to do. And what I'm trying to find is not all the things that I have to

1:26.0

do, but what's the one thing, the big domino that if I push that one domino down, it makes all

1:32.2

of the other things that I have left to do either, either accomplishes them or makes them irrelevant.

1:38.0

And I think that's incredibly telling because as we, you know, grow as entrepreneurs and as the,

1:42.2

you know, the businesses that we have on anything must grow, I know Sarah Gooseon asked this a while ago,

1:46.1

she's like, you know, my gym is really running on its own for the most part, like I'm trying to

...

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