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The Game with Alex Hormozi

The *Oh Shit* Moment | Ep 199

The Game with Alex Hormozi

Alex Hormozi

How To, Education, Entrepreneurship, Business

4.94.8K Ratings

🗓️ 21 April 2020

⏱️ 17 minutes

🧾️ Download transcript

Summary

"People will always choose their convenience." Today, Alex (@AlexHormozi) discusses how the COVID-19 pandemic has accelerated the adoption of remote fitness services and how gym owners need to adapt to this new reality. He encourages gym owners to learn new skills such as selling over the phone and take advantage of the opportunity to build a successful online fitness business. 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: (1:31) - "Oh sh*t moment" - fewer people will come back (2:46) - People choose convenience, slow recovery (5:08) - ROI on remote vs in-person, operators can build million-dollar businesses (9:30) - Online business opportunity, guaranteed outcome with math (11:10) - Opportunity is there, build six-figure online income now (12:15) - Don't let emotions/fear stop you from learning new skill Follow Alex Hormozi’s Socials: LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Transcript

Click on a timestamp to play from that location

0:00.0

Mozination real quick, if you are a business owner that has a big old business and wants to get to a much bigger business,

0:06.1

going to $50, $100,000 plus we would love to talk to you.

0:09.5

And if you like that, or would like to hear more about it, go to acquisition.com and you can plan anywhere on the page

0:14.3

and talk to one of our team and see if we can help you get there.

0:17.8

When they let us go back to business and open our doors, you're going to open your doors.

0:22.9

And I think a lot fewer people are going to come back than you think.

0:27.1

Welcome to the Jim Secrets Podcast where you talk about how to get more customers,

0:30.1

how to make more per customer and how to keep them longer.

0:32.3

And the many failures and lessons that we have learned along the way, I hope you enjoy and subscribe.

0:37.7

Good morning everyone.

0:38.5

Have a Monday.

0:39.2

Hope you guys are at a good, restful weekend or maybe not.

0:42.0

Hope you were not resting at all and just selling tons of people on a remote fitness over the weekend.

0:46.1

And hopefully you were.

0:47.7

But if you were not, then this message is for you.

0:50.8

So I'm calling this DO ship moment.

0:52.5

I was having a conversation with a friend of mine who's in the same space as us.

0:57.3

And he was talking to me about some of the beliefs that he's getting over the phone,

1:02.2

some of the gym owners that he's talking to, et cetera.

1:04.3

And it was kind of interesting because he was saying that, you know, these things change week to week.

1:10.7

But he said, right now everyone's in denial phase.

1:12.9

He said, right now they're in the phase of, I'm going to hold out.

...

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