THE SECRET TO STACKING CASH MONTH IN/MONTH OUT & HOW LIFTING AND BUSINESS ARE THE SAME | Ep 38

The Game with Alex Hormozi

Alex Hormozi

How To, Business, Entrepreneurship, Education

4.9 • 4.8K Ratings

🗓️ 9 March 2018

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

“Most people think they need to have a different promise when really they just need to have better delivery." Today, Alex (@AlexHormozi) talks about the importance of consistency in business and how doing the boring stuff, such as providing exceptional customer service and consistency, makes you money. He emphasizes that successful businesses are not necessarily new businesses but those that do what old businesses are supposed to do.

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:

(1:06) - Equation fun, consistency makes money.

(2:57) - Business simple, hard to execute consistently.

(4:31) - Most businesses fail due to inconsistency and effort.

(6:20) - Consistency challenging, vital for business growth.

(7:43) - Stick to what works; resist constant change.

(9:07) - Successful businesses provide good service, fulfill promises consistently.

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Transcript

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0:00.0	Moisturization real quick, if you are a business owner that has a big old business and wants to get to a much bigger business
0:05.9	Going to $50 million plus we would love to talk to you
0:09.2	And if you like that or would like to hear more about it go to acquisition.com and you can play anywhere on the page and
0:14.6	Talk to one of our team and see if we can help you get there. Hey, what's going on guys? Happy happy hum day
0:20.3	Hope you guys have an amazing morning so far. It's beautiful here in Austin look at this
0:25.2	It's like beautiful outside. I guess it only just looks like white light right now
0:29.2	But it's it's really nice out
0:31.7	Maybe we'll go for a little walk
0:33.7	so
0:35.0	Anyways, we want to make a little video here because it's something that was on my mind this morning when I woke up and I was like, huh, I will share it
0:42.4	When we were at the when we had our gym Lord summit at the end of January
0:47.9	One of the gym owners names was Jason ski sick and he asked a question to kind of stuck with me because it was just so
0:54.8	It was so relevant in order to mean it was something that a lot of people I knew were suffering from and so I want to tie tie it
1:02.3	Tie together a little bow here that I think you'll be able to take home a little nugget
1:06.1	from this so
1:07.6	when we're at the event he asked he's like, hey, you know, I'm making all this money and
1:14.0	Jason's probably made about a hundred and fifty thousand
1:17.4	Using just like an additional revenue using our system probably the last like
1:21.4	Four or five months somewhere in there and so he was like hey like this, you know, we've tripped our EFT and
1:29.4	We're you know, I'm making money every month. So like what should I do right?
1:34.1	Which like maybe like crack up because it was just like so
1:37.5	So it's like such an entrepreneur question, right is that like all we want to do is just figure out the equation and then we're like
	...

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