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The Game with Alex Hormozi

The Sweet Spot | Ep 217

The Game with Alex Hormozi

Alex Hormozi

How To, Business, Entrepreneurship, Education

4.94.8K Ratings

🗓️ 30 June 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

Balance is not found, it’s created. Today, Alex (@AlexHormozi) talks about finding the right balance between the performance and role when it comes to managing your employee’s workflow. He also shares the metrics that are needed to find the balance.

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:

(0:45) - Manage roles through balanced metrics, balancing performance and role.

(2:17) - Define metrics to push individuals for better performance.

(4:06) - Find the sweet spot between positive and negative aspects.

(5:53) - Train employees with two metrics to maintain high-level performance.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, real quick.

0:01.0

So Laylandire definitely working on our social media presence if you guys haven't noticed.

0:04.4

And we're just breaking now into linked in.

0:06.2

Alright, it's not as bad as I thought.

0:08.0

It's actually been pretty awesome so far.

0:09.6

And you guys have been really cool in there and people are sharing our stuff a lot.

0:12.4

So if we aren't connected, on LinkedIn, go ahead and let's connect and let's rock and roll.

0:17.6

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

0:20.4

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

0:22.9

And the many failures and lessons that we have learned along the way.

0:26.1

I hope you enjoy and subscribe.

0:30.1

What's going on everybody?

0:31.9

Have you Wednesday?

0:32.9

I'll make this a short one for you.

0:34.9

I just got off a ball with a convey that I had the best interest in.

0:40.4

And so we were talking about how to set up the management metrics in place for the business as we're trying to scale it.

0:47.2

And so one of one of the things that picked up from Andy Grove in what is called high output management, I think, is paired metrics.

0:57.2

And it was just a great epiphany for me and so I'm going to share it with you.

1:02.0

So the way that Andy Grove, who's the founder of Intel, very smart dude, manages each of the roles within the company is that he tries to put paired metrics in place.

1:10.0

So it's not just number of sales or just closing percentage or just insert one thing here, right?

1:17.8

Most times, and this is just myself included, I would usually should be like, this is the one key metric that I want to look at.

1:23.2

This is the one thing that matters for this position.

...

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