There's Always A Way & Tactics for Recession | Ep 191
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 24 March 2020
⏱️ 13 minutes
🧾️ Download transcript
Summary
"There's always a way if there's will." Today, Alex (@AlexHormozi) discusses various obstacles that entrepreneurs may face during uncertain times and provides tips on how to overcome them. He emphasizes the importance of adapting to changes, developing a thick skin, and finding new ways to provide value to customers.
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:
(0:27) - Control what we can, like our health, amidst uncertainty
(1:18) - Develop thick skin, as high volume game
(2:31) - Some industries had supply and demand disappear overnight
(3:35) - Flip thinking, take advantage of remote fulfillment for higher margins
(6:11) - Best opportunity to quit, adopt "there's always a way" mindset
(9:30) - Lowering prices is an excuse, find a new problem to solve
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Transcript
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| 0:00.0 | Real quick, you guys already know that I don't run any ads on this and I don't sell anything. |
| 0:04.6 | The only ask that I can ever have are you guys that you help me spread the words. |
| 0:07.8 | We can not more entrepreneurs, make more money, feed their families, |
| 0:10.9 | make better products, and have better experiences for their employees and customers. |
| 0:14.9 | The only way we do that is if you can rate and review and share this podcast. |
| 0:19.4 | The single thing that I have to do is leave review. |
| 0:21.9 | I'll take you 10 seconds or one type of the thumb. |
| 0:23.9 | It would mean the absolute world to me. |
| 0:25.2 | More importantly, it may change the world of someone else. |
| 0:28.4 | This is an opportunity where you actually get to have your customers |
| 0:31.3 | encourage you to go to remote training where you have lower overhead and higher margin. |
| 0:36.3 | Welcome to the Jim Secrets podcast where you talk about how to get more customers, |
| 0:39.3 | how to make more per customer and how to keep them longer. |
| 0:41.7 | And the many failures and lessons that we have learned along the way. |
| 0:45.1 | I hope you enjoy and subscribe. |
| 0:48.9 | What's going on everyone? |
| 0:49.8 | I wanted to give you all an update slash. |
| 0:52.8 | I just did a one hour call with our gym worship community and there was a bunch of good |
| 0:56.7 | questions that came up. |
| 0:57.5 | I wanted to give a consolidated version of my answers so that I could hopefully help some of you guys out. |
| 1:03.5 | One of the questions that came on is what do you say when someone says on the phone, |
| 1:10.8 | I can't spend money right now because things are unclear or I'm not sure because I'm unemployed, |
... |
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