❌Why "SHOULD DO" is Dangerous ❌and How To Make Unhealthy Amounts of Money Doing Very Few Things... | Ep 108
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 26 February 2019
⏱️ 14 minutes
🧾️ Download transcript
Summary
It’s not about doing more, but rather about examining all of the decisions and tasks that will make the most money. Today, Alex (@AlexHormozi) discusses the challenges entrepreneurs face when deciding which tasks to prioritize to grow the business. He suggests that entrepreneurs identify and focus on weak links in their business and allocate resources to tasks that will make the most money.
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:
(0:53) - Exploring the challenges of innumerable and impossible to-dos
(2:22) - Differentiating between should dos and contributed value
(5:38) - Identifying business bottlenecks and strengths
(10:14) - Doubling down on strengths for business growth
(11:47) - Investing human capital for business growth
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Transcript
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| 0:00.0 | Most of the nation real quick, if you are a business owner that has a big, old business |
| 0:04.0 | and wants to get to a much bigger business, going to $50, $100,000 plus we would love to |
| 0:08.7 | talk to you. |
| 0:09.7 | And if you like that, or would like to hear more about it, go to acquisition.com and you |
| 0:13.2 | can plan anywhere on the page and talk to one of our team and see if we can help you get |
| 0:17.2 | there. |
| 0:18.2 | You guys are having an amazing week so far. |
| 0:20.5 | This is something that this concept, why should do is dangerous and how to make unhealthy |
| 0:27.5 | amounts of money doing very few things. |
| 0:31.8 | I wanted to take a quick moment to talk about this concept. |
| 0:38.2 | Okay, so here's, let's dig in. |
| 0:41.3 | So one of the number one things that happens with entrepreneurs is that you have so many |
| 0:46.0 | should do. |
| 0:47.0 | You have so many things that you have to do or that you should do that it gets suffocating. |
| 0:51.6 | It gets overwhelming because you're like, oh my god, there's so many holes in my business. |
| 0:54.2 | There's so many things that I need to do that I should do that I'm not doing. |
| 0:58.7 | Good morning, Craig. |
| 0:59.7 | Good morning, Jordan. |
| 1:01.0 | And so how do you tackle that, right? |
| 1:03.2 | And what's interesting is that the bigger you get, the more horsepower you have on your |
| 1:06.7 | team and the more you feel like you can take on these should do. |
| 1:10.6 | And so let me give you an example of how should do is become innumerable and impossible. |
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