Why you shouldnt' believe the revshare or agency lie... 😡❌ | Ep 59
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 31 May 2018
⏱️ 12 minutes
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Summary
"If you don't know how to do those things, it's not a business." Today, Alex (@AlexHormozi) discusses the issues with gym marketing agencies and revenue share companies, highlighting the importance of gym owners taking ownership of their business and learning all core competencies. He emphasizes that outsourcing these competencies leads to a lack of personal growth and business success.
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:
(1:05) - Gurus made money but didn't know business.
(3:08) - Learn competencies of running a business.
(5:43) - Learn skills to take control of business.
(9:11) - Own every aspect of your business.
(9:54) - Outsourcing without learning leads to unsuccessful business.
(10:44) - Consider owning all revenue for more profit.
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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 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. |
| 0:17.6 | Hey, what's going on everyone? Happy Tuesday. Hope you guys are having an awesome, awesome day. |
| 0:22.2 | So far, I hope you guys had a good one more weekend. |
| 0:26.3 | The thing that was on my mind today that I figured out in the video for you about is, you know, revshare builder 5,000. |
| 0:33.0 | And there's the awful agencies that exist out there and the lie that most of the time they pedal to gym owners. |
| 0:39.7 | And we just wanted to make a video about it or if this is being used as audio, not audio about it, |
| 0:46.7 | is because it's probably the thing that bugs me the most in the entire industry. |
| 0:50.8 | And there's two aspects to it. |
| 0:53.0 | The first aspect is where we have ATC owners and revshare dudes, guys who basically bought click funnels and a Facebook marketing course |
| 1:04.8 | and then consider themselves experts on the gym business, right? |
| 1:08.2 | Because they're like, you're supposed to niche down so they can niche and they pick gyms, right? |
| 1:12.0 | And so the reason that it bugs the crap out of me is that they feed this one lie and they ride this lie into the sunset |
| 1:19.5 | and they ride it so hard and they jam it down our first as gym owners is two things. |
| 1:22.8 | One is that they preach to you how you're supposed to run your business, having never actually run the business, right? |
| 1:28.3 | Having never actually owned a gym or multiple gyms, right? |
| 1:31.2 | Or if they did, ask them how successful it was, right? |
| 1:33.9 | Do they act like they have an exit? |
| 1:35.4 | You don't even mean like, just like things don't add up from a success standpoint. |
| 1:38.5 | The reason that there's so many gurus that are out there is that they didn't make money with their gyms |
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