#155: Alex Hormozi—Facing Economic Uncertainty Head-On (REPLAY)

Business Made Simple Podcast

StoryBrand.ai

Marketing, Story, Bmsu, Businessmadesimple, Brand, Business, Bms, Storybrand, Entrepreneurship, 474622, Storytelling

4.8 • 2K Ratings

🗓️ 1 January 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join us on February 1 & 2, 2024 at Coach Builder Summit, the ultimate free livestream event all about helping coaches and consultants build and grow their businesses. Lock in your spot at CoachBuilder.com/CoachSummit.

With inflation and interest rates hitting recent highs, fears of a recession have been mounting around the U.S. For small business owners, the threat of an economic downturn can be terrifying. But it’s important to recognize that recessions aren’t rare events—they happen roughly every 5 to 10 years. That's why it’s crucial for businesses to be equipped with strategies for these tough times. So how can you make sure your business can be resilient during extreme economic fluctuations?

In this episode, we're revisiting Donald Miller's conversation with Alex Hormozi, founder of Acquisition.com and author of $100M Offers: How To Make Offers So Good People Feel Stupid Saying No and $100M Leads: How to Get Strangers to Want to Buy Your Stuff. Alex shares 4 key steps to fortifying your business against an economic downturn so you can thrive during uncertain times. Tune in and learn how to adjust your finances and output to ensure that you make money (and don’t lose it) during a recession.

Follow Alex on Instagram at Instagram.com/Hormozi.

STUCK TRYING TO GROW YOUR BUSINESS? SUBMIT YOUR QUESTION FOR A CHANCE TO HAVE DON COACH THROUGH IT ON THE SHOW: BusinessMadeSimple.com/Podcast

PRE-ORDER COACH BUILDER THE BOOK AND TRANSFORM YOUR EXPERTISE INTO A LUCRATIVE CONSULTING CAREER: CoachBuilderBook.com/Podcast

IF YOU'RE SERIOUS ABOUT IMPLEMENTING A PLAN TO GROW YOUR BUSINESS AND REVENUE, FLIGHT SCHOOL IS FOR YOU! JOIN NOW: SmallBusinessFlightSchool.com.

FIND AND FOLLOW US ON INSTAGRAM: Instagram.com/BusinessMadeSimple

Transcript

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0:00.0	Hey, it's podcast producer Bobby Richards, and before we jump into today's episode,
0:08.0	here is Donald Miller with some exciting news around our upcoming Coach Builder Summit that's happening February 1st and second.
0:15.2	It's the ultimate live stream for coaches, consultants, financial advisors, physical trainers,
0:21.6	therapist, counselors. I would consider a coach anybody who sells
0:25.9	their wisdom, anybody who sells their knowledge and their, you know, their coaching, their
0:31.2	ability to help you transform into somebody else based on the
0:34.3	knowledge that they have, to me that's a coach. At the summit, Amy Porterfield is going to be with us.
0:39.7	Will Gdera, who wrote the book Unreasonable Hospitality, you know, Will started 11 Madison Park, became
0:45.0	the number one restaurant in the world.
0:46.7	He is going to be with us for Coach Boulder Summit and a ton of other celebrities that you're
0:50.2	going to love hearing from.
0:52.1	If any part of you thinks that you could pivot your career
0:54.6	into a coaching career, you've got to attend the summit.
0:57.1	That's all we're going to talk about all day long.
0:59.9	Go to coach Builder.com.
1:02.8	Coach Builder. com slash Coach Summit.
1:04.9	Again, if you've ever thought about building a coaching business
1:07.9	as a side hustle that hopefully will take over your life,
1:10.4	go to Coach Builder.
1:11.5	Com slash Coach Summit and sign up today.
1:14.0	It is going to be an awesome year, but only if you are prepared.
1:23.0	Welcome to the Business Made Soap a Podcast,
	...

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