The Power of Prioritization: Making Every Move Count (GymCon Day 1) - Pt. 1 | Ep 559

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 4 July 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

"If it has stayed the same and you are spending all your time working on it, you're not gonna get more hours." Today, join Alex (@AlexHormozi) as he guest speaks during Day 1 of GymCon to talk about strategies for maximizing profits in a gym business and emphasizes the importance of identifying the constraint of the business to properly allocate resources. He also touches on the topic of branding and reputation, providing insights on how to cultivate associations with intangible ideas that customers want. This is part 1 of the talk.

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(4:19) - Maintaining brand and reputation is difficult

(9:20) - Anxiety = don't know what to pick

(10:29) - Strategy = prioritizing for the most bang for your buck

(13:57) - Better priorities = most money

(19:08) - Identify constraints of business in order to grow

(24:10) - Small businesses need more A players

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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, make better products,
0:12.0	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.
0:19.5	The single thing that I have to do is leave review,
0:22.0	take you 10 seconds or one type of the thumb,
0:24.0	it would mean the absolute world to me.
0:25.3	More importantly, it may change the world of someone else.
0:28.2	Strategy is a big, fluffy, amorphous word that gets tossed around a lot
0:32.9	and no one knows what the fucking means, but it's probably important.
0:35.8	And in my opinion, it is the most important.
0:41.3	Welcome to the game where we talk about how to sell more stuff to more people in more ways
0:44.7	and build businesses worth owning.
0:46.4	I'm trying to build a billion dollar thing with acquisition.com.
0:49.0	I always wish pesos, musk and buffet had documented their journey,
0:51.9	so I'm doing it for the rest of us.
0:53.2	Please share and enjoy.
0:54.2	Okay.
0:57.1	Okay.
0:58.0	What is up?
0:58.8	Everyone pumped?
	...

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