Transitioning From Dying Business Models | Ep 853

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 17 March 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Wanna scale your business? Click here.

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 and will learn on his path from $100M to $1B in net worth.

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Transcript

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0:00.0	A number of businesses just lined up over two days to ask me questions.
0:03.6	They range from $200,000 a year to $140 million a year.
0:06.2	And the crazy thing is, is the questions between businesses are so similar that they apply to all of them.
0:11.6	And we pull it out the best moments that we think will give you the highest ROI.
0:15.5	Enjoy it.
0:16.8	Hey, Alex, thanks.
0:18.0	Yeah, you bet.
0:18.6	So my name is Zach Levine.
0:20.0	We sell pain management services to New Yorkers.
0:23.4	Okay.
0:24.1	Integrative pain, so, chiroac, PT.
0:27.1	Like old people, young people, women, men.
0:29.2	We have a bunch of avatars right now, which is potentially a problem.
0:32.5	Brick and mortar.
0:33.4	Brick and mortar.
0:34.3	We're out of network insurance, which is a dying, which we'll get to.
0:37.9	Sure. We do 4.2 in revenue. Okay. But you're mostly insurance or you're mostly cash?
0:42.7	Mostly insurance. Oh, mostly insurance out of network. Got it. Yeah. Yeah, 4.2 wants to get to 20.
0:46.9	Okay. Got it. We have three offices and don't know exactly how to transition out of the dying business model.
0:53.4	Obviously, our industry is growing. Yeah of the dying business model. Obviously, our
0:54.2	industry is growing. Yeah. So what business model are you thinking about switching to?
0:59.6	Cash. I have a bunch of friends who are in-network and murdering it. In-network, yeah. Why don't
	...

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