The Game with Alex Hormozi artwork

Stop Training Sessions | Ep 13

The Game with Alex Hormozi · July 28, 2017 · 9 min

Summary

This episode urges gym owners to stop personally conducting training sessions if they want to scale their business and increase revenue. By outsourcing tasks that can be done by others for $10-15 an hour, entrepreneurs free up their time to focus on high-leverage activities like sales and marketing, which generate significantly higher returns. The core message is to continually "outsource yourself out of a job" to climb the income ladder and maximize business growth. This principle can be applied to any ecommerce business owner.

Key takeaways

Themes

founder & leadershipfinance & fundraising

Topics covered

outsourcing low-value taskssales prioritizationmarketing ownershipincome ladderentrepreneurial delegationrevenue generation strategy

Episode description

“Each sale to you is worth so much more than the time it would've taken you."Today, Alex (@AlexHormozi) discusses the importance of outsourcing tasks in order to maximize revenue and grow a successful gym business. He emphasizes the need to focus on marketing and sales, and to avoid getting caught up in time-intensive tasks such as training sessions and admin work.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:(0:48) - Outsource tasks to leverage time.(2:57) - Continually replace yourself as an entrepreneur.(5:02) - Learn marketing, don't rely on agencies.(5:47) - Trainer skills ≠ running a successful gym.(7:16) - Outsource training to focus on revenue.(8:42) - Check case studies, join Gym Launch Secrets community.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

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Frequently asked about this episode

What does this episode say about founder & leadership?
Identify tasks in your business that pay you $10-15 an hour and outsource them immediately to free up your own time.
What does this episode say about finance & fundraising?
Prioritize sales activites; a single $500 sale in an afternoon far outweighs the revenue from several low-wage tasks you might be personally handling.
What does this episode say about founder & leadership?
Learn to market your own business; don't rely solely on agencies or external hires unless they have skin in the game or are dedicated, full-time employees, especially for core strategy and creative.
What does this episode say about founder & leadership?
Continuously evaluate your roles as an entrepreneur and strive to outsource operational tasks to focus on strategic growth drivers like marketing and sales.
What does this episode say about founder & leadership?
Understand that you should be trying to 'outsource yourself out of a job' within your business, constantly elevating your responsibilities to higher-value activities.

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