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❌Why "SHOULD DO" is Dangerous ❌and How To Make Unhealthy Amounts of Money Doing Very Few Things... | Ep 108

The Game with Alex Hormozi · with null · February 26, 2019 · 13 min

Summary

This episode challenges the common entrepreneurial urge to

Key takeaways

Themes

founder & leadershipfinance & fundraisingai & automationconversion & cro

Topics covered

business bottleneck identificationprofit maximization strategiesstrategic resource allocationvalue-driven task prioritizationleveraging business strengthspareto principle in business

Episode description

It’s not about doing more, but rather about examining all of the decisions and tasks that will make the most money. Today, Alex (@AlexHormozi) discusses the challenges entrepreneurs face when deciding which tasks to prioritize to grow the business. He suggests that entrepreneurs identify and focus on weak links in their business and allocate resources to tasks that will make the most money.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:(0:53) - Exploring the challenges of innumerable and impossible to-dos(2:22) - Differentiating between should dos and contributed value(5:38) - Identifying business bottlenecks and strengths(10:14) - Doubling down on strengths for business growth(11:47) - Investing human capital for business growthFollow 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?
Focus intensely on identifying and addressing the single biggest bottleneck in your business that is preventing revenue growth.
What does this episode say about finance & fundraising?
Prioritize tasks and allocate resources to the few activities that directly generate the most profit and contribute significant value, rather than getting caught up in a long list of
What does this episode say about ai & automation?
Double down on your business's core strengths and unique advantages, investing capital and human resources to amplify what already works best.
What does this episode say about conversion & cro?
Regularly evaluate all business activities to differentiate between perceived obligations (
What does this episode say about founder & leadership?
Implement the 80/20 rule to identify the 20% of your efforts that yield 80% of your results, and ruthlessly eliminate or delegate the rest.

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