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Alex Hormozi

๐Ÿ‘ค Speaker
44148 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And you can only do that if you're good because you have more demand than you have supply.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And that's the game that you ultimately want to be in.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Now, is there a world for a low-cost service provider?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Yes, with one very important caveat.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

You have to decide day one when you build this business that you're building it as the low-cost provider.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And that doesn't mean, oh, people didn't want to buy this price, I'm going to go cheaper.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

It means that day one, every decision you've made, you've made with that North Star, which is that we want to be as operationally efficient as humanly possible.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So we're going to offshore all of our talent.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

We're going to have as much automation built into our business as humanly possible.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And our primary USP or selling proposition is going to be that we are the cheapest.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

It is absolutely a game where you can make a lot of money.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

but you have to decide to be in that game day one.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I have spent the vast majority of my life on the premium side, which is where I would recommend most of you go because service businesses are inherently more difficult to scale because you have to scale headcount.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And so if you're going to have 20 people that work for you, I'd rather be making a million dollars per person than making less than that.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I'll just say that.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I'd rather make a million dollars per person because then it'll be worth the headache that comes with the headcount.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So,

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

That's shape number two.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Drum roll, please.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

That brings us to shape number three.