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Leila Hormozi

๐Ÿ‘ค Speaker
957 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

You'd have to basically change this entire business in order to make it a bigger sellable business, which is essentially the same as starting over.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

And that's all based on your goal.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

Because the reason that you have the churn you have is because martial arts studios in general tend to have, you know, they have high churn.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

They're typically not very good business owners.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

Not very good, but just they're small, right?

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

They're very volatile.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

And so that volatility is reflected in your business.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

And volatility in their business and your business therefore creates a business that is not valuable.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

And so that's going to be based on them.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

The only way that you can get those types of customers who are volatile inherently to be sticky is to look at the things that those people already buy that they don't turn out of.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

So what are the things that they buy that they don't turn out of?

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

If you were to stick with this, and I'm just using this as a mental construct, and then I'll get into more specific examples of what I think you should do next.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

But big picture, their payment processor, they don't turn out of.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

Their CRM, they don't turn out of.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

Um, their insurance, you know what I mean?

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

Like, like there's, there's things that they don't turn out in marketing stuff.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

They will turn out of left and right and center.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

Right.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

So I think that you have this whole kids education thing.

The Game with Alex Hormozi
The Hard Truth About Growth Most Founders Avoid. Hormozi Hotline feat. Leila Hormozi | Ep 976

If it were me.