The Game with Alex Hormozi
You're Not Growing Fast Because You're Making Decisions Slowly | Ep 859
28 Mar 2025
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.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
Full Episode
You're not growing as fast as you want because you're not making decisions as fast as you need to. I heard this really great bit by Elon and it moved me enough to try and look at my own decision making process and audit it. And there's this great quote by Lee Iacocca, which is the speed of the boss is the speed of the team.
And I think a lot of that comes down to your ability to make decisions quickly.
and so right now i mean fundamentally a lot of what we do in entrepreneurship and even leadership within businesses is we're tasked with making decisions and it's one of these very amorphous topics that most people kind of like yawn at but like fundamentally at its core what business is this decision making right you have to make lots of little decisions throughout the day with varying levels of impact and i think
One of the big mistakes that I have made in my career that I try to remedy is making decisions too slowly or requiring too much data in order to make decisions. And the reality of it is that we often have to make decisions with incomplete data in kind of a world of changing variables and try and make our best shot.
What I want to recommend or at least kind of talk through today is a different way of seeing it that has like really shifted my process. Before I dive in, think back to, you know, maybe your goals four quarters ago, right?
So maybe you had some annual goals, maybe you had some, you know, quarterly goals that you wanted to hit, some monthly revenue numbers, some sales numbers, marketing numbers, lead numbers, etc. Now, if you can think back to what you were thinking about then, you probably are like, oh my God, if I looked at those quarterly objectives, they seem so out of date now as they should, right?
And likely a lot of variables have changed since you decided to make those goals. But what's interesting about it is that like, We probably, and you, if you're like me, probably belabored a long time over those goals and that planning.
But what's been really interesting is that, like, the variables of the game change so rapidly that a lot of times, like, super long-term planning, I've become less and less a fan of. And what's resulted is just more of an emphasis on decisions that I need to make today.
And I said at the very beginning that Elon had this really interesting frame, which is what I want to talk about, is when he was under the gun and it looked like Tesla could go bankrupt. And this was probably like 2022. And he had to get production to like 5,000 cars a week. And, you know, every single one of the engineers in his company said, there's no way we can get above 1,800.
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