Rona Ritten: I just missed out on a bunch of revenue that I should have been able to make because we were solving the wrong problem. All of the focus was on the sales manager and who he was bringing in and how he was training them rather than what is the acquisition process for talent, she says. "We lost out on $10 to $12 million revenue" by miscommunicating with HR director about hiring processes, YouTube founder adds.
Watch the YouTube video of this episode HERE
Make the most of your time (and your money). Today, Alex (@AlexHormozi) talks about the mistake he’s been doing with his company for two years that made him lose millions of dollars, how he was able to spot the problem, and how taking a step back to find the problem will help you see if your system is maximized to its fullest potential.
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:
(2:19) - Entrepreneurs add potential to business, not solve constraints.
(4:56) - HR tasks too time-consuming, system flawed.
(6:01) - Use Quad Marketing Calendar to get new talents efficiently.
(7:30) - Ascend and resell customers, manage employees.
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LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
(This episode is a re-run. Original airdate was November 23, 2021)