"I was so emotionally numb at this point that I just wanted to just like keep moving forward and keep keep getting through it," he says. "We were supposed to start launching gyms two days later on the 26th." The company's processor canceled after 30 days because they couldn't process money, which left him $3,300 a day in debt. He finally found someone who could help but still had to pay back all of his debts.
Paying attention to profit can possibly make you millions. Today, Alex (@AlexHormozi) talks about how a key moment in his life became the catalyst of his decision-making, the struggles he went through, and the success that followed 6 to 12 months after with Gym Launch.
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:
(1:24) - Starting with a clean slate after going downhill
(7:05) - No matter what life hits you with, always move forward
(16:32) - Things were starting to get worse
(20:08) - Switching gears & the birth of Gym Launch
(23:52) - The foundation of your business matters
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(This episode is a re-run. Original airdate was April 5, 2022)