"I watched my bank account basically go from some money to no money. And so at the end of that, we shut the gym down," he says. "And this was hard for me, because I just spent four years building, you know, six facilities and all that stuff." He adds: "The entrepreneurial journey is one that improves you, not anything else"
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)