The Game with Alex Hormozi Life Changing Money Beliefs | Ep 286
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Mar 23, 2021 Dive into the journey of transforming business challenges into success stories. From facing financial crises in the fitness industry to mastering innovative sales strategies, the shift in mindset is key. Discover how focusing on generating money, rather than just building a business, leads to sustainable growth. You'll learn about invaluable lessons from Warren Buffet that can change your perspective on earnings and profitability. It's all about resilience and the strategic approach to navigating the financial landscape.
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Gym Launch Refund Crisis
- Alex Hormozi discusses his experience with Gym Launch, where gym owners exploited his refund policy, causing significant financial losses.
- This led to a death spiral where he had to sell more each month just to cover previous refunds.
Shift in Mindset
- Focusing on making money helped Alex Hormozi find a solution to his refund problem.
- He bundled his services and sold them directly to gym owners.
Think Like the Wealthy
- Successful people constantly think about making money from their business.
- Ask yourself: "If I absolutely had to make money, what would I do?"