The Game with Alex Hormozi

Ownership To CEO | Ep 366

Jan 25, 2022
Discover the key differences between being an owner and a CEO. Learn how to structure your business to operate independently and unlock the freedom you crave. Alex shares invaluable insights on positioning your company for sale while fostering growth without your constant involvement. Embrace the role of advisor for a more impactful leadership style. Get ready to transform your approach and maximize your business potential!
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ADVICE

Structure for Saleability

  • Structure your business so it can be sold, even if you don't plan to.
  • This creates freedom and optionality, regardless of your long-term plans.
INSIGHT

CEO vs. Owner

  • If your business relies on you, you're a CEO, not an owner.
  • True ownership means the business can function and thrive without you.
ANECDOTE

Warren Buffett Example

  • Warren Buffett owns businesses like See's Candies and Geico but doesn't run them.
  • This illustrates the concept of ownership without operational involvement.
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