The Game with Alex Hormozi Finding The Constriction In Your Business Will Lead To Growth | Ep 348
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Nov 23, 2021 Discover how misidentifying business constraints can cost you millions. Alex shares his personal experience of stagnation despite hiring more staff. He emphasizes the importance of stepping back to diagnose issues and optimize systems. A strategic approach, including the 'Quad Marketing Calendar,' is introduced for efficient talent acquisition. Tune in for insights on maximizing resources and driving revenue growth.
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Missed Revenue Due to Misdiagnosis
- Alex Hormozi's sales team repeatedly missed their hiring goals for two quarters.
- This misdiagnosis cost the company an estimated $10-12 million in potential revenue.
Constraints Limit Growth
- Businesses have potential and constraints; growth is limited by the constraint, not potential.
- Focus on identifying and addressing the constraint for macro-level improvements.
Streamline Hiring Process
- Identify the bottlenecks in your hiring process, such as inefficient interview practices.
- Implement group interviews to assess multiple candidates quickly, streamlining the process.