Build with Leila Hormozi The Four Lies Holding Your Business Back | Ep 140
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May 13, 2024 Discover the four misconceptions that might be stunting your business growth. Uncover why reassessing your market can lead to untapped potential. Learn the truth about scaling services and how training can elevate your team's capabilities. Explore strategies for effective delegation and the importance of addressing personnel issues decisively. This episode is a goldmine for entrepreneurs aiming to enhance their operations and foster a thriving business culture.
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Market Size vs. Skill Deficit
- "Market too small" often masks skill deficits in marketing, sales, or customer retention.
- Analyze your funnel and improve your skills instead of blaming the market.
Weight Loss Business in Europe
- A weight loss business owner thought her European market was tapped, serving only 150 women out of millions.
- Leila Hormozi helped her realize the issue was her marketing, not the market size.
Analyze Your Market
- Google your market size before assuming it's too small.
- Identify whether the problem is market size, growth rate, or a personal skill deficit.