The Game with Alex Hormozi

Why You Should Get Rid Of Your Google Sheets Empire | Ep 798

60 snips
Dec 2, 2024
Explore the pitfalls of relying on Google Sheets as a data management tool. Discover how effective IT support can transform decision-making and scale business growth. Learn why data-driven decisions surpass gut feelings, and hear personal anecdotes that highlight the importance of quality data. The discussion also underscores the critical role of IT professionals in aligning tech efforts with business goals, inviting million-dollar business owners to take part in a workshop for tailored strategies.
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ADVICE

Google Sheet Empire to CRM

  • Alex Hormozi suggests it's okay to start with simple tools like Google Sheets, especially for businesses under $3 million.
  • However, be prepared to transition to a CRM as your business grows to avoid data deficiencies.
INSIGHT

Data and Business Value

  • Businesses are often valued based on their data, and poor data systems suggest intuition-based decisions.
  • Good data systems demonstrate data-driven decisions, which increases business value for potential acquisitions.
ANECDOTE

IT Implementation Experiences

  • Alex Hormozi shares his experience with four major IT implementations: two successful, two unsuccessful.
  • The successful ones involved his direct involvement; the unsuccessful ones involved delegating entirely.
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