The Game with Alex Hormozi

Innovation in the Industry | Ep 3

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Jul 5, 2017
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ANECDOTE

Copying in the Fitness Industry

  • Alex Hormozi discusses how he's seen gyms copy his business strategies, from meal plans to ad copy.
  • He initially felt frustrated, but now focuses on staying ahead through continuous innovation.
ADVICE

Staying Ahead of the Curve

  • Stay ahead of the curve by constantly reading, taking courses, and attending industry events.
  • Experiment with applying concepts from other industries to the fitness industry.
INSIGHT

First Mover Advantage

  • Early adopters reap the most significant rewards from new strategies, getting about two-thirds of the benefits.
  • Those who are late to adopt gain little and waste resources on outdated approaches.
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