The Game with Alex Hormozi

Why You're Stuck in Your Business | Ep 699

45 snips
Apr 17, 2024
Discover how to unlock your business potential by overcoming market limitations and personal barriers. The importance of a mindset shift is emphasized, along with strategic thinking to serve more customers. Explore the three pillars of business growth: beliefs, traits, and skills, and how they interconnect. Learn how expanding your vision can drive unprecedented growth and break industry revenue benchmarks. Transform your beliefs to achieve greater success!
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INSIGHT

Reasons for Business Stagnation

  • Businesses get stuck due to incorrect beliefs, lacking traits, or skill deficiencies.
  • Address these three areas to overcome limitations and achieve growth.
ANECDOTE

10X-ing Gym Revenue

  • Alex Hormozi 10X'd his gym company's revenue compared to the biggest competitor.
  • This demonstrates that perceived market limitations can be overcome.
ADVICE

Consolidating Market Share

  • If multiple competitors achieve similar revenue, one could potentially combine their market share by outperforming them.
  • Consider how to consolidate market share by being better than all competitors.
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