The Game with Alex Hormozi

Eyes Forward - Looking ahead | Ep 189

24 snips
Mar 19, 2020
Discover the power of mindset as Alex shifts the narrative from competitors stealing clients to embracing abundance in the industry. Learn why building relationships is key to community success. He dives into innovative advertising strategies, emphasizing remote training and cost-effective operations. The importance of financial stability through smart lease negotiations and SBA loans is also highlighted. Finally, Alex encourages crafting your personal success story, showcasing resilience in the face of challenges.
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ADVICE

Stop the Bleeding: Transition to Remote

  • Transition existing clients to remote training to stop membership losses.
  • Offer one-on-one remote services, overdelivering value compared to group settings.
ADVICE

Cutting Overhead: Rent Relief

  • Cut overhead by negotiating rent relief with your landlord.
  • Explore options like upfront rent forgiveness, lease extensions, or amortizing the forgiven rent.
ADVICE

Fill the Bucket: Advertising

  • Run advertisements to attract new clients.
  • Capitalize on lower ad costs and increased online presence due to the pandemic.
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