The Game with Alex Hormozi A Billionaire Taught Me How To Think Like A Billionaire | Ep 554
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Jun 22, 2023 Explore the mindset shifts needed for effective problem-solving in business. Discover the difference between what needs to be managed versus what can be solved. Learn how binary thinking oversimplifies decisions, and why embracing a continuum perspective leads to more nuanced understanding. Alex shares practical frameworks to enhance decision-making and improve business practices, emphasizing the balance of control and empowerment in teams.
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Delegation Struggle
- Alex Hormozi initially struggled with delegation, leading to issues with team performance.
- He oscillated between delegating too much and micromanaging, both hindering productivity.
Define the Problem
- Identify the core problems in your business.
- Ask, "What problem are we solving?" to maintain focus.
Dichotomies vs. Problems
- Many business challenges are dichotomies to manage, not problems to solve.
- Recognize recurring patterns to avoid wasting effort on unsolvable "problems."