The Game with Alex Hormozi Active Business to Passive Income | Ep 330
Sep 9, 2021
Discover how to turn an active business into a stream of passive income by mastering outsourcing and time management. The discussion highlights the crucial mindset shift needed to view success through ownership and delegation instead of hands-on involvement. Learn valuable insights from personal experiences, including the mental frameworks that pave the way for deeper business growth. Alex shares strategies to optimize customer engagement, profitability, and longevity in the hustle of entrepreneurship.
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Gym Launch Transformation
- Alex Hormozi discusses how he reduced his involvement in Gym Launch.
- This led to a profit decrease but significantly increased his dollars per hour.
Don't Rush Outsourcing
- Avoid prematurely exiting the CEO role.
- Focus on increasing value per hour instead of immediate outsourcing.
Entrepreneurial Trajectory
- Entrepreneurship involves consistently delegating lower-value tasks.
- This frees up time for higher-value activities, driving growth.