The Game with Alex Hormozi My Biggest Mindset Shift I Made As An Entrepreneur | Ep 794
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Nov 22, 2024 Explore the crucial mindset shift from optimization to transformative growth. Discover the importance of prioritizing high-impact tasks over minor tweaks for substantial business improvement. Learn how focusing on a single, significant initiative can drive productivity and wealth more effectively than spreading efforts too thin. Uncover strategies that encourage entrepreneurs to pursue bold changes that can drastically elevate traffic and revenue.
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Prioritizing Resources
- Alex Hormozi discusses the importance of prioritizing resources for optimal returns in business.
- He emphasizes the need to choose between doing more, doing better, or doing something new.
More vs. Better
- Evaluate if improving existing processes (better) or increasing volume (more) yields better returns.
- Consider factors like sales team size, conversion rates, and available capacity.
CRO vs. Order of Magnitude
- Alex Hormozi challenges the focus on Conversion Rate Optimization (CRO) over broader growth strategies.
- He suggests seeking order-of-magnitude growth in traffic rather than small conversion improvements.