The Game with Alex Hormozi Finding Constrictions In Your Business Will Lead To Growth | Ep 548
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Jun 8, 2023 Discover how misidentifying business constraints can cost you millions. Alex shares his two-year struggle and how stepping back unveiled hidden issues. Learn about empowering entrepreneurship and the 'Quad Marketing Calendar' for smarter recruitment. He emphasizes the importance of managing employees and maximizing systems to unlock growth. Tune in for insights on transforming your business and ensuring every dollar counts!
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Missed Revenue
- Alex Hormozi missed out on $10-12 million in revenue due to a misdiagnosed problem.
- This happened because he focused on the wrong constraint in his sales team.
Constraints Limit Growth
- Businesses grow only up to their biggest constraint.
- Entrepreneurs often add potential instead of addressing constraints, hindering growth.
Diagnose the Constraint
- Identify system constraints by examining related processes and metrics like hiring and churn rates.
- Quantify the impact of these constraints to understand their effect on revenue goals.