The Game with Alex Hormozi

There's Always A Way & Tactics for Recession | Ep 191

Mar 24, 2020
In times of uncertainty, entrepreneurs must develop thick skin and adapt swiftly. Emphasizing resilience, the discussion explores the shift to remote training and the benefits of personalized service. The need to pivot and find innovative solutions to customer problems is highlighted as crucial for enduring economic challenges. Strategies for maintaining customer engagement and discovering new opportunities are shared, along with a mindset shift that encourages viewing obstacles as avenues for growth.
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ADVICE

Focus on Controllables

  • When people express financial concerns, remind them of what they can control.
  • Focus on controllable aspects like health and well-being.
ADVICE

Develop Thick Skin

  • Develop resilience to rejection, as lead flow is currently high.
  • Sales require volume; don't be picky about how money comes.
ANECDOTE

Physical Therapists vs. Fitness Businesses

  • Some businesses, like physical therapy clinics, shut down entirely, laying off all staff.
  • The fitness industry, however, has an advantage: the ability to pivot to remote services.
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