To achieve significant business success, it is essential to avoid distractions by concentrating on a single core service rather than diversifying efforts too broadly. Attempting multiple ventures, like contracting and flipping houses, can dilute focus and hinder growth. A business that aims to scale should fully commit to refining its primary service—in this case, roofing. The misconception of leaving money on the table often stems from a lack of dedication to mastering one area. Focusing intensively on a singular business model can lead to greater profitability and success.
If you teach something new and they’re not able to tell you about it, that means they didn’t truly learn. Today, join Alex (@AlexHormozi) as he presents his keynote at Future Flipper to talk about his definition of “work”, the importance of creating volume and leverage when it comes to output, and the ways you will not get leverage. This is part 1 of the keynote speech.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(3:38) - "Outwork me" misconceived; Alex defines work as output.
(6:52) - Volume and leverage key: Move lever, maximize output.
(10:26) - Money's link to time, leverage crucial for earnings.
(12:49) - Leverage pitfalls: Uninformed optimism, divided focus explained.
(19:14) - Epic tasks require sustained effort, avoiding overestimation of abilities.
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