Overexpansion occurs when organizations focus on growth instead of quality, leading to an influx of employees lacking the necessary skills and training. This approach results in increased overhead due to a workforce that cannot deliver on promises, thereby damaging the organization's reputation. The root cause lies in the management's failure to adequately train staff or to hire the right talent. For sustainable growth, organizations must prioritize improving quality, as this approach naturally leads to growth, whereas prioritizing mere size leads to inefficiency and declining performance.
"You have to learn to say no to people who are not the ideal customer" In this episode, Alex (@AlexHormozi) covers the 4 most common problems that business owners need to solve in order to break through to high levels of scale. You're going to hear definitions, examples, and tactical solutions for each that will help you get to wherever your business is right now to where you want it to go.
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 and will learn on his path from $100M to $1B in net worth.
Timestamps:
(00:08) - Problem #1
(4:20) - Problem #2
(12:50) - Problem #3
(19:40) - Problem #4
(29:30) - Bonus Problem
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