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We need to be reminded more than we need to be taught. Today, Alex (@AlexHormozi) talks about the 2 root causes of why there might be some constraints in your business’ growth and how the theory of constraint can play a big role in its improvement.
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:
(1:49) - Enter an established marketplace that is incredibly saturated
(3:48) - Ask yourself “Has the business plateaued?” Has your business saturated the market already?
(5:38) - Instead of creating multiple products, why don’t you focus on one product that can solve a major problem in your chosen marketplace?
(7:09) - Improve the business first instead of creating something new. Prioritize what the problem is and how to solve it.
(8:49) - Rephrase the way you think when you’re faced with a problem and start it with “How do I…”
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