$1M Mistake #2 - Firing 20 People Because of A Bad Call | Ep 279

08:49

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Always keep the quality in check. Today, Alex (@AlexHormozi) shares his experience during the time they had to fire many of their employees, what he and Leila were feeling during that time, the reason why they had to proceed with this move, and the lessons he learned from this.

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:

(0:55) - Alex realized that during the growth of the supplements company, the same amount of work currently done by 4 people is being done by 25

(3:13) - Lesson #1: the individual was not growing because they were actually not working to their potential. They were lacking experience. Lesson #2:  The experience that these employees had in our service business was not relevant to the physical products

(5:52) - After the mass firing, they got a new director to help them fix their system and make sure they were utilizing all their employees to their potential

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