Synopsis
Welcome to The Gym Secrets Podcast where you can listen in on the Top 1% of Gym Owners to hear the secrets of what they are doing differently to get more customers, make more profit per customer, keep them longer, and do it all without sacrificing their personal lives. We've got roll up your sleeves kind of hustle with a little bit of cleverness and a lot of heart. We are 1% of gym owners and this is our podcast. (Hosted by Alex Hormozi)
Episodes
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Gym Owners - Is not having this SKILL preventing you from making the money you want?
17/09/2018 Duration: 12min"Your income is always going to be tied to the level of skill that you have." Today, Alex (@AlexHormozi) emphasizes the importance of acquiring the rainmaking skill and becoming a rainmaker for business success. He also discusses the limitations of relying on agencies and revenue sharing companies and the value of learning how to scale a business from someone who has successfully done it themselves.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:(1:21) - Become a rainmaker for success.(3:32) - Acquire skills without depending on agencies.(5:32) - Obtaining skills leads to additional skillsets.(8:01) - Companies lack skills beyond lead generation.(9:53) - Learn from someone with direct experience.(10:10) - Choo
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Future of Gym marketing & current state... 80/20 or 90/10. | Ep 78
14/09/2018 Duration: 17min"Everything comes down to where attention is, where eyeballs are, and the relative cost of those eyeballs." Today, Alex (@AlexHormozi) emphasizes the importance of doubling down on marketing efforts that are currently working instead of getting distracted by new platforms or strategies. He also shares his approach to scaling ad spend and encourages listeners to prioritize data over trusting anyone's claims about Facebook's algorithms.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:(1:17) - Attention, eyeballs, and relative cost for marketing success.(3:35) - Maximize current success, avoid new distractions.(5:43) - Invest in what's profitable, avoid passive income.(9:43) - Diversification as a hedge, focus on
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The New Recurring Revenue Model...and how we have less than 1% churn...
07/09/2018 Duration: 20min"Ask them what is the thing that you are struggling the most with?" Today, Alex (@AlexHormozi) shares the secret to achieving less than a 1% churn rate in a recurring revenue model. Businesses can retain customers and increase revenue by treating the model like a launch model and continuously creating new solutions for customers' problems.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) - Revolving door churn: most businesses fail.(2:42) - Create new content regularly for recurring customers.(6:24) - Regular communication builds affinity and trust.(11:05) - Ask customers about obstacles, provide solutions.(14:11) - Don't pitch; focus on serving and retaining.(17:07) - Delegate to passionate individuals t
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0 Tolerance entrepreneurialism and my definition of help...and why "focus" is a lie. | Ep 76
06/09/2018 Duration: 15min"You shouldn't want people to need you. Cause if they need you, you must always be a slave to your business." Today, Alex (@AlexHormozi) discusses the importance of removing distractions to focus and be more productive as an entrepreneur. He also talks about his definition of help and how to identify and handle people who are not helping you.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:(1:21) - Help = attention, know who helps/hurts(6:33) - Small changes aggregate attention, tackle big tasks(7:35) - Do less, focus on one thing, be efficient(10:11) - Acquire skills, lack of attention hinders growth(12:35) - Optimize schedule, prioritize, delegate non-essentials(14:35) - Embrace self-sufficiency, avoid depend
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How long will the 6 week challenge keep working...
04/09/2018 Duration: 22min"The point of business is not to win. The point of business is to keep playing." Today, Alex (@AlexHormozi) discusses the six-week challenge and its effectiveness in the gym industry. He breaks down the different factors that contribute to the success of a promotion and emphasizes the importance of adapting to new platforms and offers to stay ahead in the game of business.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:(1:32) - Better offers, faster-split testing(7:19) - Conversion rate affects economics(10:59) - Budget determines platform lifespan(13:23) - Adaptation crucial for business survival(16:37) - Saturation ≠ failure; others' success = promotion works(18:11) - Experiments lead to success, despite shi
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When to stop coaching classes...and how to #levelup skillsets to scale your business...HOW TO MINE FOR GOLD FROM YOUR BUSINESS
29/08/2018 Duration: 12min"If right now your income has been stagnant for some time, it is because you have a lack of skills." Today, Alex (@AlexHormozi) discusses the importance of acquiring high-value skills to level up and scale a business. He includes examples of how investing in leadership, sales, and marketing skills can help increase revenue and productivity.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:(1:26) - Acquire high-value skills to increase income.(3:32) - Increase earnings by selling training hours.(5:34) - Stay in the boring zone to avoid trouble.(8:44) - Manage attention despite parental distractions.(11:00) - Identify lacking skills and improve results.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Fac
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What separates "the best" from "the rest"...and what the best sales people & baseball players have in common.. | Ep 73
27/08/2018 Duration: 11min"It's about seeing how you can consistently execute the same thing over and over and over again." Today, Alex (@AlexHormozi) discusses the importance of consistency in sales and business success, citing examples from top-performing salespeople and baseball players. He emphasizes the need to establish routines and recognize patterns to execute sales techniques, achieving desired outcomes consistently.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:(2:42) - McDonald's: Consistency over quality for success.(4:25) - Repetition and outworking doubt create consistency.(6:20) - Establish a daily routine for consistent outcomes.(7:43) - Best salespeople train multiple times for mastery.(9:23) - Mastery leads to uncons
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You've been lied to
24/08/2018 Duration: 19min"Your business will always be broken, provided it is growing." Today, Alex (@AlexHormozi) discusses that no business program can solve all of a business's problems, as success creates deficits that require continuous growth and learning. He also talks about the advantages of leveraging information and community to solve problems faster and grow faster.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:(1:32) - Acquisition system exposes growing problems.(5:32) - Iterate and leverage best practices for rapid growth.(7:32) - Leverage information and community for accelerated growth.(10:59) - Entrepreneurs acquire skills and teach others.(12:48) - Best investment is information for saving time and attention.(16:05)
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Why what style of fitness you practice doesn't matter...and the SECRET equation that our $1M+ facility owners understand that your sales people dont. | Ep 70
11/08/2018 Duration: 16min"You have to meet someone where they are." Today, Alex (@AlexHormozi) discusses how gym owners can succeed regardless of location or fitness style and emphasizes the importance of focusing on the outcome rather than the method. He also introduces a value equation for fitness and stresses the need to meet clients where they are in their fitness understanding.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:(1:42) - Fitness style and location don't matter for success.(5:37) - Focus on outcome, not fitness style or details.(9:03) - Value equation: outcome × likelihood ÷ time and effort.(11:34) - Higher prices can increase earnings. Don't settle.(13:13) - Start with psychological win. Introduce advanced techniques.
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"The Ostrich Jacket" Price Overcome (how to sell anyone on anything at any price related to fitness...)
08/08/2018 Duration: 09min"Just because you are insecure about your pricing and value does not mean you should take that from them." Today, Alex (@AlexHormozi) discusses the importance of selling expensive items and how it relates to people's desire to buy and own expensive things. He also provides a price objection technique using a relatable comparison to help potential customers understand the value of their purchase.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:(0:37) - People spend more on enjoyable things(1:35) - Brain chemistry affects expensive item enjoyment(2:56) - Price objection example: Mrs. Johnson's items(5:40) - Insecurities should not prevent valuable experiences(6:47) - Cost per-wear breakdown for better comparisonF
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The "New" entrepreneurial golden resource...and how you are probably leaking it...✨ | Ep 68
01/08/2018 Duration: 18min"The things that got you here are not the things that will get you there." Today, Alex (@AlexHormozi) talks about the importance of managing attention, which he argues is the most valuable resource for entrepreneurs. He shares personal anecdotes and insights from successful business owners to emphasize the need for discipline and focus to grow and succeed.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:(0:34) - Importance of attention over time management(4:00) - High-level entrepreneurs prioritize attention and limit distractions(6:29) - Outworking others not key to long-term success(9:32) - Attention enables wisdom, opportunities, and solutions(11:52) - Clarity allows focus on growth. Discipline is key.(16:0
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What your parking space tells you about how good of a business owner you are...and your culture (and whether your team secretly doesn't care)
30/07/2018 Duration: 05min"If you can fix the broken windows, people stop committing crime." Today, Alex (@AlexHormozi) talks about how your parking space can tell you about the culture of your team and how it affects customer service. He emphasizes the importance of putting customers first and setting the right tone for exceptional customer service from the moment they arrive.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:(0:43) Parking reflects team and customer values.(2:35) Prioritize customer convenience over personal parking preferences.(3:27) Minimize customer issues like parking for better experience.(4:01) Small details like parking sets tone for organization.(4:32) Assess trainer parking to improve service quality.Follow Ale
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”How to serve caviar when your customers are satisfied with cheese & crackers." --and why you aren't making as much money as you want..." | Ep 66
10/07/2018 Duration: 15min"They don't love their customers." Today, Alex (@AlexHormozi) discusses the importance of having a game outside of just making money and how deeply caring for your customers can lead to success in business. The concept of "weapons-grade compassion" is introduced as a way to win in any industry.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:(1:11) - Lack of purpose hindered financial success.(3:43) - Love customers, serve better, avoid blaming.(6:01) - Care deeply about customers' lives and success.(9:44) - Constantly improve and serve customers to stay ahead.(11:46) - Persistence alone won't lead to financial gains.(14:13) - Combine compassion with strategic thinking for the next level.Follow Alex Hormozi’s S
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AND HOW TO BE OKAY CLOSING BOOKS HALFWAY THROUGH...AND NOT FINISHING VIDEOS YOU START...be a frugal, disciplined spender of your most valuable asset. | Ep 65
09/07/2018 Duration: 09min"Every day's a workday. Saturdays and Sundays are just work days without meetings." Today, Alex (@AlexHormozi) talks about the importance of consuming content wisely and gives tips on filtering out irrelevant information. He also shares a guide on the essential skill sets for entrepreneurs, emphasizing the importance of focusing on sales and marketing before leadership and team management.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:(0:20) - Wise content consumption saves time and attention.(1:41) - Filter content by relevance to business and current stage.(2:32) - Learn to sell, then focus on marketing skills.(5:06) - Don't waste time on irrelevant content.(5:32) - Consume content based on needed skills.Fo
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How to 2x your show up rates using only your voice
07/07/2018 Duration: 13min"You'll speak differently. They will hear you differently." Today, Alex (@AlexHormozi) talks about increasing show-up rates and double sales using the power of scarcity and urgency. He shares his experience of how his sales team always doubled sales in every market they were in on the last five days of their stay and how this could be applied in any industry to maximize the likelihood of customers showing up.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:(3:39) - Scarcity and urgency doubled sales.(6:39) - Salespeople's belief drove urgency and results.(8:30) - Remind customers of goals, create scarcity and urgency.(8:59) - Believe in scarcity to motivate customers.(9:43) - Remove reschedule option, double sh
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How do you make 6WC work with PT first? How to make it work with online? How to make 6WC work in a small studio w Muay Thai? What about market saturation? | Ep 63
25/06/2018 Duration: 18min"There will always be something that brings people in the door." Today, Alex (@AlexHormozi) addresses various user questions related to running a six-week challenge in different types of fitness studios and the potential market saturation. He emphasizes the importance of over-delivering, having a great fulfillment mechanism, and testing different acquisition processes to grow a gym business successfully.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:(2:14) - Limit participants, charge more(4:10) - Avoid valley of despair, focus locally(7:27) - Great service, succeed in the market(11:45) - Fitness market larger than realized(14:24) - Large customer pool, no saturation concern(15:42) - Be adaptive, adjust as ne
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Calling on all Gym Lords, Gym Launchers, and Lurkers (you know who you are) AMA - WHAT DO YOU WANT TO KNOW? | Ep 62
22/06/2018 Duration: 02min"What are the biggest bottlenecks you're suffering from in your business?" Today, Alex (@AlexHormozi) asks listeners to share their biggest business bottlenecks in the gym space so that he can help solve their problems using his extensive knowledge and data set. He promises to answer all questions via video and hopes to provide value to listeners by sharing his expertise.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:(0:29) - Assist with business bottlenecks and challenges.(1:35) - Share knowledge, solve problems, make videos.(2:19) - Offer for gym owners and community members.Follow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
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How To Inspire Your Team & Create An Evangelical Following In Your Clients & Your Employees. | Ep 61
21/06/2018 Duration: 17min"People want to follow people who are authentic." Today, Alex (@AlexHormozi) discusses the importance of inspiring employees and clients through authentic beliefs and values rather than manipulative tactics. Focusing on the "why" behind a business or brand can create loyal followings and achieve higher productivity and customer loyalty.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:(0:40) - Two ways to motivate: rewards or beliefs.(4:14) - Focus on your game, not competition.(7:03) - Start with why to inspire action.(9:32) - Beliefs create alignment and inspire followers.(12:35) - Trust fosters initiative, innovation, and loyalty.(15:32) - Stand by values, regardless of outcome.Follow Alex Hormozi’s Socials:L
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Game Theory - Infinite vs Finite Games and how it can massively TRANSFORM your business...
12/06/2018 Duration: 11min“The game is to outlast. The game is to keep playing the game."Today, Alex (@AlexHormozi) discusses how game theory can fundamentally change how we see and approach business, shifting from a finite game mentality to an infinite game mentality, with the objective being to keep playing. He provides examples of finite and infinite games and how understanding the difference can affect decision-making and long-term success in business.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:(1:09) - Finite games: known players, fixed rules, winning objective.(2:36) - Infinite games: known/unknown players, changeable rules, continuous play.(5:00) - Business: infinite game, goal is to keep playing.(6:08) - Winning in business
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Why you shouldnt' believe the revshare or agency lie...
31/05/2018 Duration: 12min"If you don't know how to do those things, it's not a business." Today, Alex (@AlexHormozi) discusses the issues with gym marketing agencies and revenue share companies, highlighting the importance of gym owners taking ownership of their business and learning all core competencies. He emphasizes that outsourcing these competencies leads to a lack of personal growth and business success.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:(1:05) - Gurus made money but didn't know business.(3:08) - Learn competencies of running a business.(5:43) - Learn skills to take control of business.(9:11) - Own every aspect of your business.(9:54) - Outsourcing without learning leads to unsuccessful business.(10:44) - Consider