The Game with Alex Hormozi

Why better leads to bigger and why I tell people to close locations... ..and how to grow VERTICALLY not HORIZONTALLY | Ep 87

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Nov 26, 2018
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ADVICE

Delay Expansion Until Proven Remote Profitability

  • Avoid opening new locations until your first location consistently nets $20,000/month for six months while you work less than 10 hours/week.
  • If growth isn't sustained remotely, close or refocus locations instead of multiplying problems.
ANECDOTE

Quick Expansion Kills Early Profits

  • Many owners open a second location within months after a turnaround and immediately lose focus on the first site.
  • That often causes both locations to drop from profitable to break-even or worse.
INSIGHT

Status Drives Bad Expansion Decisions

  • Status-driven expansion often contradicts actions that grow bank accounts and profits.
  • Owners who chase status by opening locations dilute focus and usually reduce overall profit.
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