Advice for Achieving Your Goals (Faster than everybody else) | 1/0 LIVE

Alex Hormozi・2 minutes read

Focus on setting controllable activity-based goals over outcome-based ones, prioritize progress through specific actions, and dedicate yourself to excellence in work for success. Embrace personal growth, focus on your own determination, and stay true to yourself despite potential challenges to achieve your dreams.

Insights

Setting controllable activity-based goals is emphasized over outcome-based ones, with an example illustrating how an employee's gym commitment was measured by attendance.
Focusing on current success and scaling up is encouraged rather than starting over in a new field, stressing the importance of overcoming initial challenges in scaling for significant growth.
Embracing personal growth and understanding that success is defined by one's determination are highlighted, emphasizing the significance of staying true to oneself despite potential challenges and shifts in relationships.

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Recent questions

How can I achieve my goals faster?
By setting controllable activity-based goals over outcome-based ones.
What is the importance of focusing on current success in business?
To scale up rather than start over in a new field.
How can I overcome challenges in scaling my business?
By choosing where to face difficulties strategically.
What is the significance of behavior change in achieving goals?
It is crucial for success, not just desires.
How can I navigate shifts in relationships when pursuing dreams?
By focusing on personal growth and determination.

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Summary

00:00

"Accelerate Goals with Activity-Based Planning"

The episode focuses on advice for achieving goals faster, with live audience questions.
The theme centers around goal setting, with a personal note about a family member's health.
The speaker emphasizes setting controllable activity-based goals over outcome-based ones.
An example is given of an employee's gym commitment being measured by attendance.
The speaker outlines a goal-setting process at acis.com, involving problem-solving and hypothesis formulation.
The process includes defining X (input) and Y (output) for each goal.
The speaker advises against downplaying the impact of current business success in pursuit of new ventures.
A comparison is made between expanding current business locations and starting a new consultancy model.
The importance of capital and skilled labor in the landscape design business is highlighted.
The speaker encourages focusing on current success and scaling up rather than starting over in a new field.

12:49

"Scaling Niche Business: Tips for Success"

The speaker discusses the challenge of scaling a niche landscaping business and offers a framework based on their experience over the past four years.
They express a desire to assist struggling business owners, particularly those earning under a million per year, by sharing tips that have proven helpful.
The speaker emphasizes the importance of choosing where to face difficulties in scaling, highlighting the distinction between making quick money versus building substantial wealth.
They suggest that overcoming initial challenges in scaling can lead to significant growth and the creation of a successful business.
Different paths to financial success are discussed, with private ownership or franchising recommended for those aiming to build substantial enterprise value.
Selling information is noted as a way to generate high income with high margins, but it may not easily translate into recurring revenue or enterprise growth.
The speaker encourages individuals to focus on eliminating what they dislike to find what they enjoy, using a process of elimination to discover their true goals.
They share personal experiences of engineering their days to maximize positive aspects and avoid negative ones, leading to a more fulfilling life.
The importance of acquiring skills through various experiences, even if they may not seem directly related, is highlighted as a valuable aspect of personal and professional growth.
Practical advice is given to a listener who shut down their agency to help software freelancers build better businesses, emphasizing the importance of focusing on strengths and offering valuable services based on expertise.

24:26

"Strategies for Gym Success and Customer Retention"

Found success in marketing and sales but struggled with customer retention in gyms.
Identified top 2% of gyms with low customer churn, interviewed them, and discovered five common strategies they all used.
Standardized these five strategies and implemented them in struggling gyms, resulting in significant churn improvement.
Emphasized the importance of focusing on specific activities for progress rather than arbitrary goals to avoid burnout.
Stressed the significance of dedicating oneself to excellence in work as the ultimate goal.
Encouraged setting realistic goals based on achievable progress rather than arbitrary timelines.
Highlighted the importance of committing to activities that lead to progress and continuous improvement.
Shared the idea of focusing on becoming the ideal version of oneself through consistent dedication to work.
Advised against setting unrealistic goals that may lead to burnout and emphasized the importance of steady progress.
Encouraged a mindset of continuous improvement and dedication to work as the ultimate measure of success.

37:09

"Strategic moves drive personal brand success"

Companies are spawning from individuals building personal brands.
Focus on making one strategic move to render other activities irrelevant.
Ruthlessly dedicate yourself to activities that align with your strategic move.
Predict a consolidation of agencies due to technological advancements.
Emphasize the importance of humans using tools to compete effectively.
Prepare to face competition from machines by leveraging available tools.
Position yourself as a consulting agency to train in-house individuals.
Having big goals is insufficient without corresponding actions.
Behavior change is crucial for achieving goals, not just desires.
Prioritize activities that yield results over vague aspirations.

50:18

"Strategic Growth Tips for Gym Owners"

Strategy is essential in determining what actions to take in business.
Working diligently is crucial for success.
Advice given to a gym owner with 70 members is to read a book on growing a gym.
Gyms rely heavily on service quality for profitability.
Scaling a gym business is challenging due to the need for skilled trainers and masseuses.
Gym owners with 70 members likely break even and need to promote more and adjust pricing.
Suggested strategies include charging more, offering additional services, and maintaining customer communication.
Simplifying business operations is emphasized, focusing on selling products or services effectively.
External accountability can be driven by personal fears, like the fear of losing one's home.
Support from a spouse is crucial for an entrepreneur's success, allowing for dedicated time and effort towards business growth.

01:03:05

"Give up to grow: Sacrifice for success"

When pursuing bigger goals, focus on what you need to give up rather than what you need to do.
Clear space by eliminating activities that do not contribute to your ultimate goal.
Sacrifice short-term pleasures for long-term gains in achieving your goals.
Prioritize the person you want to become and the potential you aim to realize.
Consider working for a small business owner to gain diverse business experience.
Learn from various business functions in a small business setting.
Be willing to take a pay cut to learn and gain experience in a new field.
Invest excess cash in courses and skills development to progress towards your goals.
Take risks, bet on yourself, and be willing to learn quickly to succeed in business.
Focus on developing necessary skills and gaining experience, even if it means starting at a lower level.

01:14:25

"Success in Gym Business Through Diligence"

The individual's father did not initially share his son's career change to working at a gym with friends until he achieved success.
Advice is given to have a longer-term perspective on success and not resent others for their opinions.
Emphasize working diligently and learning extensively in a job, particularly focusing on customer acquisition.
The importance of acquiring knowledge in customer acquisition to start one's own service is highlighted.
The individual seeks advice on determining priority actions in their fitness coaching business without tangible results.
The individual aims to produce 750 video pieces in a year and conducts daily reach-outs to potential clients.
The advice given includes focusing on creating high-quality content rather than quantity.
The suggestion is made to offer more free services to engage potential clients effectively.
The importance of improving outreach messages and offers to increase response rates is emphasized.
The individual is encouraged to continue efforts and not be discouraged by the early stage of their business.

01:26:15

Navigating Relationships and Growth Amid Pursuing Dreams

Tweaking aspects of the funnel regularly can lead to progress, with the frequency of adjustments increasing over time. Setting ambitious goals may attract both supporters and critics, as success can change relationships and reveal true intentions, highlighting the importance of focusing on personal growth and not being deterred by those who may not genuinely support you.
Pursuing dreams can lead to shifts in relationships, with some individuals revealing themselves as competitors rather than friends. Embracing personal growth and understanding that success is defined by one's own determination are key takeaways from the narrative, emphasizing the significance of staying true to oneself despite potential challenges.

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