Ownership to CEO | Ep 635

“Ownership. Is the goal, not CEOship”. Today, Alex (@AlexHormozi) highlights the importance of structuring a business for potential sale, even without immediate plans. He explores the distinction between being a CEO and an owner, the benefits of transitioning from CEO to owner, and the significance of building self-sustaining businesses.

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:

(2:40) - Mistake of being CEO of multiple businesses simultaneously

(3:34) - The difference between being a CEO and an owner

(4:32) - Being a strategic advisor and not leading meetings

(6:22) - The importance of building a business that can operate without the owner

(7:36) - Removing oneself from central communication to create leverage

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(This episode is a re-run. Original airdate was January 25, 2022)