Hormozi’s Goal Hack: Doing Less for Small Biz Growth
Alex Hormozi says do less to grow more. Here is how to audit your goals without losing money.
By MyBizNerd Team · Published
Key Takeaways
- Focus on one primary goal per quarter to avoid the cash-flow paralysis caused by splitting resources.
- Audit your administrative expenses to find the 20% of tasks producing 80% of your current revenue.
- Limit new marketing experiments to one channel at a time until it reaches a measurable ROI (Return on Investment).
- Use a structured calendar to protect your time from 'goal creep' that distracts from core operations.
I was talking to a plumber in Georgia last week who was trying to launch a podcast, start a second location, and overhaul his billing software all in the same month. He was exhausted, and more importantly, his bank balance was flat. Small business owners are wired to chase growth, but often, that drive leads to a scattered mess of half-finished projects.
Alex Hormozi recently cut through this noise when he said on X that the best way to accomplish your goals is to simply have fewer of them. It sounds counterintuitive when you are trying to build an empire, but for a solo founder or a team of five, it is the only way to survive.
This article will SAVE you from wasting time on projects that don't pay and PREVENT you from burning out before your business even hits its stride.
The Math of Doing Too Much
Think of your business energy like a single bucket of water. If you try to water ten different plants at once, each one gets a few drops. None of them grow. If you dump that entire bucket on one plant, it thrives.
When you have five goals—like 'get 10 new customers,' 'redesign the website,' and 'hire a new assistant'—your brain switches focus every 20 minutes. It takes about 23 minutes to get back into a 'deep work' state after a distraction. If you switch goals three times a morning, you effectively get zero high-level work done.
For a 4-person print shop, this looks like starting a TikTok account while the main printing press needs maintenance. The press breaks, the TikTok gets 40 views, and the owner loses $2,000 in a day. That is the cost of having too many goals.
Identify Your One Big Lever
Most owners confuse 'tasks' with 'goals.' Answering emails is a task. Increasing your average ticket price by $50 is a goal.
To apply Hormozi's logic, look at your profit and loss statement. If you don't have one yet, use a simple Google Sheets dashboard to see where your money actually comes from.
Ask yourself: If I could only do one thing this month to double my profit, what would it be?
- For an HVAC shop, it might be calling every customer from last year to offer a pre-summer tune-up.
- For a freelance bookkeeper, it might be asking current clients for three referrals.
- For a retail shop, it might be setting up a July 4th flash sale.
What this means for you: Pick the one goal that pays the most and ignore everything else until it is finished.
The 'Stop Doing' List
Once you pick your one goal, you need to clear the deck. This is where most owners fail because they feel guilty about 'letting things slide.'
You have to be ruthless. If a task doesn't directly support your one big goal, it goes on the 'Stop Doing' list. For example, if your goal is increasing sales, stop spending four hours a week picking out new office furniture or debating the exact shade of blue for your logo.
If you find yourself buried in paperwork that prevents you from selling, it might be time to outsource your first admin task. This gives you the breathing room to actually hit your target.
Legal and Financial Safety Rails
While you are narrowing your focus, don't ignore the boring stuff that keeps the lights on. Focusing on marketing goals doesn't excuse you from tax deadlines.
The SBA (Small Business Administration) notes that staying compliant with local and federal regulations is a non-negotiable part of business ownership. You can have fewer growth goals, but you cannot have zero compliance goals.
If your goal-cutting leads you to neglect your quarterly filings, the IRS will remind you with a bill. Always ensure your Q2 estimated taxes are handled before you dive into a new growth project. For specific tax strategies, a $200 session with a CPA (Certified Public Accountant) is always better than a $2,000 fine later.
Use the 90-Day Sprint
A year is too long for a small business owner to stay focused on one thing. Life happens. Instead, use 90-day sprints.
- Days 1-30: Set the goal and clear your schedule of fluff.
- Days 31-60: Execute. This is the 'messy middle' where you want to quit and start something new. Don't.
- Days 61-90: Measure the results and decide if you should keep it or kill it.
According to the Bureau of Labor Statistics, about 20% of small businesses fail in their first year. Often, this isn't because the owner didn't work hard. It is because they worked hard on the wrong things.
By narrowing your focus to just one or two major objectives, you stop spinning your wheels. You start making progress that shows up in your bank account, not just on your to-do list.
What this means for you: If you feel overwhelmed, you probably have three goals too many. Delete the bottom three and watch how fast the first one gets done.
📋 Disclaimer
This article is for informational purposes only and does not constitute legal, tax, financial, or professional advice. Laws and regulations change frequently, and the information presented may not reflect the most current legal developments. Always consult with a qualified professional (CPA, attorney, financial advisor) before making business decisions based on this content. MyBizNerd may receive compensation through affiliate links, but this never influences our recommendations.