I used the exact same development shop to make the software for Allen. I should have just brought it in house and had a CTO. You need someone who has skin in the game otherwise, so this is for all entrepreneurs. We first started working with small business owners that they didn't get leads for themselves even though we solved their problem. Then we white labeled it as lead gen based because they would use it as their own company. That allowed them to switch from a recurring revenue model to a paper show model.
“You need someone who has skin in the game.” Today, Alex (@AlexHormozi) shares with us the frameworks and lessons he learned from the many mistakes that led to those four businesses in a row so that you can use them too to grow your 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:
(0:57) - My 1st business, Gym Launch, & the lessons I've learned
(18:03) - Creating my 2nd business: Prestige Labs & why I regretted it
(27:28) - Diving into software as my 3rd business after Prestige Labs
(35:20) - My 4th & current business (aka that I’ll do for the rest of my life): Acquisition.com
(40:28) - Get the right person in the right seat doing the right playbook on the first shot
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