You can make this business model work in any local market. Ask them what's the absolute cheapest that they would fulfill customers for during this thing that you're selling. This works especially well with services that have low marginal cost, which means that adding an additional customer doesn't cost the business that much. And if you ran this play for a month and spent $400 a day in ads, that's $12,000 total. Remember, you make money quickly so you can reinvest in an ad. You'd make $120,000 in gross revenue. That's revenue. But now you've got to pay $84,000 left over as a single person that has no employees. So pre
It’s about being a smart cookie. Today, Alex (@AlexHormozi) talks about how he was able to build a hundred thousand dollars per month in profit without having any employees and how this simple but powerful framework can be used by any kind of business! (Hint: it has something to do with your offer.)
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:
(1:55) - Business model works for any brick & mortar business
(4:05) - 3 Things that will make this business model work for you
(9:22) - Meet all your leads again & sell them retail products
(10:15) - The 11 things that went wrong for Alex
(15:55) - Learn how to make a Grand Slam Offer
(19:17) - Tips on how and where to start with the tech side
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