Profit is what begets growth. Today, Alex (@AlexHormozi) talks about what he does on $50,000 consulting days when he’s talking to high-level business owners and walks us through one of the biggest mistakes he has made that involves the front end. Remember: Once you have a product that is a very well-oiled machine on the back end, it takes a tremendous amount of effort to change your machine.
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:
(1:39) - Decrease business complexity, improve front and backend.
(6:21) - Factors for front and backend; Alex shares scaling mistake.
(11:59) - Bigger business needs simplicity for scalability.
(15:59) - Create leverage, simplify backend for more profit.
(17:16) - Greater arbitrage = more money and profit in the end.
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