The average gym was getting 9% of leads in the door when they had to work them manually. Use allen was one of the first companies to use machine learning in chat interactions. And so because they are small business owners, they don't like recurring fees. They preferred to have something based on usage, even if it was more expensive,. Because it's lower risk, at least perceived risk.
“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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LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition