All big businesses run off of extraordinary degrees of arbitrage. Today, Alex (@AlexHormozi) talks about what arbitrage is, how you can harness, and leverage it in 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:
(0:45) - The definition of "Arbitrage" and how all businesses are arbitrage
(3:13) - The difference between economic profits and accounting profits
(6:28) - What factor is going to dictate if it's one market or another?
(7:46) - One valuable concept to understand
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