The Game with Alex Hormozi The Real Issue Holding Your Business Back | Q&A Ep 781
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Oct 23, 2024 Discover key reasons why businesses struggle to grow, from mispricing to distractions. Learn actionable strategies for taking over struggling companies, focusing on leadership and operational effectiveness. Explore the potential of partnerships in lead generation and the need for fair compensation. Uncover innovative value exchange models using free services for growth. Finally, gain insights into optimizing onboarding costs and pricing strategies tailored for e-commerce platforms, maximizing customer acquisition and revenue.
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Expand Partnerships, Not Products
- Focus on getting more channel partners, not adding new products.
- Offer compelling affiliate deals, like sharing revenue or future exit slices.
Acquire Underperforming Franchises
- Target the worst-performing franchisees first for buyouts.
- Offer to absorb their liabilities and give them roles as instructors.
Targeted Content Over Views
- Focus on content that attracts your target audience, even if it means fewer views overall.
- Business content attracts business owners, while other topics attract a broader, less relevant audience.