The Daily Motivation

How To Become A Millionaire In 2023 | Alex Hormozi EP 816

7 snips
Dec 1, 2024
Discover the mathematical strategies for building a millionaire business, emphasizing customer lifetime value and sales volume. Learn how false beliefs can hinder personal growth and the power of reframing competition as a source of inspiration. Hear about valuable lessons from a mastermind event that focus on gratitude and legacy. Engage with community growth, particularly in black-led brands, and uncover how to innovate consistently for lasting success.
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ADVICE

Math for Millions

  • Break down the math to reach your financial goal (e.g., $1 million).
  • Determine the number of sales and the price per sale needed.
ADVICE

Reverse Engineer Your Sales Process

  • Identify primary actions that lead to sales (e.g., appointments).
  • Reverse engineer the process to determine daily actions needed.
ADVICE

Think Bigger Than a Million

  • Don't cap your business at an arbitrary number like $1 million.
  • Think bigger and reverse engineer the steps needed to reach larger goals.
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