The Game with Alex Hormozi Making More $$ For Your Business - Keynote & Q&A | Ep 801
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Dec 9, 2024 Learn how to balance personal passion with business goals to boost profits. Explore strategies for customer acquisition and improving lifetime value. Discover the vital role of identifying your ideal customer, especially in the health sector. Dive into effective expansion tactics like partnerships and centralized systems. Understand the emotional challenges in making business decisions and how to manage them. Plus, uncover monetization strategies for med spa training, focusing on lead generation and compelling content.
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Monetizing Content
- Help a large audience with free content.
- Monetize a smaller, elite group within that audience.
Passion vs. Business
- Alex Hormozi's gym experience showed him that 'following your passion' can be misleading.
- Running a business often involves tasks unrelated to the initial passion.
High-Leverage Actions
- Focus on high-leverage actions.
- Use a framework of 'what, how, who' to prioritize initiatives.