The Game with Alex Hormozi I Reverse Engineered the Perfect Business | Ep 614
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Oct 3, 2023 Discover the key strategies to enhance business value and profitability. Learn how to build a leadership team that ensures sustainable growth while minimizing founder reliance. Explore effective marketing and customer acquisition tactics that foster independence. Delve into the power of automated metrics for informed decision-making. Finally, uncover how focusing on cash flow and profitability can pave the way to a remarkable EBITDA milestone. This is your blueprint for accelerating business success!
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Gym Launch's Rapid Growth
- Alex Hormozi grew Gym Launch from $0 to $4.4M monthly in 20 months.
- This rapid growth led to burnout and a desire to sell, prompting a journey to increase the business's value.
Variables of Business Value
- Business value is determined by customer count, lifetime gross profit, and risk.
- Increasing customers or profit, while decreasing risk, increases enterprise value.
Building a Strong Leadership Team
- Build a leadership team that can run the business without you.
- Hire A-players who are experienced, produce more, and know their value, even if they cost more.