The Game with Alex Hormozi How To Make Money Forever | Ep 469
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Dec 6, 2022 Discover the secret to building a business that thrives on recurring revenue. Learn why focusing on customer relationships is crucial for sustainable growth. Explore how to reshape the customer experience for lasting loyalty. Alex shares insights on avoiding reckless spending and the importance of creating value over constantly churning out new products. Find out why controlling the financial flow gives you leverage and helps improve your business dynamics.
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Reorder Business
- Focus on the reorder business, not just one-time sales.
- Build recurring revenue for long-term growth and compounding returns.
Indispensable Value
- Make your product so valuable that customers never want to leave.
- Strive for a service so essential they'll proactively update payment information.
Referral-Focused Growth
- Focus on referrals: imagine if your existing customers were your only marketing channel.
- This mindset shift improves customer experience and product quality.
