The Game with Alex Hormozi Money Making Advice You Needed to Know Yesterday | Ep 659
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Jan 16, 2024 Learn the secrets to building a successful business, focusing on sales, leadership, and mastery of essential skills. Discover the significance of the Customer Acquisition Cost to Lifetime Value ratio for sustained growth, and how to craft powerful brand identities. Dive into the balance of freedom and discipline in entrepreneurship and the importance of tailored education. Gain insights on optimizing sales strategies and the role of effective partnerships in navigating challenges. Plus, explore personal anecdotes and lessons from a journey of financial transformation.
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Getting Rich
- To get rich, start a service business, especially one focused on the body.
- These businesses are less susceptible to disruption and often involve valued human interaction.
Starting Over
- Alex Hormozi lost everything once and quickly made $100k by partnering with local businesses.
- He fronted marketing costs, worked leads, and sold services at a discounted bulk rate.
Essential Business Skills
- To make a lot of money, learn to build (products/services), sell, and lead.
- Focus on building exceptional products, as marketing is easier with a superior offering.