The Game with Alex Hormozi

5 Core Functions of A Business | Ep 14

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Aug 2, 2017
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ADVICE

Five Core Business Functions

  • Visualize your business as a pipeline with five core functions: lead generation, sales, fulfillment, ascension/reselling, and referrals.
  • Focus on all five functions, not just lead generation, for a thriving business.
ADVICE

Ascension and Reselling

  • Focus on customer ascension by upselling more expensive services or products.
  • Encourage repeat purchases and referrals to maximize customer lifetime value.
INSIGHT

Beyond Lead Generation

  • Lead generation is often the most expensive part of a business.
  • Other functions like upselling and customer retention contribute significantly to revenue without high costs.
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