The Game with Alex Hormozi Brutally Honest Business Advice | Ep 878
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May 3, 2025 In this rapid-fire Q&A, real entrepreneurs receive candid advice on scaling various service businesses. From transforming a declining insurance model to a cash pay approach, the importance of strategic pivots shines through. Discover how to confidently raise prices while enhancing perceived value. Insights on balancing construction and service revenue reveal key retention strategies, while a deep dive into customer acquisition costs (CAC) and lifetime value (LTV) demonstrates how to optimize marketing efforts effectively.
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Test Relationship Compatibility Early
- Spend focused time with your partner before committing to marriage.
- Live your normal life without catering to test compatibility honestly.
Transition to Cash-Based Offers
- Transition your pain management business by focusing on 1-3 high-converting cash-based offers.
- Use paid ads locally with a discounted assessment to build predictable cash flow.
Centralize Sales and Profit Guarantees
- Centralize sales before changing your roofing offer to improve efficiency and revenue.
- Use a profit guarantee rather than money-back to create a compelling offer that reduces customer risk.