My First Million cover image

Alex Hormozi: I Lost Everything Twice… Then Made $26M In 18 Months | Alex Hormozi Interview

My First Million

00:00

Expand Revenue by Leveraging Existing Customers

Businesses typically start with a positive front-end return on investment (ROI) by acquiring customers effectively, but often lack a backend strategy to maximize revenue. Initially, a small group of founders achieved a three-to-one lifetime value (LTV) to customer acquisition cost (CAC) ratio, indicating a successful customer acquisition model. To enhance profitability, it's essential to explore additional sales opportunities for existing customers, transforming initial single transactions into multiple revenue streams.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner