Affiliates of New Business | Ep 285

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 16 March 2021

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Let’s shake on it! Today, Alex (@AlexHormozi) talks about the four reasons why he really likes affiliate relationships a lot, dives into each reason, and how they can further improve business.

Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(1:11) - Product lines, upsells, downsells, and the differences

(2:55) - Reason #1 - Lessening opportunity costs and avoiding early business mistakes

(3:50) - Reason #2 - You can benefit a lot from the value by stacking a ton of offers or introducing your own core offer

(6:26) - Reason #3 - It’s all profit, you can still earn revenue depending on your negotiation

(7:27) - It’s incredibly flexible. If something changes suddenly, you can easily find other solutions that will still satisfy your clients

Follow Alex Hormozi’s Socials:

Transcript

Click on a timestamp to play from that location

0:00.0	Real quick, you guys already know that I don't run any ads on this and I don't sell anything.
0:04.6	The only ask that I can ever have are you guys that you help me spread the words.
0:07.8	We can not more entrepreneurs, make more money, feed their families,
0:10.9	make better products, and have better experiences for their employees and customers.
0:14.9	The only way we do that is if you can rate and review and share this podcast.
0:19.4	The single thing that I have to do is leave review,
0:22.0	take you 10 seconds or one type of the thumb,
0:24.0	it would mean the absolute world to me, and more importantly,
0:26.0	it may change the world of someone else.
0:28.3	Here's four reasons that I like affiliate relationships a lot.
0:32.4	Welcome to the game where we talk about how to get more customers,
0:34.6	how to make more per customer, and how to keep them longer,
0:36.6	and the many failures and lessons we have learned along the way.
0:39.1	I hope you enjoy and subscribe.
0:41.2	What's going on on every one happy Thursday?
0:42.6	Wanted to rock and roll with you and give you a little breakdown of one of the hard decisions
0:47.2	to make early on in business, which is when do I start referring business out for services
0:53.5	and products that my clients want from me?
0:56.8	This is difficult because obviously it's a huge amount of time and money to start another business,
1:02.7	which is different than having another product line.
1:04.4	I'll differentiate that first and then I'll give you the four reasons that I do like affiliate
1:08.3	relationships instead of starting a new business.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Alex Hormozi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Alex Hormozi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.