Get Over It | Ep 587
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 14 September 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
"Stop whining. It's not gonna get better." Today, Alex (@AlexHormozi) discusses the importance of accepting the rising costs of online advertising and instead focusing on monetizing customers and providing more value. He emphasizes the need to continually improve one's business and find ways to increase the lifetime value of customers, regardless of the advertising platform used.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(0:27) - Get over it. Accept the marketplace will rise.
(1:26) - Focus on monetizing customers you can control.
(4:19) - Let math dictate, be less emotional.
(5:15) - Make customers more valuable, provide more value.
(6:50) - Stop complaining, provide more value, liquidate acquisition costs.
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
(This episode is a re-run. Original airdate was October 23, 2019)
Transcript
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| 0:00.0 | Real quick, guys, you guys already know that I don't run any ads on this and I don't sell anything. |
| 0:04.5 | And so the only ask that I can ever have are you guys that you help me spread the words, |
| 0:07.7 | we can have 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 | And the only way we do that is if you can rate and review and share this podcast. |
| 0:19.4 | So the single thing that I have to do is you can just leave a review, |
| 0:21.9 | but take you 10 seconds or one type of the thumb. |
| 0:23.9 | It would mean the absolute world to me. |
| 0:25.2 | And more importantly, it may change the world of someone else. |
| 0:28.1 | The objective of the game is to keep playing the game, |
| 0:30.4 | is to stay in the game and not quit. |
| 0:32.2 | Then you need to look at your business and think, |
| 0:34.0 | how can I make these customers more valuable? |
| 0:37.4 | And by extension, what do I need to do for them in order to make them more valuable? |
| 0:44.0 | The wealthiest people in the world see business as a game. |
| 0:46.3 | This podcast, the game, is my attempt at documenting the lessons I've learned on my way to |
| 0:49.6 | building acquisition.com into a billion dollar portfolio. |
| 0:52.4 | My hope is that you use the lessons to grow your business and maybe someday soon |
| 0:55.1 | partner with us to get $200 million in beyond. |
| 0:57.0 | I hope you share and enjoy. |
| 1:00.5 | Play whatever, have this conversation. |
| 1:02.4 | And it was basically that all of the gems that we've seen and we've worked with over a long time, |
... |
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