How to Make $1 Million Dollars Per Year | Ep 290

The Game with Alex Hormozi

Alex Hormozi

Education, Entrepreneurship, Business, How To

4.9 • 4.8K Ratings

🗓️ 8 April 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Money, Money, Money! Today, Alex (@AlexHormozi) talks about something everyone wants to hear: how to make a million dollars. He breaks down the simple math equation you need to follow in order to achieve this goal, and the actions you should start doing to get ahead of the game.

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:

(0:43) - Know units sold for goal. (realistic goals)

(1:54) - Math behind million dollars & customer lifetime value.

(3:30) - Examples of Lifetime Value and how to achieve it.

(7:11) - Follow math, set goals, understand LTV for million-dollar business.

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Transcript

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0:00.0	What's going on everybody?
0:01.0	I'm bringing some more books, but I wanted to say that if you haven't checked out $100
0:03.8	million offers, I would definitely suggest that you start there.
0:06.3	I've gotten some solid feedback and it couldn't be happier with this number one ranking
0:09.9	on Amazon for direct marketing and over 5,000 five star reviews.
0:13.8	So thank you guys so much for that.
0:15.2	It's 164 pages.
0:16.2	I really can help you out.
0:17.8	It takes about four hours to get through.
0:19.6	Check it out on Amazon.
0:20.6	The Kindle book is 99 cents.
0:22.5	The audiobook is as low as they'll let me put it on for it.
0:24.7	So I think it's 12 bucks.
0:26.2	So enjoy that and let's start the podcast.
0:29.6	It's easier to just over deliver like crazy for a client rather than trying to think
0:33.6	about like, how to make this scalable.
0:35.2	So you don't need to worry about that yet.
0:36.4	Like you need to just start making money.
0:37.7	Welcome to the game where we talk about how to get more customers, how to make more
0:40.5	customers, how to keep them longer and the many failures and lessons we have learned
0:43.8	along the way.
0:44.8	I hope you enjoy and subscribe.
	...

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