How To Make Money Forever | Ep 469

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 6 December 2022

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Make it harder for them to leave. Today, Alex (@AlexHormozi) shares with us one of the biggest problems people face when it comes to growing their business, some lessons that will help you avoid spending recklessly, and why we shouldn’t keep on creating new things in order to make more money.

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:

(2:05) - Be in the reorder business, not the selling business.

(3:33) - is there a way that we can get someone to buy this and never stop paying for it?

(5:26) - If given the chance, how would you restructure your customer’s experience?

(6:59) - The point of making the first sales is to get customers

(10:29) - The person who controls the money has leverage

(11:20) - Everyone misses is that actual improvement loop in their business

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Transcript

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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.
0:21.9	I'll take you 10 seconds or one type of the thumb.
0:23.9	It would mean the absolute world to me.
0:25.3	More importantly, it may change the world of someone else.
0:28.1	So the big issue is that the stuff that most people sell sucks.
0:31.2	Right? And so they're constantly focused on promotion.
0:33.2	They're constantly trying to find the next customer, but they're going to have
0:35.2	confronted the real issue is that you're just not that good.
0:38.0	Right? And that's okay.
0:39.3	But the problem is that you're not focusing on the hard work which is getting better.
0:44.2	The wealthiest people in the world see business as a game.
0:46.5	This podcast, the game, is my attempt at documenting the lessons I've learned on my way to
0:49.9	building acquisition.com into a billion dollar portfolio.
0:52.5	My hope is that you use the lessons to grow your business and maybe someday soon
0:55.2	partner with us to get to $100 million in the art.
0:57.2	I hope you share and enjoy.
1:00.2	If you understand the steps that I'm about to share with you,
	...

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