The Pie Equation | Ep 254

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 27 November 2020

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This is my most used equation in business. Today, Alex (@AlexHormozi) talks about the one equation you must know to fully understand where your business stands, the lifetime value of your customers, and where you'll cap.

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:

(1:55) - The number one equation Alex uses the most in all of business

(4:58) - The Pie Equation helps make quick calculations to know where you're at

(9:10) - The importance of using all three variations of the equation & The Golden Ratio

(12:48) - The quick recap of The Pie Equation and the last way to use it

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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 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	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.
0:25.2	More importantly, it may change the world of someone else.
0:28.4	It is the sweetest equation ever.
0:30.9	I love it.
0:32.4	Welcome to the game where we talk about how to get more customers,
0:34.7	how to make more customers, how to keep them longer.
0:36.7	In the many failures and lessons we have learned along the way.
0:39.2	I hope you enjoy and subscribe.
0:41.4	What's going on everyone?
0:42.3	I've got a super special podcast,
0:44.4	such video for you today.
0:46.4	What I want to talk to you about is how to answer the hardest questions in business
0:51.5	using one math equation that only has three variables.
0:54.4	All right, and don't worry, it's like it'll be worth it.
0:57.2	This is the number one equation that I use in my entire life.
	...

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