The Game w/ Alex Hormozi

Two words: Lifetime Value. Today, Alex (@AlexHormozi) breaks down a simple exercise that will help you find where you should be placing your energy on in order for you to open more opportunities for growth in your business.

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:

(1:31) - There are 2 ways to grow a business, one of them is through Acquisition. Alex shares some sub-factors under this type of business growth

(4:13) - The backside of business is through increase, specifically customer LTV

(7:22) - Here are 5 ways to increase the backend of a business: increasing the price, decreasing the cost, resells, cross-sells, and upsells

(11:36) - At the end of the day if you're trying to grow your business, the point of doing an exercise like this is not to feel overwhelmed but to feel clarity

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The Simple Exercise You Can Do TODAY, to Find Your Biggest Opportunity for Growth | Ep 277