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It all boils down to how you can push more through this machine. Today, Alex (@AlexHormozi) talks about understanding what you think is considered “good enough” for your business growth, the drivers that actually help you work towards that growth, and when is the right time to step on the gas for your business to move forward.
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:
(1:27) - When it comes to growth, there are also certain realities that you have to face. Also, a bottleneck that Alex faced and a trap he fell into was not pushing on the gas soon enough
(5:10) - There are “knobs” that help you move towards growth: What am I making for the first 30 days? What is the price for my ongoing service? What is my conversion front to back end? What is my churn on my backend service?
(7:46) - After assessing the knobs, determine which of them has the biggest impact in six months and what to do with the remainder of the rest
(11:54) - It all boils down to how can you push more through this machine. Keep in mind at some point you also have to know when it’s good enough in order to start stepping on the gas and bumping up your spending to see what breaks
(14:02) - Alex shares with us some guide questions and an exercise to check your knobs and if you’re on the right track. This will help you see when it’s good enough to move forward
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