EPISODE · Nov 16, 2021 · 14 MIN
You will stay poor if you don't understand this equation | Ep 345
from The Game with Alex Hormozi
You need math people! Today, Alex (@AlexHormozi) talks about the two most valuable equations you need, why you need math when doing business, having high-quality data, and how these will help you make important decisions for the 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:(0:29) - Understanding basic business equations(1:05) - Exploring the fundamental equation of business(2:45) - Calculating lifetime gross profit per customer(4:05) - Case study: analyzing a marketing agency's business model(7:04) - The power of knowing your numbers(12:37) - Advanced strategies for business growth and cash flowFollow Alex Hormozi’s Socials:LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
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You will stay poor if you don't understand this equation | Ep 345
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