Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Alex Hormozi

๐Ÿ‘ค Speaker
44148 total appearances

Appearances Over Time

Podcast Appearances

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I'll just cobble some stuff together.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I'll get an outsourced developer, and we'll go sell the thing.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

The problem is the

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

this business looks identical to this business, the information business, until you have revenue retention.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Real.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So that becomes the priority in this business.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

I'm getting ahead of myself.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So I'll tell you how to do that in a second.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So let me tell you what sucks about this because I just told you, oh, the infinite scale, lots of money, huge enterprise value, lots of gross margins.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Why does it suck?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Very slow start.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Founders often quit early.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Very high burn in terms of cash before you start having money.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And even when you do make money, you're still burning more than you're making because...

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

because of how software works, because of its infinite scale, the vast majority of people are not willing to pay a lot of money for it.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

So if you think about how much even enterprise software costs, it might cost a few hundred thousand dollars a year, but compared to the expenses that an enterprise actually spends on other costs, it's nothing, right?

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

It feels high to the software company, but it's nothing compared to how much the enterprise actually spends.

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

And on the consumer level, the amount that you have to do to get $9 a month from a person, speaking from experience,

The Game with Alex Hormozi
How To Grow ANY Business Once You Know Its Shape | Ep 992

Now, the advantage is it can handle that volume