UNDERSTANDING REAL COSTS, OPPORTUNITY COSTS, AND REAL BENEFIT* DAILY CASH FLOW VS PROJECTED (and how to turn what you want into what you got). | Ep 42

UNDERSTANDING REAL COSTS, OPPORTUNITY COSTS, AND REAL BENEFIT* DAILY CASH FLOW VS PROJECTED (and how to turn what you want into what you got). | Ep 42

"It's just a question of distraction versus focusing on the thing that makes you money." Today, Alex (@AlexHormozi) discusses the factors behind the decision to turn down a $50,000 offer. He breaks down the real and opportunity costs of time and how they relate to valuing one's time and making efficient business decisions. 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: (0:50) - Better explanations help more people. (3:27) - Costs of accepting offer: real and opportunity. (4:01) - Less efficient time use, need for customization. (5:07) - Generating more income from main business focus. (6:40) - Considering real income, projected income, market valuation. (7:14) - Distraction vs. focus on revenue-generating business. Follow Alex Hormozi’s Socials: LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

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Episoder(1155)

Every Business Owner Should Watch This | Ep 1006

Every Business Owner Should Watch This | Ep 1006

Download your free personalized $100M scaling roadmap in under 30 seconds: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube   Husee's father built a dental practice over 30 y...

8 Okt 27min

How to Make Money With Social Media (My Exact Playbook) | Ep 1005

How to Make Money With Social Media (My Exact Playbook) | Ep 1005

Get your personalized $100M scaling roadmap: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube      Algorithms reward what most people like instead of what your best buyers ne...

6 Okt 10min

How I Would Build a $10M Service Business (If I Had to Start Over) | Ep 1004

How I Would Build a $10M Service Business (If I Had to Start Over) | Ep 1004

Download your free personalized $100M scaling roadmap in under 30 seconds: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube   Kaleb's roofing company was doing $20K a month a...

1 Okt 19min

A Video to Watch if You're Ambitious and in Your 20s or 30s | Ep 1003

A Video to Watch if You're Ambitious and in Your 20s or 30s | Ep 1003

Download your free personalized $100M scaling roadmap in under 30 seconds: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube   One of the most tragic things in life is to ...

29 Sep 8min

How to Price a Service Business So It Actually Makes Money | Ep 1002

How to Price a Service Business So It Actually Makes Money | Ep 1002

Download your free personalized $100M scaling roadmap in under 30 seconds: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube   Joey Goone runs Utopia Experience, a St. Louis e...

25 Sep 29min

Get Rich While You Are Young | Ep 1001

Get Rich While You Are Young | Ep 1001

Book Your Spot at the 2-Day, Interactive Scaling Workshop in Las Vegas: https://www.acquisition.com/o-vegas A dollar invested at 25 might be $90 by the time you're 70. The same dollar invested at 45...

22 Sep 9min

How I'd Turn One Event Into $2.5 Million | Ep 1000

How I'd Turn One Event Into $2.5 Million | Ep 1000

Download your free personalized $100M scaling roadmap in under 30 seconds: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube      Dr. Zyad bought an 18-year-old concierge medi...

17 Sep 26min

The X Factor: Why Dolly Parton Was Impossible to Ignore | Ep 999

The X Factor: Why Dolly Parton Was Impossible to Ignore | Ep 999

Download your free personalized $100M scaling roadmap in under 30 seconds: https://www.acquisition.com/roadmap?el=yt-alex-486r&htrafficsource=youtube      In a world where anyone can make content ...

15 Sep 13min

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