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Owned by Matthew

My Code Career

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Learn how to get more promotions, land more job offers, and make more money.

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The Skool Games

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Hormozi Community

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Skool Community

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7 contributions to Hormozi Community
8.5x Improvement in LTV:CAC 🤯
I had been running my coaching business for 2 years without really making any money. I couldn't figure it out, I keep investing in programs to add different traffic funnels or sales improvements. I was selling high ticket but it seemed like I was just loosing money. Finally @Alex Hormozi made it into my feed. I started tracking my LTV:CAC ratio and realized that for the last year my average was 0.9 😭 It was the wake up call I needed and finally a metric that had a tangible impact on my cash flow. Over the last month I went on a tear cutting costs and revamping my offering around Skool. In the first 2 weeks of September my LTV:CAC is now 7.7 👀 The crazy thing is I'm selling a lower ticket item and honestly just doing way less. It goes to show how much crap I was doing before that I thought was helping that just wasn't. Now I know what actions ACTUALLY improve my business. Time to crank it 💪
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New comment 2d ago
1 like • 2d
@Omri Iram honestly, severe cost cutting. I was doing a lot of things because I thought I needed to but never fully vetted the impact to bottom line.
Networking
Hi Everyone! I wanted to create a post in the community where members can connect with each other but within some sort of structure and/or guidance. Since, Skool does not allow us to create group chats, I am creating this post to connect two or more members together with similar skills or interest. Another area of could be by country or by business type. Feel free to write a comment that says. 'Hey, I from [Country], if anyone wants to connect. Please use this post respectfully and within the confine of our Community Guidelines but I am hoping this post can create some meaningful connections. Thank you.
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New comment 7d ago
1 like • 7d
@Alexi Drouin Thanks for the connection! @Parker Chaney nice to get connected. Let me send you a DM!
0 likes • 7d
@Alexi Drouin Thanks for the connection! @Jose Carlos Zavarse nice to get connected, Let me send you a DM.
How can working harder now speed up wealth?
You only need to get rich once. So you might as well work as hard as you can to get it done as fast as you can. https://x.com/alexhormozi/status/1824226243576992237
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New comment Aug 16
How can working harder now speed up wealth?
3 likes • Aug 16
This is something I keep reminding myself when I see peers enjoying hobbies that I also like while I'm grinding. I don't want a standard life, so I can't take the standard path.
1 like • Aug 16
@Patrice Simoneau 💯
Alex Hormozi's 6 steps to building a personal or business brand 🌟
This is how you go from unknown to unforgettable... 1. Identify Audience 🎯 To clearly identify and define your target audience to guide every subsequent action. • Demographics & Psychographics • Market Size & Growth Potential • Ease of Targeting • Needs 2. Understand Needs 💡 To resonate with your audience, you have to understand what they need and desire deeply. • Research & Insights • Competitive Analysis • Target Profiling • Emotional Drivers 3. Create Content ✍️ Create compelling, relevant content that speaks directly to your audience’s needs. • Content Strategy • Value Proposition • Quality & Consistency • Engagement 4. Advertise Consistently 📢 Ensures your content reaches a broader audience, creating awareness driving traffic. • Channels • Budgeting • Targeting • A/B Testing 5. Deliver Quality 🛍 To deliver on your promises with exceptional products or services for a positive experience. • Product Development • Customer Service • Feedback Loop • Consistency 6. Build Associations 🔄 Strengthen your brand by creating positive associations in the minds of your customers. • Brand Story • Partnerships • Emotional Connection • Reinforcement What’s your focus for building your brand? 🎯 + 💡 + ✍️ + 📢 + 🛍 + 🔄 = 🌟 P.S. If you are on LinkedIn, please repost this ♻️ for your network. https://www.linkedin.com/posts/alexidrouin_alex-hormozi-s-6-steps-to-a-personal-or-activity-7229838728729354240-h_i0?utm_source=share&utm_medium=member_desktop Thank you!
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New comment 7d ago
Alex Hormozi's 6 steps to building a personal or business brand 🌟
2 likes • Aug 15
Creating content consistency is definitely my biggest struggle.
0 likes • Aug 15
@Torsten Blass right now i just focus on LinkedIn and have a cold outreach funnel that works pretty well. So I find it hard to prioritize content generation as well since it is a longer term play and it’s hard to see results in the short term.
👉 Submit Your Weekly Update - July 22, 2024
Weekly Updates help you focus on what's important and keep your business on track. Here are the instructions: To submit your Weekly Update, answer the questions below in a comment directly on this post. 👇 Business 🚀 Are you launched? If not, when? If yes, how many customers do you have? What's your Monthly Recurring Revenue (MRR)? What is your target market (niche audience)? How many customers have you talked to last week? What have you learned from them? Goals 🎯 What's your #1 quarterly goal? What's your Primary Metric (KPI)? What most improved your metrics? Why? What was this week's biggest obstacle? On a scale of 1-10, what is your morale? What are your top 1-3 goals for the next week? In short, tell us what you will or have implemented and the lesson that inspired you to do so. 👍 This post will allow you to publicly declare the goals you have for the week in the comments. In next week's update, you'll be able to state what goals you have completed and set new goals. If you submit your Weekly Update by Thursday, we'll like and/or reply your comment by the end of the week. You can also join our Weekly Open Office Hour, every Monday at 1 pm Las Vegas Timezone (PST). This weekly accountability post update will help you launch and scale your business faster. This group will keep you accountable. We will help each other achieve our goals together. So, please take a minute to read and like other comments and congratulate each other. Then, as Alex Hormozi says, go... "DO THE WORK!!!" 💪 Thank you. 🙏
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New comment Jul 28
5 likes • Jul 25
Main goal is to update my LTV and CAC numbers and make that easier to keep up to date to make sure I’m driving improvements on that ratio.
2 likes • Jul 26
@Boniface G- Michael thanks! The ratio isn’t good right now but at least i know it and it is slowly improving.
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Matthew Sevey
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39points to level up
@matthew-sevey
Founder of MyCodeCareer

Active 6h ago
Joined May 17, 2024
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