Alex Hormozi: 3 Ways to Make $10K Cash With No Ad Spend (In 30 Days Or Less)

Last updated: Jun 14, 2023

The video discusses three ways to make $10K cash with no ad spend in 30 days or less, and emphasizes the importance of prioritizing cash flow opportunities and threats over other business improvements.

This video by Alex Hormozi was published on Oct 1, 2020.
Video length: 13:19.

In this video, Alex Hormozi discusses how to generate cash flow quickly without spending money on advertising.

He emphasizes the importance of identifying cash flow opportunities and threats, and prioritizing actions accordingly.

He also suggests that coaches can help business owners identify the best opportunities to focus on, and shares three ways to make money fast by selling to existing customers.

  • Cash flow is crucial for a business to survive.
  • Coaches should prioritize cash flow opportunities and threats over other business improvements.
  • Three ways to make $10K cash with no ad spend in 30 days or less involve selling to existing customers.
  • A coach's role is to help businesses make money fast and sell to their existing customer base.
  • Prioritizing cash flow opportunities and threats can help businesses make money fast.
  • Examples of prioritizing cash flow opportunities and threats include offering a one-on-one nutrition accountability program and using quick text blasts.
  • Establishing recurring revenue and increasing retention can help improve cash flow.

3 Ways to Make $10K Cash With No Ad Spend (In 30 Days Or Less) [ALEX HORMOZI] - YouTube

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The Importance of Prioritizing Cash Flow Opportunities and Threats

  • Cash flow is like oxygen for a business.
  • Coaches need to prioritize cash flow opportunities and threats over other business improvements.
  • Opportunities and threats are more important than strengths and weaknesses.
  • Fixing culture or implementing a retention system is not a priority if the business is bleeding cash.
  • Opportunity cost is important in picking which opportunities to focus on.
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Three Ways to Make $10K Cash with No Ad Spend in 30 Days or Less

  • All three ways involve selling to existing customers.
  • The first way is to run a "reason why" campaign to three people.
  • The second way is to offer a one-on-one nutrition accountability program.
  • The third way is to offer a premium service or product to existing customers.
  • These methods can bring in an extra $15,000 a month with no ad spend.
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The Role of a Coach

  • A coach needs to prioritize cash flow opportunities and threats.
  • Experience matters in coaching because coaches have more plays in their arsenal.
  • Coaches need to pick which opportunities to focus on.
  • Coaches need to help businesses make money fast if they are bleeding cash.
  • Coaches need to help businesses sell to their existing customer base.
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3 Ways to Make $10K Cash With No Ad Spend (In 30 Days Or Less) [ALEX HORMOZI] - YouTube

Examples of Prioritizing Cash Flow Opportunities and Threats

  • Fixing culture is important but not a priority if the business is bleeding cash.
  • Implementing a retention system is important but not a priority if the business needs to make payroll in the next 30 days.
  • The biggest opportunity for a gym may be offering a one-on-one nutrition accountability program.
  • Opportunity cost is important in picking which opportunities to focus on.
  • Prioritizing cash flow opportunities and threats can help businesses make money fast.
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Three Ways to Make $10K Cash With No Ad Spend

  • Quick Text Blasts
    • Send a text blast to your existing customers offering a limited-time cash pop opportunity.
    • Limit the number of spots available to create urgency.
    • Offer a high-value service or product for a premium price.
    • Use cash pops to buy yourself time to make better judgments about your business.
  • Internal Play to Existing Customers
    • Create a challenge or boot camp for your existing customers.
    • Sell the challenge or boot camp to your customer base.
    • Offer additional services or upsells to increase revenue.
    • Make the challenge or boot camp free and upsell additional services for even more profit.
    • Use this method to establish recurring revenue and increase retention.
  • One-on-One Nutrition and Accountability
    • Offer one-on-one nutrition and accountability services to your existing customers.
    • Give everyone in your gym a free 28-day trial of the service.
    • Offer the service for a discounted price to those who continue after the trial.
    • Use this method to establish recurring revenue and increase retention.
    • Use the profit from this method to fix the processes that got you into a cash flow problem in the first place.
  • Send a text blast to your existing customers offering a limited-time cash pop opportunity.
  • Limit the number of spots available to create urgency.
  • Offer a high-value service or product for a premium price.
  • Use cash pops to buy yourself time to make better judgments about your business.
  • Create a challenge or boot camp for your existing customers.
  • Sell the challenge or boot camp to your customer base.
  • Offer additional services or upsells to increase revenue.
  • Make the challenge or boot camp free and upsell additional services for even more profit.
  • Use this method to establish recurring revenue and increase retention.
  • Offer one-on-one nutrition and accountability services to your existing customers.
  • Give everyone in your gym a free 28-day trial of the service.
  • Offer the service for a discounted price to those who continue after the trial.
  • Use this method to establish recurring revenue and increase retention.
  • Use the profit from this method to fix the processes that got you into a cash flow problem in the first place.
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Three Ways to Make $10K Cash With No Ad Spend

  • One-on-one nutrition accountability is a free money opportunity for gym owners.
  • When looking at your business, prioritize the opportunities that will make you the most money with the least amount of resources.
  • Don't get overwhelmed by the million plays that are out there, focus on the one that will make you the most money.
  • If you need cash tomorrow, do a paid in full text blast.
  • If you can wait two weeks to make the money, do an internal play.
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Prioritizing Cash Flow Opportunities

  • Cash flow is oxygen for your business, prioritize opportunities that will bring in cash flow.
  • Once you have cash flow, you can invest in things that will solve your problems.
  • Pay someone to help retain your customers so you don't have a term problem.
  • Wait 12 weeks and build a recurring revenue stream for long-term cash flow.
  • Don't be one of those who struggle, prioritize cash flow opportunities over other business improvements.

Watch the video on YouTube:
3 Ways to Make $10K Cash With No Ad Spend (In 30 Days Or Less) [ALEX HORMOZI] - YouTube

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