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๐Ÿ” Churn Checklist: Alex Hormoziโ€™s 14 Strategies ๐Ÿ’ช
People sign upโ€ฆ then they cancel. If you want growth, you need to keep members engaged. Hereโ€™s a 14-step checklist from Alex Hormozi to help you lower churn and keep people around. 1. Cancellation Video ๐ŸŽฅ๐Ÿšซ When someone clicks โ€œcancel,โ€ play a video explaining what theyโ€™ll miss. Sometimes a reminder of the value theyโ€™re leaving behind can make them reconsider. 2. Find the Activation Point ๐ŸŽ‰๐Ÿš€ The โ€œactivation pointโ€ is the first โ€œaha!โ€ moment. Identify what this is for your product and get members there fastโ€”first wins make lasting members. 3. Onboarding Calls โ˜Ž๏ธ๐Ÿ‘‹ Welcome new members with a call. This brief touchpoint makes them feel supported and less likely to cancel. 4. Time Unlock โณ๐Ÿ”“ Release content gradually to keep members coming back. Drip-feeding prevents overwhelm and encourages long-term engagement. 5. Level Unlock ๐ŸŽฎ๐Ÿ“ˆ Create levels with new perks or tools at each step. The sense of progress keeps members motivated and invested. 6. From Guru to Community ๐Ÿ‘ฅ๐Ÿ’ฌ Members might join for you, the โ€œguru,โ€ but keep them for the community. A space for connection fosters loyalty. 7. Encourage Pausing, Not Canceling ๐Ÿ’ต๐Ÿ’ธ Offer a โ€œpauseโ€ option instead of outright cancellation. Many people just need a breakโ€”not a full exit. 8. Smart Pricing Tactics ๐Ÿค‘๐Ÿ’ฐ Offer discounts for longer commitments. A smart pricing structure can be the difference between staying and canceling. 9. Build a Positive Culture ๐Ÿ†๐Ÿ”ฅ When members feel part of something bigger, theyโ€™re more likely to stay. Share success stories and celebrate wins. 10. Value-Pricing Balance โš–๏ธ๐Ÿ’ต Price to match value. Members who feel theyโ€™re getting a fair deal are more likely to stay. 11. Regular Community Calls ๐Ÿ—ฃ๏ธ๐Ÿ’ป Hold calls where members can ask questions, share wins, and get feedback. A connected community is a loyal one. 12. Target High-Retainers ๐ŸŽฏ๐Ÿ™Œ Analyze who stays longest and why. Target more of those typesโ€”quality over quantity pays off. 13. Reduce Overwhelm ๐Ÿ˜ต๐Ÿ“‰ Donโ€™t drown members in information. Simplify and provide value in stages to prevent churn.
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6 Revenue-Generating Skills for Entrepreneurs ๐Ÿš€
Which skill are you focusing on? ๐ŸŽฏ - ๐Ÿ’ผ Sales - ๐Ÿ“ˆ Digital Marketing - โœ๏ธ Copywriting - ๐Ÿ” SEO - ๐Ÿ“Š Data Analytics - ๐Ÿค– Artificial Intelligence (AI) Hereโ€™s a breakdown of 6 of the top revenue-generating skills for entrepreneurs: ๐Ÿ’ผ Sales Sales is the backbone of any business. Itโ€™s all about building trust and showing customers why they need what youโ€™re offering. Key Points: - Build Relationships: Customers buy from those they trust. - Know Your Product: Every question should have an answer. - Handle Objections: Show value, address doubts. Strong sales mean more revenue, plain and simple. If a business canโ€™t sell, it canโ€™t grow. ๐Ÿ“ˆ Digital Marketing In todayโ€™s world, digital is king. From social media to ads, digital marketing is how brands reach their audiences and keep them engaged. Key Points: - Social Media: Meet your audience where they are. - Email Marketing: Keep customers in the loop. - Paid Ads: Reach the right people with targeted ads. Digital marketing creates leads and drives sales, turning online strangers into loyal customers. โœ๏ธ Copywriting Copywriting is about using words to drive action. Whether itโ€™s a purchase, a sign-up, or a click, good copy makes it happen. Key Points: - Know Your Audience: Write for your readerโ€™s needs. - Keep It Simple: Clear, direct language wins. - Call to Action: Make the next step obvious. When done right, copywriting increases conversions and makes products more appealing, driving up revenue. ๐Ÿ” SEO (Search Engine Optimization) SEO ensures a business shows up when people search online. The higher the ranking, the more trafficโ€”and the more sales. Key Points: - Keywords: Know what people are searching for. - Content Creation: Create valuable content that answers questions. - Technical SEO: A fast, mobile-friendly site is essential. SEO brings in free, organic trafficโ€”customers who are already interested in what you offer. ๐Ÿ“Š Data Analytics Analytics turns data into insights, revealing patterns that help businesses make smarter decisions.
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๐Ÿ‘‰ Submit Your Weekly Update - October 28, 2024
Weekly Updates help you focus on what's important to keep you on track. Here are the instructions: To submit your Weekly Update, answer these questions in the comments. ๐Ÿ‘‡ Business ๐Ÿš€ 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 ๐ŸŽฏ 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? 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 ourย Weekly Open Office Hour, every Monday at 1 pm Las Vegas Time zone (PST) with Alexi Drouin, the $100M Coach. These weekly accountability post updates 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!!!" ๐Ÿ’ช Thank you. ๐Ÿ™
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๐Ÿ’ก What can you do now if you have less than $100K?
Cut expenses by avoiding dining out, buying new clothes, and attending costly social events. Focus on applying for better jobs and outperforming expectations.
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๐Ÿ’ก What can you do now if you have less than $100K?
Help Us Tell Skool That This Group Is Thriving!
Hi Everyone, Skool recently made a change to its discovery algorithm, which appears to lower the ranking of older, free, and public groups like โ€œAccelerator Universityโ€ compared to other Skool groups that are paid and private. I just wrote this post on the Skool Community to demonstrate that abandoned groups now rank above engaged communities like ours. "Why new algorithm ranks abandoned groups higher now?" https://www.skool.com/community/why-new-algorithm-ranks-abandoned-groups-higher-now/ If Accelerator University has positively impacted you, could you take a moment to comment on this post? Share how youโ€™ve benefited from our curriculum, enjoyed the community experience, and/or the personalized 1-on-1 Coaching. I understand Skoolโ€™s goal is to prioritize โ€œretentionโ€ over growth or engagement. However, this shift will impact older groups like Accelerator University, which has been actively serving members for many months. Please take a moment to click on the link above and tell Skool that the thriving community at Accelerator University is committed to quality discussions, meaningful human connections, and authentic member experiences. Thanks for supporting our mission! Alexi Drouin @Alexi Drouin @Boniface G- Michael @O R @Sascha Born @Stephanie Lewis @Christopher Wood @Momme Jรผrgensen @Jason Hopkinson @Todd Flagg @Ted Mauro @Luis Gomez @Anthony Fagan @Anton Nentchev @Tim Lรผpke @Michelle O'Loughlin @Omar Elgazzar @Leon Bechthold @Jose Carlos Zavarse @Anant K. @Abdul muswair Shaikh @Adnan Swaleheen @Patrick Lane @Jesรบs Ortuรฑo @Bilal Khan @Eug De Souza @Carmen Rojas @David Cerlin @Ve Muath @Sammy Diaz @Alejandro Bonilla @Nik Tivadar @Paula Venecia @Nikola Eminoski @Parker Chaney @Jess Abdulnour @Andrea Ramos @Angelica Alen @Roger D @Bushra Tentis @Alejandro Vargas @Luke McCarthy @Janik Attinger @Deir Clayborne @Jason Tierney @Cheryl Pearl @Noelle Russell @Thomas Dodds @Torsten Blass @Mislaine Jean @Amber Chen @Adrienne Potts @Luis Flores @Hadi Sulman @Gert Leroy @Brian Patterson @Deborah Culhane @Manuel Mรฉndez Brito @Samuel Leung @Sean Daly @Donnie Hoover @Brad Johnson @Johnny Vang @Heather Coffin @Nasima Begum @Maxi Yang
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Accelerator University
skool.com/acceleratoruniversity
Leila and Alex Hormoziโ€™s videos curated into a Business Accelerator to earn a Master of Business Acquisition (MBA)
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