Life of a Business Owner

Business fundamentals

There are three fundamental elements of business:

  1. The ability to attract peoples attention
  2. The ability to convert attention into transactions
  3. The ability to keep customers as long as possible and to sell to them repeatedly resulting in high LTV

Those who have mastered the first two skills can earn good money quickly. Those who master the 3rd skill, in addition, can create multi-billion dollar empires.

Leave a Reply

Your email address will not be published. Required fields are marked *