Description
In this short episode of the Ambitous Lifestyle Business podcast, John Lamerton looks at an accountant using direct mail to acquire clients with a Lifetime Value of £20,000 - for just £91.
John shares the LTV > CAC formula from his forthcoming book Retention First (due out in 2025), and explains why you should focus on increasing Lifetime Value, NOT reducing Customer Acquisition Cost.
You've got to choose one or the other - you've either got to be the BIGGEST (in which case you HAVE to beat all rivals, else you WILL lose)...
Or, you can be the ONLY - in which case, no one can compete with you - and you're guaranteed to win.
In today's solo episode of the Ambitious Lifestyle...
Published 11/24/24
Charlie Munger advised us to "make friends with the eminent dead".
Sadly, Charlie is no longer with us, and is one of those "eminent dead" himself.
In today's solo episode of the Ambitious Lifestyle Business podcast, John Lamerton, author of Big Ideas.. for Small Businesses introduces us to...
Published 11/17/24