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Building a $2,500,000 Business for a Stranger in 36 Minutes

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Building a $2,500,000 Business for a Stranger in 36 Minutes

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1381 segments

0:00

This is Corey. Corey runs an HVAC

0:01

business with his wife doing over $1.2

0:02

million per year in revenue. But, number

0:04

one, that $1.2 million isn't all profit.

0:07

And number two, he has $60,000 in debt

0:10

that he wants to get rid of. I'm Alex

0:11

Hormozi. I own acquisition.com, which is

0:13

a portfolio of companies that did over

0:14

$250 million last year in aggregate

0:16

revenue. We have several service-based

0:17

businesses in our portfolio, so I've

0:18

done a lot of thinking about [music] the

0:19

problems that Corey's dealing with. And

0:21

so, first we're going to deep dive in

0:22

the business, and then we're going to

0:23

break down all the tactics that he and

0:25

you can use [music] to scale. And at the

0:26

end, we're going to check in with Corey

0:28

1 year later

0:29

>> Originally, we were doing about 1.25

0:31

million in sales. Currently,

0:33

>> see if the tactics actually helped him

0:34

scale his business. So, let's meet

0:35

[music] Corey.

0:36

>> What's going on, Alex? My name's Corey.

0:38

>> What's up?

0:39

>> I own Proshine Professional Cleaning

0:40

with my wife, Nicole. We are an HVAC

0:42

cleaning and ductwork repair company.

0:45

>> What are the problems you're trying to

0:45

solve?

0:46

>> So, right now, we're allocating about

0:47

10% of our profit going towards paying

0:50

off some of our debt.

0:51

>> How much debt you got?

0:51

>> It's about 60,000.

0:53

>> Okay.

0:53

>> And then, lead generation. We're trying

0:55

to get higher quantity of leads, and

0:57

also leads that are higher value

1:00

clients.

1:00

>> [music]

1:01

>> On the bottom of that is just our like

1:02

really just help our client with our

1:04

booking process. I think that we can

1:05

streamline it a little bit better, make

1:07

it easier on them, and then also not

1:09

lose out on the possibilities of upsells

1:12

or anything like that throughout that

1:13

process.

1:14

>> Why is solving this important? What

1:15

happens if you don't fix this?

1:17

>> First and foremost, we're a people

1:18

company. So, we really go out in the

1:19

community and just do the right thing.

1:21

And I'm grateful to have guys on my team

1:23

that really share that goal. It makes

1:24

our life a lot easier. [music] That's

1:26

why it's important to us, so we can help

1:27

more people, and then also grow our

1:28

business.

1:29

>> All right. Awesome. Okay, so how do you

1:30

make money?

1:31

>> This is actually where Proshine's a

1:32

little bit unique. For our HVAC

1:33

cleaning, full-in price for us is 1575

1:36

per HVAC unit.

1:37

Each house we do has about two units.

1:39

So, with that 1575, we have a 2-year

1:42

growth-free guarantee. What that is is

1:44

when we come out, we make sure that

1:46

we're disinfecting that ductwork

1:48

properly, killing any kind of bacterial

1:49

growth. So, clients love having that

1:51

guarantee in place, so that they don't

1:53

have to worry about it in the future.

1:54

And then we have ductwork re-wrapping,

1:55

which is pretty much replacing the old

1:57

installation, and then also our dryer

1:59

vent cleaning, which is $175.

2:01

>> Do you show customers pictures of the

2:04

inside of their vents?

2:05

>> [music]

2:05

>> Yep, absolutely.

2:06

>> Yeah, I would think.

2:06

>> So, actually we have a customer profile,

2:08

so they can access any point in time.

2:09

So, if they want to sell their home,

2:11

they can use it as an advantage for

2:12

them.

2:13

>> I like that.

2:14

Where do you get your customers?

2:15

>> All right, so we have a couple of

2:16

different channels. Um, 60% come from

2:18

paid ads. 3,000 a month go from Google.

2:21

Uh, we actually just up that a couple

2:22

days ago to 5,000. And then also 650

2:25

from Facebook. Facebook is very new for

2:27

us. We just started the last 2 weeks.

2:29

Then 15% of our job flow comes from

2:31

local SEO, which is a third-party

2:33

company. And then affiliates and

2:35

referrals are a very big portion for us

2:37

because we are partnered with a lot of

2:39

HVAC companies in our area. One of them

2:41

actually sends us about 30K a month. So,

2:43

we really just want to replicate what

2:45

they have going on and then share that

2:47

with our other partners.

2:48

>> So, what's the advantage to that

2:49

affiliate sending you the 30,000 a

2:51

month?

2:51

>> We actually send them back roughly 40 to

2:53

45,000 because they have higher ticket

2:56

items. So, when they go in, they're

2:57

doing full replacements, where we're

2:58

doing some patch work and some cleaning.

3:00

Say they send us 20 uh leads, we'll send

3:03

them maybe four or five, but they make

3:05

double what we would send.

3:06

>> So, Corey has a unique affiliate

3:08

strategy, which is that he purposely

3:10

limits his own services so that he

3:12

doesn't compete with other businesses in

3:15

his quote space. And so, he refers them

3:17

the high-ticket business, but then they

3:19

refer him some percentage of their

3:21

business. But, the beauty of this model

3:23

is that he's able to do this with tons

3:26

of high-ticket providers so that he has

3:28

almost limitless lead flow of people

3:30

coming towards him basically for free.

3:32

>> So, give me whatever other numbers you

3:34

think I should know.

3:34

>> Our numbers right now, 1.25 million over

3:37

the last 12 months. Profit on that is

3:39

479,000.

3:41

Uh, our net margin is 38%. So, our

3:43

marketing spend right now is just under

3:45

7,200 as far as our marketing strategy

3:47

altogether. Our show rate actually,

3:49

funny enough, is 99% because it's the 1%

3:52

that the client just happens to not be

3:53

home where they forgot about our

3:54

appointment. And then our close rate is

3:56

82%.

3:57

>> If we double the lead flow of the

3:59

business, can you handle that?

4:01

>> Yes. So, actually we just hired on two

4:03

more employees and we just got a third

4:05

van.

4:05

>> Right off the bat in every business, I

4:07

think the first problem I try to

4:08

delineate is this is a supply

4:09

constrained business or a demand

4:10

constrained business. Meaning, if we can

4:12

double the lead flow and they can handle

4:14

it, then it's a demand constrained

4:15

business. If we double the lead flow and

4:16

they can't handle it, then it means that

4:17

we got to go build the resources and

4:19

infrastructure to be able to handle a

4:21

doubling lead flow in the future. And I

4:23

think this is such a common thing that I

4:24

see with business owners, they're trying

4:26

to fix a problem that's already a

4:28

problem that if you fix it, makes your

4:29

existing problem worse.

4:31

>> I got a a bunch of notes. I think we

4:32

might be able to help you get more

4:34

people, more impact, and more clean air.

4:35

>> I'm talking about.

4:36

>> All right, let's do it.

4:37

>> There's nothing majorly wrong. And so,

4:39

that's the good news. And obviously, you

4:40

have 38% margins are growing. The last

4:41

thing I want to do is like break

4:42

something.

4:43

>> Right.

4:43

>> And so, I think this is going to be a

4:45

game of incremental improvement.

4:47

>> Right.

4:47

>> Like no Hail Marys. This is just

4:48

consistent yardage.

4:49

>> Trust the process, right?

4:50

>> Yes. Number one, I think that there's

4:53

actually still some more room for

4:54

pricing. Number two,

4:56

>> Wait, let's talk about the debt.

4:58

>> Number three,

4:58

>> Talk about the affiliate piece.

5:00

>> Okay.

5:03

>> Four, we'll go funnel conversion rate

5:05

optimization.

5:07

Then five, we'll go ads.

5:09

>> Perfect.

5:10

>> Uh six,

5:11

reactivation

5:13

emails.

5:13

>> Mhm.

5:14

>> Corey's at stage five on the $100

5:16

million scaling road map. He's at

5:17

productize. So, he's got 10 to 19 people

5:19

working the business. She's got maybe

5:21

two or three people in the business that

5:22

are kind of like manager leaders that

5:23

are running this thing. Now, some of the

5:25

issues that he's dealing with is that

5:26

customers are having nothing else to buy

5:28

and churn. We have to figure out how we

5:29

can get more repeat business for the

5:30

business. His qualified leads are too

5:32

expensive and cap your ability to

5:34

advertise. And so, what we're doing is

5:35

we're trying to improve the throughput

5:38

on his existing advertising process so

5:39

that he can get more leads because he

5:41

can handle more leads. We're creating

5:43

more sales materials, tweaking pricing,

5:45

sales process, creating a CS playbook.

5:47

All of this stuff is the things that

5:48

happen all the time at the product tie

5:50

stage. And so if you're like, "Shoot,

5:52

that's almost exactly what he's going

5:54

through." That's because businesses

5:56

behave in patterns. And so if you're not

5:59

sure what stage of business you're at,

6:01

um this scaling your map is 100% free.

6:03

You can go and get it at

6:04

acquisition.com/roadmap

6:06

and put in your business details. And on

6:09

the thank you page, if you would like

6:10

our help actually helping you

6:12

debottleneck these things, kind of like

6:13

what I'm doing with Corey here in person

6:14

at my headquarters, on the thank you

6:16

page just schedule a call. My team would

6:17

love to have a conversation with you.

6:18

Worst case scenario, we provide value.

6:20

Best case, we'll see out here in Vegas.

6:21

So first things first, the price. So you

6:23

did a 23% price increase after the first

6:26

time we talked to you. Okay. And so that

6:27

resulted in a higher close rate and more

6:29

money.

6:29

>> Right.

6:30

>> Wonderful.

6:30

>> So Corey had actually come to one of our

6:32

workshops at acquisition.com earlier and

6:34

we had made this first initial

6:36

suggestion, which is like, "Hey, bump

6:37

your prices."

6:38

And he obviously saw a big improvement,

6:40

right? He was able to charge more and

6:43

close more. And the reason we made that

6:45

recommendation is because we looked at,

6:46

you know, businesses in that space and

6:48

we're like, "We think you're mispriced."

6:49

Some people may be like, "How could you

6:50

raise prices and close more?" Well, let

6:52

me explain. There's two scenarios where

6:54

this could be true. One is something

6:56

called a Veblen good, which in economic

6:58

terms is usually like a high-end luxury

7:00

item. So like a Rolex, sometimes if

7:01

something goes up in price, it becomes

7:03

more sought after. That's not what

7:05

happens for Corey cuz he's in the other

7:06

bucket, right? No one's like bragging at

7:08

their Rotary Club about how much they

7:09

spent on their H vac. So instead what

7:12

happens is that if you have what I would

7:13

consider a normal business providing a

7:15

normal service or product, if you raise

7:16

your prices, what sometimes happens is

7:18

that the conviction of the customer that

7:19

you can actually deliver on the promise

7:21

you're making goes up. And so on the

7:23

value equation, which I talk talk about

7:24

in this book, it actually increases the

7:27

perceived likelihood of achievement. So

7:29

by raising the price, we actually

7:31

increase the value. And this is why I

7:33

talk about charging premium prices. Page

7:35

48 in the Offers book, I talk about the

7:37

virtuous cycle of pricing. And so So

7:40

happens is if you raise your price, you

7:42

increase the emotional investment, you

7:43

increase the perceived value, you

7:44

increase the results, and you decrease

7:47

the demandingness of the customer. You

7:48

get more money to actually deliver. And

7:50

so what happens is a lot of times people

7:52

will just try and like uh they're so

7:54

afraid of charging money that they

7:55

actually sell themselves out of a sale

7:57

because it's so low price that they're

7:59

like, "Gosh, this guy seems like a run,

8:01

you know, uh super seedy duct tape

8:03

operation." Right? And so many of you,

8:06

especially newer business owners, I'd

8:08

say like sub call it three sometimes

8:10

five million in revenue, some of the

8:12

biggest levers that exist in the

8:13

business is simply charging more because

8:15

people actually believe you can deliver

8:16

the service now.

8:17

>> So whenever I hear 80% or over 80% close

8:19

rates, I usually know that there's room

8:21

in sale. Basically, what I penciled out

8:23

was a 10% price raise. This is more

8:25

asking than telling. We would have to

8:26

believe that we're not going to drop to

8:28

65%. As long as we close more than 65%,

8:31

we make more money. Thing is is that 10%

8:33

price raise for you equals roughly a 25%

8:36

increase in net profit.

8:37

>> Right.

8:37

>> So that'd be roughly a hundred plus

8:39

thousand a year. And that's at last

8:41

year's volume and profit. So that's

8:42

number one. Does that sound something

8:44

like something that you could stomach or

8:45

not?

8:46

>> Yeah, 100%.

8:47

>> So the second thing is how fast you plan

8:49

on paying off the 60K debt that you

8:50

have.

8:51

>> We are planning to pay off completely in

8:53

the next four to five months.

8:54

>> Okay, good. That's one of those things

8:55

that like I'd say this is more of an

8:57

emotional thing, but it's just this back

8:59

of mind thing. If there's a a range of

9:01

like Dave Ramsey and then like, you

9:03

know, Wall Street,

9:04

>> [laughter]

9:05

>> I tend to skew like very close to the

9:06

Ramsey side and the single argument that

9:09

I have around it is basically debt

9:10

increases risk.

9:12

>> Mhm.

9:12

>> Risk when multiplied over a long time

9:13

horizon tends to come due. And so

9:16

[music] like businesses have seasons,

9:17

they have volatility, and why did I take

9:19

the, you know, the debt out to begin

9:21

with? A lot of times it's like cuz I

9:22

wanted to grow faster. You know what I

9:23

mean? If you look at some of the most

9:25

enduring companies, a lot of like

9:26

Chick-fil-A operate debt free.

9:27

Let's do ad stuff first and then I'll

9:28

circle back to affiliates. So let's pull

9:30

up the the page that the Google ads are

9:33

going to. Right now, this is where the

9:35

ads are going, right? Now, what most

9:36

people are probably doing is they're

9:38

clicking the button on the top right if

9:39

they're desktop or if they're mobile,

9:40

they're probably clicking the button

9:42

right there. It's almost like having two

9:43

landing pages in a row. And so, you

9:45

might know this, but like typically

9:46

you'll lose about 50%. Yeah, by like

9:48

half. Just for every step you add, it's

9:51

usually about half or more that you

9:53

lose. Can you shrink that to mobile just

9:54

so I can see what it looks like on

9:55

mobile?

9:56

Okay. That looks

9:59

a little better. But, what I'd want to

10:00

do is like I want that to just be a

10:02

headline. I don't think the ProShine

10:04

etc. stuff at the Like, see how it's

10:06

kind of like messy? I think there's a

10:07

lot of stuff going on. So, I tend to

10:08

just either really shrink the logo so

10:10

it's like a very small because it's

10:12

literally the prime real estate is

10:13

everything that's above this fold. And

10:14

the first thing someone sees is the top,

10:16

which right now is like a lot of blank

10:17

space.

10:18

So, I would probably wipe that, probably

10:20

that button, so it's just the hamburger

10:21

menu and the ProShine. That'll massively

10:23

shrink the top bar. You have the home

10:25

and then the site nav. You can drop

10:27

that. We want to basically build a

10:28

specific lander for ads, which isn't the

10:31

home page because this page is serves

10:32

one function, which is conversion. We

10:34

actually don't see an offer. Keep

10:35

scrolling. Yeah. And so, this is

10:36

actually where the conversion happens.

10:38

So, we're we're losing a ton of traffic.

10:40

>> to the top bar.

10:41

>> Oh, yeah. The basic level of this is

10:42

like let's just have this offer clear

10:44

and then eliminate all the other stuff

10:46

on the [music] page, basically. So,

10:48

let's go to the ads real quick. I think

10:49

the the one takeaway that I have there

10:51

is you have more opportunity to spend.

10:52

>> Absolutely.

10:53

>> So, like I think that at the very least

10:55

we'd be like, we just want to continue

10:57

to spend month over month provided our

10:59

ROAS and our CAC stay more or less the

11:00

same. And the fact that you're already

11:02

at 13:1 up front and that's with like

11:03

what I would consider like a pretty

11:04

unoptimized page. Like, that might

11:07

double to like 26 the changes that we do

11:09

in the funnel. You might be able to go

11:11

from like 5,000 like 30,000 a month in

11:12

spend.

11:13

>> Right.

11:13

>> Which would be sweet, right?

11:15

>> So, let me ask you a question. If for

11:17

every dollar you gave me, I gave you $5

11:19

back,

11:21

what would your budget of dollars that

11:22

you'd give me be? If you answer that

11:23

correctly, the answer would be as many

11:25

dollars as you possibly could. And then

11:26

once I give you more dollars back, you

11:28

take those more dollars and give those

11:29

more dollars to me and then I give you

11:30

more more dollars back. And

11:32

fundamentally, that's how good

11:33

advertising should work. And so, what's

11:34

interesting is that there's a lot of

11:35

businesses that you're probably seeing

11:36

multiple on this show where you'll see

11:39

somebody getting 10:1, 20:1, 30:1, and

11:41

they're spending $1,000 a month, and

11:43

it's like, why are we not spending

11:44

$2,000 a month or $5,000 a month? Now,

11:46

if you're not sure, then you have a data

11:48

problem. So, you got to go make sure the

11:49

attribution's right. But, if you know

11:50

that's where the money's coming from, by

11:52

all means, spend more. And I know that

11:54

there's like some emotional, you know,

11:56

barriers cuz I've gone through them

11:57

where you're like, "Oh my god, I can't

11:58

believe I'm spending $1,000 a day." Cuz

12:00

you feel like you're getting $1,000

12:01

poorer, and you're like risking it. But,

12:02

the thing is is that if you already know

12:04

based on past metrics and the existing

12:06

campaigns that you're running that you

12:07

get this expected return, then this is

12:09

just part of leveling up in business is

12:10

that you take greater and greater risk,

12:12

and at the same time, you get greater

12:13

and greater rewards. Okay. So, let's go

12:15

Facebook ads. All right. So, the good

12:18

news is that you got ads up.

12:20

>> Yeah, right.

12:21

>> The way that I would try and look at

12:23

these is that most times when people

12:25

make ads, especially the creative

12:26

people, they'll use Canva or whatever.

12:28

And they're making it on their [music]

12:29

desktop. But, the thing is is that the

12:31

way that you need to see it, and the way

12:32

that your CMO should look at it, you

12:33

should literally text She should text

12:35

you the image of the ad cuz it's going

12:36

to be about as big as it's going to be

12:38

on someone's phone on social. Can't even

12:40

see visit our website. You can't see

12:42

that little You can't even You can

12:43

barely read it now. Right? You can't see

12:45

the number. You're not going to be able

12:46

to read that. That's the checkpoint

12:47

thing. So, you can't see that either.

12:49

All we really see is picture of you and

12:51

your wife

12:52

>> Yep.

12:52

>> and Air Duct and Dryer Vent Cleaning

12:54

Experts. That's actually the only thing

12:55

that we're seeing. I'll bet you, I don't

12:57

know, but I'll bet you that's the

12:58

highest converting.

12:58

>> Absolutely.

12:59

>> Yeah. So,

13:00

>> [laughter]

13:01

>> So, and that's actually still with

13:03

pretty rough contrast. Like, the

13:04

18-point is actually kind of hard to

13:05

read. You don't need to worry about logo

13:07

stuff for when you're doing direct

13:08

response.

13:09

>> Okay. [music]

13:09

>> Hilton Head Bluffton, you want that in

13:11

the ad copy as the headline. And then,

13:13

the actual image, if we're just sticking

13:14

with image ads for now, uh we want the

13:16

free 18-point inspection to be like,

13:18

boom. Says, "Get yours today." Just be

13:20

like, "Get yours."

13:21

>> [laughter]

13:21

>> And then, that way it's all the same

13:22

size, right? And you can probably drop

13:24

it today. Then, I would run 40

13:25

variations. White background, blue

13:27

background, on white. Like take all the

13:29

colors that you have for your brand and

13:30

I would just basically just run a lot of

13:32

variations there. And you might be

13:33

amazed by this, but the picture that you

13:36

choose there, just like it's kind of

13:37

blocking the work, which is kind of a

13:39

bummer cuz I want to see what you're

13:40

actually doing.

13:40

>> Right, right, right.

13:41

>> Also, you with pictures with customers

13:42

like smiling and super happy near their

13:44

HVAC unit. Like people understand what

13:46

it's about, but I would be running a ton

13:48

of different images. Also, do you do any

13:49

organic like posts on like Instagram or

13:52

I would take all the best performing

13:54

organics

13:55

>> Got you.

13:56

>> and literally just the last 5 seconds

13:57

[music] just tack on like, "Hey, if you

13:59

want an 18 like if this is cool and you

14:01

want an 18-point inspection, it's

14:02

absolutely free. Just click the link and

14:04

we'll come straight out to your house."

14:05

>> this site.

14:05

>> Yeah. So, just take the best performing

14:07

ones, add the 5 seconds on the back, and

14:08

then basically each one of them become

14:10

>> Yeah.

14:11

>> typically pretty good ads cuz the

14:13

algorithm already does the testing for

14:14

you. The cheapest ways of testing new

14:15

ads

14:16

um is just like post them as organic and

14:18

then see how they do. Now, let's go

14:19

funnel CRO. So, this is what the page is

14:21

going to look like. You're going to have

14:22

your little hamburger menu here. I think

14:24

you can just put the the number, 333,

14:26

whatever, up here. You want to make sure

14:27

that on mobile this is all one line. So,

14:30

there's no no other row. Do you do free

14:32

assessments or not?

14:33

>> Yeah.

14:33

>> Okay. Uh

14:35

>> We actually we saw that just changing

14:37

the verbage instead of you doing a free

14:38

assessment to like the 18-point

14:40

inspection.

14:40

>> Yeah.

14:41

>> People love that versus the other way.

14:43

>> Free 18-point inspection and then I

14:45

think we have our form right here.

14:46

Underneath they have the number at the

14:47

top for the people who want to call cuz

14:49

I'm guessing cuz you have it all over

14:50

that you do have somebody who's

14:51

answering those. And then you have your

14:52

little, you know, submit whatever thing

14:54

here.

14:54

>> Got you.

14:55

>> And then I would probably put a

14:56

locations just because I'm thinking what

14:58

are the most common questions that

14:59

someone might ask. If you already know

15:00

these other ones, then I might also

15:02

include

15:03

FAQs at the bottom. And that would be

15:04

it. That's more like that's the page and

15:07

it should be a free-standing page that's

15:08

you don't even have to have it navigable

15:10

from the site. You can just be like,

15:11

"This is where all my ads go." You might

15:13

also find though that if you change all

15:14

the buttons on your site to redirect to

15:16

this page,

15:17

>> Right.

15:17

>> you'll just convert more of the existing

15:19

traffic. Also, on the SEO side.

15:20

>> Yeah.

15:20

>> So, I think this honestly like of all

15:22

the things I'm going to go over, I think

15:23

the pricing, the ads, and us doing this

15:25

funnel change in terms of how we're

15:26

directing the traffic is probably going

15:27

to be by far the biggest improvement. I

15:29

think you probably have something in

15:30

April that have a 2x or more here.

15:34

That's going to be really big. The

15:35

funnel conversion, we've outlined that.

15:37

You're going to increase Google Ads. You

15:38

probably have a ton on the Google side.

15:40

On the Facebook side, we're going to do

15:42

uh plus plus on images.

15:45

And we want less text.

15:48

And basically offer

15:50

first.

15:51

>> Yeah.

15:51

>> Like, basically just lead with the

15:52

offer. In general, with marketing, like,

15:54

I don't want to say think the same thing

15:55

multiple times. I'll say it in different

15:57

ways, but the same content over and over

15:58

again, like,

15:59

>> Right.

15:59

>> it just looks

16:01

cheap.

16:01

>> Cheap.

16:01

>> You know, for lack of a better term,

16:03

which will affect your brand, right?

16:04

[laughter]

16:04

So, let's do the reactivation stuff, and

16:07

then let's pull up the emails. We

16:09

recommend a yearly free checkup for your

16:11

dryer vent to ensure it's working safely

16:12

and efficiently.

16:14

If you use your dryer frequently or have

16:15

furry pets, we suggest cleaning it more

16:17

often. Frequent use means more than

16:18

three loads per [music] week. If you

16:20

have pets, consider more frequent Okay.

16:22

So, what's interesting about this is

16:23

that this is like

16:24

I mean,

16:26

what you've proven is that just telling

16:27

people you [music] exist tends to get

16:28

more business, which is like first first

16:30

objective.

16:31

Um I would say the second version of

16:34

this is where it says, "Hey, you know,

16:35

Pro Shine family, two things that I

16:36

would probably consider testing. I owe

16:38

you uh a free checkup or I owe you X

16:41

amount of money." So, whatever the cost

16:42

of a checkup is, you do 175 or whatever.

16:44

Like, "I owe you $175." That'll get a

16:46

lot of opens.

16:47

>> Right.

16:47

>> It's like, "Hey, it turns out that when

16:49

you signed up, we didn't communicate a

16:51

component of our offer that we did to

16:53

other customers. And I want to make sure

16:54

that we're just trying to do right by

16:56

you." More like, "Hey, we messed up. Can

16:57

we make it up to you?" It's a different

16:59

frame than like

17:00

>> dryer vent

17:01

>> like, "We're coming back at you." You

17:02

know what I mean? So, nice thing is with

17:03

this, you can just split test it. So,

17:04

you can run it one week and see what the

17:06

open response rates are in the next

17:07

week. And the way you're doing this,

17:08

you're just doing this manually, like,

17:09

just looking at your list who was the

17:10

last time out. [music]

17:11

Okay, that's fine. Then this I mean, the

17:12

nice thing is that creates a really easy

17:14

way to do the split test. You don't have

17:15

that no cost to you in here. So, would

17:17

make sure that that is definitely

17:18

highlighted.

17:19

>> Yeah, so we recommend yearly and then I

17:20

put bold, underlined at no cost to you.

17:23

Cuz people scan these things. [music]

17:25

Some of the things that I thought of

17:26

that are like unique angles, kind of

17:27

like the hey I owe you some money or hey

17:28

we messed up dot dot dot. Like what will

17:30

make this business more valuable in the

17:31

long run? So, number one is savings. So,

17:34

if you can ask for people's bill from

17:37

your existing [music] people and be

17:39

like, "Hey, can you just send us your

17:40

bills from last 12 months?" And it shows

17:42

before and after. Cuz then you'll have a

17:43

12-month running average. It's such a

17:45

stronger pitch. Hey, this actually saves

17:47

money. The reason that I think this is

17:48

so compelling is that this is what when

17:50

paired with the larger price will make

17:53

sense. We're charging 1,500 bucks or

17:55

$1,700 per unit. So, it's 38 whatever

17:58

3,400 that you're going [clears throat]

17:59

to pay. But the average person's getting

18:01

that back in 18 months. And it's going

18:02

to increase the value of the house cuz

18:03

we're going to give you this, you know,

18:04

this little portal that I'll show you

18:06

all the the the fix-its and the mess-ups

18:07

or whatever. One is I would send those

18:09

stats out about savings.

18:10

Number two, in terms of themes of the

18:12

emails, is I would take the exceptional

18:14

ones and send those. I'd be like, "Hey,

18:16

this is Casey. Casey was at $600 a month

18:18

and now she's at 150." You're like,

18:20

"Holy cow, I could use that kind of It's

18:21

like, hey, you know, hit us up. It's

18:22

better for your allergies and it's

18:24

better for your pocketbook." Like those

18:25

are pretty the three kind of strong

18:27

angles, which then leads me to the

18:29

second kind of stat that I think is

18:30

worth collecting. So, one we have the

18:31

stat on savings, which I think will be

18:33

the most compelling. But interestingly,

18:35

I'll bet that if you had a different

18:36

angle on some of the ads, which is like,

18:38

"Are you sneezing a lot? Are your eyes

18:39

watery?" Like what are the pains of

18:41

somebody who has allergies? And I'm

18:42

somebody who has terrible breathing and

18:44

so that's why, you know, why I I I

18:45

recognize it. And if if someone [music]

18:47

says, "Did you know that allergies are

18:50

reduced by 33% by just having better

18:52

air?" And then be like, contrast that

18:53

with 90% of houses are past their period

18:56

of time where the the existing filters

18:58

work or whatever.

18:59

>> That's why we blow up in April when the

19:00

pollen season comes and all the windows

19:02

are open. That's big for us.

19:04

>> So, the nice thing is that if you have

19:06

one or two times a year that you know

19:08

it's going to kind of blow up, then you

19:09

actually get basically year-round

19:11

coverage. In the gym world, people want

19:12

to get in for summer. So for us, we have

19:14

summer and then we have New Year's as

19:15

like two kind of polar ends. But we can

19:17

get year-round sign-ups because as New

19:19

Year's approaches, it's like you're

19:20

advertising, "Hey, want to start You

19:21

want to start getting in shape for the

19:22

new year." And then once New Year

19:23

happens, it's like, "Hey, don't you want

19:24

to make sure you have your New Year's

19:25

resolution that worked?" And then it's

19:27

like, "Hey, did you miss your New Year's

19:28

resolution?" Right as we're getting into

19:29

like March, April, it's like, "Hey, if

19:31

you want to get in shape for summer, you

19:32

got to do it now." Right? And then once

19:33

summer hits, it's hot as and then

19:35

they're like, "Fuck, you know what I

19:36

mean? Like I'm in a bikini, I look like

19:37

I look terrible. Hey, if you look

19:38

terrible in a bikini, you should come in

19:39

now."

19:40

>> Right.

19:40

>> It's like, "Hey, did you And then right

19:41

at then we're going right back into New

19:42

Year." And so we only need like one or

19:44

two kind of seasonal pain points to go

19:46

pre, during, post twice, basically on

19:49

two cycles a year.

19:50

>> Yep.

19:50

>> That theme is what you would communicate

19:51

to the CMO. All of our messaging for the

19:53

next 2 months is going to be

19:55

anti-allergy. And that's going to be

19:56

through the emails, that's going to be

19:57

through the ads, it's going to be

19:58

through Google PPC. Next 2 months, it's

20:00

going to be like, "Okay, season's here."

20:01

>> Right.

20:02

>> Because thing is is also your targeting

20:03

is going to go to some of your existing

20:04

customers. And so I'm sure some people

20:06

are booking through Google search that

20:07

already are customers of yours. They

20:08

just don't know how to find you on the

20:09

internet.

20:10

>> It's Google search.

20:11

>> And so this just gives you another

20:12

opportunity to get in front of them more

20:13

times.

20:14

>> So it's really cool that here from Alex

20:15

that we could start using some

20:17

anti-allergy or some mildew kind of

20:19

things that we can implement cuz I know

20:21

that this is a big issue that many

20:23

homeowners don't think about until it's

20:24

unfortunately too late. Real quick, I'm

20:26

going to show you the exact 10-stage

20:27

roadmap from zero to 100 million plus

20:31

that less than 1% of companies finish

20:33

I've now done multiple times and so I

20:34

can say with a lot of confidence that

20:35

these are the stages as head count

20:37

increases that you need to get through

20:40

and I broke each of these down by eight

20:41

different functions of the business,

20:43

what the constraint feels like, like

20:45

what are the symptoms of it when you're

20:46

going through it, and then what steps we

20:48

actually took to graduate. We've done

20:49

this across software, physical products,

20:52

uh service businesses, brick and mortar,

20:54

all of this and it works. [music] And

20:56

it's my gift to you, it's absolutely

20:57

free and so the link's in the

20:58

description but you just go

20:59

acquisition.com/roadmap

21:01

just enter your info and it'll spit it

21:02

right back to you all free.

21:03

>> The other thing, do you have retargeting

21:05

across all platforms set up?

21:06

>> We're working on it.

21:07

>> Okay. Yeah, so that would be for me

21:09

[music] like

21:11

Probably be number seven. Cross platform

21:14

retargeting. And the other thing

21:17

is

21:19

Number eight is we want to own

21:21

all

21:23

terms. Quick pro tip for just about

21:25

anybody, if you advertise at all or even

21:28

have some level of word of mouth,

21:30

people will search for your business or

21:32

your name. And so for me it would be

21:34

like I should own Hermosi, Alex Hermosi,

21:36

you know, Alex Hermosi acquisition,

21:38

acquisition.com, all these different

21:40

permutations of things that are words or

21:43

branded terms that I have been

21:45

consistently marketing over an extended

21:46

period of time. And so we just have to

21:48

think what are people most likely to

21:49

search for if they know who we are. And

21:52

we just want to make sure that we're

21:53

first thing that people see cuz

21:54

otherwise you you leave that space open

21:56

for competitors to advertise and scoop

21:57

your customers for you. And this also

21:59

helps out businesses who don't have as

22:01

strong of SEO, so search engine

22:02

optimization, so that if your customers

22:04

are searching for you that they find

22:06

you. And that's the point. And I'm

22:07

willing to do that even if I have to pay

22:09

cuz some people are like, well they were

22:10

going to find me anyways. I don't want

22:11

to pay for that click. Dude, get bigger

22:13

problems. Like you're you're not going

22:14

to lose money on that. Cuz think about

22:16

the alternative, someone could just

22:17

outbid you on your own terms and then it

22:18

becomes a problem.

22:20

And I'll say this, if someone is

22:21

outbidding you on your own terms, the

22:23

good news is you'll always be able to

22:24

beat them on being more profitable on

22:26

your name. If we're looking up this

22:28

stuff, I think we're looking at

22:29

basically once a month here.

22:31

One time per month. And I think that

22:34

these reactivation emails, I'm going to

22:36

pull this over.

22:43

Would be one is like IOU.

22:46

Which I would have a follow-up to this

22:48

one. So there's difference between like

22:49

we might email once a month, but we

22:51

might have a like a two or three email

22:53

sequence just for like that little

22:55

segment. If that makes sense. So it's

22:56

almost like three six mini campaigns

22:58

more than six individual emails. And so

22:59

be like I made

23:02

a mistake

23:06

on your

23:08

account.

23:10

Okay? But that's like kind of like A and

23:12

then B.

23:14

We probably have our allergies angle and

23:15

then we have our savings angle.

23:19

And then we have our

23:22

environment. You never know.

23:23

>> Yeah. Another good one around the

23:25

allergies like from the polar opposite

23:27

from obviously April to like the end of

23:28

year like when it starts to get cold is

23:30

mildew smell because a lot of times when

23:32

those heating elements start to kick up

23:33

in electric heat we're smelling it

23:34

through the duct work.

23:35

>> So you've got pollen and then you've got

23:37

what you say mildew.

23:39

>> Right. These are kind of like your two

23:40

variations of your different kind of

23:41

allergy angles. I would also consider

23:43

doing

23:44

case studies

23:45

>> Okay.

23:46

>> as the follow up for

23:49

each of these. So it's like here's the

23:51

stats behind this and the follow up

23:52

email is like, "Hey, here's Casey who

23:54

had the same issue. Maybe you should

23:55

consider that." And so then this one

23:57

gets us to like

23:58

come back.

23:59

>> [laughter]

24:00

>> Right? Cuz that's our [music] six

24:01

months.

24:02

>> Yeah.

24:02

>> Like I would be unsurprised if it

24:04

doesn't do 20 to 30% revenue.

24:06

>> Yeah.

24:07

>> Like

24:07

>> Yeah. Big time.

24:08

>> Big and the nice thing with this it's

24:09

all profit.

24:10

>> Right.

24:12

It's back.

24:13

>> All right. So let's talk about

24:13

affiliates.

24:14

>> Okay.

24:15

>> All right. So walk me through

24:18

your existing affiliate process.

24:19

>> So right now we've just have a

24:21

connection with our other partners.

24:23

Typically they're either in the HVAC

24:24

space or they're pest control, even

24:27

remediation companies. We make

24:28

connections one-on-one with them. They

24:30

know what we do.

24:31

>> How do you make the connection?

24:31

>> Through networking just in general. So

24:33

we have networking events that we go to.

24:35

People that we're partnered with refer

24:36

us out to other companies that they work

24:38

with.

24:39

>> Your existing referral program is

24:40

basically just be like, "I'll send you

24:41

business, you send me business." And

24:42

that's worked out okay. But how many

24:44

would you say are actively sending you

24:45

business?

24:45

>> On a consistent basis, one.

24:47

>> Okay.

24:47

>> Just the one.

24:48

>> So I I'm going to guess that's just

24:49

worked out. But most of the times if you

24:51

want to have like a true kind of

24:52

affiliate partner program we need to

24:53

have some sort of offer for them. I see

24:55

this is basically two potential avatars

24:56

and I don't want you to focus on both. I

24:58

want you to like pick one basically.

25:00

We've got the events play which is okay,

25:02

I'm going to go to these HOAs. I'm going

25:03

to go not during the time that there's

25:05

an event and say, "Hey, when do you have

25:07

your HOA events? I did this house and

25:09

this house in this neighborhood." Cuz

25:10

that's going to be key, right? Like we

25:11

already did this house, this house. You

25:12

can call them up if you want, here are

25:13

their numbers. We'd love to be able to

25:15

just know what your schedule is

25:16

for when you have your HOA events just

25:18

so we can just show face, you know, we

25:20

like to be a part of the community, blah

25:21

blah blah blah.

25:23

Um but this is an outbound

25:24

>> Okay.

25:25

>> effort that you're basically it's you

25:27

plus car or Nicole plus car going out

25:29

and shaking hands, kissing babies. And

25:31

basically what we want to do is create a

25:32

calendar so that we end up getting to,

25:35

you know, one to two a week which I

25:36

think you could totally do.

25:37

>> The stuff that we're getting from that

25:38

event, I mean the last event we did we

25:40

booked 55 inspections. Both RC M&O and

25:43

Nicole, I mean they rocked that stuff.

25:45

>> So I see this as a very good way of

25:46

doing it, but I think we go outbound.

25:48

Give us your calendar for what your

25:49

events are and then it's just like once

25:50

you have their calendar, you're in. And

25:52

then after every time you're there

25:53

you're like, "Hey, when's the next one?"

25:54

And that way you just always go book an

25:56

event from an event once you're in. Now,

25:58

on the partner side what I want to talk

25:59

about is the offer. We want to have a

26:01

really compelling offer for them.

26:03

Referrals everyone promises, no one

26:04

delivers. And so it's like you need to

26:06

have something [clears throat] that

26:06

they're going to like, you know,

26:08

get into bed with you on. Whatever

26:10

the highest gross margin thing that you

26:12

can do that's like kind of lower ticket.

26:14

So that $175 thing,

26:16

I think that you say, "Hey,

26:19

you can charge $175, you can keep the

26:22

whole thing and we'll do [music] the

26:23

work."

26:24

But then when you go out, you've got the

26:25

client and then you can sell the rest of

26:27

your the rest of your work.

26:29

>> Right.

26:29

>> So this is the $100 million book. This

26:30

is page 223. We're talking about

26:32

affiliates. And so one of the key parts

26:34

about making an affiliate work is

26:36

figuring out the offer that's going to

26:37

work best for them to sell on your

26:40

behalf. And so I have a couple different

26:42

versions of of setting this up. I

26:44

outline them on pages 237 to 239. So I

26:48

basically give you three different

26:50

versions that you can use to get

26:52

affiliates to promote your stuff. Now,

26:53

what I'm proposing for him, he offer

26:56

number two, which is they have the core

26:58

thing that they're selling, but then

26:59

they upsell for 175 bucks his lead

27:02

magnet. So, they're going to sell

27:04

something that he's going to give away

27:05

for free to them to give to their

27:08

customers. And then once that customer

27:10

comes in with that lead magnet cuz they

27:12

bought the $175 thing, you then upsell

27:15

the core offer that applies to you. The

27:17

reason they do it, the other business,

27:19

is because they make all this money on

27:20

the 175 bucks that they don't have to do

27:22

anything for. You like it because it

27:24

might cost you only $25 to deliver that

27:26

$175 thing. So, your cost of acquiring

27:28

the customer is your conversion rate

27:30

from lead magnet upsells to your core

27:33

offer times the cost of delivering it.

27:35

So, if let's say one out of three people

27:37

takes the upsell, well, if your cost of

27:39

delivering that upsell is $25, then it

27:41

costs you $75 per customer, which is

27:44

probably exceptional math for his

27:45

business.

27:46

>> And it's a very good point because our

27:48

technicians are trained to even if

27:50

they're doing just a dryer, to push an

27:51

inspection to see what's going on while

27:53

they're there.

27:54

Okay.

27:55

>> And so, this we'd give this to

27:56

affiliates.

27:58

So, you know, you have your your one

28:00

guy, but it's like, "Hey, let me talk to

28:02

10 other one." I still saw that you guys

28:04

don't do duct cleaning, we do. It's one

28:05

thing to say, "Hey, we're going to refer

28:06

you business," which we will,

28:07

>> Right.

28:08

>> but you also only have so much business

28:09

to refer to. And the thing is this

28:10

long-term, it's a less scalable option

28:12

cuz what ends up having to happen is if

28:14

you're like, "Well, I want 20 referral

28:16

partners," it's unlikely that you're

28:17

going to have sufficient referral volume

28:18

to send them all enough business.

28:20

>> Yeah, so the good thing about what we

28:21

have right now set up, it's another set

28:23

of eyes as as well for us to go through

28:25

and and diagnose [music] their system.

28:27

So, it gives them more visible time on

28:29

their their units in their clients'

28:31

houses,

28:32

>> Yeah.

28:32

>> uh which allows that allows us to say,

28:34

"Hey, listen, like this is [music] needs

28:36

to be replaced or this is wrong."

28:38

>> We'll upsell your stuff if we don't do

28:39

it.

28:39

>> Well, but right, well, we send them

28:40

right back to whoever sent us there.

28:42

>> Yeah.

28:42

>> So, you know, depending on what partner

28:44

we're going in with, solidify some of

28:46

their sales as well. Uh which is why

28:48

[music] that affiliate with our biggest

28:50

one is working so well.

28:51

>> So, I think that this is the offer I

28:53

would approach them with and just say,

28:55

"Listen, you can sell it. I'll send one

28:56

of my guys out. I'll eat it at 100% of

28:58

cost. You take all the money, and you

29:00

just know what your metrics are. Like

29:01

you're still going to close 87% [music]

29:03

and it's going to be 3-4K, so who

29:05

cares?" You would pay 175 cuz the the

29:07

hard cost of sending the guy out is less

29:09

than that. So, what's the cost of

29:09

sending the guy out?

29:10

>> Uh about 100.

29:11

>> Okay. So, your actual cost is about 100,

29:14

but you're probably going to close what

29:16

percentage do you think you'll close

29:17

into new business?

29:18

>> Um probably 75% of that.

29:20

>> Cool. Let's be conservative and say

29:21

half. If you had to pay $200 in terms of

29:24

CAC, who cares? Right. And so, that's

29:27

the that would be the offer that I lead

29:29

with because that way you don't feel

29:30

like you owe [music] them. I mean,

29:31

obviously you're going to want to try

29:32

and refer business if you can, but this

29:34

at least gives them real money, no extra

29:36

work. Like it's a compelling offer.

29:38

>> They just send it to us and we get it

29:39

done.

29:39

>> Yeah. [music] I don't think you're going

29:40

to be able to do both of these.

29:42

>> I agree.

29:42

>> So, which one do you feel you would be

29:44

like more equipped to do sooner?

29:46

>> Equipped to do sooner, I think

29:47

outbound's probably easier cuz we

29:50

[music] can obviously have our CMO to

29:51

start making those reach out calls to

29:53

see what's going on. Ultimately, I think

29:55

that this is going to be very

29:57

interesting for us. We want the

29:58

activation. I think that

30:00

at a certain point we're just having

30:01

people say, "Hey, this [music] the

30:02

price?" Charge it.

30:04

So.

30:04

>> Okay. So, if we're looking at a

30:05

timeline, it's like probably for the

30:06

rest of this year you're just going to

30:08

it's going [music] to take you to spin

30:08

this up.

30:09

And so, this is probably a 2026 thing.

30:12

Realistically. Because for each of these

30:13

things, you basically need someone who's

30:15

full-time in charge of the time.

30:17

As as ugly as that sounds. But the thing

30:18

is it's going to be worth it because

30:20

you're going to generate much business.

30:21

If you get one more partner like your

30:22

current one, it's already paid for

30:23

itself. And I think that if one time one

30:25

person's full-time, that's the only

30:26

thing they're doing, they'll definitely

30:27

do more than that. And then you'll run

30:28

into supply constraints cuz you won't

30:30

have enough guys, which we can deal

30:31

with.

30:31

>> For our affiliate, I think that this is

30:32

going to be a great program for us. And

30:34

we always look at how we can get back to

30:36

everyone around us. So, this is going to

30:38

fit our model and then just really

30:40

explode the whole process. Let's look at

30:42

our our overall

30:44

our overall improvements. We'll

30:45

prioritize them. Does that sound good?

30:47

>> Sounds good.

30:48

>> Okay.

30:49

Number one is we're going to do

30:51

price raise

30:54

of 10%. So, around 1650 per unit. And as

30:57

long as close rate stays uh above 65%,

31:01

we're making money. Okay. Two is you're

31:03

going to continue to pay off the debt.

31:04

So, we're going to we're just going to

31:05

keep

31:06

debt paid. Number three, change funnel.

31:08

So, uh optimize landing page

31:13

and redirect buttons. [music]

31:15

So, all the buttons on the site should

31:17

now go to this new page that's already

31:18

optimized.

31:18

>> Mhm.

31:19

>> So, number four is fix ads,

31:23

which is

31:25

variety

31:28

plus organic

31:30

best

31:31

>> [music]

31:31

>> performers

31:32

>> Mhm.

31:33

>> with a plus five second

31:35

>> Yep.

31:36

>> uh CTA.

31:37

And then, we're going to increase ad

31:39

spend.

31:40

>> [music]

31:40

>> Now that we fix these two things, so

31:41

it's like let's go make a better funnel.

31:43

Let's go fix the ads.

31:45

>> Mhm.

31:45

>> Then we will increase the ad spend, and

31:47

we're just going to keep doing this kind

31:48

of

31:50

infinitely.

31:51

>> Right.

31:51

>> It should be a There you go.

31:53

Forever.

31:53

>> And for the increase ad spend, what are

31:55

you thinking like how much do I

31:58

do you want me to designate percentage

31:59

base on on that or

32:01

>> The reason that I do it in this order is

32:03

because if we fix the landing page and

32:05

we just improve the ads you have, you

32:08

might already double or triple your lead

32:09

flow.

32:09

>> Right.

32:09

>> And so, you might not even have to spend

32:11

more because it might be like, "Shoot, I

32:12

don't have enough guys." Which is a

32:13

problem I'd love to create for you. Then

32:15

we go retargeting cross platform plus

32:17

own

32:19

Google search terms.

32:22

The last main one that we're going to do

32:23

is just going to be outbound to HOAs.

32:27

Like, you can do one through four in the

32:30

next like

32:31

two weeks.

32:32

>> Right. Right. Right.

32:33

>> Right. This is kind of like the first

32:34

thing that happens. This then is kind of

32:36

happening anyway, so there's not really

32:38

any work that has to happen. These two

32:39

happen together.

32:41

These two will happen together.

32:43

And then this would be the last thing

32:44

that I would do.

32:45

>> Got you.

32:45

>> Because all of these might even result

32:47

in me being like, "Shoot, I don't even

32:48

need to do these events yet. Like I'm

32:49

we're already [clears throat] crushing

32:50

it on this part." So, I think that this

32:52

could

32:53

reasonably increase profit by 25%.

32:57

in profit.

32:58

Um that will also, once you have to not

33:00

pay off the debt, that'll increase your

33:01

profit by like

33:02

>> [music]

33:02

>> 5%.

33:04

>> [laughter]

33:04

>> Right.

33:05

>> But at least 100% in headache.

33:06

>> Yeah.

33:07

>> Um this might be a a 2x that's sitting

33:09

right here for optimizing the pages. And

33:12

it might be even more because you have

33:13

your SEO that's going to feed into that,

33:14

too.

33:15

Um fixing the ads and organic, like this

33:17

could definitely be a 2 to 3x.

33:20

>> [music]

33:20

>> I know that sounds wild, but like I

33:22

think you're getting by with the ads

33:24

that you have because other people who

33:26

are in your industry don't know how to

33:27

advertise

33:28

more than because the advertising is

33:30

good. [laughter]

33:30

>> Right.

33:32

>> Um the the ad spend is just going to be,

33:34

you know, one-to-one ratio. Basically,

33:35

you're you're scaling. Right? If you can

33:37

If you can keep ROAS the same and we

33:38

double it, then everything doubles down

33:40

the funnel, right? This is probably

33:42

going to be somewhere in the

33:42

neighborhood of like a 10 to 20 I'll

33:44

just call it a 10. Conservatively, I'll

33:46

say it's about a 10. 10% lift, maybe 20%

33:49

that you might get from the the

33:50

retargeting side. Um and then outbound

33:53

is kind of like a uncapped. Uh because

33:55

you could figuratively just be like,

33:57

"I'm going to go get 100 agent leads."

33:58

And then like you're completely plugged

34:00

in. You do that and you're at 10, 20

34:02

leads a year.

34:03

>> Yeah.

34:03

>> Oh, you know what? I forgot one. So,

34:06

um six email

34:10

reactivation.

34:11

>> Yeah. Yeah. Yeah.

34:13

>> There we go. And I think that can give

34:15

us another

34:18

probably 20 to 30%

34:21

lift.

34:21

>> Yeah.

34:22

>> Money.

34:23

>> And that's And that just keeps growing.

34:24

>> Well, the nice thing with things like

34:25

that is that if they do compound as the

34:26

business grows.

34:27

>> Right.

34:28

>> And so you don't like

34:29

once that's installed, it just continues

34:31

to print. Do you think this will help

34:33

you grow?

34:34

>> Absolutely.

34:35

>> Sweet, man. Awesome. Feel good about

34:37

this?

34:38

>> I do.

34:38

>> All right. Rock and roll, man.

34:40

Drum roll, please. It's been almost a

34:41

year since we filmed this episode with

34:43

Corey. My team jumps on a call to check

34:45

in on his progress, and I'm going to

34:46

watch it live.

34:47

>> Hey Alex. Uh so yeah, so when we were

34:49

there originally for the recording, we

34:51

were doing about 1.25 million in sales

34:53

for the trailing 12 months. Uh

34:55

currently, we are on our on our goal

34:58

here for 2.3 to 2.5 a year later.

35:01

The biggest impact that really that we

35:03

obviously went over with a lot of like

35:04

my marketing, which we knew was an issue

35:06

when we first got there. So, [music]

35:08

went with a new third party that's been

35:10

there, done that uh with many other

35:12

companies before. Um so, they're been

35:15

amazing to work with. And again, our our

35:17

lead flow uh after kind of making some

35:19

of those conversions from the landing

35:21

page marketing, upping ad spend, uh we

35:25

were sitting about 120 leads a month,

35:27

and now we're about closer to 200. Uh

35:30

which is really great, and they're

35:30

higher quality. And then, I'm excited

35:32

and hopefully in the next 12 months,

35:34

we'll be looking at another location,

35:35

which is super exciting. Not only for

35:37

myself, but for my team. Uh I got some

35:39

some good individuals here that are

35:41

looking for some new opportunities, and

35:43

I'm happy to be able to facilitate that.

35:46

I just want to say I thank you, and I

35:48

appreciate all everything you do. Um and

35:50

I love your mission, which again is like

35:53

very similar to the way I go to all my

35:55

clients. Um you do it for the right

35:58

reasons,

35:58

>> [music]

35:58

>> and that's something I can respect.

36:01

>> Well, there you have it. That's Corey.

36:02

Um you know, crushed it, almost doubled

36:04

[music]

36:05

uh within a year just walking through

36:07

the stuff that we went through. And all

36:08

the credit really goes to him. I mean,

36:09

at the end of the day, you can watch 100

36:11

of these videos, but if you do nothing

36:12

with it, nothing's going to happen. So,

36:14

real businesses, real tactics, real

36:15

and uh

36:17

hope to see you on the next one.

Interactive Summary

This video features Alex Hormozi consulting with Corey, the owner of Proshine, an HVAC cleaning and ductwork repair business. Despite generating over $1.2 million annually, Corey faces challenges with debt and lead generation. Alex analyzes Corey's business model, providing actionable strategies regarding pricing, marketing funnel optimization, ad spend, and affiliate partnerships. One year later, Corey reports that he nearly doubled his annual revenue, reaching $2.3 to $2.5 million, by implementing these strategies.

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