All big businesses run off of extraordinary degrees of arbitrage. Today, Alex (@AlexHormozi) talks about what arbitrage is, how you can harness, and leverage it in your business.
Welcome to The Game Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.
Timestamps:
1:15 - The definition of "Arbitrage" and how all businesses are arbitrage
3:43 - The difference between economic profits and accounting profits
7:02 - What factor is going to dictate if it's one market or another?
8:20 - One valuable concept to understand
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