{"id":13,"date":"2020-12-22T06:00:57","date_gmt":"2020-12-22T06:00:57","guid":{"rendered":"https:\/\/okfunnels.com\/blog\/?p=13"},"modified":"2020-12-22T06:00:57","modified_gmt":"2020-12-22T06:00:57","slug":"secrets-successful-business-owners-dont-want-you-to-know-and-even-school-doesnt-teach-you-this","status":"publish","type":"post","link":"https:\/\/okfunnels.com\/blog\/secrets-successful-business-owners-dont-want-you-to-know-and-even-school-doesnt-teach-you-this\/","title":{"rendered":"Secrets Successful Business Owners Don’t Want You To Know, And Even School Doesn’t Teach You This.."},"content":{"rendered":"\n
Every time I meet a business owner who wants to learn a thing or two about growing their business, their very first question is \u201cWhat should be my immediate next step<\/strong><\/em>\u201d or \u201cIf you were to tell me 1 thing to focus on, what would that be?<\/strong><\/em>\u201d or “What is the secret to growing a company exponentially, just like yours<\/strong><\/em>“

My answer to this question is, you should prioritize below two things:
1. Reduce your customer acquisition cost to ~ ZERO<\/strong>
2. Automate\/ outsource your marketing efforts<\/strong>

Let’s quickly deep dive into understanding the secrets hidden from common people and are never taught in any schools!

Reduce your customer acquisition cost to ~ ZERO<\/em><\/strong>\u00a0
This is the most ideal state for a business to be, if your customer acquisition cost is near zero, i.e. you are spending virtually no money to acquire new customers \u2013 you will grow exponentially! That\u2019s it. Big businesses sell their entry level products with minimum\/no profit margins just to cut marketing expenses. Once, customers walks into their marketing Funnel, they up-sell and earn huge profits.

Example \u2013<\/em> Mc Donald\u2019s make no profit selling you their 1 burger, they just break-even on their marketing budget (the posters and advertisements they make on different medias to make potential customers walk into their chain). However, when they upsell you fries and coke \u2013 they make huge margin on those!! Ahaa! did you get the point?<\/td><\/tr>
Automate\/outsource your marketing efforts –<\/em><\/strong>\u00a0If you are not automating your marketing and sales efforts, you are losing all that precious time and money that you could use to retain your existing customers. Because, it is way simpler to retain your existing customers than to go out hunting for new customers. All businesses are going online these days, and if you are someone who\u2019s looking to automate your marketing, this is the time you should go ONLINE and automate your entire sales and marketing
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Every time I meet a business owner who wants to learn a thing or two about growing their business, their very first question is \u201cWhat should be my immediate next step\u201d or \u201cIf you were to tell me 1 thing to focus on, what would that be?\u201d or “What is the secret to growing a … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/posts\/13"}],"collection":[{"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/comments?post=13"}],"version-history":[{"count":1,"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/posts\/13\/revisions"}],"predecessor-version":[{"id":14,"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/posts\/13\/revisions\/14"}],"wp:attachment":[{"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/media?parent=13"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/categories?post=13"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/okfunnels.com\/blog\/wp-json\/wp\/v2\/tags?post=13"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}