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Life Terms
Business and entrepreneur terms
The numbers and shorthand that come up when you run or grow a small business.
All
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A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
A
Attractive character
Russell Brunson's term in DotCom Secrets for the person a business puts in front of its audience, built from a backstory, stories, honest flaws and clear opinions.
C
Core four (advertising)
Alex Hormozi's four ways to get leads in $100M Leads (2023): warm outreach, cold outreach, posting content and running paid ads.
Customer acquisition cost (CAC)
The average amount a business spends on sales and marketing to win one new paying customer.
Customer lifetime value (LTV)
The total revenue a business expects to earn from one customer over the whole time that customer keeps buying.
D
Dream 100
Russell Brunson's method from Traffic Secrets (2020): list 100 people and places where your ideal customers already gather, then earn or buy your way in front of them.
E
Epiphany bridge
Russell Brunson's storytelling method from Expert Secrets for passing on the moment you came to believe in something, so the listener reaches the same belief.
G
Grand Slam Offer
Alex Hormozi's name, from $100M Offers (2021), for an offer built to be so different and so good that buyers stop comparing it with anyone else's.
H
Hook, story, offer
Russell Brunson's three-part formula from DotCom Secrets for any sales message: a hook to get attention, a story to build trust, then the offer.
K
Key performance indicator (KPI)
A measurable number a team tracks against a target and a deadline because it shows progress on something critical to the organization's goals.
L
LTV to CAC ratio
Customer lifetime value divided by customer acquisition cost, showing how many dollars a customer brings in for each dollar spent winning them.
M
Money model
Alex Hormozi's term in $100M Money Models (2025) for a planned sequence of offers, what to offer, when and how, that a business makes to each customer.
P
Perfect webinar
Russell Brunson's script from Expert Secrets for a sales webinar in three parts: the Big Domino, three secrets each told with a story, and the Stack.
R
Return on ad spend (ROAS)
The revenue, or other conversion value, that ads bring in divided by what the ads cost, shown as a ratio or a percentage.
Return on investment (ROI)
A percentage comparing what an investment earned with what it cost: the gain minus the cost, divided by the cost, times 100.
S
Soap opera sequence
Russell Brunson's welcome email series from DotCom Secrets, usually five emails over five days that tell a story and build to an offer.
V
Value ladder
Russell Brunson's model from DotCom Secrets for laying out a business's offers as rungs, from a free or low-cost first step up to its most expensive, most valuable one.