Double Rates Without Changing Your Business Model (with Greg Hickman) Pt.1 - Sept. '21 | Ep 415
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 30 July 2022
⏱️ 26 minutes
🧾️ Download transcript
Summary
... And make it DOUBLE! Today, join Alex (@AlexHormozi) as he guests on Greg Rickman's YouTube to talk about his book $100M Offers, share some insightful advice about compelling ways to increase prices, get making your business more scalable and profitable, get more clients to say yes and have them to do things that they can't say no to, and more! Buckle up for this roller coaster of takeaways! This is part 1 of the interview.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Check out the episode on Greg Hickman's YouTube Channel!
Timestamps:
(2:07) - Why Alex is not a fan of the "agency model"
(6:16) - Millionaire vs. Billionaire Mindset
(10:34) - One channel, word of mouth vs. paid media
(14:09) - Doubling rates and what it takes to effectively instill them
(21:26) - The equation behind serving your audience
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
Transcript
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| 0:00.0 | Hosing Nation, I was interviewed by Greg Hickman on his podcast related specifically to some |
| 0:06.5 | questions that he had and his audience had of agency owners around how to use $100 million |
| 0:11.5 | offers, the framework within the book on their businesses as agency owners, and then also |
| 0:16.4 | on their clients' businesses as small business owners, because they're also getting leads |
| 0:20.4 | for their small businesses. |
| 0:22.0 | And so this was a two-sided discussion in both the B2B side and then also B2C side of |
| 0:25.9 | how to use offers in a compelling way to increase prices, get more clicks, get more people |
| 0:31.1 | to say yes, and get them to do it to things that they can't say no to, and how to chunk |
| 0:35.4 | through a productized service in a way that makes a business more scalable and more profitable. |
| 0:40.7 | And so there's really, really in-depth tactical stuff in this interview, and I think you guys |
| 0:45.2 | hopefully will like it as much as I enjoyed making it for you. |
| 0:47.8 | And this is part one of our two-part podcast. |
| 0:50.1 | Enjoy. |
| 0:51.8 | If I deliver $10,000 of value and I charge $10,000, I will have a satisfied customer, |
| 0:56.8 | but there will not be any surplus. |
| 0:57.8 | They won't tell their friends about it. |
| 0:58.8 | They had a fair exchange, right? |
| 1:00.4 | If I charge $10,000 for $100,000 of value, they'll tell everybody they know. |
| 1:05.2 | Welcome to the game where we talk about how to get more customers, how to make more |
| 1:07.8 | customers, how to keep them longer, and the many failures and lessons we have learned |
| 1:11.1 | along the way. |
| 1:12.1 | I hope you enjoy and subscribe. |
... |
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