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The Game with Alex Hormozi

"Im Poor Because Im a Good Person" Bullsh*t | Ep 166

The Game with Alex Hormozi

Alex Hormozi

How To, Business, Entrepreneurship, Education

4.94.8K Ratings

🗓️ 22 November 2019

⏱️ 13 minutes

🧾️ Download transcript

Summary

"Once you know the rules, play the game. Business is a game." Today, Alex (@AlexHormozi) discusses the need for fitness entrepreneurs to focus on making offers that convert and to not be afraid of upselling. He emphasizes the importance of clarifying customer priorities and providing information so that customers can make informed decisions about the offers that best align with their goals.

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.

Timestamps:

(0:48) - Make an offer that converts. Upselling isn't illegal.

(3:35) - Inform clients of options to get what they want.

(6:23) - Market offers that convert. Sell helpful products. Keep testing.

(7:37) - Trainers' poor money mindset; give up morals to make money.

(8:43) - Clarify priorities, present information, help make informed decisions.

Follow Alex Hormozi’s Socials:

LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition

Transcript

Click on a timestamp to play from that location

0:00.0

Real quick, you guys already know that I don't run any ads on this and I don't sell anything.

0:04.6

The only ask that I can ever have are you guys that you help me spread the words.

0:07.8

We can have more entrepreneurs, make more money, feed their families,

0:10.9

make better products, and have better experiences for their employees and customers.

0:14.9

The only way we do that is if you can rate and review and share this podcast.

0:19.4

The single thing that I have to do is leave review.

0:21.9

I'll take you 10 seconds or one type of the thumb.

0:23.9

It would mean the absolute world to me.

0:25.2

More importantly, it may change the world of someone else.

0:28.3

Thank you, everyone. Hope you guys are having an awesome Sunday.

0:31.0

I woke up this morning and I had one too many

0:38.0

summits. I don't know.

0:39.5

And so I wrote a little post in the group.

0:41.7

I had no video with it and it already has gotten a ton of comments and likes.

0:44.8

And so I wanted to talk more about it, which is fear monitoring,

0:49.6

fun, fear monitoring, and the issue that a lot of you guys see in the marketplace,

0:54.9

people are like stop running six-week challenges, stop doing this,

0:58.8

people coming off these things are low-quality customers.

1:01.2

Bob, Bob, Bob, Bob, Bob.

1:02.4

Right? Right.

1:03.8

Of course, you've heard this stuff.

1:05.4

So, you know, six-week challenges will kill your business.

...

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