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The Game with Alex Hormozi

The Ultimate Sales Script Format (3 Pillar Pitch) | Ep 790

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.94.4K Ratings

🗓️ 11 November 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

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 and will learn on his path from $100M to $1B in net worth.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey guys, welcome back to the game. Today, I'm going to be talking about the three-pillar pitch

0:04.1

and how to simplify a sales script to get a more salespeople to actually do it. And B, get your

0:10.2

prospects to actually understand it so that they see buy. So recently we improved one of the sales

0:16.2

processes in one of our portfolio companies by 2.4x. So we took a 14% close rate and took it to 35%

0:23.3

within four months. And there's a number of things we did, but I think one of the most

0:26.9

significant things was we simplified the scripting itself. And so I want to walk you through some

0:31.2

of the things that we did there so that hopefully you can do the same. First off, some of the people

0:35.3

who were selling at the time, they were basically feature

0:37.9

stacking. They were blabbing all over the place. They were talking about technical things,

0:41.3

features, all this stuff. It was a B-to-B sale. And business owner the other side were like,

0:45.2

I don't care, right? First thing we did with the script is we ran it through Hemingway,

0:49.4

which is a reading calculator. And so we got the grade level of the language we used in the script itself below

0:54.5

third grade. And you'll notice that in a lot of the content that I make, I purposely do that

0:59.0

because I also think that it shows the level of mastery. Like if you can't explain it to a child,

1:02.5

you don't understand it. And so I think oftentimes, especially salespeople who are newer coming in,

1:07.3

is they want to sound impressive, but all they end up doing is confusing people because they also are pretty confused themselves. And so they use these big words that they

1:13.7

don't know and the prospect doesn't know and both people are just making face noise at each other.

1:16.8

And at the end of the day, they don't buy. And so big thing number one is we simplify the script.

1:20.5

That's the language itself. The second level of simplification that we tried to do is around the pitch itself. And so I've been an advocate of a three-pillar pitch

1:28.1

for a very, very, very long time. But I want to add a little bit of nuance to that today. The first thing

1:32.9

is that what type of thing you sell. So if you sell, call it consulting or heavy implementation,

1:38.5

where you're doing like done for you services, like you do all the work, they just pay you. Then this is where you want to show tremendous

...

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