The buying cycle on fur coats is the same almost as cars. You go from being a store that someone bought something once to being the first place someone goes when they solve anything related to this specific problem. So in your business, if you have a one time product, especially that's a little bit bigger in purchase, having little things that you can do, even if you didn't make money on them, but you just broke even on them. It more than makes up for the effort and cost of time that you put into it.
“Capitalism is the only system where both people say thank you after an exchange.” Today, Alex (@AlexHormozi) shares with us the seven lessons he learned in his first job that gave him million-dollar results. He dives into each lesson’s background story and how you too can practice them in your own business.
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:
(1:17) - Lesson #1 - How to deal with angry customers
(4:33) - Lesson #2 - Creating new products
(6:33) - Lesson #3 - Getting people to say yes by saying no
(8:05) - Lesson #4 & 5 - Sawdusting and providing benefits to the customer
(11:53) - Lesson #6 - Double the amount of products people would buy
(13:34) - Creating continuity for your product & become top of mind
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