The Game with Alex Hormozi 3 Tactical Ways to Immensely Grow in a Service Business | Ep 427
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Aug 25, 2022 Unlock the secrets to skyrocketing your service business with practical tactics! Discover how to categorize your offerings for maximum impact and cash flow. Learn the art of enhancing product value through personalized services. Alex shares insights on building a diverse portfolio and the importance of differentiation. Get ready to transform your approach and accelerate your growth journey!
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Product Categories
- Consider the different product categories you can sell: products, services, and access.
- Combine these categories to add value and differentiate your business.
Monopoly Strategy
- Enhance product value by adding service components to avoid commodification.
- Strive for monopoly status by being so good that competition becomes irrelevant.
High-Ticket Offer
- Sell a high-touch, individualized version of your solution to a limited group.
- Guarantee results and offer continued support until the desired outcome is achieved.