The Game with Alex Hormozi This is Our Competitive Edge | Ep 417
Aug 2, 2022
Exploring the fine line between too many perspectives and clarity, key insights unveil how core values can redefine success. Alex discusses the innate truths guiding business principles and the power of honesty and feedback in fostering competitive excellence. Discover how strategic negotiation enhances value and compensation in both workplaces and opportunities. Delving into environments that support growth, the conversation emphasizes the symbiotic relationship between learning, earning, and the pursuit of larger ambitions.
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Three Keys to Higher Earnings
- Increase your earnings by focusing on three key variables: value creation, negotiation, and competitive dynamics.
- These apply whether you're an employee seeking a raise or a business owner setting prices.
Value is Multifaceted
- Value is multifaceted and not solely about money; consider quantitative and qualitative aspects.
- Serving the right customer significantly influences pricing power, as value is subjective.
The Car's Value
- A father teaches his son about value by having him appraise an old car at different places.
- The car's perceived worth varies greatly, highlighting that value depends on the audience.
