The Game with Alex Hormozi 3 Questions To asked Yourself For Product And Service | Ep 324
13 snips
Aug 19, 2021 Discover the three crucial questions to elevate your product and service game. Learn why focusing on customer experience and value creation could lead to significant profit boosts. Explore the difference between big and small entrepreneurs and the importance of product quality over mere promotion. Plus, get insights into the common pitfalls that hold businesses back. Tune in for strategies that could transform your entrepreneurial journey!
AI Snips
Chapters
Books
Transcript
Episode notes
Sales vs. Customers
- Small entrepreneurs focus on immediate sales.
- Bigger entrepreneurs prioritize building long-term customer relationships through valuable products.
Product Value Exercise
- Consider how to make your product 10x more valuable, even at a higher price.
- Also, consider how to improve your product if you had to sell it for one-tenth of the price.
The One Customer Challenge
- Imagine you can only sell to one more customer, and future growth depends solely on their referrals.
- Design an exceptional customer experience that motivates them to recommend your product.
