The Game with Alex Hormozi

HOW TO RIP MONEY FROM THE HANDS OF BROKE PEOPLE... 🔥🔥🔥🔥🔥🔥🔥🔥 | Ep 53

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May 15, 2018
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ANECDOTE

Closing In Downtown D.C. Changed His Belief

  • Alex recounts selling a done-for-you service in downtown D.C. where he initially doubted customers' ability to pay.
  • After adopting the belief that broke people are easier to convince, his closing rates matched higher-price areas.
INSIGHT

Broke Is A Money-Mindset, Not A Lack Of Desire

  • Alex Hormozi reframes 'broke' as poor money retention rather than lack of desire to spend.
  • This means broke people can be easier to sell to because they more readily part with cash.
ADVICE

Stop Offering Payment Plans

  • Avoid offering payment plans or delayed first payments because they reduce commission alignment and create excuses.
  • Make pricing clear and firm: pay now or nothing to maintain closing rates and commissions.
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