Having a compelling offer is crucial for becoming a rainmaker and generating substantial profits.
Running effective Facebook lead ads and upselling customers are important components of the high-value services business model.
Deep dives
Becoming a Rainmaker: Selling High-Ticket Services Locally
In this podcast episode, the speaker shares their experience of becoming a rainmaker by selling high-ticket services locally. The key points highlighted are: (1) the importance of a compelling offer, (2) running effective Facebook lead ads, and (3) upselling customers into higher-priced services. The speaker emphasizes that being a rainmaker is a skill that can generate substantial profits, with the potential to make a million dollars in personal income. The podcast also covers the specifics of setting up the required technology, such as using Facebook lead ads, Google Sheets, Zapier, and SMS notifications. The speaker provides insights into their own mistakes, including partnering with struggling businesses and lacking clear expectations and agreements. Additionally, the speaker encourages learning from these mistakes and emphasizes the importance of clear communication, leveraging technology, and negotiating revenue-sharing deals with local businesses.
Selling High-Value Offers to Local Markets
In this podcast episode, the speaker shares a step-by-step guide to selling high-value offers in local markets. The focus is on getting leads through Facebook lead ads, using Google Sheets and Zapier for capturing and managing leads, and setting up SMS notifications. The speaker highlights the importance of having a compelling offer and running basic ads to generate leads. The podcast also discusses the potential profitability of this business model, such as making hundreds of thousands of dollars in profit with no employees and minimal investment. The speaker advises choosing reputable partners and negotiating clear agreements. They also emphasize the significance of learning from mistakes and planning for scalability in different markets.
Becoming a Rainmaker: Strategies for Local Business Sales
This podcast episode focuses on strategies for becoming a rainmaker by selling high-value services in local markets. The speaker highlights the three key elements necessary for success: creating a compelling offer, running effective Facebook lead ads, and mastering the art of upselling. The episode provides a detailed breakdown of the technological setup required for this business model, including Facebook lead ads, Google Sheets, Zapier, and SMS notifications. The speaker shares personal mistakes made along the way, such as partnering with struggling businesses and underselling their own value. The importance of clear communication, transparent agreements, and filming the process for training purposes is also emphasized. The episode concludes by highlighting the potential profitability and scalability of this business model when executed correctly.
In this podcast episode, the speaker shares their insights on becoming a rainmaker by selling high-ticket services in local markets. The episode outlines the three crucial components for success: a compelling offer, running effective Facebook lead ads, and upselling customers. The speaker provides a simplified technological setup involving Facebook lead ads, Google Sheets, Zapier, and SMS notifications. Mistakes made by the speaker are discussed, including partnering with struggling businesses and neglecting clear agreements. The importance of learning from these mistakes and implementing strategies for growth and scalability is emphasized throughout the episode. The potential profit and business opportunities in this model are highlighted while encouraging listeners to avoid repeat pitfalls and achieve success as a rainmaker.
It’s about being a smart cookie. Today, Alex (@AlexHormozi) talks about how he was able to build a hundred thousand dollars per month in profit without having any employees and how this simple but powerful framework can be used by any kind of business! (Hint: it has something to do with your offer.)
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:
(1:55) - Business model works for any brick & mortar business
(4:05) - 3 Things that will make this business model work for you
(9:22) - Meet all your leads again & sell them retail products
(10:15) - The 11 things that went wrong for Alex
(15:55) - Learn how to make a Grand Slam Offer
(19:17) - Tips on how and where to start with the tech side