The Game with Alex Hormozi
The 4 Ways to Beat 99% Of Other Businesses | Ep 879
May 5, 2025
Discover how businesses can gain a competitive edge through speed, risk management, price strategies, and ease of service. Learn the importance of rapid delivery and quick feedback for enhancing customer value. Hear personal anecdotes about improving efficiency and fostering trust. Gain insights on how small details can lead to big wins in video production and service. Identify which vector to dominate for success and enhance customer experiences to stand out in crowded markets.
31:45
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Quick takeaways
- Focusing on speed allows businesses to respond swiftly to customer needs, delivering faster results and maintaining a competitive edge.
- Establishing customer trust through reliable results and minimizing perceived risk is crucial for fostering loyalty and driving growth.
Deep dives
Establishing Competitive Advantage Through Speed
Businesses can gain a significant edge over competitors by focusing on speed as a primary vector of competition. Speed encompasses both the quick delivery of services and the time required for customers to experience results, allowing businesses to respond swiftly to customer needs. For instance, a fitness program that achieves results in 10 minutes can be more appealing than a longer one that yields the same outcome. By streamlining processes and reducing execution time, a business can offer faster solutions, enabling them to charge premium prices and maintain a sustainable competitive advantage.
