Build with Leila Hormozi

The Entrepreneur Skills Tier List | Ep 83

25 snips
Oct 24, 2023
Dive into the must-have skills for entrepreneurs as they are ranked by Leila. Discover why sales tops the list, followed by critical areas like finance and offer development. Explore the nuances of communication and human resource development. The importance of negotiation and effective hiring practices is highlighted. Get insights on mergers and acquisitions alongside marketing strategies that can propel your business to new heights.
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ADVICE

Prioritize Sales

  • Focus on sales first; it's the bridge between marketing and your product.
  • Be honest and truthful with customers, stating facts about your offerings.
ADVICE

Finance Basics

  • Understand key financial numbers: revenue, margin, and net margin.
  • Outsource P&L creation initially and focus on using the data to drive sales and marketing.
ADVICE

Offer Development

  • Master offer development: how you package, price, and present your goods and services.
  • Consider value maximization for the customer, aligning incentives and reducing risk.
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