The Game with Alex Hormozi

Niches & Opportunities, Decision-Making, and Repetition (on Omar Elattar & The Passionate Few) Pt. 2 - Aug '21 | Ep 431

20 snips
Sep 3, 2022
Omar Elattar, the host of The Passionate Few, interviews entrepreneur Alex Hormozi about navigating business challenges. They discuss the critical importance of selecting the right niche and a unique decision-making framework that aids in tough choices. Alex emphasizes the significance of skill development through repetition and the value of personalized mentorship over traditional courses. The conversation also touches on the balance between pursuing money-making ventures and maintaining sustainable, health-focused business practices.
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ADVICE

Prioritize Product and Delivery

  • Focus on delivering exceptional results for your clients, like Alex Hormozi's clients making $30,000 in 30 days.
  • Prioritize the product and its delivery over intricate marketing funnels.
INSIGHT

High Ticket, High ROAS

  • High-priced products with substantial value can generate impressive ROAS (Return on Ad Spend).
  • Alex Hormozi achieved a 25-27X ROAS with his high-ticket coaching program.
ADVICE

Niche Domination

  • Choose a niche you understand and can dominate.
  • Don't be afraid to focus on a smaller niche and become the best in it, like Alex Hormozi in the fitness industry.
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