The Game with Alex Hormozi The Value of Experience in Entrepreneurship | Ep 541
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May 23, 2023 Discover the seven categories of products and services entrepreneurs can sell, whether physical or digital. Learn how to choose the right offering by assessing personal resources and customer value. Dive into the importance of leveraging personal experiences when transitioning industries. Plus, get introduced to the ‘Delivery Cube’ framework, a powerful tool for designing scalable business models. Maximize your product sales and profitability with insights from a seasoned entrepreneur!
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Seven Sales Categories
- Consider seven core selling categories: products, services, access, attention, risk, money, and endorsements.
- Each category has physical and digital formats, expanding your options.
Choosing What to Sell
- Choose products/services by considering your resources, skills, and the value you provide.
- Target the person you can offer the most value to at the lowest cost.
Leveraging Past Experiences
- Leverage past experiences, even indirectly related ones, for entrepreneurial ventures.
- Consider family background, odd jobs, or adjacent fields to gain a competitive edge.