The Game w/ Alex Hormozi cover image

The Game w/ Alex Hormozi

Give More, Ask Less: Building Goodwill and Making Money | Ep 569

Jul 27, 2023
13:36
Snipd AI
The podcast discusses the importance of mastering the give-to-ask ratio when making money online, emphasizing the significance of providing value and building goodwill with the audience. It also covers integrating asks into long-form content, controlling supply and demand to maximize profits, and compounding growth for long-term success.
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Podcast summary created with Snipd AI

Quick takeaways

  • The key to making money online is mastering the give-to-ask ratio, providing value and building goodwill before making any asks.
  • In content creation, consistently providing value and maintaining a minimum three to one ratio of giving to asking ensures audience growth and avoids loss.

Deep dives

Mastering the Gift to Ask Ratio

Mastering the gift to ask ratio is crucial in online business. It is important to find the right balance between giving value and making asks. Gary Vee popularized the concept of 'jab, jab, jab, right hook,' which emphasizes giving before asking. The key is to provide valuable content consistently and only make an ask when someone reaches out to you. By giving in public and selling in private, you can build goodwill, gain reciprocity, and reinforce your brand.

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