The Game with Alex Hormozi

The 4 Ways to Beat 99% Of Other Businesses | Ep 879

510 snips
May 5, 2025
Discover four powerful strategies to outshine 99% of your competition: speed, risk management, pricing, and ease of use. Learn how targeting efficiency can transform customer experiences and boost satisfaction. Hear engaging anecdotes that reveal how rapid service and consistency can shift market perceptions. Explore real-world examples like a privatized DMV and Spotify, showing how leveraging competitive advantages can lead to business success even in crowded landscapes.
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INSIGHT

One Vector Wins Business

  • You only need to dominate one of these business vectors: speed, risk, price, or ease, to beat 99% of competitors.
  • Speed is often the most critical vector since decreased action latency trains behavior effectively.
ADVICE

Boost Speed with Templates

  • To improve speed, create templates, pre-make products, and increase availability.
  • Removing decision-making and providing immediate access significantly speeds up business operations.
INSIGHT

Consistency Lowers Business Risk

  • Risk in business translates to consistency, reliability, and building a strong reputation.
  • Customers value dependable service enough to stick with it despite slightly higher prices or competition.
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