The Game with Alex Hormozi
The 4 Ways to Beat 99% Of Other Businesses | Ep 879
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.
31:45
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Quick takeaways
- Focusing on speed in service delivery can significantly enhance customer satisfaction and provide a competitive edge over rivals.
- Reducing perceived risk through reliable service and guarantees fosters customer trust, leading to repeat business and a stronger market position.
Deep dives
Winning Through Singular Focus
A business can achieve success by focusing on beating the competition in a single key area. This approach can lead to dominating the market if multiple areas of competition are targeted. The concept emphasizes that businesses do not necessarily need to excel in every aspect; rather, identifying and excelling in one area can provide a substantial competitive edge. For instance, if a company focuses on delivering services or products quicker than its rivals, it can carve out a significant advantage.
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