The key insight from the snip is knowing how to negotiate effectively by using the strategy of 'I can do it for more'. This approach involves confidently stating a higher price when the client requests a lower price. By doing so, it often results in the client settling for the initial amount or potentially agreeing to a price higher than the original offer. This tactic has proven to be successful in various sales situations, eliminating the need for prolonged negotiation and demonstrating assertiveness in setting and maintaining prices.
“The more you prepare for stuff, the more frequently you do it, the better you will get it preparing.” Today, Alex (@AlexHormozi) emphasizes the significance of thorough preparation as a key differentiator in achieving business success. Highlighting real-world examples, he underscores the need for a significant increase in both the quality and quantity of preparation to excel in tasks, overcome imposter syndrome, and improve overall performance and efficiency.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(0:36) - Redefining preparation
(3:21) - Preparation in content creation
(5:55) - The power of preparation
(8:53) - Scaling with creative preparation in advertising
(12:29) - The philosophy of preparation
(17:00) - Practical tips for effective preparation
(25:51) - Resetting expectations and embracing preparation
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