"Pricing is one of those very interesting things because it's very tied to emotions.” Today, Alex (@AlexHormozi) breaks down a specific process for doubling the profit of a business in less than eight weeks. He explains the three options for doubling a business and discusses the importance of pricing and constantly testing it.
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:
(1:30) - Double business: more customers, higher prices, better retention
(3:00) - Double retention: best option for growth
(4:30) - Increase price for increased profit
(6:00) - Steps to increase price: survey, communicate, implement
Follow Alex Hormozi’s Socials:
LinkedIn | Instagram | Facebook | YouTube | Twitter | Acquisition
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