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The Price You Charge Is How You Tell the World Your Work's Value
Alex Hormozi on YouTube ·
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Our reading notes on Alex Hormozi
How to Price a Service Business So It Actually Makes Money | Ep 1002
In a conversation about an event service, Hormozi asks how the team separately prices work such as sponsor and vendor management. He proposes a worksheet that turns answers about the scope into a quote. It gives the person preparing a proposal a way to show which responsibility changed the price.
Alex Hormozi on Becoming a Millionaire, Quieting Your Ego & Forgetting About Legacy
Howes asks Hormozi about ego, what makes a product better and when to discuss price. Together those questions offer a way to examine a difficult sales conversation. A founder can be proud of the work and still learn that a customer cares about a different result.
The Value Equation
Hormozi’s pricing worksheet separates the improvement a customer wants from their confidence in getting it. It also asks how much time and work stand between purchase and the first result. That distinction matters when a promising service loses buyers who doubt they can fit its setup into their week.