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Price - Profit - Value Relationship
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.
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.
I Offered $10,000 to Anyone Who Could Change My Mind | Ep 1013
Hormozi invites entrepreneurs to challenge rules he has offered publicly. The chapter at 5:23 concerns which customers to sell to. Another, at 24:16, asks how much a founder should stake on one decision. The debate format gives the challenger a concrete job: find a situation in which following the rule produces a poor result.