4.9 • 4.4K Ratings
🗓️ 19 August 2023
⏱️ 33 minutes
🧾️ Download transcript
“The person who needs the exchange less always has the upper hand.” In this episode, Alex (@AlexHormozi) discusses the use of scarcity and urgency as offer enhancers in business. He highlights the importance of using these tools ethically and the potential for increased profits by creating a sense of exclusivity and perceived value.
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.
Get your own copy of the book at acquisition.com/books
Timestamps:
(0:49) - Enhancing Your Offer
(11:56) - Scarcity
(24:25) - Urgency
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Click on a timestamp to play from that location
0:00.0 | Hey guys, welcome to the special collaboration between the game podcast and |
0:04.2 | $100 million offers the audio book. Today we're gonna talk about offer |
0:08.5 | enhancers, specifically scarcity and urgency. First off, the difference between |
0:13.5 | the two. Second off, the ethical ways of using them in business and the unethical |
0:18.0 | ways of using it, which I highly don't recommend long-term. You'll lose money. |
0:21.1 | So definitely use it the right way and make more money. That seems like the |
0:24.3 | best thing to do. Hope you guys enjoy and hey if this podcast has been useful to |
0:28.8 | you, share it with a friend. You know, I took a year to write this book and it |
0:34.2 | took me two days to record this audio book for you guys. If it takes you 15 |
0:39.3 | seconds to click share on this and send it to a friend or share it on your |
0:42.0 | stories, it would mean the world to me and it might even mean the world to |
0:45.4 | someone else. Section four, enhancing your offer, scarcity, urgency, bonuses, |
0:54.0 | guarantees, and naming. But wait, there's more. If you ordered today, every |
0:59.1 | informational in the 90s. May 2019 Arnold Schwarzenegger's home after school |
1:04.1 | All Stars fundraiser. The line of cars outside Arnold's house was around the |
1:08.4 | corner and we were in one of them. We were sitting in our Uber when a security |
1:12.3 | guard with an earpiece, black suit and black sunglasses knocked on the driver's |
1:15.8 | window. It was like straight out of a movie. The driver rolled down the window, |
1:19.7 | name Alex and Leila Hermosi. He scanned the list on his clipboard, nodded, then |
1:25.8 | checked off our names. Great. He said his demeanor transformed from stern to |
1:30.4 | inviting. Welcome to the fundraiser. Stay in this line. You'll make a left |
1:33.8 | then security will escort you the rest of the way. The security guard talked |
... |
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