The Ultimate Strategy for Business Growth: Alex's Hormozi's #1 Secret With $100M Leads Revealed
Introduction
In his newest book, "$100M Leads," Alex Hormozi reveals his number one strategy for business growth. This strategy has helped him close more leads, secure bigger deals, and even raise capital for a $20 million apartment. In a recent speech at a Bay Area Entrepreneurship Club, Josh Baldovino shares his own experiences and how he has implemented this strategy in his marketing agency and real estate investing ventures.
Key Takeaways:
1. "Give until they ask": The key to business growth is to provide value and give without expecting anything in return. This approach can help differentiate your business and generate revenue.
2. Differentiate yourself: Find unique ways to give that set you apart from your competitors. Whether it's through free services, personalized attention, or exceptional customer experiences, find ways to stand out.
3. Building relationships: By giving and providing value, you can build strong relationships with potential clients and partners. These relationships can lead to opportunities for collaboration and growth.
4. Persistence pays off: The speaker shares examples of how giving and persistence led to successful outcomes in his businesses. Don't give up, even when faced with challenges or setbacks.
5. Embrace the power of video: Using video as a marketing tool can be highly effective. By offering to edit and provide video content for free, you can showcase your expertise and attract clients.
Josh's Background
Josh Baldovino, a marketer and real estate investor, shares his journey from working in higher education to managing a marketing agency and investing in real estate. He emphasizes the importance of giving in every aspect of business and credits Alex Hormozi's book for putting this strategy into words. Josh's recent obsession with Alex Hormozi has led him to adopt the mantra of "Give until they ask" in all his business endeavors.
The Power of Giving
I believe that giving is the key to success in any business. What types of businesses are you all running? Service-based, product-based, software, or real estate? Regardless of our industry, I stress the importance of giving until someone asks. Let me share a couple of personal stories to illustrate this point.
Shockers and Snatches Clothing Brand
Back when I started Shockers and Snatches, a clothing brand in Hawaii, I wanted to stand out in a competitive market. So, for three weeks, I couch-surfed and visited CrossFit gyms across the state. I gave free t-shirts to coaches, snapped pictures and videos, and simply joined in on workouts. This act of giving eventually opened doors to partnerships and opportunities. We even organized a CrossFit competition and set up a gym at the Four Seasons in Oahu.
CrossFit Volition Gym
Another experience I had was starting CrossFit Volition gym. To attract customers and build a community, I decided to offer free community classes every Saturday at 9 am. No hard sell, just an invitation to try CrossFit and work out with others. Surprisingly, within two months, the gym became profitable – quite a rare achievement in the service-based gym business. The power of giving is truly transformative.
Applying the "Give until they ask" Mentality
After hearing about Alex Hormozi's strategy of "Give until they ask," I was inspired to implement this mindset in my own marketing agency and real estate investing ventures. I realized that giving is not only a powerful way to build relationships, but it also sets you apart from your competitors. So, I decided to put this strategy into action and see how it would impact my business growth.
Implementing the Strategy in my Marketing Agency
In my marketing agency, I started by offering free consultations to potential clients. Instead of immediately pitching my services, I took the time to understand their needs and provide valuable insights and recommendations. This approach not only helped me build trust with prospects, but it also positioned me as an expert in my field. As a result, I started closing more leads and securing bigger deals.
Applying the Strategy to Real Estate Investing
I also applied the "Give until they ask" mentality to my real estate investing ventures. Instead of solely focusing on making a profit, I started looking for ways to add value to the communities I invested in. For example, I partnered with local organizations to organize free workshops on financial literacy and homeownership. By providing valuable information and resources, I was able to establish myself as a trusted resource in the community. This not only helped me attract potential buyers and investors, but it also allowed me to make a positive impact on the neighborhoods I worked in.
The Results
The results of implementing the "Give until they ask" strategy were truly remarkable. Not only did I see an increase in revenue and business growth, but I also experienced a shift in the way I approached my work. Instead of solely focusing on my own success, I found joy in helping others and making a difference in their lives.
Building Stronger Relationships
By giving without expecting anything in return, I was able to build stronger relationships with my clients and partners. They appreciated the value I provided and saw me as a trusted advisor rather than just another business trying to make a sale. This led to long-term partnerships and repeat business, which further fueled my business growth.
Gaining a Competitive Edge
In a crowded market, standing out can be a challenge. However, by adopting the "Give until they ask" mentality, I was able to differentiate myself from the rest of other brands in the same market.
Conclusion
In conclusion, the #1 secret to business growth, as shared by Alex Hormozi in his book $100M Leads, is the concept of giving until they ask. This strategy has been instrumental in my own business journey, allowing me to close more leads, secure bigger deals, and raise capital for real estate ventures. Whether you have a service-based business, a product-based business, or even software, finding unique ways to give and differentiate yourself can greatly contribute to your success. By implementing this mindset of giving, I have been able to generate revenue, form partnerships, and grow my business in the marketing and real estate industries. If you want to learn more about marketing, real estate investing, and entrepreneurship, make sure to follow or subscribe for more valuable content.
