Business Was Hard Until I Understood These 4 Concepts

00:02 Identify the ideal customer to serve 01:55 Identify ideal customers for better profits 06:02 Businesses must solve the dilemma of needing money but also requiring ideal customers. 07:53 Business growth requires changing compensation and charging more. 11:40 Charge based on value, not based on wallet 13:37 Focus on quality inputs over revenue goals 17:25 Enduring short-term pain for long-term gain in business 19:12 Confront sticking points to avoid stagnancy and reputation damage. 22:54 Eliminate alternatives to show commitment 24:44 Commitment is key to the success of a diet, marriage, or business. 28:11 Success is not just about what works, but considering alternative paths 30:05 Businesses must sell better or recurring versions of their product to survive 33:48 Shift from blame to accountability for skill improvement 35:34 To survive, a business must solve key problems and adapt to changes.

Loved that laugh at “You’re scaling the problem, not the solution.” Honestly what a great line. Thanks for this video Alex!

I’ve been list3ning to Alex for 2 years. I went back on his first podcast and listened to everything. Almost 700. My business is not successful, and I do a maker work every day till 12PM. Sometimes more. I shifted my mindset to the input. As long as I do the behavior, i’m winning. I’m in a season of no and I work on week-ends. I have no idea how long it will take for me to succeed, but as Leila said, I will not be the reason why it didn’t work. Volume negates luck. More Better. PS: just to be clear i’m having the hardest and most fulfilling days of my life.

Alex is on fire 😂 he's not sleeping anymore, giving value is worth more than anything

I love how he's teaching honesty in business. I always had an imposter syndrome for even charging any price. But now that I think about it I used every trick in the book to get my leads and conversions. And didn't deliver on half of the promises. Basically I was a scam. I'll do better 🤝thank you alex

Alex you have helped me to achieve my dream of being self-sufficient as a musician. Everyone told me to become a doctor and to give up on music. Your value is true 🕊

I totally get the temptation to take on any client with a heartbeat and a credit card when you're starting out. It's survival mode, but eventually, you realize not every client is a good fit for your sanity or your bottom line.

Work once (live) then stream on all the platforms for ×1000 leverage. Thats the lesson.

Watching Alex's content at 3am hits different

This is great, I love this shift back to biz content. I know these are primarily recorded at the acquisition HQ, but it would be cool if there was a webpage where I could see Alex's upcoming presentations.

I just discovered your channel through this video. Case studies are extremely beneficial and I hope to see more in the future! Creating wealth includes developing habits, such as setting aside money on a regular basis for smart investments.

content idea: document someones starting/improving a business by mentoring

Hitting dislike so that the ops can't solve their problems.

Another banger! Thanks Alex. It's sad how difficult things have become in this recessive economy. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $250K-worth stock portfolio from decline, but haven't figured which way to go.

This is the best video on business I've ever seen. Thanks Alex.

The fact that this is free is crazy. This is so important and most business owners dont even realize it.

One of the best videos of Alex, although he already said that in other videos, but there’s something that was for me in this one. Tremendous value as always!

Thank you Alex . Lots to think about. Enjoyed listening .

Grateful for these videos! Excited to attend a workshop one day!

Always come away motivated. Thank you, Alex!