Logo
    Search

    Why that person didn’t close...and how to use this one unstated fact to give you the upper hand in the sale | Ep 45

    enMay 04, 2018

    Podcast Summary

    • Understanding the customer's goals and current situation to bridge the gapEffectively bridge the gap between a customer's goals and current situation to build stronger relationships and close more deals by focusing on their motivations and understanding their past actions.

      Establishing a clear gap between where potential customers want to go and their current situation is crucial for successful sales. This concept is particularly important for marketers and salespeople, as those who have managed to get a prospect's attention have already overcome a significant hurdle. Once a person has expressed interest and signed up for a solution, it's essential to understand their motivations and goals (where they're trying to go) and their current situation (what they've done in the past). By bridging this gap, salespeople can effectively persuade potential customers and close deals. This process not only helps to elicit emotions but also allows for a more personalized approach, ensuring that the customer feels understood and valued. Ultimately, by focusing on the gap between where customers want to be and where they currently are, salespeople can build stronger relationships and close more deals.

    • Reminding of past dissatisfaction to create a gapTo persuade someone to invest, remind them of their past struggles and the reasons they sought a solution. Use probing questions to help them recognize the gap between their current situation and desired outcome.

      When trying to persuade someone to invest in a new opportunity, it's important to remind them of their past efforts and the reasons they may have felt the need to seek out a solution. This can help establish a sense of dissatisfaction with their current situation and create a gap between where they are and where they want to be. By asking probing questions and drilling down to the root of their motivations, you can help them recognize that if they had a truly effective solution, they wouldn't have signed up in the first place. This approach can be applied to various industries, such as gym ownership or weight loss, and can be an effective way to keep the conversation focused on the potential value of your offering.

    • Understanding past failuresTo help someone achieve their weight loss goals, first identify gaps in their previous efforts and acknowledge their struggles without blame to build trust and motivation.

      In order to effectively help someone achieve their weight loss goals, it's important to first understand why they haven't succeeded in the past. This involves identifying any gaps in their previous efforts, such as lack of support, inconsistency, or ineffective strategies. Additionally, acknowledging that it's not their fault for not knowing what it takes to reach their goal can help build trust and motivation. For those who may be more resistant to seeking help, it's important to recognize that they've come to you because they're not satisfied with their current situation and haven't been able to make weight loss sustainable on their own. By establishing the gap and addressing their past struggles, we can better understand their unique needs and provide effective solutions to help them reach their weight loss goals.

    • Helping potential customers acknowledge their strugglesAsk open-ended questions to reveal hidden challenges, reassure listeners they're not alone, and emphasize the importance of community in entrepreneurship.

      For harder sales, it's essential to help potential customers acknowledge their current lack of what they desire, as this creates an opportunity for you to offer a solution. People may resist admitting their struggles due to pride or ego, so asking open-ended questions can help bring these issues to the surface. By emphasizing that they've taken the initiative to seek help, you can reassure them that they're not alone and that they're taking a step towards improvement. Additionally, encouraging listeners to rate and review the podcast, and sharing the importance of word-of-mouth growth, emphasizes the importance of community and collaboration in entrepreneurship.

    • Understanding customer interestLeverage customer pain points to guide sales conversation, demonstrating the ineffectiveness of previous solutions to keep them engaged and make informed decisions.

      Having a potential customer express interest in your product or service gives you the upper hand in the sales conversation. This is because they have acknowledged that they have a problem and don't have a solution, putting you in a position to offer them a viable alternative. Cold selling, on the other hand, is less effective because the prospect may not see the need for your product or service. The salesperson should use this understanding to guide the conversation, highlighting the pain points the prospect has identified and blocking their exit by demonstrating that other solutions they have tried have not worked. Ultimately, the sales process is about helping the customer see what they cannot see and make an informed decision.

    • Persuasive communication and evidence are key to overcoming resistance to changeUse testimonials and results to convince potential clients of a solution's effectiveness and help them overcome doubts, leading to positive change.

      Effective communication is key to helping people recognize their need for change and making them understand the value of a solution. People often resist acknowledging their need for help because it makes them feel vulnerable. To overcome this obstacle, it's essential to use belief-breaking techniques and provide proof of the solution's success. By showcasing testimonials and results from satisfied customers, potential clients can be convinced of the solution's effectiveness and be motivated to take action. In essence, persuasive communication and providing tangible evidence are crucial in helping people overcome their doubts and make a positive change in their lives.

    • Leveraging the gap between client needs and business offerings for sales advantageIdentifying and addressing the gap between potential clients' needs and your business offerings can give you a competitive edge in sales. Use clients' struggles to position yourself as the best solution and learn from the process to improve your offerings.

      Identifying and addressing the gap between what potential clients want and what your business offers is a powerful sales technique. If you're in a group or community of business owners looking to grow their gym, it's likely that you all share a common goal but different solutions. The speaker in this discussion emphasizes the importance of acknowledging this gap and using it to your advantage in the sales process. He suggests that by reminding potential clients of their current struggles and the fact that they sought out your expertise, you can position yourself as the best solution to their problem. Additionally, he encourages business owners to learn from the process and offers a call sign-up for further explanation. Overall, recognizing and leveraging the gap between what clients want and what you offer can give you a significant edge in sales.

    Recent Episodes from The Game w/ Alex Hormozi

    Why You Should Document Your Business Mistakes | Ep 731

    Why You Should Document Your Business Mistakes | Ep 731

    "I can't keep repeating these same mistakes... I have to find a way to learn from this." In this episode, Alex (@AlexHormozi) breaks down the importance of documenting failures in business & the process he's been doing for over a decade that he attributes much of his success to.

    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.

    Timestamps:

    (0:52) An Interesting Thing Happened...

    (4:15) Small Business Owners Have This Problem

    (10:00) What I Learned From ALAN

    (13:25) How this helps with Content

    (17:39) Biggest Meta-Lesson

    (20:03)Document Everything Publicly

    (26:24) Bonus Q&A

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    9 Things Top Sales People Do Differently | Ep 730

    9 Things Top Sales People Do Differently | Ep 730

    "The perfect salesperson would take maximum calls, have maximum conversion rate, and have maximum consistency." In this episode, Alex (@AlexHormozi) breaks down the 9 things that top salespeople do differently. These are observations from building multiple 7 and 8 figure sales teams across his companies and the Acquisition.com portfolio.

    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.

    Timestamps:

    (00:39) - Maximise Hours (#1)

    (2:53) - Pull Up Calls (#2)

    (5:47) - The 2 Sop’s (#3)

    (6:40) -  BAM FAM (#4)

    (10:18) - Multiply Your Leads (#5)

    (12:50) - Pre-Call Prep (#6)

    (16:16) - Take Notes (#7)

    (17:17) - Talk Less Sell More (#8)

    (22:13) - Breathe The Script (#9)

    (26:10) -  Kill The Zombies (#10)

    (34:03) - Ask Hard Questions (#11)

    (36:55) - Ask Again (#12)

    (41:17) - See Everything As A Skill (#13)

    (42:07) - Kill For Sport (#14)

    (44:47) - Track Data (#15)

    (49:23) - Never Blame Circumstances (#16)

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    7 Obscenely Easy Ways to Get New Customers This Week | Ep 729

    7 Obscenely Easy Ways to Get New Customers This Week | Ep 729

    "These have made me millions of dollars." In this episode, Alex (@AlexHormozi) breaks down 7 different tactics for getting customer referrals, which are an incredible way of getting leads because they close at higher rates, stay longer, buy more, and also are usually FREE.

    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.

    Timestamps:

    (00:23) Ask customers who else they know after a sale

    (7:54) Offer a discount to customers in exchange for introductions

    (10:28) Offer more free services

    (11:07) Offer them money

    (12:52) Referral at success

    (15:02) Handwritten card

    (17:28) "Spouse program"

    (18:41) BONUS!

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    Are You Being Insulting Without Realizing It? | Ep 728

    Are You Being Insulting Without Realizing It? | Ep 728

    "Instead of talking sh*t behind someone's back, talk it to their face." In this episode, Alex (@AlexHormozi) shares the valuable distinction between insult and critique and breaks down how to have tough conversations with your team when you're trying to get better together.

    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.

    Timestamps:

    (0:44) Life changing concept

    (2:06) How do you give feedback without being insulting?

    (4:30) Mock critique conversation

    (7:10) Real story of someone who became an *sshole

    (13:45) How this can make organizations stronger

    (16:41) Closing remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    Maybe You're Not Good Enough (Yet) | Ep 727

    Maybe You're Not Good Enough (Yet) | Ep 727

    In this episode, Alex (@AlexHormozi) shares a brutally honest truth that you should consider. If you've been doubted, if you've lost a sale, if a conversation didn't go your way... That maybe it's not someone else's fault. Or the circumstance. Or a bias someone has against you. If you want to have the impact you say you want, maybe you need to get better.

    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.

    Timestamps:

    (0:40) Examples of "needing to get better"

    (3:17) It might not be because of bias

    (4:35) Examples from when I needed to get better

    (8:17) Get honest with yourself

    (15:58) "What would it take?"

    (21:30) Beat your victim mentality away

    (22:00) Closing remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    How to Build a Valuable Business You Can Sell Someday | Ep 726

    How to Build a Valuable Business You Can Sell Someday | Ep 726

    "Keep the Goose, Sell the Eggs." Today, Alex (@AlexHormozi) shares a valuable framework for understanding if your business is sellable, and if it has multiple components of it, which could be the most valuable aspects of it to sell.

    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.

    Timestamps

    (00:24) - Story of someone trying to sell his business

    (01:16) - The Golden Goose

    (03:24) - The Big Picture You Have to Understand

    (06:21) - How to Verify What Your "Goose" Is

    (9:56) - Mrbeast Holdco Example

    (14:38) - How Rollups Work

    (18:42) - Closing Remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    This Isn't Fun But it Will Make You So Much Money | Ep 725

    This Isn't Fun But it Will Make You So Much Money  | Ep 725

    "You can't be busy and be broke. Pick one." Today, Alex (@AlexHormozi) speaks about one of the core ways to scale as a small business - do the unscalable. It's a belief that holds many back that are scared of doing work that won't be feasible at a different revenue number.

    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.

    Timestamps:

    (0:43) - People being scared of doing the scalable

    (4:06) - You can't be busy and be broke. Pick one

    (4:40) - Two most powerful questions to ask your customers

    (11:30) - Don't copy the time management of rich people

    (13:30) - Doing the unscalable

    (20:13) - Closing remarks

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    Your Business Is NOT What You Think It is | Ep 724

    Your Business Is NOT What You Think It is | Ep 724

    “People don’t know the actual business they’re in.” Today, Alex (@AlexHormozi) dives into the core elements driving business success, emphasizing the significance of sales, marketing, brand, media, and distribution. Using real-world case studies, he illustrates strategic pivots and the importance of recognizing unique business challenges, offering invaluable insights for entrepreneurs, gym owners, software developers, and supplement companies.

    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.

    Timestamps:

    (0:22) - Understanding the gym business

    (2:54) - Lessons from the software industry

    (5:12) - The cleaning business revelation

    (8:52) - Scaling service-based businesses

    (12:48) - The hard truths of entrepreneurship

    (20:23) - Maximizing enterprise value

    (23:48) - Case study: The canned cocktail business

    (26:21) - The importance of repeat customers

    (30:42) - The hail mary strategy

    (36:13) - Confronting the real problem

    (38:09) - Concluding thoughts

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    How to Recover From Huge Mistakes in Business | Ep 723

    How to Recover From Huge Mistakes in Business | Ep 723

    "Messing up is a part of business.” Today, Alex (@AlexHormozi) discusses the significance of managing business mistakes effectively and transforming negative customer experiences into positive ones. He highlights strategies such as prompt accountability, issuing refunds, and delivering exceptional service, fostering loyal customers and boosting business reputation.

    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.

    Timestamps:

    (1:11) - Story 1: The bent gym equipment

    (2:41) - Story 2: The Ritz-Carlton experience

    (5:07) - Principles for handling mistakes

    (10:49) - The angry boat concept

    (11:54) - Going above and beyond

    (16:41) - Empowering employees to fix mistakes

    (20:50) - Turning mistakes into opportunities

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition 

    This Idea Will Make Your Business Unstoppable | Ep 722

    This Idea Will Make Your Business Unstoppable | Ep 722

    “It’s not that you have anxiety, it’s that you didn’t do the work that you know you should have done.” Today, Alex (@AlexHormozi) highlights the crucial role of thorough preparation in achieving success in various fields like sales, marketing, and customer success. By reshaping views on effective preparation, Alex provides valuable insights to help alleviate anxiety and imposter syndrome, ultimately enhancing performance and enabling listeners to excel in their endeavors.

    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.

    Timestamps:

    (0:37) - The importance of preparation

    (2:01) - Types of preparation

    (5:33) - Consulting and preparation

    (8:35) - Ad preparation and scaling

    (18:40) - Preparation for one-time events

    (25:12) - Final thoughts on preparation

    Follow Alex Hormozi’s Socials:

    LinkedIn  | Instagram | Facebook | YouTube  | Twitter | Acquisition

    Related Episodes

    075: Breathing Wrong Is Killing You #2 | Inverted Breathing Pattern, Mechanics of Proper Breathing, Feedback to Correct Your Breath

    075: Breathing Wrong Is Killing You #2 | Inverted Breathing Pattern, Mechanics of Proper Breathing, Feedback to Correct Your Breath

    What's up my Get Uncomfortable compadre!

    If you haven't yet, head to the review section of this podcast and leave us a rating & review if you find value in the show OR share the show with someone you know would enjoy it.

    Today is the second episode in a series I think is extremely needed in society. It will be about breath; the physical action, the psychological effect & problems that arise with improper breathing mechanics, posture effects, and more.

    I realized severe migraines I was having were related directly to improper breathing patterns and I hope this series helps you or someone in your life find relief from chronic anxiety or a multitude of physical ailments.

    The book I mentioned is The Body Keeps the Score and the author is Bessel van der Kolk, MD.

    I had what Paul Chek calls an inverted breathing pattern and its extremely detrimental to your health over the long run. Here is an article and video Paul put out to help correct an inverted breathing pattern and I cover these feedback methods in today's episode.

    Be sure to subscribe and stay tuned for the rest of this holisitc healing series!

    Until next time, go get uncomfortable.

    Connect with us by shooting us an email at info@enlightenedathlete.com

    Find us on Instagram HERE

    Check out our Enlightened Athlete website


    Support the show


    Until next time, go get uncomfortable.

    Schedule a free strategy call with us at EnlightenedAthlete.com to learn how we can help you remotely with exercise & movement programs, stress management, breathwork, and nutrition coaching!

    Connect with us by shooting us an email at info@enlightenedathlete.com

    Find Shae on Facebook HERE

    Find us on Instagram HERE

    Find us on twitter HERE

    015 Weight Loss and Inflammation Part 3 - Why Keto doesn't work for everyone

    015 Weight Loss and Inflammation Part 3 - Why Keto doesn't work for everyone

    The Keto Diet has been around for 100 years and has been "resurrected" and is now the hottest thing in the diet-nutrition world. But is it a fad? Will it be around in 10 years? And is it for everyone? The answers might surprise you. Hit the subscribe or follow button to be notified when new episodes drop.

    Rate and review your favorite episodes to let me know the things you like so I can keep delivering great content that brings value to your life and health.

    You can listen to the Inflammation Nation podcast on

    You can also watch on YouTube.

    Check out my online store for self-learning/DIY programs for thyroid, gut health and detox.
    You can use this form to reach out and request an Initial Consultation
    Visit my LabShop store to self-order the same tests I use with my one-on-one coaching clients.
    https://labs.rupahealth.com/store/storefront_3GMxe4p

    SOCIAL LINKS
    Instagram
    Facebook
    TikTok

    S2: E8 | Ft. Charley Reagan; Fitness Journey

    S2: E8 | Ft. Charley Reagan; Fitness Journey
    It's March. Most people have already given up on their resolutions. Don't do that. Donnie and Alex talk with Frater Charley Reagan (Iota-Kappa, Clarkson) about his own fitness journey. Listen in and get motivated again! Also, Alex is traveling, and Santos says, "Hey guys." So, that's different. 6:00 NBA Topshot update 8:00 Santos says, "Hey guys." 9:30 Alex Deserved It. 11:00 LSU Chapter Kills It On Recruitment (Secrets revealed!) 13:00 TKE.org/Phiredup (Go do it already, it's awesome.) 20:00 Rule of Three (Well... threeish) 21:10 I Love Creed - TKE.org/CreedHalftimeShow... Just Like This. 28:38 Where In the World is Zach Scott 37:00 Charley Reagan 52:00 What keeps you going? 1:04 Great Uncle Ronnie 1:07 Closing Thoughts