My First $500 Sale Changed My Life
Summary
- When I made my first $500 sale in 30 minutes, I realized the value of my time.
- I decided that any activity not generating at least $250 per half-hour was not worth my personal effort.
- After seeing the potential in high-value sales, I committed to outsourcing lower-value tasks like cooking and grocery shopping.
- I understood that one good sale could cover the cost of outsourcing for an entire month, making it a smart financial decision.
- Focusing on high-revenue activities allowed me to optimize my efficiency and business growth.
Video
How To Take Action
I would suggest starting by figuring out what your high-value tasks are — like the ones that make you a lot of money quickly. For me, it was making a $500 sale in 30 minutes. Do what I did: make a rule that you only focus on tasks that make at least $250 in half an hour. Anything else, give it to someone else to do.
You could do what I did next: Stop doing low-value tasks. For example, I stopped cooking, grocery shopping, and cleaning because when I made one big sale, I could pay someone else to do those things for a whole month. This is a big time saver.
To follow this plan, first identify what tasks make the most money for you in the least time. These are tasks where you're actually making deals or selling something big. Next, write down all the things you do that aren't worth that much money per hour. These might be chores or small tasks for your business.
Once you know your low-value tasks, find other people who can do them for you. This might be hiring a cleaner, using a meal delivery service, or getting a virtual assistant for your business. Remember, we're looking for changes that don't cost much but give you lots of time to make more money.
By doing this, you free up more time to focus on the tasks that really grow your business, making more sales. This is how you can be more efficient and make your business bigger. Always think, "Can this task make me at least $250 in half an hour?" If not, find a way to give it to someone else.
Start small, but think big. Even one task outsourced can give you more time for those big sales. Keep your goals clear, and you'll be on your way.
Quotes by Alex Hormozi
"I remember the first time I made a $500 sale and it took me 30 minutes"
– Alex Hormozi
"and anything that is not talking to someone in exchange for them giving me a credit card so that I can charge it and make $500"
– Alex Hormozi
"anything that makes me less than $250 per hour or per per 30 minutes I'm giving to somebody else"
– Alex Hormozi
"after that first sale I was like I'm never cooking again"
– Alex Hormozi
"I knew that in one sale I could pay for that person for the month"
– Alex Hormozi
Full Transcript
I remember the first time I made a $500 sale and it took me 30 minutes and I was like every hour of every day this is what I am going to do and anything that is not talking to someone in exchange for them giving me a credit card so that I can charge it and make $500 anything that makes me less than $250 per hour or per per 30 minutes I'm giving to somebody else and so after that first sale I was like I'm never cooking again I'm never going grocery shopping again I'm not cleaning again cuz I knew that in one sale I could pay for that person for the month
