The Diary Of A CEO with Steven Bartlett

Podbit · The Diary Of A CEO with Steven Bartlett

The Man Who Made $100M Before 32: The Secret Was To Stop Letting Them Control Me | Alex Hormozi

Explore episode Jul 20, 2026

Where this was said

Why You Should Sell To People With More Money

At 1:35:40 · chapter starts 1:32:43

Hormozi presents US wealth distribution in the most visceral terms: the bottom 50% of Americans hold $2 out of every $100 in total wealth. Entrepreneurs who only sell to people who look like them are targeting a market with almost no money. Moving upmarket isn't possible overnight — credibility and track record must be earned — but the direction of travel matters. He then introduces the Van Westendorp pricing model: four questions that map the range from 'too cheap to be believable' to 'too expensive to consider.' AI can now run a Van Westendorp analysis in six minutes from raw survey data. The output tells you at what price you maximise sales volume versus at what price you maximise gross margin — and you can slice it by customer segment.

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