Category: Books

Lessons from Alex Hormozi’s $100M Book Launch

Alex Hormozi recently launched a book that sold more than three million copies in three days, smashing the record for fastest-selling non-fiction book, and raking in over $100M in sales.

It was wild.

It gets even crazier too, because his pre-launch marketing was cash-flow positive – meaning for every dollar he put into hyping the launch event, he pulled almost two out before the book was ever even released – and (the cherry on top) he also made the book available completely free, and still sold 3.6M+ paid copies in the first weekend.

Bananas.

I spent a bunch of time digging into his approach – reviewing dozens of marketing emails, analyzing offers, and watching hours of livestreams to figure out what we can learn.

The takeaways are useful for any product launch. We’ll talk about…

  1. What To ignore
  2. What People Are Missing
  3. Pre-Launch
  4. Launch
  5. Post-Launch

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1. What To Ignore

I’ve presented a talk based on these notes to a few different groups of people recently, and one of the first things that (justifiably) comes up is skepticism.

To give you an idea of just how wild this sale was in book-land, the previous record for fastest-selling non-fiction book was Prince Harry’s book, Spare, which moved about 1.4M copies in its first day.

Hormozi topped that in the first 90 minutes of this launch, and went on to roughly double it, selling ~2.8M copies in the first 24 hours.

Selling $100M worth of anything feels ludicrous, and people seem to look for reasons they could never do the same.

“How big is his audience?” they ask. “How much did he spend on marketing?”

Fair questions. But I’m going to encourage you to suspend them for a bit, and just focus on what you can replicate from his example, rather than things you can’t.

Because it’s true – Hormozi has a big audience, and a lot of money. He spend almost $4M marketing the launch alone.

BUT… We also know that those things don’t necessarily determine success.

Justin Timberlake, somewhat famously, had tens of millions of followers when his book launched back in 2018. Estimates are that it’s sold about a hundred-thousand copies since then. That’s ~3% of Hormozi’s launch weekend, with 14x the audience.

As for money, I mentioned this already, but Alex was able to make all of his marketing spend profitable.

He says he spent ~$4M marketing the launch, but made $7M in pre-sales as a result of that marketing alone. Daily spend looked something like this, according to him…

Based on these numbers, his marketing was, on average, returning ~175% of what he spent.

With those economics, it doesn’t matter how much you have to spend, you’re going to have an incredible launch.

It also means he didn’t need $4M cash sitting in a bank account (and neither do you). Mathematically, that first $22,806 was all he needed. In the real world, it’d be more (because money takes time to move between banks).

But the point here is simple – we shouldn’t let his $4M budget (or his 4M followers) scare us off.

Instead, we should take what we can learn from his example, and scale it up or down to fit our own resources.

So that’s what we’re gonna do.

And specifically, we’re going to look at the email campaign I got as a prospect heading into this launch. While it was just one of several levers he pulled, It was a big one. Thirty-four messages clustered over six weeks.

This is our bread and butter for the day…

2. What People Are Missing

I’ve gone through every single one of these emails, analyzing their goals, calls to action, where the links go, word-count, theme, and much else.

I’ve also watched hours of footage from the launch events, and taken notes on the different incentives used throughout.

After digesting all of that, I think the main thing people are missing when they talk about this feat is that it wasn’t really one launch. When you peel the layers back, it was three distinct campaigns, each with their own offer/goals:

  • Pre-Launch: In which the main goal is to drive RSVPs to the launch event
  • Launch: Focused on selling as many books as possible in a short time
  • Post-Launch: In which the goal shifted to onboarding long-term users to Skool, his platform SaaS product.

Here’s the crazy thing… I think you can make a strong argument that this entire thing wasn’t really about the books at all. That it was all about building the Skool user base.

But we’ll get there in a bit. First… Let’s look at pre-launch

3. Pre-Launch

The pre-launch was about five weeks long, and was focused on two things (in this order)

  • Driving RSVPs for the launch event
  • Pre-orders

Now it might seem weird that pre-orders was the second priority, but consider this – Alex sold 3.6M+ books in the launch weekend live events. He sold about 70k books in pre-launch (so less than 2% of overall sales).

The live event was the big money-maker here so it makes sense it’d be the priority for pre-launch, and you see that in how they incentivized RSVPs.

The chart above shows how many emails were sent to me in the weeks leading up to launch.

Two quick notes on this:

  • I don’t get many emails from Hormozi. Before this launch, I hadn’t gotten one since December ‘24, so I believe I’m in some sort of “less active” segment of his list and that probably has some impact on the campaign I got
  • It’s hard to tell from this graphic but the launch-week emails go way off the chart at this scale (19 emails in three days)

The pre-launch was a slow ramp, with just one email per week for the first three weeks, ratcheting up to one every other day in the two weeks before launch.

What was in those emails?

Well, they were pretty short. Generally under 200 words. And they cycled between three different themes:

  • Explaining The Book: Surprisingly, this was the least common theme. In the weeks leading up to the launch, Alex said almost nothing about what the book was actually about. Instead, he focused on…
  • Hyping The Event: These emails were focused on the logistics of the event itself – for example, sharing calendar links, clarifying time zones, or hyping mystery guests.
  • The VIP Offer: I said each phase had its own offer. For pre-launch, the offer was a series of incentives designed to make the event irresistible.

The image below gives a pretty good example of what the VIP offer looked like. Basically, if you signed up for the launch event, and either pre-ordered a book or referred one other attendee to the event, you got upgraded to VIP, which meant you got…

  • Priority delivery of your book (even if they stock out at launch)
  • A special livestream of the launch with Q&A access
  • A bonus workshop
  • A chance at winning 1 of 10 tickets to visit Hormozi

What’s interesting about this is that these are incentives pretty much anyone can replicate for pretty much any launch.

There was also a mystery gift that every attendee of the live stream would get. The phrase he used was, “Better than an NFT and less than a Bitcoin.”

One thing that struck me as I thought through these incentives was that they kind of fall into this interesting 2×2 matrix, where the incentive is either known or unknown, and the outcome – whether you’ll receive it – is too.

For example, when you promise all VIPs access to a bonus workshop, they know the incentive, and they know they’ll receive it if they show up.

A day with Alex is a known incentive, but unknown outcome (you may or may not win). And the mystery gift is the opposite – you have no idea what it is, but you know you’ll get it if you show up.

This mix of incentives creates both certainty that showing up should be worth your time (most incentives are in the known-known quadrant), along with enough mystery to pique your curiosity and hopefully get you to show up, even if the known-gift package isn’t enough for you.

The end result of all this was that there were a ton of people signed up for the launch (I saw figures everywhere from 500k to 1M+), and frequently more than 100k concurrent viewers during the event itself.

4. Launch

Ah, launch day. Let the onslaught of emails begin.

Over this three-day period, I got nineteen emails, and similar to the pre-launch, many were focused on nudging people into the livestream so they could see the offers presented long-form.

What were the offers?

Well, there were two (and this was brilliant).

At the opening of the launch event, Hormozi said that his goal was to appeal to two groups of people:

  1. The early-founder, struggling to figure it out
  2. The money-makers, who already run big businesses

He started with an offer for group one: Free access to the audio-boook, as well as a full e-course on his website that dives into the individual chapters. Also, a free bonus book, and 3 months of free access to his platform (Skool) followed by 90% off there for life.

Normally, I wouldn’t break down that offer in detail, since I don’t think the individual components are super important to you.

But there’s something really important happening below the surface here:

  • First, that’s an incredibly enticing offer to try Skool (more on this later)
  • Second, he’s building a lot of goodwill by giving all this value for free to the segment of his audience that doesn’t have a lot to spend. Goodwill that’s paving the way for the second offer…

At this point, he pauses his presentation, and basically says the following to the live stream (paraphrased): “Early-stage founders, I promised I would help you get closer to your goals today, and this (the entire book free + months of access to platform) is the best way I can do that. So are you going to be upset if I now incentivize the whales to buy a ton of fucking books?

Thumbs up all around.

He then lays out the offer for the big dogs (again paraphrasing): “Buy 200 books for six-thousand dollars, and I will throw in a bunch of cool extras.”

This is how he moved so much volume so fast.

The particulars are important – when you bought 200 books, they would be donated to founders who needed them. You could have as many as you liked yourself (just pay shipping and handling). But the main goal of the 200 book effort was to give them away to people who couldn’t buy them.

I could do a whole other post on the individual incentives he offered that high-price group. There were exclusive playbooks you can’t buy anywhere else. There were bonus webinars. There was an AI that was trained on his personal notes from hundreds of consulting clients. And more.

The particulars are a little beyond the scope of this piece, but suffice it to say, it was a play straight out of $100M Offers, an offer so good you’d feel dumb saying no.

In fact, the offer was so good, that when I watched the live re-play of the launch a week or so after it happened, all I could think was, “Fuck, I wish I had been there live.”

I would have dropped the money in a heartbeat, and figured out how to make it make financial sense later.

They moved 952K books in the first hour, and eclipsed the old record for fastest-selling non-fiction book thirty minutes after that. By the end of the first day’s live stream they had sold 2.7M copies, and the next morning, just 24 hours after the official start of sales, they’d more than doubled the old record, at 2,917,443 copies sold.

Then, he did probably the ballsiest thing I’ve seen anyone do in a book launch.

He went back on livestream, and did it all again.

The way the launch was marketed, all the early hype was around Day 1. There was never really any indication there’d be anything after that. But looking back, it’s clear that the plan was always a three-day launch, each with a marathon livestream.

The story I heard was that someone saw the launch of his last book – someone he respected, who made a lot of money selling things on TV – and told him, “The event was great, but it was too short. You’ll sell more if you go longer.”

So in typical Hormozi fashion, he went all in, with almost twenty-four hours of streaming over the three-day launch.

Day 2 was almost an exact replay of the day before – he even gave the exact same three-hour talk, word for word, before diving into a few hours of calls with readers for a bit of variety.

Day 3 was almost all reader calls. This dude sat down at a table for an eight-hour live stream, talking to different business owners until they crossed the 3.5M books-sold mark.

The last thing I’ll note about the launch days was the email timing.

The image below is kind of hard to make out, but it represents the 24-hour period for each of the three launch days. The green bars are when he was live streaming, and the black spots represent an email that was sent to the list.

In the inbox, there’s not a lot of clarity around why emails were sent when.

But mapped like this, a few things are clear (and help me think about how to handle my own launches in the future).

Day one is mostly geared towards getting people on the live stream in time to see the offers revealed. After that, it’s about selling in US time zones.

Day two the emails almost all come outside normal work-hours in the US. To me, this looks like they’re trying to hit the other side of the globe – catch people there while they’re awake.

Day three, interestingly, there are almost no emails.

So prioritize US in the main launch, then make sure you get global coverage before ending things. Emails slow as the launch comes to a close, and there’s not a big push at the very end (which is interesting – I assume they’re weighing the trade-off between likelihood of buying vs pissing off the list).

5. Post-Launch

Post-launch, the focus shifted back towards the Skool offer I mentioned above. Over the course of about five days, the team sent a handful of emails, nudging people into that offer.

On the surface, that may seem uneventful.

But it begs an interesting question: If this was a book launch, why not use that time and leftover attention to sell more books?

The answer, from my perspective, is that this was never really about the books at all (if you can believe it).

Yes, $100M in book sales is (very) cool.

But the enterprise value of adding hundreds of thousands of paying subscribers to Skool outweighs even a book launch this big.

Besides Hormozi doesn’t really need the cash. He’s built his entire career on running cash-heavy companies and has taken tens of millions in owner distributions and exits.

He even said the 200-book sale was a valid tax write-off for people who bought, suggesting all the money is going to some kind of non-profit rather than his main company (I haven’t dug into how this works yet, but will).

No, the book launch was essentially a well-engineered, profitable PR stunt that grew his influence, proved he knows what he’s talking about, signed a ton of people up for Skool, and eventually put 3.6M+ books in the hands of entrepreneurs who need them.

…And every single one of those ships with a flier for Skool tucked into the front page.

6. Final Thoughts

There’s so much more to talk about in this launch. We only really looked at one marketing medium, and didn’t dive deep into the psychology of the offers, or how things like book donations or attempting to break a world record worked to rally people to his cause in a way a typical product launch can’t.

I’ll probably be spending a lot more time with his work in the coming months.

But for myself, I’ve taken a few big things from this…

First, it reset my frame around how much should go into a product launch. Even if you’re not aiming for a world record, this has helped me think more clearly about what’s needed to get people to buy.

Second, it was a master-class in incentives, and offer creation, and I like how much of that was something I could copy in my own way.

Last, there’s something very interesting here about thinking through your long-term goals, and working them into a launch as well.

The Importance of Innovating On Content

On May 6th, 1835, from a cellar in downtown New York, James Gordon Bennett Sr. published the first-ever stock report based on information he’d gathered on Wall Street.

His brand new one-page paper was called The New York Herald, and it would change the content we consume forever.

When you think of old-time paperboys yelling, “Extra! Extra! Read all about it,” you’re thinking of Bennett’s work. He pioneered the so-called Extra edition, wherein papers would print more than once a day, updating stories as news unfolded.

He’s also widely considered to be the first person ever to publish an interview. If you can imagine that – it simply hadn’t been done before.

He invented the society column. He invented the stock sheet. He was the first publisher in America to be granted an exclusive interview with a sitting president, and the first to employ a European press corps, bringing unparalleled news from Europe.

During the civil war, he pioneered the use of maps to show troop movements – something we largely take for granted now.

He also had his reporters pour over southern newspapers, tallying up any mention of rebel troops or positions.

“The resulting list was, when published, so accurate and comprehensive that the Confederate war command arrested several clerks at its Richmond headquarters, on the assumption they had leaked secret documents.”

Literally the day after the war broke out, Bennett began publishing battle maps

All this wasn’t easy. These were the knock-down drag-out days of early New York media, and his opponents did a lot to try and keep him down.

Publishers boycotted any newsstand that did business with him (sound familiar?)

They refused money from companies advertising with him. On his honeymoon, they conspired to try and have his travel plans cancelled. Then later, worked hard to spread the rumor his son was a bastard.

Enemies even beat him up on the street in broad daylight (including, in one noteworthy instance, a candidate for district attorney whom his paper had put down).

None of it worked. Through his voice, and his innovative storytelling, Bennett had won the support of the people. He could speak directly to them. And they would not let The Herald fail.

“I never wish to be a day in advance of the people,” he apparently said.

Maybe not, but he sprinted ahead of his competitors.

By 1865, as he neared retirement, revenue had climbed to $1 million per year, which was as much as the next five competitors combined.

When his son took over, it would be America’s most profitable paper, and eventually afford the junior Bennett two Parisian townhouses, an 1,800-acre estate in Versailles with a palace on the grounds, a shooting estate in Scotland, a villa in Beaulieu-sur-mer with four private chefs, and a 314 foot yacht with three private staterooms just for him, each rumored to house a different mistress.

Oh… And a townhouse in Manhattan, a mansion on 182nd street, a country club estate in Newport, and of course, The Herald building itself.

It was, in short, very, very, very profitable to be good at capturing the attention of the masses. And the key to that seems to be a continual focus on innovating content.

All of this is chronicled well in a book I picked up recently, Battle of Ink and Ice.

The main storyline is about a historic dispute over who reached the North Pole first.

But it’s set against the backdrop of the newspaper wars of the late 19th and early 20th centuries, and for the last few weeks, it’s had me thinking a lot about content innovation, and whether we can lay down any firm rules on how to do that.

So far, I think I’ve found four…


I.

Sahil Bloom was the first person I ever noticed purposefully testing new content formats. Maybe you’ve seen it too – he tries different things, some catch on, then he repeats those (often with further small tweaks).

Pay attention to the dates, and slight format tweaks

Eventually, the world catches on, and people start copying.

I don’t think there’s anything wrong with recycling formats that seem to be working for other people. I’ve done it myself. BUT it’s important to realize the limitations.

I’ve never seen anyone get as big or bigger than Sahil by repurposing his hooks, and that suggests something interesting – that content formats are subject to the same “law of shitty clickthroughs” as ads.

If you don’t know the law of shitty clickthroughs, it basically says that people respond to novelty until the novelty wears off. A new ad format grabs attention, driving all sorts of traffic and clicks and buzz. Competitors copy it. And over time, people get used to it, and learn to tune it out.

It’s one reason growth teams are constantly experimenting with new ideas.

One issue with copying what’s working for other people is that by default, you’re joining further along the curve and get less time before the idea stops working.

But much more importantly, if you only copy others, you don’t form opinions about why something is working and what else might work. You’re reliant on others to keep your growth engine going.

It’s also hard to build a position as a leader if your audience notices that you’re always following someone else.

So the first rule I can see of content innovation is that you generally want to be at the front of the curve, trying new things. That will help you wring the most out of formats that hit, but it will also help you develop an opinion of your own around what to try, and that’s the most valuable part.


II.

Okay, so we agree that we should be “innovating” but what the hell does that actually mean?

Well, I’ll tell you what it doesn’t mean: It doesn’t mean you need to be completely unique, with never-before-seen ideas, and it doesn’t mean you need to be a million times better than everyone else. Trying for either of those is more likely to stall you rather than help you.

Instead, the winning formula seems to be “a little better, and a little different.”

This is where Mr Beast comes in. In his interview with Joe Rogan he talks about the exponential rewards that can come from small improvements in content:

If you get people to click your video 10% more, and watch your video 10% longer than mine, you don’t get 10% more views, you get like four times the views. You have to think exponentially.

Mr Beast

It can be hard to look at the small tweaks someone like Sahil makes – moving a semicolon here, changing a thumbnail, trying a different video title – and feel like that’s a valuable use of time.

That is, until you truly internalize the idea that small improvements can unleash enormous gains. A bit more engagement sends a signal to the algorithm that more people should see your stuff, and that snowballs.

But it’s not just about the algorithm. (Blegh, I hate the way we talk about that)

When you’re a little bit different, you’re no longer competing with everyone else. This again is why it’s better to be at the front of the innovation curve rather than further along it.

And when your stuff is a little better than what came before – a little more detailed, perhaps, or a little easier to read, a little more fun, etc. – you give the audience something to get excited about. And word of mouth will always be the most powerful algorithm out there.


III.

I swear this isn’t going to become the Sahil-Bloom-fanclub newsletter. But there’s one other important lesson I take from his recent work that I think is worth sharing.

These days, the main place I see him testing stuff is on Youtube.

He’s relatively new to the platform. At the time of this writing, his oldest video was posted just ~2 months ago.

I want you to pay attention to these view counts.

When he joined Youtube, he had over a million Twitter followers. An average tweet from him gets hundreds of thousands of views – often millions – and his newsletter list is 700k+ strong.

But on Youtube, he’s the new kid on the block.

Imagine that for a second.

Think about how hard it’d be to go thousands of likes and shares every day, to a few hundred views total. That ability – to ignore your ego while moving into new arenas – seems important to what we’re talking about here.

My prediction is that within a year, Youtube will be his biggest audience. But you can’t get that kind of growth unless you’re willing to repeatedly go back to basics.

In their book, Dual Transformation, the authors use the metaphor of a mountain range.

When you dominate a space, you stand atop a hill, and from up there, every other path looks like it heads down.

But there are bigger mountains than the one you’re standing on – emerging trends and competitors that will one day surpass you. If you’re not willing to at least put one foot on another hill, you’ll eventually become obsolete.

You have to be willing to go downhill in order to get higher.

Naval Ravikant put it similarly once. “When you look at the greatest artists and creators,” he said, “they have this ability to start over that nobody else does.”


IV.

I want to close this out by looking at Tim Ferriss for a second. I think he’s a fascinating person to learn from for two reasons:

  1. He’s stayed relevant for almost 20 years now, and…
  2. He tests a lot

If you know of Tim, you probably think of him as either a podcast host or author of The 4-Hour Workweek. But I’ve been following him since 2008, and he’s tried so many things in that time. To name just a few:

  • Ran one of the world’s top 100 blogs
  • Filmed 3 different TV series
  • Trialed a membership format
  • Trialed a monthly box-club
  • Runs a newsletter with 2m+ subscribers
  • TED and SXSW speaker
  • Wrote 5 books – including an NFT project called Cockpunch 😂
  • Launched a fiction podcast series for Cockpunch
  • Built apps for 4-Hour Body and Slow Carb Diet
  • Co-founded largest psychedelic research center in the world
  • The Tim Ferriss Book Club produces audio versions of famous books from other authors

Even within each of those things, he tests a lot of different formats, like his recent walk & talk interview with Greg McKeown (which I think podcasters will adopt en-masse as soon as someone figures out the tech to make it easy).

But most know him for just one or two things.

The lesson here is that over the course of your career, you’ll try a lot. Some of it will fail, a decent amount will be successful, and then a few things will be so overwhelmingly successful that they eclipse all your other work in people’s minds.

We don’t control what we’re remembered for. All we can control is what we put out into the world, and the effort that goes into making it better and different than what came before.

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