Most entrepreneurs unknowingly price themselves into failure. They’re not premium enough to charge top dollar… but not cheap enough to compete on volume either. That’s called Death by the Middle — and it’s the worst place to be in business.
In this episode, Dan Lok reveals why trying to appeal to “everyone” is a recipe for disaster, and how choosing the wrong pricing strategy can destroy your margins, your growth potential, and even your freedom.
You'll learn:
Why being stuck in the middle is not a coincidence — it's a decision
How Walmart and other giants use loss leader tactics to wipe out smaller players
Why high margins mean fewer headaches, better clients, and sustainable growth
How Dan scaled to hundreds of millions without outside investors — and how you can do the same
Whether you're selling products or services, this is a wake-up call to get clear on your positioning — and claim your place at the top or bottom. But never the middle.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.