Gavel Playbook · Marketing

How to build a lead magnet that converts. Alex Hormozi's $100M anatomy, broken into 7 plays.

Most lead magnets are ignored PDFs. The ones that print money share a specific anatomy: a free mini offer that solves one narrow problem completely, then reveals the next. Here are the seven parts, in order, from a billion-dollar operator. Each cited to a timestamp.

Plays
7 cited plays
Source
Alex Hormozi
Read time
7 minutes
Updated
July 2026

Do it in this order

How do you make a lead magnet that converts?

A lead magnet is a free or low-cost mini offer that completely solves one narrow problem, then reveals the next problem your paid offer solves. Alex Hormozi's rule is that bad lead magnets fail, not lead magnets, so the anatomy matters. Build it in order: give value before you sell, solve one narrow problem completely, pick one of three types, choose the delivery, name it to sell itself, actually ask, and follow up fast.

The anatomy, in order

  1. 1 Give value before you sell. A free mini offer captures far more of your traffic than a bare book-a-call button (play 01).
  2. 2 Solve one narrow problem completely. So finishing it reveals the next problem, the one your core offer solves (play 02).
  3. 3 Pick your type. Reveal a problem, offer a free trial, or hand over one step of a bigger process (play 03).
  4. 4 Choose the delivery. Software, information, a service, or a physical item, whatever your audience will actually use (play 04).
  5. 5 Name it to sell it. Test headlines. The name drives engagement more than the content does (play 05).
  6. 6 Ask, then follow up. Make the next step explicit, and reach out fast, they already paid with their time (plays 06, 07).

Every founder has heard the advice: build a lead magnet. So they make a PDF nobody downloads, conclude the tactic is dead, and go back to a landing page that just says book a call. The problem is almost never that lead magnets don't work. It is that a weak one doesn't, and when you are starting out you cannot tell the difference. A great lead magnet is not a longer PDF or a cleverer freebie. It has a specific anatomy, and each part does a job.

This is not a list of 50 lead magnet ideas, and it is not a template pack. It is the underlying structure, drawn entirely from how Alex Hormozi, who built a portfolio past a hundred million dollars in revenue, actually teaches it: what a lead magnet is for, the three types, how to deliver and name it, and the two steps almost everyone skips. Fair warning, this playbook is itself a lead magnet. It solves one narrow problem completely, and if it does its job, it reveals the next one.

"Lead magnets don't work? No, they do. They totally do. Bad lead magnets don't work."

Alex Hormozi, on why the anatomy matters

The Anatomy

Seven parts of a lead magnet that actually converts.

01

Alex Hormozi · Alex Hormozi

Give value before you ask for the sale

Hormozi's starting point is the mistake he sees everywhere: a landing page whose only call to action is book a call or request a quote. That works if your audience is already warm and knows you. For everyone else, cold traffic sent to a bare ask converts terribly, because you are demanding a big commitment before you have given anything. His fix is to offer a free solution first.

Users are far more willing to trade their contact information for immediate, tangible value than for the privilege of being sold to. The lead magnet is not a gimmick. It is the value you give so that the ask has earned its place. Before you optimize your sales page, ask whether you have given the visitor a single reason, beyond your own convenience, to raise their hand.

A real, free win is that reason.

Steal it

Replace your book-a-call button with a free mini offer that solves one small problem. You will capture far more of the traffic you already have.

02

Alex Hormozi · Alex Hormozi

Solve one narrow problem completely (the mini offer)

The core of Hormozi's lead magnet is what he calls a mini offer: something free or low-cost that is a complete solution to a narrow problem. The two words that matter are complete and narrow. Complete, because a lead magnet that half-solves a problem breeds distrust. You want the person to get a real, finished win.

Narrow, because the whole design depends on what happens next. Once your mini offer fully solves its small problem, that success reveals the next problem, and the next problem is the one your core paid offer solves. That is the mechanism. You are not giving away your product for free.

You are solving one small thing so well that the customer discovers the bigger thing they now need, and trusts you to handle it. Pick a problem small enough to solve completely, and adjacent enough that solving it sells the next step.

Steal it

Define one narrow problem your lead magnet solves completely, and make sure solving it exposes the next problem only your paid offer fixes.

03

Alex Hormozi · Alex Hormozi

Pick your type: reveal, trial, or one step of many

Once you know the problem, Hormozi gives you three archetypes to deliver it, and picking the right one is most of the battle. The first is revealing a problem: showing the prospect something broken they did not know about, which creates urgency. The second is a free trial or sample: let them experience the actual value directly. The third is one step of many: hand over a single, genuinely useful step of a larger process you will complete for them.

Each builds urgency and demonstrates value in a different way, and the right choice depends on your offer. A diagnostic audit reveals a problem. A free tier is a trial. A single done-for-you template is one step of many.

What they share is that the prospect ends up better off and more aware of the gap only you can close. Choose the archetype that makes your core offer the obvious next move.

Steal it

Choose one of three types: reveal a hidden problem, give a free trial, or hand over one step of a bigger process. Do not try to give away everything.

04

Alex Hormozi · Alex Hormozi

Choose how you deliver it

A lead magnet is only as good as whether people actually consume it, and Hormozi lays out four delivery methods to choose from. You can deliver it as software or a tool, as educational information, as a service, or as a physical product, and these can be combined for greater impact. The point is to match the format to the value and to your audience's willingness to engage. A busy executive will not watch a two-hour course but might use a one-click tool.

A hands-on operator might love a template pack. A physical item cuts through digital noise. The format is not cosmetic. It decides how many people reach the win you designed.

Pick the delivery that gets the most of your target audience to the completed solution with the least friction, and do not default to a PDF just because it is easy to make.

Steal it

Match the delivery to the value: a tool, a piece of information, a small service, or a physical item. Pick the one your audience will actually use.

05

Alex Hormozi · Alex Hormozi

Name it so it sells itself

Hormozi is blunt about how much the name matters: it drastically affects engagement, often more than the content itself. A brilliant lead magnet with a flat name gets ignored. An ordinary one with a sharp, specific name gets downloaded. His method is not to guess.

Run small ad tests or get direct feedback from your target audience to see which headline actually resonates, then ship the winner. The name is a promise of the value inside, and the more specific and outcome-focused it is, the better it converts. Marketing Tips loses to The 5 Emails That Booked Us 30 Calls Last Month. Treat naming as a testable variable, not a creative flourish you settle in one sitting.

The words on the outside decide how many people ever see the value on the inside.

Steal it

Write five names for your lead magnet, then run a tiny ad test or ask ten target customers. Ship the headline that wins, not the one you like.

06

Alex Hormozi · Alex Hormozi

Actually ask: engineer the CTA

Here is the step almost everyone skips: actually asking. Hormozi says most creators fail not because their value is bad but because they never clearly ask for the sale. They give and give and then, out of some fear of seeming pushy, never make the request. His framing flips it.

The goal is to maximize the number of times you ask for action, and you earn the right to ask often by providing consistent value between the asks. Value buys you the ask. The ask is what actually converts. A lead magnet with no clear next step is a gift with no return address.

After you deliver the free win, tell the person exactly what to do next, make it easy, and do it every single time, not only on the rare occasion you feel you have banked enough goodwill.

Steal it

Make the ask. After you deliver the free value, tell them exactly what to do next, and do it every time, not just once you feel you have earned it.

07

Alex Hormozi · Alex Hormozi

The follow-up is where the money is

The reason the whole system works sits in Hormozi's psychology of the follow-up. When someone opts in for your free offer, they have paid you with their time, and that small investment is what makes them far more likely to pay with money later. It lowers the barrier. Instead of asking a stranger to make a big financial decision cold, you let them make a tiny, no-risk investment first, which primes the next one.

That is why the follow-up is not an afterthought. It is where the return lives. Most of the value of a lead magnet is captured after the opt-in, in the conversation that follows. Reach out fast, reference the win they just got, and make the next step feel like the natural continuation of a relationship that has already started, because it has.

Steal it

Follow up fast with everyone who opts in. They already paid with their time, which is exactly what makes them willing to pay with money next.

Read it for your situation

How to use this playbook

You have traffic but few leads
Start with play 01 (a mini offer beats a bare book-a-call) and play 02 (one narrow problem, solved completely). Give the visitor a real reason to raise their hand instead of asking for a big commitment cold.
Your lead magnet flops
Bring play 03 (pick the right type) and play 05 (name it, test it). Bad lead magnets fail, not lead magnets. Most flops are the wrong archetype or a flat name, and both are fixable in an afternoon.
You capture leads but don't convert
Start with play 06 (actually ask) and play 07 (the follow-up). Most of a lead magnet's return is captured after the opt-in. Make the next step explicit and reach out fast, while the win is still fresh.

Gavel's chat sits on top of all seven plays. Tell it what you sell and who you are trying to reach, and it helps you design the mini offer, pick the type, and name it, with the same timestamped citations you just read. It will not write your follow-up sequence for you. It will tell you whether your idea is a complete solution to a narrow problem, or just another PDF nobody will download.

Common founder questions

Frequently asked

What is a lead magnet?
A lead magnet is a free or low-cost mini offer that completely solves one narrow problem in exchange for a prospect's contact information. Alex Hormozi's key point is that solving that small problem should reveal the next problem, the one your paid offer solves, so the lead magnet leads naturally to a sale.
What makes a good lead magnet?
It solves one narrow problem completely, is easy to consume, and is named to sell itself. Hormozi's three types are revealing a problem, a free trial, or giving one useful step of a larger process. A good lead magnet leaves the prospect with a real win and aware of the gap only your core offer closes.
Why isn't my lead magnet working?
Usually it is not that lead magnets don't work, it is that this one is weak. Hormozi's line is that bad lead magnets fail, not lead magnets. Check that it solves a narrow problem completely, that its name has been tested, and that you actually ask for the next step and follow up fast after the opt-in.
What are the types of lead magnets?
Hormozi names three archetypes: reveal a problem the prospect did not know they had, offer a free trial or sample of the real thing, or hand over one genuinely useful step of a multi-step process. Delivery can be software or a tool, educational information, a service, or a physical product.
How do I name a lead magnet?
Test it. Hormozi says the name affects engagement more than the content, so run small ad tests or ask your target audience directly which headline resonates. Ship the specific, outcome-focused name that wins, not the clever one you personally prefer.

Have a lead magnet idea?
Pressure-test it against the anatomy.

Gavel won't write your PDF. Tell it what you sell and who you serve, and it helps you shape the mini offer, pick the type, and name it, citing the same sources you just read.

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