You can make money, lots of money without having lots of money. Another way is to sell something that's expensive that you never owned and be the salesperson like a $20 million house and get a million dollar commission. The concept of trading a future value is what it is. Underneath of that you can sell a hundred things that are ten thousand dollars, right? Which is two people a week for ten grand give a million dollar business. Now you're not making necessarily million dollars unless you have no employees but you have a milliondollar business. All I'm going to do with you guys now is look at every business against LTV in order to get real with you guys. And
All paths can lead to one million. Today, Alex (@AlexHormozi) shares with us the many ways a person can make 1 Million dollars. You’d be surprised by some of the ways he suggests and you’ll never know if one of these is for you.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
Timestamps:
(0:50) 1st-5th: Sell high, borrow, leverage contracts, earn commissions.
(4:56) 6th-9th: Tap into scarce resources, sell units, no-money-down deals, arbitrage.
(11:42) 10th-12th: Identify undervalued assets, sell high without ownership, sell high-ticket items.
(20:26) 13th-15th: Combine profitable elements, facilitate loans, promote others' products.
(24:40) Last method: Arbitrage between two entities for earnings.
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