Every day, like 10,000 old people retire and they just give up their businesses because their kids don't want to be plumbers or whatever it is. So there's huge opportunity right now to do that. And so people can mop these up for basically nothing. They roll them together and they sell it to the first kind of tier of private equity. Now another guy is going to take four or five of those guys and mop them into $25 million of top line and six or seven million dollars of EBITDA. And he's going to be able to sell that for 60 to 70 million. If you get one more, if you go from a 10 X to a
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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