One way to make a million dollars is to promote stuff that other people sell. You can do that if you don't have money and it costs you nothing, right? All it did is cost you the time to build the audience. With scale, you can make anything big in general. It's like 100 is not even an irrelevant number of statistical efficiency. People dramatically underestimate the amount of effort it takes to be successful.
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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