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How to Network with Billionaires | Ep 502
The Game w/ Alex Hormozi
The Number One Rule of an IOU
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Building strong, valuable relationships is more impactful when focusing on a few significant individuals rather than spreading oneself too thin. By giving without expecting immediate returns, one can learn valuable skills and make huge leaps in their professional career. When asking for help in return, it should be done with humility and without explicit expectation. The key rule of an IOU is to never expect anything in return and not to publicly acknowledge or remind the person of the favor. It should always be framed as a question and followed up with additional value before making an ask. Being a giver in a network of givers leads to mutually beneficial relationships and opportunities, even though most people are takers or matches. Ultimately, building a community of valuable individuals takes time, but the rewards are significant.
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