Make $3000 A Day With Hard Money Lending | Ep 341
The Game with Alex Hormozi
Alex Hormozi
4.9 • 4.8K Ratings
🗓️ 2 November 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
Trust is the most valuable thing. Today, Alex (@AlexHormozi) talks about what hard money lending is, how this worked for him, and how investing almost $3000 per day gave him a lot of profit.
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:
(0:40) - The art of hard money lending: a lucrative strategy explained
(1:23) - Breaking down the deal: a $2.5 million investment unveiled
(5:38) - The power of trust in business: a valuable lesson learned
(9:06) - Reflections and tax implications: the true value of trust
(10:24) - Building a community of trusted partners
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Transcript
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| 0:00.0 | Real quick guys, if you can think about how you found this podcast, somebody probably |
| 0:03.8 | tweeted it, told you about it, shared it on Instagram, or something like that. |
| 0:07.4 | The only way this grows is through word of mouth. And so I don't run ads, I don't do sponsorships, |
| 0:12.1 | I don't sell anything. My only ask is that you continue to pay it forward, do whoever showed you, |
| 0:16.4 | or however you found out about this podcast that you do the exact same thing. So if it was a review, |
| 0:21.0 | if it was a post, if you do that, it would mean the world to me and you'll throw some good comment |
| 0:24.3 | out there for another entrepreneur. I made an investment that pays me $3,300 per day in profit. |
| 0:30.0 | Off of a single deal that was struck. Welcome to the game where we talk about how to get more customers, |
| 0:35.0 | how to make more customers, how to keep them longer, and the many failures and lessons we have learned |
| 0:38.8 | along the way. I hope you enjoy and subscribe. A hundred days ago, I made an investment that |
| 0:42.9 | pays me $3,300 per day in profit off of a single deal that was struck. And I told you about this at |
| 0:49.5 | the beginning of the deal, what was going to happen. And so I wanted to do this as kind of a part two, |
| 0:54.9 | of what actually happened in actuality. For those of you who don't know me, my name's Axiomose, |
| 0:59.8 | you know, acquisition.com. It's a portfolio of companies that is about $85 million a year. I |
| 1:04.0 | absolutely nothing to sell you. The reason for this channel is because I know a lot of people |
| 1:06.6 | are broke and I don't want you to be one of them. All right. So one of the things that I like a lot |
| 1:10.0 | is hard money lending. A big fan of it, it's private lending, which is basically like you are the bank. |
| 1:14.3 | And the reason I like this is because you can determine the deal structure, which means that you can |
| 1:19.2 | create the upside and the downside. And then it's up to the other party of whether or not they want |
| 1:23.2 | to accept that. And that's valuable because if you can control a lot of the variables and you can |
| 1:28.3 | mitigate downside risk, which if you've heard any of my stuff, the ultra wealthy out there, |
| 1:32.4 | it's not about trying to hit their upside. Like everybody who's poor buys lottery tickets because |
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