Make $3000 A Day With Hard Money Lending | Ep 342

The Game with Alex Hormozi

Alex Hormozi

Entrepreneurship, Education, Business, How To

4.9 • 4.4K Ratings

🗓️ 2 November 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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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 Podcast where we talk about how to get more customers, make more profit per customer, and keep them longer, and the many failures and lessons we have learned along the way to $100M in sales. We've got roll-up-your-sleeves kind of hustle with a little bit of cleverness and a lot of heart.

Timestamps:

(2:40) - Here are some risk factors: “What if I don't get my money back from lending” & “How can I make sure to get the money back?”

(6:21) - Alex shares a story of a mishap that happened with funds between one of his clients

(7:35) - The more deals you do with someone, TRUST needs to become stronger. Trust is the most valuable name, which not everyone knows

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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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