How I make friends with BILLIONAIRES [5 Steps]

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How I make friends with BILLIONAIRES [5 Steps]

Alex Hormozi 05.11.2021 35 311 просмотров 2 259 лайков

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Download your free scaling roadmap here: https://www.acquisition.com/roadmap-yta150 The easiest business I can help you start (free trial): https://www.skool.com/hormozi Business owners: Want to scale faster? We provide in-person advisory for companies doing at least $1M per year: https://www.acquisition.com/workshop-yta150 If you're new to my channel, my name is Alex Hormozi. I'm the founder and managing partner of Acquisition.com. It's a family office, which is just a formal way of saying we invest our own money into companies. Our 10 portfolio companies bring in over $250,000,000+ per year. Our ownership stake varies between 20% and 100% of them. Given this is a YT channel, and anyone can claim anything, I'll give you some stuff you can google to verify below. How I got here… 21: Graduated Vanderbilt in 3 years Magna Cum Laude, and took a fancy consulting job. 23 yrs old: Left my fancy consulting job to start a business (a gym). 24 yrs old: Opened 5 gym locations. 26 yrs old: Closed down 6th gym. Lost everything. 26 yrs old: Got back to launching gyms (launched 33). Then, lost everything for a 2nd time. 26 yrs old: In desperation, started licensing model as a hail mary. It worked. 27 yrs old: "Gym Launch" does $3M profit the next 6 months. Then $17M profit next 12 months. 28 yrs old: Started Prestige Labs. $20M the first year. 29 yrs old: Launched ALAN, a software company for agencies to work leads for customers. Scaled to $1.7mmo within 6 months. 31 yrs old: Sold 75% of UseAlan to a strategic buyer in an all stock deal. 31 yrs old: Sold 66% of Gym Launch & Prestige Labs at $46.2M valuation in all-cash deal to American Pacific Group. (you can google it) 31 yrs old: Started our family office Acquisition.com. We invest and scale companies using the $42M in distributions we had taken + the cash from the $46.2M exit. 32 yrs old: Started making free content showing how we grow companies to make real business education accessible to everyone (and) to attract business owners to invest or scale their businesses. 34 yrs old: I became co-owner of https://Skool.com, which is a platform for people to build communities online, making a living doing what they love, with people like them. 36 yrs old: I did a $106M book launch selling 3.6M copies of my $100M Money Models book, in 72 hours, breaking the Guinness world record for the fastest selling non-fiction book of all time. Today: Our portfolio now does $200M/yr between 10 companies. The largest doing $100M/yr the smallest doing $5M per year. Our ownership varies between 20% and 100% ownership of the companies. Many of them we invested in early and helped grow (which is how we make our money - not youtube videos). To all the gladiators in the arena, we're all in the middle of writing our own stories. The worse the monsters, the more epic the story. You either get an epic outcome or an epic story. Both mean you win. Keep crushing. May your desires be greater than your obstacles. Never quit, Alex DISCLOSURE Information shared here is for educational purposes only. Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results may vary. Copyright © 2025.

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Intro

Would you like to know how to network with millionaires and billionaires? Well, having now met um a lot of uh billionaires in my life and try to build my own network of cool and interesting people, um I continue to get questions on this channel about how to do that. And so I wrote down kind of five rules that I have kind of lived by. And you know, my wife jokes about this. She's like, Alex is the networker of uh you

The importance of networking

know, between us. And a lot of the things that I've had happen in my life that have been good have happened as a result of a conversation or a connection that I've had um from someone I've met randomly, right? And so I think that there's something to be said for having a deliberate process for networking without seeming like a skis, right? Um which is just like how can I meet cool people and just improve their lives while also improving my life. I know the saying like your net worth is your or net worth. I'm not sure how much I believe that, but I do think that a lot of the big things in my life happened as a result of other people. All right, so here are the five rules uh that I will share with you that and there's two of them that are really good uh number like four and five that I highly recommend and I don't hear anyone else say. All right, so the first one really simple is

Step 1 Remember their name

whenever someone introduces themselves, you always want to make sure that you remember their name, right? And so what I do is whenever I shake someone's hand, I say their name and I keep saying it in like the beginning of every sentence I say. Um, and I do it that way because I want to say it like 10 times throughout the conversation and it'll stick with me and I'm usually pretty good at remembering names and people remember that it's their favorite word in the in whatever language someone's in. Their own name is their favorite word to hear. All right? And so you want to say it to them as much as you can because then they will know that you cared and you gave them respect and made them feel more important. All right? So number one is you always remember the

Step 2 Get their contact info

name and you say them a lot of times. Number two, you got to get the contact info and otherwise like you know you're not going to actually have the network. So what I do when I get someone's uh contact info is I immediately text them and I text them some sort of funny anecdote about myself or the conversation we were just having, right? And so for me it might be like I'll say their name and my name in the text because sometimes you forget to save the contact. All right? Uh so it's like Alex Fromoszi uh mustache gym guy, right? Or something like that, right? I would say something in that vein and then I would say uh nice to meet you and then you know Sam Gami whatever right and so by doing that they see I see both names are there they know relevant stats about me and if you want to be extra bonus put their stuff in there too um furniture dude whatever right and so that way you one you gained rapport with them early on two you got their contact info and the thing is when they look back at that text thread later if you can get them to laugh a little bit they'll remember oh yeah that was that cool guy or that funnier or you know that dude who was relatively upbeat and pleasant so uh I would like to contact him again in the future right now rule

Step 3 Provide value first

number three always provide value first unsolicited all right so this is a key point if you had a conversation the goal of the conversation should be to figure out how you can provide value to the person not what that person can do for you all right it's a big one the goal and if you really want to truly build a great network you have to give first and it unsolicited. All right? So, it's like, "Hey, I know you were talking about this. I pulled up a bunch of these suppliers that I've worked with in the past. I thought this might be valuable for you. " And honestly, the more work you do in this unsolicited give, the more people respect you and want to do business with you and keep you in their lives because you provided value first. All right? It's a key point. You provided value first. Sorry about the smudgy weirdass camera Rule number four, and this is the biggest one. This is like my biggest secret to uh networking. So, write this down. Always

Step 4 Say yes to the first ask

say yes to the first ask. All right? The reason it's so important is that people like people aren't going to try a lot of times to be your friend. If you met up at a networking event or you met at a mastermind something, right? And the ne the first ask could be like, "Hey, let's touch base next week on a Zoom or hey, let's meet up in person. " Or, "Hey, I'm in town where you're at. You want to grab lunch? " I always do everything in my power to say yes to the first yes. Which means that sometimes I'll move stuff that's already there to accommodate the first meetup. All right? Because I have learned this and I learned this really early in my life that people will only ask once. And most times if you don't get that first ask, they'll never ask again. Right? And so we want to take advantage of now if you're on the asking side, the key is to ask many, many times, right? But if you're on the receiving end, say yes to the first ask. So the two sides of that one are say yes to the first ask and if you're the one who's asking ask multiple times because sometimes life comes up and sometimes the people uh that will end up being huge players in your life later sometimes they just get busy and it has nothing to do with you. Rule four, always say yes to the first ask. And

Step 5 Never ask for anything

rule number five, never ask for anything. Just don't do it because they'll immediately assume that you are trying to use them for something. All right? And so if anything, if you need help on something and you're hoping that someone will help you, then what you can do is when you're catching up, you can describe a problem that you're currently dealing with. If you have any level of rapport and this person wants to have a continued relationship with you, they will usually offer help to help you out. All right? And so what you can do is don't ask them for anything. You can describe a problem that you're dealing with and talk about it. And then usually they will make uh a reasonable ask. And this is why giving first is important because people are reciprocal in nature. If you give and you give well and you give unsolicited early and you never ask for anything, people will find a way to give back to you. Unless the person really doesn't want to be your friend, in which case you don't need to be friends with them because at the end of the day, if you want to have a network that you actually enjoy, then you want to network with cool people who you know are reciprocal in nature and want to give back to. So those are the five rules for networking that have served me very well. The last two especially are probably the most important, which is never, you know, always say yes to the first ask or ask multiple times if it's you. um and never ask for anything uh in ter from them because then they will always see you as a positive force of giving that is always just helping them out and they will be more inclined uh to to build a relationship with you in the future and want to do business with you. All right, so there's the five rules for networking uh Mosy Nation. Uh keep being awesome. If you guys don't know who I am, uh my name's Oxy. I'm anacquisition. com about $85 million a year. So keep being awesome. I make these videos a lot of people broke and I want you to be one of them. All right, see you next video. Bye.

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