The $950,000 Debt

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  • Опубликовано: 21 окт 2024

Комментарии • 310

  • @FASTDTpodcast
    @FASTDTpodcast 3 месяца назад +962

    If that blows his mind, wait until he finds out about his trillion dollar bill from ignorance.

    • @kamichikora6035
      @kamichikora6035 2 месяца назад +5

      😂😂😂😂😂😂😂

    • @shawnfrahm5394
      @shawnfrahm5394 2 месяца назад +3

      Lmao 😂

    • @lordbunbury
      @lordbunbury Месяц назад +7

      “You think that’s bad …”

    • @ramzimarrouch8646
      @ramzimarrouch8646 Месяц назад +1

      😂😂😂😂😂😂😂

    • @LicenseToTill
      @LicenseToTill Месяц назад +6

      Very good. I get his point but it's a flawed logic. Of course I would like to know how to make a million a year.

  • @mawuliklutse7652
    @mawuliklutse7652 4 месяца назад +1071

    When you realize all of these things are sales tactics geared towards getting you to make them rich , you stop taking it seriously.

    • @BrandonPaulLee
      @BrandonPaulLee 4 месяца назад +123

      No. It’s to help YOU become the person who can BE rich. The person presenting the offer is gonna remain wealthy whether anyone in the room took it or not. The only reason they were in a position to make offers like that in the first place is because they created enough value by solving enough problems for enough people over a consistent enough period of time that they could teach it to people who wanna know and are willing to put in the work to do the same.
      At the same time, I completely understand that not everyone presenting these kinds of offers has pure intentions in the ability to really deliver. I get that it’s far more important to have a way of a valuating the person separate from the offer itself. Simply passing judgment based on the language is a cynical approach that is very costly.

    • @prashantduggal8235
      @prashantduggal8235 4 месяца назад +32

      I’m so glad someone else has sense. All RUclips is are con artists posing as entrepreneurs saying the dumbest things in as many different ways as possible😂

    • @KurshotAkyuz
      @KurshotAkyuz 4 месяца назад +44

      False. Most of the guys selling you this stuff have also invested hundreds of thousands into courses, seminars, masterminds, communities, etc. Hence why they’re making a shit load of money now.
      You’re gonna pay either way… either with money or time. You’re paying them to speed up the process of learning what you have to learn to understand the right way to do shit.

    • @dimplegaming33
      @dimplegaming33 3 месяца назад +10

      Room temp take

    • @Bravomaster1
      @Bravomaster1 3 месяца назад +2

      Like 999 million is the reason you are not a billionaire . lol cost who?

  • @mikecantreed
    @mikecantreed 2 месяца назад +20

    It’s amazing how much time these gurus who are running super successful businesses have to post on RUclips

    • @Kaycegamez
      @Kaycegamez 10 дней назад +2

      That’s basic marketing, be smart enough to know no one’s right 100% of the time, you gotta take everything everyone says with a grain of salt and use your own deductive skills and experience to make decisions instead of blindly following a couple dudes online.
      That’s no different than basing your life around Walmart, Starbucks, PlayStations and phones

  • @ACOFG
    @ACOFG 3 месяца назад +430

    Thats some real gaslight bs right there

    • @american236
      @american236 24 дня назад

      😂😂 TRUE.

    • @Prohortico
      @Prohortico 11 дней назад +1

      Now, buy my $10,000 course… literally how they get people to justify these purchases!

  • @hectorhernandez8730
    @hectorhernandez8730 4 месяца назад +277

    Yeah but then you have to fight the final boss the irs

    • @NathanClark-fc4ln
      @NathanClark-fc4ln 4 месяца назад +1

      😭

    • @jenninemorel7693
      @jenninemorel7693 4 месяца назад +3

      Nope; you hire a smart accountant that can show you how to allocate pre-tax dollars to reduce taxable liability.
      Tax planning should be proactive.

    • @hectorhernandez8730
      @hectorhernandez8730 4 месяца назад

      @@jenninemorel7693 and how much would one cost

    • @David-jc5jf
      @David-jc5jf 3 месяца назад +4

      Joker once said about the IRS:
      "I'm crazy enough to take on Batman, but the IRS? Nooo, thank you!"

    • @eric8841
      @eric8841 2 месяца назад

      There is no fighting the irs lol

  • @spikeboy101
    @spikeboy101 4 месяца назад +618

    Shame on me, I've been paying a 9,999,950,000 bill a year

    • @ayushWi
      @ayushWi 4 месяца назад +12

      I'm paying a bill of 999,999,999,999,100

    • @sockpastarock7082
      @sockpastarock7082 3 месяца назад

      I'm paying infinity billion dollars, guys.

  • @TyTalks2020
    @TyTalks2020 3 месяца назад +63

    But... It doesn't COST me anything... I have NOT been paying that amount. Just because I don't get the benefit, doesn't mean it's a negative. I haven't lost if I haven't gained... Neutral events are a thing.... You're missing out on potential gains... That is NOT a LOSS. You can not lose something that you never had.

    • @ranguy1379
      @ranguy1379 3 месяца назад +6

      It is a loss to people like him and me

    • @adamsales
      @adamsales 2 месяца назад

      says mr rich guy :)

    • @TyTalks2020
      @TyTalks2020 2 месяца назад

      @@adamsales Talking about Alex or me?

    • @donnieledbetter780
      @donnieledbetter780 2 месяца назад +3

      Thinking that way will keep you where you are.

    • @TyTalks2020
      @TyTalks2020 2 месяца назад +2

      @@donnieledbetter780 Not even a little bit. My company has grown consistently over the last 4 years and not once have I sat down and been like. "Man.... I'm losing $999,950,000 a year because I'm not doing X."
      No. I'm not actually LOSING that money. I'm not actually PAYING anything with that money. I'm not a billion dollar company. Oh well.
      You not having something ISN'T A LOSS. You're basically saying "man.... All these women I've lost by being with my wife.... You know, the women that I never had..." yeah sure, you lost women you've never had by being with your wife... One of the dumbest things I've ever heard.

  • @MrCharrrles
    @MrCharrrles 4 месяца назад +132

    Nice sales tactic

    • @ktsteve1289
      @ktsteve1289 4 месяца назад +1

      Exactly, nothing more than “do you want to be rich?”

    • @michaelrooney9340
      @michaelrooney9340 4 месяца назад +14

      Yup. And the number is completely arbitrary. Why not 100 million, why not a billion? How much debt is Alex in because of his huge bill of not knowing how to make 10 billion a year?

    • @MortonBakerDMD
      @MortonBakerDMD 3 месяца назад +2

      He pays $250k per year just to be a part of one mastermind group. The dude is serious about educating himself. He's not selling you anything. He makes money by taking a percentage of companies to help them scale. Essentially it's a venture capital fund without giving capital. He gives skill. These have been around forever, but he's the first one to make himself the huge face of it. At least on social media. Lots of guys did the same thing in Dan Kennedy's coaching groups but at a much smaller scale.

    • @alexk3352
      @alexk3352 Месяц назад

      @@MortonBakerDMD”mastermind group”? Lmao. Some of you are really gullible.

    • @alwinsanthosh6878
      @alwinsanthosh6878 3 дня назад

      ​@@MortonBakerDMDmy God yall are actually clueless

  • @drbigmike
    @drbigmike 4 месяца назад +313

    And to think of all the people that will tell you “I need to think about it,“ while wasting another year of their life.

    • @4Mikes4Mindset4
      @4Mikes4Mindset4 4 месяца назад +3

      Fact 👍🏼

    • @keller8821
      @keller8821 3 месяца назад

      Yea cause they aren’t willingly to pay for nothing. Course shilling bros are the bottom of the barrel scum because they are making money from selling courses or classes, not by using the method they are selling. Classic MLM scheme

  • @NadaSurferTube
    @NadaSurferTube 4 месяца назад +150

    I secretly think about this one every day since I first heard Alex say it.

  • @ivanantich440
    @ivanantich440 3 месяца назад +3

    YOU just changed my life

    • @neildiamond53
      @neildiamond53 3 месяца назад +2

      Realistically, how did this actually change your life?

  • @groundsurvivalstudygracieg4034
    @groundsurvivalstudygracieg4034 3 месяца назад +3

    The same question with 10k/mo has changed mine. I'm not there yet but I'm on the way - delaying gratification with a longer extinguish curve.

  • @THI_EXTERNAL
    @THI_EXTERNAL 4 месяца назад +3

    A very good sales tactic, use it to SELL GOOD PRODUCT (up to you)

  • @linusadhikariABG
    @linusadhikariABG 3 месяца назад +4

    What an amazing perspective. You inspire every day Alex. Thank you

  • @Madchris8828
    @Madchris8828 4 месяца назад +38

    This could come off as discouraging, but just remember everyone has to start somewhere. Hell you don't even have to make a million dollars a year to be in the one percent either

    • @Hallofax
      @Hallofax 4 месяца назад +6

      Who even says you have to be 1%? A 200k salary in the Midwest would make you very comfortable

    • @Madchris8828
      @Madchris8828 4 месяца назад +2

      @@Hallofax totally agree with you 👍

  • @nathanh.4263
    @nathanh.4263 3 месяца назад +4

    Oh let me guess, the way to learn and to not be ignorant, is to purchase his online course for 199.99 which is currently discounted from 1200.00.

    • @philliphuffman
      @philliphuffman 2 месяца назад

      Or... you could keep watching the free content, leverage that, and improve until you hit one of those personal development walls that needs an outside perspective but by then, you'll probably be alot better off and part of one or more groups that can help with perspective problems without hiring an expensive coach.

    • @nathanh.4263
      @nathanh.4263 2 месяца назад

      @@philliphuffman Chill daddy, my comment was satire.

    • @varietygiftsunlimited
      @varietygiftsunlimited 11 дней назад

      @@philliphuffmanis it possible to recognize when you’re at a personal barrier and need outside perspective ?

  • @TravFlipsFurniture
    @TravFlipsFurniture 2 месяца назад

    Your hat matches your outfit perfectly. I love it

  • @leventsurenkok8105
    @leventsurenkok8105 4 месяца назад +4

    This was intense congrats Mac 🎉

  • @Kaybo_Real
    @Kaybo_Real 4 месяца назад +1

    Man, that opens your eyes, master selling tactic too

  • @justshowup6207
    @justshowup6207 4 месяца назад +5

    If we all made a milly, then it would be zimbabwe all over the world.

  • @MultifamilyPro1911
    @MultifamilyPro1911 Месяц назад

    Great content.

  • @angelenevlogs8480
    @angelenevlogs8480 9 дней назад

    This is awesome!

  • @hawkmoonism
    @hawkmoonism 2 месяца назад

    Wow, so unbelievably it’s unforgettable.

  • @addisonparker921
    @addisonparker921 24 дня назад

    Wow, amazing stuff.

  • @lnicko
    @lnicko 3 месяца назад +1

    Detrimental to someone on $50,000 annually.Not helpful at all!

  • @SamLee-ds7fi
    @SamLee-ds7fi 2 месяца назад +1

    Look the point is people can and do make a million a year.
    The problem is they dont teach that in conventional schools or college. Thats training you to be an employee

  • @ButtmanAtHeart
    @ButtmanAtHeart 3 месяца назад +38

    Useless sales rhetoric. Thanks Mr. Hermozi. This is life changing

    • @drfunkinstein1
      @drfunkinstein1 2 месяца назад +5

      At this point I can't tell if his videos are real or satire.

  • @loumason6120
    @loumason6120 4 месяца назад +27

    Sounds like the guy was desperate to sell his regurgitated info

  • @daveirvine609
    @daveirvine609 2 месяца назад +3

    Bro presenting to empty room

    • @robbratcher4675
      @robbratcher4675 2 месяца назад +1

      And he makes 17m per month

    • @MiniNinja258
      @MiniNinja258 Месяц назад

      In these days it’s the most smart and efficient way because more people will see it than a whole auditorium.

  • @danstrayer111
    @danstrayer111 2 месяца назад

    a failure to gain is not the same as a loss.

  • @ceo_insightss
    @ceo_insightss 2 месяца назад

    What a way to put it!

  • @ethanmoore6651
    @ethanmoore6651 3 месяца назад +2

    That is some serious word soup right there

  • @CaioBrazVS
    @CaioBrazVS 4 месяца назад +18

    He heard this from Myron Golden at Funnel Hacking Live - Russell Brunson's event. Alex Hormozi is the man. Myron Golden is pure gold. Russell Brunson is wonderful too.

    • @jamescarbon3853
      @jamescarbon3853 3 месяца назад +5

      When I was 18, I went to a random event with Myron Golden speaking. I had $500 to my name and he hard closed me into spending every penny I had on some CDs. I remember going home feeling like I got scammed. He knew I had little and he took it all. Made me not even want to listen to his CDs because I didn't want to make money like him. That was 20 years ago, so maybe he's changed. But I'm always reminded of that whenever I see his name pop up.

    • @samplesource6566
      @samplesource6566 2 месяца назад

      @@jamescarbon3853don’t let one bad experience warp your perception. I’ve made tens of thousands just from his free content. I think everyone has made purchases they don’t feel great about before.

    • @philliphuffman
      @philliphuffman 2 месяца назад

      @@jamescarbon3853 So, what did you do with the instruction on the CDs?
      Also, what was the topic?
      I know he used to teach some other stuff in the past so I'm curious what this $500 course is/was.

  • @ayodike
    @ayodike 18 дней назад

    Thank you.

  • @SINCEREGEAR
    @SINCEREGEAR 2 месяца назад

    Okay so where do i pay you for this now bro your becoming like all the gurus man 😮

  • @treasureexplorationandrese3712
    @treasureexplorationandrese3712 2 месяца назад

    There is a cost for everything, I value my time and quality of life, giving up everything for money is too much like selling your soul.

  • @Mdr_01
    @Mdr_01 4 месяца назад +5

    That's a cool way to say that 18 million dollars pay for free time in the start of your life

  • @matty4natty
    @matty4natty 2 месяца назад

    That’s not exactly correct, economically.

  • @theouterbrackets
    @theouterbrackets 4 месяца назад +3

    This is such an amazing mental shift. 😮

  • @aqadaptiveintelligence
    @aqadaptiveintelligence 3 месяца назад +1

    Ok great. How?

  • @joeldavis8661
    @joeldavis8661 4 месяца назад

    Alex has been giving me Iman vibes lately

  • @AmirKhan-lp1tl
    @AmirKhan-lp1tl 3 месяца назад +1

    Every scam artist says this

  • @ATFstein
    @ATFstein 2 месяца назад +6

    That’s the dumbest thing I’ve heard all week and I listened to the entire congressional hearing with the head of the secret service

  • @muhammedareeb9821
    @muhammedareeb9821 3 месяца назад +14

    I can’t believe so many people think this is a “sales tactic”
    It is a life lesson!

    • @toddjal
      @toddjal 3 месяца назад

      Things can be two things at the same time.

    • @keller8821
      @keller8821 3 месяца назад

      I wonder how the dude makes his money by saying those things… I wonder if he makes more money selling courses or classes or if he makes money by using the methods he’s shilling.

    • @alwinsanthosh6878
      @alwinsanthosh6878 3 дня назад

      It's not.Its crazy how many people fall for this

  • @joshuawoolridge8378
    @joshuawoolridge8378 4 месяца назад +5

    Still waiting for you to tell me what to sell, keep getting stuck on that part lmao

    • @neildiamond53
      @neildiamond53 3 месяца назад +2

      That would be too specific and valuable. This guy only gives vague, low value advice

    • @tunadoomshitpost
      @tunadoomshitpost 2 месяца назад +1

      Get good at something, sell what you know

    • @philliphuffman
      @philliphuffman 2 месяца назад

      Sell anything.
      Ideally, sell what people want.
      If not that then how about doing a "this vs. that" - like, a cross over graph (term?) between what you have and what the market wants, in order to find the most valuable services you can provide?
      I dunno, just an idea.

  • @luqmanmohd2737
    @luqmanmohd2737 3 месяца назад +1

    Soon the banks would come on to us for this. 😂

  • @cleanwave4336
    @cleanwave4336 3 месяца назад

    Scam, she earns 50k , she wants 950k, no change. Or act spend your hard cash for a wish.

  • @thinkbeforeyoupost9766
    @thinkbeforeyoupost9766 4 месяца назад

    So how do you make $1,000,000?

  • @danishjk9150
    @danishjk9150 Месяц назад

    Wow hee right
    My life just changed

  • @corderomartin7959
    @corderomartin7959 2 месяца назад

    I think this point only applies to the people who know they have the potential and desire to do it. But just haven’t brought it to life yet. Not just a fact for everyone

    • @philliphuffman
      @philliphuffman 2 месяца назад +1

      Yeah, more of us need vision.
      Where there is no vision, people suffer.

  • @jasleelosmith
    @jasleelosmith 11 дней назад

    If this video is the mindset piece, what is the next action for this woman and her 50k?

  • @jacobmullett5733
    @jacobmullett5733 Месяц назад

    That must be that new common core math

  • @ricsriches
    @ricsriches 3 месяца назад +1

    My ignorance also saves my mental health.

  • @iraoberry1166
    @iraoberry1166 4 месяца назад +2

    Got to have that stroke of good luck

  • @chiefnase2471
    @chiefnase2471 4 месяца назад +1

    Cool. Still don't have the money

  • @Igor.I.Molchan
    @Igor.I.Molchan 4 месяца назад +2

    How to apply this?

  • @bradgthept
    @bradgthept 2 месяца назад

    I’m losing 950,000,000 every year not knowing how to make a billion a year. I should be making a billion a second but my bill of one billion per second is just too high.

  • @Syrayadavies
    @Syrayadavies 3 месяца назад

    So how to make it

  • @StepbyStepPhotographyandVideo
    @StepbyStepPhotographyandVideo 16 дней назад

    Can I just buy the paper board I think that things really cool

  • @jmoney4451
    @jmoney4451 4 месяца назад

    Kosta Browne Pinot Noir… good taste my man.

  • @topboyuk
    @topboyuk 4 месяца назад +5

    What about if you have a million and need help investing in new ideas?
    Can you cover this one please

    • @camerongrenier5405
      @camerongrenier5405 4 месяца назад

      Ouuu fancy pants rich Magee over here

    • @topboyuk
      @topboyuk 4 месяца назад

      @@camerongrenier5405 Hi
      It's just for content. To twist things around.

    • @gregrothfuss
      @gregrothfuss 3 месяца назад

      I can get you solid returns if you want to be a private lender.

    • @topboyuk
      @topboyuk 3 месяца назад +2

      @@gregrothfuss which market are you in?

    • @topboyuk
      @topboyuk 3 месяца назад

      None at the minute just observing the masses.

  • @0xdani000
    @0xdani000 3 месяца назад

    All the lessons so you buy their courses

  • @adamsales
    @adamsales 2 месяца назад

    guys. this is just a way for ambitious people to make their ‘current’ situation more painful to motivate rhem. not for everyone ALRIGHT.

  • @vegeta8169
    @vegeta8169 2 месяца назад

    The guy was myron golden

  • @dfabtv2240
    @dfabtv2240 4 месяца назад

    Do you think this perspective actually helps in the way it makes you feel about things ?

    • @philliphuffman
      @philliphuffman 2 месяца назад

      Depends on whether you feel guitly about being able to help other people financially, start businesses that create jobs and provide for needs, etc.
      No sarcasm whatsoever.

  • @zyzzer
    @zyzzer 2 месяца назад +4

    This is the equivalent of Paris Hilton just telling people to "stop being poor"

  • @fundandgrow247
    @fundandgrow247 28 дней назад

    16 NG? What does he write down and what does mean? @38 sec mark???

  • @jonbohn3854
    @jonbohn3854 2 месяца назад

    oof no thanks. that equation doesnt include RISK which for some people is a nonstarter.

  • @Person19943
    @Person19943 4 месяца назад +6

    Dutch saying: One year not working means one year no income

  • @danieljosevski1169
    @danieljosevski1169 9 дней назад

    This dude sold

  • @robbieomeara1649
    @robbieomeara1649 3 месяца назад

    I don’t know how to make a trillion dollars, I’m paying a $1,000,000,000,000 bill every year

  • @foreveraliya3606
    @foreveraliya3606 3 месяца назад +1

    Please you guys need to stop it you fake gurus most people are stuck in a serious cycle of not making enough to cover their actual bills

  • @davidadamson419
    @davidadamson419 2 месяца назад +1

    Myron Golden 🔥🔥🔥

    • @philliphuffman
      @philliphuffman 2 месяца назад

      Personal fave.
      I'm liking bishop Wayne Malcom too.

  • @adamg99
    @adamg99 3 месяца назад

    Love it

  • @mtrifiro
    @mtrifiro 2 месяца назад

    That's not how math is done

  • @garethjones3227
    @garethjones3227 3 месяца назад

    That's the silliest thing I've ever heard.

    • @eliasvivancos4381
      @eliasvivancos4381 2 месяца назад

      Really? I heard the Earth is flat...

    • @garethjones3227
      @garethjones3227 Месяц назад

      ​@@eliasvivancos4381 By his logic and your argument, we are losing out on the Earth being flat, our inability to make it flat is a loss of knowlede or ability and therefore a deficincy on our part.
      What a heavy debt i feel becauee i cant turn the Earth flat...

  • @danielw8470
    @danielw8470 2 месяца назад

    How many more angles can this guy speak about?

  • @caparis79
    @caparis79 2 месяца назад

    No it isnt. The goal in life is not to earn $1m a year. You have no debt toward a fake goal.

  • @cb9a
    @cb9a 3 месяца назад

    1x1=2 Terrence Howard

  • @bjgaming3042
    @bjgaming3042 2 месяца назад

    Are you selling this course by any chance ? 👀

  • @h62628
    @h62628 2 месяца назад

    Why stop at a milly, lets increase that debt to a billy

  • @DavidsonHangOfficial
    @DavidsonHangOfficial 3 месяца назад +2

    Friggin gold

  • @ThereIsNoTomorrow1994
    @ThereIsNoTomorrow1994 4 месяца назад

    My life is now changed

  • @hoodwinked954
    @hoodwinked954 4 месяца назад

    Oof, I’ve been paying a 30k/yr bill… didn’t even know 😮

  • @tomassbucenieks4014
    @tomassbucenieks4014 5 дней назад

    Super!

  • @grant9047
    @grant9047 29 дней назад

    Sounds cool, but nobody that watched this video made any more money except for the dude that produced it

  • @porterhadwiger5057
    @porterhadwiger5057 2 месяца назад

    Damnit that means My debt is at $100,000,000

  • @noriim55
    @noriim55 3 месяца назад

    I know how to not lose 1M, yet Im not getting a check for 1M

  • @theamazingretardedpotatoe7459
    @theamazingretardedpotatoe7459 28 дней назад

    Ok so how do i make a million year , you left the question open ended

  • @Duckywashere12
    @Duckywashere12 2 месяца назад

    Still don't understand why anybody would want to be rich. Like on paper I get it but like, it just sounds fucking exhausting to spend that

    • @philliphuffman
      @philliphuffman 2 месяца назад

      Not for ourselves, friend, for others.
      It's the difference between ;
      "I'll be thinking of you."
      and
      "Here, let me take care of that."

  • @christopherbullard6975
    @christopherbullard6975 3 месяца назад +1

    Ok but how do you become a millionaire knowing that? 😂

    • @philliphuffman
      @philliphuffman 2 месяца назад

      This isn't the *how* it's the *why*.
      How is in other stuff.
      I wouldn't recommend Alex for us newbies - for the most part.
      Myron Golden on the other hand is geared for a broader spectrum of students, teaching and identifying ancient principals and showing their timeless application to wealth, success, etc.

  • @abdulsalam56456
    @abdulsalam56456 9 дней назад

    I literally unsubscribed after I watched this.

  • @vincentpaula3184
    @vincentpaula3184 4 месяца назад

    Phantom loss

  • @jaxonsfluids2992
    @jaxonsfluids2992 3 месяца назад

    I’m paying 19818363893 billion a year because I can’t make it 😢

  • @jgclarke0352
    @jgclarke0352 4 месяца назад

    Being fat is costing me 940k a year

  • @MrAtaguas
    @MrAtaguas 3 месяца назад +1

    Me and Elon Musk have 1 thing in common ... we both paying a debt to not be a trillionaire ... couple of losers pfft

  • @andrewmayes4443
    @andrewmayes4443 2 месяца назад

    $950,000 interest free for the rest of my life?

  • @GR-id1ty
    @GR-id1ty 2 месяца назад

    Oh Gawd. He's selling MLMs? THAT'S what this is? We're supposed to cheer for this? If you're a fan of an MLM sales guy, please get help.

  • @Bloemedry
    @Bloemedry 7 дней назад

    How are those time shares doing today?😂

  • @raghavnagpal7855
    @raghavnagpal7855 2 месяца назад

    That was most stupidest thing i ever heard