Money
Hormozi Made 100000 Dollars in First Month After Losing Everything by Arbitraging Gym Memberships
Jack Neel
"Knock on a F*cking Door!" Why Broke People STAY Broke | Alex Hormozi
What was said
"When I lost everything, I made $100,000 the first month after I lost everything. I went to a local business and said, what's the cheapest that you're willing to deliver those packages for? If I go get you customers and I sell it, can I keep this percentage of what I sell if I go get them and I sell them?"
Hormozi disclosed that after losing all his money, he rebuilt to six figures in 30 days by becoming an affiliate for local gyms. He would run ads, sell weight loss challenges, keep the commission, and let the gym deliver the service. He claims he could sell facilities to capacity within three weeks. This tactical revelation provides a specific roadmap for rapid income generation that contradicts the belief that rebuilding from zero takes years.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- Jack Neel
- Episode
- "Knock on a F*cking Door!" Why Broke People STAY Broke | Alex Hormozi
- Clip time
- 20:12
- Original source
- Watch the source segment →
From this episode
Jack Neel