Alex Hormozi: How I make friends with BILLIONAIRES [5 Steps]

The video is about Alex Hormozi sharing his five rules for networking with millionaires and billionaires, including remembering their name, getting their contact info, providing value first, always saying yes to the first ask, and never asking for anything.

This video by Alex Hormozi was published on Nov 5, 2021.
Video length: 06:31.

In this video, Alex Hormozi shares his five rules for networking with millionaires and billionaires.

He emphasizes the importance of remembering people's names, getting their contact information, providing value first, always saying yes to the first ask, and never asking for anything. He also shares some tips on how to make a good first impression and build rapport with people.

Hormozi believes that having a deliberate process for networking can help improve one's life and net worth.

• Networking can improve one's life and career.
• Remembering their name and getting their contact info is crucial for building a network.
• Providing value first helps build trust and respect.
• Always say yes to the first ask and never ask for anything too soon.
• Focus on building a relationship before asking for anything.

How I make friends with BILLIONAIRES [5 Steps] - YouTube

Introduction

• Alex Hormozi shares his five rules for networking with millionaires and billionaires.
• He believes that deliberate networking can help improve one's life and career.
• He has met a lot of billionaires and built his own network of cool and interesting people.
• He emphasizes the importance of providing value first and never asking for anything.

Rule 1: Remember Their Name

• Always remember their name and say it multiple times throughout the conversation.
• People appreciate it when you remember their name and it makes them feel important.
• Remembering their name helps you build rapport with them.
• It's important to show respect and give them the attention they deserve.
• Remembering their name helps you stand out from others who may not remember it.

Rule 2: Get Their Contact Info

• Getting their contact info is crucial for building a network.
• Text them immediately after getting their contact info and include a funny anecdote about yourself or the conversation.
• Include both names in the text to help them remember you.
• Make sure to gain rapport with them early on.
• When they look back at the text thread, they'll remember you and want to contact you again.

How I make friends with BILLIONAIRES [5 Steps] - YouTube

Rule 3: Provide Value First

• The goal of the conversation should be to figure out how you can provide value to the person.
• Give first and give unsolicited.
• Provide value by doing research and finding suppliers or resources that may be valuable to them.
• Providing value first helps build trust and respect.
• People will want to do business with you and keep you in their lives because you provided value first.

Rule 4: Always Say Yes to the First Ask

• Always say yes to the first ask because people only ask once.
• If you don't say yes to the first ask, they may never ask you again.
• Move things around to accommodate the first meetup.
• People like people who are accommodating and willing to make time for them.
• If you're the one asking, ask multiple times because sometimes life gets in the way.

Rule 5: Never Ask for Anything

• Never ask for anything because it immediately makes them assume that you are trying to use them.
• Focus on building a relationship and providing value first.
• Asking for something too soon can ruin the relationship before it even starts.
• People will be more willing to help you if they feel like you genuinely care about them.
• Never ask for anything until you have built a strong relationship with them.

5 Rules for Networking with Millionaires and Billionaires

• Remember their name and use it frequently during conversation.
• Get their contact information and follow up with them.
• Provide value first without asking for anything in return.
• Always say yes to the first ask or ask multiple times if it's you.
• Never ask for anything from them, instead describe a problem you're dealing with and they will usually offer help.
• Give first and give well, people are reciprocal in nature and will find a way to give back to you.

Watch the video on YouTube:
How I make friends with BILLIONAIRES [5 Steps] - YouTube